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Markets / Top Articles
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NEW YORK (CNNMoney.com) -- Stocks were set to bounce up at Tuesday's open, boosted by comments from Citigroup's CEO about the company's profitability, as investors await remarks from Fed chairman Ben Bernanke and look for a break in the global economic ma..
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NEW YORK (CNNMoney.com) -- What's the best way to fix the nation's banking system? Well, at least two senators making the rounds on the Sunday morning political TV gabfests think it's to let the megabanks fail.
Sen. Richard Shelby, R.-Ala., said on ABC's..
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NEW YORK (CNNMoney.com) -- Oil prices rose Monday on talk of an OPEC production cut, but they were off the day's highs after comments from Saudi Arabia put a damper on that speculation.
U.S. crude for April delivery was up $1.54 to $47.06 a barrel at 1:3..
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NEW YORK (CNNMoney.com) -- Stocks slumped Monday afternoon, abandoning a rally attempt, as any enthusiasm about Merck's $41 billion purchase of Schering-Plough was overshadowed by ongoing worries about the economy.
The Dow Jones industrial average (INDU)..
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LONDON (Reuters) -- Oil hovered around the break-even mark on Monday as investors weighed the weak economy with speculation that OPEC may agree to cut production further at a meeting this weekend.
OPEC Secretary General Abdullah al-Badri said on Monday t..
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NEW YORK (CNNMoney.com) -- U.S. stocks were set to open lower Monday as the global economic crisis continued to cast a pall on world markets.
At 7:50 a.m. ET, Nasdaq-100, Standard & Poor's 500 and Dow Jones industrial average futures were all lower. Futu..
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NEW YORK (CNNMoney.com) -- With little in the way of earnings or market-moving economic news on tap this week, stocks will continue to take a cue from the financial sector as investors try to see if the latest levels can hold.
There's been such a tremend..
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NEW YORK (CNNMoney.com) -- Just a day after Citigroup stock dipped below $1, bank stocks endured another selloff Friday, even as investors were encouraged about the strength of West Coast banking leader Wells Fargo.
Shares of US Bancorp (USB, Fortune 500..
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NEW YORK (CNNMoney.com) -- All you need is a dollar and a dream. That used to be one of the slogans for the New York State lottery.
Today, you could say the same thing about buying Citigroup stock. Shares of the quasi-nationalized bank closed at just $1...
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NEW YORK (CNNMoney.com) -- Treasurys turned mixed Friday as investors responded to a grim February jobs report and stocks abandoned an early rally.
A total of 651,000 jobs were lost in February, bringing the tally for the past six months to more than 3.3..
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LONDON (Reuters) -- Oil rose above $44 a barrel Friday, after sinking 4% in the previous session, gaining support from a weaker dollar and expectations that a meeting of OPEC later this month might cut output further.
The release of U.S. data showing une..
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NEW YORK (Reuters) -- The dollar fell broadly Friday after data showing the U.S. economy cut more than half a million jobs again last month and the jobless rate soared, which reinforced worries of a deepening U.S. recession.
The dollar was down even befo..
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NEW YORK (CNNMoney.com) -- Stocks erased early gains Friday and turned lower, as a bleak February jobs report exacerbated worries about the economy, sending Wall Street to fresh 12-year lows.
The Dow Jones industrial average (INDU) lost 35 points, or 0.5..
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NEW YORK (CNNMoney.com) -- Stocks look set for flat open Friday after the monthly employment report, while showing a huge loss in jobs, came in close to estimates.
At 8:52 a.m. ET, Nasdaq-100, Standard & Poor's 500 and Dow Jones industrial average future..
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NEW YORK (Reuters) -- The dollar firmed against most currencies Thursday, as fear gripped the market after stocks dropped amid worries about General Motors and the fate of U.S. banks, attracting bids for the greenback as a safe haven.
The U.S. currency,..
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NEW YORK (Reuters) -- Oil fell more than a dollar to below $44 a barrel Thursday as the deteriorating economic outlook heightened expectations that fuel consumption would shrink further.
The losses tracked a slide in global equities markets, with major U..
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NEW YORK (CNNMoney.com) -- If you're an insurance company hoping for a government handout, unless your name is AIG, you've been out of luck so far.
Could that soon change? Investors are growing increasingly worried about the health of the industry, parti..
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NEW YORK (CNNMoney.com) -- Treasurys rose Thursday as grim economic and corporate news sent stock prices lower.
"Support is coming from the headlines," said Steve Van Order, chief fixed income strategist at Calvert Funds.
General Motors said its auditor..
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NEW YORK (CNNMoney.com) -- Stocks fell hard Thursday after a litany of grim developments: GM said its survival is in doubt, bank shares took a beating and Citigroup broke the buck.
Adding to the global woes: China defied expectations by failing to boost..
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NEW YORK (CNNMoney.com) -- U.S. stocks may find it tough to follow through at Thursday's open on a big rally that took the Dow and S&P off 12-year lows.
At 6:33 a.m. ET, Nasdaq-100, Standard & Poor's 500 and Dow Jones industrial average futures were all..
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