Storm Before the Calm

Markets slumped again today, with most indexes dropping about 1/2%. Oil is nearing $90 a barrel, and investors are spooked by the repercussions. On a better note, Ford showed marked improvement on their ratings from Consumer Reports. Just when you thought it was all over for the big 3! After market close, there was good news from the tech sector. IBM reported a 6% rise in earnings, and Intel's earnings jumped 43%. These should be reflected in tomorrow's numbers. DJIA -71.86 S&P 500 -10.18 NASDAQ -16.14