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The week that was: More pain, no gain -- except for OPEC

latimes.com » 2008 » July » 3rd » The week that was: More pain, no gain -- except for OPEC

Tagged: energy, banking, economy, earnings, interest rates, commodities, federal reserve, dollar foreign currencies, stock market trends

The stock market looks like it dodged a couple of bullets today, but the modest rebound in the Dow Jones industrial average during the half-day session couldn’t salvage the week. And take a guess which commodity closed at yet another record high. The Dow added 73.03 points, or 0.6%, to 11,288.54, but lost 0.5% for the week and stayed in bear-market territory, off 20.3% from its October record Continue Reading »


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