Thursday, November 1, 2007

Fed cuts rates again; Dow jumps 138

The central bank trims its key federal funds rate to 4.5% to shore up a slowing economy. Stocks initially slip but then push higher. Crude oil jumps over $94; energy stocks rise. Google tops $700 for the first time; Microsoft hits a six-year high.

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[Source: MSN Money Latest Articles]

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