Summary Box: Libya, H-P sink stocks

AP News
Posted: Feb 23, 2011 4:50 PM
Summary Box: Libya, H-P sink stocks

LIBYA: Unrest in Libya sent oil up 3.5 percent to nearly $99 a barrel, its highest price since October 2008. Energy companies in the Standard & Poor's 500 index rose 2 percent, the only gain among its 10 company groups.

H-P DISAPPOINTS: Technology stocks fell after Hewlett-Packard Co., a bellwether for the group, gave a disappointing revenue forecast for the current fiscal year.

THE INDEXES: The Dow Jones industrial average lost 107.01 points to 12,105.78. The S&P 500 fell 8.04 to 1,307.40. The Nasdaq fell 33.43 to 2,722.99.