Market falls on $120 oil
Published on: Mon, 05 May 2008
Author:
NEW YORK (Reuters) - U.S. stocks fell on Monday after crude oil briefly topped $120 a barrel, suggesting major headwinds for the U.S. economy, while a brokerage report questioning Bank of America's buyout of Countrywide Financial Corp added to concern about the credit crisis.
Read more at:
http://www.reuters.com/article/businessNews/idUSL057772320080505?feedType=RSS&feedName=businessNews
Source:
Reuters
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