Stocks Fall as Oil Prices Rise and Tech Weighs

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…

Week in Preview: Retail Sales, Consumer Credit, Earnings

Yes, the unemployment rate sank below 9% in February, but the investors didn’t seem to be impressed by that report. They’re expected to focus this week on government data regarding consumer credit, some retail earnings and who…

Asian Shares Climb, HSBC Snags Pre-Earnings Report Gains

In Hong Kong HSBC shares rose 1.5% before the company’s announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% a…