EQUITIES

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Budget proposal only a temporary fix: S&P

President Barack Obama's budget proposal for 2012 is not a permanent fix for finances and chances are it will be watered down in Congress, Standard & Poor's chief economist said on Monday.

Wall St edges up, could see brief pullback

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The S&P and Nasdaq ticked higher on Monday, though persistently below-average volume suggested that investor enthusiasm was waning after gains carried stocks to 2 1/2-year highs last week.

Stock futures dip after strong run for stocks

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U.S. stock index futures edged lower on Monday after Wall Street posted two straight weeks of gains that drove indexes to new multi-year highs and investors worried the market is overextended.
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Wall St falls after strong run

U.S. stocks fell on Monday after posting two straight weeks of gains that drove indexes to new multi-year, although a recent pattern of buying on market declines was likely to continue.
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Asian stocks shine, China inflation data eyed

Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.
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Asian stocks shine as Egypt worries fade

Asian stocks rose on Monday as investors greeted news of Egyptian President Hosni Mubarak's resignation with relief, while U.S. crude steadied near $85.50 per barrel after falling to 10-week lows as geopolitical tensions eased for now.
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Coke Enterprises meets Street; backs outlook

Soft drink bottler Coca-Cola Enterprises Inc reported higher fourth-quarter profit that met Wall Street estimates, helped by higher volume and pricing, and backed its 2011 profit outlook.
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Egypt unrest sends stock futures lower

U.S. stock index futures fell on Friday as uncertainty gripped markets following Egyptian President Hosni Mubarak's refusal to step down after more than two weeks of civil protests throughout the country.
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Oil rise on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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Oil rises on Egypt tensions, stocks fall

World stocks fell for the third straight day on Friday partly on growing tensions in Egypt after President Hosni Mubarak disappointed protesters hoping he would resign, though oil and the dollar advanced. Partly because of the Egypt crisis, Asian stocks were on the course for their biggest weekly loss in nine months, but European shares were more resilient, on track for a second straight week of g...
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Asia stocks set for worst weekly drop in 9 months

Asian stocks fell more than a percent and were on course for their biggest weekly loss in nine months as investors shunned risk on concerns about the pace of policy tightening in the region and growing tensions in Egypt.
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Mubarak speech sparks late gain for stocks

The S&P and Nasdaq eked out gains in the final minutes of trading on Thursday as Egyptian President Hosni Mubarak said he would delegate powers to the vice president, though he stopped short of resigning.
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Wall St falls on Cisco, but off earlier lows

U.S. stocks were lower on Thursday and the Dow was on track to snap an eight-day rally, but hopes for a possible resolution in Egypt to the political unrest that has gripped the country for more than two weeks helped equities pare earlier losses.
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Wall Street falls on earnings, techs weigh

Technology shares dragged U.S. stocks lower on Thursday as disappointing Cisco earnings overshadowed stronger-than-expected data on weekly unemployment benefits claims.
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Exchange tie-ups put focus on Asia

A wave of stock exchange consolidation globally has thrown the spotlight on Asia's bourses, sparking a rally in shares of Australia's ASX , which is trying to convince politicians to support a $7.9 billion takeover bid from Singapore Exchange .
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Unwelcome earnings news hits stocks

Disappointing corporate earnings weighed on global stock markets on Thursday, pushing major indexes lower, while shifting interest rate expectations lifted the dollar and put Britain's pound on edge.
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Asian stocks slump, dollar subdued after cautious Fed

Asian stocks suffered a second session of sharp losses on Thursday, while the dollar struggled to make much headway after the U.S. central bank chief signaled the recovery in the world's biggest economy was still fragile.
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Asian stocks subdued after cautious Fed

Asian stock markets fell on Thursday, while the dollar struggled to make much headway after the U.S. central bank chief signaled the recovery in the world's biggest economy was still fragile and warned against sharp spending cuts.

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