Markets
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Stocks end higher after 5-day losing streakSep 27, 2012 10:52 am - NEW YORK — Stocks notched their first gain of the week Thursday after Spain announced severe budget cuts intended to convince the world that it can meet deficit-reductio...
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U.S. durable orders fall, but business invSep 27, 2012 10:52 am - WASHINGTON — Demand for long-lasting manufactured goods plunged in August because of a huge drop in volatile commercial aircraft orders. But in a hopeful sign, orders th...
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Oil recovers from eight-week low after U.S. inventories droppedSep 27, 2012 6:44 am - Oil rebounded from the lowest close in almost two months after U.S. crude inventories declined and as investors speculated that recent losses were excessive. Futures ros...
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Markets steady as focus remains on Spain, GreeceSep 27, 2012 6:39 am - LONDON — Financial markets recovered their poise Thursday, a day after investors were spooked by rising levels of discontent in Greece and Spain over upcoming austerity ...
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U.S. stocks down on Europe unrest, weaker home salesSep 26, 2012 11:21 am - A mixed report about the housing market and unrest in Europe on Wednesday extended the longest losing streak for the Standard & Poor’s 500 index since mid-July. Other ri...
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Oil extends losses as economy pessimism persistsSep 26, 2012 6:41 am - LONDON — The price of oil fell below $91 a barrel Wednesday, tracking stock markets which dropped on renewed pessimism about the outlook for economic growth. Benchmark c...
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Markets fretful over global economy, euro crisisSep 26, 2012 6:40 am - LONDON — Growing concerns over the global economy combined with renewed worries over Europe’s debt problems to send stocks around the world sharply lower Wednesday. A da...
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Dow drops 100 after Fed official’s warningSep 25, 2012 11:32 am - NEW YORK — A quiet day on Wall Street turned into the worst sell-off in three months after a Federal Reserve official said he doubted the bank’s effort to boost economic...
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Oil rises ahead of US consumer confidence surveySep 25, 2012 6:50 am - BANGKOK — Expectations of improved consumer confidence in the U.S. helped boost oil prices on Tuesday. Benchmark oil for November delivery was up 50 cents to $92.43 per ...
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Global growth fears drag down financial marketsSep 25, 2012 6:45 am - LONDON — Global financial markets drifted lower Monday as growing concerns about the state of the world economy offset any remaining optimism over central banks’ stimulu...