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Stocks closed down, although off the lows of the day, as tech stocks dragged down the market amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel sank, while McDonald's gained.
Stocks eased losses in the final hour of trading, although remained lower, as tech stocks fell particularly hard amid high oil prices and continued turmoil in the Middle East. Alcoa and Intel fell, while 3M rose.
California only has a short amount of time to fix its troubled economy, with a $24 billion dollar budget deficit, or else it will deteriorate to the point of no return and enter 'the black hole', Sean Egan, founding partner and president of Egan-Jones Rating company, told CNBC on Monday.
Stocks extended losses amid volatility in oil prices, and as technology stocks slumped. Disney and Alcoa fell, while Exxon rose.
U.S. stock index futures pointed to a slightly higher open for Wall Street Monday, despite surging crude oil prices and a volatile-early morning trading session in Europe.
France's Sanofi-Aventis says it will extend its cash buyout offer for Genzyme until next month, as part of its agreed $20.1 billion takeover of the U.S.-based specialty drugmaker.
Since getting sober more than two decades ago, Tom Arnold, the actor and comedian, has been a quiet force in Hollywood’s recovery community, helping stage a number of interventions for drug-addicted executives and alcoholic stars, the New York Times reports.
Likely motivated by equal parts love and admiration and morbid curiosity, fashion insiders descended Sunday on a tony Paris townhouse to see what could very well be the last ever collection by John Galliano.
Stocks edged slightly higher for the week amid wild daily swings, including on Friday, as the markets climbed back in the final minutes of the session to pare losses for the day nearly in half.
Stocks shrugged off a handful of robust economic reports to extended losses Friday as oil prices surged amid increased violence in Libya.
US stock index futures lost ground after initially rising on the news of strong job gains in February.
Stocks ended sharply higher after rallying throughout the session Thursday as an upbeat report on jobless claims and falling oil prices led investors to retrace losses from earlier in the week ahead of a key jobs report on Friday. Caterpillar and Bank of America gained.
Stocks rallied more than 1 percent across the board Thursday, fueled by a handful of upbeat economic news and as oil prices declined amid talks of a peace plan in Libya.
With data from the Energy Information Administration (EIA), a division of the Department of Energy, CNBC.com took a look at the countries that produce the most crude oil on a daily basis.
Stock index futures added to gains Thursday after the government reported an unexpectedly large drop in jobless claims.
Stocks lost ground in the final minutes of trading but still showed resilience after Tuesday's sharp sell-off to end with modest gains, even as oil prices climbed above $100 a barrel. Caterpillar and 3M gained, while JPMorgan fell.
Stocks lost ground just before the close but largely showed resilience after Tuesday's sharp sell-off and held modest gains ahead of the close, even as oil prices climbed above $100 a barrel. 3M and Caterpillar rose, while JPMorgan fell.
Stocks turned negative as oil prices climbed back above $100 a barrel on news of Libyan air strikes, and as Federal Reserve Chairman Ben Bernanke spoke before Congress for a second day. Boeing and McDonald's fell, while 3M rose.
Hamstrung by shrinking budgets, the police say the volunteers are indispensable in dealing with low-level offenses and allow sworn officers to focus on more pressing crimes and more violent criminals. The New York Times reports.
U.S. stock index futures slipped slightly lower despite a stronger-than-expected report on private sector jobs as tensions in the Middle East and rising oil prices continued to weigh on stocks ahead of more Congressional testimony from Federal Reserve Chairman Ben Bernanke.