Wall St dives on record oil over $123
By Ellis MnyanduReuters Wednesday, May 7, 2008; 5:35 PM
NEW YORK (Reuters) - Stocks tumbled on Wednesday, on concerns about inflation and higher interest rates as oil jumped to a record above $123 a barrel.
Investors sold off shares of banks, home builders and companies dependent on consumer spending amid fears that rising prices will crimp demand and exacerbate fallout from the housing slump.
PCG again insists: Iran IS ‘the King of the South’
-
PCG booklet focused on Iran COGwriter The latest post at PCG’s Trumpet
website has the following from the August 2025 edition of its magazine:
Iran IS ‘t...
2 hours ago
No comments:
Post a Comment