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13 May 2004 03:38 AM
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ING, SocGen Lift European Shares:
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European shares edged up from near seven-week lows on Thursday, rescued by a late revival on Wall Street and some bullish earnings news in the financial sector, though telecoms were a weak spot.
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13 May 2004 02:14 AM
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US stock market closed mixed on Wednesday:
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U.S. blue chips rose on Wednesday in a late-day rally as investors bought stocks that had sunk to year lows in recent sessions, setting aside persistent worries about oil prices near a record high, rising interest rates and brewing violence in Iraq. The technology-laden Nasdaq ended slightly lower.
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12 May 2004 02:41 PM
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Disappointing corporate results undermine bourses:
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Tuesday’s rally across European stock markets ground to a halt on Wednesday as a handful of disappointing corporate results took the market by surprise and cut the ground from underneath the market’s optimists who have been banking on the results season to bolster sentiment.
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12 May 2004 05:32 AM
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European market open lower:
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European stocks eased on Wednesday as investors digest a slew of company earnings including disappointing profits from Dutch insurer Aegon and aerospace giant EADS
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12 May 2004 05:17 AM
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Japan market ends up on Wednesday:
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Tokyo’s Nikkei share average posted its biggest gain this year on Wednesday after news of a rise in Japan’s weighting in the closely watched MSCI indices helped lure investors back after a recent sell-off.
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12 May 2004 03:42 AM
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US stock market rose on Tuesday:
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U.S. stocks rose on Tuesday, ending a three-day losing streak, as shares that tumbled to 2004 lows in the previous session lured buyers, though oil's spike above $40 a barrel restrained Wall Street's mood.
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11 May 2004 03:21 PM
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European stocks swing higher on Tuesday:
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The gloom that provoked hefty losses across global markets on Monday lifted somewhat on Tuesday and enabled European stocks markets to recoup some of their losses.
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11 May 2004 05:49 AM
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Nikkei Snaps Losing Streak:
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Japanese stocks closed higher on Tuesday on bargain hunting after the Nikkei average had lost 1,200 points over the previous six sessions due to fears that a rise in interest rates could slow growth in the U.S. economy.
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11 May 2004 05:32 AM
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Wall St stocks dive amid global declines:
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Selling spread through Wall Street like wildfire on Monday, pushing the indices sharply lower amid continued fears of a looming rise in interest rates, higher energy prices and concerns about instability in Iraq.
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10 May 2004 12:00 AM
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Europe sinks to 6-week lows :
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Growing fears that the Federal Reserve may raise borrowing costs as soon as June pushed European shares to a six-week low Monday, with interest-rate sensitive stocks such as financials the hardest hit.
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08 May 2004 05:59 AM
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Europe bourses lose sparkle as investors book profits :
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A week that promised much and began on a firm note for European stocks ended flat after another dose of profit-taking, provoked by overnight falls on Wall Street on Thursday and a difficult opening in the US yesterday.
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08 May 2004 05:01 AM
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US stock market dropped on Friday:
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The more good news seemed to pile up through the week, the more sour Wall Street got. On Friday morning the good news became too much to bear, sending stock indices from flat for the week to negative.
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07 May 2004 09:45 AM
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Can this fund be salvaged? Vanguard tries to revive lagging U.S. Growth portfolio:
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Once a flagship of The Vanguard Group's large-growth stock funds, its U.S. Growth Fund has been dead in the water for some time.
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07 May 2004 05:13 AM
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Greenspan warns of deficit threat :
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The soaring budget deficit could impact long term US economic stability, warned Federal Reserve Chairman Alan Greenspan in a speech.
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07 May 2004 03:40 AM
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Tokyo lower on fear of US rate hike:
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Japanese stocks fell for a fifth consecutive session on Friday morning on worries that US employment data set for release later in the day may raise the chance of a federal interest rate hike.
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