Friday, September 16, 2005

OPEX FRI

NEW YORK (AP) -- Stocks rose slightly Friday, narrowing the week's losses as the energy and basic materials sectors improved and Dow components Exxon Mobil Corp. and Intel Corp. rose on upgrades.
Volume was heavy as options expired, but advances were limited as investors eyed America's current account deficit for April-June. The trade deficit dipped slightly, but still was at the second-highest level in history and on track to surpass last year's record trade deficit of $668.1 billion. Foreign investors continued heavy buying of U.S. Treasury bonds in July, but economists worry that at some point they will no longer want to hold such sizable sums of dollar-denominated assets.

BUT there were 100 NEW LOWS! most in quite awhile.

D

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