|
Will stocks brake for $60-plus oil?
|
| How long stocks can rise in the faceof record high oil prices will be the burning question forinvestors this week. |
|
| Updated |
Jun 19, 2005 20:06:00 |
| Rating |
0 | | Author | Reuters |
|
|
| Other author's news: | - Credit Suisse to Integrate Units - Credit Suisse will fully integrate itsinvestment bank Credit Suisse First Boston with the rest of itsbanking business, the Swiss group said on Tuesday, as it setambitious earnings targets for 2007.
- TV, Online Units Fuel Playboy Profit - Playboy Enterprises Inc. onWednesday reported a better-than-expected quarterly net profit,helped by strength at its television and online operations thatovercame lower results at its flagship magazine.
- Barclays first half profit rise boosts shares - British bank Barclays Plc postedfirst-half profit ahead of forecasts on Friday as revenuegrowth more than made up for rising bad debt charges, sendingits shares up.
| | Show all author's news |
| Similar news: | - Oil blamed as consumers put brake on US - A HEAVY toll on US consumer spending from surging oil and fuel prices was blamed yesterday for a sharp slowdown in the American economy in the second quarter.
- Oil crisis puts brake on Europe's recovery - Europe's fragile recovery is being held back by the surge in world oil prices, which is limiting growth and threatening to stop key eurozone economies from restoring order to their public finances, analysts say.
- Stocks may brake for jobs data - Look for U.S. stocks to drift higherthis week as optimism about the economy and earnings continues.But key data on the employment picture, auto and retail salescould trip up the market's momentum.
| | Find all news similar on Will stocks brake for $60-plus oil? |
|