Stocks dip as protests in Egypt intensify

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.