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1 0 Tag Archives: chief market strategist
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Wall St loses steam after Dow crosses 13,000

NEW YORK (Reuters) – Stocks ended little changed on Tuesday, paring gains after the Dow topped 13,000 for the first time since May 2008, and as higher oil prices damped prospects for the economy.
Greece’s securing a bailout to avoid a dis…

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Stocks slip, cooled by rising oil prices

By Herbert Lash
NEW YORK (Reuters) – U.S. stocks retreated from a broad rally on Tuesday, undermined by rising oil prices and doubts about the success of Greece’s second bailout, after the Dow Jones industrial average rose above 13,000 fo…

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Greek deal leads to modest gains on Wall St

NEW YORK (Reuters) – Stocks rose modestly for a third straight day on Thursday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains.
Tech shares, led by Apple Inc , gave a lift to the…

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U.S. data boost global equities

NEW YORK (Reuters) – Stocks surged and the dollar rose against the yen on Friday as news of a jump in U.S. job creation fuelled hopes for recovery in the world’s largest economy, while uncertainty over a Greek debt restructuring deal helped keep the eu…

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U.S. stocks, euro dip on weak economic data

NEW YORK (Reuters) – U.S. equities and the euro slid on Tuesday after weaker-than-expected U.S. economic data added to gloom over ebbing hopes for a Greek debt restructuring deal.
Markets had started the session on a more optimistic note,…

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U.S. Stocks Weighed by Economic Data, Earnings

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“Earnings in general are not as robust as what we saw a year ago,” said Nicholas Colas, chief market strategist at the ConvergEx Group in New York. “Results are a little weak on the revenue line and that…

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World stocks dip as U.S. GDP falls short

NEW YORK (Reuters) – World stocks fell on Friday on news the U.S. economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on Greece’s debt that could help avert a disorderly default.

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World stocks dip as U.S. GDP falls short

By Richard Leong
NEW YORK (Reuters) – World stocks fell on Friday on news the U.S. economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on Greece’s debt that could help avert…

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Global stocks dip as U.S. GDP falls short; euro rises

By Richard Leong
NEW YORK (Reuters) – World stocks fell on Friday on news the U.S. economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on Greece’s debt that could help avert…

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Mixed earnings, Greece end Wall Street's 5-day run

NEW YORK (Reuters) – Stocks edged lower on Tuesday, ending a five-day rally for the S&P 500, as talks to resolve Greece’s debt crisis hit a snag and earnings from a number of blue chips disappointed investors.
Greece moved closer to t…

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European stocks, euro higher awaiting Greece outcome

European stock markets rose on rallying bank shares and the euro gained against the dollar on Monday as investors waited for a firm outcome to a Greece debt deal following an upbeat German bond auction.Markets, especially oil, also reacted to news tha…

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Focus shifts back to U.S. earnings

NEW YORK (Reuters) – Stocks have strayed from their recent link to euro moves, and the start of U.S. corporate earnings next week could help shift investor focus back to U.S. fundamentals from Europe.
Stocks have traded in line with the e…

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Wall Street edges up on light trading day

By Ryan Vlastelica
NEW YORK – Stocks edged higher in early trading on Tuesday, adding to recent gains, but investors mostly stayed on the sidelines in a session expected to produce light volume.
The S&P 500 has risen for four straight sessio…

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European shares, euro up sharply on US lead

European stocks closed sharply higher and the euro got a boost Tuesday after a series of strong US and German economic data helped ease concerns over the eurozone debt crisis.Dealers said much better-than-expected German confidence figures provided ea…

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Stocks, euro rise; gold recovers

NEW YORK (Reuters) – World stocks and the euro rose on Friday on improved risk appetite fueled by upbeat U.S. data and corporate results, while gold snapped a four-day losing streak, bouncing off its lowest level since late September.

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Wall St. caps stellar week on drop in jobless rate

NEW YORK (Reuters) – Stocks ended flat on Friday but capped the best week for Wall Street bulls in almost three years after data showed the U.S. unemployment rate dropped to a 2-1/2 year low.
The market gave back a 1 percent gain earlier …

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Wall Street soars as central banks move to ease crunch

NEW YORK (Reuters) – U.S. stocks rose more than 3 percent on Wednesday as major central banks acted jointly to add liquidity to the global financial system, boosting appetite for risky assets.
All ten S&P sectors were sh…

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Wall Street soars as central banks move to ease crunch

By Angela Moon

NEW YORK |
Wed Nov 30, 2011 10:53am EST

NEW YORK (Reuters) – Stocks rose more than 3 percent on Wednesday as major central banks acted jointly to add liquidity to the global financial s…

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U.S. markets ent reeling by Congress

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Calcutta News.NetMonday 21st November, 2011
U.S. stocks fell sharply Monday as it appeared the Congress supercommittee’s deliberations are to end in failure. With events in Europe souring, the news was too much for U.S. indices to bear. At on…

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US stocks plunge on debt jitters

US stocks have dropped more than 2 per cent, as mounting concern about heavy debt loads both domestically and abroad increase uncertainty in an already troubled and volatile market.

A US congressional commi…

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