Stocks Plunge and Oil Spikes on Libya Turmoil

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…

Wall Street Is Bracing for a Rocky Week

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 …

Stocks Keep Rolling for Another Weekly Gain

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 …

Coke Takes the Fizz out of Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway liquidated its positions in a number of high-profile companies during the fourth quarter, but the Oracle of Omaha has hung on to his huge stake in Coca-Cola. And Coke’s nearly 4% drop is a we…

Mubarak Steps Down, and Stocks Go Up [Video]

The embattled Egyptian president’s resignation lifted a cloud worldwide, and investors responded. More encouraging economic news also helped equities on Friday as the consumer sentiment index rose to a slightly better-than-expe…