Madlen Read
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/ 27 February 2007

Wall Street plummets on Chinese stocks news

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.

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/ 7 February 2006

Oil prices fall as traders take profits

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.