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Thursday, May 17, 2007
Bubbling Crude
Oil rose $2 a barrel today, putting a damper on HP's good earnings news. The result? A slight downtick on all fronts. While it has been private equity driving markets lately, Fed Chief Bernanke issued cautions about these guys. It was a flat day overall, despite my hopes for techs on this day after.
DJIA -10.81 NASDAQ -8.04 S&P 500 -1.39