Wall Street
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Wall Street drifts with eyes on Fed; Intel drops
EghtesadOnline: U.S. stocks ended little changed in light volume on Monday, with traders eyeing a Federal Reserve meeting expected to result in an interest rate increase later this week.
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Wall Street slips on wiretap accusation, geopolitical worries
EghtesadOnline: U.S. stocks opened lower on Monday amid losses across sectors as investors' appetite for risk was curbed by geopolitical tensions in Asia and President Donald Trump's accusation…
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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…
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This Is What Wall Street Is Saying About Donald Trump's Speech to Congress
EghtesadOnline: U.S. President Donald Trump's much-anticipated debut address to Congress was light on policy detail and big on rhetoric.
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Warren Buffett rails against fee-hungry Wall Street managers
EghtesadOnline: Billionaire Warren Buffett, whose stock picks over several decades have enriched generations of Berkshire Hathaway Inc (BRKa.N) shareholders, delivered a black eye to the investment…
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White House Chaos Doesn’t Bother the Stock Market
EghtesadOnline: Follow the money: it’s a classic Washington catchphrase. And if you follow the money on Wall Street right now, it’s hard to see how all that chaos in the White House you’ve been…
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Apple, banks push Wall Street to all-time high
EghtesadOnline: Major U.S. stock indexes established record highs on Tuesday, led by bank stocks after Federal Reserve Chair Janet Yellen said it would be unwise to wait too long to raise interest…
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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…
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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…
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Wall St. Week Ahead: Dollar's sudden weakness could help U.S. profit picture
EghtesadOnline: Stock investors could have at least one less worry in the next earnings period: the suddenly limp U.S. dollar.
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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…
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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…
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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…
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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…
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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…
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Wall Street Week Ahead: Optimism among S&P 500 CEOs as Trump takes power
EghtesadOnline: U.S. President Donald Trump's administration is only hours old, but already a small parade of S&P 500 companies' chiefs have voiced optimism that his promised tax cuts, stimulus…
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Wall St. opens higher ahead of Trump inauguration
EghtesadOnline: U.S. stocks advanced at the open on Friday ahead of Donald Trump's inauguration as the 45th president of the United States.
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Investment Focus: History suggests Trump month will be stocks down, dollar up
EghtesadOnline: For financial markets, the Trump era begins on Monday, and if history is any guide the following month should be a rocky one for Wall Street but positive for the dollar.
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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…
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Wall Street’s Most Outspoken Stock Bull Reverses, Now Top Bear
EghtesadOnline: Wall Street’s most vocal champion on U.S. stocks over the past two years is now its biggest bear.
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Asian stocks rise for eighth day on strong PMIs, Wall Street gains
EghtesadOnline: Asian stocks rose for an eighth consecutive day on Thursday, buoyed by further gains on Wall Street and an overnight bounce in oil prices that bolstered energy shares.
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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…
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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…
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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…
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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…
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A 10% Rally in S&P 500 Makes Geniuses of Wall Street Strategists
EghtesadOnline: They didn’t exactly nail every detail. But U.S. equity strategists got one thing right about 2016: where the S&P 500 Index would end up.
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Tech, bank stocks set Wall St. for second day of losses
EghtesadOnline: U.S. stocks slipped on Thursday and were headed for a second day of losses as bank and technology stocks came under pressure.
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Asia follows Wall Street higher, upbeat U.S. data lifts dollar vs yen
EghtesadOnline: Asia stocks followed Wall Street higher on Wednesday, while the dollar firmed against the yen following the release of upbeat U.S. economic data overnight.
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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…
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Asian shares slip in holiday-thinned trade, focus turns to U.S. data
EghtesadOnline: Asian shares struggled on Thursday after a lacklustre performance on Wall Street as investors looked to U.S. economic data later in the day for potential catalysts, as markets…