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COPYRIGHT 2006 Voxant, Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
DYLAN RATIGAN, CNBC ANCHOR: Well, real or imagined, dollar weakness today putting some more pressure on the overall market. Today, you can see the average is above my head here. The Dow off 160, the biggest one-day decline since July of this year. Last week, the dollar declined, and some would argue hope that it will rally in a couple of sectors, namely materials and energy. It was a holiday shortened week, but still materials are up 2.7 percent in those 3 1/2 trading days. Energy not far behind, 1.7 percent the advance there.
You know oil prices have been moving up by a touch these past few days. Here to sort it out for us and more importantly to tell you if there`s more money made in those sectors, John Manley, managing director Miss Smith Barney Private Client.
What`s going on? What`s going...
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