Oil’s down, stocks are up, but uncertainty remains (AP)

Posted by admin on August 21, 2008 under News | Be the First to Comment

Oil’s down, stocks are up, but uncertainty remains (AP)

Traders work in the oil pit, left, and options pit, right, at the New York Mercantile Exchange Thursday Aug. 21, 2008. Oil prices have rebounded after falling about $35, or nearly a quarter, from their all-time trading record $147.27 on July 11. (AP Photo/Richard Drew)AP – The past four weeks on Wall Street have been quite a welcome contrast. Stocks have risen, the dollar has strengthened and oil prices have plummeted.


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