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Stocks fall amid worries about oil prices

4 years ago March 04, 2011 Mar 4, 2011 Friday, March 04 2011 Friday, March 04, 2011 10:45:55 AM EST in News
Source: Associated Press

 

NEW YORK - Stocks are falling in midday trading as worries about another jump in oil prices overshadow a solid report on the U.S. job market.

Crude oil rose more than 1 percent on Friday to trade above $103 a barrel, its highest level since September 2008.

Markets have been rattled over the past two weeks as higher oil prices threaten to undermine the economic recovery.

 

 

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