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Stocks Rise Modestly After Big Run-Up
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After showcasing two biggest rallies on Tuesday and Wednesday, stocks rose moderately on Thursday in anticipation of rate cut announcement by Federal chairman Ben Bernanke in his speech scheduled later in the evening
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Stocks Surge on Rate Cut Hopes
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The growing optimism about the Fed to fix the capital problems sent the indexes soaring on Wednesday. Wall Street reports, Citigroup rejected a merger proposal from the Bank of America. Oil prices lowered sharply and also perked up investor’s enthusiasm.
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Stocks close up sharply amid Citi news
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After a series of bad news on Monday the news about Abu Dhabi Investment authority investing $7.5 billion in Citigroup Inc came as a welcome relief for the investors on Tuesday. The financial sector is likely to remain in good health at least for sometime now.
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Stocks Slide on Fresh Credit Concerns
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After Dow Jones closed with a little rise during last week. It again fell down by 237.44, i.e. 1.83 percent to 12743.44 while closing on Monday. Similarly the S&P 500 that experienced a rise while closing last week also fell down by 33.48, i.e. 2.32 percent to 1,407.22.
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World Stock and Commodity Markets Mixed
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Thanksgiving holiday sent a cool air all over the stock market, which showed mixed results after the last closing. Infact the commodity market was mixed.
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Stocks End up After Shortened Session
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The stock market, although, closed three hours early due to holiday shortened session but showed an impressive result with Dow Jones and the Standard & Poor’s 500 rising quite higher as compared to the last closing.
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Dow Climbs Back Above 13000
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Dow is now flying higher as it has climbed again above 13000 on Tuesday.
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Stocks Fall Amid Economic Jitters
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Increasing economic worries due to the disaster in the mortgage market resulting into falling of stocks, the major reasons being the credit crisis, slowdown of housing market and the falling of unemployment rate.
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Stocks fall amid banking concerns
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Wall street seemed like a nightmare for the banking sectors on Monday, as the indexes fell more than 1.5 percent. The Monday session was dominated by the concerns about the banking sectors.
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Wall Street hopes for calm
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With Thanksgiving approaching, investors are hoping that the holiday-shortened week will provide the much needed year-end rally. But that does not seem to be happening with housing markets expected to keep on falling through the next year, banks expected to write down more losses during the fourth quarter and rising oil prices.
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Stocks Fall Amid Concern About Consumers
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On Thursday Wall Street again witnessed a downfall. This time the investors’ reaction was result of the speculations of low consumer spending in the holiday shopping season.
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After the stock rally, a retreat
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After a huge rise on Tuesday, the market again witnessed a downfall on Wednesday due to heavy selling in the last half an hour of trading.
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Big rally on Wall Street
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After high selling pressure in last hour of trading on Tuesday evening, investors were all smiles on Wednesday after positive news flowing from most sides.
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Tech Stocks Plummet
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The selling pressure in the stock markets again hit the tech stocks on Tuesday evening.
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Investors Brace for More Bad Bank News
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With banking sector portfolios reporting more bad news about mortgage backed securities and other debt instruments and Wall Street expecting the portfolio’s losses to be a minimum of $20 billions in the fourth quarter, stock markets witnessed a volatile downturn last week.
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Sudden downfall in stocks may put economy into big risk again
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The stocks that seemed to be providing a big boost to the economy just a day earlier, is below the expectation today. The beginning of November witnessed the falling of the stocks including disappointing earnings. The stock market basically began on a sharply lower note that continued and later worsen; pulling the Dow Jones Industrial average down more than 360 points that gained more than 130 points earlier.
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