Tuesday, May 20, 2008

Dow off 199 as crude oil soars

Crude jumps over $129 a barrel after Boone Pickens predicts $150 oil is near. Home Depot and Target both report profit declines. Core inflation at the wholesale level rises more than expected. Chip and financial stocks continue to slump.

Home Depot, Target results show retail gloom

Producer prices tame but gain in core vexes

DRYS 99.25 -5.75 -5.48%
FXI 152.40 -6.55 -4.12%
FSLR 299.06 +3.16 +1.07%
AAPL 185.90 +2.30 +1.25%

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