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| | | The Australian share market has opened higher after US markets hit new highs. The Dow and S&P 500 closed at fresh records overnight after the Republicans took power in both US houses of Congress and lifted hopes for pro-business policies. The strong ... |
| | | | The Australian share market has opened higher on strong US leads and iron ore price gains. US stocks extended the rally that began late last week with the Dow Jones Industrial Average finishing 0.12 per cent higher on Monday. Wall Street's gains and ... |
| | | | The Australian market has snapped a six-day losing streak to start the week with gains following a positive US lead on Friday. Another day of losses on Monday would be the longest run of outs in four years. US markets made one per cent-plus gains on ... |
| | | | ... worse if US markets had not performed as strongly as they did overnight. "The Aussie market is struggling to follow the US lead but it certainly has supported us to some extent," he said. On the local sharemarket, the major miners had fallen slightly ... |
| | | | ... down the (US) indices. They were just coming off record levels," he said. "There's just general weakness based on the US lead and perhaps the federal budget, which will be an overall negative for gross domestic production growth moving forward." A rise ... |
| | | | Towers Watson has appointed Chris Ford to the UK-based role of global head of its investment business, following the departure of Carl Hess from the role. Hess, who held the position from 2008, will remain at Towers Watson and become managing director ... |
| | | | The Australian share market has opened a touch higher, following the US lead after Wall Street edged up to new record highs. More sectors on the Australia bourse were making gains, but gold and mining stocks were the exception, pulled down by a fall ... |
| | | | "...And then I go and spoil it all by sayin' something stupid like 'we'll taper soon'." Sorry to spoil your immortal classic Frank (Sinatra) but "I love you" just doesn't apply to Ben Bernanke right now. Not with the trashing the equity markets, the ... |
| | | | There were ups and downs on Wall Street the week before this week, just as the week before that, and before that, and...with each daily dose of data taken to confirm whatever pre-conceived biases we have. It just takes a short walk down the very short ... |
| | | | It's getting close. It's less than two weeks away. Then we're in May -- that month of the year when the old Wall Street adage tells investors everywhere to sell and go away. And right on cue, the financial news are getting gloomier. We've already touched ... |
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