| The Waiting Game |
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| May 6, 2008 |
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No one likes the days when the market heads down in a major way. But what about the uneventful (aka “boring”) days? Eh. That perfectly describes yesterday’s mundane market performance: Stocks started off on the wrong track following the collapse of a proposed Microsoft and Yahoo! merger and a surge in oil prices. Stocks didn’t make much of a comeback after that.
Today isn’t proving to be much better. For a second straight session, stocks declined as crude oil climbed past $122 a barrel, the dollar weakened, and investors braced themselves as more companies prepared to release earnings reports. More...
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