Wednesday, February 20, 2008

Stocks fizzle as oil hits $100





Feb 19 - U.S. stocks erased a sharp rally as oil prices closed above $100 a barrel for the first time.The Dow shed 10 points to 12,337. The S&P 500 lost more than a point to 1,348. The Nasdaq lost 15 points to 2,306. Crude oil surged to $100.01 a barrel.Reuters Video