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London stocks outperformed their peers Wednesday, buoyed by weakness in the pound after British inflation dived to a one-year low, while oil prices jumped to a fresh three-year high.Annual British inflation slowed unexpectedly to 2.5 percent in March from 2.7 percent in February, prompting market talk that the case for early Bank of England interest rate rises may be starting to fall apart.Among individual companies, IBM slumped 7.5 percent, pushing the Dow into negative territory, after it projected full-year earnings of "at least $13.80" a share, which was below many analysts' expectations.
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