Iran and oil may be wild cards for stocks
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Wall Street may hit some turbulence  next week, with Iran's nuclear dispute with the West poised to  come to a head and the latest earnings reporting season all but  done.
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U.S. stock investors looking to recoup  from the worst week in almost three months will have to keep  one eye out for signs of weakness in the tidal wave of earnings  due next week and the other on the threat surging oil prices  pose to the economy and profits.
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A new reporting period for company  earnings kicks into gear next week, giving investors a bit of  hard data to chew on, and markets could be volatile if the  price of crude oil stays north of $50 a barrel.
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A new reporting period for company  earnings kicks into gear this week, giving investors a bit of  hard data to chew on, and markets could be volatile if the  price of crude oil stays north of $50 a barrel.
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Investors are expected to focus on oil prices and corporate earnings outlooks next week, and the slightest warning about company revenues could weigh on stocks.
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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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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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A U.S. military strike against Iran would have dire consequences in petroleum markets, say a variety of oil industry experts, many of whom think the prospect of pandemonium in those markets makes U.S. military action unlikely despite escalating economic sanctions imposed by the Bush administration.
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Oil prices edged higher on Thursday   after hitting six-month lows the previous session, but big U.S.   fuel stocks and hopes talks with Iran could avert a crisis over   its nuclear program weighed on sentiment.
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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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Record crude oil prices, a tidal wave of quarterly earnings reports and anxiety ahead of the U.S. presidential election may pin U.S. stocks down next week.
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WASHINGTON -- Oil prices finished slightly above $70 a barrel yesterday as traders eyed the nuclear dispute between Iran and the West and after BP PLC officials said the company's Prudhoe Bay output could be restored earlier than expected.
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Oil is still king on Wall Street --  and if you don't believe it, just take a look at this year's  stock market charts.
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Oil's rise to new record highs above $50  a barrel will put pressure on Wall Street on Tuesday as  investors fret over the impact on corporate profits, while Dell  Inc DELL.O will grab focus after it stuck by its outlook.
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Oil climbed above $61 to a seven-week high on Friday after top fuel consumer the United States reported an unexpected drop in gasoline stocks and Iran said it would show 'no weakness' over its nuclear program.
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Stocks were headed for a mixed-to-lower opening on Monday after oil prices spiked to new record highs, raising fears that soaring energy costs could crimp corporate profits.
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Oil is still king on Wall Street -- and if you don't believe it, just take a look at this year's stock market charts.