Oil Obsession Wanes on Wall Street
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Oil is now down almost 15% in a week. Isn&#39;t this what people were complaining about two weeks ago when oil was marching toward $50 a barrel?
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U.S. stock futures pointed to a weaker  open on Monday as oil prices clawed back toward $50 a barrel,  and investors concerns about a weak dollar grew after a meeting  of rich and developing nations said nothing to arrest its fall.
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U.S. stocks fell on Thursday as  investor worries about high energy costs hurting corporate  profits kept indexes lower after oil prices broke through $48 a  barrel.
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NEW YORK - Oil prices climbed close to $51 per barrel and pushed stocks slightly lower Tuesday as investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at a record high $50.80, up 89 cents, on the New York Mercantile Exchange...
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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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U.S. stocks are set to open lower on  Monday with oil prices pushing higher and Wall Street on edge  as the Republican National Convention gets underway in New York  amid heightened security concerns.
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Shares on Wall Street headed for a slightly weaker opening on Monday as oil prices stayed within sight of $60 a barrel, and investors awaited more economic data for clues on the Federal Reserve's next interest rate move.
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Stocks edged lower Wednesday as investors weighed rising oil prices against a pair of government reports that gave a mixed picture about the economy.
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Wall Street was set for a weaker start  on Wednesday, taking a cue from an uptick in crude oil prices,  while investors will also watch out for home sales data.
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Investors extended their blue chip selloff Thursday as oil prices neared their all-time highs, renewing Wall Street&#39;s concerns that high energy costs would deflate third-quarter earnings.
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Wall Street continued its post-election rally yesterday as oil prices dropped by more than $2 a barrel and President Bush outlined plans for a second term.
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NEW YORK - An unexpected dip in oil prices - just hours after crude pushed past $54 per barrel - cheered investors Tuesday, moving stocks off their lows in late trading and keeping the major indexes mixed.    Initially, Wall Street's worries over oil grew as the International Energy Agency raised its forecast for world demand, and as price speculation increased after the Russian government ordered the sale of part of Yukos, that nation's top producer, to pay back taxes...
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NEW YORK - Stocks fell moderately Tuesday as oil prices climbed above $51 per barrel and investors worried that rising energy costs would dampen a widely expected fourth quarter rally.    Wall Street was uneasy but not panicky as a barrel of light crude was quoted at $51.09, up $1.18, on the New York Mercantile Exchange...
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Oil prices were little changed on Monday as investors focused on Asian stock market gains, setting aside for now worries of a potential U.S. economic recession that had knocked prices 3 percent lower late last week.
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Wall Street stocks closed mostly lower Tuesday as oil prices rose above 51 dollars per barrel, creating new worries that rising energy costs might curb consumer spending and corporate profits.
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Stocks declined on Monday, pressured by losses in shares of energy companies after a nearly 4 percent drop in oil prices.
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The world&#39;s major stock markets tried hard this week to ignore the proverbial elephant at the table -- record high oil prices -- but it is getting harder and harder to do so.