US stocks rise as oil prices dip

ft.com     08-Aug-2008            

By Jeremy Lemer in New York Wall Street stocks rose on Friday, and were poised for a second week of modest gains, as a dip in oil prices offset weak results and a dividend cut from Fannie Mae, the embattled mortgage giant. Financials are also likely to come into focus as some of the companies at the heart of the credit crisis report... [read full story]                    


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