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Stocks advance as oil falls, dollar advances
by AP (Posted 05-12-2008 08:45 PM) [View Discussion | Join Discussion | Rate Thread ]

NEW YORK (AP) - Wall Street rose sharply Monday as a rising dollar cooled some concerns about inflation and helped keep oil prices in check. The Dow Jones industrials at times gained more than 120 points. The dollar's advance against other major currencies appeared to help ease some concerns about inflation. A weak dollar can exacerbate price increases, especially since hard commodities like oil become more attractive to investors seeking a hedge against inflation....

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