home > news Stocks pare losses to finish mixed after oil spikes (AP)

Stocks pare losses to finish mixed after oil spikes (AP)




Traders on the New York Stock Exchange (NYSE) in April wait for news of a Federal Reserve rate cut. The Federal Reserve sent out signals Wednesday the US economy will have to muddle through its crisis without further rate cuts, even as the central bank slashed its forecast for growth in 2008(AFP/Getty Images/File/Spencer Platt)AP - Wall Street capped a week of big gains with modest moves Friday as investors grappled with surging energy prices that overshadowed news of a surprise increase in home construction.





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