Prices Fall as California Energy Plan Lists Resources
California energy planning chief Bence Rubin said the existence of a list should not be interpreted as proof of imminent rationing. He noted it shows only feasibility, not certainty, per a report on New York AP.
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Market rally sputters as Dow gains 10 points on wavering energy fears
New York traders saw a two attempt rally on Wall Street with the Dow up about 10 points to 854.98 amid initial gains then a retreat as energy worries persisted. Analysts say the market is searching for a bottom while some investors fear missing a rebound and note low price earnings ratios not seen since the early fifties.
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Monte Gordon
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