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S&P, Dow touch record highs as stocks of technology, consumer discretionary sectors boost

S&P, Dow touch record highs as stocks of technology, consumer discretionary sectors boost

Fri, Sep 21, 2018

The consumer discretionary sector sector gained 0.38 percent, helped by shares of McDonald`s and Amazon.com. McDonald`s rose 2.1 percent after the company said it would raise its quarterly dividend by 15 percent to $1.16.

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Wall Street flat on trade worries as investors weigh escalating trade dispute between US and China

Wall Street flat on trade worries as investors weigh escalating trade dispute between US and China

Mon, Aug 06, 2018

China proposed a set of differentiated tariffs on $60 billion worth of U.S. imports last week, retaliating to the Trump administration`s plans of 25 percent tariffs on $200 billion worth of Chinese imports.  

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Dow set to snap eight-day losing run as oil climbs

Dow set to snap eight-day losing run as oil climbs

Fri, Jun 22, 2018

U.S. stocks rose on Friday with the Dow Jones Industrial Average looking to snap its 8-day losing streak, powered by a surge in oil prices, but losses in technology stocks curbed some gains.

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US stocks: Wall Street lower as fresh tariffs rekindle trade war fears

Thu, May 31, 2018

US stocks fell on Thursday after the United States decided to impose tariffs on aluminium and steel imports from Canada, Mexico and the European Union, sparking fresh worries over a trade war with its top allies.

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New US Fed chair Jerome Powell wins Wall Street praise despite stock drop

New US Fed chair Jerome Powell wins Wall Street praise despite stock drop

Wed, Feb 28, 2018

Jerome Powell’s prepared testimony and parrying of questions during the roughly three-hour hearing at the House of Representatives Financial Services Committee reassured investors about his ability to steer the Fed.

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Asian markets rebound as US Fed eases rate hike worries

Asian markets rebound as US Fed eases rate hike worries

Fri, Feb 23, 2018

Asian shares rebounded on Friday as comments from a Federal Reserve official eased worries that the central bank might raise rates more aggressively this year, while the safe-haven yen held on to its gains amid heightened volatility across markets. 

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Asian markets recover from 2-month lows as Wall Street bounces

Asian markets recover from 2-month lows as Wall Street bounces

Tue, Feb 13, 2018

Asian stocks pulled further away from two-month lows on Tuesday, lifted by Wall Street's extended rebound from last week's steep fall, but investors remained cautious ahead of US inflation data later in the week. 

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Key developments to track today: SGX Nifty tanks 250 points and more

Key developments to track today: SGX Nifty tanks 250 points and more

Fri, Feb 09, 2018

The domestic market is expected to open sharply lower, tracking a negative trend seen in global markets after Wall Street plummeted around 4 per cent overnight in yet another dramatic session, with the Dow Jones slipping below its 100-DMA. 

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MAYHEM ALL AROUND: SGX Nifty tanks over 3%; gap-down opening expected

MAYHEM ALL AROUND: SGX Nifty tanks over 3%; gap-down opening expected

Tue, Feb 06, 2018

The domestic market are expected to witness a gap-down opening, falling for sixth straight session as global markets extended losses, following a severe crash on Wall Street. 

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Wall Street crashes; Dow notches its biggest intraday decline in history

Wall Street crashes; Dow notches its biggest intraday decline in history

Tue, Feb 06, 2018

US stocks plunged in highly volatile trading on Monday, with both the S&P 500 and Dow Industrials indices slumping more than 4.0 percent, as the Dow notched its biggest intraday decline in history with a nearly 1,600-point drop and Wall Street erased its gains for the year.

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Dow breaches 26,000 mark on robust earnings reports

Dow breaches 26,000 mark on robust earnings reports

Tue, Jan 16, 2018

Citigroup jumped 1.4% after the lender reported profit that topped Wall Street expectations 

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Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Global Markets: U.S. tax bill, Russian probe whipsaw financial markets

Sat, Dec 02, 2017

Stocks and the greenback tanked mid-session after an ABC report that former national security adviser Michael Flynn was prepared to testify that Donald Trump instructed him to make contact with Russians during the presidential campaign.

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Asian shares dip on profit-taking after Dow hits 22,000

Asian shares dip on profit-taking after Dow hits 22,000

Thu, Aug 03, 2017

"Those shares that were bought heavily on Tuesday are being sold aggressively. I would suspect investors want to take profits quickly after they saw a sharp correction last week," said Yukino Yamada, senior strategist at Daiwa Securities.

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Global Markets: Oil price jump on U.S. inventories slide boosts stocks

Global Markets: Oil price jump on U.S. inventories slide boosts stocks

Thu, May 11, 2017

Oil prices held on to 3 percent-plus overnight gains, their biggest one-day jump since Dec. 1, following a steep drop in U.S. inventories and support from Iraq and Algeria for an extension to OPEC supply cuts.

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Asia shares creep up to near 2-year peak, dollar firms

Asia shares creep up to near 2-year peak, dollar firms

Thu, Mar 30, 2017

Japan`s Nikkei stock index was down 0.2%, while Australian shares firmed, helped by gains in oil prices. Strong energy shares had helped the U.S. S&P 500 end higher overnight.

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Asia stocks set to end week higher, dollar slides after Fed

Asia stocks set to end week higher, dollar slides after Fed

Fri, Mar 17, 2017

"The story in global markets over the past 24 hours has centred on a broad-based tightening of monetary policy conditions (and the perception of future tightening)," Chris Weston, chief market strategist at IG in Melbourne, wrote in a note. 

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Dollar crunched, bonds boosted as Fed goes gradual

Dollar crunched, bonds boosted as Fed goes gradual

Thu, Mar 16, 2017

"The Fed makes the world safe for risk until June," said CitiFX strategist Steven Englander. "Buy emerging market FX, equities, commodities."

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Sensex crosses 29,000-mark, Tata Motors rise3%

Sensex crosses 29,000-mark, Tata Motors rise3%

Thu, Mar 02, 2017

Analysts at HDFC Securities said, "The markets are likely to open positive today, driven by positive domestic and global cues, following US President Donald Trump's Joint Congress address. Realty and Metal is expected to trade in positive zone, while Auto and Energy sectors are likely to trade in the negative zone."

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Asian shares advance, dollar supported by March rate hike bets

Asian shares advance, dollar supported by March rate hike bets

Thu, Mar 02, 2017

Trump pledged to deliver "massive" tax relief to the middle class and corporate tax cuts, to spend heavily on infrastructure and to ease regulations -- steps that have helped to push U.S. stocks higher since his election victory in November.

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Global stocks, dollar subdued with investors cautious on US election outcome

Global stocks, dollar subdued with investors cautious on US election outcome

Tue, Nov 08, 2016

Trade was largely driven by cautious expectations of a win for Democrat Hillary Clinton, but some sharp swings in recent days across all asset classes meant big bets were relatively thin on the ground as Americans started voting.

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