Closing Bell: US Market

Wall St. cheers oil plunge

Reuters — Thu, 17 Jul 2008 21:39:03 +0000

U.S. stocks rallied sharply for the second straight session as a fall in crude prices eased economic jitters.

U.S. stocks soar, oil drops again

Reuters — Wed, 16 Jul 2008 20:45:01 +0000

A big drop in crude oil prices gives U.S. stocks a reason to rally.

Economic worries rock Wall St.

Reuters — Tue, 15 Jul 2008 23:59:06 +0000

Federal Reserve Chairman Ben Bernanke said the U.S. economy is facing "significant downside risks", which was not received well on Wall Street.

Bank worries offset Fannie rescue

Reuters — Mon, 14 Jul 2008 22:09:44 +0000

A highly-anticipated government rescue plan for Fannie Mae and Freddie Mac was downplayed as the third biggest bank collapse in U.S. history added to fears.

Stocks hit 2-year low

Reuters — Fri, 11 Jul 2008 21:54:07 +0000

U.S. stocks took a beating on Friday after new worries about the nation's top mortgage providers and oil's record high of $147 put investors in a foul mood.

Anxiety clouds rise at Fannie, Freddie

Reuters — Thu, 10 Jul 2008 21:37:19 +0000

Investor speculation about the future of home lending giants Fannie Mae and Freddie Mac grew worse as the credit crunch spreads.

Tanker bids reopened; US stocks slump

Reuters — Wed, 09 Jul 2008 22:09:23 +0000

The Pentagon reopened bidding on an aerial refueling tanker; stocks continue recent slide.

Oil down near $10 from peak

Reuters — Tue, 08 Jul 2008 21:55:30 +0000

Crude prices dropped more than $5 on Tuesday as Hurricane Bertha posed little threat to U.S. oil operations but gas prices are expected to remain high.

Banks, oil worry Wall St.

Reuters — Mon, 07 Jul 2008 22:17:40 +0000

U.S. stocks finished lower as a sharp drop in oil prices rocked energy shares and worries about Fannie Mae and Freddie Mac haunted the financials.

Dow jump boosted by oil

Reuters — Thu, 03 Jul 2008 21:36:48 +0000

Blue chips ended a holiday-shortened trading week with a strong finish after record oil prices lifted energy shares and a jobs report added little to economic jitters.