US blue chips skid as oil keeps rising
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NEW YORK : US shares ended mostly lower Thursday as oil prices kept moving higher despite news that US strategic reserves may be tapped to ease supply concerns.
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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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Blue chip stocks ended lower in the US last night under the impact of a new spike in crude oil prices. Analysts said confidence had also been hit by the bomb attack on a US consulate in Saudi Arabia.
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The looming US presidential election, pricier oil and mixed economic data left investors wary on Friday, with blue-chip stocks ending slightly higher, techs near
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U.S. blue-chip stocks fell  on  Thursday as disappointing earnings reports from companies  including Caterpillar, UPS and Amgen combined with higher oil  prices to turn investors cautious after two days of gains.
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The blue-chip Dow average fell to a  new intraday low for the year on Friday as oil prices climbed  to another record and Microsoft Corp. MSFT.O dragged on  stocks after the software maker's revenue forecast lagged  analysts' expectations.
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U.S. blue chips fell on Thursday after  reports of lackluster November sales at some retailers and a $1  drop in oil prices that sent energy stocks lower.
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U.S. blue-chip stocks fell  on Thursday to nearly a five-week low as crude oil flirted with last month's record high and a key gauge of future economic activity fell for a third straight month.
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U.S. blue chips edged down on Tuesday  as oil jumped to another record and government data on the  services sector showed that growth was slower than expected  last month.
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NEW YORK - US blue-chip stocks retreated on Wednesday as oil prices vaulted above US$43 a barrel while news that China intended to curb overheated growth in its airline sector hurt aerospace and defence stocks such as Boeing Co.
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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. stocks fell on Tuesday as crude  oil prices climbed to another record and data on the services  sector showed growth at a slower-than-expected pace in  September.
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US blue chips recovered ground on Friday after a fall in oil prices offset a profit warning from aluminum maker Alcoa Inc. (AA.N: Quote, Profile, Research) , while a tech
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US blue-chip stocks ended barely higher on Friday as a spike in oil prices to near record levels pared earlier gains and renewed concerns about the effect of high energy prices on consumer spending and corporate profits.
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Stock markets traded lower this afternoon as the price of crude oil shot up on the latest US supply report while investors were frustrated at a series of corporate earnings disappointments, warnings and downgrades.
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U.S. blue chips edged higher on Monday  helped by gains in economically sensitive stocks such as United  Technologies Corp. UTX.N and 3M co. MMM.N as oil prices  fell more than $1 a barrel.
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U.S. 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.