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| | | ... that started in the Asia Pacific time zone extended to Wall Street overnight, with the Dow and the S&P 500 index ended last night's session 2.8 per cent richer. While it is easy to conclude that this was due to the success of the G20 Summit - they agreed ... |
| | | | ... cent in March and follows a 23 per cent reduction in the previous month. This is good news for the US labour market. Last night's positive indicators follow equally encouraging data on US durable goods orders and new home sales released late last month. ... |
| | | | ... 13,456.33. WELLINGTON - The New Zealand sharemarket lost ground in reaction to slightly weaker offshore markets on Friday night, however the losses were alleviated by gains in heavyweight stocks in the afternoon. The benchmark NZSX-50 index was down ... |
| | | | ... were driving resources stocks, he said. "Gold was up a bit stronger but the rest of the commodities were fairly flat last night, and that's certainly been reflected in the market," Mr Russell said. BHP Billiton was up 22 cents to $33.48, as it said production ... |
| | | | Financial planner Sam Henderson discovered a decision he made 12 months ago to set up a managed accounts service for clients is paying off. Speaking at Financial Standard's managed accounts seminar early this month, Henderson said that using managed ... |
| | | | ... Jake: How often does the train go by? Elwood: So often that you won't even notice it. Wall Street was shown the light last night, and it was good. For the light said to it, the US economy is improving at the margin. US durable goods orders ex-transport ... |
| | | | ... 3,519 on a volume of 11,271 contracts. "We're doing quite well considering the American market was down 122 points on Friday night," ABN AMRO Morgans private client adviser Bill Bishop said. "The banks and the resources sector are leading the market ... |
| | | | ... stockmarket crash of 1987 and the Asian financial crisis in 1997/98 but overall remained within the US$400 an ounce mark. Last night, it closed above US$960 and ounce and looks poised to test the all-time high of US$1,011.6 reached in March 2008. The ... |
| | | | ... lifting the local market. "The market is looking relatively strong," Mr Foulsham said. "We saw a 90 point move in the Dow last night, so it has not been as strong here as some might have expected. "The real move is coming from banking stocks." "Commonwealth ... |
| | | | Last night the US Federal Reserve made Wall Street an offer it could not refuse - 1.25 trillion freshly minted greenbacks. After heading south for most of the trading session, the S&P 500 changed direction and headed for a more than 2 per cent gain ... |
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