Small Gains, Led by Energy Shares, Ahead of the Election
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Blue-chip stocks ended higher yesterday, helped by gains in energy companies, although investors showed caution before next week&#39;s presidential election.
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U.S. shares headed for a flat to mildly  higher opening on Friday amid a thin corporate and economic  diary and as oil prices just below $60 a barrel were likely  both to boost energy shares and fan inflation worries.
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OIL prices eased, trimming gains from a US$1 rally the previous day following President George Bushâs US election victory. US light crude eased 19 cents to $50.
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Stock index futures pointed to modest gains on Monday after the previous session's sell-off as a major buyout deal looked set to advance.
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F you&#39;re worried about the nation&#39;s energy future, you can take heart in the positions of both major parties&#39; presidential candidates.
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Interest rates are on the way up but borrowers who have been biting their nails in anticipation of a rise can rest easy - until after the federal election, at least, when the sharemarket is also likely to move higher.
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U.S. retail gasoline prices rose close to &#36;2 a gallon on Friday, near their record, intensifying the spotlight on sizzling energy costs ahead of the presidential election.
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Stocks edged up slightly on Friday, capping a week in which a downturn in oil prices helped investors mount a modest rally despite the looming uncertainty of the presidential election
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Political headwinds are likely to batter this oil producer's results.
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European stock markets advanced slightly in morning deals after gains by rival global indices, while energy majors benefited from a brief surge in crude prices, dealers said.
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Oil may cost as much as 10 percent less next year if US Democratic challenger Senator John Kerry defeats President Bush in Tuesday&#39;s election, some energy analysts said on Monday.
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With the price of oil and natural gas at nosebleed levels, you might imagine that energy policy would be a high priority in the current presidential campaign.
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There's momentum ahead, despite this quarter's soft numbers.
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Oil has leapt back above $50 as President George W. Bush edges towards US election victory, a result which traders. say will bolster fuel demand and underpin anxiety over security of Middle East supply.
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THE local stock market was trading steady today with a number of companies going ex-dividend and investors a little nervousness ahead of the federal election.
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Oil prices made fresh gains on Friday after leaping almost $2 a day earlier the US government said crude stocks sank for the sixth straight week last week and distillate fuels barely grew ahead of winter.
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A win by Democratic challenger John Kerry in next week&#39;s US presidential election may give stocks a lift, if history is any guide.