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Market Update : 
Oil, Gold, World Markets Rise
Author: 123jump.com Staff
123jump.com
Last Update: 4:00 PM EDT July 06 2007

U.S. averages staged a rebound in the afternoon trading lifted by takeover news, steady bond yields, and speculation on earnings. June payroll data showed healthy gains. CBOT Holdings and Chicago Mercantile Exchange gained after CME revised its offer third time to $11 billion. Retailers in the U.S. and Japan rallied. In Asian trading Shanghai surged nearly 5% and Brazil, India, Indonesia, Hong Kong and South Korea closed at record levels. Oil traded near $73 per barrel. Gold climbed.

 

 

 
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