Markets
-
Global stock rally continues ahead of G-20 summit
Mar 12, 2009 11:00 pm - LONDON -- The rally in world stock markets continued Friday as confidence remained buoyed by some signs of a stabilization in U.S. consumer spending and hopes of fresh s...
-
Wall Street rallies on hopes of relief for banks
Mar 11, 2009 11:00 pm - NEW YORK -- Wall Street rallied strongly for a third straight day on Thursday as hopes for relief for banks sent financial shares higher, bringing the rest of the market...
-
Oil spikes on rumors of Russian oil cuts
Mar 11, 2009 11:00 pm - NEW YORK -- Oil prices spiked 11 percent Thursday as rumors swirled that Russia, which vies with Saudi Arabia as the world's largest oil producer, would join OPEC in sla...
-
Bank shares help world markets extend rally
Mar 10, 2009 11:00 pm - LONDON -- European and Asian stock markets were mostly higher Wednesday as sentiment remained relatively well-supported by upbeat comments from Citigroup's chief executi...
-
Oil prices slump on pessimistic outlook
Mar 10, 2009 11:00 pm - NEW YORK -- Oil prices tumbled more than 7 percent Wednesday as U.S. inventories swelled with surplus crude and traders started to doubt whether OPEC would cut productio...
-
Stocks extend gains into second day
Mar 10, 2009 11:00 pm - NEW YORK -- Investors struggled but managed to turn Wall Street's best performance this year into a two-day advance. Stocks ended with modest gains Wednesday but the Dow...
-
Oil falls on lower demand forecast
Mar 09, 2009 11:00 pm - COLUMBUS, Ohio -- Crude, gasoline and other fuel prices tumbled Tuesday after the government again lowered its forecast for global energy demand and said average oil pri...
-
European markets buoyed by Citigroup hopes
Mar 09, 2009 11:00 pm - LONDON -- European stock markets rallied Monday on hopes that the worst may be over for Citigroup Inc. after a leaked memo from the company's chief executive Vikram Pand...
-
Stocks close higher on Citigroup profit news
Mar 09, 2009 11:00 pm - NEW YORK -- Wall Street has had its best day of the year, storming higher after some good news from Citigroup. Citigroup Inc. says it operated at a profit during the fir...
-
Street proves it's rally-proof after merger news
Mar 08, 2009 11:00 pm - NEW YORK -- Investors fixated on the faltering U.S. economy brushed off the type of merger news that normally starts rallies. Wall Street closed down more than 1 percent...