Kerry, Bush Even in IEM

John Kerry pulled even with George W. Bush in the U.S. presidential election after Kerry picked a running mate, the stock market tumbled and government reports criticized the administration's handling of terrorism and Iraq, according to betting on electronic exchanges. The price of a Kerry futures contract traded on the IOWA ELECTRONIC MARKETS rose 11 percent this month to a high of 51.6 on Monday, the first day of the Democratic National Convention in Boston. The contract has since slipped to 49.9.