Markets
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Oil tumbles on new inventory report
Mar 17, 2009 11:00 pm - NEW YORK -- Oil prices slumped Wednesday on a government report showing that crude and gasoline inventories are bulging with surplus supply. Benchmark crude for April de...
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Asia, Europe markets edge higher after U.S. rally
Mar 17, 2009 11:00 pm - SHANGHAI -- Most Asian and European markets rose modestly Wednesday after an overnight surge on Wall Street, while Tokyo shares were buoyed by fresh support for the wobb...
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Wall Street builds momentum on housing report
Mar 16, 2009 11:00 pm - NEW YORK -- Investors restarted Wall Street's rally Tuesday, buying financial and homebuilder stocks following a surprisingly upbeat report on home construction. Major m...
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Oil climbs with more traders seeing bottom
Mar 16, 2009 11:00 pm - COLUMBUS, Ohio -- Oil prices moved higher Tuesday to levels some traders interpreted as a sign that energy demand may have finally bottomed out. Benchmark crude for Apri...
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European stocks fall despite rallies in Asia
Mar 16, 2009 11:00 pm - LONDON -- World stock markets were mixed Tuesday as investors in Europe booked profits from recent rallies, while Asian indexes were boosted by banking stocks as fears a...
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Oil rebounds as OPEC keeps supply levels steady
Mar 15, 2009 11:00 pm - SIOUX FALLS, S.D. -- Oil prices rebounded from an early retreat Monday, as traders brushed aside OPEC supply-side issues and focused on higher stock prices. Benchmark cr...
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Stocks end down after 4-day rally
Mar 15, 2009 11:00 pm - NEW YORK -- Wall Street is ending lower as a gain in financial stocks fizzles and investors lock in profits. A retreat in stocks late in the session Monday comes after f...
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Financials lead stocks to best week since NovemberMar 14, 2009 11:00 pm - NEW YORK -- A sharp rebound in bank shares and easing worries about the economy pushed stocks to their best week since late November. The market shot up in one week as i...
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Oil prices fall on eve of OPEC meeting
Mar 12, 2009 11:00 pm - NEW YORK -- As the world's appetite for crude shrinks, OPEC is meeting in Europe to debate whether oil producers should tighten their spigots even more. On Friday, bench...
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Wall Street trims buying after big 3-day rally
Mar 12, 2009 11:00 pm - NEW YORK -- Traders eased off the "buy" button Friday after a massive three-day rally and hunted for clues about whether the market will continue to recover. Stocks most...