THE GULF WAR: The Home Front : Market Update
Oil: Crude futures prices declined 48 cents per 42-gallon barrel to $20.66 in quiet trading on the New York Mercantile Exchange.
Dow Industrials: The average of 30 industrial stocks rose 16.09 to 2,788.37.
Credit Markets: Bond prices rose on strong demand for new Treasury debt and weak economic news.
Metals: Gold fell $2.20 an ounce to $366.40 on New York’s Commodity Exchange.
Currency: The dollar declined moderately against most major foreign currencies.
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