Stocks rise as oil eases on Rita relief
Reuters - Stocks rose on Monday as oil prices fell and shares of insurers gained, with investors relieved that Hurricane Rita caused less damage than expected.
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Stocks Up, Rita Damage Less Than Feared
AP - Stocks rose in a relief rally Monday as hurricane damage to Gulf Coast refineries appeared to be less than feared and oil prices declined.
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TSX down as oil retreats, NY markets higher on relief about hurricane
Canadian Press - TORONTO (CP) - The Toronto stock market moved lower Monday morning as oil prices retreated after damage from hurricane Rita to U.S. Gulf Coast oil and refining installations turned out to be much less than feared.
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Rita, No Katrina, May Boost U.S. Stocks
AP - To say Hurricane Rita wasn't "that bad" obviously minimizes the loss of life and immense damage suffered along the Texas and Louisiana coasts. But from the stock market's point of view, Rita was no Katrina. And that may bode well this week for Wall Street.
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Dollar seen stronger on Rita relief
Reuters - The dollar and Treasury yields could move higher on Monday after Hurricane Rita mostly spared Texas oil refiners, and crude and gasoline prices slipped, analysts said.
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Friday's Wall Street Glance
AP - Dow Jones Industrials
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Yen jumps after China widens bands
Reuters - The yen jumped against the dollar and rallied against the euro on Friday, on kneejerk buying after China said it was widening the daily trading band for the yuan against non-dollar currencies.
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Corn: NYSE's Biggest Loser
The Motley Fool - With blood running in the streets, is it time to buy Corn Products?
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Nikkei sags on oil, hurricane worries
Reuters - Tokyo's Nikkei ended down 0.28 percent on Thursday after concerns that Hurricane Rita could drive oil prices higher and further dampen the U.S. economy prompted investors to cash in recent winners such as Millea Holdings Inc. T>
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Dow Loses 103, Nasdaq Falls 25 on Rita
AP - A hike in oil prices sent stocks sharply lower Wednesday as traders worried about the damage that Hurricane Rita might wreak on Texas refineries. The Dow Jones industrial average lost more than 100 points.
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