U.S Market Update |
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- Markets opened higher this morning despite the worse-than-expected September jobs reading as investors focused on improving prospects for the House to pass the financial rescue bill and Wells Fargo's offer for Wachovia. Oil approached multi month lows near $91 before recovering after 8:30, and gold is about flat for the day after being down as low as $822. The credit markets have not come out of the freezer and the fear remains palpable: today's three-month USD LIBOR fixing is 4.33% compared
Filed under: Fundamental
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