Oil prices dip below $100 as OPEC hike bets stir markets
Oil futures fell sharply to $99.52 a barrel after brushing $98.87, first sub-$100 close this week. OPEC President Chakib Khelil signaled no rush to hike output, while traders weigh possibilities of a production increase. US crude inventories are expected to rise 2.3 million barrels, per Dow Jones survey. EIA report due today.
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Organization of Petroleum Exporting Countries
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Energy Information Administration
Volatile stocks end mixed on Ambac and Cisco talks
Wall Street closed mixed as investors bought bargain stocks amid rumors of a bond insurer rescue plan progress and upbeat Cisco comments. Merrill Lynch cut Citigroup earnings forecasts, Dubai fund executive warned of cash needs, and Intel trimmed first quarter margins while tech and financial shares revived on Ambac rescue progress and Cisco optimism.
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Vermont towns approve Bush Cheney indictment
Vermont towns Brattleboro and Marlboro vote to call for the indictment of President Bush and Vice President Cheney over alleged constitutional violations. Brattleboro passes 2012 to 1795. Marlboro 43 to 25 with three abstentions. Marlboro note cites nonbinding status due to absence from meeting warning.
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Brattleboro
Brattleboro Union High School
Bush
Cheney
Vermont
Dick Cheney
Marlboro
Nora Wilson
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