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Crude Oil Rises Sharply; Manhattan Associates Shares Slide

1. U.S. stocks rose with the Dow up 150 points. 2. Energy shares surged by 2%, indicating sector strength. 3. Consumer inflation expectations remained steady at 3% for January. 4. Oil traded up 1.7% to $72.22, impacting energy sectors. 5. Asian markets closed mostly higher, reflecting global bullish trends.

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FAQ

Why Bullish?

The rise in energy shares and oil prices positively affects BNO, a Brent oil ETF.

How important is it?

Rising oil prices and strengthened energy sector directly influence BNO's performance.

Why Short Term?

The immediate market reactions indicate short-term benefits for BNO due to rising oil prices.

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