Oil and Economy Cloud Stocks' Outlook
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Soaring crude prices plus worries about the economy and the outlook for earnings are expected to hang over the stock market this week during the depth of the summer doldrums.
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NEW YORK - 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's jobs creation report at the end of the week.    With rising energy costs threatening to dent consumer spending and corporate profits in the period ahead, oil and jobs have competed for the attention of traders on Wall Street...
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Oil prices up toward &#36;45 a barrel are likely to mar sentiment on Wall Street on Wednesday, but solid earnings from software giant Oracle  looks set to support the technology sector.
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NEW YORK - Stocks were narrowly mixed Wednesday as investors digested a jump in the second-quarter gross domestic product, while keeping a close eye on falling oil prices.    Investors saw the Commerce Department report, which said the nation's GDP grew 3.3 percent from April to June, as fairly good news, with a few caveats...
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Investors will watch for oil news from  Russia and Iraq this week, but skepticism that crude prices  will stay sky-high is growing and a break in the energy market  would fuel a rally in the U.S. stock market.
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NEW YORK - U.S. stocks are expected to be in a cautious mood at the open Monday, as investors remain edgy about the latest fluctuation in the price of oil...
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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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NEW YORK - A fresh upturn in oil prices left stocks mixed Friday even as a satisfactory report on durable goods orders provided new evidence that the economy might be gaining traction. Downbeat outlooks from a pair of microchip makers weighed on tech stocks...
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NEW YORK - A slowdown in economic growth and oil prices hovering around $48 per barrel renewed Wall Street's fears of disappointing third-quarter earnings Thursday and kept stocks mixed.    In late morning trading, the Dow Jones industrial average fell 49.70, or 0.5 percent, to 10,059.48, one day after the index lost more than 135 points...
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TORONTO (CP) - Early indicators were mixed for North American stock markets Thursday as investors weighed the impact of rising oil prices and awaited major corporate earnings reports and employment data.
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NEW YORK - Stocks were narrowly mixed Tuesday as oil prices remained higher and Wall Street weighed a lackluster report on retail sales, but light volume showed that many investors remained on the sidelines.    With Hurricane Ivan threatening oil rigs in the Gulf of Mexico, crude futures moved higher for the second straight day, but the possibility of an increase in output from OPEC took the edge off investors' concerns...
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Wall Street looked set for a mixed start  on Thursday as oil prices remained near two-week highs and  investors braced for a clutch of economic data and earnings  from high-profile firms like Goldman Sachs GS.N and Nike  NKE.N.
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Stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in the tidal wave of earnings due next week and the other on the threat surging oil prices pose to the economy and profits.
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NEW YORK (CBS.MW) -- US stock futures are pointing to a mixed open Wednesday as the positive impact of a report showing stronger-than-expected second-quarter growth in the US economy was offset by concern oil could surge above $50 a barrel on inventory
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U.S. stock futures pointed to a higher market open on Wednesday, with oil dipping below &#36;49 a barrel and a batch of economic data on tap.
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NEW YORK - U.S. stocks are seen in a watchful mood at the open Thursday as investors weigh oil's latest push higher and digest the latest flurry of third-quarter profit reports...
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Heading into the heart of earnings season next week the expected results look robust, but a slowing of future profit growth and the impact of surging oil prices on the economy could conspire to hold down stocks.