High oil prices results in lower stock prices
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NEW YORK As oil prices surge again, moving above the 55 dollars-per-barrel mark, stocks prices are struggling. The Dow Jones industrial average is down 31 points at 98-hundred-34.
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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. stocks were lower on Wednesday as  oil prices jumped back above $54 a barrel after the government  reported a smaller-than-expected increase in crude oil  inventories and a few blue-chip companies disappointed  investors with their earnings and outlooks.
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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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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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Oil prices continued their downturn on Friday, retreating from recent highs to their lowest level in five weeks, as rising US stockpiles ease supply fears.
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US blue-chip stocks declined to the lowest level in more than a month on Thursday as crude oil prices touched $49 a barrel and renewed concerns that high fuel costs will erode corporate profits.
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Oil fell below $88 a barrel on Wednesday as stock markets continued their decline, shrugging off a temporary reprieve from Tuesday's steep cut in U.S. interest rates amid persistent fears of a global economic slowdown.
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Oil fell below $88 a barrel on Wednesday  as stock markets declined further, shrugging off a temporary  reprieve from Tuesday's steep cut in U.S. interest rates amid  persistent fears of a global economic slowdown.
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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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Surging oil prices and a weak dollar prompted a spate of profit-taking today, pushing stocks slightly lower in light holiday-week trading.
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US shares ended mostly lower today as oil prices kept moving higher despite news that US strategic reserves may be tapped to ease supply concerns.
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US energy stocks such as Exxon Mobil Corp. declined as crude oil futures dropped to their lowest in almost two months. The Standard &amp; Poor&#39;s 500 Index was little changed following its biggest three-week advance since 2002.
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Stocks ended lower yesterday as a sharp drop in the price of oil knocked down shares of energy-related companies, while the dollar resumed its decline, dropping to new lows against the euro.
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TORONTO (CP) - Stock markets were mainly lower Thursday afternoon as oil prices inched toward record levels and investors dealt with lacklustre economic data.
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Stocks moved lower on Thursday as a  brokerage downgrade on the oil sector, including Exxon Mobil  Corp. XOM.N, weighed on the market.
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U.S. stocks ended slightly lower on  Tuesday despite a drop in crude oil prices that helped push the  Dow higher late in the session.