the Dow Jones

Mexican stocks up as U.S. economy shows improvement

December 24, 2009 - 2:48pm | Markets | News
Mexican stocks up as U.S. economy shows improvement

Mexican stocks edged higher Thursday, poised to finish at a fresh high for the year, after U.S. data showing that the world's largest economy and Mexico's largest trading partner remains on track toward economic recovery.
Mexico's IPC rose 0.1% to 32,492 in Christmas Eve's abbreviated trading session. A finish higher would mark the third straight session of advances.
Home builders, industrial services providers and consumer discretionary stocks were among the best price performers.


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Tech stocks fall sharply in the red in early Friday trading

November 27, 2009 - 3:06pm | Markets | News
Tech stocks fall sharply in the red in early Friday trading

Technology stocks fell deep Friday morning as new global credit fears caused a broad wave of selling across the market in the shortened trade session following Thanksgiving.
The sell-off appeared to be triggered by worries that Dubai World, the city-state's largest corporate entity, has asked creditors for a six-month "standstill" on repayment of some $60 billion in debt.
The Dow Jones Industrial Average was off nearly 200 points in early trading before stabilizing, while the S&P 500 fell nearly 2%.


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Oil stocks retreat as crude drops below $73 a barrel

November 27, 2009 - 2:14pm | Markets | News
Oil stocks retreat as crude drops below $73 a barrel

Oil and natural-gas stocks escaped in Friday's shortened trading session, following the broader market lower as crude prices slid to their lowest level in seven weeks.
Crude oil for January delivery fell as much as 7.1% to an intraday low of $72.39 a barrel in overnight electronic trading, the weakest price seen since Oct. 9.


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Economists predict slow economic rebound

November 2, 2009 - 4:15am | Figures | News
Economists predict slow economic rebound

 According to survey of USA TODAY the major of the economists affirms the stock market rally is in a sustainable recovery. If the estimates are correct, we should not be afraid of the repeated recession and fall of the Dow Jones industrial to its March low of 6547.05. The Dow sank nearly 3% Friday to close at 9713 after the government reported consumer spending fell 0.5% in September. Still, the market is expected to rise or fall 10% in the months ahead because of uncertainty about the recovery's strength. In the third quarter the economy showed a healthy 3.5% annual rate growth.


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