Latest News in Stock Market and Investments – Feb 28, 2011
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Stocks start the week on a positive note
Stocks opened higher Monday morning, as investors welcomed a report showing a larger-than-expected increase in personal income and saving.
Government shutdown? Wall Street isn’t worried
The looming threat of a government shutdown isn’t causing investors to panic.
Oil prices retreat after spike
Oil prices fell Monday, retreating from recent highs, as investors continue to monitor the political movement in North African and the Middle East.
Stocks: Jobs take center stage
Investors will shift their focus this week to the U.S. job market, with the government’s all-important monthly report due at the end of the week.
Who gets rich off of $100 oil?
For consumers, the return of $100-a-barrel oil is nothing but bad news. But investors see an opportunity: They’re piling into unconventional energy stocks, betting that high oil prices could translate into big profits for some smaller U.S.-based oil companies.
Treasury yields continue to slide
Treasuries rallied a bit, sending yields further lower, as investors continued to fret about political unrest in Libya and rising oil and gas prices.
Oil prices have had a wild ride this week, surging nearly 9% since last Friday as investors reacted to the changing political dynamic across North Africa and the Middle East.
Stocks: Bull market has room to grow
Despite this week’s drubbing, the bull market still has room to grow, some analysts think.
Oil prices spike to $103, then drop back
Oil prices took a slight step back Thursday, but crude has seen a large runup this week as the political upheaval in Libya curtails production from the North African country.
Dollar sinks, Swiss franc strengthens on oil fears
The greenback suffered a wide retreat Thursday, as worries over spreading violence in the Middle East pushed oil prices in excess of $100 a barrel.
Stocks for the end of the oil panic
Think this week’s stock market rout is overdone? Then it’s time to load up on fertilizer, uranium and casinos.
It’s been a frustrating six months for Wall Street’s short sellers.
Stocks sink for second day as oil hits $100
Stocks declined for a second straight session Wednesday as oil prices surged to briefly cross the $100 per barrel mark amid mounting turmoil in Libya.
Oil briefly hits $100 – highest since 2008
U.S. oil prices briefly hit the $100-a-barrel for the first time in over two years Wednesday, as reports of Libyan oil production shutdowns swirled.
Stocks: Worst drop of the year
Libya’s escalating political crisis sparked a sharp sell-off in U.S. stocks Tuesday, with the three major indexes posting their biggest one-day drops of the year, as oil prices continued to skyrocket.
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February 28 2011 08:16 am | Stock Market News

