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…
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…
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 …
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….
The market suffered its biggest swoon since August last week as chaos swept Libya and oil prices hit multiyear highs. With the geopolitical landscape uncertain for the foreseeable future, don’t be surprised if stocks come under…