Investors weigh effect of oil prices
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NEW YORK Another rise in oil prices is putting some pressure on stocks, which are mixed. The Dow Jones industrial average is down 12 points at ten-thousand-165.
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Oil producing â-pec and non-Opec â -ntries are concerned about the recent heavy fall in the value of dollar, in which international crude oil sales are priced.
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It should only be this simple: Oil prices plunge 20 percent, leading businesses and consumers to ramp up their spending, which gives a nice jolt to the economy. That seems to be the conventional wisdom on Wall Street right now, where the pullback in energy prices is being cheered by investors. But some contrarians think that view could be missing the point.
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A rise in oil prices bolstered shares of Exxon Mobil, outweighing investorsâ concerns about a jump in a critical inflation gauge.
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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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High oil prices kept Asian stock  markets in check on Wednesday as investors fretted over the  impact of energy costs on corporate earnings, but an upbeat  outlook from Applied Materials lifted some tech issues.
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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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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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U.S. stocks struggled to gain ground   on Tuesday as oil prices rose and investors feared economic  fallout from Hurricane Ivan as it moved through the Gulf of  Mexico toward a possible landfall in the United States.
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NEW YORK - U.S. stocks are seen in a cautious mood at the open as investors count the cost of oil's latest push north and await OPEC meeting outcome in Vienna...
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NEW YORK - Investors cheered by falling oil prices and an improving job picture sent stocks higher Tuesday, hoping the news signals a renewal of economic strength and a fall rally in stocks.    Oil prices dropped below the $43 per barrel mark before rising slightly to end the session, giving credence to investors' belief that the summer's run on oil prices was at an end...
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NEW YORK - Stocks were narrowly mixed Tuesday as oil prices remained higher and Wall Street weighed a lackluster report on retail sales, but light volume showed that many investors remained on the sidelines.    With Hurricane Ivan threatening oil rigs in the Gulf of Mexico, crude futures moved higher for the second straight day, but the possibility of an increase in output from OPEC took the edge off investors' concerns...
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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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As investors place bets on whether the economy will experience a hard or soft landing. One Wall Street veteran suggests a third possible outcome Â no landing at all.
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As oil prices continue to soar, the effect on United States corporate earnings will be under scrutiny this week. US stocks posted modest gains on Friday after Federal Reserve chairman Alan Greenspan
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Investors will watch for oil news from  Russia and Iraq this week, but skepticism that crude prices  will stay sky-high is growing and a break in the energy market  would fuel a rally in the U.S. stock market.
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NEW YORK Higher oil prices and lowered profit forecasts weakened stocks Monday, with investors hesitant to buy in ahead of an interest rate-setting meeting of the Federal Reserve on Tuesday.