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…
by | Mar 7, 2011 | Towing
Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn’t help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel dow…
by | Mar 7, 2011 | Towing
Last week, oil’s ascent trumped a raft of healthy U.S. economic reports. With a relatively light slate of economic data scheduled this week, oil prices and political turmoil in the Middle East could play an even larger role in …
by | Mar 4, 2011 | Towing
During a volatile week, stocks bounced between Mideast turmoil and generally strong economic reports. Even with the jobless rate’s surprising drop, equities ended on a down note. Still, stocks eked out a tiny overall gain on th…
by | Mar 1, 2011 | Towing
The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….