US stocks mixed as oil prices fall

Wall Street was encouraged by a sharp drop in oil prices today and rebounded from its lows of Tuesday to close with just a narrow loss.

US stocks mixed as oil prices fall
Wed, 13 Oct, 2004 - 00:30

Wall Street was encouraged by a sharp drop in oil prices today and rebounded from its lows of Tuesday to close with just a narrow loss.

The market drew support from upbeat earnings news from Johnson & Johnson and Merrill Lynch.

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CourtsBusinessHeathrowPlace: USPlace: Wall StreetPlace: EuropePerson: Hugh JohnsonEvent: Columbus DayOrganisation: Wall StreetOrganisation: Johnson & JohnsonOrganisation: Merrill LynchOrganisation: International Energy AgencyOrganisation: Russian governmentOrganisation: YukosOrganisation: New York Mercantile ExchangeOrganisation: DowOrganisation: NasdaqOrganisation: First Albany Corp.Organisation: M&T BankOrganisation: General MotorsOrganisation: New York Stock Exchange
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