Stocks dip as oil hovers near sixty eight dollars
Inflation fears shadow Wall Street as crude nears 68 per barrel and weekly jobless claims fall for a third straight week. The Dow declines while the Nasdaq edges higher on tech and small cap strength amid a mixed market. Bond yields rise, the dollar softens, and gold tops 600 amid inflation jitters.
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Strayhorn attacks Perry over Texas Enterprise Fund oversight
Strayhorn, running as an independent against Gov. Perry, demands tighter controls after Vought Aircraft announces 600 job cuts tied to its Texas Enterprise Fund deal. She questions accountability for state money used to lure business, while Perry cites contract safeguards and job targets.
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