Markets
-
Surprise drop in housing data checks market's rise
May 18, 2009 11:00 pm - NEW YORK -- A record low in housing construction has investors doubting the economy again. Stocks closed narrowly mixed in light trading Tuesday as the surprise drop in ...
-
Crude prices top $60, then dip on housing data
May 18, 2009 11:00 pm - COLUMBUS, Ohio -- Energy prices gave up early gains Tuesday with new data suggesting that any economic rebound that might spark demand for gas or other fuels may take so...
-
World stocks rally on hopes for economic recovery
May 18, 2009 11:00 pm - LONDON -- World stocks rose Tuesday as upbeat news about U.S. housing and banks and a sharp improvement in German investor sentiment suggested the world economy was head...
-
Energy prices bounce back ahead of holiday
May 18, 2009 11:00 pm - SIOUX FALLS, S.D. -- Energy prices resumed their climb into summer driving season Monday, a show of confidence that Americans will overlook dismal economic news as they ...
-
Oil rose above $57 amid weak crude demand
May 17, 2009 11:00 pm - Oil prices rose above $57 a barrel Monday as traders considered whether last week's push to above $60 was justified amid signs of weak crude demand. Attacks on oil facil...
-
Stocks jump on renewed optimism on housing, banks
May 17, 2009 11:00 pm - NEW YORK -- Reassuring news about housing and banking on Monday convinced investors to return to the stock market. The Dow Jones industrial average shot up 235 points, i...
-
World stock gains limited by weak European data
May 14, 2009 11:00 pm - LONDON -- World markets were mostly higher Friday, although gains in Europe were limited by more dismal economic data showing the euro zone's economy shrank by a massive...
-
Stocks slide in cautious trading after rally
May 14, 2009 11:00 pm - NEW YORK -- Investors moved more money out of stocks Friday, further chilling the market's spring rally. Stocks extended the week's losses as traders accustomed to econo...
-
May rally for energy prices stalls
May 14, 2009 11:00 pm - NEW YORK -- Rapidly climbing energy prices stalled this week as a steady stream of dismal financial news suggested that even if the global economy has bottomed out, it w...
-
Europe edges up, Asia down after US data
May 13, 2009 11:00 pm - LONDON -- European stock markets barely rose Thursday after big losses the day before on disappointing U.S. retail figures, while Asia succumbed to a heavy bout of selli...