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March 18, 2005
You read it here first
European shares end flat
European shares ended little changed on Thursday as hopes for a cancer pill lifted drugmakers Novartis and Schering, but oil prices at new record highs and weak insurers restrained the advance.
European shares edged higher on Friday as near-record crude oil prices lifted oil producers, but gains were muted by fears that higher fuel costs will crimp consumer spending and corporate profits.
Posted by SoccerDad at March 18, 2005 5:20 AM
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