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Stocks fell again on Wednesday, and oil prices briefly crossed the $100-a-barrel mark after violence escalated in Libya. Oil traders are spooked about the possible spread of turmoil. Tech bellwether HP’s disappointing outlook also hurt.

Continue reading Stocks Fall and Oil Gains for Second Day on Libyan Violence

Stocks Fall and Oil Gains for Second Day on Libyan Violence originally appeared on DailyFinance on Wed, 23 Feb 2011 16:30:00.

Filed Under: Energy, Economy, Investing, Hewlett-Packard, Home Depot, Exxon Mobil, Chevron, Market News

The Dow suffered a steep triple-digit loss Tuesday as turmoil in Libya ignited a global sell-off in stocks. Oil prices rose sharply, as did safe-haven assets such as Treasurys and the dollar. Disappointing news from Walmart didn’t help matters.

Continue reading Stocks Plunge and Oil Spikes on Libya Turmoil

Stocks Plunge and Oil Spikes on Libya Turmoil originally appeared on DailyFinance on Tue, 22 Feb 2011 16:20:00.

Filed Under: Energy, Economy, Investing, Earnings, Bank of America, Wal-Mart Stores, Market News

Deadly clashes in Libya sent shockwaves through various markets yesterday, setting the stage for more turbulence in the sessions ahead. Gold and oil have already spiked higher on world markets, and U.S. investors will also see some major earnings and economic reports.

Continue reading Wall Street Is Bracing for a Rocky Week

Wall Street Is Bracing for a Rocky Week originally appeared on DailyFinance on Tue, 22 Feb 2011 06:30:00.

Filed Under: Energy, Economy, Investing, Earnings, Hewlett-Packard, Home Depot, Wal-Mart Stores, Stocks in the News, Market News

Stocks closed broadly if modestly higher Friday on light volume as traders avoided making any big bets ahead of a long holiday weekend. The equity markets closed up for the third straight day and extended their winning ways to a third consecutive week.

Continue reading Stocks Keep Rolling for Another Weekly Gain

Stocks Keep Rolling for Another Weekly Gain originally appeared on DailyFinance on Fri, 18 Feb 2011 16:20:00.

Filed Under: Economy, Investing, Campbell Soup Company, Stocks in the News, Market News, Caterpillar

The embattled Egyptian president’s resignation lifted a cloud worldwide, and investors responded. More encouraging economic news also helped equities on Friday as the consumer sentiment index rose to a slightly better-than-expected reading for February. [Video]

Continue reading Mubarak Steps Down, and Stocks Go Up [Video]

Mubarak Steps Down, and Stocks Go Up [Video] originally appeared on DailyFinance on Fri, 11 Feb 2011 16:30:00.

Filed Under: Economy, Investing, Earnings, NYSE, Video, Market News