Investors nervous about rates ~ forex trading jobs at home
Stocks were mixed in early trading Thursday as investors eyed sinking oil prices and a selloff in stock markets overseas.
The Dow Jones industrial average (down 15.05 to 10,915.85) and the broader Standard & Poors 500 index (down 0.75 to 1,255.40) both hovered around the breakeven about a half hour into the session.
The Nasdaq composite (down 6.27 to 2,145.53) lost 0.5 percent.
The European Central Bank hiked its key interest rate a quarter
percentage point at its meeting in Madrid Thursday, in line with forecasts of economists, sparking concerns about rising global interest rates.
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Asian markets ended lower, with Japans benchmark Nikkei index tumbling 3 percent, and European shares were lower in early afternoon trading.
Oil prices sank for the third straight session Thursday on news of the death of Abu Musab al-Zarqawi, the leader of al Qaeda in Iraq.
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