Storms Brewing on Tuesday

Another Fed meeting, another rate increase. The Fed raised rates by 1/4 point, in response to the threat of inflation. Much of this comes from Hurricane Katrina. Another hurricane is churning through the Gulf. Rita looks like it's headed for Texas. Oil prices may feel this storm, again. Markets were disappointed by the Fed's move, falling another 3/4% in response. Dow -76.11 NASDAQ -13.93 S&P 500 -9.68