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Market Update : 
Weak Oil Lifts Averages at Opening
Author: Elena Todorova
123jump.com
Last Update: 10:11 AM EDT September 08 2006



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Stock markets advanced modestly at opening, lifted by a sharp decline by crude oil prices, helping to offset inflation worries. Investors were also digesting news that another home builder cut its profit outlook. Lennar lowered its Q3 earnings guidance, joining Beazer Homes and Hovnanian Enterprises.

 

 

 

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