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Oil Plunges; Stocks Gain

Markets shake off steep decline in housing prices

By Sam Gale Rosen, Newser Staff

Posted May 27, 2008 3:31 PM CDT

(Newser) – The markets pulled out modest gains today on plunging oil prices, despite housing price indices that showed the biggest drop in 20 years, the Wall Street Journal reports. The Dow ended up 68.72 at 12,548.35, the Nasdaq up 36.57 at 2,... Read full story »

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Oil Plunges; Stocks Gain

Markets shake off steep decline in housing prices

stock market • oil price • housing sales • housing crisis

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