51. Crude oil futures skidded in late trading Tuesday after seesawing throughout the session as traders feared weaker U.S. demand and rising inventories. 52. Oil prices have fallen steadily due to rising inventories in consuming countries and declining demand due to a slumping global economy. 53. Technology, which has been particularly distressed by rising inventories, also advanced. 54. The report said that rising inventories may force companies to scale back output and investment even more, kicking away one of the few pillars supporting the economy. 55. The technology sector, which has been particularly distressed by rising inventories, also advanced. 56. They said investors were concerned that reports of rising inventories at major U.S. technology companies will mean less business for Taiwan companies later this year, dealers said. |