Author: 123jump.com Staff
123jump.com
Last Update: 3:19 PM EDT March 22 2007
Stocks in the U.S. were near the flat line as traders digested their gains of the last three days and continued to ponder the next moves of the Federal Reserve. Technology shares came under pressure after warning by Motorola that fell 6.5%. New issue of Glue Mobile rose 11% on its first day of trading. European stocks closed sharply higher led by more than 2% rise in Germany. Oil traded near $62 per barrel on weekly inventory report. Asian stocks closed higher in overnight trading.
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