Dow Ends Below 10,000 on Insurers, Oil
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U.S. stocks tumbled on Thursday after  oil spiked to a record and New York Attorney General Eliot  Spitzer leveled fraud charges at the insurance industry,  dragging Dow component American International Group Inc.  AIG.N down 10 percent.
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When estimates for insured damages from Hurricane Ivan dropped from $20 billion to between $4 and $10 billion, insurance stocks staged a modest rally.
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NEW YORK - The Dow Jones industrial average dropped 367 points yesterday - the 20th anniversary of the Black Monday crash - as lackluster corporate earnings, renewed credit concerns, and high oil prices spooked investors.
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Blue chips ended lower yesterday as a drop in oil prices hit energy shares and buyers took profits after a series of record-high closes.
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Stock prices are mostly lower, but not showing much change from yesterday&#39;s closing levels. The Dow Jones Industrial Average is down 11 points in today&#39;s early going.
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Blue chips closed lower after Wall Street fell back in reaction to stronger crude prices.
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U.S. stock futures fell early on  Thursday, pointing to a lower market open, with oil prices  rising and the insurance sector in the spotlight again after  American International Group AIG.N  said it was being  investigated by a federal grand jury.
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The Dow Industrial average fell to a  new low for the year on Friday as oil prices jumped to a fresh  record and tech bellwether Microsoft Corp. MSFT.O weighed on  stocks after its revenue forecast lagged Wall Street  expectations.
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U.S. stocks rallied on Wednesday with  the Dow back above 10,000 after oil prices fell almost 5  percent, alleviating worry that high energy costs will eat into  corporate profits and consumers' wallets.
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Leading shares closed near lows as Wall Street remained weaker on news of credit default troubles at American International Group Inc., with falls from the UK insurers and banking sectors.
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U.S. stocks closed lower on Friday,  weighed down by a number of negative reports from top drug  makers, including Pfizer Inc. PFE.N, and a $2 jump in the  price of crude oil.
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U.S. stocks fell on Monday, with the  blue-chip Dow hitting a new low for the year, as oil prices set  new records above $55 a barrel and the dollar fell to within a  cent of record lows against the euro.
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US stocks ended lower on Monday in a quiet trading day as a sharp drop in the price of oil knocked down shares of energy-related companies such as Exxon Mobil Corp.
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Stocks ended down for a third day on Friday, giving the Dow Jones industrial average its worst week since August, as worries over rising defaults in the subprime mortgage industry sent financial services shares lower.
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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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NEW YORK - US stocks closed slightly lower yesterday with the Dow industrials hovering around this year&#39;s lows amid uncertainty over the deadlocked US presidential election and a flurry of disappointing earnings reports.
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NEW YORK - Investors saw a major surge in oil prices and disappointing earnings from Morgan Stanley as a chance to collect profits Wednesday, sending stocks substantially lower. The Dow Jones industrial average dropped nearly 130 points...