Stocks decline as AIG reveals need for cash, oil surges
(AP)
AP - Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week.
AIG's loss and record oil sour mood on Wall St
(Reuters)
Reuters - Stocks fell on Friday as the price of
oil set another record and concerns about the financial sector
flared up again after American International Group Inc
reported a massive loss.
European equities sapped by runaway oil prices
(AFP)
AFP - European stock markets fell sharply on Friday as record high crude prices above 125 dollars per barrel hurt oil-exposed airlines and heightened concerns about inflation and rising costs, dealers said.
Time Is Prime Driver With Mutual Funds
(Investor's Business Daily)
Investor's Business Daily - Buying a mutual fund is a different game than buying a stock.
Fortress posts loss, stock price falls
(Reuters)
Reuters - Fortress Investment Group LLC
reported a quarterly loss on Thursday and its share price fell
sharply after its hedge fund business suffered in turbulent
market conditions.
Nasdaq first-quarter profit surges on boost from OMX buyout
(AP)
AP - Nasdaq OMX Group said Thursday that its quarterly profit surged in its first combined reporting period that included Sweden's OMX stock exchange.
Japanese shares fall on inflation fears; Nikkei sheds 159
(AP)
AP - Japanese shares sank Thursday on profit-taking and renewed fears over inflation in line with soaring global oil prices.
Inflation, rate fears push Wall St to lower close
(Reuters)
Reuters - U.S. stocks ended lower on Wednesday,
with all three major indexes down more than 1 percent, on
concerns about inflation and higher interest rates as oil
jumped to a record above $123 a barrel.
Canadians hoarding cash, not investing: study
(AFP)
AFP - Nervous Canadians are sitting on a record 45 billion dollars in cash instead of investing it, fearing volatility in stock markets, a Canadian bank said Wednesday.
NYSE Euronext profit triples on higher volumes
(AP)
AP - NYSE Euronext said Tuesday its profit more than tripled in the first quarter, reflecting the addition of Euronext NV's activities to those of the parent of the New York Stock Exchange last year and higher trading volumes.
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The Market Now - January 24
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - January 25
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - January 28
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - January 29
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - January 30
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - January 31
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - February 1
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - February 4
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - February 5
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
The Market Now - February 6
SmartMoney.com editors deliver a wrap-up of the day's market activity and news.
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