| 151. |
Stocks decline as AIG reveals need for cash, oil surges
Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week.
10 May 2008 |
| 152. |
Gas jumps above $3.67, oil passes $126 on Venezuela concerns
Oil rose above $126 a barrel for the first time Friday, bringing its advance this week to nearly $10, as investors questioned whether a possible confrontation between the U.S. and Venezuela could cut exports from the OPEC member. Gas prices, meanwhile, rose above an...
10 May 2008 |
| 153. |
Oil approaches $125 per barrel
Oil prices struck record highs near $125 as investors dumped more money into commodities. Light, sweet crude for June delivery rose $1.24 Friday to $124.93 a barrel in electronic trading on the New York Mercantile Exchange near midday in Europe...
09 May 2008 |
| 154. |
Oil holds above $120 a barrel on supply worries
Oil futures held steady above $120 a barrel Tuesday in Asia after surpassing that mark for the first time in the previous session on threats to supply and a weakening of the U.S. dollar.
07 May 2008 |
| 155. |
Oil nears $120 on supply concerns
Oil prices hit an all-time high near $120 a barrel Monday after a weekend refinery strike closed a pipeline system that delivers a third of Britain's North Sea oil to refineries in the U.K.
28 Apr 2008 |
| 156. |
Oil prices rise after Nigeria pipeline attack
Oil prices rebounded Friday from the previous session's steep drop, fueled by supply concerns after a Nigerian militant group reported that it sabotaged another oil pipeline.
25 Apr 2008 |
| 158. |
US stocks rise as Street parses earnings, oil gyrates
Boeing, one of the 30 stocks that comprise the Dow Jones industrial average, reported a 38 percent jump in first-quarter earnings. The airplane manufacturer's results, along with stronger-than-anticipated forecasts at chip makers Broadcom Corp. and Anadigics Inc., appeared to buoy investor sentiment about the first-quarter earnings season.
24 Apr 2008 |
| 160. |
Stocks decline as oil rises, Street examines earnings
Wall Street pulled back Tuesday, with the Dow Jones industrials tumbling more than 100 points as a rush of quarterly results from bellwethers like AT&T Inc., DuPont and McDonald's Corp. failed to impress investors. Oil prices also reached fresh highs, raising concerns about inflation.
23 Apr 2008 |
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