THE GULF WAR: The Home Front : Market Update
Oil: Crude rose 43 cents to $18.37 a barrel on the New York Mercantile Exchange.
Dow Industrials: Widespread but orderly profit-taking sent the 30-stock industrial average down 23.27 points to close at 2,864.60.
Credit Markets: Government bond prices were pushed sharply lower by oversupply concerns.
Metals: In New York, gold settled at $359 an ounce, off 50 cents from late Monday.
Currency: The dollar ended higher against most leading currencies, boosted by hopes that the war will soon be over and that the U.S. economy will get a boost as a result.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
