WKYT | Lexington, Kentucky | News

Stocks set to fall as protests in Libya intensify

NEW YORK (AP) - Stocks are headed for a sharply lower opening as investors become increasingly concerned about violent protests in Libya.
The uprising sent oil prices up 7 percent to $96 a barrel Tuesday. Libya is the world's 18th largest oil producer. It also sits atop the largest oil reserves in Africa. A U.N. agency estimates at least 250 people have been killed in Libya's unrest.
In the U.S., major retailers such as Wal-Mart Stores Inc. and Home Depot Inc. are reporting higher earnings results.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus


2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Register for Email
RSS Feeds
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 116650894 - wkyt.com/a?a=116650894
Gray Television, Inc.