Stock market news is downbeat as traders, investors worldwide worry about rising oil prices, slowing growth.
Stock market in Britain, Germany are down, while futures point to dip at open of US stock market.
Unfounded rumors, such as one that a besieged Qaddafi plans to destroy Libya's oil wells, drove oil prices above $100 a barrel Wednesday before closing at $98.10. It all means higher gasoline prices for consumers.
Oil prices rose to $95 a barrel and stocks fell about 1 percent by midday. The surge in oil prices boosted oil company stocks.
Stock rally: NYSE and Nasdaq see advancing stocks outnumber declining ones while S&P 500 doubles in record time. Dip in stock rally causes investors to buy into market leaders.
Stock exchange saw losses for a second straight day after weak retail report.
Stock prices climb Monday in Asia and Europe. Stock prices expected to rise in the US.
The Dow Jones average closed at 12040.16 Tuesday. Crossing the 12000 level might encourage investors to spend more money.
Energy stocks are up, and crude oil prices have risen to $92 a barrel.