Monday, June 19, 2006

See Saw Monday

Well, we're back in the red. Oil prices are still dropping. Merger activity is heating up, but Wall Street is still skittish. After a couple of stellar days, the market pulled back. Nokia and Siemens announced their "marriage," which should make the combination a powerhouse in the wireless equipment arena. I guess you could explain the swoon by recognizing that it's a hot, lazy Monday. Dow -72.44 NASDAQ -19.53 S&P 500 -11.40