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Wall St falls on Alcoa, Japan; miners sell off

U.S. stocks fell on Tuesday after a disappointing revenue miss from Alcoa to start off the earnings season and a sell-off in commodities, coupled with Japan's upgrade of the severity of its nuclear crisis.

Strongest Obama Supporters at Lowest Level

President Barack Obama's strongest supporters in the United States are at the lowest level of his presidency yet and support from liberals is also sharply down from earlier this month, according to a daily presidential tracking poll.
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Obama May Back Deal to Raise Debt Ceiling

The Obama Administration is trying to balance keeping spending up in certain areas while cutting federal deficits and may be open to striking a deal with Republicans to raise the debt ceiling above its current $14.3 trillion levels.
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World Market Overview 04/12/2011

U.S. blue-chip stocks eked out a slim gain Monday but other market measures fell slightly as investors traded cautiously ahead of the first quarter corporate earnings season.
Traders work on the floor of the New York Stock Exchange

Global Market Overview 04/12/2011

U.S. stocks ended mixed on Monday as energy shares declined on lower oil prices and investors cautious ahead of the unofficial start of first quarter earnings season.
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BofA CFO kept in dark over dividend rejection: report

Bank of America Corp's internal auditors are reviewing why its chief financial officer and chief accounting officer were not consulted before the bank disclosed to investors that its dividend increase had been rejected by regulators, the Wall Street Journal reported.
The headquarters of the U.S. Food and Drug Administration (FDA) is seen in Silver Spring, Maryland

Dengue fever test wins FDA nod

The U.S. Food and Drug Administration (FDA) has approved the first test to help diagnose people with signs and symptoms of dengue fever or dengue hemorrhagic fever. Manufactured by Seattle-based Inbios Inc., the DENV Detect IgM Capture ELISA test detects antibodies to dengue virus in blood samples from patients who have signs and symptoms of dengue.
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Brent, U.S. oil drop more than $1.50 on demand view

Brent and U.S. crude fell more than $1.50 a barrel on Tuesday in on concerns demand may wane on high fuel prices and after Goldman Sachs advised investors to lock-in trading profits before oil and other commodity markets reverse.
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Japan supply uncertainty looms for Toyota

Toyota Motor Corp <7203.T> on Monday warned that the uncertain supply of parts from Japan could threaten its output of vehicles through July, the latest sign of trouble for the global auto industry stemming from the massive Japanese earthquake a month ago.
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Goldman spooks oil speculators with call to take profit

Long-term commodity bull Goldman Sachs warned clients on Monday to lock-in trading profits before oil and other markets reverse, with the bank's estimates suggesting speculators are boosting crude prices as much as $27 a barrel.
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Alcoa profit tops estimates but revenue misses

Alcoa Inc , the largest U.S. aluminum producer, reported a first-quarter profit that slightly beat estimates, but its revenue missed Wall Street's target and its shares dropped 3 percent in after-hours trading on Monday.

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