any Current Event?

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does anyone know about any current event in general in which it influences a particular stock or a mutual fund?

2007-03-24 10:27:37 · 2 answers · asked by Lala 2 in Business & Finance ➔ Investing

2 answers

It's called Sub Prime lending.

2007-03-24 13:09:35 · answer #1 · answered by franksprung 3 · 0⤊ 0⤋

Not a particular stock, but the Iranian kidnapping of British sailors affected the price of oil ( up over $ 2.00) ... so it affected a whole sector of stocks ( oil companies, drillers, refiners,retailers ) because markets were afraid that if some kind of trouble broke out with Iran...oil would become more scarce...

2007-03-24 18:29:35 · answer #2 · answered by jebediabartlett 6 · 0⤊ 0⤋