Summary Box: Stocks retreat from last week's rally (AP)
00:45
zhbjzhql
, Posted in
PULLBACK: Stocks pulled back as traders retreated from a rally that brought indexes to their highest levels since the peak of the 2008 financial crisis last week. The Dow Jones industrial average fell 37 to close at 11,406.
GOLD HITS $1,400: Gold crossed $1,400 an ounce to another record as traders looked for safe places to park money.
DOLLAR PAIN: The dollar rose 0.5 percent against an index of currencies. That hurt companies with a lot of business overseas, since a stronger dollar makes their products more expensive in other countries.
You can leave a response, or trackback from your own site.
0 Response to "Summary Box: Stocks retreat from last week's rally (AP)"
Post a Comment