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Reuters: Earnings fears on high oil offset credit optimism

Started by chris, April 07, 2008, 11:01:03 PM

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chris

Earnings fears on high oil offset credit optimism
      


NEW YORK (Reuters) - Stocks were little changed on Monday as rising oil prices stoked fears that corporate profits will suffer, overshadowing optimism about the easing of the credit crisis on news that Washington Mutual Inc was close to securing a $5 billion investment.
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