Thursday, April 10, 2008

Oil adds to Wall St angst




Apr 9 - U.S. stocks fell on Wednesday after oil touched a record $112 a barrel and a warning from United Parcel Service added to profit and economic jitters. The Dow fell 49 points to 12,527. The S&P 500 lost 11 points to 1,354. The Nasdaq shed 26 points to 2,322. Crude oil settled at record of $110.87 a barrel. Conway Gittens reports.