Monday, July 7, 2008

Happy Monday! Gas is Falling and the Dollar is Rising

It looks like even the US economy came back to work refreshed after the long holiday weekend.

The price of oil fell by up to 5$ per barrel, bringing the price to about $141 (after a record high of $145.29 a barrel last week). In response, investors in the stock market got the confidence boost they needed, rising by 0.63% and strengthening the US dollar.


http://latimesblogs.latimes.com/lanow/2008/07/good-morning--3.html
http://www.latimes.com/business/nationworld/wire/ats-ap_business13jul07,1,1065115.story
http://www.nbc13.com/vtm/news/local/article/crude_oil_closes_at_new_record_high_price_per_barrel/25960/