USA: The Dow dove to start the day but slid back into the positive side by close thanks in part to the soaring price of oil. The 8775.40 closing mark, a 25.4 gain, was the third straight record close. The Nasdaq shrugged off a disappointing profits cry from Bay Networks to eke out a record, up 8.98 at 1788.28. Russia: The 7-point loss over the past few days is attributed to the ailing Yeltsin's absence, but traders are telling investors not to fear a full-scale crash should the president die suddenly.
Market Wrap
USA: The Dow dove to start the day but slid back into the positive side by close thanks in part to the soaring price of oil. The 8775.40 closing mark, a 25.4 gain, was the third straight record close. The Nasdaq shrugged off a disappointing profits cry from Bay Networks to eke out a record, up 8.98 at 1788.28. Russia: The 7-point loss over the past few days is attributed to the ailing Yeltsin's absence, but traders are telling investors not to fear a full-scale crash should the president die suddenly.
