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The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news.

Continue reading Stocks Plunge as Oil Nears $100 a Barrel and Gold Hits Record High

Stocks Plunge as Oil Nears $100 a Barrel and Gold Hits Record High originally appeared on DailyFinance on Tue, 01 Mar 2011 16:20:00.

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