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UK Market Update Archive: 
FTSE 100 Rises 1.9%
Jul 07, 3:26 PM EDT
Commodity stocks drove the market upwards on speculations that the stocks were oversold in the previous trading sessions.
Stocks in UK fell despite a government report that showed UK manufacturing unexpectedly fell in the three months to May as machinery and equipment industries lost ground. In addition, a report released today by KPMG and the Recruitment and Employment Confederation indicated that permanent staff placements fell the most in five years.
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