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Reuters: Wall St set to drift lower as oil rebounds on Iran

Started by chris, July 09, 2008, 12:41:07 PM

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chris

Wall St set to drift lower as oil rebounds on Iran
      


(Reuters) - Stock futures point to a weaker opening on Wednesday, as U.S. crude resumes its rise amid mounting political tensions after Iran says it had test-fired missiles that could reach Israel and U.S. bases in the region. Crude, which shed $5 on Tuesday, rises $1 to above $137 a barrel on Tuesday.
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