Reserve Bank of New Zealand cuts rates for first time in 5 years Japan exports fall for first time in nearly 5 years American Time Zone: U.S. equities rose for a 2nd day U.S. stocks rose for a second day as oil retreated, lawmakers moved closer to shoring up the mortgage industry and earnings reports from AT&T Inc., Pfizer Inc. and Yahoo! Inc. eased concern that the profit slump will worsen. AT&T, the carrier for Apple Inc.'s iPhone, sent telephone stocks to the steepest gain in five years after adding more wireless customers than analysts predicted. The USD 4-a-barrel drop in oil boosted 28 out of 29 retail companies in the Standard & Poor's 500 Index. Fannie Mae and Freddie Mac jumped more than 10 % each after lawmakers reached a deal to bail out the largest providers of money for U.S. home loans. USD higher The dollar...
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