Oil concerns leave stocks mixed in US

Oil supply concerns and broker downgrades of blue-chip companies left stocks mixed today, raising doubts that Wall Street’s year-end rally would continue.

Oil concerns leave stocks mixed in US
Mon, 06 Dec, 2004 - 21:39

Oil supply concerns and broker downgrades of blue-chip companies left stocks mixed today, raising doubts that Wall Street’s year-end rally would continue.

Brokerages lowered their ratings on three Dow Jones industrials components - Pfizer, Alcoa and Verizon Communications – illustrating the difficulties many companies may have in posting strong profits in 2005.

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