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Stock futures signal dip after strong rally

U.S. stock index futures pointed to a slightly lower open on Wall Street on Friday following the previous session's sharp rally, with futures for the S&P 500 down 0.35 percent, Dow Jones futures down 0.17 percent and Nasdaq 100 futures down 0.09 percent at 6:10 a.m. EDT.

Stocks extend gains; caution returns

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World stocks crept higher on Friday, extending gains following the United States' jump out of recession, while the dollar drifted ahead of more U.S. data that will add fuel to the recovery debate.

Asia stocks rebound from slide, earnings a boost

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Asian stocks bounced back on Friday from their worst drop in two months, with investors taking heart from the United States' return to economic growth, which gave reassurance on the recovery's staying power.
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Stocks sizzle as China debuts start-ups market

The ChiNext stock market , China's long-awaited Nasdaq-style second board, debuted on Friday with a speculative surge that more than doubled the price of all 28 stocks during intraday trade -- a good sign for companies lining up to list on China's stock markets.
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U.S. GDP encouraging: Geithner

U.S. third quarter growth data was very encouraging and showed the economy has stabilized but still faces difficulties, Treasury Secretary Timothy Geithner said on Thursday.
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MetLife posts third-quarter loss

MetLife Inc , the No. 1 U.S. life insurer, posted its third straight quarterly loss on Thursday, hurt by investment losses, some of which were tied to improvement in the company's own credit spreads.
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Fed should lose AIG-style bailout powers: Geithner

The Federal Reserve should lose its authority to bail out big, failing financial firms like AIG and Bear Stearns under proposed reforms aimed at limiting the collateral damage from such failures, U.S. Treasury Secretary Timothy Geithner said on Thursday.
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Futures Market Summary - Oct 29

US EQUTIES regained all of Wednesday's losses as risk tolerance jumped back into the markets after US 3rd quarter GDP beat expectations, in particular a downgrade released by Goldman Sachs earlier in the week.
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McAfee revenue misses forecast, shares fall

McAfee Inc , the No. 2 U.S. security software maker, reported quarterly revenue that missed Wall Street projections as sales to consumers grew at their slowest rate in almost two years.
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Obama's review of Afghan war strategy nears end

U.S. military chiefs plan to present recommendations on troop strength and strategy in Afghanistan to President Barack Obama on Friday as White House deliberations reach an end stage, Pentagon officials said.
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MetLife posts 3rd-quarter loss

MetLife Inc , the No. 1 U.S. life insurer, said on Thursday it posted a quarterly loss, hurt by investment losses, some of which were tied to improvement in the company's own credit spreads.
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Daily Forecast - 30/10/2009

The Australian Dollar opens higher against the greenback today at 0.9140. The Aussie spent most of the local session beneath US90 cents yesterday but bounced back to life offshore after U.S. economic growth data came in higher than anticipated. The U.S. economy grew at a 3.5 per cent annual pace in the September quarter prompting a rally in stocks and commodities and a move by investors back into high-yielding currencies.
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Wall Street jumps as GDP growth spurs optimism

U.S. stocks logged their best one-day percentage gain in three months on Thursday as investors saw data showing the U.S. economy returned to growth in the third quarter as brightening the outlook for profits.
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Obama too big to fail plan blasted in Congress

The Obama administration's new proposal for tackling financial risk in the U.S. economy, unveiled just two days ago, came under attack on Thursday from Congress and regulators, with questions raised about its funding and scope.
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Wall Street scores best day since July on GDP data

U.S. stocks logged their best one-day percentage gain in three months on Thursday as investors saw data showing the U.S. economy returned to growth in the third quarter as brightening the outlook for profits.
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Wall Street rallies on strong GDP

U.S. stocks rallied on Thursday as GDP data showing the U.S. economy returned to growth in the third quarter buoyed hopes of a sustained rebound in corporate profits.
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Major U.S. auto dealers see slow recovery

Major U.S. auto dealerships see only a grudging recovery in demand in 2011, a cautious outlook at odds with the consensus view that the battered industry could see a double-digit percentage rebound.
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Michael Jackson movie earns $20 million on 1st day

The Michael Jackson movie This Is It earned $20.1 million at worldwide box offices on its first day in theaters as fans around the globe turned out in strong numbers, Columbia Pictures said on Thursday.
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New Moon rises to No. 1 on Billboard 200

The soundtrack to the upcoming Twilight movie sequel grabbed the No. 1 spot on the U.S. pop chart Wednesday, while Tim McGraw followed at No. 2 with his lowest debut sales week for a studio set.
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Economy returns to growth after deep slump

The U.S. economy grew in the third quarter for the first time in more than a year as government stimulus helped lift consumer spending and home building, fueling an unexpectedly strong advance.

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