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Market Update : 
Techs Drive Late NY Rally; Europe, Asia Lower
Author: 123jump.com Staff
123jump.com
Last Update: 4:49 PM EDT June 27 2007

Falling interest rates, rising tech stocks and crude oil all impacted market averages in New York. May durable goods orders fell more than expected. Financial, brokerage stocks rose again as traders put aside sub-prime lending worries for a day. Oracle, Nike and ConAgra report better than expected earnings. European markets close lower on rate hike worries. Brazil, Argentina and Mexico rebounded. Shanghai bucks the regional trend and closed up. Australia lost 2%.

 

 

 
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