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Global Equity Markets Firmer As Oil Stabilizes, Greece Gets Bailout Money

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World stock markets were mostly higher overnight. Crude oil prices are firmer today, which helped out the equities. Also, Greece's creditors approved another release of bailout money for the indebted country, which assuaged European investors. U.S. stock indexes are pointed toward slightly higher openings when the New York day session begins.

Gold prices are modestly up in pre-U.S. market trading, on a technical and short-covering bounce from solid selling pressure seen earlier this week.

In overnight news, Russia's central bank cut its key interest rate by 25 basis points. The Russian ruble rallied on the news.

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