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Wall St set to dip at open after weak Japanese data
Aug 13th, 2012
NEW YORK (Reuters) - U.S. stock index futures pointed to a slightly lower open on Monday after six straight sessions of gains by the S&P 500 as Japan showed signs of economic weakness. Japan's economy expanded just 0.3 percent in April-June, half the pace expected, data showed, raising doubts about the strength of the recovery. Meanwhile, Europe's debt crisis weighed on worldwide demand. Investors' hopes for central bank easing amid signs of global weakness have contributed to stock market gains. "Japan was a little weaker than expected. ... (Source: Reuters) -
By Caroline Valetkevitch NEW YORK (Reuters) - The U.S. stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path. Next week could make it harder to figure out, considering that the long Memorial Day weekend typically signals the start of the summer. The ... [Full Article]
CANNES, France (AP) - After two weeks, 20 films and parade after parade down the red carpet, the Cannes Film Festival has not produced a clear-cut frontrunner for the Palme d'Or. (Source: Associated Press)... [Full Article]
TOKYO (AP) - A steady fall in the value of the yen is proving a godsend for exporters such as Toyota. The cheaper yen is making their products more affordable overseas. (Source: Associated Press)... [Full Article]
KATMANDU, Nepal (AP) - An 80-year-old Japanese man who began the year with his fourth heart operation became the oldest conqueror of Mount Everest on Thursday, a feat he called "the world's best feeling" even with an 81-year-old Nepalese climber not far behind him. (Source: Associated Press)... [Full Article]
NEW YORK (Reuters) - U.S. stocks hit session highs in morning trading on Friday after a gauge of future U.S. economic activity rose to its highest level in nearly five years. The Dow Jones industrial average rose 64.81 points or 0.43 percent, to 15,298.03, the S&P 500 gained 9.33 points or 0.57 percent, to 1,659.8 and the Nasdaq Composite added... [Full Article]
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