AFTERMATH OF WAR: The Home Front : Market Update

OIL: Crude closed 30 cents higher at $19.16 a barrel.

DOW INDUSTRIALS: The 30 industrial average dropped 6.93 to 2,882.18.

CREDIT MARKETS: Bond prices retreated as anxious traders fretted over the economy’s future following the war.

METALS: Gold prices moved sharply higher in response to the Gulf developments. Gold advanced $5.70, closing at $367.40 an ounce.

CURRENCY: The dollar advanced against other major currencies, boosted by speculation that U.S. interest rates would remain stable.