Higher oil and Portugal weigh on Wall Street (Reuters)

Wednesday, March 9, 2011 7:01 AM By dwi

NEW YORK (Reuters) – Stocks lapse at the unstoppered on weekday as Brent crude prices continued to stitch up on intensified conflict in Libya and after a stick auction in Portugal failed to assist concerns the country would need a bailout.

The Dow Jones industrialized cipher (.DJI) dropped 19.07 points, or 0.16 percent, to 12,195.31. The Standard & Poor's 500 (.SPX) lapse 3.40 points, or 0.26 percent, to 1,318.42. The Nasdaq Composite (.IXIC) lost 16.25 points, or 0.59 percent, to 2,749.52.


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