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Mark Pare
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U.S. equity markets pared huge overnight losses after traders gobbled up stocks shortly after a gap lower opening. Investors jumped on the opportunity to buy cheaper stocks following the dramatic sell-off in global equity markets over the Thanksgiving holiday. Equity markets were driven lower in Asia and Europe after debt problems were reported in Dubai. This large corporation known as Dubai World allegedly asked for a $59 billion debt...
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NEW YORK | Stocks slipped from 13-month highs in light trading Tuesday as gains in health care companies helped offset drops in financial and industrial stocks. The Dow Jones industrial average fell 17 points a day after climbing by 133. The market strengthened in afternoon trading as the Federal Reserve released minutes from its latest meeting, during which it pledged to keep rates low for the foreseeable future and said inflation remained at...
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From kansascity.com
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Investors waiting for earnings reports to flow in traded cautiously Monday, giving up early gains and leaving the market narrowly mixed. The Dow Jones industrials reached a new 2009 trading high, edging closer to 10,000.Volume was light because of the Columbus Day holiday. Bond markets were closed and there were no economic reports.A weaker dollar and a spike in oil prices above $73 drove energy and materials prices higher, but weakness in...
From myrtlebeachonline.com
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- Stocks pare gains as higher crude boosts energy (dailynews.com)
- U.S. stocks pare gains; higher crude boosts energy (winnipegfreepress.com)
Oct. 15 (BusinessWire) – New Zealand shares pared earlier gains, with the NZX 50 Index ending the session marginally higher, after inflation data stoked expectations the Reserve Bank will raise interest rates sooner and Australia’s central bank ...
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From scoop.co.nz
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HONG KONG (Reuters) - South Korean and Indian shares fell on Tuesday after Australia's interest rate hike showed that stronger Asian economies were starting to reverse emergency stimulus policies, hitting markets seen as likely to lift rates.
From reuters.com
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- South Korea, India Shares Pare Gains on Aussie Rates (search.msn.com)
