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U.S. Stocks Rise; Deere, Whole Foods Drop |
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Author: 123jump.com Staff
123jump.com
Last Update: 11:40 AM EDT May 14 2008
U.S. stocks advanced in the morning trading as inflation measure showed a smaller than expected rise in April. Monthly inflation rose at 0.2% according to the government. However most consumers feel the pain of rising food and energy costs. Deere & Company fell after earnings rose 22%. Whole Foods dropped 10% after quarterly earnings declined. Markets in Europe, Asia and Mexico traded higher. |
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