Stock Watch: Dow Sheds 107 Points After Gm Report, Rise in Crude Oil Prices

The Columbian › October 15, 2004

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Summary

NEW YORK - Investors sent stocks falling sharply for a second straight day Thursday as crude oil prices surged near $55 per barrel and General Motors Corp.'s earnings disappointed the market. The Dow Jones industrial average, having fallen 153 points over two days, dropped back below 10,000.

Crude oil futures continued a record-setting trend Thursday, with prices reaching $54.90 per barrel in intraday trading.

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Stock Watch: Dow Sheds 107 Points After Gm Report, Rise in Crude Oil Prices

"The biggest thing that would help the markets right now would be a sustained ...

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