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…
It was a rough (even if short) week on Wall Street. But at least the Dow ended higher after losing more than 300 points in the previous three days. Some month-end bargain-hunting also helped stem the slide. [Video]
…
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 …
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…
Brent crude traded at $107.68 today as West Texas crude prices moved to $94.24. Oil prices don’t immediately transfer to gasoline pump prices, but they surely have an impact as crude moves through refineries into finished produ…