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By Michelle Jamrisko, Bloomberg |
January 11, 2013
The trade deficit unexpectedly widened in November as American retailers stocked up on imported goods for the holidays and demand for foreign automobiles rebounded following superstorm Sandy.
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By Stephen Kirkland and Michael P. Regan, Bloomberg |
January 9, 2013
Stocks rose, snapping a two-day slide, amid optimism that U.S. corporate earnings will extend a third straight year of growth. The yen weakened on speculation the Bank of Japan will expand stimulus.
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By Sonja Elmquist, Bloomberg |
January 9, 2013
Alcoa Inc., the largest U.S. aluminum producer, sees global demand growth for the commodity recovering to 7% in 2013 as China’s economic rebound drives demand for cans, transport and office buildings.
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By Nikolaj Gammeltoft and Alexis Xydias, Bloomberg |
January 7, 2013
Speculators are abandoning money-losing positions that stocks with the closest links to the U.S. economy will fall as America’s most-hated shares stage the best rally in a year relative to the broader market.
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By Stephen Kirkland and Inyoung Hwang, Bloomberg |
January 4, 2013
U.S. stocks rose, sending the Standard & Poor’s 500 Index above its best closing level in five years, as employers added more workers while the jobless rate held at a level that’s unlikely to hasten the end of Federal Reserve stimulus.
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By Agnieszka Troszkiewicz and Maria Kolesnikova, Bloomberg |
December 26, 2012
The record glut in aluminum will be no bar to rising prices because of delays in getting metal from warehouses, even as Barclays Plc advises investors to sell and Morgan Stanley says it has the worst outlook of any commodity.
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By Michael Shanahan and Nikolaj Gammeltoft, Bloomberg |
December 19, 2012
U.S. stocks fell, pulling the Standard & Poor’s 500 Index down from a two-month high, as federal budget negotiations deteriorated. Global equities reached a 17-month high and the euro rose as German business confidence grew.
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By Rita Nazareth, Bloomberg |
December 14, 2012
U.S. stocks fell, extending yesterday’s drop, as a slump in Apple Inc. and the federal budget stalemate offset an increase in industrial production and data showing China’s manufacturing may expand at a faster pace.
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By Nikolaj Gammeltoft, Bloomberg |
October 15, 2012
U.S. stocks rose, as the Standard & Poor’s 500 Index rebounded from its biggest weekly drop in four months, after American retail sales and Citigroup Inc.’s earnings topped estimates.
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By Inyoung Hwang, Bloomberg |
October 10, 2012
U.S. stocks fell, extending losses in the Standard & Poor’s 500 Index to a fourth day, as Alcoa Inc.’s forecast fueled concern over corporate earnings and global economic growth.