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By MADLEN READ
AP Business Writer
NEW YORK (AP) – Lowered expectations for the global economy aregiving investors more to be wary about.
Stock futures retreated early Monday as the World Bank added to the market’s growing economic worries. The Washington-basedmultilateral lender predicted the world economy will shrink 2.9percent in 2009. That estimate was worse than its previous [...]
Written on June 22, 2009 | Posted in
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NEW YORK (AP) – Investors remain cautious as they await reports on housing and inflation a day after a stock market slide.
Stock futures are moderately higher Tuesday after major market indexes fell sharply Monday. Investors have been worrying that a three-month rally would lose momentum. Traders are also concerned that a recovery in the U.S. [...]
Written on June 16, 2009 | Posted in
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NEW YORK (AP) – Stock index futures rose modestly Thursday morning, pointing to a higher opening on Wall Street ahead of some key economic data.
Wall Street is trying to bounce back after a moderate decline Wednesday amid growing worries about rising interest rates and energy prices. European markets were up fractionally Thursday after a mixed [...]
Written on June 11, 2009 | Posted in
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NEW YORK (AP) – Wall Street was set for a lower open Monday following declines in Europe and as investors look to take a pause in a three-month rally. Stock futures fell.
With little economic data due out early in the week, investors could book some gains and try to determine if the recent surge has [...]
Written on June 8, 2009 | Posted in
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NEW YORK (AP) – Wall Street headed for a slightly lower open Wednesday as investors awaited more evidence on the health of the economy.
U.S. stock futures reflected the uncertainty in overseas markets, where buying was subdued by concerns over the sustainability of a four-month rally. Key market gauges fell almost 2 percent in London and [...]
Written on June 4, 2009 | Posted in
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NEW YORK (AP) – U.S. stock futures were little changed Tuesday, as markets around the world took a breather from the massive gains logged the previous day.
Overseas markets were narrowly mixed, while oil prices retreated following a surge Monday on upbeat readings on manufacturing activity in the U.S., China and Europe.
U.S. investors will be looking [...]
Written on June 2, 2009 | Posted in
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NEW YORK – Reassuring words from Federal Reserve Board chairman Ben Bernanke and strong gains overseas have Wall Street poised to extend a four-day rally. Futures pointed to a higher opening Monday.
Bernanke said Sunday night the recession would probably end this year if the government’s program to boost the ailing banking sector succeeds. The Fed [...]
Written on March 16, 2009 | Posted in
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By PAN PYLAS
AP Business Writer
LONDON (AP) – European stock markets trimmed some of their earlier losses Thursday after better than expected U.S. retail sales figures for February supported Wall Street futures despite more grim jobs news from the world’s largest economy.
The FTSE 100 index of leading British shares was down only 13.84 points, or 0.4 [...]
Written on March 12, 2009 | Posted in
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By SARA LEPRO
AP Business Writer
NEW YORK – Wall Street appeared ready Wednesday to extend its big rally into a second day.
Stock index futures pointed higher after markets around the world followed the lead of U.S. investors who bought stocks furiously Tuesday on news that Citigroup Inc. was operating at a profit.
However, analysts were still very [...]
Written on March 11, 2009 | Posted in
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Specialist Thomas J. Facchine works his post on the trading floor of the New York Stock Exchange Friday, March 6, 2009. Though stocks might bounce Friday given how far they’ve fallen, many analysts believe there is little keeping them from sinking further. (AP Photo/David Karp)
Written on March 6, 2009 | Posted in
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