Blue Chips Fall on Merck Recall, Crude Up
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U.S. blue chips fell on Thursday after  drug company Merck & Co.MRK.N said it was withdrawing its key  arthritis drug Vioxx, while relentless oil prices floated back  to $50 a barrel.
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U.S. blue chips recovered ground on  Friday as falling oil prices offset a profit warning from  aluminum maker Alcoa Inc.  AA.N, while a tech rally was  fueled by software maker Oracle Corp. ORCL.O
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U.S. blue-chip stocks retreated on  Wednesday as oil prices vaulted above $43 a barrel while news  that China intended to curb overheated growth in its airline  sector hurt aerospace and defense stocks such as Boeing Co.  BA.N.
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U.S. blue chips ended slightly lower on Wednesday after crude oil climbed above &#36;44 a barrel, renewing fears that high energy costs would cut into corporate profits.
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U.S. blue-chip stocks declined to the  lowest level in more than a month on Thursday as crude oil  prices touched $49 a barrel and renewed concerns that high fuel  costs will erode corporate profits.
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U.S. blue-chip stocks fell  on  Thursday and crude oil prices touched $49 a barrel as traders  saw a possible oil loan from U.S. government reserves as too  small to make up for supply disruptions caused by Hurricane  Ivan.
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Blue chips closed lower after Wall Street fell back in reaction to stronger crude prices.
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U.S. blue chips were nearly unchanged  on Monday as a drop in oil company shares on sharply lower  crude prices offset reports of strong holiday sales from some  retailers.
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U.S. stocks futures tumbled on  Thursday after drug company Merck & Co. MRK.N announced it  was recalling a key drug, indicating the market would open  lower.
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Merck & Co. MRK.N on Thursday said  its third-quarter profit fell, hurt by big charges for the  recall of the company's Vioxx arthritis drug in late September  after it was linked to heart attacks and strokes.
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U.S. blue chip stocks rose on  Wednesday, helped by drugmaker Merck & Co. Inc. MRK.N, but  technology stocks were weaker as results from tech bellwether  Cisco Systems Inc. CSCO.O disappointed Wall Street.
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The blue-chip Dow Jones average fell  on Thursday after drug maker Merck & Co.MRK.N withdrew its  widely used Vioxx painkiller after evidence showed the drug  could increase risk of heart attack and stroke.
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U.S. blue-chip stocks fell on  Wednesday after Honeywell International Inc. HON.N and J.P.  Morgan Chase & Co. JPM.N disappointed investors with  quarterly reports, and high oil prices rekindled worries about  the impact on profit margins.
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U.S. blue chips slid back into the red  on Wednesday as oil company shares fell on a report showing an  unexpected rise in U.S. oil inventories last week, which drove  oil prices lower.
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U.S. blue chips fell on Wednesday as a  steep decline in commodity prices and lower crude oil dented  shares of Alcoa Inc. AA.N and Exxon Mobil Corp.XOM.N,  outweighing strong earnings from McDonald's Corp. MCD.N.
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U.S. blue chips were little changed on  Thursday as a continued drop in oil prices boosted investor  sentiment but the technology-packed Nasdaq was lower after a  brokerage cut its forecast on the semiconductor industry.
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The latest jump in oil prices to over $55 a barrel pushed stocks down yesterday, with blue chips falling to their lowest levels this year.