Thursday, May 20, 2010

Stocks Plunge on Europe, S&P 500 Loses Most in 13 Months

May 20 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks plunged, with the Standard & Poors 500 Index losing the most in 13 months, after jobless claims increased and concern grew that Europes debt crisis is spreading. Bloomberg's Pimm Fox also speaks. (Source: Bloomberg)

Buy gold on dips for long-term: Kotak

May 19, 2010In an interview to CNBC-TV18, Amol Tilak, Head-Research at Kotak, spoke about his outlook on gold, silver, copper and nickel.^M ^M


Crude Oil Tumbles Below $65 as Equities Slump

May 20 (Bloomberg) -- Crude oil tumbled below $65 a barrel in New York for the first time since July as stocks fell and the euro weakened on concerns Europe will struggle to contain the sovereign-debt crisis. Bloomberg's Mark Crumpton reports. (Source: Bloomberg)

DAILY NEWS ON BOOZE