Thursday, March 6, 2008

US Market Summary 5 Mar 08

Dow 12,254.99 +41.19 +0.34%
Nasdaq 2,272.81 +12.53 +0.55%
S&P 500 1,333.70 +6.95 +0.52%

Oil surged Wednesday, rising a remarkable $5 a barrel to a new record over $104 after the government reported a surprise drop in crude oil stockpiles and OPEC held production levels steady.

Judging from the US market yesterday, Asia markets should recover some after having too oversold.
Commodities stocks should rebound fast with index stocks, load some for selling off before market close.

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