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The Closing Bell: Wall Street Takes A Breather After Two-Day Rally
FYI: U.S. stocks paused Thursday after two days of strong gains as crude prices retreated from $50 a barrel and investors brushed off better-than-expected economic reports. Meanwhile, utility stocks rebounded fiercely, a good sign that U.S. interest rates aren’t likely to rise swiftly amid the dull economic recovery. Regards, Ted WSJ: http://www.wsj.com/articles/global-stocks-steady-rising-oil-prices-buoy-energy-sector-1464248385
