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Stocks trade lower after Microsoft pulls Yahoo bid



By TIM PARADIS, AP
05 May 2008 @ 10:39 am EST

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MSFT 21.5 -0.8
YHOO 12.29 -0.36
DT 12.16 -1.2
S 3.57 -0.19

SYMBOL LOOKUP

Crude oil futures for June delivery rose $2.84 to $119.16 a barrel on the New York Mercantile Exchange, boosted by news of an attack on a Nigerian oil facility. Crude oil had spiked more than $3 a barrel on Friday, and some analysts are concerned the commodity will surge back above its record near the $120-a-barrel level.

Gold prices also climbed Monday, while the dollar traded mixed against other major currencies.

Overseas, Japan's and Great Britain's markets were closed. In afternoon trading, Germany's DAX index rose 0.13 percent, and France's CAC-40 rose 0.08 percent.

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