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US stock indexes edge lower in early trading; oil slides

US stock indexes edge lower in early trading; oil slides

U.S. stock indexes edged lower in early trading Thursday as investors pored over the latest crop of company earnings news. Telecom services and consumer staples companies were down the most. Oil prices were also headed lower. The stock market is coming off a three-day winning streak. KEEPING SCORE: The Dow Jones industrial average fell 39 points, or 0.2 percent, to ...

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US stocks jump following another surge in oil prices

US stocks jump following another surge in oil prices

NEW YORK (AP) — U.S. stocks are climbing Friday morning as the price of oil jumps for the second time in three days. Energy companies are getting a boost and mining and metals companies are also posting gains. Retailers are struggling after some weak sales reports. KEEPING SCORE: The Dow Jones industrial average rose 141 points, or 0.8 percent, to ...

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Stocks drift, US crude up 52 cents in early trade

Stocks drift, US crude up 52 cents in early trade

U.S. stocks drifted between small gains and losses in early trading Monday as investors pored over the latest batch of company deal news. Materials and energy stocks were among the biggest decliners. The market is coming off its fifth straight week of gains. KEEPING SCORE: The Dow Jones industrial average slipped 10 points, or 0.1 percent, to 17,592 as of ...

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Dow positive for 2016, oil closes above $40

Energy stocks rise, oil reaches highest price this year

NEW YORK (AP) — Oil closed above $40 a barrel and another surge in U.S. stocks Thursday turned the Dow Jones industrial average positive for the year and wiped out its losses from a terrible start to 2016. The price of gold and silver and oil jumped, boosting materials and energy companies. The dollar continued to weaken, boosting industrial companies ...

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Energy stocks rise, oil reaches highest price this year

FILE - In this Aug. 8. 2011 file photo, a Wall Street sign hangs near the New York Stock Exchange, in New York. Global shares rose Friday, March 11, 2016 with Europe off to a strong start as investors reassessed an unexpectedly wide array of stimulus measures announced a day earlier by the European Central Bank.(AP Photo/Jin Lee, File)

NEW YORK (AP) — U.S. stocks moved little in Thursday morning trading. Drug company stocks continued to slump, pulling health care companies lower. Energy and mining company stocks rose as the price of oil, gold and silver climbed. KEEPING SCORE: The Dow Jones industrial average rose 27 points, or 0.2 percent, to 17,352 as of 10:05 a.m. Eastern time. The ...

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US stocks open higher, oil may have bottomed out

US stocks open higher; oil may have bottomed out

NEW YORK (AP) — Stocks are opening sharply higher on Friday following a rally in Europe and an upturn in crude oil prices. All 10 industry sectors of the Standard and Poor’s 500 index rose, led by energy company shares. Anadarko Petroleum rose 6.5 percent and Devon Energy gained 8 percent. KEEPING SCORE: The Dow Jones industrial average climbed 175 ...

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US stocks edge higher, oil prices drop

us stocks, oil, prices

NEW YORK (AP) — More positive earnings surprises from U.S. companies are helping send stocks higher in early trading. European stocks rose after the European Central Bank announced more stimulus measures and oil prices fell after making gains yesterday. KEEPING SCORE: The Dow Jones industrial average climbed 67 points, or 0.4 percent, to 17,068 as of 10:19 a.m. Eastern time. ...

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EIA forecasts short-term energy output

EIA forecasts short-term energy output

The U.S. Energy Information Administration released its short-term energy outlook Tuesday. The report forecasts oil and natural gas production for the next two years. North Sea Brent crude oil prices averaged $32 per barrel, a $1 increase from January prices. Brent crude prices are predicted to average $34 in 2016 and $40 in 2017. The forecast reflects higher –than-expected oil ...

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US stocks rising as crude oil prices get lift

US stocks rising as crude oil prices get lift

NEW YORK (AP) — Stocks are turning higher in early trading Wednesday on strong earnings reports and a rise in crude oil prices. Several energy companies are rising sharply after getting a beat-down the day before. Oil-rig operator Transocean is up 5 percent. KEEPING SCORE: The Dow Jones industrial average rose 40 points, or 0.2 percent, to 17,004 as of ...

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