oil prices
Japanese government bond prices sink, eyes on oil
Posted June 2nd, 2008 by California Home LoanHONG KONG (Reuters) - Japanese government bond prices fell on Monday, extending last week's sell-off, as global inflation marches higher, while oil prices slipped to $127 a barrel and Asian stocks gained.
Probe of Crude Oil Trading Disclosed
Posted May 30th, 2008 by California Home LoanDuring continued volatility in oil prices, federal regulators said yesterday that they had been investigating crude oil trading, storage and transportation for the past six months with a focus on possible "futures market manipulation."
Stocks jump after decline in oil, GDP revision
Posted May 29th, 2008 by California Home LoanNEW YORK -- Stocks rose for the third straight session Thursday as oil prices fell sharply and the government reported that the economy grew last quarter at a faster pace than previously estimated.
Stocks higher after home sales data, lower oil
Posted May 27th, 2008 by California Home LoanNEW YORK -- Wall Street advanced in uneven trading Tuesday after a drop in oil prices and an unexpected gain in new home sales encouraged investors to put money back into the market.
Tech jump, oil drop lifts stocks; AMR skids late
Posted May 27th, 2008 by California Home LoanNEW YORK (Reuters) - Stocks rose on Tuesday, led by Apple Inc (AAPL.O) and other technology bellwethers, as investors bet that a sharp drop in oil prices will help shore up consumer and business spending.
Asia central banks prop up currencies
Posted May 27th, 2008 by California Home LoanSEOUL/SINGAPORE (Reuters) - Asian central banks moved to prop up falling currencies on Tuesday to help prevent surging oil prices from stoking inflation in economies bracing for a global slowdown.
Record oil fuels markets' worst week in 3 months
Posted May 23rd, 2008 by California Home LoanStocks advance after two-day plunge; oil declines
Posted May 22nd, 2008 by California Home LoanNEW YORK -- Wall Street steadied itself Thursday after two sessions of steep declines, rebounding moderately as oil prices stepped back from their frenetic upward run.
Oil races above $135, stocks and bonds shudder
Posted May 22nd, 2008 by California Home LoanHONG KONG (Reuters) - Skyrocketing oil prices at a record $135 a barrel on Thursday re-kindled fears of 1970s-style stagflation, pushing Asian shares down for a third straight day and pinning the dollar near 1-month lows against the euro.
Stocks tumble on $134 oil, Fed meeting minutes
Posted May 21st, 2008 by California Home LoanNEW YORK -- Wall Street pitched lower for the second straight session Wednesday as record-high oil prices and a bleak economic assessment from the Federal Reserve deepened investors' worry about rising costs and a shaky employment picture. The Dow Jones industrial average fell 227 points, logging its widest two-day loss since late February.