Stocks Mixed on Volatile Oil Prices

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Volatile oil prices kept stocks mixed Monday, even as crude futures briefly pushed past $58 per barrel in early trading. Oil’s move higher overshadowed ChevronTexaco Corp.’s $16.4 billion bid for Unocal Corp.


In midafternoon trading, the Dow Jones Industrial Average rose 19.42, or 0.2 percent, to 10,423.72. The Standard & Poor’s 500 Index was up 1.17, or 0.1 percent, at 1,174.09. The Nasdaq Composite Index dropped 2.14, or 0.1 percent, to 1,982.67.


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