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U.S. stocks were hit hard out of the gate today by a spike in oil prices, but recovered late in the session after oil prices dipped. The Dow wiped out nearly all of its early losses, posting a dip of 4.79 points for the day to 10,077.18, after being down more than 65 points in morning trading. The N...

U.S. stocks posted modest gains in light trading today as shares edged higher across the board despite another surge in crude oil prices. The Dow Jones gained 26.77 points to close at 10,081.97 and the Nasdaq tacked on 8.79 points to finish at 1,928.76. The S&P 500 rose 2.25 points to 1,124.39....

Stock markets slumped heading into the weekend, after a weaker-than-expected jobs report disappointed many investors. The Labor Department reported that the economy added about 96,000 jobs in September, well below estimates that closer to 150,000 workers would be added to payrolls. The unemployment ...

More record-high oil prices, weak earnings reports and concerns in the pharmaceutical industry weighed heavily on stocks today, pushing the Dow Jones Industrial Average down by 114.52 points to 10,125.40. The price of November crude oil rose as high as US$53 a barrel in New York today before settlin...

Investors waited until late in the day and then moved into buying mode today, with stocks moving higher across the board despite another record-high price for oil. After trading near-flat most of the session, stocks rose in the final hour of trading, with the Dow gaining 62.24 points to close at 10,...

U.S. stock markets began the first full week of the fourth quarter with across-the-board gains, with tech stocks again slightly outperforming blue chips on Wall Street. The Dow gained 23.89 to close at 10,216.54, while the Nasdaq was up 10.20 points to finish the session as the day's biggest percent...

Blue Chip stocks took it on the chin today after drug maker Merck plunged on news that one of its key products was being pulled from the shelves, but tech shares managed to duck and weave their way to a modest gain. Merck shares plunged 25 percent after the company said it would pull its arthritis d...

The stock markets got a boost today from a dip in oil prices, a better-than-expected reading on overall economic growth and a blockbuster acquisition in the Internet space that helped tech stocks outperform the overall market. The Nasdaq turned in the best performance of the major stock averages, ri...

Shares of Google, the world's most-used Internet search engine, may continue to rise as the company boosts advertising revenue, research analysts at securities firms that underwrote Google's public offering said after they were cleared to publish reports on the company. Google, whose shares are up 4...

A rare bullish outlook from a major Dow company helped investors look past still-rising oil prices and become buyers in a late-day rally that sent stocks higher across the board. Heavy equipment maker Catepillar ignited the rally by saying that its 2004 sales would come in above previous forecasts. ...

Oil prices weighed heavily on U.S. stock markets today as investors were left to ponder not if but when oil will break the $50 barrier -- and what will happen as a result. Oil futures shot to new high levels, reaching $49.64 a barrel on the New York Mercantile Exchange, up 76 cents on the day. That ...

Another spike in oil prices squelched a would-be-rally on Wall Street today as the markets closed out a week many investors were eager to see come to a end. The Dow traded higher much of the day, but by the close managed to squeak out a gain of only 8.34 points for the session to close at 10,047.24....

A weak outlook for the economy and oil's continued march toward new record-high prices left U.S. stocks mixed today, with the Dow suffering a second straight day of sharp losses. The markets had news to digest, little of it good, after the Conference Board reported that the index of leading economic...

U.S. stock markets turned in their worst performance in nearly a month today as crude oil prices rocketed toward $50 per barrel and investors fretted over the future of corporate earnings. A day after taking the Federal Reserve Board's quarter-point rate hike in stride, the markets stumbled right ou...

Cingular Wireless, AT&T Wireless and Triton PCS today said that they have signed an agreement -- contingent on the closing of Cingular's acquisition of AT&T Wireless -- that will give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina and entry int...

Cingular Wireless, AT&T Wireless and Triton PCS today said that they have signed an agreement -- contingent on the closing of Cingular's acquisition of AT&T Wireless -- that will give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina and entry int...

Cingular Wireless, AT&T Wireless and Triton PCS today said that they have signed an agreement -- contingent on the closing of Cingular's acquisition of AT&T Wireless -- that will give Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina and entry int...

The Federal Reserve Board raised interest rates as expected today, boosting the overnight lending rate by a quarter-point. Stocks reacted to the news with a modest late-day rally. The Federal Open Market Committee raised the federal funds rate to 1.75, marking the third time this year that rates hav...

Another day of rising oil prices, an apparently imminent rate hike by the Federal Reserve and corporate earnings warnings conspired to drive stocks lower Monday. The Fed is widely expected to continue its recent rate hike pattern by boosting a key rate by another quarter-point on Tuesday. If it come...

Roche, Genentech and OSI Pharmaceuticals today announced positive results from a phase III study of investigational drug Tarceva (erlotinib) in locally advanced or metastatic pancreatic cancer patients. The study met its primary endpoint of improving overall survival. This study demonstrated a stati...