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To: Zoltar who wrote (56906)8/7/1998 8:55:00 AM
From: Mohan Marette  Respond to of 176387
 
U.S. stocks seen down after Africa bombs, eye data

Holy Cow, but what is this has to do with the stock market,oh well
we'll see.

By Marjorie Olster
NEW YORK, Aug 7 (Reuters) - Wall Street was set to start lower Friday after explosions rocked U.S. embassies in Kenya and Tanzania. The July employment report, due out before the open, will also be key in setting the market's direction.

The State Department labeled the African bombings a ''terrorist attack''. The violence and a new stand-off between Iraq and U.N. weapons inspectors were being viewed as tests for President Clinton at a time of personal strife.

Police and witnesses said at least 17 were killed and 400 injured in the blasts, including U.S. citizens.