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NEW YORK: US stocks accelerated their selloff in volatile trading on Wednesday after the Federal Reserve decided to further reduce its monthly bond purchases despite recent emerging market turmoil.
TORONTO: A trickle of new investment into global miners has created a tidal wave of interest among hundreds of small mineral explorers desperate for cash, a Reuters survey shows, setting the stage for a competition to raise funds that some are sure to lose
NEW YORK: U.S. stocks posted their best day of the year on Thursday after a drop in applications for unemployment insurance boosted confidence in the economy and Disney's results overshot expectations.
NEW YORK: The Dow ended at a record high on Friday, boosted by IBM, while a rebound in high-growth momentum names helped the broader market.
NEW YORK: The success of General Electric Co's impending initial public offering for its private-label credit card unit could ride on investors' willingness to bet that a lukewarm consumer-led U.S. economic recovery heats up.
New York: Gold slipped as the dollar pared losses and yields on US Treasuries surged, damping the appeal of the metal because it doesn’t pay interest.