The market started the week optimistic about the outlook for second quarter earnings reports.� The week ended on a dismal note, with concerns about war in the Middle East and oil prices dominating the action.
The S&P 500 index gained 2 points on Monday.� That reflected a decent underlying tone. Merrill Lynch downgraded the technology sector to "underweight" and that led to a 13 point drop in the Nasdaq.� The critically important technology sector continues to be the weakest of the ten S&P categories, but the overall S&P
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NATALEE'S UNCLE SAYS 'RE-ARREST DEEPAK!'
Natalee Holloway's uncle is demanding that suspect Deepak Kalpoe be re-arrested in the 10-month-old mystery of the pretty blonde honor student who disappeared in Aruba. Deepak, his brother Satish and Joran van der Sloot were with the Alabama teen, pictured center, when she was last seen leaving a bar on the island in the early hours of May 30. Her uncle Paul Reynolds told The National Enquirer that he believes Deepak, 21, should be the chief suspect instead of van der Sloot, 18. Reynolds also... STAR JONES CHEATS DEATH AS SHE UNDERGOES PLASTIC SURGERY A WILD NIGHT OUT FOR JESSE & HIS PARTY PAL LINDSAY
Star Magazine
KATIE HOLMES: FEARING FOR HER TOMKITTEN
Katie Holmes was already worried about the upcoming birth of her baby. According to the tenets of 43-year-old fiancé Tom Cruise's religion, Scientology, she'll have to be silent (not even a moan!) during the delivery, lest the trauma be imprinted in her baby's brain. Plus, a source says, "Only Tom and a few Scientology supporters will be in the room — not Katie's mother!" And Scientology advocates separating the baby from its mother for at least the first 24 hours after birth. Now... IT'S OVER! KRISTIN CHEATS ON NICK WITH HER EX! ANGELINA PILOTING HER PLANE AT 7 1/2 MONTHS: IS SHE CRAZY?
Israel steps up assault on Beirut suburbs U.N. peacekeepers remove the bodies of citizens who were killed when Israeli warplanes targeted their vehicles, on the main road near the southern border village of Ter Harfa, Lebanon, Saturday, July 15, 2006, while they were fleeing their village. At least 12 Lebanese villagers, including women and children, were killed in what appeared to be an Israeli airstrike on a convoy of vehicles evacuating a village near the border with Israel in southern Lebanon, a witness said. The convoy was leaving the village of Marwaheen, which abuts the border, when it was attacked. (AP Photo/Mohammed Zaatari)