07 July 2005 17:04 [Source: ICIS news]
On the New York Stock Exchange, trading opened as usual, but at a frenzied pace. The Dow Jones Industrial Average fell 66 points (0.6%), in the first few minutes of trading to 10,204, but hours earlier, the Dow Jones futures were down as much as 200 points.
The downturn hit nearly all sectors of the market, including chemicals, where stocks fell on the order of 0.5% to 2%.
Specialty chemicals were also hit, with Rohm and Haas down 53 cents to $43.95, Chemtura off 36 cents to $14.52, Hercules off 28 cents to $13.80,
Oil prices appeared unaffected by the attacks, with crude oil down 78 cents to $60.
High on the list of concerns is the impact of the terrorist attacks on the global economy. Following the
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|