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UPS & Dow Chemical

Posted on June 24, 2008

Good morning. The market remains under pressure as higher oil prices and ongoing concerns about the U.S. economy linger. Not helping matters this morning include profit warning by UPS who blamed rising fuel costs and a slow economy and news that Dow Chemical is going to increase prices by as much as +25% next month. Premarket gainers: MRY, KRY, ROYL, ASML, SFSF, ZRAN, CVG, ABAT, KR, UBS, MHO, MXC, NVS, EAC, SGMO, SFSF, EFUT, GRVY, APPY, CSX, & ADBE. Premarket losers: UPS, DAI, CTB, CSE, FSYS, BX, SOLF, EPCT, VE, AXYS, FDX, GU, HNP, CSUN, BHP, UAUA, CPSL, PMFG, ACH, & CIEN. In a few minutes w...

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Tags:
economy , housing , inflation , oversold
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