Stocks fall as oil hits $60; yen off vs dlr
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U.S. stocks fell on Friday after a major global chip maker sparked concerns about weakening consumer demand, and crude oil rose above $60 a barrel for the first time in a month.
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The yen edged down against the dollar on  Wednesday as Japanese stock prices slid, but it remained within  striking distance of three-month highs on persistent concerns  about the health of the U.S. economy.
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Japan's Nikkei share average slipped 0.55  percent in early trade on Monday after a weak U.S. jobs report  pushed the dollar down against the yen, hurting the shares of  Japanese exporters.
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Tokyo's Nikkei average fell 0.9 percent  by mid-morning on Tuesday and was on course for an eighth day  of losses as a broad range of stocks wilted after oil prices  spiked to $50 a barrel and U.S. stocks made more losses.
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Oil fell below $60 on Friday as investors doubted OPEC's resolve to carry out a planned supply cut and fuel inventories swelled in top consumer the United States.
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Tokyo stocks fell Friday morning as investors avoided significant moves ahead of a long weekend. The dollar was down against the Japanese yen.
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Japan's Nikkei share average slipped 0.58  percent on Monday morning after a weak U.S. jobs report kept  the dollar near a five-year low against the yen, hurting the  shares of Japanese exporters.
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Oil slid further below $58 a barrel on Thursday after its repeated failure to breach $60 triggered a two-percent sell-off the previous day.
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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 fell Thursday morning following Wall Street&#39;s weakness. The dollar was higher against the Japanese yen. The benchmark Nikkei Stock Average of 225 issues was down 15.
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Japanese stocks edged lower by  mid-morning on Friday as a retreat on Wall Street and worries  about record-high oil prices prompted profit-taking in some  technology and bank shares following the market's recent gains.
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Oil dipped below $60 a barrel on Wednesday, as dealers took some profits from gains following an extended disruption to Alaskan crude exports and on expectations of a decline in fuel stocks in the United States.
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The yen pulled back from a one-week high against the dollar on Wednesday and lost ground across the board as stability returned to the world&#39;s stock markets.
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The dollar fell to a 7-1/2 month low  against the euro on Wednesday and a three-month trough on the  Swiss franc as a selloff on the back of recent worries about  the U.S. economy and interest rate outlook gained momentum. The  yen came under pressure briefly as Tokyo stocks fell 1.65  percent. But given the export-oriented economy's reliance on  oil, a recent retreat in oil prices underpinned the currency  near this week's three-month high on the dollar.
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Oil eased near $60 on Wednesday  following big gains the previous day spurred by disruption of  Alaskan crude exports and ahead of U.S. government data  expected to show declining stocks of heating and transport  fuels.
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Oil eased near $60 on Wednesday following big gains the previous day spurred by disruption of Alaskan crude exports and ahead of U.S. government data expected to show declining stocks of heating and transport fuels.
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Japanese stocks fell Wednesday morning as traders sold pharmaceutical and tech issues. The dollar was slightly higher against the yen.