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DJIA hits three and three-quarter year high
Tuesday was a rather dull day in global financial markets, light on economic news and with more waiting on some finality in the Greek debt drama. The Dow Jones Industrial Average, up 0.3% for the day,...
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Stock prices resume rally on more good economic news
U.S. stocks rebounded on Thursday, propelled by a rally in bank stocks and some positive economic news. Among the Big 3 U.S. stock market averages, the NASDAQ Composite Index was the day’s best gainer,...
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Stocks close a strong week little changed on Friday
U.S. stocks closed Friday little changed, holding onto their 2%+ gains for the week. Both the Dow and the NASDAQ indexes closed in slightly negative territory Friday, while the S&P 500 tacked on...
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Slight decline in home sales reported, stocks end little changed
Blue-chip stocks spent much of Wednesday in the red but ended narrowly mixed. The Dow Jones Industrial Average was once again the laggard market benchmark, losing 0.4%, while the S&P 500 and the...
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Weaker oil, metal prices send stocks lower for a second day
Stocks closed lower for a second straight day Wednesday, dragged down by lower energy and commodities prices, with all three major U.S. indexes falling about 0.5%. Within the S&P 500, stocks in the...
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Stocks mostly lower Thursday but off morning’s lows
Thursday was the third day in a row of declining stock prices, but the major market averages are still ahead for the week thanks to Monday’s big gains. For the third day in a row, the S&P 500...
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Weak jobs report hits stock prices
Today’s disappointing Labor Department payroll report sent stock prices down sharply in the U.S. and Europe. For the second month in a row, the net number of new jobs created in the U.S. economy came...
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Greece is the word in Monday’s markets, but “Grexit” is a close second
U.S. stocks opened the middle week of the second quarter with losses of 1% as worries about Greece’s future within the euro heightened. While fallout from J.P. Morgan’s $2 billion trading loss...
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Spanish bailout rally fizzles
Enthusiasm for the weekend bailout package for Spain’s beleaguered banks lasted less than an hour into the U.S. trading session on Monday, and stocks ended with big losses. Over the weekend, Spain...
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Stocks continue higher in light pre-holiday trading
Stocks rose in sedate, pre-Fourth-of-July trading, with the S&P 500 rising 0.6% to a two-month high. The Dow Jones Industrials also climbed 0.6% Tuesday to an eight-week high, and NASDAQ gained...
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More good housing news lifts stocks
Stocks got a mild lift Wednesday from additional validation of the housing market recovery story and new stimulus measures by the Bank of Japan. Sales of existing homes rose 7.8% in August to an...
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Stocks fall as Europe simmers
Growing unrest in Europe helped to bring down global stock and commodity prices on Wednesday. On the plus side, U.S. stocks didn’t fall nearly as hard as they did in the rest of the world. The NASDAQ...
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Upbeat economic reports lift U.S. stocks
U.S. stock indexes posted gains on Wednesday, mainly due to upbeat economic reports on jobs and the service industry. The NASDAQ Composite had the day’s biggest gain, rising 0.5%, slightly ahead of the...
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Hurricane Sandy shuts U.S. stock markets
For the first time since Hurricane Gloria hit on Sept. 27, 1985, U.S. equity markets were closed for an entire day due to weather as Hurricane Sandy was poised to hit the Northeast. The closing was...
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Stocks start the week little changed
The U.S. bond market was closed in observance of Veteran’s Day, and the stock market might as well have been. Equities see-sawed in a narrow band between positive and negative territory throughout...
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Stock prices rise along with Friday’s drifting snow
A surprisingly good report on U.S. international trade in December helped pave the way for a 0.7% rise in the S&P 500 Friday in trading that was relatively light as a result of what newscasters are...
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Stocks dive as commodity prices plunge on weak China GDP
Stocks fell sharply around the globe on Monday following a broad decline in commodities, led by gold, which plunged more than 10%. The S&P 500 and NASDAQ dropped more than 2.3% each while the Dow...
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Stocks end mixed as AT&T and P&G disappoint
U.S. stocks were largely higher on Wednesday although the major indexes closed mixed. Both the S&P 500 and NASDAQ reached their highs of the day around 3:00 but fell in the last hour, ending the...
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Fed announcement fails to lift stocks
The Federal Reserve’s announcement that it plans to keep its asset-purchase plan in effect for the foreseeable future, and might even increase it if necessary, failed to rescue stock prices on...
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Stocks end with modest losses despite late rally
A late rally failed to push U.S. stocks into the green on Tuesday and stocks finished with slight losses. Stocks had been up about 0.5%, reaching their peak around noon time, before starting to...
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