ECONOMY & MARKETS

Stocks Dive on GE's Poor Results

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U.S. stocks fell to April lows on Friday after General Electric Co. shook investors with its lower-than-expected earnings results which increased concerns that the credit crunch has moved into all sectors.
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U.S. stocks Shoot Up, lifted by Wal-Mart and Cisco

Wall Street rose for the first time in three days on Thursday as investors bought back into stocks after two days of losses, after reports showed a drop in unemployment claims and a better-than-expected sales performance by Wal-Mart Stores Inc.
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Surge in banking stocks helps BSE Sensex climb 203 points

The 30-share benchmark sensitivity index of the Bombay Stock Exchange (BSE), the Sensex, rallied, Wednesday, to climb 1.30 percent or 202.89 points to end up at 15,790.51 with 17 components rising, boosted by a late run in banking stocks even as Asian markets all around tumbled.
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U.S. Stocks Tumble

U.S. stocks dropped for a second day on Wednesday after United Parcel Service Inc. said shipments are slowing and crude oil topped $111 a barrel raising concerns about the economy.
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BSE Sensex fizzles, ends down 1 percent

The prime index of the Bombay Stock Exchange (BSE) failed to carry on the upward momentum it had set on Monday, by ending down 1.08 percent or 19.46 points on Tuesday, tracking weak global cues.
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Japan Stocks Dropped On Profit-Taking

Japan stocks dropped Tuesday as investors began to raise fears about global economy and situation of Beijing Olympic. Also some investors sold stocks for profit-taking before earnings season. Many investors expect results of Japan and U.S. companies' quarterly earnings will not be so profitable.
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FTSE falls early on Tuesday

The FTSE 100 share index fell early on Tuesday. At 08:34 on Tuesday the FTSE 100 was down 41.2 points to 5,973.6 (down 0.7 per cent).
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U.S. Stocks Drop on Earning Reports: WaMu, AMD Fall

U.S. stocks on Tuesday fell the most in seven days after Alcoa Inc.'s earnings fell short of forecasts and Washington Mutual Inc. was forced to slash its dividend in a $7 billion bailout. Washington Mutual led financial shares lower after the largest savings and loan cut its payout by 93 percent and projected a first-quarter loss of $1.1 billion.
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U.S. Stocks Mixed as Jobless Rate Climbs

U.S. stocks were mixed on Friday after new data reported the biggest unemployment rate climb in five years, causing the market to pare its largest weekly advance since February.
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Japanese Corp Bond Issuance Hit 4-Year High

While U.S. housing market was weakening and the stock and foreign currency markets destabilized, there was trend of increasing Japanese corporate bonds issuance for individual investors last year.
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U.S. Stocks Drop as Jobless Claims Rise

U.S. stocks fell on Thursday for a second day after a rise in unemployment claims unexpectedly increased, intensifying concerns about the economy while an industry report said late payments on personal loans rose to a 15-year high.
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Treasuries Dip after Fed, Jobs Report

Treasury note prices fell on Wednesday while yields rose after Fed Chief Ben Bernanke warned of a possible recession in the U.S. economy and a report indicated job growth for U.S. companies.
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U.S. stocks rise on Bernanke talks, Banks Gain

U.S. stocks gained for a third day Wednesday as investors' mood brighten after Best Buy Co released earning results, and Federal Reserve Chairman Ben Bernanke said the central bank will not need to save another financial firm.
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Asian Trading Higher on U.S. Trade Rally

Asian markets gained on Wednesday with Japanese stocks leading the boost as financials such as Mizuho Financial Group spiked after an equity offer from Lehman Brothers Holdings Inc.
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Stocks Rise on Bank News in NY

U.S. stocks rallied Tuesday, the first day of the second quarter, after two banks hit by the credit crisis move towards raising cash, and UBS AG disclosed new write-downs totaling around $19 billion, with UBS and Lehman Brothers Holdings Inc. offering for sale between them $18 billion in equity.
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Treasuries Rise on Falling Business Activity

Treasuries prices rose on Monday as investors looked for refuge in safer investments after a report stated U.S. business activity fell in March and a top government official unveiled a plan to overhaul financial regulation.
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U.S. Stocks Gain, Merck Shares Tumble

U.S. stock indexes rose for the first time in four days on Monday, despite big losses for pharmaceutical giant Merck, while lower oil prices improved business activity and a Treasury plan was announced to boost the economy against growing credit losses.

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