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U.S. Stocks Struggle; Records in Oil and Gold |
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Author: 123jump.com Staff
123jump.com
Last Update: 5:13 PM EST March 03 2008
U.S. stocks recovered in the late afternoon after the markets in Europe closed lower. Resurgent oil, metal, and agriculture commodities lifted select stocks. In the morning, manufacturing index showed a decline in February. ATM Network operator Diebold rejected a hostile offer from United Technologies. Thornburg Mortgage plunged 53% after it failed to meet its margin call on reverse mortgage securities. |
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