Wednesday, April 18, 2007

Wall St seen lower on tech worries

(Reuters) - JPMorgan Chase & Co. reported a higher profit that sent its shares up, but the Dow component will have trouble offsetting negative news to push the blue-chip index to a record.

A sharp drop in the dollar could also spread caution in the stock market. Analysts fear a weaker dollar could contribute to domestic inflation as prices of imports rise.


Read more at Reuters.com Bonds News

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