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| | | ... ended lower on Wednesday, sending Wall Street to its biggest one-day drop in nearly three weeks, as plunging gold and oil prices hit energy and mining shares. Based on the latest available data, the Dow Jones industrial average slid 293.00 points, or ... |
| | | | ... rates drop and demand for the Australian dollar falls as the high dollar has been insulating consumers from record oil prices which now seem stuck well above US$100 a barrel. The report by Sensis also found that what Australians worry about can change ... |
| | | | ... are a few cautious people around." Mr Muller said direction might be found in resources stocks on the back of higher oil prices and metals overnight. "Resources stocks like Rio Tinto will lead the market today but there is likely to be some profit-taking ... |
| | | | ... investment banking firm, Simmons & Company International, said the current highs of $US100 per barrel are "cheap". He said oil prices could top $US300 per barrel within the next five years And then we have electricity prices set to move upwards if coal ... |
| | | | ... cent on Tuesday as concerns about further losses at Citigroup weighed on the financial sector and a sharp pullback in oil prices dragged down energy shares. Federal Reserve Chairman Ben Bernanke warned that mortgage delinquencies and foreclosures were ... |
| | | | ... government finance estimates for the December quarter. NEW YORK - US stocks were little changed overnight with crude oil prices offsetting fallout from the housing market that weighed on financials. Financial shares led the losses in the S&P. An index ... |
| | | | ... commodities rally fuelled resource plays, and refiner Sinopec Corp leapt on talk it may receive government subsidies as oil prices test records. The benchmark Hang Seng Index ended up 0.44 per cent, or 107.85 points, at 24,591.69. WELLINGTON - Strong ... |
| | | | ... biggest US banks limited the broader market's advance. Energy companies' shares, including Exxon Mobil Corp, rose as oil prices remained above $99 a barrel after hitting record highs last week. In afternoon trade, the Dow Jones industrial average was ... |
| | | | The Australian stock market was lower at noon dragged down by the financial sector, lower oil prices and worsening US manufacturing data. At 1205 AEDT, the benchmark S&P/ASX200 index was down 69 points, or 1.24 per cent, at 5514.4 points while the broader ... |
| | | | The Australian stock market is expected to open lower as Wall Street lost ground on lower oil prices and manufacturing surveys showed slower activity. Base metal prices were stronger overnight in London, however, which could help cap losses today. At ... |
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