U.S Market Update |
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- Equity markets are churning higher this morning as traders weigh the positive tone set by Warren Buffet's stake in Goldman, as well as prepare for another day of Congressional testimony from Bernanke and Paulson on the government bailout plan. Speculation is rife over the final shape and eventual timetable for passing the legislation, with multiple players making a variety of comments on the bill. Natural gas is down 2%, while crude is off early highs around $108. Buffet's big investment in
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