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Tag Archives: markets

BP shares gain on oil spill report

LONDON — Shares in BP PLC have extended gains after the release of an internal report on the disastrous oil spill in the Gulf of Mexico that deflects much of the blame onto contractor Transocean. The stock was up 2 percent at 414.95 pence ($6.41) shortly after the report was made public today. BP fulfils analysts’ expectations by taking some ...

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Stock futures edge up after yesterday's retreat

NEW YORK — Stock futures rose slightly today as investors tried to brush off fresh worries about the health of European banks. Major indexes had retreated yesterday after new questions surfaced about exactly how much potentially risky government debt European banks are holding. That snapped a strong four-day rally in the U.S. where investor optimism grew following reports on employment ...

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Stock futures fall as investors await reports

NEW YORK — Stock futures slipped today, a day after investors sent stocks surging to start the new month. The hesitancy to extend the market’s big gains came as investors prepare for key readings on the jobs market over the next two days. Retailers are also reporting monthly sales figures today, while data on factory orders and pending home sales ...

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Stock futures surge on good news from overseas

NEW YORK — Stock futures surged today after upbeat signs of growth in China and Australia alleviated worries about a global economic slowdown. Overseas markets rose sharply after reports showed the pace of growth in China’s manufacturing sector rose in August for the first time in four months and Australia economy grew by the fastest pace in three years during ...

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Stock futures fall on investors' jitters

NEW YORK — Stock futures fell slightly today as investors were cautious entering a week that provides the latest report on the jobs market. Employment data has become the most important information for traders recently because jobs growth is considered the best way the recovery can get back on track. Signs of a slowdown in growth has plagued the market ...

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Stock futures rise after recent retreat

NEW YORK — Stock futures rose modestly day as investors tentatively move back into the market after a recent retreat because of worries about the economy. There are no major economic reports due out today that could sway trading. So while investors are set to buy stocks, they are buying Treasury bonds as well. That has sent interest rates slightly ...

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Stock futures rise as investors anticipate reports

NEW YORK — Stock futures rose today as investors anticipate fresh reports will signal the economy continues to grow, albeit slowly. Economic reports in recent days have indicated the economy is growing at a tepid pace, but they have been enough to reassure investors that the economy isn’t falling back into recession. That comes after weeks of more discouraging reports ...

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Regulators try to ease fears about Chinese agencies

BEIJING — Regulators tried today to ease fears about dangers posed by the heavy debts of local Chinese government investment agencies, saying some might not be able to repay loans but banks face no systemic risk. The World Bank and private sector analysts have warned about heavy debt at such agencies, which invest in real estate and infrastructure. They said ...

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World markets post modest gains

BANGKOK — World markets mostly posted modest gains today as a steady drumbeat of bad news about the global economic recovery kept new bets on stocks in check. After Japan yesterday became the latest major economy to report slower growth in the second quarter, a regional manufacturing report in the U.S. further disappointed investors. Oil prices, meanwhile, edged above $75 ...

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Stock futures inch lower on bad news from Japan

NEW YORK — Stock futures inched lower after Japan became the latest country to report slowing growth, adding to concerns about the pace of a global economic recovery. Japan reported its economy grew just 0.1 percent in the second quarter, well below the 1.2 percent growth in the first quarter and short of expectations. The report follows signs last week ...

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