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Tag Archives: markets

Surge in crude oil pushes energy, other stocks higher

NEW YORK — Stocks are jumping Monday as the price of oil surges, lifting energy stocks. Mining and chemicals companies and banks are also climbing. The stock market is coming off its best week of the year. KEEPING SCORE: The Dow Jones industrial average jumped 204 points, or 1.2 percent, to 16,595 as of 10:27 a.m. Eastern time. The Standard ...

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(UPDATE) US stocks rising for the second day in a row in broad rally

NEW YORK — Stocks are climbing Tuesday and building on their gains from late last week. Strong quarterly reports are boosting companies including Hormel Foods and Restaurant Brands International, and retailers are also rising. Home security company ADT is surging after it agreed to be bought by an investment company. KEEPING SCORE: The Dow Jones industrial average rose 161 points, ...

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Stocks fall sharply as banks, tech sectors take a beating

Steep losses in financial, technology and other companies sent U.S. stocks sharply lower in midday trading Monday. The decline followed drops in Europe and set the market on course for its second big loss in a row. Crude oil prices slumped again. KEEPING SCORE: The Dow Jones industrial average fell 308 points, or 1.9 percent, to 15,897 as of 12:25 ...

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US stocks join global rally as energy prices jump again

NEW YORK — U.S. stocks are jumping Friday morning as a rally that started in Asia reaches America and energy prices continue to climb from their recent lows, lifting oil and gas stocks. KEEPING SCORE: The Dow Jones industrial average gained 233 points, or 1.5 percent, to 16,115 as of 10:20 a.m. Eastern time. The Standard & Poor’s 500 index ...

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US stocks open higher on European stimulus speculation

NEW YORK — U.S. stocks rose in early trading on Thursday, boosted by a combination of positive economic news from the U.S. and expectations of stimulus from Europe’s central bank. The price of oil is also showing tentative signs of stabilizing. The market is bouncing back from a big slump in the first trading days of the year. KEEPING SCORE: ...

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Peanut producers feeling good about crop, market

ACROSS MISSISSIPPI — Mississippi peanut producers should have a wonderful feeling about the 2012 crop as almost everything is going their way, including buyers from Oklahoma. Mike Howell, state peanut specialist with the Mississippi State University Extension Service, said many of the factors favoring Mississippi’s crop this year, started last year. “The 2011 drought in Texas reduced the amount of ...

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World markets retreat on Wall Street uneasiness

LONDON (AP) — European stocks markets were dragged lower today by an expected retreat on Wall Street, at the start of a major week on the economic news front that may go a long way to determining investors’ views about the world economy going into the last quarter of the year. In Europe, the FTSE 100 index of leading British ...

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Entergy makes Dow Jones indexes again

NEW ORLEANS — The Dow Jones Sustainability Indexes has again named Entergy Corporation to its World Index and North America Index for 2010. According to Entergy, it was one of only five U.S. utility companies selected to the world index and one of only 10 utilities selected to the North America index. Entergy has been recognized by the DJSI North ...

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Stock futures rise on strength of Chinese economy

NEW YORK — Stock futures rose sharply today as investors gained confidence in the banking sector following the passage of new global regulations and China’s economy continued its robust growth. Global regulators agreed to reforms that could help avert another credit crisis that plagued financial markets worldwide in 2008. Banks will gradually have to increase their reserves to protect against ...

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Hitachi calls on Japanese government to tackle yen

TOKYO — The new president of Hitachi Ltd. urged the government to tackle the strong yen, which is squeezing business as he seeks to transform one of Japan’s biggest companies. Five months into the job, Hiroaki Nakanishi described the Japanese currency, which hit a fresh 15-year high of 83.32 yen to the dollar last week, as creating “big pressure” for ...

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