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Chemical Week Magazine :: CW75 Stock Performance

CW75 Stock Performance

5:36 PM MDT | July 21, 2008 | Chemical Week Editorial Staff

The CW75 Index was flat for the week ending July 15, despite analysts’ forecasts that the slowdown in the global economy will lower second-quarter chemical industry earnings. The index outpaced broader market indexes. The stock market fell after the U.S. Federal Reserve chairman said the weak economy faces “numerous difficulties,” such as housing problems, rising jobless rates, and strains on the financial sector. Recent chemical industry M&A activity and falling oil prices helped to lift chemical stocks, analysts say. Rohm and Haas’s...

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