Stocks Turn Higher As Oil Hits Record High
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Stocks clung to a modest advance Wednesday despite a new record high for oil and gloomy third-quarter outlooks from several companies as investors awaited the government&#39;s jobs creation report at the end of the week.
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NEW YORK - A welcome drop off in oil prices sent stocks sharply higher Friday, sparking hopes that the stock market's recent downturn was at an end. The major indexes were all poised to end the week higher...
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The Dow Jones industrial average hit an all-time high on Tuesday, surpassing the previous record set in 2000, as investors bet that sliding crude oil prices will stimulate spending and lift profits even as the economy slows.
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NEW YORK - Stocks moved slightly higher Friday as investors tried to uncouple share prices from skyrocketing oil costs, helped in afternoon trading by falling oil prices that had earlier reached new highs and flirted with $50 per barrel.    A barrel of light crude was quoted at $48.42, down 28 cents, on the New York Mercantile Exchange after hitting a record intraday high earlier in the session at $49.40...
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Oil prices struck another record high on Thursday and remained supported above &#36;47 by a fall in U.S. crude stockpiles and threats by insurgents in Iraq against oil facilities.
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Oil prices rallied to a record above $55 a barrel Monday on concerns over a winter fuel supply crunch, and as traders took comments from a top US official to mean high
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Oil hit a record high above $79 a barrel on Wednesday, propelled by an unexpectedly large drop in U.S. crude oil stocks that coincided with only a small output increase from OPEC ahead of peak winter demand.
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Investors looked past a spike in oil prices yesterday, sending stocks higher on the strength of Ford&#39;s bullish profit outlook.
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Oil prices jumped to a new record high near &#36;47 on Monday with traders on tenterhooks for the result of Venezuela's weekend referendum and Iraq's exports again disrupted by a Shi'ite uprising in the south.
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World oil prices vaulted to record highs Friday, stirring fears of $US60 a barrel for New York crude, as traders sweated over tight US energy stocks and rampant, China-driven demand.
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Stocks rallied early Wednesday afternoon, with the Dow Jones industrial average hitting a new record trading high, after closing at its best level ever on Tuesday.
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Stocks surged on Thursday, lifting the Dow to a record, as stronger-than-expected retail sales and takeover speculation fueled optimism about the economy.
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NEW YORK - Stocks moved slightly higher Friday as investors tried to uncouple share prices from skyrocketing oil costs, helped in afternoon trading by falling oil prices that had earlier reached new highs and flirted with $50 per barrel.    A barrel of light crude was quoted at $48.15, down 55 cents, on the New York Mercantile Exchange after hitting a record intraday high earlier in the session at $49.40...
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U.S. stocks ended higher on Wednesday,  as investors shrugged off record crude oil prices and bought  beaten-down shares, pushing blue chips to close above 10,000  for the first time in 3 weeks.
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U.S. stocks rose for a fourth day on   Thursday, with the Dow briefly surpassing its record closing   high set in January 2000, driven by optimism about falling oil   prices.
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NEW YORK - Stocks turned higher Tuesday, sending the Dow Jones industrial average back above the 10,000 mark, as investors shrugged off rising energy prices and focused instead on good corporate news. Even a decline in consumer confidence failed to shake the enthusiasm of buyers...
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Amid falling oil prices, stocks climb for 2nd straight day as Dow closes at highest level since Sept. 14. BY PRADNYA JOSHI. Stocks kept climbing higher yesterday as oil prices retreated and investors continued