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Will We Know Who's the President on Nov. 3? Uncertainty Is Weighing on Sto

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steve2470 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 04:52 PM
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Will We Know Who's the President on Nov. 3? Uncertainty Is Weighing on Sto
Edited on Fri Oct-22-04 04:53 PM by steve2470
Last word in headline: Stocks



NEW YORK (AP) - Add election chaos to the list of worries plaguing Wall Street. With just over a week to go before America heads to the polls, all the major stock indexes are in negative range for the year, and pricey oil may not be entirely to blame.

A repeat of the 2000 recount would almost certainly send stocks tumbling, and some analysts say that possibility is already being factored into share prices. The thought that terrorists might try to disrupt the electoral process has also crossed traders' minds. And, as is the case in any tight race, some professional investors are making sector bets in an attempt to game the outcome. If Sen. John Kerry manages to unseat President Bush, the thinking goes, businesses in heavily regulated industries are likely to face a tougher climate.
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http://ap.tbo.com/ap/breaking/MGBBJ5RUM0E.html
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billyoc Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-22-04 05:07 PM
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1. KERRY LANDSLIDE
Say it with me...
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