TheNewsRoom | Stocks lifted by economic hopes

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Stocks lifted by economic hopes

March 20, 2008

The rout in the commodities market continued as investors curtailed winning gold and oil positions in order to build cash reserves.In a Reuters exclusive, an eBay spokeswoman said the Online auctioneer will trim its global workforce.Nike shares rallied after posting a 32 percent jump in quarterly profits.Conway Gittens reports from New York.Conway Gittens reports from New York.