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Opening Glance: Aerospace and defense shares rise

By Associated Press
July 7, 2008 | Comments (0)

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Shares of aerospace and defense companies rose Monday morning, as lower oil prices and strength in the dollar gave stocks a lift.

Oil prices fell as much as $5 per barrel, and the dollar mostly gained strength against other currencies.

Early results in the aerospace and defense sector included the following:

Precision Castparts Corp., up $3.15, or 3.3 percent, to $97.45.

Goodrich Corp., up 81 cents to $47.07.

Boeing Co., up 77 cents to $65.24.

United Technologies Corp., up 68 cents to $61.73.

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