Markets
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World markets perk up despite grim economic news
Jan 01, 2009 10:00 pm - LONDON -- World stock markets rose Friday despite further grim economic news, though trading volumes remained light with many traders not back at their desks until next ...
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Asian stock markets open 2009 mostly higher
Jan 01, 2009 10:00 pm - HONG KONG -- Asian stock markets opened 2009 mostly higher Friday, with Hong Kong's benchmark up more than 2 percent, as shares in commodities and telecom companies adva...
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Americans increase mutual fund ownership, ICI saysJan 01, 2009 10:00 pm - Americans increased their mutual fund ownership in 2008 to the highest level in seven years, even as the U.S. economy fell into a recession. Households owning shares of ...
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Oil trading around $46 a barrel
Jan 01, 2009 10:00 pm - HOUSTON -- One year ago Friday, crude prices eclipsed $100 a barrel for the first time, a day largely lost to history because of the year that followed. In the first tra...
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Street looks to '09 with relief after terrible '08
Dec 31, 2008 10:00 pm - NEW YORK -- The last trading day of 2008 on Wall Street provided a merciful end to an abysmal year -- the worst since the Great Depression, wiping out $6.9 trillion in ...
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Beverage shares fall but fare better than market
Dec 30, 2008 10:00 pm - NEW YORK -- Shares of beverage makers tumbled this year, but not as much as the broader market as consumers still reached for soft drinks such as Coca-Cola, Pepsi and be...
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Stocks extend advance in year's final session
Dec 30, 2008 10:00 pm - NEW YORK -- Wall Street has had a merciful end to a dreadful year as stocks closed the last session of 2008 with a moderate advance. The Dow Jones industrials are up 109...
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Crude ends volatile year below $45
Dec 30, 2008 10:00 pm - COLUMBUS, Ohio -- Oil prices jumped 14 percent on New Year's Eve, capping a year that saw prices soar to unprecedented heights only to give up four years of gains in jus...
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Wall Street closes up on GMAC news
Dec 29, 2008 10:00 pm - NEW YORK -- Wall Street staged a big advance in the next to last session of 2008 Tuesday after Washington's latest lifeline to the auto industry bolstered hopes that the...
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Oil falls on housing, consumer news
Dec 29, 2008 10:00 pm - COLUMBUS, Ohio -- Oil prices fell Tuesday as consumer confidence in the U.S. hit an all-time low in December and home prices dropped sharply, with few signs that the rea...