Slumping stocks...Soaring oil futures...FDA takes a look at Singulair NEW YORK (AP) - Stocks turned in their second straight loss today, dragged lower by tech issues following a disappointing revenue growth report from Oracle. The Dow industrials finished with a loss of 120 points, the Nasdaq composite index was down more than 43 points and the S&P 500 dropped 15 points.

NEW YORK (AP) - Oil futures closed higher today on supply concerns raised by the bombing of an Iraqi pipeline. Light, sweet crude for May delivery rose $1.68 on the New York Mercantile Exchange to close at $107.58 a barrel.

Washington (AP) The Food and Drug Administration says it is looking into a possible link between the allergy drug Singulair and suicide. Drug maker Merck has updated the label of its best-selling product four times in the past year to include information on tremors, anxiousness, depression and suicidal behavior reported in some patients.

NEW YORK (AP) Delta Air Lines is trying once again to raise its fares. FareCompare.com says the carrier has raised its fuel surcharge by $10 round-trip. It tried a similar hike last week, but that effort failed after most other airlines failed to follow suit.

NEW YORK (AP) - The dollar rose against the euro and the pound in New York trading today after the Commerce Department confirmed that the economy continued to grow, although weakly, as 2007 ended.

The price of gold inched lower, closing at $948.80 an ounce.

(Copyright 2008 by The Associated Press. All Rights Reserved.) APNP 03-27-08 1631CDT | save this article / add to your favorites list