Fri, Jun 26th, 2009
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Stocks languished yesterday, closing nearly flat, as investors locked in profits for the week and remained cautious about the economic recovery.
After surging 2 percent Thursday, the blue-chip Dow Jones industrial average was down 0.4 percent, or 34.01 points, to close at 8438.39. The broader Standard & Poor's 500-stock index was also flat, losing 0.1 percent, or 1.36 points, to close at 918.90.
Related stories from top sites:
Stocks Fall as Jobs Report Dampens Recovery Hopes
Jun 23rd, 2009 - Washington Post
Wall Street closed the week with a sharp decline yesterday after a weak labor report stoked investor concerns of a prolonged recession. The market losses were broad-based...
US Stocks Decline After Opening Bell;DJIA Off 46 Pts
Jun 23rd, 2009 - Wall Street Journal
New economic data offered investors some promise on Friday, but not enough to keep the previous session's rally going. The Dow Jones Industrial Average slipped 46 points to 8435, a disappointing follow-up to its 172-point surge on Thursday...
Stock futures slip ahead of personal spending data
Jun 23rd, 2009 - WTOP.com
NEW YORK (AP) - An increase in personal spending is doing little to reassure the market. Stock futures are fluctuating after the Commerce Department reported a 0.3 percent rise in May spending, as expected...
OIL FUTURES: Crude At $70/Bbl On Nigeria, Econ View
Jun 23rd, 2009 - Wall Street Journal
(Adds Brent settlement price) NEW YORK (Dow Jones)--Crude oil futures regained the $70-a-barrel mark Thursday, boosted by a supply outage in Nigeria and positive spillover from equity markets. Light...
Oracle's Earnings: A Good Omen For Tech?
Jun 23rd, 2009 - BusinessWeek
Wall Street took heart from a report showing better-than-expected earnings from Oracle (ORCL), the Silicon Valley software giant. Technology stocks have been on a roll this spring...
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