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Market Update : 
Oil Rises, Metals Decline, Averages Mixed
Author: 123jump.com Staff
123jump.com
Last Update: 4:17 PM EST February 02 2007


Broader averages closed mixed as employers added fewer jobs and wage increases slowed, reinforcing the Federal Reserve stance that the economy is expanding without fueling inflation. Asian markets closed higher helped by better outlook for American economic growth and lower inflation. European markets ended higher after a rally in retail stocks managed to offset sharp declines from auto and telecom equipment makers.

 

 

 

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