Oil Hits $122; Stocks Decline

May 6 - U.S. stocks headed lower for the second day in a row spooked by record high oil prices and as results from Fannie Mae kept pressure on the financials.

U.S. stocks erased a sharp rally as oil prices closed above $100 a barrel for the first time. 2/2008 Reuters

Oil jumped past $100 a barrel on the first trading day of the year, sending stocks to a first... 1/2008 Reuters

U.S. stocks fell early Tuesday as investors continued to worry about corporate profits and... 4/2008 Reuters

Asia stocks were mixed on Wednesday with oil prices a key factor as Japan returned from a long holiday. Japan's benchmark Nikkei edged up 0.4 percent (14102.48) as resource-related shares jumped...

Asia stocks were mixed on Thursday with investors turning their attention to a rising worries over fuel supply in the region. Japan's Nikkei ended 0.6 percent lower (14,341) on concerns about the...

U.S. stocks crept higher on Monday with energy shares buoyed by record oil prices and moods... 4/2008 Reuters

Falling oil prices led to a rally in airline stocks and technology shares. 5/2008 Reuters

U.S. stocks rallied in early Monday trade as a stronger dollar sent oil prices reeling by as... 7/2008 Reuters

US stocks began the trading week higher after a rise in the dollar pushed oil below last... 5/2008 Reuters