Wall Street headed for a big drop on Monday, one that could hurl the Dow Jones industrials below 7 000, after AIG posted a ,7-billion loss.
No image available
/ 27 February 2007
Wall Street fell sharply in early trading on Tuesday, joining a global stock decline on growing concerns about slowing economies in the United States and China. Worries that US stocks are about to embark on a major correction fed the drop, which took the Dow Jones industrials down more than 120 points.
No image available
/ 7 February 2006
Oil prices slipped on Monday as traders took profits after prices surged on fears that Iran might halt oil exports and after a cold front in the north-east United States was milder than expected. Light, sweet crude for March delivery fell by 26 cents to settle at ,11 a barrel on Monday on the New York Mercantile Exchange.