Stocks dip as Iraq fight shadows solid GE and Yahoo earnings
Investors focus on the Iraq crisis despite GE and Yahoo posting in line with estimates. The Dow fell 38.12 points to 10,442.03 as volume remained light during aHoliday-shortened week. Analysts warned it's early in earnings season and market direction hinges on more reports.
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Oil price gains as funds return to market
Oil closed higher as institutional investors stepped back in amid expectations of tighter crude and gasoline supplies in the United States. May light crude settled at 37.14 a barrel, Brent at 33.34, gasoline at 1.1508 a gallon, and heating oil at 92.54 cents.
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