Wednesday, 27 June 2007

US blue chips trim losses as energy shares recover

(Reuters) - U.S. blue-chip stocks pared losses on Wednesday after energy stocks, including Exxon Mobil Corp., turned positive on data showing a surprise drop in weekly U.S. gasoline supplies.

The Nasdaq rose, helped by Oracle Corp. after the world's third-largest software company reported a higher quarterly profit. For details, see ID:nN26384527.


Read more at Reuters Africa

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