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| | | ... services are trying to convey. "Wall St ends on 17-month high as rates hold" was Reuters' headline. Bloomberg had "U.S. Stocks Rise as Fed Pledges to Keep Rates at Record Low". Sensational aren't they? If you read just the headlines, you'll get that ... |
| | | | ... The Federal Reserve's mildly upbeat take on the US economy and its pledge to hold interest rates low sparked a spike in stocks shortly before Wall Street trading closed on Wednesdy. During late afternoon trading, the Fed said that businesses were spending ... |
| | | | ... the National Broadband Network plan has been delayed, Mr Lewis said. "That really is good news for Telstra." Materials stocks were positive despite weaker base metals prices overnight, he said. BHP Billiton was 13 cents higher, by 0.31 per cent, at $42.70 ... |
| | | | ... when it closed at 4763.1. The broader All Ordinaries index fell 32.1 points, or 0.66 per cent, to 4,799.4. NEW YORK - US stocks posted mostly modest gains on Monday as investors treaded water on the eve of a Federal Reserve monetary policy meeting and ... |
| | | | ... officer at Hunter Hall, said value investors must revamp their approach and hold more cash reserves, focus on highly liquid stocks and lower expectations on absolute returns. Speaking at an investor presentation in Sydney last week, Hall said the traditional ... |
| | | | ... week after investors grew more upbeat about the health of banks. Shares of Citigroup Inc rose 13.4 per cent for the week. Stocks had been modestly higher at the start of trading on Friday after a surprising increase in February retail sales. The Commerce ... |
| | | | ... up for a third day after a rally in financial shares helped offset concerns about rising inflation in China. Financial stocks advanced after Citigroup Inc said it is on a path toward "sustained profitability." Meanwhile, China says its inflation rate ... |
| | | | ... Perth. On Wednesday, the Australian share market closed flat after eight consecutive trading day gains, as weaker mining stocks offset a stronger financial sector. The benchmark S&P/ASX200 index closed down 0.1 point at 4,820 points, while the broader ... |
| | | | ... analysts Ben Potter said the market was due for profit-taking with investors now taking money out of cyclical fast-moving stocks and moving into more defensive shares. Mr Potter said disappointing housing finance figures released on Wednesday morning ... |
| | | | ... points, while the broader All Ordinaries index gained 9.7 points, or 0.2 per cent, to 4,829.3 points. NEW YORK - Wall Street stocks posted modest gains on Tuesday amid cautious trading on the anniversary of the beginning of the market's rebound from ... |
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