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Bluefield Daily Telegraph in Bluefield, West Virginia

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Newspaper

Bluefield Daily Telegraph

Location

Bluefield, West Virginia, United States of America

Date

Jun 06, 2006

Page

6

Stocks Dive as Fed Rate Hikes Loom amid Oil Fears

The Dow fell 199.15 points to 11,048.72 as inflation fears and higher oil prices spurred expectations the Fed will tighten again. S&P 500 slid 22.93 to 1,265.29 and Nasdaq dropped 49.79 to 2,169.62. Bond yields rose as traders priced in June rate moves.

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