Investors to keep watch over oil prices next week
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The London stock market will next week keep a close watch on oil prices, which are showing no signs of cooling after soaring to fresh record high points approaching 50 dollars, analysts said.
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Soaring crude prices plus worries  about the economy and the outlook for earnings are expected to  hang over the stock market next week during the depth of the  summer doldrums.
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Stocks may come under pressure next week as investors sell shares at year's end to prepare for tax season. But crude oil prices, earnings outlooks and moves in the dollar will also be closely watched.
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News events to watch for in the coming week.
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Crude prices stayed firm on Wednesday as traders held their positions ahead of mid-week US petroleum inventories data and braced for a possible production cut from oil cartel OPEC, which meets later this week.
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U.S. stocks may test record highs next  week as muted oil prices take center stage. But the September  jobs report on Friday could keep traders cautious and upend a  rally.
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NEW YORK - U.S. stocks are seen in a watchful mood at the open Thursday as investors weigh oil's latest push higher and digest the latest flurry of third-quarter profit reports...
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Soaring crude prices plus worries about the economy and the outlook for earnings are expected to hang over the stock market next week during the depth of the summer doldrums.
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U.S. stocks may test record highs next week as muted oil prices take center stage. But the September jobs report on Friday could keep traders cautious and upend a rally.
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The record price of oil has ruled Wall  Street for months now and next week investors will get a close  look at just who has profited the most from black gold's big  run.
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European stock markets looked set to end the week on an upbeat note as recent falls in oil prices and positive news from US technology giant Intel lifted sentiment.
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Soaring crude prices plus worries  about the economy and the outlook for earnings are expected to  hang over the stock market this week during the depth of the  summer doldrums.
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Stocks may come under pressure this  week as investors sell shares at year's end to prepare for tax  season. But crude oil prices, earnings outlooks and moves in  the dollar will also be closely watched.
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Stock investors may want to fasten  their seatbelts this week, when a flurry of earnings and  economic data will once again be in focus.
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U.S. shares are expected to rise again on  Monday, underpinned by hopes that the Federal Reserve will keep  interest rates unchanged at its policy-setting meeting on  Wednesday, and as oil prices stayed below $64 a barrel.
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European equities clung to three-week  highs on Friday as oil steadied around the $43 a barrel mark.
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Stock investors may want to fasten their seatbelts this week, when a flurry of earnings and economic data will once again be in focus.