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  • S&P 500 slips as crude oil sinks

    Specialist Michael Gagliano, left, who handles energy stocks, works with traders on the floor of the New York Stock Exchange, Friday, Nov. 28, 2014. U.S. stocks indexes were mixed in early trading, as tumbling oil prices weighed on shares of Exxon Mobil, Chevron and other oil and gas giants. Airlines, however, made gains. (AP Photo/Richard Drew)NEW YORK (AP) ? A sharp drop in crude prices tugged down shares in oil and gas companies on Friday, leading the Standard & Poor's 500 index to a slight loss in a short trading session.


  • Halliburton and Macy's big market movers
  • S&P 500 ends lower as oil slump hits market

    Traders Michael Smyth, left, and John Panin work on the floor of the New York Stock Exchange, Friday, Nov. 28, 2014. U.S. stocks indexes were mixed in early trading, as tumbling oil prices weighed on shares of Exxon Mobil, Chevron and other oil and gas giants. Airlines, however, made gains. (AP Photo/Richard Drew)NEW YORK (AP) ? U.S. stocks are ending mostly lower as falling crude prices weigh on the market in a holiday-shortened session.


  • Wall Street ends mostly flat, energy names weigh

    Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New YorkU.S. stocks ended a holiday-shortened session mostly flat on Friday as a massive decline in the energy sector offset strength in consumer names. The Dow Jones industrial average rose 2.28 points, or 0.01 ...


  • Standard Chartered hit with first S&P downgrade in 20 years

    People queue up outside a Standard Chartered Bank branch before operation hours at the central business district in SingaporeLONDON (Reuters) - Ratings agency Standard & Poor's (S&P) cut its credit rating on Standard Chartered for the first time in 20 years on Friday, citing the "tough period" the Asia-focused bank was going through and its weaker credit-worthiness. S&P cut its long-term issuer credit rating on Standard Chartered Plc to 'A' from 'A+', with a negative outlook -- a move that could make it more expensive for the bank to borrow money. It was S&P's first downgrade since it assigned Standard Chartered a rating in 1994, which was followed by upgrades in 1995, 2006 and 2011. ...


Quote of the Day

Human beings can alter their lives by altering their attitudes of mind. - WilliamJames




Today's Word

malthusian

Relating to the view that population increases faster than its means of subsistence resulting in disaster, unless population is checked by natural calamities or by people exercising control and having fewer children.



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