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Nervous Investors Pocket Gains

Description:Blue chips narrowly avoided their first triple-digit loss of 2012 with investors finding a reason to do some profit taking. Higher energy costs were one of the factors. Fear of a disruption to Iranian oil exports escalated after Iranian state television showed President Mahmoud Ahmadinejad visiting a nuclear power plant in Tehran. Crude oil closed near $102 a barrel. Also, Wall Street pulls back as Apple ends 8-day winning streak, and no unanimity at Federal Reserve. (1:49)

Source: Reuters

Tags: Nervous Investors Pocket Gains , apple news , crude oil prices , federal reserve news