AP – World stock markets were mixed Wednesday, as encouraging signs about the U.S. economy were tempered by investors’ fears that time was running out for Greece to fix its debt crisis.
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Reuters – Asian stocks slipped on Thursday on weakness in the U.S. and European share markets and caution ahead of an Italian debt sale, though year-end window dressing of portfolios by some traders helped trim losses.
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Read More »Reuters – Get ready. The last trading week of the year will be a test for stocks to prove whether they have the strength to carry a rally into next year.
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AP – European markets closed higher Friday ahead of the Christmas break even though a batch of disappointing U.S. economic figures reined in some of the recent optimism over the state of the world’s largest economy.
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Reuters – European stocks rallied and the euro was well bid Wednesday as investors priced in an improvement in the economic outlook and looked forward to a big take up by banks of the European Central Bank’s first-ever offer of three-year loans.
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Read More »Reuters – It is a good time to be a U.S. stock investor for the long term – if you can ignore the noise erupting every few hours.
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Reuters – A rally in stocks fizzled, leaving major indexes with modest gains on Friday, as Wall Street was torn between hope that U.S. economic data signals better times ahead and fear Europe’s debt crisis will engulf world economies.
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AP – Stocks edged lower in midday trading Wednesday as differences emerged between European officials struggling to craft a debt-crisis deal ahead of this week’s leadership summit. The Dow Jones industrial average fell 15 points.
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