By InTheMoneyStocks on April 1st, 2010 9:25am Eastern Time
The U.S. Dollar index declines 0.20 cents at 8:30 am EST after the initial claims report. The weaker dollar will usually benefit the stock market as most commodity and inflationary stocks will rise. Oil is at a new high for the year this morning trading above 84.00 dollar a barrel as the dollar has slid more than a point this week so far. The falling dollar can be viewed as one of the main catalysts for this mornings rise in the futures.
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