excerpt from Bloomberg newswires -The threat of terror attacks may reduce travel and consumer spending, leading to slower economic growth. In the three months after the Sept. 11 assault, oil fell 35 percent. Prices also dropped today after BP Plc said it may keep operating part of the Prudhoe Bay oil field, the largest in the U.S. Prices surged on Aug. 7 when the company said it would shut all operations. -
Thanks Seth. I still find it hard to believe that the BP news alone could have moved these two markets as much as they did yesterday. Somebody mentioned there was a 48 hr delay on the newsbreak of this story. Is that true of false..?
I think it was Pam Anderson and Kid Rock getting married. Who is gonna trade a security when they could read about Pammy?