STOCK MARKET WATCH -- Wednesday, 3 May 2023
STOCK MARKET WATCH, Wednesday, 3 May 2023
Previous SMW:
SMW for 2 May 2023
AT THE CLOSING BELL ON 2 May 2023
Dow Jones 33,684.53 -367.17 (1.08%)
S&P 500 4,119.58 -48.29 (1.16%)
Nasdaq 12,080.51 -132.09 (1.08%)
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Currencies:
Gold & Silver:
Petroleum:
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Quote for the Day:
Later the chairman of the board of New Jersey Standard, A. C. Bedford, went to Europe to deal with the matter personally. The various wartime arrangements negotiated between Britain and France to share the postwar oil wealth of the Middle East remained secret the American government had been put off with false assurances that nothing had been decided upon that excluded the United States' interests and these were matters that he looked into. On 27 April 1920, at the Conference of San Remo, Britain and France finally concluded a secret oil bargain, agreeing in effect to monopolize the whole future output of Middle Eastern oil between them. Bedford obtained a copy of the agreement from a member of the French delegation, and turned it over to the American embassy.
David Fromkin. A Peace to End All Peace: The Fall of the Ottoman Empire and the Creation of the Modern Middle East. Henry Holt and Company. © 1989.
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