Wall Street stocks fall sharply on surging oil prices
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Wall Street stocks tumbled Fridayas crude oil futures topped 55 dollars per barrel and tepid earnings from Microsoft Corp. and the Coca-Cola Co.
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U.S. stocks fell on Friday after a  major global chip maker sparked concerns about weakening  consumer demand, and crude oil rose above $60 a barrel for the  first time in a month.
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Oil prices fell sharply yesterday in what traders described as a wave of profit-taking after futures hit a new high above $55 a barrel and after gasoline futures fell sharply on indications of declining demand.
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Stocks fell sharply  on Wednesday  after oil prices jumped more than a dollar and a U.S.  government review questioned home finance company Fannie Mae's  FNM.N accounting methods.
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Oil futures fell Friday as a rebound on Wall Street sputtered, reigniting energy investors' fears of a severe economic slowdown.
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U.S. stocks were lower on Wednesday as  oil climbed to $44 a barrel, which outweighed strong earnings  reports and a major telecommunications merger.
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NEW YORK - Investors saw a major surge in oil prices and disappointing earnings from Morgan Stanley as a chance to collect profits Wednesday, sending stocks substantially lower. The Dow Jones industrial average dropped nearly 130 points...
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Wall Street stocks traded sharply lower Friday after Federal Reserve Chairman Alan Greenspan gave a warning over the nation&#39;s spiraling trade deficit.
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NEW YORK - Nervous investors, wondering when surging oil prices will start to fall, pushed stocks lower Monday as a barrel of crude topped $55 per barrel, yet another record.    Wall Street's mood also fell as 3M Co...
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Stocks fell on Wall Street Tuesday as investors worred that a huge jump in wholesale prices, spurred by rising oil prices, could ripple through the economy.
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Stocks dropped sharply on Friday as recession worries mounted after data showing weak job growth in December and rising unemployment.
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US stocks fell on Thursday, hit by a sharp drop in technology shares following a slew of sales warnings from semiconductor makers, and as oil prices rose nearly $1 a barrel.
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US stocks slid on Friday after oil hit a record $53.40 a barrel, while surprisingly weak September jobs data touched off a rally in the bond market.
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Oil prices fell sharply on Monday in what traders described as a wave of profit-taking sparked by a steep decline in gasoline futures.
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INVESTORS sent stocks sharply lower today as oil prices continued their climb higher and new questions about the safety of arthritis drugs pressured pharmaceutical stocks.
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U.S. stocks fell sharply on Friday as  investors were jolted by a more than $2 increase in oil prices,  while Federal Reserve Chairman Alan Greenspan gave a stark  reminder that interest rates were bound to go higher and warned  the appetite for the dollar would dwindle.
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NEW YORK - A sharp drop in oil prices gave Wall Street a small relief rally Monday, with stocks regaining ground after falling earlier in the session.    While oil prices topped $55 per barrel in pre-market trading, the latest production report from OPEC - showing oil production at 25-year highs - deflated futures trading substantially...