31 2007

Oil stocks close 2007 with a whimper; Rise 30% for the year

Tag: Markets, General @ 4:24 pm

SAN FRANCISCO (MarketWatch) - Energy equities paid a feeble goodbye to 2007, concluding another astonishing year with a retreat that took its cues from a 101-point drop by the Dow Jones Industrial Average. See Market Snapshot.


31 2007

Fed uncertainty, recession risk clouds picture for bond funds

Tag: Markets, General @ 4:24 pm

CHICAGO (MarketWatch) — Credit-market turbulence, interest-rate intrigue, record high oil and a deflated U.S. dollar made for a white-knuckle quarter that capped a volatile year for bond mutual-fund managers. Their jobs may not get any easier in 2008.


31 2007

Crude closes lower, but rises nearly 60% in 2007

Tag: Markets, General @ 1:20 pm

Crude-oil futures fell on Monday for a second session after a report showed sales of existing U.S. homes fell 20% in the past year, stirring concerns that oil demand from the world’s largest crude consumer may slow. Crude, however, ended the year up nearly 60%.


31 2007

Gold down first day in six on stronger dollar; ends year up 31%

Tag: Markets, General @ 1:20 pm

Gold futures fell on Monday for the first time in six trading sessions as the dollar rose against a basket of major currencies, reducing values of the precious metal as an investment alternative. Gold, however, ended the year up $200, or more than 30%.


31 2007

Treasurys extend gains in thin market on last day of 2007

Tag: Markets, General @ 1:20 pm

Treasury prices were higher Monday, shrugging off a slight rise in U.S. existing-home sales as stocks extended losses on the last day of 2007.


31 2007

Sector shares slip despite Google, IBM deal news

Tag: Markets, General @ 1:20 pm

Technology stocks found the going rough on the last trading day of the year, with reports of separate deals involving Google Inc. and IBM Corp. highlighting the sector’s Monday action.


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