Spat With Iran Pressures Stocks
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A tense encounter with Iran and lingering concerns about weak job data keep U.S. stocks down.
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Volatility could be the name of the  game this week for the U.S. stock market with the earnings  machine running at full tilt and the rising conflict in the  Middle East.
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Iran accused of threatening to place Middle East under shadow of nuclear holocaust.
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Oil tumbled more than $3 to below $95 a barrel on Monday as unseasonably warm weather and worries of a looming recession in top oil consumer the United States outweighed fresh tensions between Iran and the U.S.
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The notion that Iranian dollars are going to Lebanese Shi`ites is causing much bitterness in Tehran and is fuelling animosity between the Persian community and the Arab world
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Fears that Islamic hard-liners could  exacerbate Iran's nuclear standoff with the West, scare foreign  investors and worsen social tensions may pave the way for a  comeback by former President Akbar Hashemi Rafsanjani.
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LONDON/SINGAPORE  - Oil prices edged higher on   Thursday as Iran looked set to defy the United Nations'   deadline for halting nuclear enrichment, raising the risk of   sanctions against the world's fourth-biggest crude exporter.
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Stocks extended losses on Monday as concerns about the U.S. economy's health persisted and the Pentagon said Iranian Revolutionary Guard boats harassed Navy ships in the Strait of Hormuz, stirring geopolitical worry.
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TORONTO (CP) - Stock markets were stuck in the red Monday morning as a boost of almost $1 US a barrel in the price of oil over renewed militancy in the Mideast and the possible outcome of an OPEC meeting later in the week pushed buyers to the sidelines.
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Oil prices firmed above $70 on   Wednesday as dealers weighed tensions over Iran's nuclear   program against robust crude inventories in the United States,   the world's largest energy consumer.
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Stocks may come under pressure this week as investors sell shares at year's end to prepare for tax season. But crude oil prices, earnings outlooks and moves in the dollar will also be closely watched.
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Stocks may come under pressure next  week as investors sell shares at year's end to prepare for tax  season. But crude oil prices, earnings outlooks and moves in  the dollar will also be closely watched.
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Investor's Business Daily - Iran: Sanctions alone will not stop Tehran's Islamofascist regime from building a nuclear weapon -- so warns a new European Union report. Why in the world did it take them so long to face up to the obvious?
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Oil prices rose more than half a  percent on Thursday as Iran looked set to defy the United  Nations' deadline for halting nuclear enrichment, raising the  risk of sanctions against the world's fourth-biggest exporter.
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Iranian state television sent ripples  through world financial markets on Wednesday after it reported  a powerful explosion near the town of Dailam, about 100 miles  from the oil state's only nuclear power plant.
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The US is pushing the European Union to increase the pressure on Tehran over its nuclear programme by stopping two Iranian banks from operating on European soil.
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Stocks were mixed Monday morning, with investors edgy amid a thrashing in global markets, following the worst week on Wall Street in four years.