Stock Watch: Market Mixed Despite Opec Move ; Investors Remain Wary Even After Oil Cartel Indicates a Rise in Output

The ColumbianJune 03, 2004

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Summary


NEW YORK - Blue chip stocks got a boost Wednesday as OPEC signaled it would raise output to help curb surging oil prices, offering investors some relief from persistent worries about inflation.

But the overall market was mixed while Wall Street awaited May employment numbers from the Labor Department and Intel Corp.'s mid- quarter forecast.

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Stock Watch: Market Mixed Despite Opec Move ; Investors Remain Wary Even After Oil Cartel Indicates a Rise in Output

Trading was light and uneventful, with few investors making big moves ahead of dat...

See the full content of this document

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