The net worth of U.S. households climbed to a record high in the final quarter of last year, boosted mostly by gains on stocks, the Federal Reserve reported Thursday.
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As the markets dropped sharply last week, sending volume soaring and backing up trades handled by the New York Stock Exchange, at least one stock market player was resting easy.
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Japanese stocks rebounded sharply Thursday, led by blue-chip exporters such as Toyota Motor and Canon amid the yen’s weakness against the dollar.
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The net worth of U.S. households climbed to a record high in the final quarter of last year, boosted mostly by gains on stocks, the Federal Reserve reported Thursday.
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Wall Street extended its recovery from last week’s big plunge, rising Thursday after several stable sessions helped buttress investor sentiment and allay some concerns about the economy.
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US stocks ended higher today after strong gains in European and Asian markets, but Wall Street’s rise was tempered by sluggish retail sales news, traders said.
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EUROPEAN stock exchanges posted solid gains overnight, powered by strong corporate results and a rebound in investor optimism after a bout of recent turmoil.
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Stocks that were moving substantially or trading heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Wal-Mart Stores Inc., up 1 cent at $47.94. February same-store …
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WASHINGTON Rates on 30-year mortgages fell to the lowest level since mid-December as investors scrambled to the safety of bonds following last week’s stock market turmoil.
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Rates on 30-year mortgages fell to the lowest level since mid-December as investors scrambled to the safety of bonds following last week’s stock market turmoil.
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