Tag Archives: Standard & Poor

Industrial Production in U.S. Climbs More Than Forecast

May 16, 2012

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Industrial production in the U.S. climbed more than forecast in April, propelled by gains in auto manufacturing and utility use. Motor vehicles sales in the first quarter that were the strongest in four years have buoyed manufacturing, helping make up for a slowdown in corporate equipment purchases. While U.S. exports accelerated during the first three [...]

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S&P 500 Rebounds on Employment Data

March 7, 2012

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U.S. stocks advanced, following the biggest decline in 2012 for the Standard & Poor’s 500 Index, after a private report showed American companies increased hiring and more investors signed on to a Greek debt swap. Equities extended gains on a report that the Federal Reserve is discussing a new type of bond-buying program. Financial and [...]

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U.S. Durable Goods Orders Slump Most in 3 Years

February 28, 2012

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Orders for U.S. durable goods fell in January by the most in three years, led by a slowdown in demand for commercial aircraft and business equipment. Bookings (DGNOCHNG) for goods meant to last at least three years slumped 4 percent, more than forecast, after a revised 3.2 percent gain the prior month, data from the [...]

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European Stocks Rise, Snapping Three-Day Drop

February 24, 2012

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European stocks climbed, snapping a three-day decline, as companies from Telecom Italia SpA (TIT) to BASF SE (BAS) reported earnings. U.S. index futures and Asian shares advanced. Telecom Italia, the country’s biggest phone company and BASF, the world’s largest chemicals maker, rallied 6.1 percent and 1.9 percent, respectively. Eiffage SA jumped 11 percent after the [...]

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European Stocks Drop After Greece as Euro Weakens, U.S. Futures Pare Gains

February 21, 2012

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European stocks declined from a six- month high and the euro weakened against the dollar on concern that Greece’s debt crisis will persist even after a second bailout. U.S. equity futures pared gains while Treasuries fell. The Stoxx Europe 600 Index lost 0.7 percent at 6:50 a.m. in New York. Standard & Poor’s 500 Index [...]

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U.S. Stock Futures Little Changed on Greece

February 7, 2012

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U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will decline for a second straight day, as Greece held talks to secure rescue funds. Financial shares dropped as European banks slumped amid a 76 percent plunge in UBS AG’s quarterly profit. Morgan Stanley slid 1 percent. Freeport-McMoRan Copper & Gold Inc. (FCX) and [...]

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European Stocks Climb as China Manufacturing Offsets Delay in Greek Talks

February 1, 2012

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European (SXXP) stocks advanced, with the Stoxx Europe 600 Index extending its best start to a year since 1998, as an increase in Chinese manufacturing offset Greece’s struggle to reach an agreement with creditors. U.S. index futures were little changed, while Asian stocks retreated. Oil producers and banks led gains. RWE AG (RWE) climbed after [...]

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U.S. Stock Futures Decline Amid Greece Concern

January 30, 2012

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U.S. stock futures fell, indicating the Standard & Poor’s 500 Index will decline for a third day, amid concern about Europe’s debt crisis as Greece signaled opposition to economic oversight in exchange for aid. Bank of America Corp. decreased 2.2 percent after Goldman Sachs Group Inc. reduced its recommendation for the Charlotte, North, Carolina-based lender. [...]

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European Stocks Climb on Fed’s Rate Outlook

January 26, 2012

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Most European stocks advanced after the U.S. Federal Reserve signaled keeping interest rates low through 2014 and laid the groundwork for a possible third round of asset purchases. U.S. index futures dropped, while Asian shares climbed.

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