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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (3052)9/16/2002 8:27:25 PM
From: Ian@SI  Read Replies (1) | Respond to of 25522
 
S&P futures jumped about 15 points after this came out...
Also Oil futures dropped more than $1 / barrel...

6:37PM Annan confirms weapons inspectors allowed to return : UN Secretary General Kofi Annan confirms that Iraq has told the UN that it will allow the return of UN weapons inspectors without preconditions.

6:34PM Networks reporting that Iraq accepts UN weapons inspections : CNN and MSNBC reporting that Iraq will accept UN weapons inspectors, perhaps without preconditions, though details are still sketchy. Also, we would note that in the run-up to the Gulf War, Iraq sent many encouraging signals that were later withdrawn, so it is premature to assume that this news will avert an eventual attack.