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Investor's Business Daily

| April 01, 2005 | COPYRIGHT 2005 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Crude Over $55 On Talk Of $105

1May crude rose to $56.10, closing up $1.41 to $55.40 a barrel, after Goldman Sachs warned oil could reach $105 due to resilient demand. It had said oil could hit $80 in a "super spike." April heating oil and gasoline oil contracts, which expired Thursday, both surged to record highs. May futures rose even higher. More on B13

Market Ends Ugly Quarter Lower

2 The Nasdaq fell 0.3%, the Dow 0.4%, the S&P 500 and 600 less than 0.1% each as volume swelled. In Q1, the Dow and S&P 500 slid 2.6%, the Nasdaq 8.1%, the small-cap S&P 600 2.4%. Rising oil prices hurt the market but boosted energy stocks. The 10-year Treasury yield fell to 4.49% on eased inflation fears. More on this page, B2

Jobless Claims Jump To 350,000

3They rose 20,000 last week to their highest since the Jan. 8 week. The 4-week average rose 8,500 to 336,000, a 2-month peak. But continuing claims fell to a 4-year low. Monster Worldwide's online jobs index shot up in March. The Feb. help-wanted index held at a 2-year high. Economists expect Fri.'s March jobs report to show payrolls rose 225,000. More on this page

Inflation Report Soothes Fears

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