U.S. stocks fall amid yen, subprime jitters

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U.S. stocks fall amid yen, subprime jitters
source:By MarketWatch admin 2007-3-10 05:03:50

NEW YORK (MarketWatch) -- U.S. stocks were lower on Friday, sending the Dow Jones Industrial Average towards its worst week since April 2005, with the Japanese yen's rally against the dollar and more bad news for mortgage lenders fueling the same anxiety that has sent stocks sliding all week.

Commodities Corner: Hurricane futures: a new key to gauging energy risks

SAN FRANCISCO (MarketWatch) -- Energy traders will get a little extra help this month to predict the moves in their volatile market -- and it'll come in the form of a hurricane.

Investors react tepidly to weak Dell earnings report

SAN FRANCISCO (MarketWatch) -- Dell Inc. shares got a slight lift in early trading Friday, one day after the computer maker posted a 33% drop in fourth-quarter profit and said it faced slow going as it struggles with a decline in sales and increased competition.

Metals Stocks: Gold prices fall, on pace for an over $30 weekly loss

SAN FRANCISCO (MarketWatch) -- Gold futures fell to their lowest level in a month Friday, on pace for a fourth-straight losing session and a weekly loss of almost 5% with investors still rattled by this week's volatility in global stock markets as they eye demand for the precious metal in Asia.

Buffett posts job ad for investment successor in annual letter

SAN FRANCISCO (MarketWatch) -- In recent years, Berkshire Hathaway Chairman Warren Buffett has used his annual shareholder letter to attract potential acquisition targets and succeeded in snapping up businesses worth billions of dollars, such as Iscar and Business Wire.

David Callaway: As any Cub fan knows, the Dow's plunge is the sell signal

SAN FRANCISCO (MarketWatch) -- It was just about 7:30 p.m., Las Vegas time, in the sports book of the Mandalay Bay casino that 14th of October, in 2003, when a magical season for the Chicago Cubs came to a crashing end.

Interiors take on new importance as auto competition heats up

SAN FRANCISCO (MarketWatch) -- It doesn't take some uppity motoring snob to come to the realization that ugly plastics, glaringly fake wood and cheap controls should be forever banished from new-car interiors, regardless of the price tag.