Friday, March 4, 2011

US Stocks: Dow Tumbles Over 150 Points Amid Rising Oil

US Stocks: Dow Tumbles Over 150 Points Amid Rising Oil


Stocks shrugged off a handful of robust economic reports to extended losses Friday as oil prices jumped amid increased violence in Libya.

MAJOR U.S. INDEXES
12099.49
-158.71
-1.29%
2772.82
-25.92
-0.93%
0
1314.56
-16.41
-1.23%

The Dow Jones Industrial Average tumbled more than 150 points, led byHewlett-Packard [HPQ 42.20 -1.00 (-2.31%) ], DuPont [DD 53.25 -1.30 (-2.38%) ] and AmEx [AXP 43.39 -0.91 (-2.05%) ], a day after the markets posted its best one-day rise in three months in the wake of a robust report on jobless claims and falling oil prices.

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