The CW75 Index inhuman 1.
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The CW75 Index inhuman 1.3% for the week ending July 28 despite higher second-quarter earnings. The Morgan Stanley global composite index slipped 12% and the Standard & Poor's 500 index was flat. Basic chemical stocks were down 1% diversified 12% and specialty chemical stocks, 16%
"Higher raw oil prices along with growing affects about a potential economic slowdown in the secondary half led the market lower again last week," says Don Carson, analyst at Merrill Lynch (New York).
Cabot Microelectronics's stock rose 22% following a tough earnings report, and an upgrade at WR Hambrecht ...
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