Dow Jumps 124 Points as Oil Dips and Bank Stocks Rally

by | Mar 8, 2011 | Towing

After a rough opening session on Monday, stocks rebounded sharply on Tuesday. The Dow enjoyed a triple-digit gain after oil prices eased and bank shares bounced higher on the possibility of further dividend payouts and share bu…

Stocks Plunge and Oil Spikes on Libya Turmoil

by | Feb 22, 2011 | Towing

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 did…