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-   -   Crude oil prices slipped and US equities at wall street gained slightly (https://www.bigmoneyforum.com/make-money-forum/showthread.php?t=9429)

gnutrade.satya 10-12-2010 06:00 AM

Crude oil prices slipped and US equities at wall street gained slightly
 
Crude oil prices slipped back on indications that prices might run ahead of demand. Expectations of QE2 have weakened the dollar, increasing the prospect that US inflationwould rise heavily.A barrel of crude oil for October delivery settled down 15 cents on the day at $82.51.
US equities at Wall Street was seen in lightest trading volume as few dared to place bets ahead of key companies' results which are due to release later this week. The Dow Jones Industrail Average edged up 3.86 points to end at 11,010.34. The Standard &Poor's 500 inched up just 0.17 of a point to 1,165.32. The Nasdaq Composite Index gained 0.42 of a point to 2,402.33.


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