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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 Phil Flynn |
December 19, 2012
Oil prices started to round off at the lower end of the trading range and started to make a decisive move higher just as Crude option volatility hits a low for the year.
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By Claudia Carpenter and Lu Wang |
December 18, 2012
Stocks rallied, sending the S&P 500 to a two-month high, and commodities gained on signs of progress in U.S. budget talks.
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By Allison Bennett and David Goodman, Bloomberg |
December 18, 2012
The euro rose to the strongest in more than seven months against the dollar on speculation U.S. lawmakers will reach a budget pact to avert pushing the economy over the so-called fiscal cliff and into recession.
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By Joe Richter, Bloomberg |
December 18, 2012
Gold dropped to the lowest in more than three months as signs that U.S. lawmakers may be closer to a budget deal boosted equities and reduced demand for the metal as an alternative asset.
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By Roxana Tiron and Hans Nichols, Bloomberg |
December 18, 2012
House Speaker John Boehner said he will push a budget “plan B” measure that would include tax increases on income of more than $1 million, while continuing to negotiate with President Barack Obama.
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By John Detrixhe, Bloomberg |
December 18, 2012
The Canadian dollar declined against its U.S. counterpart amid signs lawmakers may find a compromise to avert the so-called fiscal cliff, bolstering prospects for the American economy.
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By Susanne Walker and Lucy Meakin, Bloomberg |
December 18, 2012
Treasury 10-year yields touched the highest level in seven weeks amid speculation talks are progressing in Washington to resolve a budget showdown that threatens to send the economy into recession.
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By Phil Flynn |
December 18, 2012
Oil prices are back on the rise as it appears that both sides of the fiscal cliff negotiations are willing to give a little bit.
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By Grant Smith and Lu Wang, Bloomberg |
December 17, 2012
U.S. stocks rose, sending the Standard & Poor’s 500 Index to an almost two-month high, as investors weighed prospects for a budget deal in Washington.
