Stocks dip as protests in Egypt intensify

By ASSOCIATED PRESS
February 3, 2011 21:53




NEW YORK — Stocks dipped Thursday as concerns over violent protests in Egypt weighed against better-than-expected economic news in the US.

Clashes continued in Egypt between pro- and anti-government demonstrators, leaving some analysts worried about their impact on oil-rich countries throughout the Middle East like Saudi Arabia.

"That's the fear," said Peter Cardillo, chief market economist at Avalon Partners.


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