closing bell

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Parasnand Madho
22 May, 2012 | 07:57 AM
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Ahead of the Bell: Dow futures are trading up 17 points and S&P futures are trading up 2 points on investors optimism that the euro zone will announce new measures to combat the debt crisis, and reports about Chinese infrastructure investment that will fast track approvals to address a slowdown in the economy.  Separately, the organization for Economic Co-operation and Development (OECD) is urging the US government to tighten the budget gradually, as it could affect the fragile recovery.  Fitch rating agency cut Japan's long term ratings to A+, with a ...
Parasnand Madho
21 May, 2012 | 08:07 AM
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Ahead of the Bell: Dow futures are trading up 73 points and S&P futures are trading up 8 points. ...
Parasnand Madho
18 May, 2012 | 07:58 AM
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Ahead of the Bell: Dow futures are trading up 53 points and S&P futures are trading up 6 points despite Moody's Investor Service’s downgrade of several Spanish banks, and Fitch’s rating cut on Greece. ...
Parasnand Madho
17 May, 2012 | 07:54 AM
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Ahead of the Bell: Dow futures are trading down 27 points and S&P futures are trading down 4 points as investors worry that a Greek exit from the euro zone might cause a domino effect, and drag other peripheral countries with it.  Greece's escalating crisis, and fears of contagion to other debt laden EU members, is rattling financial markets, after the ECB said it will temporarily stop lending to some Greek banks to limit risk.          ...
Parasnand Madho
15 May, 2012 | 07:51 AM
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Ahead of the Bell: Dow futures are trading up 52 points and S&P futures are trading up 6 points on surprisingly strong economic data from Germany. Europe's largest economy reported GDP grew 0.5% in the first quarter, as a result of better than expected export figures, up from a contraction of 0.2% in the fourth quarter.  However, concerns over the future of the euro zone is keeping investors on edge, with Greece unable to form a government and on the brink of exit from the EU.          ...