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July 6, 2012

Equities Close Week Red Even As Hilsenrath Prevents Rout

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A 10 point rally off the lows, thanks to a well-timed Hilsenrath-rumor, dragged stocks up to their day-session opening levels (and unsurprisingly perfectly to VWAP) and while bonds/FX/spreads all limped along with stocks in the last hour, broad risk assets were not as excited by the rumors as the... FF News: Fundamental

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