Archive for June, 2008

Oil Spike, Inflation Talk Hurt Stocks

Oil Spike, Inflation Talk Hurt Stocks

Wall Street Journal4 hours ago

Another spike in oil prices and Federal Reserve warnings about the commodity’s likely impact on inflation weighed on stocks Tuesday.Lately , stocks zig as oil zags , as the cost of the commodity …

Wall Street index futures point lower

Wall Street index futures point lower

MarketWatch4 hours ago

LONDON ( MarketWatch ) – - The Federal Reserve’s renewed focus on inflation and a rebound by oil futures put pressure on US stock index futures , pointing to a lower opening on Wall Street Tuesday.Futures …

The Afternoon Report

The Afternoon Report

Wall Street Journal35 minutes ago

Oil prices were behaving themselves in Tuesday trading , but their elevated levels continued to send waves far and wide.One obvious effect was to bloat the US trade deficit for April.The Commerce …

London shares close lower as NY remains weaker; Tesco down after update UPDATE

London shares close lower as NY remains weaker; Tesco down after update UPDATE

Forbes1 hour ago

LONDON ( Thomson Financial ) – Leading shares closed lower as Wall Street remained weaker , with supermarket giant Tesco among the fallers after its first – quarter trading update.At close , …