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Tag Archives: stocks and bonds

Stocks set for a modest fall on bad economic news

NEW YORK — Stocks were set for a modest fall today as caution persists about the health of the economy ahead of reports on private employment and the services industry. A report from payroll company ADP is expected to show private employers slightly ramped up hiring in July, while the Institute for Supply Management’s index on service sector activity is ...

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Stocks set to kick off month with big gain

NEW YORK — Stocks are set to kick off the new month with a big gain today after strong economic and earnings reports overseas added to hopes a global recovery is picking up pace. In the U.S. though, signs continue to point to a slowdown in growth. Investors will closely watch a key reading on the manufacturing sector due out ...

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Stock futures rise on good news from Europe

NEW YORK — Stock futures rose today following further signs that Europe’s economy is bouncing back faster than expected. Strong earnings worldwide gave European markets a lift ahead of earnings reports from many U.S. companies including Colgate-Palmolive, ExxonMobil Corp. and Motorola Inc. U.S. markets received a boost over the past couple of weeks because of largely better-than-expected earnings and hopeful ...

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Stock futures trade on narrow margin

NEW YORK — Stock futures traded in a narrow range today as investors put a recent rally on pause and European markets reacted coolly to tests measuring the health of the continent’s banking system. European markets showed little movement as investors had their first chance to react to a series of tests to determine the health of the continent’s big ...

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European markets show little change

LONDON — European markets were little changed today even though the results of the stress tests into 91 EU banks have been met with a degree of skepticism — while the simulations gave a broadly positive view of the region’s financial sector, a number of analysts question their rigor. In Europe, the FTSE 100 index of leading British shares was ...

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Ford's $2.6B profit surprises Wall Street

DEARBORN, Mich. — Ford Motor Co. surprised Wall Street with a $2.6-billion profit in the second quarter as it continued to grab sales from rivals in a slowly recovering U.S. market. It was Ford’s fifth straight quarterly profit. The company also expects to be profitable in the second half of the year, although less profitable than in the first half. ...

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Stock futures rise after brutal Friday

NEW YORK — Stocks were set to bounce back modestly today after a brutal close to the previous week. Futures rose today. Investors were ready to buy stocks in the first session after the Dow Jones industrial average plummeted 261 points. Stocks tumbled Friday as traders became concerned that future revenue at big banks like Citigroup Inc. and Bank of ...

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Stock futures point toward another winning day

NEW YORK — Upbeat reports from Alcoa and CSX to kick off earnings season sent stock futures higher today. The market is set to build on a five-day winning streak. Investors welcomed better-than-expected profits from aluminum maker Alcoa Inc. and railroad operator CSX Corp. They each said volume and sales increased during the second quarter, a welcome sign during a ...

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Stocks up for fourth consecutive day

NEW YORK — Stocks rose for a fourth day today after China renewed Google Inc.’s license to operate in the country. The Dow Jones industrial average rose about 35 points in morning trading after posting its biggest three-day advance since mid-May. The renewal of Google’s license was in doubt because of a strained relationship between the company and China’s government ...

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Stock futures dip after three-day rally

NEW YORK — Stock futures fell slightly today as investors paused after a big three-day rally and prepared for upcoming earnings season. Traders often avoid making big bets just before earnings releases since they provide a clear picture of how strong a company is performing. Outlooks for future growth will also be closely scrutinized because disappointing economic reports in recent ...

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