Markets skirt crude oil hikes
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Despite the price of oil settling above $50 a barrel for the first time, Wall Street yesterday celebrated new data showing the nation&#39;s manufacturing sector expand again last month.
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NEW YORK - Stocks inched higher Thursday as investors shrugged off sluggish retail sales, disappointing worker productivity and a surge in oil prices, focusing instead on rising factory orders.    Trading was muted ahead of a mid-quarter update from U.S...
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U.S. stocks edged higher on Tuesday in   slow trading as Chevron Corp. CVX.N gained on news it   successfully drilled for oil in the Gulf of Mexico, offsetting   a drop in Viacom Inc. VIAb.N after its chief executive quit.
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European stocks shrugged off new peaks  in crude oil prices and moved slightly higher on Thursday with  technology firms leading the advance, while bonds and the  dollar were steady.
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Investors shrugged off rising crude futures Wednesday to capture bargain-priced shares, sending the Nasdaq composite index up 2 percent ahead of Google Inc.&#39;s much-anticipated initial public offering of stock. The Dow Jones industrial average rose more ...
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Stocks were little changed on  Wednesday as high crude prices drove up shares of energy  companies, but profit warnings dragged on such sectors as auto  parts and semiconductors.
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Oil prices edged cautiously higher on  Tuesday, attempting to stem a fall of more than 10 percent in  the last five sessions amid rising U.S. stockpiles and  warmer-than-expected weather.
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Stocks ended slightly higher on Friday but stayed near lows for the year as oil prices surged past &#36;46 a barrel, offsetting a positive outlook from computer maker Dell Inc.
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U.S. stocks barely budged on Wednesday  as a 2-week high in crude oil prices limited gains by  reigniting worry about energy costs eating into corporate  profits and consumer spending.
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Stocks were little changed in choppy trading on Wednesday, as higher oil prices lifted energy shares and gains in semi-conductor stocks offset earlier losses tied to a disappointing economic report.
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Crude oil rose on Monday in New York as market concerned that the approach of Hurricane Ivan woulddisrupt production and tankers shipments in the Gulf of Mexico.
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Stocks edged higher on Friday, clawing back from the previous session's steep losses, led by energy shares such as Exxon Mobil  as the price of oil rose.
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Crude oil prices hovered nearly five percent below a 21-year high Monday, lifting most Asian shares and giving investors some respite from concerns that energy costs would choke off profits and economic growth.
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NEW YORK - A surge in oil prices and a disappointing report on retail sales kept stocks narrowly mixed in light trading Tuesday as many investors stayed on the sidelines.    With Hurricane Ivan threatening oil rigs in the Gulf of Mexico, crude futures moved higher for the second straight day, renewing investors' fears of a further drop-off in consumer spending due to higher gasoline prices...
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CRUDE oil prices pushed past the psychologically important $US50-per-barrel mark today and hit an all-time high as the market reacted to the slow recovery of US production in the Gulf of Mexico following Hurricane Ivan as well as unrest in key oil
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NEW YORK - Investors shrugged off rising crude futures Wednesday to capture bargain-priced shares, sending the Nasdaq composite index up 2 percent ahead of Google Inc.'s much-anticipated initial public offering of stock. The Dow Jones industrial average rose more than 110 points...
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Oil prices drifted below $47 a barrel  early on Wednesday, well off recent peaks as traders braced for  another increase in U.S. crude oil inventories.