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Archive Home > 2008 > July > 23 > Oil drops; stocks jump

Oil drops; stocks jump


July 23, 2008

NEW YORK — Wall Street shook off early doldrums and closed sharply higher Tuesday after another drop in oil prices encouraged investors to set aside financial sector worries and go bargain hunting across the market. The Dow rose 135.16, or 1.18 percent, to 11,602.50.

Stocks initially....

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