Video

Oracle leads tech lower

Πέμπτη, 27 Μαρτίου 2008 20:00

Weakness in the technology sector led the broader market after disappointing sales figures from Oracle sparked concerns about tech spending.Outside of technology, confirmation the economy grew at a tepid pace at the end of last year and a decline in weekly jobless claims did little to sway sentiment either way. Crude oil briefly surged close to nearly $108 a barrel after saboteurs blew up a key oil pipeline in the Iraqi city of Basra. Conway Gittens reports from New York.


Reuters