Stocks Dip as Dollar Rises and Oil Drops
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U.S. stocks inched lower on Friday but fresh economic data drove the dollar and bonds higher, while profit-taking pushed oil prices down after OPEC'S widely expected decision to curb production.
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U.S. stocks closed slightly lower on  Monday as the dollar's rally and a drop in oil prices were not  enough to stop investors from selling stocks and taking profits  after last week's gains.
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The dollar edged down against other  major currencies on Tuesday as investors awaited U.S. economic  indicators later in the day for clues on the pace of future  U.S. interest rate rises.
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Asian shares on Friday tracked a jump in U.S. stocks after oil prices dropped below &#36;49 a barrel, easing pressure on the global economy, while the dollar was mired near a record low against the euro ahead of U.S. jobs data.
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LONDON : The dollar fell back after posting gains earlier in the day but dealers remained cautious ahead of key US data this week.
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Tokyo stocks opened lower Tuesday due to concerns about rising oil prices, while the dollar rose against the Japanese yen. The Nikkei Stock Average was down 53.
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The dollar slipped  on Friday, after  Federal Reserve Chairman Alan Greenspan's remarks on the U.S.  trade gap and on foreign demand for dollar-denominated  assets.
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Tokyo&#39;s key stock index edged lower Tuesday morning as investors took profits from hefty gains the day before. The dollar was up against the Japanese yen.
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Rising oil prices and continued weakness in the US dollar pushed stocks lower Monday as investors grew increasingly uneasy about the economy.
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Tokyo stocks slipped Friday morning as investors cautiously awaited earnings reports from major Japanese firms later in the day. The dollar rose against the Japanese yen and the euro.
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The Dow and S&P 500 declined on Monday as energy company shares fell on lower oil prices and investors worried about the economy, but Nasdaq rose, lifted by Apple Inc .
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The dollar dipped against most major currencies on Wednesday after mixed data on U.S. durable goods orders and weaker-than-expected new home sales did little to brighten the U.S. economic outlook.
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US stocks ended lower Monday as a sharp drop in oil prices knocked down shares of energy companies such as Exxon Mobil Corp., while the dollar plumbed fresh lows against the euro.
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Tokyo stocks plunged Tuesday morning on concerns about higher oil prices. The US dollar was down against the Japanese yen. The Nikkei Stock Average of 225 issues was down 121.
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The dollar lost momentum on Monday as Wednesday's U.S. trade data loomed, while European stock markets eased from 30-month highs as oil prices again rose beyond &#36;46 a barrel.
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Tokyo stocks fell Thursday morning as the dollar declined against the Japanese yen and the euro.
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U.S. stocks slipped at the open on   Wednesday after crude oil prices edged higher after seven days   of losses.