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Global Markets Higher As US Congress Averts Financial Crisis

Posted January 2nd, 2013 at 2:45 pm (UTC-5)
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World markets are opening the new year on a high note, after the U.S. Congress reached a deal to avert an early 2013 financial crisis that threatened to send the world’s largest economy into recession. In the U.S., key stock markets all jumped about 2 percent in Wednesday trading. Stocks also surged in Europe, with […]

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Global Markets Higher As US Congress Averts Financial Crisis

Posted January 2nd, 2013 at 10:10 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to avert an early 2013 financial crisis that threatened to send the world’s largest economy into recession. In the U.S., key stock markets all jumped 2 percent or more in the first half hour of trading Wednesday. Stocks also […]

Tags: , , , , , Posted in Economy

Global Markets Higher As US Congress Averts Financial Crisis

Posted January 2nd, 2013 at 9:15 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to avert an early 2013 financial crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent on Wednesday, […]

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Global Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 6:25 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]

Global Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 6:00 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]

Asian Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 12:35 am (UTC-5)
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Asian markets are responding positively after the United States Congress passed a deal late Tuesday to end the so-called “fiscal cliff” crisis that threatened to plunge the world’s largest economy into recession. Hong Kong was up 1.9 percent, Seoul rose 1.4 percent, and Sydney saw a 1.26 percent gain in trading Wednesday, as the House […]

Disappointing Corporate Earnings & Worries About Spain Hurt Markets

Posted October 23rd, 2012 at 4:20 pm (UTC-5)
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Disappointing corporate earnings and continuing worries about Spain’s battered economy cut stock prices on key European and U.S. exchanges Tuesday. Crude oil prices also declined. France’s CAC-40 and Germany’s DAX were down more than two percent at the close, while in New York, the benchmark Dow lost more than 1.7 percent while the S&P 500 […]

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Disappointing Corporate Earnings Hurt Stock and Oil Prices

Posted October 23rd, 2012 at 11:30 am (UTC-5)
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Disappointing corporate earnings, and continuing worries about Spain’s battered economy cut stock prices on key European and U.S. exchanges Tuesday. Crude oil prices also declined. France’s CAC-40 and Germany’s DAX were down more than two percent in late trading. At one point during mid-day trading in New York, the Dow and the S&P 500 were […]

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European Stocks Fail to Sustain Rally After Greek Election

Posted June 18th, 2012 at 5:25 pm (UTC-5)
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Stocks in Europe gave up their early gains Monday, failing to echo the rally in Asia after pro-bailout parties won enough votes in Greece’s parliamentary elections to form a government. Greece’s stock exchange surged more than 7 percent at one point, but lost much of its early gain. Elsewhere in Europe, fears about other struggling […]

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European Stocks Fail to Sustain Rally After Greek Election

Posted June 18th, 2012 at 4:55 pm (UTC-5)
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Stocks in Europe gave up their early gains Monday, failing to echo the rally in Asia after pro-bailout parties won enough votes in Greece’s parliamentary elections to form a government. Greece’s stock exchange surged more than 7 percent at one point, but lost much of its early gain. Elsewhere in Europe, fears about other struggling […]

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