Blue Chips Slip on Record Crude Prices
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U.S. blue chips inched lower on  Tuesday afternoon as investors worried that oil prices, which  jumped to another record, will eat into corporate profits and  dampen consumer spending.
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NEW YORK, Feb b22  - 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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US blue-chip stocks declined to the lowest level in more than a month on Thursday as crude oil prices touched $49 a barrel and renewed concerns that high fuel costs will erode corporate profits.
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Oil slipped toward $63 on Tuesday as   traders balanced healthy U.S. fuel stocks ahead of winter with   a fresh delay to BP's giant Thunder Horse oilfield in the Gulf   of Mexico.
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U.S. blue chips lost early gains and  slipped lower on Wednesday as oil prices rose and terrorism  fears sparked by a chemical scare in Washington crept into the  marketplace.
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U.S. blue-chip stocks edged higher on Monday helped by about $77 billion in takeover deals, but the S&P 500 faltered as a drop in oil prices hurt energy stocks and the Nasdaq fell as investors grew worried about the sustainability of technology profits.
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Oil prices slipped on Monday but held above &#36;49 a barrel as easing concerns about a winter supply crunch pulled the market further away from record highs set two weeks ago.
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The blue-chip Dow index fell 1  percent, sliding below 10,000, on Wednesday, as oil prices  resumed their climb while mining stocks fell.
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Oil prices slipped on Monday but held above $49 a barrel as easing concerns about a winter supply crunch pulled the market further away from record highs set two weeks ago.
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U.S. blue chips were flat on Monday  after a report showing an unexpected drop in November  construction spending offset a drop in oil prices, while a  brokerage downgrade of Sun Microsystems SUNW.O hurt Nasdaq.
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U.S. blue-chip stocks inched higher on  Monday as the price of crude rose to near $49 a barrel and  helped energy companies' shares, but technology shares slid,  pulled down by a drop in chipmakers.
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Oil prices slipped on Thursday,  holding most of the previous day's gains after car bombs in  Riyadh rekindled fears over Middle East supply security, one  factor behind a rally that pushed the average U.S. crude price  34 percent higher this year.
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U.S. blue-chip stocks fell  on Thursday to nearly a five-week low as crude oil flirted with last month's record high and a key gauge of future economic activity fell for a third straight month.
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Oil prices slipped on Thursday, holding most of the previous day&#39;s gains after car bombs in Riyadh rekindled fears over Middle East supply security, one factor behind a rally that pushed the average US crude price 34 percent higher
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Blue-chip stocks fell on Tuesday and the Nasdaq composite index pared earlier gains as China said it raised a stamp duty on stock trades in Chinese markets and a sharp drop in oil prices hurt shares of energy companies.
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NEW YORKâUS blue-chip stocks ended barely higher yesterday as a spike in oil prices to record closing levels pared earlier gains and renewed concerns about the effect of high energy prices on consumer spending and corporate profits.
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U.S. oil eased and Brent backed away  from a new record-high on Tuesday as traders took profits from  a 3 percent surge after BP shut down Alaska's Prudhoe Bay  oilfield, the biggest in the United States, possibly for  months.