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Market Update : 
Commodities Support
Author: Elena Todorova
123jump.com
Last Update: 12:12 PM EDT June 14 2006



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Stocks bounced higher in early trading as investors shrugged off a higher reading on inflation data, prompting another Fed Reserve interest rate increase. In another report the Department of Energy''''s EIA said that crude oil inventories fell by 900,000 barrels for the week ended June 9, while gasoline inventories showed a week-over-week increase of 2.8 million barrels.

 

 

 

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