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Jara sang
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Mon Aug-08-05 04:26 PM Original message |
| Fear & Greed |
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Dance monkeys! Dance!
 Stocks slumped Monday, as record high oil prices unnerved investors, one session before an expected interest-rate hike. Warnings of militant attacks in Saudi Arabia, and worries about refinery outages in the United States sent oil soaring to a record high. Meanwhile, the central bank's policy makers are meeting Tuesday and are widely expected to boost short term interest rates for the 10th consecutive time. |
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