A spokesman for Hillary Rodham Clinton says the New York senator is still in discussion over whether to accept the US Secretary of State job, though the talks are “very much on track”.

Stocks tumbled today after a plan to alleviate a liquidity crisis at Bear Stearns touched off concerns about the severity of credit troubles.

Stocks finished mixed as lacklustre economic reports offered Wall Street little incentive to place big bets ahead of a long weekend.

Wall Street sold off sharply today as concerns about a weakening credit market wiped out US investors' enthusiasm about strong retails sales during the holiday weekend.

Wall Street finished an erratic session mixed today with the Dow Jones industrials reaching a third straight record close despite concerns about corporate profits and the impact of falling oil prices.

THE dollar tumbled yesterday after a survey showed prices at the US factory gate slipped in July, reinforcing a view that the Federal Reserve may not need to raise interest rates further to combat inflation.

Wall Street limped to a mixed finish today as uncertainty over the situation in the Middle East and a disappointing earnings report from Citigroup gave traders little impetus to buy after last week’s selloff.

The market is infatuated with the euro which rose to $1.2450. Richard Blackden reports.

Wall Street retreated today after Federal Reserve chairman Alan Greenspan said the economy should post stronger growth by year’s end but cautioned that the threat of deflation remains.