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NEW YORK (AP) — U.S. stocks fell broadly in early trading Wednesday after the release of weak U.S. economic reports. Oil prices rose, helping drillers and other energy companies move higher. Eight of the 10 industry sectors of the Standard and Poor's 500 index were lower, led by telecommunications companies.
FRANKFURT, Germany (AP) — German luxury carmaker BMW increased its profits in the first quarter thanks to strong demand for its expensive SUVs and higher sales in the U.S. and Britain as well as in a recovering European market.