OIL AND EBAY

U.S. Stocks Fall as Oil Prices Climb to Record; Retailers Drop
June 20 (Bloomberg) -- U.S. stocks fell as oil prices traded near a record of more than $59 a barrel, stoking concern energy costs may slow profit and economic growth.

``Oil prices going up and up is definitely going to slam the economy into reverse,'' said n, who oversees $5 billion as chief investment officer at Boston Advisors Inc. ``Lower stock prices are certainly expected from higher oil prices.''

Retailers paced the decline. Shares of EBay Inc. dropped after the Wall Street Journal reported Google Inc. plans to offer an electronic payment service that would compete with EBay's PayPal unit.

**note, there is NO direct correlation between direction of price of oil and stock market.

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