1. Forward selling by producers and reduced demand from jewelry consumers at that level usually knocks prices lower. 2. Such perceptions and prospects for faster-than-expected economic growth in the September quarter knocked bonds lower. 3. The dollar was also knocked lower as reports of accelerating German inflation dashed speculation the Bundesbank will cut interest rates soon. 4. Treasuries were also knocked lower by traders who plan their strategy based on charts of bond movements. 5. Many fledgling technology companies were knocked lower in April, when the Nasdaq sustained its initial wave of selling. 6. Tokyo share prices dropped almost across the board Friday morning, knocked lower by a plunge on Wall Street amid turmoil in the Middle East and soaring oil prices. |