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Stocks Hop, Oil Leaps

Dow rise modest, oil rise fo' real

By Kevin Spak,  Newser Staff

Posted Jan 6, 2009 8:51 AM CST

(Newser) – Stocks turned upward at the open today, as traders hunted for bargains and signs of a recovery. The Dow rose 80 points, while the S&P and Nasdaq climbed 1% and 0.9% respectively. Oil, meanwhile, jumped $1.22 to $50.03 as a dispute...   Read full story »

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