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Technology Stocks : Semi Equipment Analysis

SOXX 296.20

-0.6%

4:00 PM EST

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To: Return to Sender who wrote (15365)	5/24/2004 2:00:57 PM
From: Proud_Infidel	Read Replies (1) of 95580

Message deleted. But crude quickly turned higher as OPEC deferred a decision on increasing supply. The benchmark crude contract was last up $1.73 at $41.66 a barrel on the New York Mercantile Exchange. Meanwhile, unleaded gasoline futures hit an all-time high on the Nymex. The June contract for gasoline was at $1.465 a gallon, up 4.82 cents, or 3.4 percent. See Futures Movers. Hugh Johnson, chief investment officer at First Albany, said oil is part of the reason for the recent faltering of the market but not the only concern. "Most of this you cannot trace to oil," Johnson said. "It's worries that China will more than slow and that slowdown will be transmitted to other parts of the globe through commodities prices, through capital flows and trade flows." biz.yahoo.com

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