BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Closing Bell: Oil surge drowns equities]]>http://www.bloggingstocks.com/2008/05/05/closing-bell-oil-surge-drowns-equities/http://www.bloggingstocks.com/2008/05/05/closing-bell-oil-surge-drowns-equities/http://www.bloggingstocks.com/2008/05/05/closing-bell-oil-surge-drowns-equities/#commentsFiled under: , , , , ,

Maybe it was tightening bank standards, maybe it was strong business orders for the services sector. Or, maybe it was a big hike in oil prices back to the $120 mark. Stocks took it on the chin today. Below are the unofficial closes for the major US index readings:
  • DJIA 12,968.97 (-89.23; -0.68%)
  • S&P500 1,407.48 (-6.42; -0.45%)
  • NASDAQ 2,464.12 (-12.87; -0.52%)
  • 10YR-TBond 3.845% (unch.)
  • 52-WEEK LOW CLUB
Yahoo! Inc. (NASDAQ: YHOO) traded much lower, bringing Wall Street down after Microsoft Corporation (NASDAQ: MSFT) withdrew its $43.7 billion bid to acquire Yahoo Saturday. Shares fell 15% to $24.37.

Continue reading Closing Bell: Oil surge drowns equities

Closing Bell: Oil surge drowns equities originally appeared on BloggingStocks on Mon, 05 May 2008 16:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aircastle limitedAircastleLimitedamerican technology researchAmericanTechnologyResearchdeutsche telekomDeutscheTelekomt-mobileMon, 05 May 2008 16:20:00 EST