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Market Update : 
Rise in Oil Failed to Keep Buyers from Stocks
Author: 123jump.com Staff
123jump.com
Last Update: 4:33 PM ET July 01 2005


Broad rally though weak by the end of the day kept investors in the buying mood throughout the day. While oil dropped in the morning hours but during the final hours clocked a sizable gains as worried traders took positions for the long weekend. While Asian markets closed mixed the European markets had a positive closing as oil was still in decline at the mid-day in NY trading.

 

 

 

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