Solid employment data failed to extend Wall Street's rally Friday as renewed interest rate concerns spurred profit-taking and left stocks mixed.
The average price of a gallon of self-serve regular gasoline in the Los Angeles area declined for a third week although at slower rate, dropping 2.3 cents to $3.321 for the week ended June 5.
Stocks fluctuated Monday as commodities prices fell sharply and discount retailer Target Corp. reported a weaker-than-expected profit.
Investors cheered by management changes, a new round of merger deals and a drop in oil prices sent stocks higher Monday.
Wall Street ended an aimless session barely lower Thursday after investors shrugged off comments about productivity by Federal Reserve Chairman Ben Bernanke.
Investors concerned over erratic oil prices and a slowing economy sent stocks lower despite strong earnings from Cisco Systems Inc. and the Federal Reserve's pause in raising interest rates.
CarParts.com Inc. posted strong third-quarter results driven in part by a pandemic-fueled shift in consumer behavior.
Stocks fell on Wednesday as surging oil prices offset remarks by Federal Reserve Chairman Alan Greenspan that signaled no change in interest-rate policy.
Stocks ended mixed on Thursday as concern over higher oil prices continued to worry investors, while media shares got a lift after Viacom Inc. said it is considering splitting into two separate companies.
Stocks ended the day slightly higher Monday as oil prices hovered near $66 a barrel in spite of lower-than-expected damage estimates from Hurricane Rita.
Stocks rose as investors sought out bargains after last week's selloff and disappointing financial-sector earnings raised concerns about corporate profits.
Stocks ended the session mixed Tuesday after Fed Chief Alan Greenspan said the economy has weathered the oil price surge "reasonably well" and consumer confidence suffered its biggest drop in 15 years.
Wall Street showed resilience Friday, with the major market indices standing their ground even as oil prices settled at a new high and raised concerns about inflation.
Stocks ended higher on Thursday, as merger activity gave the tech sector a lift, offsetting a report about higher labor costs that sparked worries about inflation and further interest-rate hikes.
Stocks slid lower Thursday, weighed down by disappointing earnings from Amazon.com Inc. and a report showing low productivity gains from workers.
Stocks finished mixed on Monday as investors reacted to a management shakeup at Boeing Co. while tech shares rose on a higher profit outlook from Qualcomm Inc. and crude oil prices hovered near $54 a barrel.
Stocks closed higher Thursday, as investors focused on a drop in unemployment claims, a narrower U.S. trade deficit in December and a rise in exports.
Oil prices that topped $55 per barrel pressured stocks Thursday, leaving the major indexes mixed despite upbeat retail sales and strong economic news.
Media & Entertainment
James Murdoch leads 21st Century Fox, which holds a portfolio of cable, broadcast, film, pay-TV, and satellite assets.
Stocks rose slightly on Monday after a wave of big mergers seemed to offer some comfort for investors and oil prices moved back from a six-week high.