12.27.2007
What Bhutto's Assassination means in Dollars and cents. . .
-Stocks Fall After Bhutto Assassination-
"NEW YORK (AP) -- Stocks fell in Thursday after the assassination of Pakistani opposition leader Benazir Bhutto and after the Commerce Department reported a weak increase in durable goods orders. The Dow Jones industrial average fell more than 100 points.
Bhutto's assassination raised the possibility of increasing political unrest abroad, always an unsettling prospect for investors. Oil and gold prices rose following the news."
News has an impact on everything.