Around the World's Markets: New York

US STOCKS were mixed as investors were rattled by the possibility of a military strike against Iraq. Oil shares such as Exxon and Chevron rose on the prospect that the supply of oil from the Middle East will be interrupted.

The Dow Jones Industrial Average rose 5.92 points, or 0.1 per cent, to 8829.74, paring an 84-point gain. The Standard & Poor's 500 Index fell 2.80, or 0.30 per cent, to 1118.17. The Nasdaq Composite fell 11.05, or 0.6 per cent, to 1851.06.