Monday, January 07, 2008
U.S. stocks drop as early rally on oversold conditions fades
JAN 7, 2008
U.S. stocks drop as early rally on oversold conditions fades
U.S. stocks drop as early rally on oversold conditions fades
U.S. stocks on Monday retreated from an initial bid higher, losing
traction amid a dearth of news to keep the equities higher. .
Investors seeking control of CNet: report
A group of investment funds has reportedly acquired a 21% stake in the
online media company CNet Networks and is seeking to take over the
company's board.
Futures Movers: Crude oil declines 2% on economic concerns
Crude-oil futures decline 2%, as traders lock in gains amid lingering
worries that a worsening economic slowdown could lower U.S. oil demand.
Gates bids farewell to tech gathering
LAS VEGAS
Bill Gates took the opportunity in his latest keynote address at the
annual Consumer Electronics Show on Sunday to bid an early farewell to
the industry.
