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Wall Street opens 1 percent lower on debt concerns

U.S. stocks opened 1 percent lower and were on track to post their worst weekly losses in nearly a year on Friday after data showed meager growth in the economy while a setback in Washington over a debt deal kept investors nervous.
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Stock index futures signal further sell-off

Stock index futures pointed to a weaker opening for equities on Wall Street on Friday after U.S. lawmakers delayed a vote on a Republican proposal to raise the U.S. government's debt limit.
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S&P: Deficit cuts of $4 trillion a good start

Cutting the U.S. deficit by some $4 trillion over 10 years would be a good start, but more savings would be needed over time to bring the country's finances under control, ratings agency Standard & Poor's said on Thursday.
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Teavana shares soar in trading debut

Shares of specialty tea retailer Teavana Holdings Inc surged as much as 73 percent on their trading debut on Thursday, as investors gravitate toward specialty consumer foods.
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S&P: U.S. deficit cuts of $4 trillion a good downpayment

A U.S. deficit reduction plan that promises $4 trillion in savings over time would be a good downpayment on getting the country's strained public finances under control, said John Chambers, chairman of S&P's sovereign ratings committee.
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Wall Street gains as debt vote nears

Wall Street gained momentum on Thursday, with the Nasdaq up about 1 percent before a key vote in Congress on a plan to prevent a U.S. default.
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Wall Street rises on data, House debt vote on tap

Wall Street advanced on Thursday, boosted by an unexpected rise in pending U.S. home sales and a dip in jobless claims, but trading was volatile as investors awaited a key vote in Congress on a plan to prevent a U.S. default.
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Futures gain ahead of vote to cut deficit

Stock index futures rose on Thursday after Wall Street suffered its worst day in eight weeks, but the session was predicted to be volatile ahead of a key vote later in the day on a bill to cut the U.S. deficit.
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Futures rebound ahead of vote to cut deficit

Stock index futures rose slightly on Thursday after Wall Street suffered its worst day in eight weeks, but the session was predicted to be volatile ahead of a key vote later in the day on a bill to cut the U.S. deficit.
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Stocks set for bounce; debt ceiling in focus

Wall Street was set to edge higher at Thursday's open in a bounce from steep falls in the previous session, as U.S. politicians struggle to come to an agreement over the debt ceiling days before the deadline to avoid default.
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Stocks, dollar fall as debt default looms

Global stocks fell to their lowest in more than a week on Thursday, knocked down by mounting concerns about a U.S. debt default which also kept the dollar subdued against the safe-haven Swiss franc and the yen.
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Stocks fall, Australia dollar up on debt deadlock

Asian stocks slid more than 1 percent in thin volume on Thursday as investors trimmed positions with just three trading days to go before a deadline to lift the U.S. debt ceiling, while the Australian dollar showed resilience in the face of global sovereign risks.
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Defense contractor sales miss Wall Street view

Two top U.S. defense contractors posted sales that missed Wall Street's expectations on Wednesday in a sign that federal efforts to rein in military spending are starting to take a toll.
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S&P cuts Greece rating to CC, outlook negative

Standard & Poor's on Wednesday cut Greece's sovereign credit rating further into junk territory, lowering it to CC from CCC, saying the European Union's proposed debt restructuring would put the country into selective default.
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Wall Street slides on earnings, economy, politics

Wall Street fell on Wednesday as troubling signs from U.S. corporations and falling demand for long-lasting manufactured goods discouraged investors already nervous about faltering debt talks in Washington.
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Stock index futures mixed; Amazon eyed

Stock index futures pointed to a mixed opening on Wall Street on Wednesday, with futures for the S&P 500 up 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq 100 futures down 0.13 percent at 0940 GMT.
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S&P sees 2nd Greek debt haircut, new downgrade: report

A new and bigger restructuring of Greek debt is likely within the next two years, an official from credit ratings agency Standard & Poor's said on Tuesday, adding a further downgrade of Greece's sovereign debt rating was pretty certain.
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Amazon revenue surges, stock jumps

Amazon.com Inc reported a surge in quarterly revenue on sales of its kindle electronic reader and other electronics and forecast far better-than-expected revenue for the current quarter, sending its shares up more than 6 percent.

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