Saturday, October 27, 2007

After Friday's rally, watch the Fed

The Dow closes up about 135 points; crude oil briefly tops $92. Gains for Microsoft and Countrywide fuel the rally. Traders expect the central bank to cut rates again next week -- and trouble if the Fed doesn't. Reports suggest Merrill Lynch CEO O'Neal could be ousted.

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[Source: MSN Money Latest Articles]

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