Markets
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Why 1998 was different to emerging-market crisis nowDec 16, 2014 12:01 am - Oil prices were tanking. Emerging-market currencies were in a free fall. Venezuela was mired in a financial crisis and Russia had sunk into a debt default and devaluatio...
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An early rally fizzles, leaving indexes lowerDec 16, 2014 12:01 am - NEW YORK - Sudden twists in the price of oil and currency trading turned the stock market into a roller-coaster ride on Tuesday. Major indexes opened lower as falling oi...
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Hedge fund manager who remembers 1998 says prepare for painDec 16, 2014 12:01 am - Stephen Jen landed in Hong Kong in early January 1997 as Morgan Stanley's newly minted exchange-rate strategist for Asia. He was soon working around the clock when inves...
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Stocks fall after biggest weekly loss since 2012Dec 15, 2014 12:01 am - NEW YORK - Falling oil prices pushed U.S. stocks down broadly on Monday, extending losses into a second week. European stocks also fell, and the Russian ruble plunged to...
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Stocks plunge as oil continues slideDec 12, 2014 12:01 am - NEW YORK - A rout in oil prices shook financial markets Friday, pushing stocks to their worst weekly loss in two and a half years. The stock market fell sharply as inves...
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Retail sales report boosts stock marketDec 11, 2014 12:01 am - NEW YORK - Good news on U.S. retail sales lifted the stock market Thursday, although worries about the latest plunge in oil prices kept the gains in check. Investors are...
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Stocks slide the most in two monthsDec 10, 2014 12:01 am - NEW YORK - Oil resumed its slide on Wednesday and took the stock market down with it. The catalyst for the latest sell-off in oil was an OPEC report that projected dema...
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Stocks are mostly spared from a global sell-offDec 09, 2014 12:01 am - NEW YORK - The U.S. stock market ended slightly lower Tuesday, avoiding the sharp declines in Europe and Asia thanks to a rally in beaten-down energy companies. After an...
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U.S. stocks fall as energy sector drops sharplyDec 08, 2014 12:01 am - NEW YORK - U.S. stocks fell on Monday as oil prices turned sharply lower and spooked investors into dumping shares of drillers and other energy-service companies. The dr...
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2015 bond outlook: Low expectationsDec 07, 2014 6:42 am - NEW YORK - Don't expect much from your bond mutual fund next year. The bond market will likely produce modest returns, if they're positive at all, according to many bon...