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| | | The Australian stock market had suffered its sharpest drop in almost two months by noon as investors took fright over the ongoing troubles in the Eurozone. Australia's major market indices were down nearly three per cent after talks collapsed in Greece ... |
| | | | ... economy's fiscal challenges, the US is nonetheless a huge deep $35 trillion market. Investors not wanting to head to the US market only other options are the Japanese bond market, the world's second biggest, or moving down the league table to petro-dollar ... |
| | | | Stuart James, senior investment specialist at Aberdeen Asset Management, has been promoted to new role as deputy head of distribution with plans for a possible expansion of Aberdeen products to the retirement market. Already in the new role, James is ... |
| | | | ... All Ordinaries index rose 39.6 points, or 0.93 per cent, to 4,306. NEW YORK - Falling banking stocks dragged the main US market indices down on Thursday amid worry about fallout from a Greek default, but Apple and Netflix helped the Nasdaq gain for a ... |
| | | | ... 1.4 per cent, the S&P 500 rose 20.92 points, or 1.7 per cent and the Nasdaq rose 47.61 points, or 1.8 per cent. The US market was buoyed by the release of encouraging retail sales data for September on Friday that showed a 1.1 per cent rise over the ... |
| | | | ... as the US reporting season got underway. "All sectors of the S&P 500 (rose) so it shows a positive flow back into the US market, with very broad (gains)... It's a good signal of broad-based buying," he said. Resources stocks led the market at the open ... |
| | | | ... Group rose five per cent to $12.92 after the company announced an on-market share buy back. Financials, which led the US market higher overnight, were also strong, with all the major retail banks gaining ground. National Australia Bank was the strongest ... |
| | | | ... flat at noon with cautious investors lacking confidence heading into a long weekend. The market opened flat after the US market's less-than-expected response to Germany's approval to beef up Europe's rescue fund to stave off a second global recession. ... |
| | | | Australian shares were in positive territory at noon but had shed modest gains within hours of the open, as investors remained nervous ahead of a crucial vote on the next European bailout for debt-laden Greece. IG Markets' dealer Chris Weston said the ... |
| | | | ... government less willing than before to rescue them if they become unstable. RBS Morgans client adviser Bill Bishop said the US market did not like the Fed's measures, despite anticipating a move towards cheaper long-term money. "All of that volatility ... |
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