Oil’s retreat not enough to sustain stock rally (AP)

Posted by admin on September 2, 2008 under News | Be the First to Comment

Oil’s retreat not enough to sustain stock rally (AP)

A tourist poses with the Charging Bull sculpture in Bowling Green park, near Wall Street, in New York, September 2, 2008. The bronze sculpture of a bull, which represents prosperous times, has become a symbol of the Financial District of New York and is a favorite tourist attraction. REUTERS/Chip East (UNITED STATES)AP – Wall Street succumbed to its ongoing angst Tuesday, giving up a sharp advance and turning moderately lower after falling oil prices failed to calm the market’s nervousness about the economy and the financial sector.


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