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Special Device Help Prevent Suddent Infant Death

Special Device Help Prevent Suddent Infant Death

Researchers from Germany's Fraunhofer Institute for Reliability and Microintegration IZM in Berlin has developed a new breathing sensor system that help prevent Sudden Infant Death Syndrome (SIDS). This syst...

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University Installs Grass Lawn in School Library

University Installs Grass Lawn in School Library

Cornell University has built a grass lawn inside their school library as a part of a project of their institution's Department of Design and Environmental Analysis. The department is currently conducting a r...

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Wash Your Clothes in a Portable Washing Machine [Video]

Wash Your Clothes in a Portable Washing Machine [Video]

Meet, the Scrubba, a portable washing machine, in form of a bag. This wash bag, allows people to do their laundry, on-the-go. The Scrubba is a lightweight, foldable bag that features small nodules to help sc...

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Fart-Deodorizing Underwear Sold in Japan

Fart-Deodorizing Underwear Sold in Japan

Thanks to Japan's new invention, the Deoest underwear, extreme farters can now release their foul smelling gas and prevent people near them from fainting. It is a fart-deodorizing underwear, created by Profe...

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US Stock Surges, Oil Price Drops

Written on March 04, 2011 by Japhet Writ

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U.S. stocks posted their best day in three months on Thursday, as Wall Street rallied behind a strong unemployment claims report together with a modest drop in energy prices.

Last Thursday, US stocks posted their best day in three months. The surge in US stocks is due to a re-surging jobless claims and modest drop in energy costs, specifically the oil price. The Dow Jones increased to 191 points at the preliminary close, while S&P 500 and Nasdaq added 22.5 and 51 points respectively. The gains were the best blue chip indicator this year, and the largest since 2011.

Last Thursday’s improvement was fairly held steady for the whole day. And although AT&T dropped to 0.1%, 20 of Dow Jones’ members gained more than 1%. Wall Street’s bulls rallied behind more than the expected weekly jobless claims report, showing the number of people who petitioned for benefits dropped to its lowest since May 2008. In addition to this, the oil price fell to 40 cents per barrel. That is after the news that Libyan leader, Moammar Gadhafi, might agree to a peace negotiation mediated by Venezuela’s Hugo Chavez.

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