Blue Chips Slump The Dow industrials finished in the red for the seventh time in nine sessions, as mixed earnings curbed sentiment ahead of Friday’s reading on jobs. MarketBeat: Facebook Juices Tech Sector MarketBeat: Bernanke Pulls Treasurys Both Ways Crude Settles at Six-Week Low
Archive for February 2nd, 2012
Rise in US oil stocks extends Brent-WTI spread
February 2, 2012
The price difference between the world’s two leading oil benchmarks traded at its widest in 11 weeks as West Texas Intermediate lost ground against Brent on concerns about higher stock building in the …
Stocks Trade Mixed; Alcoa Gains, Pfizer Slips
February 2, 2012
Stocks wavered in a narrow range Thursday, following an encouraging jobless claims report, but gains were limited as a handful of mixed earnings results and Bernanke’s lackluster testimony on the economy weighed on sentiment.
US stocks flat after mixed economic data
February 2, 2012
Mixed reports on retail sales and unemployment left stocks little changed Thursday, a day ahead of a closely watched government overview of the American job market in January.
U.S. Stocks Take Breather
February 2, 2012
U.S. Stocks Take Breather U.S. stocks bobbed near the flat line as investors weighed a better-than-expected reading on weekly jobless claims against a mixed bag of quarterly earnings.
Stocks drift higher as Bernanke speaks
February 2, 2012
U.S. stocks edge higher as Federal Reserve chair Ben Bernanke says the recovery is ‘frustratingly slow.’ Greek debt talks progress, but no deal has been announced.
Energy Stocks: Tidewater leaps, Shell down as energy stocks rise
February 2, 2012
Energy stocks up as investors digest a slew of profit updates