Stocks fall as earnings forecasts spark market pullback
Wall Street extended losses on Friday after downbeat forecasts from eBay and Sun Microsystems weighed on tech shares. Dow fell 69.93 to 9721.79 while S&P 500 slid 10.75 to 1039.32 and Nasdaq declined 37.78 to 1912.36 amid mixed weekly results and earnings worries.
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Stephen Massocca
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DoubleClick
NYSE
LE Gainers
Last
Chillusacius
Xcelera Lembricp
Weider
LynchCp Ledgiann
Poagica FedAgric
MSC. Sit O
Servotr CapPcHl
McMoRn
SmithWest
Zarinko
GIA Bbc
SunMicro
IGM H
Microsoft
Nortelay
iSh
Japan
Oracle
EMC Cp Pfmzar
al BemaGold
Rideon
Qatar and Exxon Mobil sign $12 billion LNG deal
Qatar Petroleum and Exxon Mobil sign a 12 billion dollar LNG agreement to supply 15.6 million tons per year from RasGas I to the United States for 25 years starting 2008 or 2009. Exxon owns 30 percent, Qatar Petroleum 70 percent.
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Qatar Petroleum
Exxon Mobil
Doha, Qatar
Exxon Mobil Corp
Qatar
United States
Abdullah bin Hamad al
Harry Longwell
Crude oil futures fall below $31 a barrel in NY
Crude oil futures plunged about 3 percent to settle under $31 a barrel in New York marking the first drop below that level in a week. EIA reported a 3.8 million barrel build raising inventories to near one‑year highs, while analyst comments split on whether the move reflects fundamentals or market overhang.
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Washington
Commerce Department
New York
The
Federal Energy Information
James Steel
Reico
DeCarlo Larry
ABN Amro
New York Mercantile Exchange
Brent
London
International Petroleum Exchange
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