Stocks Fall As Oil Surpasses $51 a Barrel
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Uneasy investors sold stocks mostly lower Tuesday as oil prices climbed above $51 per barrel, creating new worries that rising energy costs would curb consumer spending and corporate profits.
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Stocks slipped at the opening on Friday as oil prices topped $61 a barrel, boosting inflation worries.
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American stocks fell to three-week lows yesterday after oil prices jumped more than $1.50 to above $48 a barrel. Oil was forced up after the release of figures showing a sharper-than-expected fall in weekly
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Oil prices eased on Thursday but held near $61.50 a barrel after a climb the previous day on unexpectedly large falls in U.S. fuel inventories.
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U.S. stocks ended lower on Thursday as  oil prices climbed above $48 a barrel, prompting investor worry  about the effect of high fuel costs on corporate profits and  consumer demand.
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U.S. stocks opened lower on Monday, as  oil prices held above $55 a barrel, with the blue-chip Dow  hitting a new low for the year as investors worry that high  energy prices will dampen economic growth.
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Oil prices reached a new high and sent stocks lower Monday, pushing the Dow Jones industrials back below 10,000. But with trading on Wall Street light and losses only moderate, investors seemed to be coming to terms with near-$50 per barrel crude.
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U.S. stocks fell on Monday as oil  prices held near $55 a barrel and Dow component 3M Co. MMM.N  posted results slightly below Wall Street estimates.
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NEW YORK - Oil prices climbed close to $51 per barrel and kept stocks mixed Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.80, up 89 cents, on the New York Mercantile Exchange...
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US stocks fell in the broadest decline in more than two months as the price of oil climbed to $53 a barrel, raising concern fuel costs will hamper profit growth.
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NEW YORK - Uneasy investors sold stocks mostly lower Tuesday as oil prices climbed above $51 per barrel, creating new worries that rising energy costs would curb consumer spending and corporate profits. Only the Nasdaq composite index managed a small gain...
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Oil prices hit a new record near $51 a  barrel on Tuesday as a prolonged U.S. production outage  following Hurricane Ivan attracted fresh speculative buying.
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Crude oil futures prices dropped below $51 a barrel on Thursday as supply concerns ahead of the Northern Hemisphere winter eased after an unexpectedly high rise in US inventories.
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Stocks headed for a lower open on Friday as oil prices topped $61 a barrel, raising concerns that the inflation-wary Federal Reserve may not cut benchmark U.S. interest rates any time soon.
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Stocks fell on Wednesday after oil  prices jumped more than a dollar to over $48 a barrel and a  U.S. government review questioned home finance company Fannie  Mae's FNM.N accounting methods.
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NEW YORK - Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains. The Dow Jones Industrial average dropped 115 points...
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Crude reaches $51.48 a barrel as the damage from Hurricane Ivan lingers in the Gulf of Mexico. LONDON  - Oil prices streaked to a record high above $51 a barrel Wednesday as speculators drove up prices