Markets
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World markets rise but sentiment remains fragile
Feb 18, 2009 10:00 pm - LONDON -- European and Asian markets rose modestly Thursday following the previous session's gains on Wall Street but optimism remained very thin on the ground despite p...
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Asian markets creep higher after US ends flat
Feb 18, 2009 10:00 pm - HONG KONG - Asian stocks posted cautious gains Thursday, with Tokyo's index up 1 percent, as President Barack Obama's $75 billion lifeline to homeowners did little to al...
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Dow ends at lowest close in more than 6 years
Feb 18, 2009 10:00 pm - NEW YORK -- The Dow Jones industrial average tumbled to its lowest close in more than six years on Thursday as sharp declines in key financial shares led the market lowe...
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Oil prices surge on report of falling inventories
Feb 18, 2009 10:00 pm - COLUMBUS, Ohio -- Oil prices jumped Thursday as new government data showed oil inventories fell unexpectedly. Light, sweet crude for the April delivery rose $1.56 to $38...
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Stocks end little changed on worries about economy
Feb 17, 2009 10:00 pm - NEW YORK - Investors took little comfort Wednesday from government plans to revive the housing market and overall economy. Wall Street ended with only modest changes aft...
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Oil stays near $35 after big drop overnight
Feb 17, 2009 10:00 pm - VIENNA -- Benchmark oil prices languished around $35 a barrel Wednesday as further signs the U.S. recession is deepening spurred market concerns over crude demand. Inves...
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Stocks drop on worries about economy, car makers
Feb 16, 2009 10:00 pm - NEW YORK -- Investors around the world are betting that even with government stimulus and bailout programs, the global recession will just have to run its course. The pr...
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Oil slips below $35 as demand for crude wanes
Feb 16, 2009 10:00 pm - HOUSTON -- A new batch of lousy economic news dragged oil prices down nearly 8 percent Tuesday, as signs from across the globe pointed to a prolonged and painful recessi...
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Oil edges higher on OPEC talk of more output cuts
Feb 15, 2009 10:00 pm - LONDON -- Oil prices rose to near $38 a barrel Monday as OPEC members said over the weekend they were considering more production cuts to adjust to weakening global dema...
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U.S. idle but world markets fall
Feb 15, 2009 10:00 pm - LONDON - World markets fell Monday, after new figures showed Japan's economy contracted at its quickest pace in 35 years and a weekend summit of Group of Seven finance m...