Stock markets heartened by Greenspan assurance on oil-price impact
249907
TORONTO (CP) - Bargain hunting and reassuring words from US Federal Reserve chairman Alan Greenspan about high energy costs lifted stock markets Friday even as oil prices hit a new record close.
256092
NEW YORK - Stocks rebounded moderately Friday as a stronger than expected retail sales report showed that higher oil prices aren't scaring consumers away from spending. Federal Reserve Chairman Alan Greenspan's positive comments on oil prices also encouraged investors, but the major indexes finished the week lower following sharp declines the previous two sessions...
456012
U.S. stocks fell sharply on Friday as  investors were jolted by a $2 jump in oil prices and a warning  from Federal Reserve Chairman Alan Greenspan that the dollar  had further to fall.
505983
&quot;The economy is doing reasonably well,&quot; says Fed chief Alan Greenspan. &quot;Despite the rise in oil prices through mid-August, inflation and inflation expectations have eased in recent months.
687668
With record-breaking oil prices nearing $55 a barrel, just about everyone last week was worrying about them -- everyone, that is, except Fed Chairman Alan Greenspan.
138161
It should only be this simple: Oil prices plunge 20 percent, leading businesses and consumers to ramp up their spending, which gives a nice jolt to the economy. That seems to be the conventional wisdom on Wall Street right now, where the pullback in energy prices is being cheered by investors. But some contrarians think that view could be missing the point.
696397
Stocks climbed  on Friday buoyed by a  brokerage upgrade on semiconductor shares and comments by  Federal Reserve Chairman Alan Greenspan that eased investor  concerns about the record U.S. trade deficit.
538198
Stocks edged into positive territory on Tuesday after former Federal Reserve Chairman Alan Greenspan said that he was not worried about Chinese selling of U.S. Treasuries.
360676
Stocks weakened early Wednesday afternoon, as investors took in fluctuating oil prices, some weak corporate news, and mostly upbeat testimony from Federal Reserve Chairman Alan Greenspan.
239289
U.S. stocks were lower on Wednesday as  some investors interpreted comments by Federal Reserve Chairman  Alan Greenspan as a sign that more interest-rate hikes may be  in the pipeline.
143687
NEW YORK - Wall Street shares took a beating yesterday as a fresh surge in oil prices dented sentiment among investors already fretting about the coming corporate earnings season.
175353
NEW YORK - A drop in oil prices and reassuring words from the Federal Reserve sent stocks higher Monday, raising hopes that Wall Street would be able to extend its recent rally.    Investors were cheered by a dip in oil prices, which backed off of the $50 per barrel mark at Friday's close of trading...
468670
As oil prices continue to soar, the effect on United States corporate earnings will be under scrutiny this week. US stocks posted modest gains on Friday after Federal Reserve chairman Alan Greenspan
291141
Kuwaiti Energy Minister Sheikh Ali Jarrah al-Sabah has said that OPEC countries were &quot;satisfied&quot; with the current price of oil but were concerned about stocks.
537509
NEW YORK - Stocks were little changed early Wednesday as investors awaited testimony from Federal Reserve Chairman Alan Greenspan before a House budget panel.    In morning trading, the Dow Jones industrial average was down 0.08 at 10,342.71...
175436
(CBS/AP) Federal Reserve Chairman Alan Greenspan said Wednesday the economy has &quot;regained some traction&quot; after a late spring slowdown that was triggered by a sharp spike in oil prices.
208087
This year's oil price surge will not be a replay of the oil shocks of the 1970s and 1980s that sent the United States into a series of recessions, Federal Reserve Chairman Alan Greenspan said Friday.