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While you were sleeping: US economy gathers pace

While you were sleeping: US economy gathers pace

By Margreet Dietz May 6 (BusinessDesk) - Wall Street advanced in late afternoon trading as better-than-expected services sector data outweighed concern about the escalating crisis in Ukraine. With about an hour of trading left in the day in New York, the Dow Jones Industria...

05 May 2014
While you were sleeping: Solid US eco data

While you were sleeping: Solid US eco data

By Margreet Dietz May 2 (BusinessDesk) - Wall Street was mixed, with the Dow Jones slipping from the previous day’s record-high close, as investors awaited the government’s monthly employment data due Friday. In afternoon trading in New York, the Dow Jones Industrial Averag...

01 May 2014
While you were sleeping: Fed lifts stocks, bonds

While you were sleeping: Fed lifts stocks, bonds

By Margreet Dietz May 1 (BusinessDesk) - US equities and bonds gained after the Federal Reserve indicated it will keep interest rates low for “a considerable time,” while also pointing to a pick-up in the economy. “Growth in economic activity has picked up recently, after h...

30 Apr 2014