Oil Dulls Reaction to Mergers

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& #8226; National

Surging oil prices left stocks little changed Monday as interest rate worries also diluted Wall Street’s enthusiasm over multibillion-dollar acquisitions in the banking and newspaper sectors.


The Dow Jones Industrial Average fell 0.32 (breakeven) to 11,076.02. The Standard & Poor’s 500 Index gained 2.55, or 0.2 percent, to 1,284.13. The Nasdaq Composite Index climbed 4.99, or 0.2 percent, to 2,267.03.


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& #8226; Local


Local movers were led by Stamps.com Inc., which gained 7.7 percent to $34.42, Occidental Petroleum Corp., which rose 2.4 percent to $92.25, and Guess Inc., which climbed 3.8 percent to $35.90. On the down side, UTI Worldwide Inc. fell 3 percent to $101.28, Guitar Center Inc. lost 3.2 percent to $46.79 and Keystone Automotive Industries Inc. slipped 3.1 percent to $44.49.

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