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 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 | Jan 24, 2011 | Towing
Stocks closed sharply higher Monday with the Dow Jones posting a triple-digit gain as technology stocks rallied after Intel raised its dividend and expanded its share buybacks by $10 billion. The index last saw 12,000 in June 2…
by | Jan 12, 2011 | Towing
Stocks closed broadly higher Wednesday after Portugal’s government had no trouble in tapping global debt markets, helping ease European debt fears. The euro gained at the dollar’s expense, which lifted a broad basket of commodi…