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Courtney Raio
25 Jan, 2012 | 06:21 PM
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Markets reversed their course and ended in positive territory thanks to the FOMC statement that interest rates, kept unchanged at 0.25%, will likely stay extremely low until 2014 which is later than the original forecast of mid-2013. ...
Courtney Raio
24 Jan, 2012 | 06:21 PM
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Markets were mixed after talks to resolve the Greek debt crisis faltered when euro zone officials rejected a final offer from the country's private bondholders. Disappointing guidance from Johnson & Johnson and Travelers weighed on the Dow. Domestically, eyes are on the State of the Union Address this evening as well as the FOMC Rate decision expected tomorrow.  Expectations are that there will be no change to interest rates currently at 0.25%. ...
Courtney Raio
23 Jan, 2012 | 06:31 PM
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Markets ended the day mixed with the DJIA closing down after spending half of the day in positive territory.  Investors are somewhat stalled waiting for news out of Greece on debt negotiations, a busy week of U.S. earnings and an FOMC meeting tomorrow and Wed. Late reports out of Brussels sound like negotiations have hit a rough spot and may be further from a resolution than initially hoped. ...
Courtney Raio
20 Jan, 2012 | 06:11 PM
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U.S. Markets were mixed largely driven by corporate earnings results with no new news out of Europe.  IBM, Microsoft, and Intel lead the Dow higher while Google dragged the Nasdaq into negative territory. ...
Charles Brown
20 Jan, 2012 | 11:08 AM
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Breakfast Bites; The markets are trading in mixed territory this morning following a good week of earnings, economic news and optimism that the EU will overcome its debt crisis despite Greece entering into day 3 of negotiations with private creditors. It is being held somewhat in check as traders are conscious of this being a Friday before a weekend, an options expiration day and the feeling that the markets rapid rise might be a little overbought ...
Courtney Raio
17 Jan, 2012 | 06:10 PM
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Markets ended higher today though off their highs, buoyed by economic news coming from the U.S., China and Germany. New York manufacturing activity accelerated in January, and a majority surveyed expect to expand their work force this year, according to the Federal Reserve Bank of New York's Empire State Manufacturing Survey released Tuesday. The Empire State's business conditions index rose to 13.48 (+11 was forecasted) this month from a revised 8.19 in December, first reported as 9.53. ...