were weaker than expected for March, and jobless claims edged above expectations. That could ease fears about the Fed taking an aggressive stance on interest rates when it meets in early May.
The Labor Department said producer prices rose 2.7% in the year through March, versus expectations for a 3% increase.
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Oil stocks rise unexpectedly on SPR release, weak exportsU.S. crude inventories rose unexpectedly last week, the Energy Information Administration said on Wednesday, helped by release of oil from the U.S. government emergency reserve as well as weaker levels of export. Hahaha, Hahaha
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