Markets
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World stocks rally on hopes for economic recovery
May 18, 2009 11:00 pm - LONDON -- World stocks rose Tuesday as upbeat news about U.S. housing and banks and a sharp improvement in German investor sentiment suggested the world economy was head...
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Energy prices bounce back ahead of holiday
May 18, 2009 11:00 pm - SIOUX FALLS, S.D. -- Energy prices resumed their climb into summer driving season Monday, a show of confidence that Americans will overlook dismal economic news as they ...
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Oil rose above $57 amid weak crude demand
May 17, 2009 11:00 pm - Oil prices rose above $57 a barrel Monday as traders considered whether last week's push to above $60 was justified amid signs of weak crude demand. Attacks on oil facil...
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Stocks jump on renewed optimism on housing, banks
May 17, 2009 11:00 pm - NEW YORK -- Reassuring news about housing and banking on Monday convinced investors to return to the stock market. The Dow Jones industrial average shot up 235 points, i...
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World stock gains limited by weak European data
May 14, 2009 11:00 pm - LONDON -- World markets were mostly higher Friday, although gains in Europe were limited by more dismal economic data showing the euro zone's economy shrank by a massive...
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Stocks slide in cautious trading after rally
May 14, 2009 11:00 pm - NEW YORK -- Investors moved more money out of stocks Friday, further chilling the market's spring rally. Stocks extended the week's losses as traders accustomed to econo...
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May rally for energy prices stalls
May 14, 2009 11:00 pm - NEW YORK -- Rapidly climbing energy prices stalled this week as a steady stream of dismal financial news suggested that even if the global economy has bottomed out, it w...
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Europe edges up, Asia down after US data
May 13, 2009 11:00 pm - LONDON -- European stock markets barely rose Thursday after big losses the day before on disappointing U.S. retail figures, while Asia succumbed to a heavy bout of selli...
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Asian markets tumble amid fears about U.S. consumer
May 13, 2009 11:00 pm - HONG KONG -- Asian stock markets tumbled Thursday as signs of distress among U.S. consumers dashed hopes of a quicker recovery in the world's largest economy. Every maj...
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Street weathers poor jobless report
May 13, 2009 11:00 pm - NEW YORK -- Investors shoved aside jitters about the economy to do a little bargain hunting. Stocks rose Thursday after mostly falling for three days as traders scooped ...