Yo-yo markets

January 18, 1991

Key world financial markets reacted yesterday and today to the attack on Israel:

STOCKS: Prior to the attack on Israel, the New York Stock Exchange closed up 114.60 points yesterday to 2,623.51. This afternoon on the Tokyo exchange, which opened about the time of the attack, the Nikkei average was up 248.95 points at 23,695.76.

OIL: February crude oil traded in the after-hours spot market was up $2 a barrel, U.S. traders said. Oil futures had fallen $10.56 to $21.44 a barrel in earlier trading.

DOLLAR: The dollar opened at 132.80 yen today, down 1.20 yen from Thursday's close of 134.00.

BONDS: Treasury bond futures traded at night on the Chicago Board of Trade were down more than three-quarters of a point after reports of explosions in Tel Aviv, traders said.

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