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Stocks ended mixed as the Dow and the S&P 500 posted moderate losses, falling for a third straight session, while tech stocks lifted the Nasdaq, as investors kept their attention on the events unfolding in the Middle East. HP fell, while GE rose.
Stocks fluctuated in the final hour of the session, adding back losses even as oil prices continued to fall amid rumors involving Libyan leader Muammar Gaddafi. HP fell, while GE rose.
Stocks traded mixed Thursday as investors remained focused on the events in the Middle East, and shrugged off largely positive economic news. HP fell, Chevron gained.
Stock index futures turned positive after news of an unexpected fall in jobless claims and a jump in durable goods order, as investors remained skittish by spreading unrest in the Middle East.
The knee-jerk reaction is that hiring a non-merchant after a three-year search is just another shake-your-head moment in the recent history of Sears.
Stocks ended lower Wednesday, extending losses from the previous session, as oil briefly crossed the $100 mark and investors continued to worry over over the political unrest in Libya.
Stocks were under pressure Wednesday, extending the previous day's sharp losses, as oil briefly crossed the $100 mark and investors remained jittery over the political unrest in Libya.
The residential mortgage-backed security market will reemerge beyond Fannie Mae and Freddie Mac, Lewis Ranieri, the "father" of the trillion-dollar mortgage market, told CNBC on Wednesday.
Stocks continued to slide lower for a second session Wednesday, extending the previous day's sharp losses, as investors digested a handful of weak earnings and remained jittery over the political turmoil in Libya.
Yet even after the intensity of Tuesday’s move, NYMEX crude still ranks among the worst ways to play energy so far in 2011. Including the spike, crude is up a mere 2.4 percent year to date, after spending most of the last seven weeks in negative territory.
Stock index futures pointed to a slight rebound for Wall Street on Wednesday after stocks tumbled in the previous session amid growing concern over the political turmoil in Libya, where Moammar Gaddafi vowed to crush the revolution.
Driving his black Mercedes-Benz over the Fourth of July weekend, a Morgan Stanley Smith Barney broker, Martin Joel Erzinger, hit a cyclist, leaving the rider seriously injured on the side of the road, the New York Times reports.
Markets are grappling with new concerns that rising oil prices could stifle the economic recovery and steal away stock market gains.
Stocks tumbled as the unrest in Libya—and the cut-off in Libyan oil supplies—sent oil prices soaring and gave skittish investors a reason to sell stocks in a market that had climbed to multi-year highs. Alcoa and JPMorgan fell, while Kraft gained.
Stocks held steep losses into the close as the unrest in Libya sent oil prices soaring and gave skittish investors a reason to sell stocks in a market that had climbed to multi-year highs. Alcoa and Bank of America fell, hwile Kraft rose.
As oil prices continue to surge amid political unrest throughout the Middle East, the market is recognizing that barrels of oil come out of some pretty risky places in the world, Kenneth Hersh, co-founder and CEO of the Texas based energy firm NGP Energy Capital Management, told CNBC on Tuesday.
Stock index futures pointed to a lower open for Wall Street Tuesday as mounting violence in Libya prompted investors to cash in recent gains and take a more cautious stance after the President’s holiday on Monday.
As oil prices surge, experts discuss the tipping point at which the costlier commodity will begin to impact stock markets and the economy.
The editor is eager to avoid any hype about her plan to overhaul the newsweekly, the New York Times reports.
It’s an open question whether James Murdoch will one day run the News Corporation. But he could soon be responsible for about half of it, the New York Times reports.
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