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Icahn to Whip Yahoo's Struggling Horse into Shape

Posted on May 16, 2008

Technology and Energy sectors made the biggest gains leading the Nasdaq(up 1.5%) and the S&P (up 1%) Thursday as the May Optionsexpiration window winds to a close. Oil prices, still the brightestmark for the Energy sector stayed around $124, although they wereunable to reach new peaks much past $126 a barrel.It'san Oil price era in Stock and Futures trading right now and thecommodity folks have been rejoicing the last couple of months virtuallynon-stop. Concerns over high oil resonate through many facets of theeconomy, with the biggest being the story of inflation. As high oilfunnels itself th...

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Tags:
fed , inflation , internet , microsoft , oil , oil price , sp , the fed , trading , yahoo
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