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Wall Street stands with two Fed-hike outlook for 2017: Reuters poll

EghtesadOnline: Wall Street 's top banks expect just two rate hikes from the Federal Reserve this year and see only modest risk to the U.S. central bank being pressed into a more aggressive pace of monetary policy tightening, a Reuters poll showed on Friday.
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Publish Date:04/February/2017 | 13:44

Trump ignites political fight over U.S. banking law reforms

EghtesadOnline: U.S. President Donald Trump on Friday ordered reviews of major banking rules that were put in place after the 2008 financial crisis, drawing fire from Democrats who said his order lacked substance and squarely aligned him with Wall Street bankers.
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Publish Date:04/February/2017 | 05:15

Wall St. edges up on gains in consumer stocks

EghtesadOnline: U.S. stocks reversed course and were up slightly on Thursday, as a rise in consumer shares helped offset losses in financials, but investors remained cautious over President Donald Trump's isolationist policies.
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Publish Date:02/February/2017 | 17:46

Wall St. slightly lower at open

EghtesadOnline: U.S. stocks were slightly lower at the open on Friday as investors took a breather following the Dow Jones Industrial Average's three-day winning streak, which has kept the index firmly above the 20,000 mark.
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Publish Date:27/January/2017 | 19:26

Boosted by Apple, Wall Street parties like it's 19,999

EghtesadOnline: The Dow came within one point of 20,000 for the first time on Friday and the Nasdaq and S&P 500 reached record highs, boosted by Apple, extending a two-month rally fueled by optimism about U.S. President-elect Donald Trump.
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Publish Date:07/January/2017 | 05:32

Wall Street set to open higher, Fed minutes eyed

EghtesadOnline: Wall Street looked set for a second day of gains on Wednesday as oil prices edged up slightly, and investors awaited the minutes of Federal Reserve's December meeting in which it raised interest rates.
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Publish Date:04/January/2017 | 14:44

Wall Street lawyer Jay Clayton emerges as Trump’s top SEC choice

EghtesadOnline: Wall Street lawyer Jay Clayton, who has worked on high-profile initial public offerings such as Alibaba Group, is a leading candidate to head the U.S. Securities and Exchange Commission in the Trump administration, two sources familiar with the matter said on Tuesday.
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Publish Date:04/January/2017 | 05:10

Wall St. thinks stocks will rise in 2017 - What could go wrong?

EghtesadOnline: Wall Street 's rally could be derailed by renewed worries about President-elect Donald Trump's policies, a resurgent dollar or potential wild-card events like cyber attacks or a trade war, investors say as they look to 2017.
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Publish Date:31/December/2016 | 13:59

How Deutsche's big bet on Wall Street turned toxic

EghtesadOnline: Deutsche Bank's pursuit of success on Wall Street has come at a high price, a $7 billion plus penalty illustrating the extent of its decline since 2008 when its then chief executive claimed it was one of the "strongest banks in the world".
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Publish Date:24/December/2016 | 14:45

Wall Street to Fed: Not so fast; dealers see only two hikes in 2017 - Reuters Poll

EghtesadOnline: Wall Street 's top banks were not immediately swayed Wednesday by signals from the Federal Reserve that the pace of interest rate hikes could pick up significantly next year, sticking instead to a view that the U.S. central bank will lift borrowing costs no more than twice in 2017, according to a Reuters poll.
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Publish Date:15/December/2016 | 08:55

Boring Wall Street Analyst Notes Are Out. Bold and Funny Are In.

EghtesadOnline: Call it clickbait for Wall Street . But instead of 17 Cat Vines That Will Slay You Every Time, Bank of America Merrill Lynch is putting its hard-won reputation as the world’s top-ranked researcher on the line as it seeks to redefine how to sell ideas to the financial elite.
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Publish Date:05/December/2016 | 11:41

Wall Street Wins Again as Trump Chooses Bankers and Billionaires

EghtesadOnline: Hedge fund manager Whitney Tilson was feeling happy Wednesday morning. After Donald Trump ridiculed Wall Street on the campaign trail, the President-elect tapped former Goldman Sachs Group Inc. executive Steven Mnuchin to be his Treasury secretary and billionaire investor Wilbur Ross to lead the Commerce Department. Trump even met with Goldman Sachs President Gary Cohn inside Trump Tower.
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Publish Date:30/November/2016 | 21:37

Asia stocks share some Wall St joy, U.S. yields a burden

EghtesadOnline: Asian stocks bounced to one-week highs on Wednesday as investors tried to share in the exuberance of Wall Street 's record run, while high U.S. bond yields kept the dollar well underpinned.
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Publish Date:23/November/2016 | 16:36

U.S. stock futures point to extension of post-election rally

EghtesadOnline: U.S. stock index futures were higher on Tuesday, pointing to an extension of the post-election rally, a day after Wall Street closed at record levels on hopes that President-elect Donald Trump's policies would prove market friendly.
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Publish Date:22/November/2016 | 13:18