“This is big news. This is a good step forward for Hewlett-Packard. With her departure, the company will look forward to having new leadership ... so the market is looking at this as a positive for stocks, especially the tech sector.”
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“Crude oil tumbled in the final minutes of trading as traders are taking an attitude that prices may not see a substantial gain based on supply disruptions from Hurricane Katrina.”
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“This move will have a short-term negative impact on the equity markets. However, it is longer term, a positive.”
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“Traders are more focused on Hurricane Rita as this weather event could have a longer-term devastation on the infrastructure of our nations oil industrys ability to provide energy to citizens.”
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“The market needs at least a minimum of three 350,000-barrel-per-day refineries to comfortably meet and keep up with the pace of demand here in the U.S.,”
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“If the core rate shows lower inflation than expected, it will give a hint that the Federal Reserve is close to the end of its rate hikes, and this would give equity markets a boost overall,”
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“If this storm does start to track towards [the Houston] area ... we would certainly see a lengthy recovery process in the nations refinery industry.”
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“With the overhanging cloud of the Iraqi situation, renewed fears of terrorism and tensions with North Korea, this market breeds fear, and fear drives stock prices lower.”
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“Concerns over inflation have not disappeared.”
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“Demand is up mainly as it has a dual role as a food and bio-fuel product.”
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