Oil Prices, Politics Depress Markets
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The Dow Jones industrial average dived to its lowest level of the year last week as investors cautiously eyed oil prices and political polls and determined that neither was flashing a &quot;buy&quot; signal for stocks.
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With the US presidential elections approaching, world oil prices appear to be going down. New York&#39;s main contract, light sweet crude for delivery in December, fell 26 cents to 49.
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Oil prices fell as the market tracked fresh concerns about the US economy, with fears that a slowdown in the United States could dampen demand for crude, traders said Monday.
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U.S. stocks fell  on Monday as a lower  dollar, high oil prices and uncertainty over the U.S.  presidential election made investors cautious.
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The housing crisis and high oil prices may cause a slump, analysts warn.
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Stocks declined on Monday, as record crude oil prices triggered fresh worry that energy costs will erode corporate profits and consumer demand.
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Â· Markets braced for falls after Wall Street slump  Â· Period of slower growth sparks fears of trade war
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European shares fell, the yen and dollar  wilted and benchmark government bond yields scraped against  multi-month lows on Thursday as high oil prices continued to  worry global financial markets.
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US stocks fell on Monday as a lower dollar, high oil prices and uncertainty over the US presidential election made investors cautious.
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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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Oil fell below $88 on Monday as financial markets tumbled on fresh concerns over the health of the U.S. economy.
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US oil prices fell further below $50 a barrel on Tuesday, adding to a week-long slide that has cut more than $5 off record-high prices, as some traders cashed in profits ahead of the US presidential election.
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Oil prices took time out on Friday from this week's succession of record highs but anxiety over outages in the U.S. Gulf, Nigeria and Norway in the run-up to winter left little hope of relief for consumers.
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Oil prices fell yesterday after government data showed US inventories of crude grew last week, surprising many traders and analysts who had expected supplies to shrink due to lingering output problems caused by Hurricane Ivan.
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World oil prices slipped Monday, tracking a slump in global stock markets as investors worry about slowing economic growth and a risk of recession in the United States.
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Disappointing retail sales and oil prices that threatened to top $53 per barrel sent stocks lower Thursday as investors worried that rising energy costs could further hamper consumer spending.
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Indicators like high oil prices and the slumping stock market have voters concerned.