41. Though the extent of the damage is still unknown, oil traders in New York bid down the price of gasoline for delivery in November and December. 42. Traders are thus anticipating the next rate increase by bidding down the prices of stocks and bonds to cushion the blow of the expected interest-rate action. 43. Traders had bid down the shares Thursday, when Fannie Mae reported lower-than-expected earnings. 44. Traders bought back many of the stocks they had bid down last week, and much of the market has now returned to its price level of last Wednesday. 45. Investors bid down safer blue chips they have been buying amid the slowing economy and sluggish earnings. 46. Investors bid down the safer stocks like drug issues after months of running them up when riskier tech sectors fell out of favor. 47. Investors bid down the safer stocks like drug issues, which had rallied in recent months while riskier tech sectors fell out of favor. 48. Skittish investors also have been bidding down the Dow Jones industrials, which include tech companies like Microsoft and Intel. 49. The declines were mostly technical, with traders bidding down prices once prices failed to breach resistance levels, analysts said. 50. Stock market investors took a different view, bidding down the shares of companies that won licenses while those of Hongkong Telecom were unchanged. |