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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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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NEW YORK - Disappointing earnings from Morgan Stanley and oil prices topping $48 per barrel sent stocks sharply lower Wednesday as investors moved to protect their recent gains. The Dow Jones Industrial average dropped nearly 120 points...
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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 - 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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Rising oil prices have stocks falling in early trading. The Dow Jones Industrial Average is down 44 points. Losing issues on the New York Stock Exchange hold a 5-2 lead over gainers.
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Stocks were knocked lower on Thursday  as investors worried that rising prices for oil and commodities  would shrink corporate profits, while drug shares fell on  possible stricter scrutiny from regulators.
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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. Only the Nasdaq composite index managed a small gain...
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Oil prices eased back below $59 a barrel as investors focused on U.S. fuel data due later on Wednesday that is expected to show a rise in gasoline stocks in the world's top consumer.
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Falling oil prices hurt energy stocks and a Fed officialâs comments on interest rates also soured the marketâs early good mood.
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Investors sent stocks markedly lower yesterday as oil prices reached $53 a barrel during the trading session and new questions were raised about the safety of arthritis drugs, putting pressure on pharmaceutical shares.
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Oil futures prices sank to their lowest level in nearly a month yesterday on a continuation of the sell-off sparked last week by rising US supplies of crude
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OIL prices reached a new high and sent stocks lower today, pushing the Dow Jones industrials back below 10,000. But with trading on Wall Street light and losses only moderate
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Oil prices drop back from a new record above $100, but fears high energy prices could stoke inflation hit stocks.
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American stocks fell to three-week lows yesterday after oil prices jumped more than $1.50 to above $48 a barrel. Oil was forced up after the release of figures showing a sharper-than-expected fall in weekly
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Oil prices extended their decline on Wednesday to below $88 a barrel as poor U.S. economic data reinforced fears that the world's largest economy is on the brink of a recession, knocking stock markets lower.
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Stock markets traded lower this afternoon as the price of crude oil shot up on the latest US supply report while investors were frustrated at a series of corporate earnings disappointments, warnings and downgrades.