Oil Moves Up, Dow Moves Down
Wild day down there in the pits on Wall Street today, as more mortgage and credit bad news sent shares of the Dow Jones Blue Chip Index down more than 300 points just a few moments ago. As of this posting, the Dow is now treading down about 296 points. That represents about a 2.2% decline on the day.
Other not so good news as we look at the stocks we track here at PlaneBusiness. Not one, not ONE airline or airline-related stock that we track is posting a gain as we post this note.
Meanwhile on the oil price front, a barrel of crude oil hit $77 a barrel in trading earlier today, but is now is trading around 76.05.
PlaneBusiness Banter subscribers: this week's issue will be posted later today.