Crude futures up 6%, topping $50; gold up 7%, silver 13%
Thursday, August 20th, 2009Crude futures up 6%, topping $50; gold up 7%, silver 13%
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Crude futures up 6%, topping $50; gold up 7%, silver 13%
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Stock futures were lower on Monday after the financial crisis appeared to deepen in Europe, heightening worries about a global economic slowdown.
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Stocks were poised for another slump Friday, after the monthly employment report showed massive job losses and ahead of the House revote on the Wall Street bailout bill.
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Stock futures pointed to a positive start Thursday after President Bush addressed the nation on the seriousness of the economic crisis, seeking support for his $700 billion bailout proposal.
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Gold futures reclaim $1,000-an-ounce mark in safe-haven buying
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