Blue Chips Down, Hurt by Exxon Downgrade
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U.S. blue-chip stocks were knocked lower on Thursday after Exxon Mobil Corp.  was downgraded by a brokerage, but the technology-dominated Nasdaq index rebounded from Wednesday's sharp decline.
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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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US stocks ended lower on Monday in a quiet trading day as a sharp drop in the price of oil knocked down shares of energy-related companies such as Exxon Mobil Corp.
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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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US blue-chip stocks fell on Thursday to nearly a five-week low as crude oil touched $49 a barrel, close to the record set last month, and a key gauge of future economic activity fell for a third straight month.
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U.S. stocks fell on Tuesday, with crude oil extending a decline and weighing on energy stocks, while a chip maker's earnings warning hurt the tech sector.
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Blue chips advanced in light trading on Monday as crude oil prices fell 2.2 percent and data showing growth in manufacturing lifted shares of General Electric Co.  and other large industrial companies.
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U.S. blue chip stocks closed lower on  Thursday, snapping a two-day winning streak, as disappointing  earnings from companies such as Caterpillar Inc. CAT.N put  pressure on the Dow.
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U.S. blue-chip stocks edged higher on Monday helped by about $77 billion in takeover deals, but the S&P 500 faltered as a drop in oil prices hurt energy stocks and the Nasdaq fell as investors grew worried about the sustainability of technology profits.
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U.S. blue-chip stocks fell on Thursday  as disappointing earnings from companies including Dow  component Caterpillar and higher oil prices dampened the mood  on Wall Street after two days of advances.
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U.S. blue chips trimmed earlier gains  on Monday after a report showed an unexpected drop in November  construction spending, while a brokerage downgrade of Sun  Microsystems SUNW.O hurt the tech-heavy Nasdaq.
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Stocks moved lower on Thursday as a  brokerage downgrade on the oil sector, including Exxon Mobil  Corp. XOM.N, weighed on the market.
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U.S. blue chips ended slightly lower  on Wednesday after crude oil climbed above $44 a barrel,  renewing fears that high energy costs would cut into corporate  profits.
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U.S. blue chips ended lower on Monday  after a disappointing sales forecast from the world's biggest  retailer, Wal-Mart Stores Inc. WMT.N, overshadowed a two-day  pullback in oil prices.
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UK blue-chips closed lower, with mining and oil stocks weighing on the FTSE 100, while losses on Wall Street added to investors concerns.
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U.S. blue chips were lower on Thursday  after drug company and Dow component Merck & Co.MRK.N said it  was withdrawing a key drug, casting a dark mood over the market  as oil prices remained above $49 a barrel.
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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 had quarterly reports that  disappointed investors, while oil prices hovering at $55 per  barrel sparked fresh worry about higher corporate energy costs.