GLOBAL MARKETS

U.S. Stocks Slump as Oil Tops $132 a barrel

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U.S. stocks fell for a second day, as oil prices surged past $132 a barrel after data showed a drop in crude supplies which boosted concerns that inflation will affect the rate at which U.S. consumes, while financial companies fell on concern computer errors at Moody's Investors Service may result in bond downgrades.
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U.S. Stocks Turn Higher as Recession Fears Decrease

U.S. stocks rose on Monday, lifting the Standard & Poor's Index to a four-month high, after data suggesting the U.S. economy may not be in recession which helped to overcome concerns over record crude oil prices, while technology shares were boosted as deal talks between Microsoft and Yahoo have been resumed.
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Wall Street Sinks as Oil Soars

U.S. stocks fell on Friday for the second day this week, after reports showed consumer confidence plunged to a 28-year low while crude oil soar to another record high,
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Tech stocks rise as Icahn Agitates Yahoo

Technology shares gained ground on Thursday after Carl Icahn proposed to change the board of Internet giant Yahoo, saying the firm had completely botched negotiations with Microsoft.
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U.S. Stocks Close With Gains

U.S. stocks advanced for a second day, after analysts said chipmakers will benefit from rising global demand and energy shares are cheap relative to crude prices.
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FTSE edges up on Wednesday

The FTSE 100 share index rose marginally on Wednesday. The index finished the day rising 4.1 points to 6,216.0 (up 0.1 per cent).
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China's shanghai stock index up 2.7 percent

Shanghai Stock Exchange composite Index (SSE) gained 97.2 points, or 2.7 percent, to reach 3,657.4 on Wednesday. Shenzhen Stock Exchange component index gained 29.2 points, or 2.63 percent, to reach 1,139.1 percent.
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FTSE rises early on Wednesday

The FTSE 100 share index was up early on Wednesday. By 9:06am the index had risen 8.9 points to 6,220.7 (up 0.1 per cent).
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Techs Stocks Edge Higher as HP falls, Yahoo Rises

Technology stocks rose slightly on Tuesday on as Hewlett-Packard shares sank after announcing it would acquire EDS and a report that activist investor Car Icahn is mulling a proxy fight for making changes to the board of directors at Yahoo.
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U.S. Stocks Drop on Weak Economic Data

U.S. stocks fell at Tuesday's start, after the government said soaring fuel prices did not hinder consumers from shopping as much as expected and Oppenheimer & Co.'s Meredith Whitney cut profit projections for Wall Street's biggest securities firms.
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U.S. stocks Gain as Oil Retreats; HP Report

U.S. stocks rose the most in a week on Monday, in anticipation of better-than-estimated earnings while oil retreated from record highs, and a late afternoon report that Hewlett-Packard Co. is near a deal to buy Electronic Data Systems Corp. for as much as $13 billion.
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Chinese ADRS Fall After Quake

Shares if Chinese stocks listed in the U.S. fell on Monday after an earthquake in central China killed nearly 9,000 people.
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FTSE falls early on Friday

The FTSE 100 share index fell early on Friday. At 8:40am the index at fallen 38.1 points to 6,232.7 (down 0.6 per cent).
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U.S. Stocks Drop, Led by Energy; AIG Plunges

U.S. stocks fell on Friday, pushing the market to its first weekly drop in a month, as oil soared past $126 a barrel and metal producers retreated on concern the surge in commodity prices will end.
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FTSE up on Thursday

The FTSE 100 share index rose on Thursday following news that the Bank of England decided to keep interest rates at 5.0 per cent. The index was up 9.8 points to 6,270.8 by the end of the day (up 0.2 per cent).
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U.S. Stocks Fall on Home-Sales Report

U.S stocks fell on Wednesday for the second day this week after reports showed home sales fell in March and oil prices remained in higher territory.
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U.S. stocks Gain on Fannie Mae Rebound

U.S. stocks shifted higher on Tuesday, reversing earlier losses and pushing the Standard & Poor's 500 Index to a four-month high, after Fannie Mae calmed investors about its financial situation and oil companies rallied on record crude prices.
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China stock markets boosted by policies

Both China's Shanghai and Shenzhen stock markets opened higher on Monday morning, boosted by Fed's cut of interest rates and China Securities Regulatory Commission (CSRC) Chairman Shang Fulin's requirement that institutions to maintain stability.
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U.S. Stocks Drop on Yahoo, Countrywide

U.S. stocks fell as Yahoo dropped the most in almost two years after Microsoft Corp. abandoned its $50 billion bid for the company and Countrywide Financial Corp. tumbled on concern its suitor will abandon its pending takeover.
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China eases rules for funds to operate in Hong Kong

China 's stock market watchdog said on Sunday it had allowed local fund management companies to set up branches in Hong Kong, which will help national fund firms become more familiar with international financial rules.

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