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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: chomolungma who wrote (67615)	2/5/2003 12:33:16 PM
From: zonder	Respond to of 70976

11:46AM Oil services sector, crude pulls back as Powell speaks (OIH, RIG, BHI, SLB) by Tomi Kilgore Crude futures and the oil service sector have pulled back from earlier levels as Secretary of State Colin Powell presented evidence to the U.N. that Iraq has deceived weapons inspectors. March crude futures are up 44 cents at $34.02, off their intraday high of $34.28. Meanwhile, the Merrill Lynch Oil Services Holdrs (OIH) is up 33 cents at $56.73, after being up as much as 98 cents at $57.38 earlier in the session. Among some of the sector tracker's most-active components, Transocean (RIG) is up 14 cents at $23.09, Schlumberger (SLB) is adding 4 cents at $38.35 and Baker Hughes (BHI) is gaining 50 cents at $31.77. Those stocks have pulled back from their respective highs of $23.49, $39.21 and $31.92. 11:13AM Gold sector spikes lower as Powell speaks to U.N. ($GOX, NEM, ABX, PDG) by Tomi Kilgore The CBOE Gold Index ($GOX) has spiked lower as Secretary of State Colin Powell gave the U.N. evidence that Iraq is deceiving weapons inspectors. The sector tracker is now down 1.7 percent, erasing earlier gains of as much as 0.2 percent. Among GOX components, Newmont Mining (NEM) is down 23 cents at $29.56, Barrick Gold (ABX) is 12 cents lighter at $16.92 and Placer Dome (PDG) is giving up 32 cents at $11.62. Pre-Powell, those stocks reached intraday highs of $29.95, $17.22 and $11.89, respectively. Meanwhile, April gold futures up 60 cents at $380.50, after reaching a high of $390.80 in overnight trading. Keep watching the UN Security Council, by the way. "Allies" don't seem that convinced to me..