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NEW YORK: US stocks reversed course late Thursday morning as weak results from several industrial and consumer discretionary companies eclipsed gains from healthcare stocks.
NEW YORK: US stocks rebounded from early losses in afternoon trading on Friday, though the S&P 500 was still on track for losses this week after monthly jobs data showed employment gains hit a seven-month low.
PETALING JAYA: Although inherent challenges in the banking sector continue to exist post-general election (GE), industry observers and analysts on the whole are confident of encouraging loan growth and more merger and acquisition (M&A) activities this year.
NEW YORK: U.S. stocks edged up on Thursday, rising for a third day after strong data indicated improving economic conditions, with caution capping gains ahead of Friday's payrolls report and its implication on the Federal Reserve's stimulus programme.
WASHINGTON (Reuters) - Just days before it declared bankruptcy on October 31, MF Global concluded it could remain solvent even if a major ratings downgrade limited its access to funding, according to an internal break-the-glass plan obtained by Reuters on Tuesday.