Stocks closed off the days’ lows but were unable to recover from the extensive sell-off Friday. The CBOE Vix index, widely considered the best gauge of fear in the market, jumped to its highest level in over a month on global credit fears. Dubai World headlined global news today following a requ...
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European stocks rallied following some upbeat economic news out of the US. The UK led the way higher, rising 3 quarters of a percent. Meanwhile Germany gained 6 tenths of a percent and France rose nearly 7 tenths of a percent.
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Stocks are showing little movement Wednesday. Trading is light heading into the holiday. The economic calendar is packed, though mixed data is doing little to move the market. Orders for big-ticket manufactured goods fell 0.6 in October. Jobless claims fell more than expected last week,...
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Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with net income of nearly $1 billion in the third quarter.(Nov. 2) ... "ford earns" ford surprises $1b profit; sees 11
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Tiffany’s posted significantly better than expected third quarter earnings. Sales were strong in Europe and Asia, though this was offset by weakness in the U.S. and elsewhere in the Americas. The world’s second largest luxury jewelry retailer also lifted its full year forecast as cost-cutting ma...
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Trading was light but stocks ended in the green ahead of the Thanksgiving holiday. The CBOE Volatility Index, widely considered the best gauge of fear in the market, dropped to a 15-month low. Meanwhile, investors cheered a slew of better than expected economic reports. On the corporate front, T...
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President and First Lady Obama hosted their first state dinner last night in honor of India’s Prime Minister Manmohan Singh. In other news, President Obama is determined to “finish the job” in Afghanistan. Additionally, election tensions in the Philippines have left 57 people dead.
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The economic calendar is packed heading into Turkey Day. Investors are reacting to a trio of economic reports. News was upbeat out of the employment sector, with layoffs at their lowest level since early in the year. However the latest manufacturing data came in below expectations.
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The White House has set a greenhouse gas emissions reduction target and announced Wednesday that President Obama would present the goal at the upcoming U.N. climate summit in Copenhagen. Elsewhere, a new poll showed growing support for sending more U.S. troops to Afghanistan, and a grou...
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