Oil-Price Decline Looms as New Stock-Market Boogeyman – Wall Street Journal (subscription)

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Tumbling oil prices are emerging as the latest threat to the long stock-market rally.

U.S. stocks set records in the first half of the year, bolstered by steady economic growth world-wide and the best quarterly earnings among S&P 500 companies in nearly six years. Energy companies are expected to provide the biggest boost in earnings growth of the broad index’s 11 sectors this year, according to analysts surveyed by FactSet,…