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| | | ... miners remain in negative territory amid heavy falls in the iron ore price, but gains by several industrial and energy stocks, as well as Telstra, are offsetting those losses. The price of iron ore, Australia's most valuable export, is below $US97 a ... |
| | | | ... counted the ways on this space yesterday: "Small caps - Russell 2000 up by 1.4% overnight - are back in favour. So are tech stocks - up 1.2%. US releases of the day were positive: April durable goods orders came in better than expected; Richmond Fed ... |
| | | | ... added four cents to $37.93, Rio Tinto dipped 1.5 cents to $61.195, and Fortescue Metals was steady at $4.62. Among other stocks, property developer Australand was in a trading halt after rival Stockland increased its takeover offer for Australand to ... |
| | | | ... could explain Wall Street's good mood. Small caps - Russell 2000 up by 1.4% overnight - are back in favour. So are tech stocks - up 1.2%. US releases of the day were positive: April durable goods orders came in better than expected; Richmond Fed manufacturing ... |
| | | | ... index adding 0.4 points to 5,490.8. NEW YORK - The S&P 500 notched a record close for the second straight session as US stocks rallied following some solid economic data. The broad-based S&P 500 gained 11.38 points, or 0.6 per cent, to 1,911.91. The ... |
| | | | The Australian share market has opened higher with both the mining and banking stocks up. However, Invast Securities chief market analyst Peter Esho questioned whether mining and financial stocks have enough momentum to keep pushing much higher. "The ... |
| | | | ... finished the week above 1,900 for the first time after a positive report on US new-home sales helped to push Wall Street stocks broadly higher. The index advanced 0.4 per cent on Friday and the Dow Jones also rose 0.4 per cent. "European shares were ... |
| | | | ... $33.66, National Australia Bank improved 16 cents to $33.70, and Commonwealth Bank picked up 34 cents at $80.99. Resources stocks were mixed. Diversified miner BHP Billiton was off three cents at $37.62, Rio Tinto was down 40 cents at $60.56, and Fortescue ... |
| | | | ... Chairman of the new LIC (ASX:PAF) Brett Spork said the listing reflects Australian investors' recognition that domestic stocks, which previously exposed investors to the Asian growth story, may no longer be a viable proxy. "Investors are realising that ... |
| | | | ... points to 5,479.9 points and the broader All Ordinaries index gained 54.2 points to 5,458.1 points. NEW YORK - Wall Street stocks finished higher following mixed US economic data as a closely watched index of small-cap equities outperformed the broader ... |
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