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Chemical Week Magazine :: CW75 Stock Performance

cw75 stock performance

8:46 AM MDT | August 6, 2007 | Chemical Week Editorial Staff

The CW75 Index rose by less than 1% for the week ending May 30, in line with broader stock market indexes including the Morgan Stanley global composite and the Standard & Poor’s 500 indexes. Strong consumer confidence, a drop in oil prices, and acquisitions helped to modestly lift the overall stock market, analysts say. U.S. stocks rose on news that the Federal Reserve indicated it is not inclined to raise interest rates. An uncertain economic outlook kept gains modest, however, analysts say. Basic chemical shares increased by about 1%, helped by a fall...

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