BIDU 273.64 +13.25 +5.09%
RTP 433.34 +3.96 +0.92%

FSLR 205.88 +7.77 +3.92%

DRYS 62.72 -5.10 -7.52%

ISRG 274.38 +7.21 +2.70%

Euro hits record vs dollar as Fed euphoria fades

More pain expected before credit market recovery


S&P 500 turns lower, telecoms and financials drag

Market rally fades as oil tops $110

Dollar index tumbles to record low

3/12/2008 1:40 PM

Stocks slip on rethink of Fed plan, oil over $110

Stocks fell on Wednesday as optimism receded about the Federal Reserve's latest initiative to ease credit market strains, while a jump in oil prices to a record above $110 a barrel raised fears of further strains on corporate profits