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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Benzinga Market Primer: Tuesday, July 16: Futures Flat Ahead of Earnings
Tuesday, July 16, 2013 - 6:35am | 1226Futures Flat Ahead of Earnings U.S. equity futures were relatively unchanged ahead of a busy day for earnings. Markets are now entering the heart of earnings season, a busy but exciting time. Top News In other news around the markets: Marathon Petroleum (NYSE: MPC) announced after the lose...
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Chinese GDP Slows In Second Quarter, But Matches Estimates As Lower Inflation Boosts Figures
Monday, July 15, 2013 - 9:03am | 682In a sign that the world economy has yet to find its footing, China, the world's second largest economy, reported that output slowed in the second quarter. However, other key economic indicators including industrial production and fixed asset investment dropped faster than expected and inflation...
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Benzinga Market Primer: Monday, July 15: China Reports Weak GDP
Monday, July 15, 2013 - 6:37am | 1060Futures Rise Despite Weak China GDP U.S. equity futures gained in early pre-market trade despite weak GDP data from China. China reported second quarter GDP grew 1.7 percent in the quarter, worse than the expected 1.8 percent growth rate. However, the annualized figure posted at 7.5 percent growth...
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Benzinga Market Primer: Monday, April 15: Tax Day Edition
Monday, April 15, 2013 - 6:35am | 1074Futures Lower on Weak Chinese Economic Data U.S. equity futures traded sharply lower in the pre-market following Friday's sell off on weaker than expected economic data from China. China reported that first quarter GDP grew at a 7.7 percent annualized rate vs. 8.0 percent expected, while...