DENVER - Falling crude prices weighed down shares of global energy producer Williams Cos. Monday.
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Light, sweet crude for September delivery fell $3.69, or 2.9 percent, to settle at $121.41 a barrel on the New York Mercantile Exchange on news that consumer spending fell in June, as shoppers faced higher prices for gasoline, food and other items.
Tulsa, Okla.-based Williams Cos. stock fell $2.02, or 6.4 percent, to $29.74 Monday. Shares have traded in a 52-week range of $26.82 to $40.75.
U.S. stocks were mixed on Thursday after retailers reported mostly disappointing sales while other big-name companies announced layoffs and Europ...
China markets opened lower on Tuesday morning as the investors' confidence hit by the signals that global recession are deepening.
The markets have spoken: risk aversion is still the name of the game and that was obvious since the beginning of the week.


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