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The Dow closed higher after retreating oil prices and a tame reading of core U.S. consumer prices eased inflation fears. What's the "Word on the Street?"
For the week ending Friday, June 13, 2008, the markets were mixed on varied economic news, renewed credit concerns from Lehman and the financial sector, and of course, oil. A surprise increase in retail sales gave hope for economic growth and a rising CPI suggested a potential rate move on the horizon that could strengthen the dollar and begin to tame inflation.
The stock market ends the week on a mixed note with the Dow positive on triple digit gains Friday, and the NASDAQ and S&P both in negative territory. The tech heavy NASDAQ faired the worst, down almost 1% for the week while the S&P was almost flat.
After another volatile Wall Street session, Dylan labels Thursday "a big fiasco," with the lion's share of the blame going to the Microsoft-Yahoo crash-and-burn. Any possible deal has been aborted for the second and -- very likely -- last time.
It is shaping up to be another rough day for Yahoo shareholders, now that we have confirmation that all discussions with Microsoft have come to an end with no deal of any kind being forged.
New York Times and CNBC Contributor David Pogue on Samsung's Instinct, a smartphone rival to the iPhone.
A key bill suffered a setback in Congress today. Here’s how it affects you.
Stocks tumbled Wednesday as oil's resurgence lit the fuse of inflation fears, pushing the Dow to a three-month low. Oil jumped about $5 a barrel, settling at $136.38. Financials were the hardest hit.
In this era of web 2.0 nothing is sacred, EVERYTHING is public, and pretty much anyone can be a laptop voyeur into everything from your neighbor's tax bill to your friend's holiday bonus. Zillow.com transformed the way people think about real estate...
I won't post all of the missives questioning the treatment of a "virus," as I had reported, with antibiotics since we all know that you treat a bacterial infection with those drugs, and not a virus.
Stocks fell sharply as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped about $6.
European shares fell on Wednesday as bank stocks sank on both sides of the Atlantic -- notably Royal Bank of Scotland in Europe -- and as high oil prices stoked fears of rising inflation and slower growth.
When Jobs did arrive for my interview, I, like many of you, was immediately struck by his appearance. He was smiley, cordial, forthcoming, engaged with his usual piercing eye-contact. Let's face it, he's a terrific interview.
When will Wall Street wake up to the growth potential these stocks offer?
Stocks opened lower as oil's resurgence fanned inflation fears and a downgrade on Alcoa dragged on the Dow. Oil jumped nearly $3, topping $134 a barrel.
Plus, what happened to your crusade against the uptick rule?
Donaldson is not in an exciting business. But who cares as long as the stock makes you money?
Cramer makes the call on viewers' favorite stocks.
Stocks sagged Tuesday as traders mulled over Fed comments about strongly resisting inflation. What's the "Word on the Street?"
Stocks struggled to hold gains Tuesday as bank stocks rallied but comments from Bernanke hung over the market like a cloud. Oil dropped more than $3 to settle at $131.31 a barrel.