Posted by Casey in Ky on March 10, 2011 at 12:22:40 from (139.76.64.66):
Saudi unrest report knocks stocks lower
News that Saudi police fired on protests sends the Dow more than 200 points. Stocks fell to new lows this afternoon on an Associated Press report that police in Saudi Arabia had fired on protesters Qatif, a city on the east coast near Bahrain. There were reports of some injuries.
Within seconds of the report, the Dow Jones Industrial Average ($INDU) saw a decline of some 160 points grow to as many as 239 points before stabilizing.
Crude oil in New York, which had dropped below $102, rallied back to $103.38 a barrel. That's still down $1 on the day.
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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