Markets
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S&P 500 index falls after 4 days of record closesOct 23, 2013 4:58 pm - NEW YORK — A four-day streak of record closes ended for the Standard & Poor’s 500 index Wednesday after Caterpillar reported weak earnings and falling oil prices hurt en...
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Fed stimulus hopes lift S&P 500 to another recordOct 22, 2013 4:55 pm - NEW YORK — The prospect of more economic stimulus from the Federal Reserve pushed the Standard & Poor’s 500 index to a fourth consecutive record close Tuesday. Investors...
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S&P 500 ekes out a small gain to set a new recordOct 21, 2013 4:48 pm - NEW YORK — The Standard & Poor’s 500 index eked out the smallest of gains to set a record high Monday as investors assessed third-quarter earnings news. Earnings will ho...
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Low interest rates to keep income funds in demandOct 20, 2013 6:39 am - Interest rates are unlikely to rise anytime soon. A 16-day partial government shutdown that ended Thursday knocked consumer confidence. All told, it took about $24 billi...
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Washington can’t seem to make markets nervousOct 20, 2013 6:11 am - The markets shuddered slightly as the debt ceiling neared. The yield on short-term Treasurys rose tenfold. Fidelity Investments sold off its short-term government debt. ...
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Chase to pay $13 billion in deal with FedsOct 19, 2013 5:37 pm - WASHINGTON — JPMorgan Chase & Co. has tentatively agreed to pay $13 billion to settle allegations surrounding the quality of mortgage-backed securities it sold in the ru...
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S&P 500 pushes further into record territoryOct 18, 2013 6:14 pm - NEW YORK — Investors shifted their focus from politics to profits on Friday and liked what they saw, pushing the Standard & Poor’s 500 index further into record territor...
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NYSE to hold ‘dry run’ for Twitter IPOOct 18, 2013 6:09 pm - NEW YORK — The New York Stock Exchange isn’t taking any chances with Twitter’s initial public offering. The Big Board said Friday it would allow trading firms to conduc...
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How Mexico is upending the U.S. auto industryOct 18, 2013 6:06 pm - Starting in the 1980s, the U.S. auto industry went through a major upheaval. Automakers and suppliers began opening up more and more plants in the South, taking advantag...
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Economist: Lack of economic freedom leads to efficiency declineOct 17, 2013 5:15 pm - Robert Genetski, one of the nation’s premier interest-rate forecasters, blamed an erosion in economic freedom for a sharp decline in U.S. efficiency. Genetski, known...