Stocks and U.S. Dollar Down; Oil and Gas Up

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M30o93H7pQ09L8X1t49cHY01Z5j4TT91fGfr Stocks and U.S. Dollar Down; Oil and Gas Up
Published: Wed, March 12, 2008 - 9:11 pm
Last Updated: Wed, March 12, 2008 - 9:21 pm
Stock prices slipped back today after
yesterday's huge rally. The Dow lost 46 points, while the S&P fell
11 points and the Nasdaq composite dropped nearly 12 points.

The drive to higher ground continued for oil and
gasoline prices today. Light, sweet crude for April delivery rose
$1.17 to settle at a record $109.92 a barrel on the New York
Mercantile Exchange.

The dollar fell against most major currencies
today. That includes the new low against the euro, going for $1.55.


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