Wednesday, May 21, 2008

US Stocks stumble on record oil, inflation worries-

Wall Street stumbled Tuesday after oil prices spiked to a new record above $129 a barrel and a government report raised investors' concerns about the impact of inflation on consumer spending.

US closing

Dow 12,828.68 -199.48 -1.53%

Nasdaq 2,492.26 -23.83 -0.95%

S&P 500 1,413.40 -13.23 -0.93%

No comments: