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Politics : PRESIDENT GEORGE W. BUSH

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To: Kenneth E. Phillipps who wrote (630637)9/22/2004 3:57:00 PM
From: Bald Eagle  Read Replies (1) of 769670
 
Morgan, oil slam down market
Investors try to get a grip on a big earnings miss from Morgan Stanley. Oil doesn’t help, moving above $48 per barrel. Where is the yield curve heading?

Morgan Stanley (MWD, news, msgs) and oil prices hit the stock market with a one-two punch this morning. Stocks dropped sharply after a rare broker-dealers earnings miscue and crude futures gushed higher after a larger-than-anticipated fall in inventories. See why:

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