Stocks Finish Lower

Higher oil prices and warning signs in quarterly earnings from major tech and telecom stocks drive the major indexes down

Stocks finished lower Friday as crude oil futures hit a record high before leveling off at $55.17 a barrel. The increase was driven partly by strength in heating oil and natural gas, as demand increases for the winter season, according to Standard & Poor's MarketScope. A strong earnings report from Google was not enough to outweigh lukewarm earnings and outlooks from major tech and telecom companies, which dragged down the tech-heavy Nasdaq.

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