While investors go into the new week believing the economy is indeed emerging from recession, they still need to see more solid evidence of a rebound.
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Investors hunting for signs of economic growth (AP)
Posted by admin 193 days ago (http://us.rd.yahoo.com)Oil above $59 on signs US recession is easing (AP)
Posted by admin 304 days ago (http://us.rd.yahoo.com)
Investor hopes that the U.S. recession may have bottomed out propelled oil prices well above $59 a barrel on Tuesday. Prices rose despite continued lack of demand, evidenced by U.S. crude stocks that are near 19-year highs and expected to climb further.
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