Stock Markets Fall as Oil Nears $50 a Barrel
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NEW YORK, Sept. 22 -- A surge in oil prices and a disappointing earnings report from Morgan Stanley were cited as factors in significant stock market losses Wednesday.
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NEW YORK - Uneasy investors sold stocks mostly lower Tuesday as oil prices climbed above $51 per barrel, creating new worries that rising energy costs would curb consumer spending and corporate profits.
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NEW YORK - Uneasy investors sold stocks mostly lower Tuesday as oil prices climbed above $51 per barrel, creating new worries that rising energy costs would curb consumer spending and corporate profits. Only the Nasdaq composite index managed a small gain...
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The price of oil sank for the fourth consecutive day yesterday amid profit taking and easing concerns about supply, dipping below $44 US a week after it threatened to hit $50 US.
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U.S. stocks fell on Monday as shares   of energy companies like Exxon Mobil Corp. XOM.N and those of   miners fell as crude oil prices extended a six-day sell-off and   bullion prices fell.
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US blue-chip stocks fell on Thursday to nearly a five-week low as crude oil touched $49 a barrel, close to the record set last month, and a key gauge of future economic activity fell for a third straight month.
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European stocks slipped and the dollar  was soft on Friday as the rise in crude oil prices toward $50 a  barrel raised the prospect of slower economic growth, which  supported bond prices.
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Asian shares were mostly lower on  Wednesday as oil prices hovered near $50 a barrel, with  Japanese stocks sliding for a ninth session, led by exporters  and tech stocks.
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Stocks fell on Tuesday as shares of  major oil companies tumbled after the price of crude fell more  than a $1 a barrel to a 3-month low.
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U.S. stocks fell on Monday as oil  prices held near $55 a barrel and Dow component 3M Co. MMM.N  posted results slightly below Wall Street estimates.
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Oil prices edged below $49 a barrel on  Wednesday as traders factored in expectations for petroleum  stock builds in weekly U.S. inventory data that would ease  supply worries ahead of peak northern winter demand.
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Crude futures prices fell yesterday, briefly sinking below $49 US a barrel, as the US supply of oil grows and traders said institutional investors shifted their capital from commodities to equities.
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Oil prices marched toward $50 a  barrel on Friday, weighing on Asian stock markets as investors  fretted over the impact of high energy costs on corporate  profits, consumer spending and economic growth in general.
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NEW YORK - U.S. stocks are seen slightly lower at the open as investors stay on guard with oil pushing near the $50-a-barrel level...
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U.S. stocks ended lower on Thursday as  oil prices climbed above $48 a barrel, prompting investor worry  about the effect of high fuel costs on corporate profits and  consumer demand.
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Oil futures prices sank below $50 a barrel Monday, continuing the selloff sparked last week by rising US supplies of crude and easing fears about the refining industry&#39;s ability to satisfy heating oil demand.
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Oil prices edged lower in thin early  trade on Wednesday, keeping within sight of $50 a barrel on  supply worries in the United States, where weekly data is  expected to show a draw in distillate inventories.