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Market Update : 
Weak Opening
Author: 123jump.com Staff
123jump.com
Last Update: 9:12 AM EDT May 12 2006



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Market aveerages for the second day are likely to trade in the negative territory for the second day in a row. Weak dollar and rising metals and oil prices are worrying traders. Oil fell in the European trading as International Energy Agency lowered its demand for oil by 200K barrels per day to 84.4 million barrels per day. Best Buy is in a deal to buy a stake in the fourth largest electronic retailer in China.

 

 

 

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