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Stocks Recover From Early Drop, Oil Rises; Treasuries Pare Gain

Posted on June 17, 2010 by bp complaints

Stocks Recover From Early Drop, Oil Rises; Treasuries Pare Gain
U.S. stocks recovered most of an early drop as BP Plc’s plan to put billion into a fund to pay damages from the Gulf of Mexico oil spill eased concern about the company’s future. The dollar and Treasuries pared gains and oil rallied on lower refinery operating rates.
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