UNITED STATES

Futures lower as investors assess surge

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Stock index futures pointed to a lower open on Friday as investors reassessed a recent surge that has March on track to see the biggest monthly percentage gain since 1974.
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Tesla unveils four-door electric sedan

Electric car start-up Tesla Motors Inc unveiled its newest, cheapest vehicle on Thursday, a four-door sedan that can carry five adults and could travel up to 300 miles per charge.
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Rising tide of risk taking lifts Asia stocks

Asian stocks rose on Friday, trying for a fifth day of gains, as hopes the global economy could not get any worse kept investors buying riskier assets, though U.S. and Japanese data left some doubts lingering.
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US EQUITY FUTURES REPORT 03/26/2009

EQUITIES PUSH TROUGH AND HOLD ABOVE KEY RESITANCE LEVELS AS BETTER THAN EXPECTED TREASURY AUCTION RESULTS SUPPORT CONFIDENCE FOR US RECOVERY STRATEGIES.
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US TREASURY FUTURES REPORT 03/26/2009

US Treasury futures seesawed between the recent ranges defined by last week’s FOMC post meeting rally. The markets ended the session posting strong gains after
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Roubini on home buying: It’s better to wait

Economic uncertainty due to job losses means potential home buyers should hold off as prices are set to drop up to 20 percent in the next 18 months, economist Nouriel Roubini said on Thursday, according to report.
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Economic optimism boosts Wall Street

Stocks rallied for a second straight day on Thursday, taking the Nasdaq back into positive territory for the year-to-date, on increasing optimism that the economy's worst days are behind after the government reported data that was less dire than expected.
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Economic optimism lifts Wall Street

Stocks rallied for a second straight day on Thursday, taking the Nasdaq back into positive territory for the year-to-date, on increasing optimism that the economy's worst days are behind after the government reported data that was less dire than expected.
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New York AG subpoenas AIG on CDS contracts: sources

American International Group Inc , which has received $180 billion in U.S. taxpayer money, was subpoenaed on Thursday by New York's top legal officer for information on its credit default swaps contracts, sources familiar with the matter said.
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U.S. economy shrinks, profits plunge in Q4

U.S. corporate profits plunged a record $120.1 billion in the fourth quarter as the economy shrank at its fastest pace since 1982, depressed by a slump in consumer spending and exports, government data showed on Thursday.
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Obama says to help U.S. automakers

President Barack Obama said on Thursday the administration would unveil its next steps to help the troubled U.S. auto industry in the coming days, provided the companies push ahead with a sweeping restructuring.
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Best Buy shares jump on Q4 results

Best Buy Co posted a 23 percent drop in quarterly profit, but its shares rose after the retailer's adjusted results topped Wall Street estimates, and it forecast full-year profit above expectations as it benefits from the closure of former rival Circuit City.
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Economic optimism lifts Wall St.; Nasdaq up on year

Stocks rallied for a second straight day on Thursday, taking the Nasdaq back into positive territory for the year-to-date, on increasing optimism that the economy's worst days are behind after the government reported data that was less dire than expected.
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Fed officials hint recession in final stages

Top Federal Reserve officials hinted on Thursday that the long U.S. economic downturn could be in its final stages, although the early stages of recovery will likely be far from stellar.
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AIG subpoenaed on credit default swap contracts

American International Group Inc , which has received $180 billion in U.S. taxpayer money, was subpoenaed on Thursday by New York's top legal officer for information on its credit default swaps contracts, sources familiar with the matter said.
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Wall St. surges on economy, Best Buy optimism

Stocks rose for a second straight day on Thursday on continued optimism the U.S. recession may be easing, as fourth-quarter economic data and weekly jobless claims that were in line with expectations kept the focus on positive signs earlier in the week.
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Wall St surges on economy, Best Buy optimism

Stocks rose for a second straight day on Thursday on continued optimism the U.S. recession may be easing, as fourth-quarter economic data and weekly jobless claims that were in line with expectations kept the focus on positive signs earlier in the week.

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