Markets
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Investors await housing, consumer confidence news
May 24, 2009 11:00 pm - CHARLOTTE, N.C. -- Investors have lost some of their bravado when facing bad economic news. Wall Street's mood deteriorated last week as investors began to question whet...
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Oil stays above $61 amid weakening U.S. dollar
May 21, 2009 11:00 pm - Oil prices held above $61 a barrel Friday, helped by a weakening dollar, which typically has an inverse relationship with crude markets. Investors often buy commodities ...
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European markets stabilize after heavy losses
May 21, 2009 11:00 pm - LONDON -- European stocks rose Friday, recovering from a sharp fall Thursday and shrugging off overnight losses in the U.S. and Asia as investors clung to hopes that the...
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Stocks lose grip on early gains, close lower
May 21, 2009 11:00 pm - NEW YORK -- Wall Street reversed course late in the day, finishing lower as early gains built on better earnings reports from retailers faded away. Trading was choppy, a...
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World markets hit by Fed's U.S. growth warning
May 20, 2009 11:00 pm - LONDON -- Global stock markets fell sharply Thursday as investor hopes of a quick economic rebound were diminished by a warning from the U.S. Federal Reserve that the U....
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Street's job worries overshadow economic report
May 20, 2009 11:00 pm - NEW YORK -- Another bad signal from the job market and anxiety over a possible downgrade of British government debt sent stocks sharply lower Thursday. A report that cla...
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Oil drops below $61 as big rally pauses
May 20, 2009 11:00 pm - NEW YORK -- Energy prices tumbled Thursday after the Federal Reserve predicted that even if the worst of the recession is over, the economy will continue to shrink this ...
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Stocks close lower after Fed reduces 2009 outlook
May 19, 2009 11:00 pm - NEW YORK -- Stocks gave up a big early advance to finish moderately lower Wednesday after the Federal Reserve reduced its economic outlook for 2009 and bank stocks sank....
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European markets pare gains as US set to open flat
May 19, 2009 11:00 pm - LONDON -- European stock markets saw earlier gains fade Wednesday as futures markets were predicting a flat opening on Wall Street and investors awaited the latest Congr...
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Crude hits six-month high before holiday weekend
May 19, 2009 11:00 pm - NEW YORK -- Oil prices hit a six-month high Wednesday, climbing above $62 a barrel after a government report showed a drop in U.S. oil supplies for the second straight w...