Blue Chips Slip as Oil Stocks Weigh
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U.S. blue chips slid back into the red  on Wednesday as oil company shares fell on a report showing an  unexpected rise in U.S. oil inventories last week, which drove  oil prices lower.
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BROKER downgrades of three blue-chip stocks and a rise in crude oil futures pushed US stocks lower yesterday as investors looked for a clear sign that Wall Street would continue its year-end rally.
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NEW YORK Stocks were mixed in a volatile session yesterday, with blue chips weighed down by oil prices and a new investigation of the insurance industry.
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U.S. blue-chip stocks ended lower on  Wednesday as Honeywell International Inc. HON.N and J.P.  Morgan Chase & Co. JPM.N disappointed investors with  quarterly reports, while oil prices lurching back to $55 a  barrel rekindled worries about corporate energy costs.
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Stocks slipped on Monday as a pullback in crude oil prices weighed on energy companies, including Exxon Mobil Corp , and as caution before housing data tempered optimism from the latest takeover activity.
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U.S. blue chips fell on Thursday after  drug company Merck & Co.MRK.N said it was withdrawing its key  arthritis drug Vioxx, while relentless oil prices floated back  to $50 a barrel.
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U.S. stocks slipped at the open on   Friday as falling crude oil prices dragged energy shares such   as Exxon Mobil Corp. XOM.N lower, offsetting optimism that   data on inflation won't cause the Federal Reserve to resume   raising interest rates.
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Blue-chip stocks pared losses on Wednesday after energy stocks, including Exxon Mobil Corp. , turned positive on data showing a surprise drop in weekly U.S. gasoline supplies.
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Stocks moved lower on Thursday as a  brokerage downgrade on the oil sector, including Exxon Mobil  Corp. XOM.N, weighed on the market.
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U.S. stocks fell on Tuesday, with crude oil extending a decline and weighing on energy stocks, while a chip maker's earnings warning hurt the tech sector.
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The Dow industrials and S&P 500 fell on Monday as a drop in oil prices weighed on shares of energy companies including Exxon Mobil Corp .
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U.S. blue-chip stocks declined on  Thursday as a jump in oil prices added to worries about  inflation, but a rally in chip makers' stocks helped the Nasdaq  advance late in the session to end at a six-year high.
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Stocks remained mixed, with the blue chip Dow Index weighed down by uncertainty over oil prices and further announcements of investigations of the insurance industry.
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U.S. blue chips trimmed gains on  Friday after a senior OPEC delegate said the producer group  cannot rule out cutting oil production if oil prices slide  further and monthly U.S. jobs data showed weaker-than-expected  growth.
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U.S. stocks slipped on Monday in a  quiet day on Wall Street as the price of oil dropped below $42  a barrel and knocked down shares of energy-related companies  such as Exxon Mobil Corp.XOM.N.
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U.S. blue-chip stocks declined on Thursday as a jump in oil prices added to worries about inflation, but a rally in chip makers' stocks helped the Nasdaq advance late in the session to end at a six-year high.
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U.S. blue-chip stocks nudged lower on  Monday, weighed by a drop in American International Group Inc.  AIG.N on regulatory concerns, but a 4 percent jump in Apple  Computer Inc. AAPL.O helped lift the Nasdaq.