Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn’t help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel down by 1.6%.
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Stocks Fall as Oil Prices Rise and Tech Weighs originally appeared on DailyFinance on Mon, 07 Mar 2011 16:15:00.
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