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    Chesapeake Energy  stock is slumping by 2.65% to $7.34 in midday trading on Wednesday, as lower oil prices weigh on stocks within the energy and oil sector. Crude oil is falling by 1.43% to $44.76 per barrel this afternoon, and Brent crude is down by 0.89% to $49.12 per barrel, according to the CNBC.com index.

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    Shares of Marathon Oil (MRO) were falling 2.9% to $16.37 Wednesday as oil prices continued falling for a second day. WTI crude oil for October delivery was 4.05% to $43.57 a barrel Wednesday morning, and Brent crude oil for October delivery was down 2.99% to $48.08 a barrel. Oil prices were falling after U.S. crude inventories increased more than expected last week, according to Reuters.

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    By Sam Forgione NEW YORK, Sept 2 (Reuters) - Investors in U.S.-based mutual funds pulled $11 billion out of stock funds in the week ended Aug. 26, data from the Investment Company Institute (ICI) showed on Wednesday, as concerns over slowing growth in China sent stock markets tumbling. The outflows from stock funds were the most since early October 2012, according to the data from ICI, a U.S. mutual fund trade organization. Funds that specialize in U.S. shares posted $9.8 billion in outflows, while funds that mainly hold foreign stocks recorded $1.2 billion in withdrawals. The outflows from funds that specialize in U.S. stocks were the biggest in six weeks and continued a streak of outflows that began in late February, while the withdrawals from international-focused stock funds were the first of the year and the biggest since last December. Investors pulled $12.1 billion from bond funds for the fifth straight week of outflows and the biggest withdrawals since early October 2014. Alan Lancz, president of investment advisory firm Alan B. Lancz & Associates Inc in Toledo, Ohio, attributed the outflows from bond funds to investors' desire to raise cash and concerns of a possible Federal Reserve rate hike this year or in early 2016. Hybrid funds, which can invest in stocks and fixed income securities, posted $4.3 billion in outflows, their biggest since mid-November 2011. "China has a big influence on global growth and the turnaround since the financial crisis. With the lessening of that engine of growth and with the U.S. still fairly anemic by historical standards, it definitely concerns investors," Lancz said. The benchmark S&P 500 sank 6.7 percent over the weekly period. Europe's FTSEurofirst 300 of top regional shares tumbled 8.3 percent over the period. The following table shows estimated ICI flows for the past five weeks (all figures in millions of dollars): 8/26/2015 8/19 8/12 8/5 7/29 Total equity -10,989 -543 1,626 -3,672 -1,423 Domestic -9,789 -5,199 -2,274 -7,250 -5,220 World -1,200 4,656 3,900 3,578 3,798 Hybrid* -4,270 -360 -394 -541 -779 Total bond -12,072 -2,284 -2,659 -4,410 -4,798 Taxable -11,357 -2,334 -2,649 -4,305 -4,706 Municipal -715 50 -10 -105 -91 Total -27,331 -3,187 -1,426 -8,624 -6,999 *Hybrid funds can invest in stocks and/or fixed income securities. (Editing by Jennifer Ablan and Jeffrey Benkoe)

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     Seadrill stock is down 4.77% to $7.18 in mid-day trading on Wednesday, after a rise in U.S. crude inventories caused oil prices to decline. WTI crude is falling 4.29% to $43.46 per barrel, while Brent crude is declining 3.03% to $48.06 per barrel, according to the CNBC.com index.

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    U.S. interest rates should be raised this month, but Federal Reserve policy makers have only made it harder on themselves to finally pull the trigger, according to bond-market heavyweight Bill Gross. Gross also recommends that investors keep plenty of cash or "near cash" on hand as global turmoil plays out and as the Fed's Janet Yellen sorts out her game plan for lifting rates for the first time in nearly a decade. A move by the Fed is poised to be "labeled' too little, too late,'" said Gross,...

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     Oasis Petroleum stock is decreasing by 5.66% to $9.84 in mid-day trading on Wednesday, as an increase in U.S. crude inventories drives oil prices down. WTI crude is down 4.21% to $43.50 per barrel, while Brent crude is declining 2.7% to $48.22 per barrel, according to the CNBC.com index.

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    Denbury Resources  stock is down by 3.15% to $3.54 in early afternoon trading on Wednesday, amid lower oil prices after data showed U.S. crude stockpiles unexpectedly increased. Crude stockpiles were higher by 4.7 million barrels in the U.S. last week, compared to analysts' expectations of 100,000 barrels, according to Energy Information Administration data released today.

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    Schlumberger shares are down 1.56% to $74.24 in afternoon trading on Wednesday as falling crude prices take their toll on oil prices today. Industry standard Brent crude for October delivery is down 1.65% to $48.74 per barrel. Oil prices are falling after government data showed that U.S. crude stockpiles rose unexpectedly by 4.7 million barrels last week, the largest one-week increase since April.

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     Transocean shares are slumping 3.87% to $13.18 Wednesday afternoon with falling oil prices as federal data shows crude inventories increased last week due to higher imports, Reuters reports. Crude oil is decreasing 3.68% to $43.74 per barrel and Brent crude is dropping 2.87% to $48.14 per barrel, according to the CNBC.com index.

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    * Stock rebound from steep selloff on Tuesday. * Ambarella's forecast drags on stock and GoPro. * Navistar falls on possibility of SEC lawsuit. * Indexes up: Dow 0.73 pct, S&P 0.55 pct, Nasdaq 0.8 pct. By Tanya Agrawal.

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    Shares of Denbury Resources (DNR) were falling 2.3% to $3.57 Wednesday as oil prices continued falling for a second day. WTI crude oil for October delivery was down 3.04% to $44.03 a barrel Wednesday morning, and Brent crude oil for October delivery was down 1.59% to $48.77 a barrel. Oil prices were falling after U.S. crude inventories increased more than expected last week, according to Reuters.

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    Shares of Whiting Petroleum (WLL) were falling 2.3% to $17.75 Wednesday as oil prices were falling for a second day in a row. WTI crude oil for October delivery was down 2.42% to $44.31 a barrel Wednesday morning, and Brent crude oil for October delivery was down 1.11% to $49.01 a barrel. Oil prices were falling after U.S. crude inventories increased more than expected last week, according to Reuters.

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    Shares of Ensco (ESV) were falling 4.8% to $16.12 Wednesday as oil prices were falling for a second day in a row. WTI crude oil for October delivery was down 2.86% to $44.11 a barrel Wednesday morning, and Brent crude oil for October delivery was down 1.72% to $48.71 a barrel. Oil prices were falling after U.S. crude inventories increased more than expected last week, according to Reuters.

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    Shares of Noble Corp. (NE) are falling by 4.25% to $12.16 on Wednesday morning, as oil prices continue yesterday's decline, this time on an unexpected rise in U.S. crude stockpiles. Crude oil is slumping by 2.40% to $44.32 per barrel this morning and Brent crude is lower by 1.13% to $49 per barrel, according to the CNBC.com index.

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    BP shares are down 1.15% to $31.75 in morning trading on Wednesday as oil prices reversed its earlier rally and began trading down. Industry standard Brent crude for October delivery is down 1.13% to $49 per barrel. Oil prices are falling after government data showed that U.S. crude stockpiles rose unexpectedly by 4.7 million barrels last week, the largest one-week increase since April.

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     Petrobras stock is declining by 3.53% to $4.51 in mid-morning trading on Wednesday, after U.S. oil prices dropped following the weekly inventory report. WTI crude is down 2.36% to $44.34 per barrel, while Brent crude is falling 0.99% to $49.07 per barrel, according to the CNBC.com index.

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     Petrobras stock is down by 1.38% to $5.34 in mid-morning trading on Wednesday, as U.S. oil prices fall ahead of the weekly inventory report. WTI crude is falling by 0.11% to $45.36 per barrel, while Brent crude is increasing by 0.77% to $49.94 per barrel, according to the CNBC.com index. Analysts surveyed by Reuters are expecting U.S. crude oil stocks to be flat for the past week.

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    * US private sector added fewer-than-expected jobs in August. * Ambarella falls as Q3 revenue forecast misses expectations. * Navistar falls on possibility of SEC lawsuit. * Indexes up: Dow 1.15 pct, S&P 1.03 pct, Nasdaq 1.03 pct. By Tanya Agrawal.