Markets
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Bank shares help world markets extend rally
Mar 10, 2009 11:00 pm - LONDON -- European and Asian stock markets were mostly higher Wednesday as sentiment remained relatively well-supported by upbeat comments from Citigroup's chief executi...
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Oil prices slump on pessimistic outlook
Mar 10, 2009 11:00 pm - NEW YORK -- Oil prices tumbled more than 7 percent Wednesday as U.S. inventories swelled with surplus crude and traders started to doubt whether OPEC would cut productio...
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Stocks extend gains into second day
Mar 10, 2009 11:00 pm - NEW YORK -- Investors struggled but managed to turn Wall Street's best performance this year into a two-day advance. Stocks ended with modest gains Wednesday but the Dow...
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Oil falls on lower demand forecast
Mar 09, 2009 11:00 pm - COLUMBUS, Ohio -- Crude, gasoline and other fuel prices tumbled Tuesday after the government again lowered its forecast for global energy demand and said average oil pri...
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European markets buoyed by Citigroup hopes
Mar 09, 2009 11:00 pm - LONDON -- European stock markets rallied Monday on hopes that the worst may be over for Citigroup Inc. after a leaked memo from the company's chief executive Vikram Pand...
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Stocks close higher on Citigroup profit news
Mar 09, 2009 11:00 pm - NEW YORK -- Wall Street has had its best day of the year, storming higher after some good news from Citigroup. Citigroup Inc. says it operated at a profit during the fir...
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Street proves it's rally-proof after merger news
Mar 08, 2009 11:00 pm - NEW YORK -- Investors fixated on the faltering U.S. economy brushed off the type of merger news that normally starts rallies. Wall Street closed down more than 1 percent...
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Banking stocks lead world markets down again
Mar 08, 2009 11:00 pm - LONDON -- World stock markets fell Monday, with Japan's benchmark tumbling to a 26-year closing low, amid ongoing concerns about the length and depth of the global econo...
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Oil prices near new highs for the yearMar 08, 2009 11:00 pm - SIOUX FALLS, South Dakota -- Oil prices neared new highs for the year Monday as investors geared up for the potential of more OPEC production cuts. Benchmark crude for A...
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Stocks end down as focus returns to bank problems
Mar 05, 2009 10:00 pm - NEW YORK -- Investors have gotten used to bad news, but layoffs topping 600,000 a month still made for a volatile day on Wall Street. Stocks soared, sank and then clawed...