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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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dollar | Mexico | S&P 500 Index | share | Stocks | the Dow Jones
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S&P index is forecasted to trade between 1,050 and 1,100 by the year end

August 7, 2009 - 7:07am | Analytics | News
S&P index is forecasted to trade between 1,050 and 1,100 by the year end

Speaking on TV, Goldman Sachs' celebrity market strategist, Abby Joseph Cohen said that the S&P 500 Index may trade in a range of 1,050 to 1,100 toward the end of his year, although she warned the recovery could be choppy. The S&P 500 was trading around 1,000 late Thursday. The index has bounced back strongly since the March lows and is now up more than 10% since the start of the year.
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business inventories | CNBC | forecaster | Goldman Sachs | job market | S&P 500 Index | Stocks
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