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Wall Street opens higher as oil rebounds; Fed eyed

EghtesadOnline: U.S. stocks opened slightly higher on Wednesday as oil prices rebounded and investors counted down to the conclusion of the Federal Reserve's two-day meeting, where the central bank is widely expected to raise rates for the first time this year.
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Publish Date:15/March/2017 | 13:59

Wall Street steady after Yellen signals rate hike this month

EghtesadOnline: The S&P 500 and Nasdaq closed out their sixth straight week of gains with a flat session after Janet Yellen signaled the Federal Reserve is set to raise interest rates this month if employment and other economic data hold up.
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Publish Date:04/March/2017 | 05:19

Jobs Report Justifies Yellen's Patience on Rate Hike Timing

EghtesadOnline: Federal Reserve Chair Janet Yellen doesn’t need to commit. The moment Federal Reserve officials published their projections in December for three rate hikes in 2017, Wall Street ’s betting on when those would occur ratcheted higher. January’s U.S. employment report gives the chair plenty of room to defer while policy makers wait for evidence of how new measures from the Trump administration are affecting the economy. That’s the message she’ll probably convey during congressional testimony on Feb. 14-15.
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Publish Date:04/February/2017 | 04:44

Wall Street slips after soft GDP data, earnings

EghtesadOnline: U.S. stocks edged lower for a second consecutive session on Friday as some underwhelming corporate earnings and gross domestic product data offset recent enthusiasm over policy actions by President Donald Trump.
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Publish Date:28/January/2017 | 04:53

Yahoo beats Wall Street view, sees Verizon deal closing in second quarter

EghtesadOnline: Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second quarter, allaying some investor concerns that the deal might collapse.
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Publish Date:24/January/2017 | 05:19

Strong dollar lifts Japan shares, crimps commodities

EghtesadOnline: The U.S. dollar crept nearer to 14-year peaks on Wednesday as an abundance of upbeat global economic data boosted Wall Street and signs of quickening inflation dented fixed-income debt.
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Publish Date:04/January/2017 | 05:13

A volatile calm - the paradox of 2016 financial markets

EghtesadOnline: Traditional measures of volatility at historic lows and Wall Street stocks at new record highs went hand-in-hand in 2016 with traders fretting about bouts of wild stock-price swings and currency flash-crashes.
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Publish Date:21/December/2016 | 21:06

Wall Street little changed in muted pre-holiday trading

EghtesadOnline: U.S. stocks were little changed in muted pre-holiday trading on Wednesday as investors paused, a day after the Nasdaq Composite and the Dow Jones Industrial Average hit record highs.
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Publish Date:21/December/2016 | 20:31

Fed official stands by Wall Street reforms, says must complete work

EghtesadOnline: The United States "absolutely must" complete unfinished work ending the too-big-to-fail bank problem that helped plunge the global economy into recession eight years ago, an influential Federal Reserve policymaker said on Saturday.
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Publish Date:04/December/2016 | 12:11

Wall St. slips as banks, discretionary stocks drag

EghtesadOnline: U.S. stocks declined on Monday for their worst performance in nearly a month, weighed down by a pullback in the financial and consumer discretionary sectors as some investors booked profits on the heels of a record-setting week.
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Publish Date:29/November/2016 | 06:07

US retail stock rally leaves few bargains for investors

EghtesadOnline: Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names.
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Publish Date:26/November/2016 | 24:09

Wall St. opens lower as health stocks weigh

EghtesadOnline: U.S. stocks opened lower on Wednesday as a drop in the healthcare sector took the shine off a post-election rally that had powered Wall Street to record levels.
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Publish Date:23/November/2016 | 15:04