19.11.2008 17:43

Dow -32.90 at 8391.06, Nasdaq -5.24 at 1478.03, S&P -3.03 at 856.09


The stock market opens with modest losses. Consumer prices fell by the largest amount since at least 1947, fueled by a sharp drop in energy prices. Prices outside of energy also fell, reflecting the weak economy, and resulting in core CPI falling 0.1%.
Oil is up 1.2% to $55.05 per barrel as the dollar falls 1.0%. The government will release its weekly energy inventory data at 15:35 GMT.






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