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Latest Articles in wall street

Wall Street Weekahead: Stocks Face Test As Reopenings Could Fuel Demand - Or More Coronavirus

The S&P 500 has rallied about 30% off its March lows, fueled by monetary and fiscal policy designed to stimulate the economy after the United States

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Asian Shares Poised To Climb After Wall Street Rallies

Emerging market stocks rose 2.66% at the start of the week. MSCI's broadest index of Asia-Pacific shares outside Japan closed 2.77% higher.

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Global Stocks Jump On Virus Hopes, Oil Hit By OPEC+ Delay

Wall Street S&P 500 emini futures were up almost 4%, close to their upper limit too, bouyed by comments from U.S. President Donald Trump that his country was also seeing a "levelling off" of the crisis.

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Market Starts On A Volatile Note Amid Foreign Fund Outflow, Weak Global Cues

After swinging over 200 points in the first 15 minutes of the session, the 30-share index was trading 11.13 points, lower at 36,551.78.

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Global Markets: Stocks Nudge Down As Investors Crave Clarity On Fed Stance

The MSCI world equity index, which tracks shares in 47 countries, was down 0.1 per cent. In Europe, the Euro STOXX 600 fell 0.1 per cent in choppy trade, following a 0.5 per cent drop in MSCI's broadest index of Asia-Pacific shares outside Japan.

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Fed Chair’s Job Is Not In Jeopardy, White House Economic Adviser Says

Asked yesterday if Fed Chairman Jerome Powell's job was safe, White House economic adviser Kevin Hassett told reporters: "Yes, of course, 100 per cent."

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Gold Climbs To Six-Month Peak On Waning Risk Appetite

Spot gold climbed 0.4 per cent to $1,273.71 per ounce as at 0639 GMT. The metal hit $1,274.68 in early trade, its highest since June 20. U.S. gold futures were up 0.5 per cent at $1,277.6 per ounce

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Global Stocks Struggle Higher, Dollar Sapped By Rate Hike Uncertainty

Asia had taken a while to warm up but finished strongly and Europe was heading for its first rise in four sessions as mining, tech and bank share gains helped offset a nasty prang to the car sector

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Constellation Brews Higher Profit, Lifts Forecast On Margin Growth

Constellation Brands Inc posted a quarterly profit that beat Wall Street estimates for a ninth straight time and raised its profit outlook, as margins rose on the sale of more premium beers and breweries ran at peak levels in the summer.

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Global Markets: Asian Shares Slip As Investors Await Fed Meeting For Rate Clues

Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy, though sentiment was supported by record highs on Wall Street.

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Sensex Adds To Gains In Cautious Trade, Infosys Rallies

The 30-share Sensex gained 28.05 points, or 0.09 per cent to close at 31,596.06 after shuttling between 31,678.19 and 31,546.05

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Markets Scale Record Highs Despite Trade Disruption On NSE

The BSE Sensex surged by over 355 points, its biggest single day gain in six weeks to record a new closing high of 31,715.64 and Nifty settled above the 9,700-mark for the first time despite technical glitches on NSE disrupting trade on its platform for over three hours

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Sensex Up 80 Points, Eyes Fed Policy Outcome

Investors kept track of the two-day monetary policy meeting of the US Federal Reserve, which is due to announce its decision on Wednesday (14 June).

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Morgan Stanley Cuts Bankers, Bonuses As deals, IPOs Stall

Morgan Stanley laid off a number of senior investment bankers last week and cut bonuses by roughly 15 per cent because of a decline in revenue from dealmaking and capital raising across Wall Street

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Trump Puts Goldman Sachs In Spotlight, For Better Or Worse

US governments have a tradition of choosing former Goldman bankers for key positions, stretching back to President Franklin D. Roosevelt

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