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→  March 27, 2012

By Angela Moon NEW YORK | Tue Mar 27, 2012 1:29pm EDT NEW YORK (Reuters) – Wall Street paused near four-year highs on Tuesday, while a number of large-cap stocks hit new highs as portfolio managers grabbed top performers as the end of the quarter approached. With the quarter ending Friday, portfolio managers adjusted holdings […]

→  March 22, 2012

By Angela Moon NEW YORK | Thu Mar 22, 2012 1:21pm EDT NEW YORK (Reuters) – The Dow and the SP 500 fell for a third straight day on Thursday on concerns about the global economy’s growth outlook after manufacturing data showed a drop in new orders in both the euro zone and China. The […]

→  March 20, 2012

By Chuck Mikolajczak NEW YORK | Tue Mar 20, 2012 10:14am EDT NEW YORK (Reuters) – Stocks fell at the open on Tuesday as equities paused after a 3-day winning streak for the SP 500, which came within 10 percent of a historic closing high. The benchmark SP had risen in eight of the past […]

→  March 10, 2012

By Caroline Valetkevitch and Ryan Vlastelica NEW YORK | Fri Mar 9, 2012 8:28pm EST NEW YORK (Reuters) – For a moment, stocks looked like they were headed for a long-awaited pullback this week. But that didn’t happen. After more signs of a healthier economy, stocks may have room to run higher in the week […]

→  March 7, 2012

By Angela Moon NEW YORK | Tue Mar 6, 2012 7:14pm EST NEW YORK (Reuters) – The Dow dropped more than 200 points on Tuesday, handing Wall Street its worst day in three months on renewed fears of a disorderly default in Greece and concerns that China’s slowdown would hit global growth. Analysts have expected […]

Falling oil lifts Wall St to highest since 2008 →  February 28, 2012

NEW YORK (Reuters) – The benchmark SP 500 closed at its highest level since mid-2008 on Monday, extending gains for a third session as oil prices retreated after a recent rally and data showed further improvement in the U.S. housing market. The SP and the Nasdaq both eked out gains, while the Dow closed barely […]

→  February 16, 2012

By Rodrigo Campos NEW YORK | Thu Feb 16, 2012 3:19pm EST NEW YORK (Reuters) – The SP 500 hit its highest level in nine months on Thursday as the U.S. economy showed further signs of recovery and optimism grew that a Greek bailout deal would be agreed next week. Equity indexes continued to trade […]

→  January 25, 2012

By Edward Krudy NEW YORK | Wed Jan 25, 2012 11:41am EST NEW YORK (Reuters) – The Dow and SP 500 fell on Wednesday on concerns over Greek debt talks, stalling a strong rally from last year, but the Nasdaq rose on Apple’s forecast-beating results. Apple Inc (AAPL.O) was a standout in what has otherwise […]

Wall Street rises on bank results, but Google sinks late →  January 20, 2012

Stocks rose for the third straight day on Thursday, sparked by results from Bank of America and Morgan Stanley and as the latest jobless claims dropped to a near four-year low. The SP 500 hit a fresh five-month high, with the industrials, consumer discretionary stocks and financials leading gains. Tech shares advanced ahead of earnings […]

Yahoo co-founder Yang resigns →  January 18, 2012

SAN FRANCISCO (Reuters) – Yahoo Inc co-founder Jerry Yang has quit the company he started in 1995, appeasing shareholders who had blasted the Internet pioneer for pursuing an ineffective personal vision and impeding investment deals that could have transformed the struggling company. Yang’s abrupt departure comes two weeks after Yahoo appointed Scott Thompson its new […]