Friday, May 4, 2007

U.S. Stocks Pare Gains After Crude-Oil Prices Plunge; Dow Average Slips

(Bloomberg) -- U.S. stocks pared their gains after a plunge in oil prices drove energy shares lower.

The Dow Jones Industrial Average slipped 0.98 to 13,240.40 as of 12:40 p.m. in New York. The measure earlier climbed as much as 0.3 percent. The Standard & Poor's 500 Index added 1.07, or 0.1 percent, to 1503.46. The Nasdaq Composite Index rose 0.13 to 2565.59.


Read more at Bloomberg Stocks News

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