by | Feb 24, 2011 | Towing
Gold bugs love bad news, and civil war in Libya, Africa’s third-largest oil producer, couldn’t have come at a better time. After dropping a hundred bucks in January, February’s upheavals have pushed gold back within striking di…
by | Feb 23, 2011 | Towing
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 …
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…
by | Feb 22, 2011 | Towing
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 …
by | Feb 18, 2011 | Towing
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 …