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Crude Bounce

By AP/KWGS News

http://stream.publicbroadcasting.net/production/mp3/kwgs/local-kwgs-968378.mp3

Hear up date on gasoline prices: – NEW YORK (AP) Stocks are turning mixed in midday trading as oil and other commodities reversed earlier losses.

Crude oil wavered after a report from the International Energy Agency said demand for oil would be lower than previously expected.

Silver dropped more than 3 percent, extending a deep slide from $48.60 at the end of April.

Cisco Systems Inc. fell 5 percent Thursday, the largest drop among companies in the S&P 500 index. The maker of computer networking equipment reported an 18 percent slide in earnings and lowered its profit forecast. It also plans to cut jobs.

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