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U.S. stocks struggle for direction

U.S. stocks struggled for direction in quiet trading Monday, with many traders still on summer vacation and investors waiting for signals from the Federal Reserve about help for the economy. The Dow Jones industrial average fell to a small loss, the Standard & Poor’s 500 darted between small ups and downs, and the Nasdaq composite… Continue Reading U.S. stocks struggle for direction

  The latest signs of a rebound in the housing market and a handful of better earnings reports were enough to bring buyers back to the stock market Wednesday.   The Dow Jones industrial average rose 69 points to 12,874 in the first 1 ½ hours of trading, overcoming an early deficit of 50 points.… Continue Reading Jump in housing starts, earnings send stocks up

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Stocks slightly lower on Greek talks worries

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Stocks fell in the United States and Europe on Tuesday as investors worried that a deal to cut Greece’s national debt and hold off a possible financial crisis might fall through. The Dow Jones industrial average was down 40 points at 12,669 just after 11:30 a.m. EST. It has risen or fallen less than 100… Continue Reading Stocks slightly lower on Greek talks worries

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U.S. stocks are edging lower in late morning trading with bank stocks leading the way down. Citigroup Inc. and Morgan Stanley are down nearly 6 percent. JPMorgan Chase & Co. lost more than 4 percent, the biggest drop among the 30 stocks in the Dow Jones Industrial average. Stocks opened higher Monday but quickly turned… Continue Reading US stocks drop; Citi and other big banks fall hard

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Stock rally stalls but eurozone bond yields drop

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A global stock market rally stalled on Thursday as euphoria over major central banks’ coordinated cut to borrowing costs wore off. But hopes that European leaders will deliver a long-term solution to the debt crisis next week helped push eurozone borrowing rates sharply lower. Stocks and bonds had jumped on Wednesday when central banks in… Continue Reading Stock rally stalls but eurozone bond yields drop

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Surging stock prices in October weren’t enough to entice mutual fund investors back into the market. Instead, bonds continued to hold appeal. Investors withdrew a net $17.6 billion from stock mutual funds last month, industry consultant Strategic Insight said on Friday. It was the sixth consecutive month of net withdrawals, which total $97 billion over… Continue Reading Investors exit stock funds, shift to bonds in Oct.

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Stocks wavered in early trading Tuesday after disappointing corporate earnings reports and concerns that France and Germany may not reach an agreement on additional support for Greece. The financial sector, however, outpaced all others in gains after Bank of America topped Wall Street expectations for the quarter. Moody’s also warned late Monday that the stable… Continue Reading Stocks waver on news of disappointing corporate reports

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A three-day rally faded on Wall Street Friday after a pickup in hiring last month failed to bring down the unemployment rate. The Dow Jones industrial average edged up after the government’s September jobs report, as larger companies rose more than the rest of the market. Broader indexes moved between small gains and losses. U.S.… Continue Reading Stocks mixed after unemployment rate stays high

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Stocks rise in early trading for second day

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Stocks moved higher early Tuesday for the second day in a row, led by technology companies. Cisco Systems Inc. rose the most of the 30 stocks in the Dow Jones industrial average, gaining 2 percent. Microsoft Corp. and Oracle Corp. also rose 2 percent. Bank of America Corp. sank more than 3 percent, the worst… Continue Reading Stocks rise in early trading for second day

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Stocks lower but selling pressure eases

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Global stocks fell again Friday as fears of a possible U.S. recession combined with ongoing worries over Europe’s debt crisis, which is stoking acute fears over the continent’s banking sector. However, smaller than anticipated losses on Wall Street helped European markets recoup a large chunk of their earlier losses by the close. In Europe, Britain’s… Continue Reading Stocks lower but selling pressure eases

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