Stocks Seen Lower, Weighed Down by Oil
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U.S. stocks looked set to open lower  on Monday amid investor concern that high energy costs will  squeeze corporate profits and consumer spending.
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US stocks opened lower on Monday, as oil prices held above $55 a barrel, with the blue-chip Dow hitting a new low for the year as investors worry that high energy prices will dampen economic growth.
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U.S. stocks were seen opening  lower  on Thursday as rising oil prices and lackluster September sales  reports from retailers overshadowed a government report showing  a decline in weekly jobless claims.
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US STOCKS were knocked lower yesterday as investors worried that rising prices for oil and commodities would dent corporate profits, while drug shares fell on possible stricter scrutiny from regulators.
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Wall Street headed for a firm start on  Monday as oil fell below the $60 mark for the first time in six  months, but existing home sales data will dominate the  limelight as investors try to assess the extent of the U.S.  economic slowdown.
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Oil edged lower on Friday to around $59 a barrel after tumbling on a build in crude stocks, but trade was muted by a U.S. holiday.
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U.S. stocks are set to open lower on  Monday with oil prices climbing higher and Wall Street on edge  as the Republican National Convention gets underway in New York  City amid heightened security concerns.
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U.S. shares were expected to open lower  on Wednesday after crude oil pushed to a fresh high overnight,  while Web search engine Google Inc. dented sentiment as it  slashed the price range on its initial public offering.
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Oil fell to a six-week low on Tuesday, dragged lower by a stock market plunge and fears a slowdown in the United States could have a much wider impact than previously thought.
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U.S. stock futures pointed to a lower  market open on Wednesday as investors appear to be pulling back  after Tuesday's rally, with oil prices holding above $55 a  barrel.
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U.S. shares are expected to open weaker  on Tuesday, giving back some of the previous session's gains,  as oil rebounded above $61 a barrel and amid caution ahead of a  consumer confidence report.
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U.S. blue chips inched lower on  Tuesday afternoon as investors worried that oil prices, which  jumped to another record, will eat into corporate profits and  dampen consumer spending.
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Stocks were set to open lower on  Monday as oil prices rose to their highest in nearly a month,  increasing concern about corporate profits, and consumer  products company Colgate-Palmolive Co. CL.N warned about  earnings.
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U.S. stock futures pointed to a lower  market open on Monday, as oil prices hit another record,  fueling worries that soaring energy costs will bite into  corporate profits.
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U.S. shares are set to open lower on Tuesday as investor worries about economic growth threaten a tentative stock market recovery.
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US stocks looked set to open lower on Monday as oil prices approach record levels, fueling concerns that high energy costs are biting into corporate profits and consumer spending.
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U.S. stock futures pointed to a weaker  open on Monday as oil prices clawed back toward $50 a barrel,  and investors concerns about a weak dollar grew after a meeting  of rich and developing nations said nothing to arrest its fall.