EQUITIES

S&P 500 eyes best week in nine

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Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks.

Outgunned by Wall St, SEC warns of fraud

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Tighter budgets at the Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.
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Wall Street little changed after jobs report

Stocks were little changed on Friday after January's U.S. unemployment report showed the jobless rate fell to a 21-month low, but the number of newly created jobs barely grew.
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Nippon-Sumitomo merger stirs hope for steel shakeup

Plans by Nippon Steel Corp <5401.T> and Sumitomo Metal Industries <5405.T> to create the world's No. 2 steelmaker fanned expectations of further consolidation in the fragmented industry, sending Japanese steelmakers shares surging on Friday.
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Stocks rise, bonds slip before U.S. payrolls

World share prices rose while bonds fell on Friday as investors positioned for the possibility of strong U.S. jobs data, which would bolster the view of a recovering global economy and further boost riskier assets.
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U.S. data and M&A lifts stocks

Japanese shares rose on Friday, lifted by news of a mega merger in the steel sector, while a rebounding dollar put a slight dent in a commodities rally that saw copper hit a record $10,000 a tonne in the previous session.
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Investors rotate into retail stocks

Retailers were a standout in an otherwise flat market on Thursday as a bigger-than-expected rise in sales at U.S. chain stores helped dispel some of the concern about the U.S. consumer.
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Wall St slips on Egypt concerns

U.S. stocks slipped on Thursday as concerns over increasing disorder in Egypt and signs of exhaustion in the recent market rally weighed on investor sentiment.
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Wall St slips as rally loses steam

U.S. stocks slipped on Thursday as concerns over increasing disorder in Egypt and signs of exhaustion in the recent market rally weighed on investor sentiment.
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Dow Chemical profit tops expectations

Brisk agricultural, plastic and electronic sales helped Dow Chemical Co, post a better-than-expected fourth-quarter profit, with earnings from joint ventures in the glass and energy sectors particularly strong.
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Wall St edges lower as Egypt unrest weighs

U.S. stocks opened slightly lower on Thursday as investors weighed hints of an improving economy against increasing disorder in Egypt and signs pointing to an end to the recent rally.
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Starwood Hotels Q4 profit tops Wall Street

Starwood Hotels & Resorts Worldwide Inc , operator of the W and Sheraton hotels, posted a better-than-expected quarterly profit, helped by increased revenue per available room in North America and Asia Pacific.
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S&P says no plans to cut U.S. rating in medium term

Ratings agency Standard & Poor's does not have any plans to downgrade the U.S. sovereign debt rating, but it believes credit risk may increase in the long term, a senior official at the agency said on Thursday.
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Futures see little change on Wall Street open

Stock index futures pointed to a quiet open for Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones up 0.1 percent, and Nasdaq futures down 0.1 percent at 4:34 a.m. ET.
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Stocks slip, oil surges on Egypt turmoil

World stocks fell and oil surged above $103 a barrel on Thursday as violence in Egypt escalated, adding to concerns about inflationary pressures which could threaten the global economic recovery.
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Japanese stocks ease amid Egypt unrest

Japanese stocks eased on Thursday as escalating violence in Egypt prompted investors to move to safer assets, while commodities extended their recent gains, underscoring growing inflationary pressures that could threaten the global economic recovery.
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Stock futures flat after ADP report

U.S. stock index futures were little changed on Wednesday after a report showed U.S. private sector added more jobs than expected in January.
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Mattel beats Wall Street on strong demand

Mattel Inc, the maker of Barbie dolls and Hot Wheels cars, posted quarterly results that breezed past market estimates, helped by strong demand across its brands.

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