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1/2/13

Relief Rally: Dow Zooms 300 Points Higher on Fiscal Cliff Fix | Fox Business
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Relief Rally: Dow Zooms 300 Points Higher


on Fiscal Cliff Fix
By Adam Samson

Pub lished January 02, 2013

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Wall Street stormed into 2013 with a euphoric rally on Wednesday as


traders enthusiastically cheered a short-term compromise in Washington
that clawed the U.S. back from the recession-inducing fiscal cliff.

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Today's Markets

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The Dow Jones Industrial Average surged 308.41 points, or 2.35%, to


13412.55, the S&P 500 soared 36.23 points, or 2.54%, to 1462.42 and the
Nasdaq Composite rallied 92.75 points, or 3.07%, to 3112.26.

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Moody's: Cliff Bill Won't Protect U.S. Rating

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The triple-digit burst of buying marked the Dow's strongest one-day


percentage rally since June 2012 and the index's largest point gain to start
a new year on record. The broader S&P 500 landed at its highest close
since September 14.
After months of political sparring on Capitol Hill, lawmakers finally passed
a budget bill Tuesday. The move came after essentially 24-straight hours
of wrangling in both chambers of Congress as the U.S. technically, if not
briefly, slipped over the fiscal cliff.
In a sign of the bullish sentiment in the wake of the deal, buying on Wall
Street picked up steam, with the major indexes ending at session highs.
The blue chips are now just 5.3% away from their all-time record close of
14164.53 set in October 2007.

www.foxbusiness.com/investing/2013/01/02/relief-rally-dow-zooms-250-points-on-fiscal-cliff-fix/

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Relief Rally: Dow Zooms 300 Points Higher on Fiscal Cliff Fix | Fox Business

Its clearly therapeutic for a market that looked to be losing its


confidence, said Peter Kenny, managing director at Knight Capital Group
(KCG), who called the rally a very, very aggressive move to the upside.
Coupled with a strong rally on Monday that was fueled by signs of
progress, the S&P 500 has surged 4.28% in just two sessions -- its
strongest two-day performance since November 2011.
All 30 blue-chip stocks landed in the green, led by Hewlett-Packard
(HPQ) and Caterpillar (CAT ).

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Small-cap stocks also enjoyed a burst of buying, with the Russell 2000
surging 2.8% to close at a new all-time record high, surpassing its
previous high set in May 2011.
At the same time, at least 90% of Wednesday's New York Stock
Exchange volume was in advancing stocks, making it the second straight
90% up volume session. That marks the first back-to-back 90% up
volume days in at least five years and could indicate an overbought
market.
The deal that is expected to be signed into law by President Barack
Obama extends tax cuts on single filers earning less than $400,00 a year
and joint filers making less than $450,000. It also delays sequestration -the painful automatic spending cuts associated with the fiscal cliff -- for
two months.
Global markets cheered the news, with markets in Asia, Australia and
Europe tacking on big gains in their first day of trading for the new year.
Many economically-sensitive commodities roared higher as well.
Market participants were broadly relieved that the deal was passed,
averting measures that could have dealt a painful blow to the world's
biggest economy. Still, they struck a very cautious tone. Among the
reasons for concern were the fact that the bill simply delayed the
sequestration and failed to address the debt ceiling.
Wall Street will likely savor the resolution for the time being, but
experience renewed investment agita before the quarter is out, offering
better entry levels as the year progresses, Sam Stovall, chief investment
strategist at McGraw-Hills (MHP) S&P Capital IQ, wrote in a note to
clients.
The U.S. has technically already hit the debt limit, forcing the Treasury
Department to take "extraordinary measures" to give Congress headroom
until about February. Last time the country pushed the upper bounds of
the debt limit, it roiled the markets and cost the U.S. its pristine credit
rating with Standard & Poor's.
"Considering there are so many headwinds facing the economy, including
the debt ceiling negotiation in 60 days, the smart money knows the bullish
sentiment will be short-lived. The lesson for investors here is 'buyer
beware,'" Todd Schoenberger, managing partner at LandColt Capital
wrote in an email.
Indeed, according to an analysis by Barclays, fiscal consolidation is likely
to hit U.S. gross domestic product by 1.5% this year.
On the economic front, the latest Institute for Supply Management data
www.foxbusiness.com/investing/2013/01/02/relief-rally-dow-zooms-250-points-on-fiscal-cliff-fix/

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1/2/13

Relief Rally: Dow Zooms 300 Points Higher on Fiscal Cliff Fix | Fox Business

show U.S. manufacturing activity increased to 50.7 last month from 49.5
in November. The index was expected to rise to 50.3. Readings above 50
indicate expansion while those below 50 indicate contraction
Commodities rallied. The benchmark crude oil contract jumped $1.30, or
1.4%, to $93.12 a barrel. Wholesale New York Harbor gasoline gained
1.2% to $2.795 a gallon. In metals, gold advanced $13.00 or 0.78%, to
$1,689 a troy ounce.
Foreign Markets
The Euro Stoxx 50 soared 2.9% to 2711, the English FTSE 100 rallied
2.2% to 6027 and the German DAX jumped 2.2% to 7779.
In Asia, the Chinese Hang Seng surged 2.9% to 23312. The Tokyo Stock
Exchange was closed for a holiday.
FOX Business reporter Matt Egan contributed to this article.
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Relief Rally: Dow Zooms 300 Points Higher on Fiscal Cliff Fix | Fox Business

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1/2/13

Stocks start 2013 with broad gains - Jan. 2, 2013

Stocks start 2013 with broad gains


By Maureen Farrell @CNNMoneyInvest January 2, 2013: 4:35 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

For at least the first day of trading, 2013 is proving to be a very good year.
Investors ushered in the New Year by piling into stocks Wednesday, cheering U.S. lawmakers' ability to reach a last minute deal
to avert the fiscal cliff.
"What's been hanging over the markets for the last couple of months has finally been released," said Sean Kelly, a managing
director at Knight Capital Group. "The rally today is 100% about the end of the fiscal cliff, and people are buying with both
hands."
The Dow Jones Industrial Average gained roughly 308 points, or 2.4%. All 30 Dow stocks showed solid gains.
The S&P 500 rose 2.5%, while the Nasdaq spiked 3.1%. The market finished the day near its highs. Both the S&P 500 and Nasdaq
posted their largest percentage increases since late 2011.
Financial shares posted broad gains, with Bank of America ( BAC, Fortune 500), Citigroup ( C, Fortune 500) and Wells Fargo
( BWF) rising between 2.5% and 4.5%. Credit card companies Visa ( V, Fortune 500) and MasterCard ( MA, Fortune 500)
both hit all-time highs.
Tech stocks also fared well, with Apple (
increases.

AAPL, Fortune 500) and Hewlett-Packard (

HPQ, Fortune 500) logging big

Related: 3 more fiscal cliffs loom

Oil and gold prices rallied too. The dollar, however, was mixed, gaining against the yen but weakening against the euro and
British pound.
As investors shifted into riskier assets, safe havens, such as U.S. Treasuries, sold off, with the yield on the 10-year note rising to
1.84% -- a level not seen since mid-October.
Investors cheered the late-night deal reached by the House that keeps the Bush tax cuts in place for most Americans, but raises
the tax rate on individuals earning more than $400,000 and married couples earning over $450,000.
Lawmakers allowed the payroll tax cut to expire but extended federal emergency unemployment insurance benefits for another

money.cnn.com/2013/01/02/investing/stocks-markets/index.html?iid=HP_LN

1/2

1/2/13

Stocks start 2013 with broad gains - Jan. 2, 2013

year.
"This isn't the grand bargain that people were hoping for, but having the deal done gives investors some certainty," said Giri
Cherukuri, a portfolio manager with OakBrook Investments.
Fear & Greed Index

Investors ignored the downside to the deal, including Congress' failure to tackle automatic spending cuts, which are now set to
go into effect March 1. Additional -- and perhaps more intractable -- challenges remain. Congress must soon raise the debt
ceiling, and figure out plans for the postponed spending cuts and the federal budget.
The first day of 2013 rally followed a New Year's Eve rally that gave all three indexes yearly gains between 7% and 16%. Major
global markets were closed Tuesday for the New Year's holiday,
After news of the fiscal cliff deal broke in the early hours of the morning, stocks around the world soared.
European markets closed more than 2% higher. Australia's ASX All Ordinaries index added 1.3%. South Korea's KOSPI gained
1.7% and the Hang Seng in Hong Kong advanced 1.9%.
Japan's Nikkei and the Shanghai Composite remain closed in an extended New Year's holiday.
Related: Stocks in 2013: Get defensive

Investors also got some good economic news Wednesday. The Institute for Supply Management's monthly manufacturing
index showed activity rebounded in December. But investors shrugged off the Census Bureau's data on construction spending,
which showed a decrease of 0.3% in November. Analysts had predicted a 0.5% increase.
In company news, Avis Budget Group ( CAR, Fortune 500) announced it will acquire Zipcar for $12.25 a share -- a 49%
premium over its closing price on Monday. Zipcar ( ZIP) shares rose nearly 48%.
Shares of Dole Food ( DOLE, Fortune 500) tumbled 13%, after the company lowered its earnings and sales forecasts for the
year, blaming a difficult economic environment for its fresh fruit business.
Shares of LinkedIn (

LNKD) dropped nearly 2%, after it was downgraded by analysts at Barclays.

First Published: January 2, 2013: 9:47 AM ET

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1/2/13

The Hindu : Business / Markets : Sensex gains 144 points in early trade

Business Markets
Published: January 2, 2013 09:44 IST | Updated: January 2, 2013 09:44 IST

Sensex gains 144 points in early trade


PTI

A view of the BSE building in Mumbai. File photo

The Hindu

The BSE benchmark Sensex on Wednesday gained nearly 144 points in early trade on sustained buying by funds amid
firming Asian trend.
The 30-share barometer rose by 143.57 points, or 0.73 per cent to 19,724.38 with all the sectoral indices, led by realty
and metal, trading in positive zone with gains up to 1.25 per cent. The index had gained 154.10 in Tuesdays trade.
The wide-based National Stock Exchange index Nifty moved up by 41.25 points, or 0.69 per cent, to 5,992.10.
Brokers said the sentiment remained strong on sustained inflows from foreign funds into equity market amid a
firming trend in the Asian region as U.S. poised to avert fiscal cliff.
Banking sector stocks continued their upward march on expectations of a rate cut by the Reserve Bank of India.
Stocks of Bank of India gained 0.71 per cent, State Bank of India shot up by 1.20 per cent, while ICICI Bank up 0.91
per cent.
In the Asian region, Hong Kongs Hang Seng rose by 1.18 per cent. The stock market in Japan is closed on Wednesday.
Keywords: BSE, NSE, Sensex, Nifty, U.S. fiscal cliff
More In: Markets | Business
Comments Recommended Post a comment
Printable v ersion | Jan 3 , 2 01 3 5:3 8:2 4 AM | http://www.thehindu.com /business/m arkets/sensex-gains-1 4 4 -points-in-early -trade/article4 2 6 4 3 3 6 .ece
The Hindu

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1/2

1/8/13

The Hindu : Business / Markets : Sensex up 51 points on fag-end buying

Business Markets
Published: January 8, 2013 16:45 IST | Updated: January 8, 2013 17:50 IST

Sensex up 51 points on fag-end buying


PTI

Paring initial losses, the BSE benchmark Sensex today gained 51 points to end at 19,742.52 on fag-end buying, mainly
in State Bank of India and ITC shares.
The 30-share index recovered from initial losses to end higher by 51.10 points, or 0.26 per cent, at 19,742.52, as
investors purchased banking and realty stocks available at attractive levels.
Similarly, the wide-based National Stock Exchange index Nifty rose by 13.30 points, or 0.22 per cent, to 6,001.70,
after touching the days low of 5,964.40.
Brokers said investors were selective in their buying and picked up fundamentally strong stocks.
Buying in front-line stocks like SBI and ITC helped overcome the impact of a weak trend in Asian and European
markets.
SBI climbed 1.07 per cent to Rs. 2,493.45 after reports of a merchant banker upgrading the stock, while ITC rose for
the first time in five days by adding 2.18 per cent to Rs. 285.30. Mortgage lender HDFC Ltd gained 1.95 per cent to Rs
839.65.
Heavyweight stocks RIL lost 0.56 per cent to Rs. 850.35, while Infosys fell by 1.41 per cent to Rs. 2,341.20 ahead of its
quarter earnings on January 11.
In the 30-BSE index components, 16 stocks ended with gains while 14 finished lower. The realty and FMCG sector
indices were the front runner on investment buying.
Keywords: sensex, BSE, closing trade
More In: Markets | Business
Comments Recommended Post a comment
www.thehindu.com/business/markets/sensex-up-51-points-on-fagend-buying/article4286973.ece?cs

1/2

1/8/13

The Hindu : Business / Markets : Sensex up 61 points in early trade

Business Markets
Published: January 9, 2013 10:04 IST | Updated: January 9, 2013 10:04 IST

Sensex up 61 points in early trade


PTI

The BSE benchmark Sensex on Wednesday rose by over 61 points in early trade on sustained buying by funds amid a
firming trend in the Asian region.
The 30-share barometer, which had gained 51.10 on Tuesday, rose further by 61.51 points, or 0.31 per cent to
19,804.03 with all the sectoral indices, led by auto and realty, trading in positive zone with gains up to 1.07 per cent.
The wide-based National Stock Exchange index Nifty moved up by 13 points, or 0.22 per cent per cent, to 6,014.70.
Brokers said the sentiment remained strong on continued inflows from foreign funds into equity market amid a
firming trend in the Asian region.
Besides, hopes of encouraging corporate earnings for the third quarter also generated buying activity, they said.
In the Asian region, Hong Kongs Hang Seng rose by 0.39 per cent. while Japans Nikkei up by 0.47 per cent.
Keywords: sensex, stocks, opening trade, BSE
More In: Markets | Business
Comments Recommended Post a comment
Printable v ersion | Jan 9, 2 01 3 1 0:2 7 :05 AM | http://www.thehindu.com /business/m arkets/sensex-up-61 -points-in-early -trade/article4 2 89 7 2 9 .ece
The Hindu

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Disclaimer: The Hindu is not responsible for the content of external internet sites.
Republication or redissemination of the contents of this screen are expressly prohibited without the written consent
of The Hindu.
Comments to: web.thehindu@thehindu.co.in Copyright 2013, The Hindu

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1/1

1/9/13

Wall Street Snaps Two-Day Losing Streak | Fox Business


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Wall Street Snaps Two-Day Losing Streak


By Adam Samson, Matt Egan

Pub lished January 09, 2013

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a fairly upbeat start of fourth-quarter earnings season.


0
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The Dow Jones Industrial Average climbed 61.7 points, or 0.46%, to

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the Nasdaq Composite rose 14 points, or 0.45%, to 3106.


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Starting earnings season on a mostly positive note, aluminum giant


Alcoa (AA) posted fourth-quarter earnings of 6 cents a share,
matching Wall Streets expectations. Revenues of $5.9 billion
topped analysts forecasts of $5.6 billion. The Dow component also
said it sees global aluminum demand growth of 7% this year, up one
percentage point from 2012. Yet Alcoa's shares traded flat to slightly
higher Wednesday.
Still, market participants have generally subdued expectations for

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the fourth quarter. Dan Greenhaus, chief global strategist at BTIG,


wrote in an email that Wall Street is expecting 3% growth for S&P
500 companies, down sharply from 10% at the end of September.
He said to pay especially close attention to technology names -- like
www.foxbusiness.com/markets/2013/01/09/wall-street-snaps-two-day-losing-streak/

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Wall Street Snaps Two-Day Losing Streak | Fox Business

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highlights the extent to which the eurozone's debt woes have begun
infecting even the continent's most robust economies.
The U.S. data docket is bare on the day, but will pick up during the
final two days of the week. On Thursday, traders will get a look at
weekly jobless claims and then trade will be in focus on Friday.
In corporate news, Boeing (BA) rallied 2% as traders bet safety
worries regarding its highly-lauded 787 Dreamliner may be
overblown. "Sell the flap, buy the weakness," Oppenheimer advised
investors.
Morgan Stanley (MS) plans to cut around 1,500 workers,
representing about 6% of the companys workforce, sources told
FOX Businesss Charlie Gasparino.
Goldman Sachs (GS) also revealed that it will provide daily pricing
of U.S. money market funds starting immediately in a move it
believes will increase transparency. According to Goldman, current
regulations compel companies to report on a monthly basis with a
60-day lag.
PNC Financial (PNC) disclosed more than $300 million in
mortgage-related costs, but said it still plans to beat fourth-quarter
earnings estimates.
Herbalife (HLF) is said to be mulling a potential lawsuit against
Activist investor William Ackman. His allegations that the nutrition
company is a "pyramid scheme" sent the stock plunging late last
year, although it rallied on Wednesday after Daniel Loeb's Third
Point disclosed an 8.2% passive stake in Herbalife by acquiring 8.9
million shares.
Oil futures ticked lower. The benchmark U.S. contract fell 5 cents, or
0.05%, to $93.10 a barrel. Wholesale New York Harbor gasoline
slumped 0.55% to $2.779 a gallon. In metals, gold fell $6.70, or
0.4%, to $1,656 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.52% to 2705.43, the English FTSE 100
climbed 0.86% to 6106.53 and the German DAX edged up by
0.37% to 7723.02.

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1/9/13

Wall Street Snaps Two-Day Losing Streak | Fox Business

In Asia, the Japanese Nikkei 225 jumped 0.67% to 10579 and the
Chinese Hang Seng advanced 0.46% to 23218.
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The Labor Department said new claims for unemployment benefits


rose last week to 371,000 from a downwardly revised 367,000 the
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main refinancing rate at 0.75%, as expected. The Bank of England
held its benchmark interest rate at 0.5% and the size of its assetpurchase program at 375 billion pounds, as expected.
In corporate news, BATS Global Markets issued a note to clients
late Wednesday warning that a "system issue" allowed hundreds of
thousands of transactions to be processed at prices that were
different from the best ones available in a situation that has been
ongoing since 2008. BATS is the third-biggest U.S. equities
exchange and processes 12% to 13% of U.S. equity transactions
daily.
Herbalife (HLF) held an investor conference on the day in which it
defended itself against claims from activist hedge fund manager
William Ackman that it is basically a "pyramid scheme."
Increasingly, the dispute it becoming a clash of hedge fund titans,
with high-profile managers picking both sides, causing the stock to
fluctuate violently.
Tiffany & Co. (TIF) shares came under heavy selling pressure after
the luxury retailer said its full-year earnings would come in at the low
end of its guidance.
In commodities, oil futures advanced. The benchmark contract
jumped 72 cents, or 0.77%, to $93.82 a barrel. Wholesale New York
Harbor gasoline climbed 0.52% to $2.7933 a gallon. In metals, gold
rallied $22.50, or 1.4%, to $1,678 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.07% to 2708, the English FTSE 100
gained 0.05% to 6102 and the German DAX dipped 0.16% to
7708.
In Asia, the Japanese Nikkei 225 advanced 0.7% to 10653 and the
Chinese Hang Seng edged up by 0.59% to 23354.
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1/14/13

The Hindu : Business / Markets : As GAAR deferred, Sensex hit two-year high

Business Markets
Published: January 14, 2013 16:56 IST | Updated: January 14, 2013 16:56 IST

As GAAR deferred, Sensex hit two-year high


PTI

As the Finance Minister announced the deferment of GAAR for two more years, amid expectation of interest rate hike the Sensex shoot up
to a two year high on Mondy.

The Hindu

The BSE benchmark Sensex on Monday closed to two-year high of 19,906.41 points led by buying in banking and
software stocks following postponement of GAAR amid hopes of interest rate cut after inflation declined to three-year
low of 7.18 per cent.
The Sensex ended 242.77 points up, or 1.23 per cent, to close at 19,906.41, a level last seen on January 6, 2011, soon
after the government postponed General Anti Avoidance Rule (GAAR) for two years till April 2016.
Similarly, the National Stock Exchange index Nifty shot up by 72.75 points, or 1.22 per cent, to 6,024.05 as heavyweight Infosys drove the software sector stocks higher after posting attractive revenue guidelines.
Realty and banking stocks were also star-performers after lower-than-estimated government inflation boosted
speculation that the Reserve Bank of India might cut interest rates in its third quarter review of monetary policy on
January 29.
Inflation based on wholesale prices declined to 7.18 per cent in December.
The market sentiment was boosted by Finance Minister P Chidambarams decision to defer implementation of
General Anti-Avoidance Rules (GAAR) from April 2014 to 2016, said Sanjeev Zarbade, Vice President-Private Client
Group Research, Kotak Securities.
Post the December inflation number, expectations of a rate cut has further strengthened the sentiment, he added.
Infosys stocks surged by Rs 94.65 to Rs 2,807.25 and CMC Ltd by Rs 36.40 to Rs 1,371.25 driven by reports of better
third quarter earning results. Tata Consultancy, HCL Technologies, Mahindra Satyam and Tech Mahindra were other
gainers.
In the banking sector, State Bank of India shot up by Rs 8.50 to Rs 2,499.45, ICICI Bank by Rs 19.40 to Rs 1,184.70,
HDFC Ltd by Rs 15.60 to Rs 825.20 and Bank of India by Rs 17.50 to Rs 381.50.
The rate-sensitive realty sector index gained the most by rising 5.01 per cent to 2,252.25 as segment major DLF Ltd
www.thehindu.com/business/markets/as-gaar-deferred-sensex-hit-twoyear-high/article4307114.ece

1/2

1/14/13

The Hindu : Business / Markets : As GAAR deferred, Sensex hit two-year high

shot up by Rs 17.80 to Rs 247.85. The IT sector was second best by adding 2.57 per cent to 6,413.25 followed by
banking index by 1.07 per cent to 14,653.72.
The rally was partly supported by a firming trend in the Asian region and higher opening in Europe after Federal
Reserve Bank of Chicago said the central bank should continue to support the global economic recovery.
Keywords: Bombay Stock Exchange, Sensex, GAAR, Finance Minister, RBI, Financial stocks
RELAT ED NEWS

Govt. postpones GAAR implementation by 2 years


More In: Markets | Business
Comments Recommended Post a comment
Printable v ersion | Jan 1 4 , 2 01 3 8:1 3 :2 5 PM | http://www.thehindu.com /business/m arkets/as-gaar-deferred-sensex-hit-twoy ear-high/article4 3 07 1 1 4 .ece
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2/2

1/15/13

The Hindu : Business / Markets : Sensex hits 20K-level after two years

Business Markets
Published: January 15, 2013 10:03 IST | Updated: January 15, 2013 17:04 IST

Sensex hits 20K-level after two years


PTI

Sensex touched a high of 20,007.09 by gaining over 100 points in opening trade.

AP

After breaching the 20,000-mark twice during trading, the BSE benchmark Sensex on Tuesday finally closed at a tad
lower 19,986.82 amid sustained fund-based buying following government measures to bolster economic growth and
steady inflow of robust quarterly earnings.
After crossing 20,000 points level in early trade and again for a second time in the last hour of market, Sensex closed
with a gain 80.41 points, or 0.40 per cent, at 19,986.82. This is the first time since January 6, 2011 that the index
crossed the 20,000-mark.
ITC, Bharti Airtel, ICICI Bank, Tata Motors and ONGC helped the market rise. However, Infosys, CIL, SBI and M&M
were among Sensex losers. Traders booked profits in some counters that recently notched up good gains, experts said.
Brokers said the market remained in a bullish mood following GAAR postponement, amid hopes of rate cut after
inflation declined to 3-year low of 7.18 per cent on Monday.
The sentiment improved further on steady good set of numbers from IT giant Tata Consultancy Services, HCL Tech
and Axis Bank, they added.
The NSE Nifty closed with a gain of 32.55 points, or 0.54 per cent, at 6,056.60, after touching days high of 6,068.50.
It was another strong day for the markets with the Sensex crossing the 20000 mark during the day. Strong results
from early declarants have buoyed the sentiments of market.
Markets are also expecting interest rates to moderate after WPI. Deferral of GAAR to April 2016 also helped, said
Dipen Shah, Head of PCG Research, Kotak Securities.
Todays rally was led by stocks of rate-sensitive banking, realty and auto sectors on heightened expectations of a rate
cut. RBI meets on January 29 to review its monetary policy. The realty sector index gained the most by 1.05 per cent,
followed by bank index that inched up 0.72 per cent and the auto sector index rose by 0.30 per cent.
Keywords: sensex, closing trade, BSE, share markets
More In: Markets | Business | News
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The Hindu : Business / Markets : Sensex hits 20K-level after two years

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2/2

1/17/13

The Hindu : Business / Markets : Sensex surges 146 points; RIL, ONGC gain

Business Markets
Published: January 17, 2013 17:18 IST | Updated: January 17, 2013 17:23 IST

Sensex surges 146 points; RIL, ONGC gain


PTI

Better quarter earnings by leading IT companies supported the market sentiment today.

PTI

The BSE benchmark sensex today recovered by 146 points on fund-based buying mainly in oil stocks like RIL and
ONGC after the government virtually deregulated diesel prices to cut subsidy bill.
The 30-share index, which had lost 169 points in the previous session, bounced back by 146.40 points to settle at
19,964.03 points.
The broad-based National Stock Exchange index Nifty rose by 37.35 points, or 0.62 per cent, to 6,039.20 points.
Brokers said oil processing and marketing companies were in demand after the government virtually deregulated
diesel prices allowing small hikes over a period of time.
ONGC, which also bears a part of diesel subsidy bill, rose the most among sensex stocks by 3.66 per cent. Oil refiner
Reliance Industries shot up by 3.40 per cent.
Better quarter earnings by leading IT companies further supported the market sentiment, they added.
After Infosys and TCS, software solutions provider HCL Technologies today posted better-than-expected profit in
October-December. HCL Tech rose by 4.31 per cent.
Infosys by 0.91 per cent as foreign investors remained net buyers of Indian stocks for the 13th straight day.
Among others, Hindustan Petroleum gained 6.06 per cent to Rs 345.60, Bharat Petroleum by 3.75 per cent to Rs
295.90, Indian Oil by 6.60 per cent to Rs. 315.90, Oil India by 4.36 per cent to Rs. 514.90 and Essar Oil by 5.06 per
cent to Rs. 76.85.
Keywords: sensex, closing trade, share markets, Reliance shares, ONGC shares
RELAT ED NEWS

Sensex down 34 points in early morning trade


More In: Markets | Business
Comments Recommended Post a comment
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1/17/13

The Hindu : Business / Markets : Sensex surges 146 points; RIL, ONGC gain
Printable v ersion | Jan 1 8, 2 01 3 1 :00:1 4 AM | http://www.thehindu.com /business/m arkets/sensex-surges-1 4 6-points-ril-ongc-gain/article4 3 1 6 2 03 .ece
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2/2

1/17/13

Dow ends near 5-year high - Jan. 17, 2013

Dow ends near 5-year high


By CNNMoney Staff @CNNMoneyInvest January 17, 2013: 4:16 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks rallied Thursday, with the Dow closing near a 5-year high, as upbeat reports on the economy offset mixed corporate
results.
The Dow Jones industrial average, the S&P 500 and the Nasdaq all rose more than 0.6%, with the S&P 500 closing at a new 5year high.
The advance came after the government reported a sharp rise in the number of new homes being built in December. Home
Depot ( HD, Fortune 500) was the top gainer on the Dow, while hombuilders PulteGroup ( PHM)and Toll Brothers ( TOL)
both gained more than 3%.
Investors also welcomed news that first-time claims for unemployment benefits fell to a five-year low last week.
The drop in unemployment claims raised hopes the U.S. economy is gaining "traction," said Doug Roberts, Chief Market
Strategist for Channel Capital Research. The report bodes well for the job market, he said, which should help support the
economy by boosting consumers' spending power.
"The initial claims number triggered the rally," said Roberts. "Everything is linked to consumer spending."
Despite the improved economic outlook, bank stocks were among the worst performers.
Bank of America ( BAC, Fortune 500) shares fell 4.4% after the company reported earnings that were slightly better than
analysts had expected, although the results were impacted by various charges stemming from BofA's legal problems.
Citigroup ( C, Fortune 500) shares sank 3% after it reported profits that missed expectations, partly due to high legal costs
amounting to $1.3 billion. Chief Executive Michael Corbat cited a "challenging" environment.
"It's been a real mixed bag with the numbers," said Ben Schwartz, chief market strategist at Lightspeed Financial.
Related: Why aren't investors scared?

Boeing ( BA, Fortune 500) was in focus after officials Europe, India and Japan joined the Federal Aviation Administration after
it grounded all Dreamliner planes. They cited worries about onboard lithium-ion batteries that have caught fire twice recently.
Shares rose 1%, recovering from sharp losses on Wednesday.
money.cnn.com/2013/01/17/investing/stocks-markets/index.html?iid=HP_LN

1/2

1/17/13

Dow ends near 5-year high - Jan. 17, 2013

Shares of BlackRock (

BLK, Fortune 500) rose after the world's largest asset manager reported better-than-expected earnings.

American Express ( AXP, Fortune 500),Capital One (


after the closing bell.

COF, Fortune 500) andIntel (

INTC, Fortune 500) will report results

Overall, S&P 500 companies are expected to report earnings growth of 3.2% for the last three months of 2012, according to
S&P's Capital IQ.
"People weren't expecting a great earnings season, and they're not getting one," said Rex Macy, chief investment officer at
Wilmington Trust Investment Advisors. "They're getting a decent one. Earnings are meeting lowered expectations."
Still the economic recovery is "sound" and there is a certain level of "comfort" in the market, said Macy. The main risk, he added,
is that officials in Washington will fail to resolve the crisis over the nation's borrowing limit.
"If Washington doesn't mess things up, we should be fine," he said.
Shares of Herbalife ( HLF) fell after the vitamin supplement company said it would likely incur temporary expenses relate to
"recent events." Activist investor Bill Ackman, who runs the $11 billion hedge fund Pershing Square, has called Herbalife a
pyramid scheme and publicly said that he's betting $1 billion that its stock will fall to zero. On the other side is Dan Loeb, who
runs Third Point. He's taken an 8% stake in Herbalife and says Ackman's claims are preposterous.
CBS ( CBS, Fortune 500) shares jumped after the company announced it would take its American outdoor division, which runs
billboards, and convert it into a real estate investment trust. It's planning to outright sell its European and Asian outdoor
operations.
Mining giant Rio Tinto (

RIO) replaced its CEO after taking a $14 billion writedown on its aluminum and coal businesses.

Related: Fear & Greed Index showing extreme greed

European markets closed higher. The FTSE 100 ( UKX) in London rose 0.5%, the CAC 40 ( CAC40) in Paris gained nearly 1%
and the Dax ( DAX) in Frankfurt added 0.6%. In Asia, Japan's Nikkei closed narrowly higher, but the Hang Seng slipped and the
Shanghai Composite fell more than 1%.
Oil prices jumped 1.3% to $95.48 a barrel. Gold was up nearly $5 to $1,688 an ounce. The yield on the 10-year Treasury note
was unchanged at 1.87%. The U.S. dollar gained versus the Japanese yen and British pound, but fell against the euro.

First Published: January 17, 2013: 9:47 AM ET

Recom m ende d for Y ou


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1/17/13

Wall Street Jumps Amid Economic Optimism | Fox Business


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The Philadelphia Federal Reserve's gauge of manufacturing activity


in the mid-Atlantic region fell to -5.8 in January from 4.6 in
December. The index was expected to rise to 5.8. Readings above
zero point to expansion while those below indicate contraction.
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worries have swelled about its 787 Dreamliner aircraft. In the latest
setback, the Federal Aviation Administration ordered carriers flying
U.S.-registered 787s to temporarily halt using the plane until they
can demonstrate the onboard batteries are safe. Shares pointed
down another 2%.
Earnings season also began kicking into high gear. Ahead of the
opening bell, Bank of America (BAC), UnitedHealth (UNH) and
Citigroup (C) reported fourth-quarter earnings.
BofA, the second-biggest U.S. bank by assets, saw its net income
shrink $700 billion from $2 billion the year prior. Its per-share
earnings of 3 cents topped expectations by a penny, but its
revenues of $19.61 billion came in shy of the $21.11 billion analysts
forecast.
UnitedHealth, the biggest U.S. health insurer, said it earned $1.20 a
share on revenues of $28.8 billion, topping estimates of $1.19 per
share on $28.2 billion.
Citi posted an adjusted fourth-quarter profit of 69 cents per share,
which was short of the 96 cents analysts forecast. Adjusted
revenues of $18.7 billion also missed expectations of $18.8 billion.
Oil futures rallied after the hostage situation in Algeria prompted
concerns about the security of supplies in the Middle East and North
Africa. The benchmark oil contract rose $1, or 1.1%, to $95.24 a
barrel. Wholesale New York Harbor gasoline climbed 0.74% to
$2.741 a gallon. In metals, gold gained $3.10, or 0.19%, to $1,686 a
troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.43% to 2714, the English FTSE 100
climbed 0.16% to 6114 and the German DAX was flat at 7691.
In Asia, the Japanese Nikkei 225 gained 0.09% to 10610 and the
Chinese Hang Seng fell 0.07% to 23340.
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slightly trailed estimates on the top line.


In addition to a deeper-than-expected 3% drop in revenue, Intel
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Africa sparked by the hostage situation in Algeria.
Futures cooled off mildly on Friday. The benchmark crude contract
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Harbor gasoline fell 0.42% to $2.757 a gallon.
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Capital One (COF) tumbled 8% as the financial-services company
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in Manhattan for $1.1 billion. Sony sees a $685 million gain thanks
to the move.
Foreign Markets
The Euro Stoxx 50 fell 0.31% to 2710.93, the English FTSE 100
rose 0.48% to 6160.77 and the German DAX slipped 0.29% to
7714.19.
In Asia, the Japanese Nikkei 225 soared 2.9% to 10913 and the
Chinese Hang Seng rallied 1.1% to 23602.

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Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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1/18/13

The Hindu : Business / Markets : First time in two years, Sensex closes above 20,000 mark

Business Markets
Published: January 18, 2013 16:46 IST | Updated: January 18, 2013 22:08 IST

First time in two years, Sensex closes above 20,000 mark


Special Correspondent

For the first time in two years, the sensex has crossed 20,000 limit on Friday. File Photo: Vivek Bendre

The Hindu

The partial decontrol of diesel prices triggered a rally in stocks of oil and gas sector on Friday, which resulted in the
Bombay Stock Exchange benchmark index, Sensex, closing above the 20,000-mark .
With FIIs pumping in around Rs. 90 billion this calendar year so far, the sentiments on bourses are upbeat. Markets
have moved up in anticipation of fund flows, which was expected with global liquidity easing. Moreover, the
initiatives of the Government to revive the economy also have received the attention of foreign funds.
The 30-share index closed at 20039.04 up by 75.01 points. On the National Stock Exchange, the Nifty index closed at
6064.40 with a gain of 25.20 points.
Rally in oil & gas stocks
The rally was led by BSEs oil and gas stocks, which gained 3.09 per cent, followed by PSUs 2.77 per cent, power 1.44
per cent, realty 0.86 per cent, capital goods 0.21 per cent, banks 0.14 per cent and FMCG 0.03 per cent.
However, stocks of information technology, automobile, metal, and healthcare ended in the red. Among the broadbased indices, BSE 100 gained 0.29 per cent. BSE 200 was up by 0.24 per cent, and BSE 500 gained 0.20 per cent.
However, BSEs midcap and small cap scrips ended in the negative territory, with a loss of 0.23 per cent and 0.52 per
cent.
The earnings of upstream PSUs are likely to increase further only if price hike is higher than our assumption, or the
upstream share of subsidy burden is reduced to 33 per cent from 40 per cent, which is unlikely.
We believe any event-based rally further can be taken as an opportunity to book profit in the stocksince the reforms
are not expected to bring any substantial jump in the earnings, said Vinay Nair, Analyst, Karvy Stock Broking.
Keywords: Bombay Stock Exchange, Sensex, Refinery stocks, BSE, NSE, Nifty
RELAT ED NEWS

Sensex surges 146 points; RIL, ONGC gain Rupee weakens against U.S. Dollar Sensex declines as rate cut hope fades
www.thehindu.com/business/markets/first-time-in-two-years-sensex-closes-above-20000-mark/article4319611.ece?homepage=true&css=print

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1/21/13

Sensex at fresh twoyear high Reliance Industries Ltd spurts 235


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Source: THE HINDU | Updated:21hrs 19mins

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Mon, 21 Jan 2013 11:04 IST

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Sensex at fresh tw o-year high, Reliance Industries Ltd


spurts 2.35% Like 0
PTI: MUMBAI, JAN 21 2013, 16:52 IST

Tags: Reliance Industries Ltd | Sensex 2-year High | RIL Shares | Strong Quarterly Earnings | Larsen And Toubro
Markets News
TODAY'S MARKET
BSE

20101.82

0.31

NSE

6082.30

0.30

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triple in 4 years

Mumbai: Riding on a surge in RIL


shares, the BSE benchmark Sensex
today ended 63 points higher at
20,101.82 points to complete threedays of gains, amid positive trends in
European markets.
The BSE 30-share Sensex resumed
higher and moved in a positive terrain of over 100 points before
settling 62.78 points higher at fresh two-year high of 20,101.82. The
last time the index settled at this level was on since January 6, 2011
In the previous two days, it had gained over 221 points. The broadbased S&P CNX Nifty of the NSE also improved by 17.90 points to
end at 6,082.30.
Brokers said firm European cues and continued capital inflows aided
the sentiment, while mixed Asian cues restricted the rise in Sensex.
"While the undertone remains bullish, indices appear to be
consolidating...Corporate results have brought in some cheer, but
the movement seems restricted to select counters only," said Amar
Ambani, Head of Research, IIFL.
Reliance Industries (RIL) with a spurt of 2.35 per cent was the top
gainer from the Sensex pack. It alone contributed over 40 points to
the index gain after the company on Friday evening announced 24
per cent jump in the October-December profit This was the first

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1/1

1/21/13

The Hindu : Business / Markets : Sensex scales fresh 2-year high

Business Markets
Published: January 21, 2013 16:56 IST | Updated: January 21, 2013 16:56 IST

Sensex scales fresh 2-year high


PTI

Brokers said quarter earnings posted by Reliance Industries and other companies helped boost the sentiment. File Photo

The Hindu

The BSE benchmark Sensex on Monday rose to fresh two-year high of 20, 101.82 points gaining 63 points on goody
buying, particularly in RIL shares, triggered by strong quarterly earnings by corporates.
Extending gains for the third straight day, the Sensex settled at 62.78 points, or 0.31 per cent, up at 20,101.82 - its
highest level since January 6, 2011. In the previous two days it had gained over 221 points.
The broad-based National Stock Exchange index Nifty rose by 17.90 points, or 0.30 per cent, to 6,082.30, while Nifty
futures index breached 6,100-level for first time since January 6, 2011 as investor mood remained bullish.
Brokers said quarter earnings posted by Reliance Industries and other companies helped boost the sentiment.
RIL stocks rose by 2.35 per cent to Rs. 920.05, after surging to 52-week high of Rs. 954.80 intra-day. The company
had posted 24 per cent jump in its net profits for the third quarter (October-December).
Brokers said the present rally is led by oil companies whose shares are attracting goody buying in the wake of
government allowing refiners to raise diesel prices.
In 30-BSE index components, 17 gained while 13 ended with losses. The oil and gas and capital goods sector indices
were in the limelight.
BHEL shot up 2.25 per cent to Rs. 231.65 and Larsen and Toubro by 2 per cent to Rs. 1,567.25. Maruti Suzuki gained
1.87 per cent to Rs 1,574.65 ahead of their earnings later this week.
The market sentiment was further bolstered on higher opening in European markets as eurozone finance ministers
are meeting for the first time this year to tackle the sovereign debt crisis.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
More In: Markets | Business
Comments Recommended Post a comment
Printable v ersion | Jan 2 1 , 2 01 3 9:3 8:1 6 PM | http://www.thehindu.com /business/m arkets/sensex-scales-fresh-2 y ear-high/article4 3 2 89 6 0.ece
The Hindu

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The Hindu : Business / Markets : Sensex scales fresh 2-year high

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2/2

1/22/13

Dow, S&P 500 close at 5-year highs - Jan. 22, 2013

Dow, S&P 500 close at 5-year highs


By Hibah Yousuf @CNNMoneyInvest January 22, 2013: 4:48 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks gained ground Tuesday, with the Dow and S&P 500 closing at fresh five-year highs amid mostly strong earnings
reports.
The Dow Jones industrial average added 0.4% and S&P 500 rose 0.5%, advancing once again to their highest levels since
December 2007. The two indexes have been hitting new highs since the start of the year.
Travelers ( TRV, Fortune 500) was among the best performers on the Dow, with shares rising more than 2% after the
company's fourth-quarter profit beat estimates. Shares of DuPont ( DD, Fortune 500) also rose sharply after the company
reported better-than-expected earnings and issued an upbeat outlook, helping boost the blue chip index.
Western Digital ( WDC, Fortune 500) was a big winner in the S&P 500. The data storage provider, which is slated to report
earnings Wednesday, said it is expanding its products to to address the small and medium-sized business market.
The Nasdaq edged up 0.3%, fueled by an 13% jump in shares of Research in Motion (
been gaining on the hype surrounding the launch of BlackBerry 10 later this month.

RIMM). The BlackBerry maker's stock has

Dell ( DELL, Fortune 500) was also a big gainer on the tech-heavy index following reports that Microsoft ( MSFT, Fortune
500) was in talks with private equity firm Silver Lake Partners and Dell CEO Michael Dell to invest between $1 billion to $3
billion in the buyout of the PC maker, citing sources close to the matter.
Related: Microsoft buying a chunk of Dell would be smart (for Microsoft)

On the downside, Johnson & Johnson ( JNJ, Fortune 500) shares edged lower after the company reported earnings and sales
that were roughly in line with estimates
Verizon ( VZ, Fortune 500) reported a wider quarterly loss ahead of the open, but shares gained ground. Wireless carriers are
expected to have a rough quarter as profit margins get dinged by high subsidies paid to Apple ( AAPL, Fortune 500) for the
iPhone 5.
After the closing bell, shares of IBM ( IBM, Fortune 500) climbed after the company topped fourth-quarter earnings and sales
expectations and also issued a better-than-expected outlook for 2013.
Google (

GOOG, Fortune 500) shares also rose in after-hours trading after the company delivered earnings and revenue that

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1/2

1/22/13

Dow, S&P 500 close at 5-year highs - Jan. 22, 2013

exceeded forecasts.
Overall, S&P 500 companies are expected to report earnings growth of 3.8% for the last three months of 2012, according to
S&P's Capital IQ.
Earlier in the day, stocks wavered as investors focused on mixed housing data. The National Association of Realtors said
existing home sales surprisingly declined in December to an annual rate of 4.94 million from the previous month. Despite the
month-over-month decline however, overall existing home sales in 2012 were the highest for the U.S. real estate market in five
years, according to the industry trade group.
Related: Fear & Greed Index steeped in extreme greed

European markets and Asian markets ended mixed.


Japan's Nikkei ended narrowly weaker and the yen firmed slightly against the dollar after the Bank of Japan raised its inflation
target and announced unlimited government bond purchases from next year. The move was widely expected and some analysts
said the bank could have been even more ambitious in its bid to stimulate growth.
"Today's announcements do represent a significant step forward from the BoJ," analysts at Daiwa Capital Markets wrote in a
note to clients. "Even if they are not necessarily the seismic shift in policy that the economy might require."
The dollar was also lower versus the euro and the British pound.
Oil and gold priced edged higher.
The price of the 10-year Treasury was little changed, and the yield held steady around 1.84%.

First Published: January 22, 2013: 9:36 AM ET

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The Dow and broad S&P 500 continued climbing Tuesday after

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reaching their highest levels since 2007 last week as traders mulled
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1
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Shar e

The Dow Jones Industrial Average climbed 62.4 points, or 0.46%, to


13712, the S&P 500 rose 6.5 points, or 0.44%, to 1493 and the

1 Verizon Logs 4Q Loss of


$4.2B on Charge s
2 EIA: U.S. Could Be Biggest
Liquid Fuel Producer By 2014
3 The Lull Before Tomorrow's Storm
4 GM ups the ante in talks over Opel
factory closure
5

Wells Fargo Lifts Dividend 14%

Nasdaq Composite gained 8.5 points, or 0.27%, to 3143.


American markets were closed Monday for the Martin Luther King,
Jr. holiday. Last week's positive sentiment carried into the new

See all tr ends

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Mor e Stor ies

week despite mixed data and earnings.


The National Association of Realtors said sales of previously-owned
homes fell 1% in December from November to a 4.94 million unit
annualized rate, missing estimates of a 5.1 million unit annualized
rate. The inventory of homes for sale also dropped to its lowest level
in more than a decade.
"While todays report was below consensus, we remain convinced
that the housing recovery is well underway and should continue
through 2013," Dan Greenhaus, chief global strategist at BTIG wrote
www.foxbusiness.com/markets/2013/01/22/wall-street-builds-on-five-year-highs/

Are There Still Buys in Tech


Sector?
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Gr ow ing As s ets

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Wall Street Builds on Five-Year Highs | Fox Business

in an email. He also notes the overbuilding seen during the housing

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earnings beat expectations on the top and bottom lines. Travelers


(TRV), the blue-chip insurer, also weighed in with a beat on profits
and revenues. The same can't be said for Verizon
Communications (VZ), which reported a profit that widely trailed
expectations, but sales that came in slightly ahead of the Street's
view.
Results from IBM (IBM) and Google (GOOG) are on tap for after
the closing bell.
Also on the economic front, a closely-watched report from the ZEW
Institute showed German economic sentiment surging to its highest
level since May 2010 in January. Germany is Europe's powerhouse
economy, and has struggled to stay afloat as the eurozone debt
crisis has pummeled countries it exports to.
"The ZEW readings are consistent with eurozone risk having
diminished while activity itself has yet to respond to the improved
situation," analysts at Barclays wrote in a note to clients. Still, the
investment bank warns that "too much should not be made of one
months reading" since it is a volatile metric.
The Bank of Japan also stepped up its fight against deflation,
setting an explicit 2% inflation "target" after previously working
toward a 1% inflation "goal." The move comes amid a fresh push for
accommodative fiscal and monetary policy from new Prime Minister
Shinzo Abe.
Oil prices jumped. The benchmark contract climbed 68 cents, or
0.71%, to $96.24 a barrel. Wholesale New York Harbor gasoline
rallied 1.2% to $2.83 a gallon. In metals, gold edged up by $6.20, or
0.37%, to $1,693 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.08% to 2724, the English FTSE 100
dipped 0.02% to 6179 and the German DAX slumped 0.41% to
7717.
In Asia, the Japanese Nikkei 225 slipped 0.35% to 10710 and the
Chinese Hang Seng rose 0.29% to 23659.

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Wall Street Builds on Five-Year Highs | Fox Business

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1/23/13

Tech stocks push Dow, S&P to new 5-year highs - Jan. 23, 2013

Tech stocks push Dow, S&P to new 5-year highs


By Maureen Farrell @CNNMoneyInvest January 23, 2013: 4:52 PM ET

Click chart for more market data.

NEW YORK (CNNMoney)

Another round of corporate earnings lifted stocks, helping the S&P 500 and the Dow hit new 5-year highs.
Better-than-expected earnings from IBM (
to drive stocks higher Wednesday.

IBM, Fortune 500) and Google (

GOOG, Fortune 500) provided some of the fuel

The Dow Jones Industrial Average, the Nasdaq and the S&P 500 closed up between 0.1% and 0.5%.
Stocks have been edging higher for most of January with the Dow closing higher on nine of the last 10 trading days.
US Airways ( LCC, Fortune 500) added to the enthusiasm when it reported earnings Wednesday morning that beat forecasts.
Shares of McDonald's ( MCD, Fortune 500) ticked up slightly even though the company warned that same-store sales could
fall in January. Earnings did top estimates, however.
Shares of Netflix ( NFLX) soared more than 30% in after hours trading, after the online video rental company surprised
investors by reporting a fourth quarter profit.
Related: Microsoft buying a chunk of Dell would be smart (for Microsoft)

Shares of Apple ( AAPL, Fortune 500) fell nearly 5% in after hours trading to below $500. The company missed revenue
estimates but beat profit expectations. Apple's stock has been under pressure recently amid concerns about waning iPhone
sales.
Overall, S&P 500 companies are expected to report earnings growth of 3.8% for the last three months of 2012, according to
S&P's Capital IQ.
Still, not all earnings reports have been positive. Luxury retailer Coach ( COH ) disappointed investors. Revenue missed
forecasts, and the company said holiday sales were "challenging." Shares fell nearly 15%.
Investors are also keeping an eye on the World Economic Forum in Davos, Switzerland, where business and political leaders
have gathered to discuss economic issues. JPMorgan Chase ( JPM, Fortune 500) Chief Jamie Dimon, who spoke Wednesday,
apologized again to shareholders for trading losses the bank suffered on credit derivatives last year, although he said "life goes
on."

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1/23/13

Tech stocks push Dow, S&P to new 5-year highs - Jan. 23, 2013

Related: Fear & Greed Index moves deeper into extreme greed

European markets closed mixed, while Asian markets ended mostly flat, with the exception of the Nikkei, which slumped 2%.
The dollar was also lower versus the yen and the British pound, but flat against the euro.
Oil prices edged higher, while gold prices dropped.
The price of the 10-year Treasury held steady with the yield hovering around 1.84%.

First Published: January 23, 2013: 9:49 AM ET

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Fueled by IBM Surge, Dow Extends Winning Streak | Fox Business


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S&P 500 notching fresh five-year highs on Wednesday. Compared

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IBM (IBM) shares rallied on the back of its strong quarterly earnings.
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1/23/13

Fueled by IBM Surge, Dow Extends Winning Streak | Fox Business

Am id Fis cal Cr os s fir e

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market value, posts after the closing bell. Since the Cupertino,
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its stock price often move the broader markets (especially the tech-

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741.50
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heavy Nasdaq). Its stock has tumbled some 20% in the past three
months amid concerns about iPhone 5 sales and cannibalization
caused by its iPad Mini. It is forecast to have earned $12.8 billion,
or $13.47 a share, on $54.7 billion in revenues in its fiscal first
quarter.
Meanwhile, the U.S. House of Representatives is set to vote around
mid-day on a measure that would suspend the debt ceiling until May
19. The bill, which is expected to be passed with wide Republican
support, would temporarily turn off the borrowing limit as opposed to
setting an explicit spending cap. The White House has already
agreed to sign off on it, and if it passed it the Senate, it would, at
least for the moment, ease Wall Street's fears about a default on
U.S. debt or a government shutdown.
The bill also tries to force Congress to pass a budget, something
that has been elusive for four years, by April 15, lest members of
Congress won't be paid. Whether such a move can gain enough
traction in the Democrat-controlled Senate is yet to be seen.
In commodities, oil futures edged up by 7 cents, or 0.07%, to $96.75
a barrel. Wholesale New York Harbor gasoline advanced 0.55% to
$2.846 a gallon. Gold ticked higher by 10 cents, or 0.01% to $1,693
a troy ounce.
Foreign Markets
The Euro Stoxx 50 dipped 0.31% to 2708, the English FTSE 100
rose 0.3% to 6198 and the German DAX climbed 0.15% to 7708.
In Asia, the Japanese Nikkei 225 tumbled 2.1% to 10487 and the
Chinese Hang Seng edged lower by 0.1% to 23635.
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1/25/13

The Hindu : Business / Markets : Sensex rebounds 180 points

Business Markets
Published: January 25, 2013 09:38 IST | Updated: January 25, 2013 16:51 IST

Sensex rebounds 180 points


PTI

The BSE benchmark Sensex on Friday bounced back by nearly 180 points to close at 20,103.53 on heavy buying in
interest-sensitive stocks ahead of RBI credit policy on Tuesday and encouraging earnings by Maruti Suzuki.
After a better start, the Sensex spurted by 179.75 points, or 0.90 per cent to end at 20,103.53 helped by rise in Tata
Motors, Maruti Suzuki, SBI, L&T and HDFC Bank shares.
Rate-sensitive sectors like real estate, auto, consumer durables, capital goods and banks saw good buying on hopes
the central bank will cut rates by at least 0.25 per cent on January 29 to boost economic growth, brokers said.
The broad-based National Stock Exchange index Nifty rose by 55.30 points, or 0.92 per cent to close at 6,074.65.
Investors also took advantage of buying stocks following the previous days plunge when Sensex fell by 103 points,
brokers added.
Constant liquidity in the market is holding the indices in upward zone, i.e., Nifty above 6,000 and Sensex over
20,000. Also, rate cut hopes are high this time, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio Ltd.
Maruti Suzuki rose by 4.15 per cent, the best performer among 30-scrip Sensex, as it posted attractive earnings.
Tata Motors, the owner of Jaguar Land Rover, shot up by 2.55 per cent to Rs 301.05.
Among lenders, State Bank of India shot up by 2.23 per cent to Rs 2,513.25, ICICI Bank by 0.76 per cent to Rs
1,172.75, Bank of Baroda by 4.71 per cent to Rs 880.70 and Bank of India by 4.70 per cent to Rs 364.40.
In realty space, DLF, Unitech India Bulls Realestate and Sobha Developers closed with gains on expectations that a
rate cut would boost home loan business.
Keywords: sensex, opening trade, share markets, BSE
More In: Markets | Business
Comments Recommended Post a comment
Printable v ersion | Jan 2 6 , 2 01 3 3 :06 :3 2 AM | http://www.thehindu.com /business/m arkets/sensex-rebounds-1 80-points/article4 3 4 3 551 .ece
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S&P Narrowly Posts Longest Win Streak in 6 Years; Apple Rots | Fox Business
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Even as shares of technology juggernaut Apple crumbled, the broad

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S&P 500 inched past its highest mark in five years and posted its
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Shar e

The Dow Jones Industrial Average rose 46 points, or 0.33%, to


13825, the S&P 500 climbed 0.01 point, or 0.00%, to 1495 and the

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5

Southw est' s Profit Slips on Higher Costs

Nasdaq Composite dipped 23.3 points, or 0.74%, to 3130.


See all tr ends

Despite the Nasdaq's weak performance, the broad markets


actually ended the day little changed. The best-performing sector by

INVESTING

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a wide margin were consumer cyclical stocks, followed by energy


and industrials. Tech was the biggest laggard by far, followed by
telecommunications.
The S&P 500 brushed up against the 1500 mark for the first time

Midday Market Report: 1/24/13

since before the financial crisis in mid-day trading. The index hit a

Apple Bites Wall Str eet's Rally

12-year low in March 2009 while the U.S. was still in the throes of

Einhor n Shor ted Her balife in 2012

the crisis and has now rebounded by some 96%.


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S&P Narrowly Posts Longest Win Streak in 6 Years; Apple Rots | Fox Business

Apple in the Spotlight

FOX50

-0.64%

FOX 50 INDEX

Today

All eyes were on Apple (AAPL ) Wednesday afternoon as the

GS

-0.41%

iPhone-maker stepped up to report its fiscal-first quarter earnings.


The Cupertino, Calif.-based company revealed profits that topped
expectations, and narrowly avoided the first year-over-year slide in
nine years. However, revenues came in short, as did its forward
guidance.

GOLDMAN SACHS...

MSFT

Today

+0.07%

MICROSOFT COR...

Today

GOOG

+1.66%

GOOGLE INC.

XOM

EXXONMOBIL CO...

Today

+0.72%
Today

1,077.53
4:20 PM

144.96
4:02 PM

27.63
4:00 PM

753.83
4:00 PM

91.35
4:00 PM

Overall, Wall Street was disappointed, questions swirled over


whether the company could be losing its touch, and shares nose
dived some 12.4%, sending the stock deeper into bear market
territory. While some analysts remain bullish on the stock, the overall
tone certainly turned negative.
Jefferies, for example, cut its price target $300 to $500 a share, and
slashed its rating from "buy" to "hold." The investment bank said in a
note to clients that the "slowdown in iPhone sales is real and
material" and that it worries about pressure to the company's
margins. UBS, which still has Apple rated a "buy," sliced its target
by another $50 to $600 a share.
The company is the world's biggest on public markets by market
capitalization, weighing in at close to half a trillion dollars. Big
moves in its stock price weighs especially heavily on the Nasdaq.
Apple isn't a Dow component, however, so the blue-chip average
could hold up best to a big drop in Apple shares.
Also in corporate news, 3M (MMM) posted fourth-quarter profits that
matched expectations and revenues that came in above forecasts.
Traders also had a batch of economic data to parse through.
The Labor Department said new claims for unemployment benefits
fell last week to 330,000 -- the lowest level since January 2008 -from 335,000 the week prior. Claims were expected to increase to
355,000. The four-week moving average, which smoothes out
volatility, is at its lowest since March 2008 while continued claims
are at their lowest since July 2008.
A report from HSBC showed China's manufacturing sector growing
at its fastest rate in two years. That comes as a bullish signal for the
world's second-biggest economy.
"Despite the still tepid external demand, the domestic-driven
restocking process is likely to add steam to China's ongoing
recovery in the coming months," Hongbin Qu, the bank's chief
economist for China wrote in the report.
Oil futures edged up. The benchmark contract climbed 72 cents, or
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1/24/13

S&P Narrowly Posts Longest Win Streak in 6 Years; Apple Rots | Fox Business

0.76%, to $95.96 a barrel. Wholesale New York Harbor gasoline


jumped 1% to $2.863 a gallon. In metals, gold dropped $16.80, or
1%, to $1,669 a troy ounce.
Foreign Markets
The Euro Stoxx 50 climbed 0.54% to 2723, the English FTSE 100
rallied 1.1% to 6265 and the German DAX rose 0.53% to 7748.
In Asia, the Japanese Nikkei 225 rallied 1.3% to 10621 and the
Chinese Hang Seng fell 0.15% to 23599.

Follow Adam Samson on Twitter @adamsamson.


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1/25/13

Up, Up and Away: S&P Hits Fresh '07 High in 8-Day Run | Fox Business
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Up, Up and Away: S&P Hits Fresh '07 High


in 8-Day Run
By Adam Samson

Pub lished January 25, 2013

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The S&P 500 continued its steady march higher Friday, closing in

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the green for the eighth day in a row in its longest winning streak in
more than eight years as traders cheered corporate earnings.

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THE PROCTER ...

MSFT
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4 Italy's crisis-hit Monte dei Paschi: half a
millennium in banking
Tax Effi cient Investm ents to Offs et Higher
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Average rose 70.5 points, or 0.51%, to 13896, the S&P 500

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HALLIBURTON ...

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HAL

1 Ex x on ov ertake s Apple in
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39.72
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73.25
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climbed 8.1 points, or 0.54%, to 1503 and the Nasdaq Composite


advanced 19.3 points, or 0.62%, to 3150.

INVESTING

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Not even Apple (AAPL ) could halt Wall Street's New Year's rally.
The Dow and S&P 500 are both trading at their highest levels since
2007, before the financial crisis roiled the markets. The blue-chip

27.88

average is also having its best start to the year since 1987.

+0.25

439.88
-10.62

Sentiment got another lift on Friday after Procter & Gamble (PG)
unveiled quarterly earnings and sales that easily beat expectations.
The blue-chip consumer products company also lifted its full-year
outlook. Halliburton (HAL ), one of the world's biggest oilfieldservicing companies, also posted stronger-than-expected results on

www.foxbusiness.com/markets/2013/01/25/up-up-and-away-sp-hits-fresh-07-high-in-8-day-run/

Tempur-Pedic Beats Estimates


Tur ning on Capital Spigots in the Water Wor ld
Wall Str eet Str ategis ts ' Outlook for 2013

RECENT QUOTES

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FOX 50 INDEX

+0.46%
Today

1,082.54
4:20 PM

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1/25/13
RELATED VIDEO

Up, Up and Away: S&P Hits Fresh '07 High in 8-Day Run | Fox Business

the top and bottom lines.

GS

GOLDMAN SACHS...

Still, Microsoft (MSFT) posted mixed results after the close on


Thursday. Its profits beat forecasts, but sales came in slightly shy.
Donahue: Regulations
Would Kill Money Market
Funds

Then in Europe, a closely-watched survey from the Ifo Institute


showed business sentiment in Germany rising for the third month in
a row in January. The data suggest that Europe's biggest economy

MSFT

-0.34%
Today

+0.90%

MICROSOFT COR...

Today

GOOG

-0.02%

GOOGLE INC.

XOM

EXXONMOBIL CO...

Today

+0.42%
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144.46
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27.88
4:00 PM

753.67
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91.73
4:00 PM

could be picking up steam even as neighbors are still reeling from


the impact of the continent's debt crisis.
Grading Tim Geithner

"The IFO suggests the German economy is improving more quickly


than the rest of the region, and in stark contrast to the information
available for other core countries such as France, where survey data
for January have weakened and surprised to the downside,"

Ezrati: Housing Recovery


Unsustainably Str ong

analysts at Nomura wrote in a note to clients.


Indeed, data released Friday showed the U.K. economy contracted
by 0.3% in the fourth quarter, a steeper decline than the 0.1%
economists expected.
Meanwhile, sales of new U.S. single-family homes fell 7.3% in
December to a 369,000-unit annualized rate, less than the 385,000unit rate analysts were expecting.
Oil prices ticked lower. The benchmark contract climbed 7 cents, or
0.07%, to $95.88 a barrel. Wholesale New York harbor gasoline
rose 0.44% to $2.875 a gallon. In metals, gold fell $13.30, or 0.8%,
to $1,657 a troy ounce.
Foreign Markets
The Euro Stoxx 50 climbed 0.78% to 2744, the English FTSE 100
rose 0.31% to 6228 and the German DAX rallied 1.4% to 7858.
In Asia, the Japanese Nikkei 225 surged 2.9% to 10927 and the
Chinese Hang Seng fell 0.08% to 23580.

Follow Adam Samson on Twitter @adamsamson.


FROM AROUND THE WEB
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Sophis ticated Inves tor s Mak e With Their 401(k )s
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1/29/13

Dow, S&P 500 nearing all-time highs - Jan. 29, 2013

Dow, S&P 500 nearing all-time highs


By Maureen Farrell @CNNMoneyInvest January 29, 2013: 4:18 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Stocks closed higher Tuesday, pushing the Dow and the S&P 500 closer to new all-time highs.
The Dow Jones Industrial Average gained 0.5% to end at 13,954. The S&P 500 added 0.5%, closing at 1508.
The Dow and S&P closed at all-time highs of 14,164 and 1,565 in October 2007.
Tech stocks weighed on the Nasdaq, which closed flat.
Home prices helped lift the S&P and Dow after a report showed home prices posted their biggest jump in 6 years, Shares of
homebuilder DR Horton ( DHI) was one of the top gainers on the S&P 500, jumping more than 10% after the company more
than doubled its quarterly profit.
Shares of Pfizer ( PFE, Fortune 500) led the Dow's gains, following the drugmaker's better-than-expected quarterly results.
Shares of rival Eli Lilly and Co ( LLY, Fortune 500) also rallied after the company beat quarterly earnings and sales forecasts.
Still, consumer confidence weighed on stocks. The Conference Board's monthly Consumer Confidence Index came in far below
forecasts.
Ford ( F, Fortune 500) was a major drag on the broader market. The car company posted higher fourth-quarter income and
sales, boosted by strong results in North America. But worse-than-expected weakness from Europe weighed on Ford's shares,
which slid 5%.
Related: Apple dragging down hedge funds

Shares of Apple (

AAPL, Fortune 500)gained nearly 2%, after the company announced a new iPad with more storage.

Glass maker Owens Corning (

OC, Fortune 500) also got a big boost after delivering earnings and sales ahead of forecasts.

On the downside, shares of data storage equipment maker EMC (


outlook fell short of estimates.

EMC, Fortune 500) plunged after the company's earnings

Yahoo ( YHOO, Fortune 500) shares faltered, day after CEO Marissa Mayer called the company's turnaround "a multi-year
march towards growth" as Yahoo posted earnings that beat expectations.

money.cnn.com/2013/01/29/investing/stocks-markets/index.html?iid=HP_LN

1/2

1/29/13

Dow, S&P 500 nearing all-time highs - Jan. 29, 2013

Shares of VMWare (
restructuring.

VMW) dropped more than 20% after the company lowered its 2013 guidance and announced a strategic

Shares of Amazon.com ( AMZN, Fortune 500) rose after hours even though the company missed analyst forecasts and issued
lowered guidance for 2013.
Research in Motion ( RIMM) dropped more than 7% one day before the company plans to release a new Blackberry 10.
Facebook ( FB) will release earnings after the bell Wednesday, and its stock dropped more than 5%. Shares of Groupon
( GRPN) also fell nearly 3%.
Tuesday also marks the start of the Federal Reserve's first monetary policy meeting of the year. At the conclusion of the two-day
meeting Wednesday afternoon, investors will look for clues from the central bank's statement for when the bond buying
program could end.
Related: Fear & Greed Index hitting extreme greed

European markets closed up between 0.1% and 0.8%. Asian markets ended mixed, as Hong Kong's Hang Seng edged lower while
the Shanghai Composite and Japan's Nikkei both posted gains of about 0.3%.
The dollar declined versus the euro and the British pound, but gained ground against the Japanese yen.
Oil prices dipped, while gold prices rose slightly.
The price of the 10-year Treasury rose to 1.99%, a day after breaching the key 2% mark for the first time since April 2012.

First Published: January 29, 2013: 9:51 AM ET

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2/2

1/31/13

What's behind the bull market - Jan. 31, 2013

WHAT'S NEXT

What's behind the bull market


By Ben Rooney @CNNMoneyInvest January 31, 2013: 5:04 AM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks are flirting with all-time highs, climbing to levels not seen since before the financial crisis.
The Dow Jones industrial average is hovering just below 14,000. The S&P 500 recently broke above 1,500 and is inching closer
to a new record. Both indexes have risen to their highest levels since October 2007.
But stock prices cannot go up forever, and some analysts warn that the bull market is nearing an end, just as many individual
investors are returning to the market.
"The market environment is likely to get tougher in February and March as investors wrestle with the impact of fiscal tightening
on the economy," said Russ Koesterich, BlackRock's global chief investment strategist.
What's behind the rally
There are a number of factors at play, including signs of improvement in Europe and sustained growth in China. But analysts say
the Federal Reserve's stimulus moves have been the main driver.
The current bull market dates back to March 2009, but the rally really gained momentum after the Fed launched its second
round of quantitative easing, or QE2, in 2010.
The bond-buying strategy, now in its third iteration, has coincided with a broad improvement in economic data and record
profits for U.S. corporations.
But the rally is as much about what did not happen as what did.
The U.S. economy did not fall off the fiscal cliff, and lawmakers have delayed a showdown over the debt ceiling until mid-May.
The eurozone did not collapse under the weight of its crushing debt, thanks largely to aggressive moves by the European Central
Bank.
And the Chinese economy appears headed for a soft landing, easing worries about demand in the world's second largest
economy.
"Together, these things basically assured a risk-on rally," said Quincy Krosby, market strategist with Prudential Financial.

money.cnn.com/2013/01/31/investing/stocks-bull-market/index.html?iid=HP_LN

1/2

1/31/13

What's behind the bull market - Jan. 31, 2013

Related: Buy, sell or hold? What do with some of the hottest and coldest stocks

Investors were also drawn back into the market by attractive valuations, which is a fancy way of saying stocks are cheap.
Since the market bottomed in 2009, many large investors have been scooping up shares of companies that were beaten down in
2008. Many bank stocks, for example, were trading well below book value, which is the theoretical price their assets are worth
minus their liabilities.
Bank of America ( BAC, Fortune 500) more than doubled in price last year as investors flocked to shares of companies in the
financial services sector. JPMorgan Chase ( JPM, Fortune 500), Goldman Sachs ( GS, Fortune 500) and Morgan Stanley
( MS, Fortune 500) also bounced back.
Is now the time for investors to jump in?
The good news is that stocks still seem relatively attractive. The stocks in the S&P 500 are trading at roughly 14 times expected
earnings for this year, which is reasonable.
But the trends that have supported stocks up until now are changing, and investors should be prepared to play defense, said
Doug Cote, chief market strategist at ING Investment Management.
Cote pointed to corporate earnings, the life blood of stock returns, which are not growing as much as they had been.
At the same time, the latest economic data have been mixed, including a disappointing report on fourth-quarter GDP released
Wednesday.
In a counter-intuitive twist, the weak GDP report could end up boosting stocks in the short term, since many investors believe it
will lead to more Fed stimulus, said Krosby.
Wednesday afternoon, the Fed confirmed that it will continue its bond buying program. Still, it remains to be seen how the
market will fare once the central bank stops buying bonds.
Meanwhile, after shunning stocks for the past few years, individual investors have started stepping back in.
"People are panicking that they missed the bull market and they're going to get in come hell or high water," said Cote. "But this is
not a good time, the party is starting to be over."
Cote said the increased participation by individual investors is "a good thing," since they had been underexposed. But he warned
that the market could be headed for a pullback.
"I think this thing comes back to Earth a lot faster than it went up," he said.

First Published: January 31, 2013: 5:04 AM ET

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Dow Surges 5.8% in Best January Since '94


By Adam Samson

Pub lished January 31, 2013

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FOX Business: Capitalism Lives Here

Pr int
Em ail

Wall Street kicked off the new year in rally mode, with stocks roaring

Shar e

higher as traders cheered a temporary solution to the fiscal cliff

0 Com m ents

debacle and generally upbeat corporate earnings. The Dow posted

Like
Tw eet

its best January on a percent basis in close to two decades.

2
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Shar e

The Dow Jones Industrial Average fell 49.8 points, or 0.36%, to


13861, the S&P 500 declined 3.9 points, or 0.26%, to 1498 and the

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Nasdaq Composite dipped 0.18 point, or 0.01%, to 3142.


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The Dow has surged 5.8% this year, while the S&P 500 has rallied
5%. It was the best start of a year since 1994 for the Dow and 1997

INVESTING

Mor e Stor ies

for the broader S&P. Both indexes are within striking distance of
their record highs. However, while Wall Street has celebrated, this
week's batch of economic data has been lackluster.
The economy unexpectedly contracted slightly in the fourth quarter
for the first time since 2009, and the Federal Reserve noted in its

Bob Doll on the Sectors, Stocks to


Boost Investors Portfolios

policy decision Wednesday that the economy had "paused"

Analys ts Give Facebook a Mixed Review

recently. Economists broadly expect the growth rate to pick up again

Flor ida Robo-Signing Fir m Agr ees to $121M


Settlem ent

in the current quarter, but the reports still speak to the fragility of the
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Dow Surges 5.8% in Best January Since '94 | Fox Business

world's leading economy. At the same time, a report from payroll


processor ADP showed the private sector adding considerably
more jobs than expected in January.
"Economic activity numbers are providing reasons for both hope
and caution," analysts at Barclays wrote in a note to clients.
New data released on Thursday were mixed.

RECENT QUOTES

FOX50

-0.45%

FOX 50 INDEX

Today

GS

+0.48%

GOLDMAN SACHS...

MSFT

outpacing estimates of an 0.8% gain. The increase was the largest

-1.44%

MICROSOFT COR...

Today

GOOG

+0.25%

GOOGLE INC.

U.S. personal income rose 2.6% in December from November,

Today

XOM

EXXONMOBIL CO...

Today

-0.77%
Today

1,079.40
5:32 PM

147.86
4:00 PM

27.45
4:00 PM

755.69
4:00 PM

89.97
4:00 PM

since December 2004, with the U.S. Commerce Department


attributing the rise to special dividends and bonus payments in
anticipation of tax changes. U.S. consumer spending rose 0.2%,
slightly shy of the 0.3% expected.
The Labor Department said new claims for unemployment benefits
rose to 368,000 last week from 330,000 the week prior. Claims
were expected to rise to 350,000.
The manufacturing sector in the U.S. Midwest picked up steam in
January. The Institute for Supply-Management-Chicago's PMI gauge
jumped to 55.6 from 50, easily beating expectations of 50.5. The
more closely-watched national ISM report is slated for release on
Friday. Also Friday, will be the all-important monthly employment
report from the Labor Department.
In corporate news, United Parcel Service (UPS) posted an
adjusted quarterly profit that missed expectations, but the economic
bellwether's revenues topped expectations.
Energy futures were broadly lower. The benchmark U.S. oil contract
fell 20 cents, or 0.2%, to $97.74 a barrel. Wholesale New York
Harbor gasoline dipped 0.5% to $3.024 a gallon. In metals, gold
dipped $8.10, or 0.49%, to $1,674 a troy ounce.
Foreign Markets
The Euro Stoxx 50 slumped 0.73% to 2712, the English FTSE 100
dipped 0.49% to 6293 and the German DAX slipped 0.32% to
7788.
In Asia, the Japanese Nikkei 225 rose 0.22% to 11139 and the
Chinese Hang Seng fell 0.39% to 23730.

Follow Adam Samson on Twitter @adamsamson.


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Dow Surges 5.8% in Best January Since '94 | Fox Business

9 Wor s t Reces s ion Ghos t Tow ns in Am er ica (The Fiscal


Times)
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The Willis Repor t
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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2/1/13

Dow tops 14,000 - Feb. 1, 2013

Dow tops 14,000


By Hibah Yousuf @CNNMoneyInvest February 1, 2013: 4:28 PM ET

NEW YORK (CNNMoney)

U.S. stocks rallied Friday, with the Dow closing above 14,000 for the fist time since October 2007, as investors welcomed a
batch of strong economic data.
The Dow Jones industrial average jumped more than 149 points, or 1.1%, to hit 14,009.8, its highest closing level since Oct. 12,
2007. The Dow is now less than 200 points from its all-time high of 14,198.10.
The S&P 500 rose 1% and is also at its highest level since 2007 -- about 4% away from its record high. The Nasdaq gained 1.2%.
Despite the day's big gains, stocks ended modestly higher for the week. The Dow gained 0.8%, the S&P 500 increased 0.6% and
the Nasdaq climbed 0.9%.
Friday's strong advance followed reports on the job market, the manufacturing sector, construction spending and consumer
sentiment, which all pointed to a healthy economic recovery.
Related: What's behind the bull market

The U.S. economy added 157,000 jobs last month, fewer than the 180,000 economists were expecting, but investors were
encouraged by the government's revisions to its 2012 data. The revisions showed that the economy added 335,000 more jobs in
2012 than originally reported.
"The revisions point to a fairly healthy 181,000 per month trend in 2012, which is more than strong enough over time to bring
down the unemployment rate," said Jim O'Sullivan, chief U.S. economist at High Frequency Economics.
In January, however, the unemployment rate ticked up slightly to 7.9% from 7.8% in December. Economists were expecting it to
edge lower.
The stalled unemployment rate is "giving strength to the argument that the Fed will continue its bond buying program and keep
rates low, which is also a positive for the stock market," said Tom Schrader, managing director at Stifel Nicolaus.
The Fed's commitment to low rates is also boosting the bond market, added Schrader. The price of the 10-year Treasury rose,
pushing the yield to 1.96%, down from 1.98% late Thursday.
Meanwhile, the Census Bureau said that construction spending rose 0.9% in December, which was well above expectations.
The Institute for Supply Management's monthly manufacturing index rose to 53.1 in January, a sign that manufacturing sector
is continuing to expand. Economists were expecting a reading of 50.5.
money.cnn.com/2013/02/01/investing/stocks-markets/index.html?iid=HP_LN

1/2

2/1/13

Dow tops 14,000 - Feb. 1, 2013

The University of Michigan's sentiment index rose to 73.8 in January. Economists were expecting a reading of 71.4.
Related: Fear & Greed index ticks lower, but still in extreme greed

In corporate news, Exxon Mobil ( XOM, Fortune 500) reported better-than-expected earnings and revenue, but the company's
energy production levels declined. Shares rose slightly.
Merck (
2013.

MRK, Fortune 500) shares declined after the company topped earnings expectations but gave a cautious outlook for

Shares of toy maker Mattel ( MAT, Fortune 500) edged higher after the company said it is raising prices globally. Mattel is
making the move after it missed earnings and sales forecast for the fourth quarter, which includes the holiday shopping period.
The company, which is behind brands like Hot Wheels and Fisher-Price, said sales of Barbie brand products slipped 4% last
quarter.
Dell ( DELL, Fortune 500) shares climbed almost 5% after a Reuters report said the PC maker is nearing a deal to go private as
early as Monday.
Zoetis ( ZTS), an animal-health company owned by drug giant Pfizer ( PFE, Fortune 500), raised $2.2 billion in its initial
public offering late Thursday, with shares pricing at $26 each, well above the target range. Shares jumped 20% on the first day of
trading. Zoetis' IPO is the largest since Facebook Inc raised $16 billion last May.
Google (

GOOG, Fortune 500) shares rose more than 2%, hitting an all-time high of $776.60.

European markets ended solidly higher. Asian markets were mostly firmer, led by gains in Shanghai, which shrugged off the
mixed news about China's manufacturing sector. Two separate purchasing managers' surveys on China showed manufacturing
activity continued to expand in January, but painted a mixed picture on the pace of recovery.
The dollar rose against the British pound and Japanese yen, but edged lower versus the euro.
Oil and gold prices rose modestly.

First Published: February 1, 2013: 9:53 AM ET

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Dow 14000: Crucial Milestone or Just Another Number? | Fox Business


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Another Number?
By Matt Egan

Pub lished Feb ruary 01, 2013

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TRENDING IN INVESTING

Its taken nearly 2,000 days and countless migraines, but the Dow

Pr int

Industrials have finally recaptured the 14000 threshold.

Em ail
Shar e
Like

The achievement was met with muted fanfare on Wall Street and
among ordinary investors amid continued evidence the real

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economy remains decidedly sluggish.

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Clients as 'Aggressiv e' Inv estors

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recent optimism may be overdone.

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APPLE INC....

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1

another crucial catalyst to lure retail investors back into the equity

AAPL

1 Dow 14K: Mile stone or Just


Anothe r Num be r?

Big, bold milestones can be especially helpful in reassuring nervous


investors who finally appear to be dipping their toes back into the
water. According to the Investment Company Institute, U.S. equity
mutual funds are set for their first positive month of fund flows since
April 2011.

Mor e

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...
Pow ered by

from Wall Street Words.

Its one of those odd ball things about human nature: people like
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confirmation, said Colas.

Mar k et Check

The Return of the Retail Investor?


For now, the bulls are clearly winning the tug of war.
The 14000 mark came on Friday during
an emphatic triple-digit rally and just
hours after Wall Street put the finishing
touches on a month that saw the Dow
soar 756 points, or 5.77%, -- its
strongest January since 1994.
I think it holds some importance from a
psychological standpoint. I think youre
really going to see the retail investor

"People on the
sidelines are going
to be concerned
theyre not
participating in the
wealth creation
thats going on.

Dow Closes Above 14K for First


Time Since Oct. 2007
Dow Sitting on 14000
BofA Online Bank ing Unavailable Due to
'Technical Is s ues '
Dow Touches 14K for Fir s t Tim e Since '07

- Jason Weisb erg of Seaport


Securities

rotate out of bond funds and into equity


funds, said Luke Aucoin, chief operating officer and portfolio
manager at Vista Research and Management.
After an eye-popping $80 billion evaporated from U.S. equity mutual
funds during the final four months of 2012 alone, ICI said just $1.5
billion left in the week ending January 2 and then investors actually
poured a combined $16.1 billion into funds in the next three weeks.
With interest rates remaining at zero percent, people on the
sidelines are going to be concerned theyre not participating in the
wealth creation thats going on, said Jason Weisberg, senior vice
president at Seaport Securities.
What Bad News?
Interestingly, the rally on Wall Street has occurred in spite of a
number of significant headwinds.
For example, its ironic the Dow would clinch 14000 during the
same week that new data reveal the U.S. economy unexpectedly
contracted during the fourth quarter -- the first such shrinkage since
the second quarter of 2009.
Likewise, the Labor Department said Friday the U.S. added a
mediocre 157,000 jobs in January and the unemployment rate
actually ticked up to 7.9% from 7.8%.
Nobody is selling the bad news. They are looking for any excuse
they can find to buy the good news, said Aucoin, pointing to the
new normal of unemployment above 8%. Ten years ago wed all
be panicking.
Stock prices also continue to climb despite the absence of Apple
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Dow 14000: Crucial Milestone or Just Another Number? | Fox Business

(AAPL ), a stock that some bears feared was artificially propping up


the entire market. Since topping out at $705 on September 21,
Apple has plummeted a hefty 35%. During that time, the S&P 500,
which gives Apple a hefty weighting of 3.6%, has actually rallied
3.6% to levels unseen in five years.
If Apple starts to participate with the rest of this rally, were going to
go a lot higher. No one is talking about that, said Weisberg, who
holds a long position in Apple.
Sell Signal?
Of course, there is a risk that at some point the newfound
enthusiasm for stocks can become overdone, setting up the
investors who finally had the courage to jump back in for a painful
correction.
I think theres still some room, said Aucoin. The market is not
overly expensive. Were far from being frothy, overbought and
overvalued.
Others believe the recent surge of equity inflows could be a bearish
sign, especially since ordinary investors tend to lag behind so-called
smart money.
In a note to clients on Friday, Bank of America Merrill Lynch (BAC)
strategist Michael Hartnett said EPFR data showing equity inflows
of $18.8 billion this week triggers a sell signal from our contrarian
global flow trading rule.
Hartnett said the last sell signal back in January 2011 was followed
by an 8% correction a few weeks later. On average, the signal
precedes a 5% correction in global equities over the subsequent
four to five weeks, he said.
Colas said hes been concerned by the lack of volatility during the
current rally, which he described as a very much a slow, grinding
move higher.
It seems like weve really put on the backburner or taken off the
stove completely all the worries we know still exist, said Colas,
pointing to the negative GDP reading and looming deficit hurdles in
Washington.
Middle Ground
Bruce McCain, who helps manage more than $20 billion as chief
investment strategist at KeyCorp.s (KEY) Key Private Bank, is also
preaching caution amid Dow 14000.

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Dow 14000: Crucial Milestone or Just Another Number? | Fox Business

Its probably just another number but in some ways we seem to


reach these thresholds when we also reach periods of very high
optimism among investors, he said.
While recent economic reports signal progress, McCain said they
also back up the case that were not setting any land speed records
for economic growth either.
McCain isnt necessarily worried about a steep decline in equities
and still believes the market can achieve an annual return of around
10% to 11%.
With sentiment running high, investors who can afford to be a little
more patient by adding equities in a measured way will be
rewarded over the course of the full year, he said. This could turn
into a very good year but its probably not going to do it all in
February.

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Dow 14K: Milestone or Just


Another Number?

Manitowoc CEO: Strength in 4Q Was in


Americas

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milestone will lure retail investors back,
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Manitowoc CEO Glen Tellock on the company's


fourth-quarter results and the outlook for its
crane and food-service businesses.

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5/5

2/4/13

The Hindu : Business / Markets : Sensex gains over 121 points in early trade

Business Markets
Published: February 4, 2013 10:04 IST | Updated: February 4, 2013 10:04 IST

Sensex gains over 121 points in early trade


PTI

The BSE benchmark Sensex gained over 121 points in early trade on Monday on emergence of buying by funds and
retailers amid a firming Asian trend.
The 30-share barometer gained 121.41 points, or 0.61 per cent, to 19,902.60. The index had lost almost 224 points in
the previous two sessions.
All sectoral indices, led by auto and banking, trading in the positive zone with a gains up to 0.90 per cent.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 39.60 points, or 0.66 per cent, to
6,038.50.
Brokers said a firming trend in the Asian region after US stocks rose to five-year high on Friday on upbeat jobs and
manufacturing data, mainly buoyed the trading sentiments.
Meanwhile, in Asia, Hong Kongs Hang Seng index rose by 0.53 per cent, while Japans Nikkei up by 0.81 per cent in
early trade. The US Dow Jones Industrial Average ended 1.08 per cent higher in previous session on Friday.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
Printable v ersion | Feb 4 , 2 01 3 9:4 7 :4 5 PM | http://www.thehindu.com /business/m arkets/sensex-gains-ov er-1 2 1 -points-in-early -trade/article4 3 7 7 3 84 .ece
The Hindu

www.thehindu.com/business/markets/sensex-gains-over-121-points-in-early-trade/article4377384.ece?css=print

1/1

2/8/13

S&P, Nasdaq log sixth straight weekly gain - Feb. 8, 2013

S&P, Nasdaq log sixth straight weekly gain


By Maureen Farrell @CNNMoneyInvest February 8, 2013: 4:06 PM ET

Click chart for more market data.

NEW YORK (CNNMoney)

Some better-than-expected earnings reports helped pushed markets higher Friday.


After a somewhat bumpy week, both the Nasdaq and S&P 500 logged their sixth straight week of gains. The Dow closed down
slightly after topping the 14,000 hurdle a week ago.
The Dow Jones industrial average and the S&P 500 both rose between 0.3% and 0.5% Friday.
The Nasdaq jumped nearly 1% as investors liked what they saw from AOL and LinkedIn.
Markets have had a good run so far this year. The Dow and S&P 500 are both up nearly 7% and near their all-time highs, while
the Nasdaq has gained nearly 6%.
AOL ( AOL) shares surged 7%, after the web portal reported revenue growth for the first time in eight years. Fourth quarter
profits were in line with expectations.
Shares of LinkedIn ( LNKD) hit an all-time high, one day after the company reported a spike in membership. The online
network targeted to professionals handily beat earnings and revenue estimates for the fourth quarter.
Apple ( AAPL, Fortune 500) closed up 1.4% after the company said it would consider additional ways to return cash to
shareholders.
Related: Einhorn to Apple: Give us more cash!

Shares of credit ratings agency Moody's ( MCO) fell 8% on worries that the government might sue the firm over its ratings of
mortgage securities. Shares of Moody's and of McGraw Hill, the parent company of its rival Standard & Poor's, have dropped
precipitously this week. On Friday, McGraw-Hill's ( MHP, Fortune 500) stock dropped another 3%.
Coinstar's (

CSTR) stock tumbled 7%, after the company issued a weak outlook for the first quarter.

In economic news, the trade deficit shrank in December to $38.5 billion, down from $48.6 billion the previous month, according
to the U.S. Department of Commerce.
Wholesale inventories for December dropped 0.1% compared to expectations that those inventories would rise 0.3%. Still that

money.cnn.com/2013/02/08/investing/stocks-markets/index.html?iid=HP_LN

1/2

2/8/13

S&P, Nasdaq log sixth straight weekly gain - Feb. 8, 2013

negative economic report did little to dampen investors' appetite for buying stocks.
European markets closed up between 0.5% and 1.4%, after European Union leaders agreed on a budget deal. An EU Council
spokeswoman told CNN the deal was reached after marathon meetings in Brussels, Belgium.
Healthy growth in Chinese imports and exports last month also helped give global markets as lift, even as price pressures
subsided.
Related: Fear & Greed Index hovers at "extreme greed"

Asian markets ended mixed. Japan's Nikkei lost 1.8%, amid worries voiced by Japanese Finance Minister Taro Aso that the yen
has weakened more than the government had hoped. Hong Kong's Hang Seng added 0.2% and the Shanghai Composite
increased 0.6% in the final day of trading before an extended Chinese New Year holiday.
Oil and gold prices rose slightly.
The yield on the 10-year Treasury note dropped slightly to 1.96%.
The U.S. dollar moved slightly higher against the euro, but lost ground against the British pound and the Japanese yen.

First Published: February 8, 2013: 9:50 AM ET

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2/2

2/12/13

The Hindu : Business / Markets : Sensex jumps 100 points

Business Markets
Published: February 12, 2013 18:16 IST | Updated: February 12, 2013 23:20 IST

Sensex jumps 100 points


Special Correspondent

Shrugging off poor IIP and inflation numbers, the BSE benchmark index Sensex rose by over 100 points to snap its
eight-day losing streak, on value-buying in ONGC, HDFC Bank, Tata Motors and RIL scrips.
The 30-share index gained 100.47 pointsto end the day at 19561.04. The broad-based National Stock Exchange index,
Nifty, rose by 24.65 points to close at 5,922.50.

PTI adds:
Rupee recovers
After falling to a three-week low of 54.07, the rupee wiped out losses to end stable at 53.85, snapping a fourday
losing trend.
MCX Stock Exchange
The traded value of shares was Rs. 20.99 crore on the MCX stock exchange on Tuesday. On the equity front a total of
10,526 shares changed hands while stock futures witnessed a volume of 891 contracts. Reliance was the most active
share on the equity front registering a volume of 2,951 shares.
Keywords: stocks close, BSE, sensex
Printable v ersion | Feb 1 3 , 2 01 3 6:05:57 AM | http://www.thehindu.com /business/m arkets/sensex-jum ps-1 00-points/article4 4 07 7 3 9.ece
The Hindu

www.thehindu.com/business/markets/sensex-jumps-100-points/article4407739.ece?css=print

1/1

2/12/13

Dow: Less than 200 points from all-time high - Feb. 12, 2013

Dow: Less than 200 points from all-time high


By Hibah Yousuf @CNNMoneyInvest February 12, 2013: 4:28 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks finished mixed Tuesday, as investors digested another round of earnings reports and looked ahead to President
Obama's State of the Union address in the evening. But the day's modest moves were enough to push the Dow within striking
distance of its record intraday high.
The Dow Jones industrial average rose 0.3% to close at 14,018.70, just 179 points, or 1.3% short of its all-time high reached in
October 2007. The S&P 500 edged up 0.2%, ending at its highest level since November 2007. The broad index is 57 points, or
3.6% from its record intraday high hit in October 2007.
The tech-heavy Nasdaq shed 0.2%.
With stocks near their highest levels ever, investors aren't willing to place any big bets, especially amid a light economic
calendar and as earnings season winds down. Year-to-date, the Dow and S&P 500 are both up nearly 7%, while the Nasdaq has
gained nearly 6%.
"We've had a very strong start to the year, and now investors are starting to wonder if we're due for the kind of pullback we've
seen the last few years," said Micheal Sheldon, chief market strategist at RDM Financial Group.
Related: Stocks we love

On the corporate front, Avon Products ( AVP, Fortune 500) shares jumped 20%, leading the gains on the S&P 500, after the
beautify and personal products company posted better-than-expected earnings.
Fossil ( FOSL) shares climbed almost 3%, making it among the biggest gainers on the Nasdaq 100, after the retailer beat
earnings and revenue forecasts, thanks to strong watch demand.
Barclays posted a drop in profit and announced that it is cutting 3,700 jobs. Shares of the British bank spiked 9%.
Shares of McGraw-Hill ( MHP, Fortune 500), the owner of rating agency Standard & Poor's, edged lower after the company
reported a rise in revenue and logged quarterly earnings per share that were in line with expectations.
Meanwhile, Coca-Cola ( KO, Fortune 500) declined after reporting earnings that slightly topped expectations, while Michael
Kors ( KORS) shares jumped 9% after delivering results that blew past forecasts.

money.cnn.com/2013/02/12/investing/stocks-markets/index.html?iid=HP_LN

1/2

2/12/13

Dow: Less than 200 points from all-time high - Feb. 12, 2013

Apple ( AAPL, Fortune 500) shares slipped after CEO Tim Cook slammed activist shareholder David Einhorn, calling the
hedge fund manager's lawsuit asking Apple to change its plans on preferred stock a "silly sideshow." Though Cook dismissed the
lawsuit, Apple is considering Einhorn's proposal.
Related: M&A making a comeback

In economic news, the Treasury Department posted a budget surplus of almost $2.9 billion for January. Economists were
expecting a $2 billino deficit for the month.
Later Tuesday, President Obama will deliver the first State of the Union address of his second term. He is expected to focus on
the economy , jobs and the budget, while also speaking about gun control and immigration.
Fear & Greed Index still registering "extreme greed"

Overseas, G-7 finance ministers reaffirmed their commitment to have "market determined exchange rates" early Tuesday. The
statement also mentioned having each countries' fiscal and monetary policy focus on domestic issues and "not target exchange
rates."
The statement comes amid growing concern that the economic policies of Japanese Prime Minister Sinzo Abe are aimed at
spurring economic growth by driving the value of the yen lower in order to boost exports income. Japan is one of the members of
the G-7.
European markets finished higher, as did Asian markets. Japan's Nikkei ended up 1.9% after favorable monetary policy
comments from contenders to be the next Bank of Japan governor.
Meanwhile, South Korea's KOSPI reversed early gains to close down 0.3%, after North Korea conducted an underground
nuclear test. International institutions and governments were quick to condemn the test, but market reaction was muted.
Exchanges in Hong Kong and Shanghai were closed for the Lunar New Year holiday.
The dollar was lower versus the euro and the Japanese yen, but gained ground versus the British pound.
Oil and gold prices rose slightly.
The price on the 10-year Treasury note declined, sending the yield up to 1.98% from 1.95% late Monday.

First Published: February 12, 2013: 9:36 AM ET

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2/12/13

Dow Outpaces Broad Markets, Reclaims 14K | Fox Business


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14K
By Adam Samson

Pub lished Feb ruary 12, 2013

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Pr int
Em ail

The Dow Industrials led the way higher Tuesday, with blue chips like

Shar e

Bank of America, Alcoa and Hewlett-Packard posting solid gains.

0 Com m ents
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The Dow Jones Industrial Average rose 47.5 points, or 0.34%, to


14019, the S&P 500 gained 2.4 points, or 0.16%, to 1519 and the
Nasdaq Composite fell 5.5 points, or 0.17%, to 3186.
Out of the Dow components Coca-Cola (KO) and Cisco (CSCO)
posted the worst performance by a wide margin. Bank of America
(BAC), Hewlett-Packard (HPQ), Alcoa (AA) and Home Depot

[?]

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5

Report: A.C.'s Revel Casino Explores


Bankruptc y

(HD) performed the best.


There was no shortage of news stories for traders across the globe
to consider on the day.

See all tr ends

INVESTING

Mor e Stor ies

On the corporate front, Coca-Cola revealed adjusted quarterly


profits that beat Wall Street's expectations. However, the blue-chip
soda company's revenues came in shy of estimates. McGraw Hill
(MHP) also posted mixed results, with profits topping expectations
www.foxbusiness.com/markets/2013/02/12/dow-outpaces-broad-markets-reclaims-14k/

Russian Bonds a Buy for


Investors?
1/4

2/12/13

Dow Outpaces Broad Markets, Reclaims 14K | Fox Business

and sales missing.

RELATED STOCKS

HPQ
HEWLETT-PACK...

CSCO
CISCO SYSTEM...

BAC
BANK OF AMER...

UNH
UNITEDHEALTH...

HD
THE HOME DEP...

17.10

Meanwhile, Barclays (BCS) revealed plans to slice 3,700 jobs as

+0.27

part of a plan aimed at shaving roughly $2.6 billion a year in costs.

20.97
-0.30

The British investment bank is still reeling from a scandal in which it


is accused of rigging Libor, a global benchmark interest rate.

12.24

On the political front, the Group of Seven industrialized nations

+0.38

reaffirmed its "longstanding commitment to market determined

57.01
-0.11

67.32
+0.94

exchange rates." Since exchange rates directly impact the


competitiveness of exports, there have been fears brewing of a
global currency war in which certain countries would look to devalue
currencies in hopes of boosting exports. Indeed, China has long
been accused of keeping its yuan undervalued.

State of the Union Often Elicits Yaw n fr om Wall


Str eet
For Inves tor s , Obam a's Tone Mor e Im por tant
Than Subs tance

RECENT QUOTES

FOX50

+0.13%

FOX 50 INDEX

Today

GS

+1.23%

GOLDMAN SACHS...

MSFT

37.56

THE COCA COL...

-1.05

AA

9.03

ALCOA INC....

+0.16

+0.07%

MICROSOFT COR...

Today

GOOG

-0.22%

GOOGLE INC.

XOM

EXXONMOBIL CO...

KO

Today

Today

+0.20%
Today

1,094.34
5:28 PM

154.11
4:03 PM

27.88
4:00 PM

780.70
4:00 PM

88.46
4:02 PM

North Korea conducted a third nuclear test, igniting a hailstorm of


international condemnation. Global markets, including those in Asia,
shrugged the move off.
"Pyongyang had been warning since mid-January that it would

BCS
BARCLAYS PLC...

MHP
MCGRAW-HILL ...

20.55
+1.72

44.03
-0.25

conduct such a test," Alastair Newton, an analyst at Nomura wrote to


the Japanese investment bank's clients. "Markets were not,
therefore, taken by surprise and appear to have been more or less
unmoved by the news."
Newton did warn, however, that the "latest development (is) bad
news not only for stability on the Korean peninsula but also for wider
regional stability."
Tuesday evening, after the markets are closed, President Barack
Obama will give his first State of the Union address of his second
term. He is expected to discuss plans to stimulate the struggling
U.S. economy as well as plans to avert sequestration.
Oil futures ticked up. The benchmark U.S. contract climbed 25
cents, or 0.26%, to $97.28 a barrel. Wholesale New York Harbor
gasoline gained 0.34% to $3.032 a gallon. Gold rose $1.20, or
0.07%, to $1,650 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.44% to 2634, the English FTSE 100
gained 0.4% to 6302 and the German DAX edged up by 0.02% to
7635.
In Asia, the Japanese Nikkei 225 soared 1.9% to 11369. Chinese
markets were closed for the Lunar New Year.
Follow Adam Samson on Twitter @adamsamson

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2/12/13

Dow Outpaces Broad Markets, Reclaims 14K | Fox Business

The 12 Wor s t Super m ar k ets in Am er ica (The Fiscal


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Dow Stumbles, S&P Advances After Quiet Trading Week | Fox Business
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The S&P 500 narrowly posted its seventh-straight weekly advance,

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1 Report: Wal-Mart Fe b. Sale s


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The Dow Jones Industrial Average rose 8.4 points, or 0.06%, to

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perspective, the markets have traded in a fairly tight range. The Dow
fell 0.08%, the S&P 500 rose 0.12% and the Nasdaq slipped
0.06%. Meanwhile, the CBOE's VIX, which tracks implied equity
volatility, is trading at 12.46 -- well below its 50 and 200-day moving
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An internal e-mail, obtained by Bloomberg News, quoted a WalMart (WMT) executive as saying February sales are a "total
disaster" and that the month is off to the worst start in at least seven
www.foxbusiness.com/markets/2013/02/15/dow-stumbles-sp-advances-after-quiet-trading-week/

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Dow Stumbles, S&P Advances After Quiet Trading Week | Fox Business

years.

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GS

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GOLDMAN SACHS...

The company issued a statement to FOX Business saying "a with


any organization, we often see internal communications that are not
entirely accurate, that lack the proper context and represent
individual opinions.
Wal-Mart is a moderately-priced Dow component, meaning it often

MSFT

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has an outsize affect on the blue chip average's performance. It


recently shed roughly 18 points from the Dow.
It also threw cold water on data released earlier in the day that
showed consumer sentiment ticking up. The concern is that
consumers may start responding to increases in the payroll tax that
took effect in January by cutting back on spending.
A preliminary reading on U.S. consumer sentiment from Reuters
and the University of Michigan checked in at 76.3 for February from
73.8 in January, easily topping expectations of 74.8. The markets,
which were flat in earlier trading, turned more solidly positive on the
news.
U.S. factory output slumped by 0.1% in January from December,
missing estimates of a 0.2% increase, according to a report from
the Federal Reserve. Meanwhile, the New York Federal Reserve's
regional manufacturing gauge rose to 10.04 in February -- its
highest level since May 2012 -- from -7.78 in January. The gauge
was expected to rise to -2. Readings above zero point to expansion,
while those below indicate contraction. The more closely-watched
survey from the Philadelphia Federal Reserve is due out next week.
Currency War?
A two-day summit of the Group of 20 finance and central bank chiefs
representing most of the world's most powerful economies could
garner even more attention than usual. One of the main issues
analysts will be looking for is what the group, meeting in Moscow,
will say about currency manipulation.
The Japanese have been criticized for artificially pushing the yen
exchange rate down in a bid to boost exports, while the Chinese
have for years come under fire for keeping the yuan rate low. There
have also been concerns in Europe about the euro appreciating too
much and potentially hurting the competitiveness of eurozone
exports.
Moves in the foreign exchange market tend to have widespread
consequences in commodities, equities and other asset classes. A
final communiqu isn't expected until Saturday, but drafts often leak
early.
www.foxbusiness.com/markets/2013/02/15/dow-stumbles-sp-advances-after-quiet-trading-week/

2/4

2/15/13

Dow Stumbles, S&P Advances After Quiet Trading Week | Fox Business

On the corporate front, billionaire investor Carl Icahn revealed a


nearly 13% stake in Herbalife (HLF), the weight management and
health drink company that hedge fund manager Bill Ackman has
repeatedly called a pyramid scheme. The shares surged some 18%
on the news.
In commodities, oil prices edged lower. The benchmark U.S.
contract dipped 46 cents, or 0.47%, to $96.85 a barrel. Wholesale
New York Harbor gasoline rose 0.59% to $3.134 a gallon. Gold slid
$7.50, or 0.73%, to $1,628 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.26% to 2628, the English FTSE 100 rose
0.04% to 6330 and the German DAX slumped 0.17% to 7618.
In Asia, the Japanese Nikkei 225 sold off by 1.2% to 11174 and the
Chinese Hang Seng drifted higher by 0.13% to 23445.

FROM AROUND THE WEB


The Real Reas on the Econom y Is Br ok en (and Will Stay
That Way) (Peak Prosperity)
Em ails : Wal-Mar t Febr uar y Sales " A Total Dis as ter "
(InvestingChannel)
The 12 Wor s t Super m ar k ets in Am er ica (The Fiscal
Times)
Wher e Does The Car Dealer Mak e Money (Edmunds)
Raym ond Floyd ups et at Hall of Fam e for inducting 'guys
w ho don't belong' (Golf.com)
Kate Middleton Wear s a Bik ini & Show s Off Her Baby
Bum p (CafeMom)
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Herbalife Surges 17% on Icahn


Buzz
Herbalife surged as much as 17% after
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Dow Stumbles, S&P Advances After Quiet Trading Week | Fox Business
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4/4

2/18/13

The Hindu : Business / Markets : Sensex gains 33 pts on selective buying

Business Markets
Published: February 18, 2013 09:51 IST | Updated: February 18, 2013 16:37 IST

Sensex gains 33 pts on selective buying


PTI

Brokers said selective buying by funds and retailers in oil and gas, realty, consumer durable, health care, metal and banking sectors mainly led
the market in a better form. File Photo

PTI

The BSE benchmark Sensex on Monday closed 33 points higher as investors indulged in selective buying mainly in
realty and capital goods sectors ahead of the union budget.
The Sensex rose by 32.93 points, or 0.17 per cent, to close at 19,501.08. The gauge had touched the days high of
19,554.48 at the outset. The index had declined 140 points in last two sessions.
Similarly, the broad-based National Stock Exchange index Nifty advanced 10.80 points, or 0.18 per cent to 5,898.20,
after touching the days high of 5,911.
Brokers said investors remained cautious ahead of the union budget this month-end and reduced their positions to
pick fundamentally strong stocks in realty and heavy machinery sectors.
They said a weak ending in Asian region and lower opening in Europe capped the gains to some extent.
In 30-BSE index components, 17 stocks gained led by Reliance Industries, Larsen and Toubro, DLF Ltd, State Bank of
India, Housing Development Finance Corp and Hero MotoCorp.
The realty sector index gained the most by 2.08 per cent to 2,078.90 followed by capital goods by 1.18 per cent to
9,878.03. Power index rose by 1.03 per cent to 1,835.89 and metal index by 0.49 per cent to 9,952.68.
Keywords: Sensex, BSE, NSE, stock market
Printable v ersion | Feb 1 8, 2 01 3 8:50:4 1 PM | http://www.thehindu.com /business/m arkets/sensex-gains-3 3 -pts-on-selectiv e-buy ing/article4 4 2 7 2 9 6 .ece
The Hindu

www.thehindu.com/business/markets/sensex-gains-33-pts-on-selective-buying/article4427296.ece?css=print

1/1

2/19/13

The Hindu : Business / Markets : Sensex rises 135 points; ONGC, Infosys, TCS and ICICI lead gain

Business Markets
Published: February 19, 2013 16:54 IST | Updated: February 19, 2013 16:54 IST

Sensex rises 135 points; ONGC, Infosys, TCS and ICICI lead gain
PTI

A file picture of Bombay Stock Exchange in Mumbai.

The Hindu

The BSE benchmark Sensex on Tuesday closed at nearly two-week high level of 19,635 led by buying in blue-chips
stocks such as ONGC, Infosys, TCS and ICICI Bank amid a firming European trend.
The Sensex rose by 134.64 points, or 0.69 per cent, to 19,635.72, highest closing since February 6. Most of the gains
were recorded in last 30-minute of trade. The index had gained 33 points in the previous sessions.
Similarly, the broad-based National Stock Exchange index Nifty jumped up by 41.50 points, or 0.70 per cent, to
5,939.70.
Brokers said a better trend in Europe, biggest consumer of Indian software and other goods, on positive signals for the
economic recovery also influenced the market sentiment.
The market-heavy Infosys rose by 1.53 per cent to Rs 2,819 and refinery major ONGC shot up by 4.03 per cent to Rs
330.25.
The software major Tata Consultancy Services spurted by 1.25 per cent to Rs 1,442.70 while trend-setter Reliance
Industries climbed 0.18 per cent to Rs 848.80. All the four stocks carry nearly 23 per cent weightage on the Sensex.
The leading car maker Maruti Suzuki surged 2.19 per cent to Rs 1,512.20, Bajaj Auto by 2.36 per cent to Rs 1,997 and
Tata Motors by 0.62 per cent to Rs 306.90.
The realty sector index gained the most by adding 1.90 per cent to 2,118.33 followed by IT index by 1.66 per cent to
6,552.48. Healthcare index rose by 1.38 per cent to 8,009.61 and power index by 1.16 per cent to 1,857.15.
In 30-BSE index components, 23 stocks rose while 8 ended with losses. Bharti Airtel lost 1.94 per cent to Rs 307.75,
Coal India 1.35 per cent to Rs 338.80 and Hero MotoCorp by 1.37 per cent to Rs 1,672.65.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | Feb 2 0, 2 01 3 7 :1 2 :3 8 AM | http://www.thehindu.com /business/m arkets/sensex-rises-1 3 5-points-ongc-infosy s-tcs-and-icici-leadgain/article4 4 3 1 6 7 9 .ece

www.thehindu.com/business/markets/sensex-rises-135-points-ongc-infosys-tcs-and-icici-lead-gain/article4431679.ece?css=print

1/2

2/19/13

The Hindu : Business / Markets : Sensex rises 135 points; ONGC, Infosys, TCS and ICICI lead gain
The Hindu

www.thehindu.com/business/markets/sensex-rises-135-points-ongc-infosys-tcs-and-icici-lead-gain/article4431679.ece?css=print

2/2

2/19/13

Dow and S&P close at new 5-year highs - Feb. 19, 2013

Dow and S&P close at new 5-year highs


By Hibah Yousuf @CNNMoneyInvest February 19, 2013: 4:45 PM ET

Click chart for more market data

NEW YORK (CNNMoney)

The Dow and S&P 500 finished at new 5-year highs Tuesday, as investors grew hopeful about a potential merger between
OfficeMax and Office Depot.
The Dow Jones industrial average rose 0.4%, while the S&P 500 added 0.7%. The Nasdaq gained 0.7% to close at its highest level
since November 2000.
Investors have been pulling back a bit after a strong start to the year. All three indexes are up between 6% and 8%, with the Dow
just 1.2% shy of its all-time high, hit in October 2007. The S&P 500 is less than 3% below its record high, also set in October
2007.
Driving the gains Tuesday were shares of OfficeMax ( OMX, Fortune 500) and Office Depot ( ODP, Fortune 500), which both
rallied after media reports said the companies were in advanced merger talks, citing unnamed sources. Staples ( SPLS, Fortune
500), the other major office supplies retailer, gained about 13%.
The talks come as mergers and acquisitions have picked up. Just last week, US Airways ( LCC, Fortune 500) announced a
merger with American Airlines parent AMR ( AAMRQ, Fortune 500); Warren Buffett's Berkshire Hathaway ( BRKA,
Fortune 500) announced it was buying ketchup maker Heinz ( HNZ, Fortune 500); and Comcast ( CMCSA) announced a
$16.7 billion deal for the 49% of NBC Universal that was still owned by General Electric ( GE, Fortune 500).
Best Buy ( BBY, Fortune 500) shares gained almost 3% after the electronics retailer announced plans to make its pricematching program permanent on March 3.
Related: Google is the new Apple..for now

Shares of Google (

GOOG, Fortune 500) rose to a new all-time high of $804 per share.

After the closing bell, Dell ( DELL, Fortune 500) reported earnings and revenue that fell from a year ago but topped analyst
expectations. Controversial nutritional supplements company Herbalife ( HLF) also announced better-than-expected
earnings and sales figures. The company also boosted its outlook for 2013 and issued a 30 cents per share quarterly dividend.
A hearing began Tuesday in David Einhorn's lawsuit against Apple ( AAPL, Fortune 500). Einhorn's hedge fund, Greenlight
Capital, has accused Apple of hoarding billions in cash and wants a judge to block a "bundled" shareholder vote, scheduled for
Feb. 27. Einhorn wants shareholders to vote separately on an Apple proposal that would limit the company's ability to issue
money.cnn.com/2013/02/19/investing/stocks-markets/index.html?iid=HP_LN

1/2

2/19/13

Dow and S&P close at new 5-year highs - Feb. 19, 2013

high-yielding preferred stock.


Apple CEO Tim Cook has called the lawsuit a "silly sideshow."
Tuesday's homebuilders confidence report did little to soothe investor's nerves about the wobbly economic recovery. The
National Association of Home Builders' Housing Market index fell for the first time in nearly a year in February. Economists
were expecting the index to edge up to a six-year high.
Separate reports on housing starts and building permits will follow on Wednesday, and data on existing home sales will be
released Thursday.
Related: Fear & Greed Index firmly in extreme greed

European markets finished with solid gains, lifted by a stronger-than-expected reading from the latest ZEW survey of German
investor sentiment.
Asian markets closed lower. The Shanghai Composite lost 1.6%, the Hang Seng declined 1% and the Nikkei dropped 0.3%.
Check gas prices in your state

Gas prices rose for the 33rd day in a row. Economists are monitoring rising gas prices to gauge whether they will take a bite out
of consumer spending in February.
Nationwide, a gallon of unleaded gasoline averaged $3.748 Tuesday, according to AAA. Gas prices have risen about 33 cents, or
nearly 10%, since the beginning of February.
Oil prices edged higher while gold prices declined.
The dollar lost ground versus the euro and the Japanese yen but rose versus the British pound.
The price on the 10-year Treasury fell slightly, pushing the yield up to 2.03% from 2% late Friday.

First Published: February 19, 2013: 9:41 AM ET

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2/19/13

Dow Logs Highest Close Since '07; Eyes Record | Fox Business
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Pr int
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The blue-chip average ended at its highest level since October

Shar e

2007 Tuesday, climbing within 130 points of its all-time closing high.
The broader S&P 500 also logged a five-year high, while the

Tw eet
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Nasdsaq ended at its best level in 12 years.


Today's Markets

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Medicare Rate Proposal
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3 Eight Retailers Poised to Close the
Most Stores
4 FedEx to incur up to $650 million
charge from voluntary buyout
5

Dow Moves Within Str iking Distance of


Record High
See all tr ends

The Dow Jones Industrial Average rose 53.9 points, or 0.39%, to


14036, the S&P 500 gained 11.2 points, or 0.73%, to 1531 and the
Nasdaq Composite climbed 21.6 points, or 0.68%, to 3214.

INVESTING

Mor e Stor ies

Every major closed in the green with the exception of materials. The
energy, consumer staple and utility sectors posted the best
performance. On the other end of the spectrum, material stocks
struggled.
While the Dow is less than 1% off its record close, the S&P still has
about 2.2% to go and the Nasdaq is 36% off its dot-com era high.
The recent race higher on Wall Street has been accompanied with
very smooth trading. Indeed, volatility, as tracked by the CBOE's
VIX, has receded to levels not seen since 2007.
www.foxbusiness.com/markets/2013/02/19/dow-logs-fresh-07-high-in-march-toward-record/

Alternative Investments to Boost


Investors Portfolios
Her balife Unveils 4Q Beat, Hik es '13 Guidance
Gener al Mills : Str onger Gr ow th in 'Im m ediate
Futur e'

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2/19/13

Dow Logs Highest Close Since '07; Eyes Record | Fox Business

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On the corporate front, Office Depot (ODP) and OfficeMax (OMX)


were said to be in advanced negotiations for a potential merger,
according to multiple media reports. A combination could help the
two office-supply stores rival giant Staples (SPLS).
Google (GOOG) hit a fresh record high above $800 a share.
Quarterly results from Dell (DELL ), which has revealed plans to be
taken private by its founder Michael Dell and a consortium of
investors, are due after the closing bell. Microsoft (MSFT) said it
now has 60 million active users on Outlook.com, the software
heavyweight's online email suite designed to compete with Google's
Gmail.
Elsewhere, a report from the National Association of Home Builders
showed sentiment unexpectedly dropping slightly in February. The
group's gauge slipped to 46 from 47 the month before, missing
expectations of an increase to 48.
President Barack Obama also held a speech, urging Congress to
pass legislation that avoids sequestration -- painful, arbitrary
spending cuts due to kick in in two weeks. Goldman Sachs Chief
U.S. Economist Jan Hatzius issued a note to clients over the
weekend saying the investment bank believes fiscal downside risks
to U.S. economic growth have "diminished;" however, so-called
fiscal drag is expected to weigh throughout 2013.
In commodities, oil prices drifted higher. The benchmark U.S. crude
contract gained 80 cents, or 0.83%, to $96.66 a barrel. Wholesale
New York Harbor gasoline fell 0.42% to $3.121 a gallon. Gold

www.foxbusiness.com/markets/2013/02/19/dow-logs-fresh-07-high-in-march-toward-record/

2/4

2/19/13

Dow Logs Highest Close Since '07; Eyes Record | Fox Business

dipped $5.30, or 0.33%, to $1,604 a troy ounce.


Foreign Markets
The Euro Stoxx 50 rallied 1.3% to 2650, the English FTSE 100 rose
0.52% to 6352 and the German DAX jumped 1.2% to 7717.
In Asia, the Japanese Nikkei 225 fell 0.31% to 11372 and the
Chinese Hang Seng sold off by 1% to 23144.
Follow Adam Samson on Twitter @adamsamson.
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Dow Logs Highest Close Since '07; Eyes Record | Fox Business

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Despite Friday's Rally, S&P Snaps Seven-Week Win Streak | Fox Business
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The Dow Jones Industrial Average rallied 120 points, or 0.86%, to

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technology and financials. Traditional defensive plays like


telecommunications and consumer staples posted slimmer gains.
Still, the S&P 500 fell 0.28% for the week. The narrower Dow rose
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A closely-watched survey on the outlook of German businesses from
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Hans-Werner Sinn, the organization's president, said German


companies are more satisfied with current conditions and also more
optimistic on the future outlook. He said Europe's biggest economy
is "regaining momentum."
Thomas Harjes, an economist at Barclays, echoed that view, saying,
"the recent surveys add to growing signs that the German economy
has turned the corner after a sharp externally-driven contraction at
the end of last year and that a strong rebound should be under
way."

FOX50

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GS

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Still, the broader European economy is continuing to struggle. In its


winter forecast, the European Commission said the eurozone
economy is likely to contract by 0.3% in 2013, compared to a
November forecast of 0.1% expansion.
Also on the European front, analysts will be paying close attention to
elections in Italy that start this weekend. The country, the eurozone's
No. 3 economy, has come into focus because of its high debt levels
and weak economy.
"We expect the pro-Europe, pro-austerity mainstream will secure an
electoral victory, but the new government's will and capacity for
reform will be constrained by growing popular resistance to austerity
and resistance from both right and left in parliament," Citigroup
analyst Tina Fordham wrote in a note to clients.
The government has had difficulty balancing the need to spur growth
with debt-cutting measures, which has sometimes caused big
fluctuations in the market for Italian debt.
There are no major U.S. economic reports and few earnings reports
on Friday's calendar.
In commodities, oil futures rebounded after tumbling two a fresh
2013 low on Thursday. The benchmark U.S. contract rose 29 cents,
or 0.31%, to $93.13 a barrel. Wholesale New York Harbor gasoline
rallied 1.4% to $3.08 a gallon. Gold fell $5.80, or 0.37%, to $1,573 a
troy ounce.
Foreign Markets
The Euro Stoxx 50 jumped 1.6% to 2620, S&P 500 climbed 0.81%
to 6342 and the German DAX rallied 1.1% to 7665.
In Asia, the Japanese Nikkei 225 rose 0.68% to 11386 and the
Chinese Hang Seng dipped 0.54% to 22782.
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2/22/13

Despite Friday's Rally, S&P Snaps Seven-Week Win Streak | Fox Business

High Cr ude Oil Pr ices Could Be Heading For A Res et


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Pr ices
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2/26/13

Stocks close higher on Fed speak - Feb. 26, 2013

Stocks close higher on Fed speak


By Maureen Farrell @CNNMoneyInvest February 26, 2013: 4:35 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Stocks closed solidly higher Tuesday after Fed chairman Ben Bernanke gave investors reason to believe that the central bank
would continue to do its part to help the economy.
"Economic activity in the United States has continued to expand at a moderate, if somewhat uneven pace," he said, explaining
why the Fed's bond buying program should continue.
Bernanke's promise of continued aid, coupled with positive economic data and robust corporate earnings, helped the Dow
Jones Industrial Average, the S&P 500 and the Nasdaq end the day up between 0.4% and 0.8%.
Gold prices also rallied, rising nearly 2% in the biggest one-day jump this year. "Gold looks good today on Bernanke's
reassurance of continued monetary accommodation," Jeffrey Nichols, a managing director at American Precious Metals
Advisors wrote in a note to investors.
The S&P Case-Shiller index for the fourth quarter showed home prices jumped 7.3%, the third straight quarter of year-overyear gains. New home sales also jumped more than 15% in January, the sharpest monthly increase since July 2008.
Home improvement retailer Home Depot ( HD, Fortune 500) reported strong year-end results, providing more evidence of a
housing rebound. The company reported a 7% gain in same-store sales for the fourth quarter.
Consumer confidence also increased in February. The Conference Board's index showed that confidence jumped to 69.0 from
58.6 in January.
Shares of department store chain Macy's ( M, Fortune 500) rose after the company reported a 20% increase in fourth quarter
profits and a 3.7% increase in sales at stores open for more than one year.
Shares of Best Buy ( BBY, Fortune 500) dropped more than 3% after the troubled electronic retailer announced that it would
cut 400 jobs at its headquarters as part of a plan to slash $150 million in expenses.
JPMorgan Chase ( JPM, Fortune 500) announced plans to cut costs at the bank. At the bank's annual investors day, CEO Jamie
Dimon said he plans to cut 4,000 positions in 2013 as part of the bank's plan to save $1 billion this year.
Shares of Priceline (
profit forecasts.

PCLN) spiked after the bell following the company's fourth quarter results. The online travel site beat

money.cnn.com/2013/02/26/investing/stocks-markets/index.html?iid=HP_LN

1/2

2/26/13

Stocks close higher on Fed speak - Feb. 26, 2013

First Solar (

FSLR)'s stock plunged in after hours trading, after the solar company's revenues missed expectations.

Related: Italy's election mess won't knock out Europe

On Tuesday, Italian politics took a backseat after dominating investor sentiment Monday.
An Italian election that failed to produce a clear winner whipsawed U.S. stocks late Monday, with the Dow and S&P 500
suffering their biggest one-day declines of the year.
Election results released by the Italian government late Monday showed a narrow victory for the center-left coalition headed by
Pier Luigi Bersani in the lower house of parliament.
But former Prime Minister Silvio Berlusconi and other anti-austerity parties were not far behind, and the results pointed to
gridlock in the Italian Senate.
Related: Investor fear on the rise

European markets ended the day down between 1.3% and 2.7%, following Asian markets, which also closed lower.
The Hang Seng in Hong Kong fell 1.3%, while the Nikkei in Tokyo dropped 2.3% and the Shanghai Composite lost 1.4%.
Oil prices dipped. The U.S. dollar fell versus the Japanese yen but gained against the euro and the British pound.
The yield on the 10-year Treasury note edged lower to 1.87%, from 1.97% previously.

First Published: February 26, 2013: 9:56 AM ET

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2/26/13

Bulls Fight Back: Dow Rallies 116 Points After Monday's Rout | Fox Business
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Rebounding from the worst selloff since November, the markets

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posted solid gains on Tuesday as traders cheered strong economic


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Average rose 116 points, or 0.84%, to 13900, the S&P 500 climbed
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sector ended the day in the green, led by materials stocks.Home

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Depot (HD) posted quarterly results that topped expectations on the


top and bottom lines. Shares of the Dow component surged more
than 5.7%, adding 28 points to the blue-chip averages final tally.

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Strong Data Lift the Street's Sentiment

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2/26/13

Bulls Fight Back: Dow Rallies 116 Points After Monday's Rout | Fox Business

Sales of new single-family homes jumped 15.6% in January from


December -- the largest increase since April 1993 -- to a 437,000unit annualized rate. The metric outpaced estimates of a 381,000unit rate and marked the highest pace since July 2008.

CME Group Chairman Emeritus


on Gold, Currencies
Tys on Foods 'Confident' Des pite Pr es s ur es on
Beef, Por k
Rich, Poor Cons um er s Hit by Clas hing For ces

The S&P/Case-Shiller composite index of 20 metropolitan areas


shows home prices rose 0.2% on a non-seasonally adjusted basis
in December, compared with the 0.2% fall economists were

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+0.71%

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Today

on-year increase since July 2006.

GS

+0.58%

The Conference Board's gauge of U.S. consumer confidence rose

MSFT

expecting. Prices were up 6.8% from a year ago, the biggest year-

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61 and marking the highest reading since November.

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coming months," Chris Christopher, head of consumer economics


at IHS Global Insight wrote in a research note. "However, raising
gasoline prices and the sequester are on many households' radar
screens."
Also on the economic front, Federal Reserve Chairman Ben
Bernanke told Congress the benefits of highly-accommodative
monetary policy clearly outweigh the potential risks, helping temper
worries the Fed could end quantitative easing early.
"In the current economic environment, the benefits of asset
purchases, and of policy accommodation more generally, are clear,"
he said.
Peter Newland, and economist at Barclays, said in a note to clients
that Bernanke's testimony suggests the Fed is still mulling over the
risks of quantitative easing, but still judges it as valuable in the
current economic climate.
Bernanke also said the job market remains weak, although the
economic recovery appears to have picked up again early this year
after taking a hit in the final quarter of 2012.
Italy Worries Still Present
After months on the back burner, European worries came hurdling
back into the picture Monday after elections in Italy ended in a
stalemate. The country's Senate now stands divided -- not a single
party controls the upper house. That means multiple parties will have
to come together and form a coalition government, or a fresh round
of elections may need to be called.
More importantly, perhaps, the sudden lurch higher in political
instability threatens to once again ignite concerns about the
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2/26/13

Bulls Fight Back: Dow Rallies 116 Points After Monday's Rout | Fox Business

embattled 17-member currency bloc. Tina Fordham, an analyst


covering the subject for Citigroup, called the election the "pivotal
political event" for the eurozone this year, and warned that the result
"extends political risk."
The broad S&P 500 took its biggest fall since November on the
news Monday, while European markets have come under heavy
pressure. Of particular concern is Italian and Spanish borrowing
costs -- both of which have spiked in the secondary markets.
"We expect risky assets to remain under pressure until the picture in
Italy becomes clearer," analysts at Barclays warned in a note to
clients. The investment bank said safe havens like U.S. Treasury
bonds, German bunds and the dollar should benefit.
Oil futures were under pressure on the back of weakness in
European markets. The benchmark U.S. contract dropped 71 cents,
or 0.76%, to $92.40 a barrel. Wholesale New York Harbor gasoline
sold off by 1.9% to $3.00 a gallon. In metals, gold rose $7.10, or
0.45%, to $1,594 a troy ounce.
Foreign Markets
The Euro Stoxx 50 plummeted 2.5% to 2586, the English FTSE 100
sold off by 1.3% to 6273 and the German DAX tumbled 1.8% to
7637.
In Asia, the Japanese Nikkei 225 plunged 2.3% to 11399 and the
Chinese Hang Seng dropped 1.3% to 22520.
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Bulls Fight Back: Dow Rallies 116 Points After Monday's Rout | Fox Business
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2/27/13

The Hindu : Business / Markets : Sensex jumps 137 points on growth outlook

Business Markets
Published: February 27, 2013 17:04 IST | Updated: February 27, 2013 18:40 IST

Sensex jumps 137 points on growth outlook


PTI

The BSE benchmark Sensex on Wednesday rose by 137 points on good buying support after the Economic Survey
2012-13 projected 6.1 to 6.7 per cent growth in the next financial year and made a strong call for reducing subsidy
level.
The Sensex gained 137.27 points, or 0.72 per cent, to close at 19,152.41 led by stocks of capital goods, realty and
refinery sectors. The index had plunged to three months low by dropping 317 points in the previous session.
The gauge had touched a high of 19, 213.02 and a low of 18, 997.82 during the session.
Similarly, the National Stock Exchange index Nifty rose by 35.55 points, or 0.62 per cent, to 5, 796.90, after touching
the days high of 5, 818.20.
Brokers said besides the Economic Surveys projections of a higher growth rate next fiscal, expectations of some sops
in the general budget on Thursday kept the investors cheerful.
While pegging the GDP growth at an estimated 5 per cent for the current fiscal, the Survey tabled in Parliament by
Finance Minister P. Chidambaram said the overall economy is expected to grow in the range of 6.1 to 6.7 per cent in
2013-14 as the economy is looking up.
The upsurge was further supported by firming trend in the Asian region after the US Fed affirmation of its
commitment to monetary stimulus, traders said.
The blue-chip stocks, which had plunged in the previous session led by Reliance Industries and Larsen and Toubro,
rebounded on value buying a day before the general budget. RIL gained 0.88 per ent to Rs. 831.20 and L&T rose by
3.16 per cent to Rs. 1,410.45.
In 30-BSE index components 22 stocks gained led by Bharti Airtel, Mahindra and Mahindra, ONDC, ICICI Bank,
BHEL, Bajaj Auto and Sterlite Industries recording gains up to three per cent.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade, Economic Survey 2013
www.thehindu.com/business/markets/sensex-jumps-137-points-on-growth-outlook/article4458746.ece?homepage=true&css=print

1/2

2/27/13

Dow rallies to new 5-year high - Feb. 27, 2013

Dow rallies to new 5-year high


By Ben Rooney @CNNMoneyInvest February 27, 2013: 4:19 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

A rally on Wall Street gained momentum late Wednesday as investors welcomed more upbeat housing data and a second day of
dovish testimony from the chairman of the Federal Reserve.
The Dow Jones industrial average rallied 175 points, or 1.2%, to end at its highest level since October 2007. The S&P 500
jumped 1.3% and the Nasdaq gained 1%.
Traders said the rally was a continuation of Tuesday's advance, which came after Fed chairman Ben Bernanke signaled to
lawmakers that the central bank's easy money policies would remain in force. Bernanke reiterated his argument Wednesday
that the Fed's bond-buying program, known as QE, has helped the economy.
"There's nothing specific to cite," said Dan Greenhaus, market strategist at BTIG in New York. "But if you had to pin it to
something, it would be Bernanke saying QE will continue in an environment of improving economic data."
Stocks have been pulling back lately, after a strong start to the year. All three indexes are still up between 6% to 7% so far this
year.
Investors also cheered further signs of strength in the housing market.
A realtors group said Wednesday that pending home sales rose in January to the highest level since April 2010. The pending
home sales data came one day after reports on home prices and sales came in better than expected.
Homebuilder stocks rallied Wednesday, with shares of Hovnanian (
DR Horton ( DHI) and Lennar ( LEN).

HOV) jumping 5%, leading rivals Toll Brothers (

TOL),

The housing data overshadowed a mixed report on new orders for long-lasting goods.
The U.S. Census Bureau said durable goods orders dropped $11.8 billion, or 5.2%, in January. This was a steeper decline that the
decrease of 3.5% projected by economists. However, excluding transportation, new orders would have increased 1.9%.
Related: Defense stocks in crosshairs

Overall, the durable goods data were "far better than the headline decline suggests," said Paul Ashworth, chief U.S. economist at
Capital Economics.
money.cnn.com/2013/02/27/investing/stocks-markets/index.html?iid=HP_LN

1/2

2/27/13

Dow rallies to new 5-year high - Feb. 27, 2013

Related: The SEC is investigating Michael Milken

Investors were also encouraged by a successful auction of 6.5 billion in Italian government bonds. Wednesday's bond That
helped push European markets higher. Italy has been a concern for investors since elections over the weekend raised concerns
about the government's commitment to economic reforms.
Related: The myth of the Great Rotation

Shares of Groupon ( GRPN) plunged more than 20% after the online coupon site widely missed forecasts and said sales in the
current quarter would fall short of estimates.
Investors were also keeping tabs on Apple's (APPL) annual shareholders meeting.
Apple shareholders did not vote on a controversial proposal that would have limited the company's ability to issue preferred
stock. Hedge fund manager David Einhorn, who had launched an activist campaign to unlock some of Apple's $137 billion cash
hoard. Apple will put that to a vote at a later date.
Related: Fear & Greed Index smack in the middle of greed

Shares of Priceline (
First Solar (

PCLN) rose after the online travel site beat profit forecasts.

FSLR) shares sank after the renewable energy firm missed sales forecasts.

Shares of Dollar Tree ( DLTR, Fortune 500) jumped after the discount retailer said it earned $1.01 per share on sales of $2.25
billion in the fourth quarter.
Gun maker Sturm Ruger (
others.

RGR) will report results after the closing bell, along with J.C. Penney (

JCP, Fortune 500), among

Asian markets ended mixed. Japan's Nikkei lost 1.3%, while the Shanghai Composite added 0.9% and Hong Kong's Hang Seng
increased 0.2%.
Oil prices edged higher while gold prices slipped.
The dollar fell versus the euro and the pound, but gained against the yen.
The yield on the 10-year Treasury note rose to 1.9% from 1.88%.

First Published: February 27, 2013: 9:38 AM ET

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The markets raced higher Wednesday in a broad advance amid

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optimism uncertainty in Italy won't tip Europe back into crisis mode.
The Dow tacked on 175 points in its second triple-digit rally in a row --

Tw eet
Shar e

hitting its highest level since October 2007.

Kansas City Fed


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It!

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Seque stration
2 Markets Soar as Euro Worries
Ease

Today's Markets

3 Analysis: Schwab class-action win


aids brokers, may hurt inv estors

The Dow Jones Industrial Average surged 175 points, or 1.3%, to

4 Groupon Shares Plunge 25% on Weak


Forecast

14076, the S&P 500 gained 19.1 points, or 1.3%, to 1516 and the
Nasdaq Composite rose 32.6 points, or 1%, to 3162.

Wall Str eet Rallies Amid Euro Optimism

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Every major sector ended in the green, led by industrial, materials and
consumer discretionary stocks. Traditional defensive stocks, like
utilities, consumer staples and telecommunications, came out of

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favor. Still, traders continued bidding up U.S. Treasury bonds.


European Worries Cool
The upbeat sentiment Wednesday began in European markets,
where Italy held a successful bond auction. Rome sold $5.2 billion in
10-year debt, meeting its target. However, the yield jumped to 4.83% www.foxbusiness.com/markets/2013/02/27/wall-street-rockets-higher-as-traders-overcome-euro-jitters/

Midday Market Report: 2/27/13


It's Baaaack : Political Par alys is Retur ns
Tys on Foods 'Confident' Des pite Pr es s ur es on
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2/27/13

Wall Street Rockets Higher as Traders Overcome Euro Jitters | Fox Business

- the highest the country has had to pay since October, according to

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Reuters. Borrowing costs for the same period moved up 0.08444.57

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percentage point on the secondary market to 4.91%.


Market participants pay very close attention to debt auctions in Italy

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"reassured the markets for now." Still, the bank warns that downside
risks to European risky assets -- like equities -- remains.
Apple CEO Cook Speaks
Out on Law suit

Dan Greenhaus, chief global strategist at market-maker BTIG, said


clients have grown fatigued of the big euro-fueled swings that have
happened in recent years. He said that while traders are still
concerned about events in countries like Italy, unless the situation
reaches a boiling point, they "go about their day."

Bernanke Faces Tw o Days


of Intense Questioning

Housing Data Top Expectations; Goods Orders Mixed


On the U.S. front, the Commerce Department said orders for longlasting goods fell 5.2% in January from December, a bigger slide than
the 4.4% expected. Excluding the transportation segment, durable
goods orders rose 1.9%, a much larger jump than the 0.2% expected
and the biggest increase since December 2011.
"Say what you will about government dysfunction, the sequester, the
fiscal cliff and the budget debate but the fact remains that capital
spending appears to be holding up very well," Dan Greenhaus, chief
global strategist at BTIG wrote in an email. "In fact, it appears to be
accelerating."
The National Associate of Realtors reported U.S. pending home
sales rose 4.5% in January from December, outpacing the 1.5% gain
expected, according to the National Association of Realtors.
Fed chief Bernanke testified before the U.S. House of
Representatives as well. He once again reiterated his dovish stance,
helping renew hopes the central bank will keep up its asset buying
program past the middle of the year.
In commodities, oil prices inched higher. The benchmark U.S.
contract gained 23 cents, or 0.21%, to $92.84 a barrel. Wholesale
New York Harbor gasoline climbed 0.32% to $2.991 a gallon. Gold
dropped $9.30, or 0.58%, to $1,606 a troy ounce.

www.foxbusiness.com/markets/2013/02/27/wall-street-rockets-higher-as-traders-overcome-euro-jitters/

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2/27/13

Wall Street Rockets Higher as Traders Overcome Euro Jitters | Fox Business

In corporate news, Apple (AAPL ) is set to hold an investor meeting


on the day. Speculation the world's biggest technology company
might unveil a stock split pushed shares higher in the previous
session.
Foreign Markets
The Euro Stoxx 50 gained 0.52% to 2583, the English FTSE 100 rose
0.26% to 6288 and the German DAX climbed 0.26% to 7617.
In Asia, the Japanese Nikkei 225 dropped 1.3% to 11253 and the
Chinese Hang Seng inched up 0.25% to 22577.
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Exper t: Debt Bur den a Cancer for US


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The markets posted tepid gains Friday, ending the week in the green,

Shar e

after a batch of strong data on the U.S. economy helped traders


overcome worries about Europe.

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According to preliminary calculations, the Dow Jones Industrial


Average rose 36.4 points, or 0.26%, to 14091, the S&P 500 climbed

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3.6 points, or 0.24%, to 1518 and the Nasdaq Composite gained 9.6
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See all tr ends

For the week, the Dow climbed 0.64%, the S&P 500 gained 0.18%
and the Nasdaq rose 0.25%.

INVESTING

Mor e Stor ies

The markets all ended February higher, with the S&P posting its
fourth-straight monthly advance.

Midday Market Report: 3/1/13


Mor e Los s es Could be in Stor e for the Mar k ets
Mar k et Res iliency Could Bleed Into Mar ch

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Stocks Edge Up as Data Overshadow Euro Worries | Fox Business

On Friday, the Dow tumbled as much as 116 points in early action,


before coming back to the flat line and then finally rising. In recent
trading, seven of ten major sectors were still in the greeb. Health-care
and consumer discretionary shares performed the best, while utility
and energy stocks broadly declined.
Strong Data Help Offset Euro Worries
A round of generally strong data helped lift sentiment.

RECENT QUOTES

FOX50

+0.16%

FOX 50 INDEX

Today

GS

+0.42%

GOLDMAN SACHS...

MSFT

+0.36%

MICROSOFT COR...

Today

GOOG

+0.53%

GOOGLE INC.

XOM
The Institute for Supply Management Manufacturing PMI gauge rose

Today

EXXONMOBIL CO...

Today

-0.17%
Today

1,096.53
4:14 PM

150.39
3:59 PM

27.90
3:59 PM

805.42
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89.40
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to 54.2 in February from 53.1 in January, topping estimates of a


reading of 52.5. Readings above 50 point to expansion while those
below indicate contraction.
A separate report from Reuters and the University of Michigan
showed consumer sentiment unexpectedly rising in late February. The
closely-watched measure climbed to 77.6 from an earlier reading of
76.3, beating expectations of no change.
A report from the Labor Department showed consumer incomes
plunging 3.6% in January from December -- the biggest drop since
1993 and worst than estimates of a 2.2% decline. However, personal
spending edged up 0.2%, which was in-line with expectations.
January was the first month across-the-board increases in payroll
taxes kicked in. Indeed, analysts chalked up the big drop in income to
special factors, including the tax hikes, and accelerated dividends in
December.
However, economists at Nomura warned that February could be
another tough month for personal incomes, with consumers still
adjusting to lower income from the payroll tax hike and surging
gasoline prices.
European Worries Persist
The euro slumped 0.47% to $1.2996 -- its weakest level against the
greenback in two months. Meanwhile, the Euro Stoxx 50, which tracks
eurozone blue chips, slumped 0.64%.
The move lower in Europe came as traders parsed through a deluge
of weak data from the continent. The unemployment rate in the
eurozone edged up 0.1-percentage point to 11.9% in February, with
19 million people out of work across the 17-member currency bloc.
The report also highlights the wide gaps between the economies
there. Germany, the bloc's powerhouse, has an unemployment rate
around 5%, but Spain and Greece are more than five times that.

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Stocks Edge Up as Data Overshadow Euro Worries | Fox Business

A report indicating the U.K. manufacturing sector unexpectedly


skidded back into contraction territory in February also left traders
jittery.
Oftentimes, sharp moves lower in the euro puts downward pressure
on dollar-traded commodities. The benchmark U.S. oil
contract dropped $1.37, or 1.5%, to $90.68 a barrel. Wholesale New
York Harbor gasoline rose 0.54% to $3.129 a gallon. In metals, gold
fell $5.80, or 0.37%, to $1,572 a troy ounce.
On the corporate front, Best Buy (BBY) posted better-than-expected
quarterly results, sending shares zooming higher. The big retailer also
said it ended talks with its founder over a potential take-private deal.
Groupon (GRPN) revealed after the close of trading Thursday that it
had dismissed its chief executive, Andrew Mason.
Foreign Markets
The Euro Stoxx 50 fell 0.64% to 2617, the English FTSE 100 rose
0.28% to 6379 and the German DAX dipped 0.43% to 7708.
In Asia, the Japanese Nikkei 225 ticked up by 0.41% to 11606 and
the Chinese Hang Seng fell 0.61% to 22880.
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Sen. Rand Paul, (R-Ky.), on sequester cuts
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Dow Creeps Toward its All-Time High


By Adam Samson

Pub lished March 04, 2013

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Pr int
Em ail

The blue-chip average shook off early losses and turned positive

Shar e

Monday, leaving it less than 40 points shy of its all-time closing high.

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on Obama?

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Economy?

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for White House?

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Your Diet!

TRENDING IN NEWS

1 Proof the Fed is Juicing the


Marke ts

0 Com m ents

Today's Markets
Tw eet

The Dow Jones Industrial Average rose 38.2 points, or 0.27%, to


14128, the S&P 500 gained 7 points, or 0.46%, to 1525 and the

Shar e

Nasdaq Composite climbed 12.3 points, or 0.39%, to 3182.


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HES
HESS CORPORA...

The Dow closed out last week at its highest level since October 2007
68.84
+2.30

and within just about 0.5% of its record closing high. Events in Europe
and Asia initially put pressure on equities, but then the tide turned in

2 Fannie, Freddie to Start New


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afternoon action.
The worst performers Monday could be found among economicallysensitive sectors: energy, materials and industrials. Defensive

See all tr ends

INVESTING

Mor e Stor ies

sectors, like utilities and telecommunications generally outperformed


their peers.
Oil prices sold off, breaking below the $90 a barrel mark for the first
time this year, before retracing their losses somewhat. The
benchmark U.S. oil contract fell 56 cents, or 0.62%, to $90.12 a
barrel. Wholesale New York Harbor gasoline dipped 0.97% to $3.10
www.foxbusiness.com/markets/2013/03/04/dow-creeps-toward-its-all-time-high/

Markets to Head Higher After a


Short-Term Correction?
Sur vey: Inves tor s Cr ave Mor e Cyber
Tr ans par ency

1/3

3/4/13

Dow Creeps Toward its All-Time High | Fox Business

a gallon. Gold slipped was essentially unchanged at $1,572 a troy

Wander ing Above the Mis t

ounce.
RECENT QUOTES

HSBC (HBS) posted annual earnings of $20.6 billion for 2012, falling
short of the Street's forecast of $22.7 billion. HSBC is Europe's
biggest bank, meaning the miss weighed on shares across the
continent. The euro also fell 0.21% to $1.2995.
There was also ongoing political instability in the eurozone. Italy was
still without a viable government after elections last week ended in a

FOX50

+0.52%

FOX 50 INDEX

Mar 4

GS

+1.10%

THE GOLDMAN S...

MSFT

+0.72%

MICROSOFT COR...

Mar 4

GOOG

+1.90%

deadlock. Meanwhile, the Eurogroup was set to meet in Brussels to

GOOGLE INC.

discuss several issues, including a potential bailout of Cyprus, a

XOM

small, but highly-indebted nation.

Mar 4

EXXONMOBIL CO...

Mar 4

-0.54%
Mar 4

1,102.25
5:29 PM

152.18
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28.15
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821.50
4:00 PM

88.95
4:00 PM

The U.S. economic data docket is bare on the day. Federal Reserve
Vice Chairman Janet Yellen gave a speech in which she defended the
central banks highly-aggressive monetary policy. She cited the still
fragile labor market and tame inflation expectations as her rationale.
However, a worrisome report from China kept global growth fears
alive. The expansion in the country's services sector cooled down to
its lowest level in five months in February. China is the world's
second-biggest economy, and there have been fears for months that it
would be in for a so-called hard landing in which growth abruptly
drops.
As the week progresses, though, there will be several important
economic reports released, focusing on the labor market. The private
payroll report from ADP is out on Wednesday, followed by the allimportant February jobs report on Friday. Traders will also get the
latest trade figures on Thursday, which figure directly into broader
economic measures.
In other corporate news, Hess (HES) unveiled a $4 billion share
buyback authorization and said it will exit its downstream business
fully. As part of the move, it will exit the retail business, energy trading
and energy marketing.
Foreign Markets
The Euro Stoxx 50 dipped 0.29% to 2609, the English FTSE 100 fell
0.56% to 6343 and the German DAX slumped 0.54% to 7665.
In Asia, the Japanese Nikkei 225 rose 0.4% to 11652 and the
Chinese Hang Seng sold off by 1.5% to 22538.
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Dow Creeps Toward its All-Time High | Fox Business

Metr o billionair e founder Otto Beis heim com m its


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Dow Creeps Toward its All-Time
High
The blue-chip average shook off early
losses and turned positive Monday,
leaving it less than 40 points shy of its
all-time closing high.

Mar is s a Mayer
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The Dow Clos es In on All-Tim e High

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3/5/13

Sensex gains 265 points on rate cut hopes - The Hindu

Business Markets
Published: March 5, 2013 16:39 IST | Updated: March 5, 2013 16:39 IST

Sensex gains 265 points on rate cut hopes


PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre.

The Hindu

The BSE benchmark Sensex on Tuesday regained 19,000 level by surging the most in three months led by buying on
hopes of more measures to boost economic growth and interest rate cut amid a rally in global markets.
The Sensex spurted by 265.21 points, or 1.40 per cent to close at 19,143.17, recording its biggest single day gain since
November 29.
Similarly, the broad-based National Stock Exchange index Nifty shot up by 85.75 points, or 1.50 per cent, to 5,784.25
led by stocks of Reliance Industries, Infosys and State Bank of India.
Brokers said the market remained bullish after Finance Minister P Chidambaram said that the government will soon
announce more measures to boost economic growth.
Banking and interest-sensitive stocks were on the fore-front on expectations of interest rate cut by the Reserve Bank of
India in its policy review this month, they said.
Rate-sensitive sectors like Banking and Realty rebounded from lower levels on expectations of probable rate cut by
RBI this month, said Rakesh Goyal, Sr Vice President, Bonanza Portfolio Ltd.
Trading sentiment further bolstered as Asian stocks surge and European stocks rose to over fouryear high amid
speculation that central banks around the world will continue with measures to support economic recovery.
In 30-BSE index components, 25 stocks advanced while five closed lower. The realty sector index gained the most by
3.13 per cent 1,947.03 followed by metal index by 2.65 per cent to 9,128.59. Banking index rose by 1.89 per cent to
13,528.53 and auto index by 1.78 per cent to 10,720.39.
The market heavy Reliance Industries shot up by 1.69 per cent to Rs 826.30 after Morgan Stanley upgraded its rating
on the stock.
The second heavy Infosys rose by 0.62 per cent to Rs 2.920.95, while ICICI Bank spurted by 3.36 per cent to Rs
1,093.80. The three stocks carry nearly 20 per cent weightage on the Sensex.
www.thehindu.com/business/markets/sensex-gains-265-points-on-rate-cut-hopes/article4478618.ece?css=print

1/2

3/5/13

Sensex gains 265 points on rate cut hopes - The Hindu

Keywords: BSE, Rate cut, RBI, Stocks


Printable v ersion | Mar 5, 2 01 3 8:2 8:01 PM | http://www.thehindu.com /business/m arkets/sensex-gains-2 65-points-on-rate-cut-hopes/article4 4 7 86 1 8.ece
The Hindu

www.thehindu.com/business/markets/sensex-gains-265-points-on-rate-cut-hopes/article4478618.ece?css=print

2/2

3/5/13

Dow closes at record high - Mar. 5, 2013

Dow closes at record high


By Hibah Yousuf @CNNMoneyInvest March 5, 2013: 4:29 PM ET

Click chart for more market data.

NEW YORK (CNNMoney)

The Dow Jones industrial average rallied to a new record high Tuesday.
The Dow climbed more than 125 points to close at a record high of 14,253.77, topping the prior record set in October 2007.
Earlier, the blue chip index climbed to an intraday record of 14,286.37.
The S&P 500 added 15 points and finished at its highest level since October 2007 and is now only about 2% away from its record
closing high.
"We're back to the highest levels in history, but we've got more things going for the economy and the market than we did last
time," said Art Hogan, managing director at Lazard Capital.
Back in 2007, the economy was on the verge of winding down and heading into a tailspin, he said, whereas now it's continuing to
improve, albeit slowly.
Related: Dow record? Who cares? Economy still stinks!

Stocks are also cheaper now. They were trading at 17 times earnings estimates in 2007. Currently, stocks are valued at about 14
times earnings estimates for 2013.
Plus, both consumers and businesses have more cash and less debt, said Hogan.
Still, not all stocks are at record highs. The Nasdaq, which rose more than 42 points Tuesday, is nearly 40% below its all-time
highs that were set in March 2000, prior to the collapse of the dotcom bubble. The Nasdaq is trading at its highest level since
November 2000 though.
Related: Fear & Greed index firmly in greed

While Hogan expects stocks will continue to head higher, there are likely to be some bumps along the way.
It's possible that investors will take a break from buying, he said, adding that with the Dow up 9% year-to-date, it wouldn't be
abnormal to see stocks move sideways or decline.
Concerns over Europe, particularly the Italian elections, and the ongoing budget drama in Washington, could serve as catalysts
for a brief slide.
But a pullback could also be healthy and short-lived. Hogan noted that recent moves downward have been met with more
money.cnn.com/2013/03/05/investing/stocks-markets/index.html?iid=HP_LN

1/3

3/5/13

Dow closes at record high - Mar. 5, 2013

buyers.
"There's a lot of money on the sidelines waiting to get involved in the market, but those investors feel like after the recent move
up, they need a pullback before they get in," he said.
To that end, individual investors have put just $21 billion to U.S. stock mutual funds this year, a relatively small amount given
that they pulled more than $500 billion out from stock funds since the financial crisis.
Related: The myth of the Great Rotation

Moreover, as long as central banks around the world continue to support the global economy and financial markets, the bull run
that began when the market bottomed in March 2009 is likely to keep going, said Hogan.
"Supportive monetary policy is going to be with us for a while," he said. "Central banks, including the Federal Reserve, have
made it clear that they won't tighten their policies until economies are self-sustaining, with higher employment and low
inflation."
Later this week, central banks in Europe, Japan and the U.K. are scheduled to meet. All of them are expected to give more
promises of support the for world's major economies.
On the economic front Tuesday, the Institute for Supply Management's monthly index on service sector business activity rose
to 56 in February, a slight improvement from 55.2 the prior month. Economists were forecasting a reading of 55.4.
In corporate news, JC Penney's ( JCP, Fortune 500) shares tumbled more than 10% after Vornado Realty Trust, one of the
retailer's biggest shareholders, reportedly dumped 40% of its stake. The struggling retailer is in the third week of a court battle
with Macy's ( M, Fortune 500) claims that Martha Stewart Living Omnimedia ( MSO) violated a previous agreement with
Macy's in entering into a new partnership with J.C. Penney.
Genworth Financial Inc. (

GNW, Fortune 500) shares rose on rumors that the company is planning a sale.

Apple ( AAPL, Fortune 500), which hit a new 52-week low on Monday, enjoyed a bounce with the broader market. Shares rose
more than 2% Tuesday, but the stock is still down nearly 20% this year. Meanwhile, Google ( GOOG, Fortune 500) closed at a
new record high.
After the market close, gun maker Smith & Wesson Holding Co ( SWHC) said its earnings more than tripled in the most recent
quarter. The nation's second-biggest publicly traded gun company also raised its outlook for gun sales this year, sending shares
higher in after-hours trading. Gun sales have surged in recent months amid speculation about new gun control laws.
European markets ended higher, while Asian markets also ended with gains after Chinese Premier Wen Jiabao announced the
government will carry a larger deficit in 2013 to help the world's No. 2 economy reach its goal of 7.5% growth this year.
The dollar fell against the euro, the British pound and the Japanese yen.
Oil and gold prices edged higher.
The price on the 10-year Treasury declined, pushing the yield up to 1.90% from 1.88% late Monday.

First Published: March 5, 2013: 9:52 AM ET

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Dow Smashes All-Time High as World Economy Perks Up | Fox Business


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FOX Business: Capitalism Lives Here

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The Dow shattered the record high it set in October 2007 Tuesday in

Shar e

the latest sign Wall Street is putting the worst financial crisis since the

0 Com m ents

Great Depression behind it.

Like

169

Today's Markets
Tw eet

20

Shar e

The Dow Jones Industrial Average climbed 126 points, or 0.89%, to


14254, the S&P 500 gained 14.6 points, or 0.96%, to 1540 and the
Nasdaq Composite rose 42.1 points, or 1.3%, to 3224.

1 Dow Rallie s to Ne w Record


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Survey: Online Shoppers Not Enticed by


Same-Day Delivery
See all tr ends

The Dow managed to knock out its record closing and intraday high in
ten minutes of trading Tuesday, climbing above the 14198.10 level for
the first time ever. The blue-chip average has been on a wild ride

INVESTING

Mor e Stor ies

since it last hit record levels. In March 2009, during the depths of the
worst financial crisis since the Great Depression, it plunged as low as
6547.05. It has taken numerous sizeable falls since then, too, notably
during the U.S. debt-ceiling debacle in the summer of 2011.

How to Invest Like a Hedge Fund

"Its been a tough four years," said David Bianco, chief U.S. equity

Dow Shatter s All-Tim e High, Now What?

strategist at Deutsche Bank, "but the market has finally recovered."

Mor tgage Ins ur er s Rally on Bar clay's Upgr ades

Bianco pointed to several factors for the recent move up on Wall


www.foxbusiness.com/markets/2013/03/05/dow-smahes-all-time-high-as-world-economy-perks-up/

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3/5/13

Dow Smashes All-Time High as World Economy Perks Up | Fox Business

Street, including a calming of the eurozone debt crisis, and

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QCOM
QUALCOMM INC...

acceleration in Asian economies. He also said sequestration, while a


67.97
+1.34

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short-term economic drag, has also lessened the likelihood of another


downgrade on U.S. debt.

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FOX50

+1.00%

FOX 50 INDEX

Today

GS

+0.51%

THE GOLDMAN S...

The broader, and more closely watched, S&P is still about 2% away
from its record high of 1565.15. Bianco expects that market
barometer to climb up to record levels in April or May.

MSFT

Still, not all analysts struck a bullish tone.

+0.71%

MICROSOFT COR...

Today

GOOG

+2.08%

GOOGLE INC.

Morning Business Outlook:


3/5/13

Today

XOM

EXXONMOBIL CO...

Today

+0.74%
Today

1,113.25
5:33 PM

152.96
4:00 PM

28.35
4:00 PM

838.60
4:00 PM

89.61
4:00 PM

"New Dow highs will certainly make headlines across the country but
we simply dont believe that those headlines will lure in retail investors
that have proven hesitant despite the equity markets rally over the last
Eurozone PMI Ignored as
Global Markets Rise
Tuesday

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several years," wrote Dan Greenhaus, chief global strategist at BTIG,


in an email. "One headline, (no) matter how powerful, shouldnt
overwhelm the psychological damage done to investors over the last
twelve years."
Every major sector was in the green on Tuesday. Cyclical sectors, like
industrials, technology and consumer discretionary retailers,
performed best. On the other end of the spectrum were defensive
players, like utilities and consumer staples. Volatility pulled back more
than 4%, as tracked by the CBOE's VIX. Traders also ditched
Treasury bonds, sending the yield on the 10-year rising 0.016percentage point to 1.897%.
Economic Data Lift Sentiment
The Institute for Supply Management's gauge of service sector activity
rose to 56 in February from 55.2 in January, topping expectations of a
reading of 55. Readings above 50 point to expansion, while those
below point to contraction.
Meanwhile, retail sales across the eurozone climbed 1.2% in January
from December, following a 0.8% decline the month before. The
composite purchasing manager's index for the 17-member currency
bloc was also revised up slightly to 47.9 for February from an initial
estimate of 47.3 -- indicating the pace of contraction was slightly
slower than expected.
Elsewhere, oil prices edged up after slipping below the $90 a barrel
mark for the first time this year on Monday. The benchmark contract
rose 70 cents, or 0.78%, to $90.82 a barrel. Wholesale New York
Harbor gasoline gained 1.6% to $3.148 a gallon. Gold advanced
$2.50, or 0.16%, to $1,575 a troy ounce.
In corporate news, Qualcomm (QCOM) boosted its quarterly
dividend 40% to 35 cents and unveiled a $5 billion share buyback
plan to replace its $4 billion plan.

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Dow Smashes All-Time High as World Economy Perks Up | Fox Business

Foreign Markets
The Euro Stoxx 50 jumped 2.4% to 2683, the English FTSE 100
climbed 1.4% to 6432 and the German DAX soared 2.3% to 7870.
In Asia, the Japanese Nikkei 225 edged up 0.27% to 11683 and the
Chinese Hang Seng inched higher by 0.1% to 22561.
Follow Adam Samson on Twitter @adamsamson.
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3/6/13

Sensex rises 109 points - The Hindu

Business Markets
Published: March 6, 2013 16:54 IST | Updated: March 6, 2013 18:42 IST

Sensex rises 109 points


PTI

Brokers said the rate-sensitive stocks rose on expectations that the RBI might cut interest rates in its policy meeting this month

The Hindu

The BSE benchmark Sensex on Wednesday closed 109 points higher led by buying mainly in stocks of realty, capital
goods, IT and banking sectors amid a firming global trend.
Rising for the second straight day, the Sensex ended 109.44 points, or 0.57 per cent, up to close at 19,252.61. The
index had gained 265 points in the previous session.
Similarly, the broad-based National Stock Exchange index Nifty rose by 34.35 points, or 0.59 per cent, to 5,818.60.
Brokers said the rate-sensitive stocks rose on expectations that the RBI might cut interest rates in its policy meeting
this month.
They said IT stocks rose as investors felt a weak rupee and a rally in global markets might increase revenue of software
companies, which get over 60 per cent business from the US and Europe.
The two most heavy with their nearly 16 per cent weightage on the Sensex were Reliance Industries and Infosys
spurted by 1.03 per cent to Rs 834.80 and 1.56 per cent to Rs 2,966.45, respectively.
Another index-linked Larsen and Toubro advanced by 2.86 per cent to Rs 1,433.70 after Goldman Sachs joined
Nomura Holdings and Jefferies India to raise the stocks rating.
In 30-BSE index components, 18 stocks gained while 12 ended with losses. The Realty sector gained the most by 4.52
per cent to 2,034.94 as DLF spurted by 3.81 per cent to Rs 269.55.
The capital goods index was the second best performer by rising 2.47 per cent to 9,525.41 followed by metal index by
2.20 per cent to 9,329.08. IT sector index rose by 1.32 per cent to 6,944.59 and Banking index by 0.65 per cent to
www.thehindu.com/business/markets/sensex-rises-109-points/article4481793.ece?css=print

1/2

3/6/13

Sensex rises 109 points - The Hindu

13,616.18.
Keywords: Sensex, BSE, NSE, Nifty, Indian stock markets, closing trade
Printable v ersion | Mar 7 , 2 01 3 6:3 7 :1 9 AM | http://www.thehindu.com /business/m arkets/sensex-rises-1 09 -points/article4 4 81 7 93 .ece
The Hindu

www.thehindu.com/business/markets/sensex-rises-109-points/article4481793.ece?css=print

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3/6/13

Dow Climbs Deeper Into Record Territory | Fox Business


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Logging its fourth-straight advance, the blue-chip average set another

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0 Com m ents

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The Dow Jones Industrial Average climbed 42.5 points, or 0.3%, to


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The broader, and more closely-watched, S&P 500 still has 1.6% to go
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Seven of 30 Dow components ended the day up by more than 1%.
Bank of America (BAC) led the charge higher, followed by HewlettPackard (HPQ) and Alcoa (AA). IBM (IBM) posted slimmer gains,
but contributed the most points to the price-weighted index. On the
other end of the spectrum, Microsoft (MSFT), AT&T (T) and Verizon
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3/6/13

Dow Climbs Deeper Into Record Territory | Fox Business

The focus shifted to the U.S. labor market Wednesday. The ADP

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The all-important monthly jobs report from the Labor Department is on


tap for Friday. It is forecast that the economy added 160,000 jobs in
February, with the unemployment rate holding steady at 7.9%. Ellen
Zentner, an economist at Nomura, said in a note to clients that the
strong ADP print adds "upside risk that (Labor's) private payrolls will
overshoot the consensus expectation."
Separately, the Commerce Department said factory orders slumped

208.38
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2% in January from the month before, which came in slightly shallower


than estimates of a 2.2% drop. Excluding the transportation segment,
orders were up 1.3%.
Meanwhile, the Federal Reserve said the U.S. economy is growing at
a modest to moderate pace across its 12 districts in its anecdotal
Beige Book report. The central bank also said the labor market
continued improving in most districts, although hiring plans were
limited in certain areas.
In commodities, oil priced slipped. The benchmark U.S. contract fell
39 cents, or 0.43%, to $90.43 a barrel. Wholesale New York Harbor
gasoline slumped 0.75% to $3.125 a gallon. Gold rose $3.30, or
0.21%, to $1,578 a troy ounce.
In corporate news, the European Union fined Microsoft (MSFT) $732
million for not offering consumers sufficient choice in Web browsers
on its Windows operating system.
Citigroup slashed its rating on J.C. Penney (JCP) to "neutral" from
"buy" and cut its price target $7 to $15. Nasdaq OMX Group
(NDAQ) said it would form a joint venture with SharePost to form a
marketplace for private companies.
Foreign Markets
The Euro Stoxx 50 fell 0.12% to 2679, the English FTSE 100 dipped
0.07% to 6428 and the German DAX rose 0.62% to 7919.

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3/6/13

Dow Climbs Deeper Into Record Territory | Fox Business

In Asia, the Japanese Nikkei 225 surged 2.1% to 11932 and the
Chinese Hang Seng jumped 1% to 22778.
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3/6/13

Dow climbs further into record territory - Mar. 6, 2013

Dow marches to another new high


By Ben Rooney @CNNMoneyInvest March 6, 2013: 4:56 PM ET

Click for more market data.

NEW YORK (CNNMoney)

One day after hitting a new all-time high, the Dow gained more ground Wednesday as investors welcomed signs of strength in
the U.S. job market.
The Dow Jones industrial average rose 0.3%, to end at a new record high of 14,296.39. The S&P 500 gained 0.1%. The S&P 500 is
now only about 1.3% away from its record high, set in October 2007.
The Nasdaq, however, was little changed for the day. Shares of Staples (
office supplies retailer cut its sales outlook.

SPLS, Fortune 500) weighed on the index after the

The rally has been driven by improved economic data in the United States, said Bill Stone, chief investment strategist for PNC
Wealth Management.
"There's more and more confidence that the economy is on firmer footing," he said. "It's not growing fast, but it's not about to
fall off a cliff either."
Wednesday's better-than-expected report from payroll processing firm ADP raised hopes that Friday's all-important monthly
jobs report from the Labor Department would be a strong one. Economists surveyed by CNNMoney expect a gain of 175,000
jobs in February.
But recent readings on investor sentiment have been mixed, suggesting the market could be headed for a pullback, said Stone.
"There is some concern that it's precarious because we've come so far so fast," he said.
The Dow has gained 9% so far this year, while the S&P 500 is up more than 8%.
Related: Actually, the real Dow is still 11% below its record

Meanwhile, the market has also been supported by the Federal Reserve's stimulus measures, which have pushed interest rates
down and made stocks more attractive.
"The U.S. is leading the pack in the recovery due to extraordinary levels of fiscal and monetary stimulus," wrote Deutsche Bank
strategist Jim Reid in a research note.

money.cnn.com/2013/03/06/investing/stocks-markets/index.html?iid=HP_LN

1/2

3/6/13

Dow climbs further into record territory - Mar. 6, 2013

In the latest edition of its Beige Book, the Fed said Wednesday that economic activity across its 12 districts expanded at a
"modest to moderate pace" since it released the last edition in January. Fed officials, including chairman Ben Bernanke, have
signaled that the central bank will continue to buy assets even as the economy improves.
After bottoming in March 2009, stocks have risen steadily as investors were drawn back into the market by attractive
valuations. Analysts say stocks are still relatively cheap compared with earnings expectations, but bargains could be harder to
come by as prices continue to rise.
Related: Bad timing? Investors yanked $1.1 billion from stocks

On the corporate front, shares of Hovnanian ( HOV) fell 2% after the homebuilder said it lost a worse-than-expected $11.3
million, or 8 cents per share, in the most recent quarter. Despite the latest results, Hovnanian said it expects to return to
profitability this year.
Also, the European Union fined Microsoft ( MSFT, Fortune 500) 561 million, or about $730 million, for failing to provide
users of Windows 7 with a choice of Internet browsers.
Related: Fear & Greed index inching toward extreme greed

Shares of Smith & Wesson (

SWHC) declined, despite the gunmaker's strong third quarter earnings.

JC Penney's ( JCP, Fortune 500) shares extended Tuesday's after the Wall Street Journal reported that some shareholders
may start pushing for a new CEO if sales continue to slide. The struggling retailer is also in the third week of a court battle with
Macy's ( M, Fortune 500), which claims that Martha Stewart Living Omnimedia ( MSO) violated a previous agreement by
entering into a new partnership with J.C. Penney.
South Korean electronics company Samsung agreed to take a 3% stake in Japanese company Sharp.
European markets advanced, with indexes closing at their highest points in more than a year. Germany's DAX led the way. Asian
markets also ended higher. The Shanghai Composite added 0.9%, the Hang Seng increased 1% and Japan's Nikkei rose 2.1%.
Oil prices were down slightly as the U.S. dollar strengthened. Analysts say the death of Venezuelan leader Hugo Chavez will not
impact the nation's oil production.
Gold prices edged higher. The yield on the 10-year Treasury note rose to 1.94% from 1.89% on Tuesday.

First Published: March 6, 2013: 9:41 AM ET

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3/7/13

Sensex at two-week high - The Hindu

Business Markets
Published: March 7, 2013 17:09 IST | Updated: March 7, 2013 20:45 IST

Sensex at two-week high


PTI

The BSE benchmark Sensex on Thursday surged by nearly 161 points to a two-week high of 19,413.54 as shares of
Infosys and Tata Consultancy Services climbed to record high levels on optimism the US will soon be back on growth
track.
After a lower start, the Sensex spurted by 160.93 points, or 0.84 per cent to 19,413.54. The gauge has gained 536
points in three sessions.
The broad-based National Stock Exchange index Nifty rose by 44.70 points to 5,863.30, after opening lower at
5,801.30.
Infosys surged 1.29 per cent to Rs 3,004.75, its highest level after March, 2011 and Tata Consultancy Services closed at
a new high by adding 2.10 per cent to end at Rs 1,590.45.
Engineering major L&T shot up by 2.08 per cent to Rs 1,463.45, continuing its rise after CLSA Asia-Pacific Markets
upgraded rating on the counter today. Goldman Sachs had upgraded the stock on Monday.
Brokers said besides momentum in interest-rate sensitive stocks ahead of the RBIs policy review this month on hopes
of a rate cut, stocks of software companies surged on hopes of a recovery in the US growth and a better Europan trend
before central bank policy meetings in the region.
In 30-BSE index components, 20 stocks climbed while 10 ended lower. The realty sector index gained the most by
1.68 per cent to 2,069.08, followed by IT index by 1.66 per cent to 7,059.60. The capital goods index rose by 1.59 per
cent to 9,676.88 and banking index by 0.86 per cent to 13,733.93.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | Mar 8, 2 01 3 3 :05:4 9 AM | http://www.thehindu.com /business/m arkets/sensex-at-twoweek-high/article4 4 84 693 .ece
The Hindu

www.thehindu.com/business/markets/sensex-at-twoweek-high/article4484693.ece?css=print

1/2

3/7/13

Dow continues record run - Mar. 7, 2013

Dow continues record run


By Hibah Yousuf @CNNMoneyInvest March 7, 2013: 4:17 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

The Dow finished at a new record Thursday, as the blue chip index and the S&P 500 advanced for a fifth straight day.
The Dow Jones industrial average rose 0.2%, reaching a record high of 14,329.49. Earlier in the day, the Dow also climbed to an
intraday all-time high of 14,354.69.
The S&P 500, now just 2% away from its all-time high, rose 0.2%, while the Nasdaq increased 0.3%.
The recent rally has been driven by a series of strong economic reports, particularly related to the job market and
manufacturing, said Marc Chandler, strategist for Brown Brothers Harriman.
The U.S. economy has proven itself "fairly resistant to the fiscal cliff and the sequester," he said.
Ahead of Thursday's open, the Department of Labor reported that initial jobless claims fell to 340,000 last week. That was down
from an upwardly revised tally of 347,000 the prior week and lower than the 350,000 forecast economists had expected.
This week's report on private-sector job growth from payroll processing firm ADP was also better than expected, raising hopes
that Friday's February jobs report, due before the opening bell, would also be strong.
Economists surveyed by CNNMoney expect a gain of 170,000 jobs for the month.
Related: Betting on boring stocks pays off

Meanwhile, earnings season is winding down with a smattering of companies still reporting.
SolarCity ( SCTY) shares sank 14% after the company missed earnings estimates. Online music streaming firm Pandora Media
( P) reports after the market close.
In other corporate news, Time Warner ( TWX, Fortune 500), which owns CNNMoney, announced plans late Wednesday to
spin off its Time Inc. magazine business into a separate publicly traded company. Shares of rival publisher Meredith ( MDP),
which was previously in talks to buy most of the the Time Inc. brands, tumbled 6%.
Gap ( GPS, Fortune 500) shares jumped 4% after the company said its global same-stores sales rose 3% in February, topping
expectations.

money.cnn.com/2013/03/07/investing/stocks-markets/index.html?iid=HP_LN

1/2

3/7/13

Dow continues record run - Mar. 7, 2013

Related: Fear & Greed Index edging toward extreme greed

European markets finished higher, after the European Central Bank and the Bank of England announced they would keep their
rates unchanged. Both moves were widely expected.
ECB President Mario Draghi also said the central bank's stance would remain "accommodative" for as long as necessary, and the
bank was considering whether it could do anything more to make lenders less risk averse.
Asian markets ended mixed. The Shanghai Composite lost 1%, the Hang Seng was flat and Japan's Nikkei rose 0.3%.
The dollar fell versus the euro and the British pound, but rose versus the Japanese yen.
Oil and gold prices advanced slightly.
The price on the 10-year Treasury fell, pushing the yield up to 1.99% from 1.94% late Wednesday.

First Published: March 7, 2013: 9:42 AM ET

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3/7/13

Dow Logs Another Record High as Stocks Advance | Fox Business


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FOX Business: Capitalism Lives Here

Pr int
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The blue-chip average notched a record closing high for the third day

Shar e

in a row Thursday as traders digested a smattering of data and

0 Com m ents

braced for the monthly jobs report.

Like
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1 Paul Ry an's Budge t to


Balance by 2023
2 Report: J.C. Penney Cuts
Another 1,500 Jobs

Today's Markets

3 NTSB Hasn't Found Root Cause of


787 Battery Fire

According to preliminary calculations, the Dow Jones Industrial

4 FAA likely to approve Boeing 787


battery plan in days: sources

Average climbed 33.25 points, or 0.23%, to 14329.64, the S&P 500


rose 2.85 points, or 0.18%, to 1544.31 and the Nasdaq Composite
gained 9.73 points, or 0.30%, 3232.09.

U.S. safety board says w ill issue report on


Boeing 787 probe Thursday
See all tr ends

The benchmark average once again landed at levels unseen since


October 2007 as Wall Street continues its recovery from the financial

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Mor e Stor ies

crisis. The broader markets have made moves higher as well,


although, the broad S&P 500 struggled to pick up momentum on
Wednesday. It is trading at five-year highs, but still has roughly 1.5%
to go before hitting its record.

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3/7/13

Dow Logs Another Record High as Stocks Advance | Fox Business

The gains were fairly broad-based on the day, with economically-

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struggled.
Echoing that trend, Bank of America (BAC) was the best-performing
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(JPM) and Alcoa (AA).
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GOOG

+0.15%

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1,117.46
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156.62
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832.60
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88.71
4:01 PM

kicked off the day by holding its benchmark interest rate and the size
50.63
+0.60

of its quantitative easing program steady, as expected. The European


Central Bank also held its main rate steady.
The ECB has been one of the leading public institutions aiming to dull
the eurozone's debt crisis by holding interest rates low and utilizing
several special lending programs to help banks across the 17member currency bloc.
On the U.S. front, the U.S. trade deficit widened to $44.5 billion in
January from $38.1 billion in December. Economists expected the
gap to increase to $42.6 billion. The trade gap figures directly into
calculations of first-quarter gross domestic product -- the larger the
deficit, the more it drags down growth. Indeed, Barclays chopped
down its forecast for first-quarter economic growth 0.2-percentage
point to 1.6% on the data.
Meanwhile, global outplacement consultancy Challenger, Gray &
Christmas said employers cut 55,356 jobs in February, up 37% from
40,430 in January. Planned job cuts were up 7% from the same month
in 2012. The Labor Department reports weekly jobless claims fell
7,000 to 340,000, declining for a second straight week. Economists
expected claims to rise to 355,000. Continuing claims rose to 3.094
million from 3.091 million the week prior.
The all-important monthly employment report for the month of February
is slated to be released on Friday.
In corporate news, Time Warner (TWX) said it would spin off Time,
Inc., one of the biggest American publishing companies, into its own
publicly-traded company. Royal Bank of Scotland (RBS) said its
banking services were "disrupted" overnight, but fixed by Thursday
morning New York time.
Oil Rallies

www.foxbusiness.com/markets/2013/03/07/dow-logs-another-record-high-as-stocks-advance/

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3/7/13

Dow Logs Another Record High as Stocks Advance | Fox Business

Oil prices rallied on the day. The benchmark U.S. contract climbed
$1.13, 1.3%, to $91.56 a barrel. Wholesale New York Harbor
gasoline fell 0.04% to $3.123 a gallon. Gold climbed 20 cents, or
0.01%, to $1,575 a troy an ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.41% to 2691, the English FTSE 100 rose
0.18% to 6439 and the German DAX inched up 0.26% to 7940.
In Asia, the Japanese Nikkei 225 edged up 0.3% to 11968 and the
Chinese Hang Seng slipped 0.03% to 11968.
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Dow Logs Another Record High as


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Thursday as traders digested a
smattering of data and braced for the
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Dow Logs Another Record High as Stocks Advance | Fox Business

For bes Tam ny: Incom e Inequality Is Beautiful

Stock s Hold Modes t Gains ; U.S. Silica Hits New High

Yes , Stock s Really Ar e at a Recor d High After Inflation

Wealthy Hous eholds Keep Cons um er Sector Afloat

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4/4

3/8/13

Sensex gains 125 points on sustained buying - The Hindu

Business Markets
Published: March 8, 2013 09:51 IST | Updated: March 8, 2013 09:51 IST

Sensex gains 125 points on sustained buying


PTI

The BSE benchmark index Sensex rose over 125 points in early trade on Friday on sustained buying by funds and
retail investors amid a firming trend in Asian markets.
Continuing its rising streak for the fourth straight session, the 30-share index rose by 125.27 points, or 0.65 per cent,
to 19,538.81 points. The index had gained 535.58 points in the previous three sessions.
Stocks of oil and gas, consumer durables and banking sectors led the rally.
The wide-based Nifty of the National Stock Exchange regained 5,900 points level by rising 40.85 points, or 0.69 per
cent, to 5,904.15.
Brokers said continued buying by funds and retail investors on hopes that the Reserve Bank of India may announce a
rate cut in its policy review later this month and a firming trend on the other Asian bourses, influenced the trading
sentiment here.
In the Asian region, Hong Kongs Hang Seng Index rose by 1.07 per cent, while Japans Nikkei was higher by 2.17 per
cent in the morning trade on Friday. The U.S. Dow Jones Industrial Average gained 0.23 per cent to close at fresh
record high in Thursdays trade.
Keywords: Sensex, BSE, Nifty, NSE, India stock markets, opening trade
Printable v ersion | Mar 9, 2 01 3 9:1 8:2 6 AM | http://www.thehindu.com /business/m arkets/sensex-gains-1 2 5-points-on-sustained-buy ing/article4 4 87 52 3 .ece
The Hindu

www.thehindu.com/business/markets/sensex-gains-125-points-on-sustained-buying/article4487523.ece?css=print

1/1

3/8/13

Stocks end 2nd best week of 2013 - Mar. 8, 2013

Stocks end 2nd best week of 2013


By Maureen Farrell @CNNMoneyInvest March 8, 2013: 4:21 PM ET

Click chart for more market data.

NEW YORK (CNNMoney)

Stocks wrapped up one of the best weeks of the year. The Dow Jones industrial average and S&P 500 closed higher for the sixth
straight trading day and ended the week up more than 2%.
The Dow has closed at record highs for four consecutive days, and the S&P 500 is only about 1% below its all-time high. On
Friday, the Dow gained 0.5%. The Nasdaq and S&P 500 also rose about 0.4%.
Friday's robust jobs report capped off a string of positive labor reports that have given investors reason to believe the economy
is finally on firmer footing.
The U.S. government reported early Friday that 236,000 jobs were added to the economy in February, and the unemployment
rate dropped to 7.7%. The employment gains beat analysts' forecasts by a wide margin.
"The employment numbers offered some confirmation that the economy is getting better," said Giri Cherukuri, a portfolio
manager at Oakbrook Investments. As long as economic data continue to show the recovery is gaining steam, Cherukuri bets
that stocks will keep marching higher.
All three major indexes are already up between 7% and 10% so far this year.
Related: Betting on boring stocks pays off

The Dow's records come just ahead of the fourth anniversary of the market's bottom following the financial crisis.
Frank Davis, director of trading at LEK Securities, is "cautiously optimistic" that stocks will keep going up, but said he expects
the pace of the gains to slow down.
In corporate news, online music streaming firm Pandora Media ( P) reported better-than-expected quarterly sales and
announced that its CEO will be stepping down. Pandora's shares soared 18%.
Athletic shoe retailer Foot Locker (
But its stock fell more than 7%.

FL, Fortune 500) reported a significant increase in sales and profit for the fourth quarter.

Citigroup's ( C, Fortune 500) shares gained nearly 4%, after the Fed released results from its stress tests. The Fed said Citi
was the big bank best prepared to weather another recession.
money.cnn.com/2013/03/08/investing/stocks-markets/index.html?hpt=hp_t3

1/2

3/8/13

Stocks end 2nd best week of 2013 - Mar. 8, 2013

Morgan Stanley ( MS, Fortune 500), JPMorgan Chase (


passed the stress tests, but shares of all three banks fell.

JPM, Fortune 500) and Goldman Sach (

GS, Fortune 500)s also

Shares of Skullcandy ( SKUL) sank more than 20% after the headphone maker forecast a 30% drop in sales and said it expects
to post a loss for the current quarter.
Herbalife (
company.

HLF) shares edged higher after activist investor Carl Icahn increased his stake in the nutritional supplement

Shares of Royal Caribbean Cruises Ltd (


during a Caribbean cruise.

RCL) sank 3%, after the cruise operator revealed that more than 100 passengers fell ill

Related: Fear & Greed Index is in extreme greed

European markets closed up between 0.6% and 1.6%, fueled by the U.S. jobs data.
Asian markets ended mixed. The Shanghai Composite lost 0.2% and the Hang Seng added 1.4%. Japan's Nikkei increased 2.6%
after the yen extended losses, and revised data showed the country's economy has pulled out of a shallow recession.
The dollar rose against the euro, the British pound, and the Japanese yen.
Oil prices dropped, while gold prices moved slightly higher.
The price on the 10-year Treasury fell, pushing the yield up to 2.06% from 1.99% Thursday.

First Published: March 8, 2013: 9:42 AM ET

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2/2

3/11/13

Dow ends at record high for fifth day - Mar. 11, 2013

Dow ends at record high for fifth day


By Ben Rooney @CNNMoneyInvest March 11, 2013: 4:14 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks continued their record run Monday as hopes that lawmakers would pass a budget added to the recent enthusiasm.
The Dow Jones Industrial Average climbed 0.3%, closing at a record high for the fifth consecutive trading day. The S&P 500
gained 0.3% and is less than 10 points away from its all-time closing high. The Nasdaq added 0.2%.
Both the Dow and S&P 500 have risen for seven consecutive trading days.
Stocks have been supported by better-than-expected economic data and signs the Federal Reserve will keep its stimulus
policies in place for some time.
Investors have shrugged off federal spending cuts that went into effect this month, and seem optimistic that Congress will pass
a budget before a March 27 legislative deadline.
"It looks like we might actually get a budget this year," said Charlie Smith, chief investment officer at Fort Pitt Capital Group.
Smith said his firm is in the process of shifting from "playing defense to offense." But he was cautious about the outlook for
corporate earnings.
All three major indexes are already up between 9% and 10% this year.
Related: Bank stocks still 50% below all-time highs

Stocks could continue to move higher as investors regain their appetite for risk, but the bull market is vulnerable to a pullback,
noted John Stoltzfus, chief market strategist at Oppenheimer.
"At some point, likely sooner than later, a piece of negative news or some data point will trip the bull up," Stoltzfus wrote in his
weekly note to clients.
Historically, stocks have been flat to modestly lower two months after hitting a record high, according to BTIG chief global
strategist Dan Greenhaus. That might not be too bad, considering stocks have gained roughly 15% from the lows hit last
November, he added.
There were no major economic reports released Monday, but retail sales data, due Wednesday, could move the market.

money.cnn.com/2013/03/11/investing/stocks-markets/index.html?iid=HP_LN

1/2

3/11/13

Dow ends at record high for fifth day - Mar. 11, 2013

Investors are keen to see whether the increased payroll tax, delayed tax refunds and higher gas prices have caused consumers to
pull back on spending. February sales are expected to have risen 0.5%, according to economists polled by Briefing.com.
Wal-Mart (

WMT, Fortune 500) warned last month that its February sales had been softer than expected.

On the corporate front Monday, shares of Dick's Sporting Goods ( DKS, Fortune 500) fell more than 10% after the retailer
reported earnings and sales that fell short of forecasts. The company also said it expected a sharp slowdown in same-store sales
for the first quarter.
Shares of BlackBerry ( BBRY) rallied nearly 14% as enthusiasm over the upcoming debut of its latest smartphone, the Z10,
grew. AT&T ( T, Fortune 500) said it would begin pre-orders on Tuesday.
Billionaire investor Carl Icahn signed a confidentiality agreement with Dell ( DELL, Fortune 500)to review the PC maker's
financial information, a move that could head off a showdown over Michael Dell's buyout.
Shares of Genworth Financial (
General Electric (

GNW, Fortune 500) rose 6% after an article in Barron's called the stock undervalued.

GE, Fortune 500) named former SEC chairman Mary Schapiro to its board of directors.

Related: Fear & Greed index moves deeper into extreme greed

Overseas, markets in Europe and Asia ended mixed.


The Nikkei rose modestly, extending this year's big rally. Japanese stocks have outperformed this year as investors welcome
Tokyo's efforts to stimulate economic growth. But shares in China ended lower, dragged down by concerns over Chinese
manufacturing.
The dollar rose against the British pound and the Japanese yen, but fell against the euro.
Oil prices dropped, while gold prices moved slightly higher.
The price on the 10-year Treasury edged lower, pushing the yield up to 2.06%.

First Published: March 11, 2013: 9:41 AM ET

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3/11/13

Wall Street Extends Winning Streak to Seven Days | Fox Business


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The markets climbed on Monday, with the Dow and S&P 500 both

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According to preliminary calculations, the Dow Jones Industrial


Average rose 50.2 points, or 0.35%, to 14447, the S&P 500 climbed
5 points, or 0.32%, to 1556 and the Nasdaq Composite gained 8.5
points, or 0.26%, to 3253.

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prom ise s orde r bonanza for
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2 Gun Makers Packing Their Bags
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3 EU worried by Hungary's changes to
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4 Hungary, defying EU, pushes on w ith
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Afte r Weak Open, Stocks Continue Push


Higher

The blue-chip average posted its third-straight week of gains last

See all tr ends

week, topping a record high set in 2007. Meanwhile, the broader S&P
500 extended its winning streak to two weeks and moved within 0.9%

INVESTING

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of its all-time peak.


Sentiment across world trading desks was slightly less optimistic as
the new week kicked off. Markets in Asia were mixed, while European
bourses were broadly lower. However, U.S. markets were able to
shake off those worries.

www.foxbusiness.com/markets/2013/03/11/wall-street-extends-winning-streak-to-seven-days/

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Wall Street Extends Winning Streak to Seven Days | Fox Business

The financial, health-care, utility and industrial sectors fared the best
on the day, while telecommunications, energy and technology
generally lagged. Volatility continued its journey lower, with the
CBOE's VIX sliding more than 7%.
The yields on benchmark U.S. Treasuy bonds were up modestly as
traders continued moving into equities. The 10-year yield climbed

ICE to Launch Cr edit-Default Futur es in May

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FOX50

+0.35%

FOX 50 INDEX

Today

GS

+0.18%

THE GOLDMAN S...

Today

0.016-percentage point to 2.058%.

MSFT

MICROSOFT COR...

Today

Data released over the weekend showed China's industrial output

GOOG

+0.38%

growing at an annual pace of 9.9% in the first two months of the year,
slower than the 10.5% economists expected. Retail sales expanded

GOOGLE INC.

XOM

EXXONMOBIL CO...

-0.50%

Today

+0.26%
Today

1,125.18
4:14 PM

153.26
3:59 PM

27.86
3:59 PM

834.71
3:59 PM

89.20
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at a rate of 12.3%, also coming in shy of forecasts of 15.2%. China is


the world's second-biggest economy, and while growth has remained
robust, there have been concerns that it could cool dramatically as the
global economy struggles.
Fitch sliced Italy's long-term credit rating one notch from "A-" to
"BBB+" with a negative outlook in the middle of the U.S. session on
Friday. European markets were already closed at the time, so traders
there had their first chance to respond Monday. Italy's benchmark
stock-market index sold off by 1%.
The downgrade "illustrates the [European Central Bank's] lack of
control over elements in the matrix of risks assessed by investors and
rating agencies," Guy Mandy, an analyst at Nomura wrote to clients
over the weekend. The ECB was able to calm embattled eurozone
debt markets by saying it is prepared to do whatever it takes to keep
borrowing costs from spiking last fall.
Energy futures ended mixed after a choppy session. The benchmark
U.S. crude oil contract climbed 11 cents, or 0.12%, to $92.06 a barrel.
Wholesale New York Harbor gasoline sold off by 1.6% to $3.152 a
gallon. In metals, gold ticked up by $1.10, or 0.07%, to $1,578 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 dropped 0.37% to 2719, the English FTSE 100
rose 0.31% to 6504 and the German DAX slipped 0.03% to 7984.
In Asia, the Japanese Nikkei 225 gained 0.53% to 12349 and the
Chinese Hang Seng was essentially unchanged at 23091.
Follow Adam Samson on Twitter @adamsamson.
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3/11/13

Wall Street Extends Winning Streak to Seven Days | Fox Business

Macy's CEO: 'Sick to My Stom ach' Over Mar tha Stew ar t


Deal
Gold and Silver Plunge as Fed Keeps Pr inting $85 Billion
Per Month
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3/13/13

Dow in Longest Record-Setting Streak in 26 Years | Fox Business


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The Dow narrowly extended its streak of logging record highs to

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seven sessions Wednesday in the longest such run in more than a

0 Com m ents

quarter century.

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The Dow Jones Industrial Average rose 5.1 points, or 0.04%, to

Shar e

14455, the S&P 500 climbed 2 points, or 0.13%, to 1555 and the
Nasdaq Composite ticked up 2.8 points, or 0.09%, to 3245.

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BA
BOEING CO....

COH
COACH INC....

46.97

The blue-chip average has now closed in the green for nine sessions

+0.02

in a row. Meanwhile, the broader S&P 500 sits in a range of less than

84.75
+0.59

49.67
+0.86

1% of its all-time high.

The White Houses


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Rally

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Payments for Leaving
School

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4 J.P. Morgan's Retail Banking Website
'Temporarily Unavailable'
5

Gun Makers to States: We'll Take Business


Elsew here
See all tr ends

U.S. Data Top Expectations


INVESTING

Mor e Stor ies

A round of strong data on the U.S. economy helped keep traders'


buying appetite alive Wednesday despite worrisome headlines from
Europe.
The U.S. Commerce Department said sales by retailers jumped 1.1%

www.foxbusiness.com/markets/2013/03/13/dow-in-longest-record-setting-streak-in-26-years/

Will There Be a Market Pullback?


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Dow in Longest Record-Setting Streak in 26 Years | Fox Business

in February from the month before, easily beating expectations of an

Ack m an 'Pleas ed' About Call for Her balife Pr obe

increase of 0.5%. The data came as especially good news since

The Pr es ident's Dis connect w ith Econom ic


Reality

February represented the second month consumers were forced to


deal with a 2% payroll tax hike, along with high gasoline prices, which
some economists worried would crimp demand. Indeed, Dan
Greenhaus, chief global strategist at BTIG, wrote in an email that
"consumers showed remarkable resiliency" in February in light of
those issues.
Separately, the Labor Department reported import prices rose 1.1%
last month to the highest level since August due to to a big increase in
fuel prices. Economists expected a slimmer 0.5% gain. Meanwhile,
export prices rose 0.8%, a bigger rise than the 0.3% forecast.

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1,121.83
4:20 PM

151.91
4:00 PM

27.92
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825.31
4:00 PM

89.26
4:00 PM

Another report, also from Commerce, showed business inventories


climbing 1% in January from December, beating expectations of a
0.4% increase. Between the strong retail sales print and the inventory
data, Barclays boosted its first-quarter economic growth estimate 0.6percentage point to 2.5%.
Italy, Eurozone Headlines Set Bearish Tone
News out of Europe set a mildly bearish tone early Wednesday. Italy
auctioned $9.1 billion in government debt, which came close to its
targeted allocation. However, demand came in lighter than expected,
and the country was forced to pay higher yields across the board than
before elections last month.
Italy has been marred in uncertainty since the messy elections left it
without a unified government. The political uncertainty prompted a
downgrade from Fitch and warnings from many analysts.
"The results (of the auction) may suggest that the market is beginning
to redress the recent complacency our rates strategists have noted,"
analysts at Nomura told clients Wednesday.
Rome's 10-year borrowing costs on secondary markets rose 0.1percentage point to 4.69% on the heels of the tepid auction,
according to The Wall Street Journal. Still, credit markets have
broadly shrugged off concerns about Italy amid hopes the European
Central Bank will take steps to keep borrowing costs from surging.
Traders also got a round of data on the factory sector in the eurozone.
Industrial production dipped 0.4% in January from December, more
than the 0.1% drop economists expected. The data come as the
latest sign that the 17-member currency bloc is still struggling to
recover from its debt crisis.
On the corporate front, Coach (COH) shares rallied after Citigroup
(C) upgraded the luxury retailer to "buy" from "neutral," noting the
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3/13/13

Dow in Longest Record-Setting Streak in 26 Years | Fox Business

company's "good upside potential." Boeing (BA) got a green light


from the Federal Aviation Administration to begin testing a
redesigned battery for the 787 Dreamliner in its bid to get the plane
back in use.
Elsewhere, oil and gasoline futures were little changed. The
benchmark U.S. crude oil contract fell 2 cents, or 0.02%, to $92.52 a
barrel. Wholesale New York Harbor gasoline dipped 0.25% to $3.142
a gallon. Gold fell $3.30, or 0.21%, to $1,588 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.52% to 2698, the English FTSE 100 sold off
0.87% to 6454 and the German DAX dipped 0.13% to 7956.
In Asia, the Japanese Nikkei 225 dropped 0.61% to 12240 and the
Chinese Hang Seng plummeted 1.5% to 22557.
Follow Adam Samson on Twitter @adamsamson.
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Streak in 26 Years
Blue Chips See Green: The Dow
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Wednesday in the longest such run in
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Dividend Paym ents Ar e Boom ing Along w ith Stock s


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3/14/13

Sensex up 208 points as lower core inflation fuels rate cut hopes - The Hindu

Business Markets
Published: March 14, 2013 16:28 IST | Updated: March 14, 2013 16:28 IST

Sensex up 208 points as lower core inflation fuels rate cut hopes
PTI

The BSE benchmark Sensex on Thursday jumped by nearly 208 points to end at 19,570.44 on heavy buying in realty,
banking and capital goods scrips as core inflation in February fell below 4 percent mark for the first time in nearly 3
years fuelling hopes of rate cut by RBI on March 19.
The Sensex, which had lost nearly 321 points in last three sessions, recovered by 207.89, or 1.07 per cent to 19,570.44,
snapping a three-day fall.
On similar lines, the broad-based National Stock Exchange index Nifty regained 5,900 level by rising 57.75 points, or
0.99 per cent to end at 5,908.95.
In 30-share Sensex, 24 stocks led by SBI (3.51 per cent), Maruti (3.43 pc), ICICI Bank (2.29 pc) and HDFC Bank (2.28
pc) and L&T (1.92 pc) ended in positive territory.
RIL, TCS, HUL and ONGC also notched up smart gains.
While 1,420 stocks rose and 1,446 counters fell in overall BSE platform, investor wealth rose by Rs 50,000 crore to Rs
66.94 lakh crore.
Wholesale Price Index (WPI) based inflation rose to 6.84 per cent in February 2013 after falling to a three-year low of
6.62 per cent in the previous month.
However, core inflation an indicator of demand side pressures on prices fell below the 4.0 per cent mark for the
first time in past 35 months.
This should give the RBI some elbow room to ease rates in the March 19 policy as monetary policy stance has turned
more growth-supportive, said Bhupali Gursale, Economist, Angel Broking.
Besides, brokers said strong US retail sales data, a higher opening in the European markets and a mixed trend in the
Asian region, further supported the domestic market.
Sectorally in Indian markets, the BSE banking index gained 2.08 per cent to 13,796.47. The BSE realty sector index
ended 2.18 per cent higher at 2,107.61 with stocks of Prestige Estates rising 7.97 per cent, Unitech by 6.09 per cent
and DLF Ltd 1.50 per cent.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | Mar 1 4 , 2 01 3 1 0:1 6:55 PM | http://www.thehindu.com /business/m arkets/sensex-up-2 08-points-as-lower-core-inflation-fuels-rate-cuthopes/article4 5084 4 5.ece
The Hindu

www.thehindu.com/business/markets/sensex-up-208-points-as-lower-core-inflation-fuels-rate-cut-hopes/article4508445.ece?css=print

1/1

3/14/13

Dow on 10-day winning streak - Mar. 14, 2013

Dow extends win streak to 10


By Hibah Yousuf @CNNMoneyInvest March 14, 2013: 4:14 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks advanced Thursday, with the Dow hitting yet another record high and the S&P 500 coming within 2 points of its alltime high.
The Dow Jones industrial average rose more than 80 points, or 0.6%, climbing to a fresh high above 14,530. The gains mark the
Dow's 10th straight up day -- matching the winning streak in 1996, the year of former Fed Chairman Alan Greenspan's
"irrational exuberance" speech.
The S&P 500 added 9 points, or 0.6%. The broad index is closing in on its all-time high of 1,565.15, set in October 2007. The
Nasdaq gained 0.4%.
The daily grind higher in stocks "is acting like water torture for both bulls and bears," said Sam Stovall, chief equity strategist at
S&P Capital IQ.
Related: Dow's best run since 1996

On one hand, bulls are worrying about slowing momentum in the stock rally, on the other, the bears are spooked by the fact that
stocks keep going up, Stovall said.
"Investors are in search of a new catalyst to trigger the next move," he said, adding that the S&P 500 will likely pull back briefly
before it reaches a new high.
In economic news, investors were encouraged by a Labor Department report showing initial jobless claims fell to 332,000 last
week. That was better than forecasts of 350,000 and signaled ongoing improvement in the labor market.
On the corporate front, Men's Wearhouse (
guidance.

MW) soared 19% after reporting earnings, a $200 million share buyback and new

Related: BlackBerry back from dead (for now) with Z10

Shares of Blackberry ( BBRY) pulled back Thursday, a day after rallying on the announcement that the company received one
million orders for its Blackberry 10 device from an unnamed partner.
E*Trade (

ETFC)shares fell after a major shareholder said it planned to sell its entire stake in the company.

money.cnn.com/2013/03/14/investing/stocks-markets/index.html?iid=HP_LN

1/2

3/14/13

Dow on 10-day winning streak - Mar. 14, 2013

Related: Fear & Greed Index moves into extreme greed

European markets ended higher, with Germany's DAX leading the way. A two-day summit of European leaders kicked off
Thursday.
Asian markets also ended firmer. Japan's Nikkei was up 1.2% but the Shanghai Composite and Hong Kong's Hang Seng
continued to lag on talk of efforts to control rising prices.
"We shall take measures, including monetary policy adjustments, to stabilize prices, and lower inflation expectations," Zhou
Xiaochuan, China's central bank governor, said Wednesday.
The dollar lost ground against the euro and the British pound. It was flat versus Japanese yen.
Oil and gold prices edged higher.
The price on the 10-year Treasury fell slightly, pushing the yield up to 2.03% from 2.02% late Wednesday.

First Published: March 14, 2013: 9:46 AM ET

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3/14/13

Dow Logs Tenth-Straight Gain, Fresh Record High | Fox Business


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Dow Logs Tenth-Straight Gain, Fresh


Record High
By Adam Samson

Pub lished March 14, 2013

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A round of strong data on the U.S. labor market whetted traders'

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14539, the S&P 500 climbed 8.7 points, or 0.56%, to 1563 and the
Nasdaq Composite jumped 13.8 points, or 0.43%, to 3259.

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INVESTING

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the record high it logged in 2007.


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3/14/13

Dow Logs Tenth-Straight Gain, Fresh Record High | Fox Business

Traders got a handful of reports on the U.S. economy Thursday. The

E*Tr ades Shar es Fall as Citadel Sells Entir e


Stak e

number of people filing for first-time jobless benefits fell by 10,000 to

Ack m an 'Pleas ed' About Call for Her balife Pr obe

332,000 last week, the Labor Department said, better than estimates
of 350,000. The four-week moving average, which helps smooth

Mor e

volatility, dropped to 346,750 -- its lowest level since March 2008.


The monthly jobs report for February showed a dramatically biggerthan-expected payroll gain, which has economists taking a more
bullish take on the labor market. Market participants are paying
especially close attention to jobs data since the Federal Reserve has
hinted that it could taper asset purchases earlier than expected if the
labor market heats up.

Financial Guaranty Insurance


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order to obtain a higher rating on the issue.
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A different report from Labor showed inflation at the wholesale level


rising 0.7% in February from the month before, which matched
forecasts. Excluding the food and energy components, prices at the
producer level climbed 0.2%, also inline with forecasts. Inflation is
another gauge the Fed watches very closely -- although the central
bank has repeatedly said so-called inflation expectations are running
at or below target levels.

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MICROSOFT COR...

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surviving a hypothetical economic storm better than it would have


during the financial crisis, suggesting banks have bolstered their
balance sheets.
Samsung is set to unveil its latest smartphone, the Galaxy S4, that is
powered Google's (GOOG) Android operating system. Analysts have
noted that the Android phones, along with others like those from
BlackBerry (BBRY) could chip away at Apple's (AAPL ) dominance
in the U.S. marketplace.
On the European front, the European Council will hold a summit in
Brussels on the day. The group that consists of European Union
heads of state is expected to discuss a wide range of issues,
including fiscal plans for several major countries, including France,
and potentially a bailout program for Cyprus.
The troika, which is made up of the European Commission, European
Central Bank and International Monetary Fund, said "significant
progress" has been made on Greece, but issues still remain. The
group will take a break until April to perform technical work.
Elsewhere, oil futures edged up 51 cents, or 0.55%, to $93.03 a
barrel. New York Harbor gasoline dipped 0.03% to $3.141 a gallon. In
metals, gold rose $2.30, or 0.14%, to $1,591 a troy ounce.

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3/14/13

Dow Logs Tenth-Straight Gain, Fresh Record High | Fox Business

Foreign Markets
The Euro Stoxx 50 climbed 0.99% to 2731, the English FTSE 100
rose 0.36% to 6505 and the German DAX jumped 0.79% to 8035.
In Asia, the Japanese Nikkei 225 rallied 1.2% to 12381 and the
Chinese Hang Seng edged up 0.28% to 22619.
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Steadfast Fed, Easing Cyprus Fears Lift Stocks | Fox Business


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Bill Maher Says He May


Be Taxed Too Much

Could Bank
Confiscations Happen in
the U.S.?

REUTERS

FOX Business: Capitalism Lives Here

Pr int
Em ail

Wall Street posted solid gains on Wednesday as traders responded

Shar e

to the Federal Reserve continuing its aggressive easing and analysis

0 Com m ents

suggesting the situation in Cyprus will remain contained.


Today's Markets

Tw eet

27

The Dow Jones Industrial Average rose 55.91 points, or 0.39%, to

Shar e

14511.73, the S&P 500 climbed 10.37 points, or 0.67%, to 1558.71


and the Nasdaq Composite jumped 25.09 points, or 0.78%, to

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3254.19.
BBRY
BLACKBERRY...

FDX
FEDEX CORP....

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3 Steadfast Fed, Easing Cyprus Fears
Lift Stocks
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shop" on Cyprus
5

Fannie Mae, Freddie Mac Stock Up More


Than 20%

16.00
+0.97

99.13
-7.33

See all tr ends

The blue chips briefly traded in record territory before closing below
those highs, while the S&P 500 snapped a three-day losing streak
and landed just 0.4% away from its best close ever.

INVESTING

Mor e Stor ies

Gains were fairly broad-based on the day, with every sector besides
telecommunications climbing. The best performer by a wide margin
was the consumer discretionary sector, followed by consumer staples,
and then health-care.
Fed Holds Firm on Policy
www.foxbusiness.com/markets/2013/03/20/steadfast-fed-easing-cyprus-fears-lift-stocks/

Cyprus Distracting from Investing


Opportunities in Europe?
Fed Sees Jobles s Rate Falling Fas ter Than
Initially Expected

1/4

3/20/13

Steadfast Fed, Easing Cyprus Fears Lift Stocks | Fox Business

The Federal Reserve said it expects to continue holding interest rates

Black Rock Not Spook ed By Tiny Cypr us

at historic lows until the unemployment rate falls below 6.5%. It will
also continue buying assets at its current pace of $85 billion per

Mor e

month, and weigh the costs of benefits of this aggressive monetary


policy.
The central bank also sees the unemployment rate falling faster than
previously expected in 2013 and 2014. It now forecasts a range of
7.3% to 7.5% for this year and 6.7% to 7% the following year. The
upper range of the 2015 estimate was also lowered 0.1 percentage
point to 6.5%.

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...
Pow ered by

from Wall Street Words.

"We see nothing in the March FOMC statement to alter our view that
the Fed will continue its asset purchase program at a rate of $85bn
per month through the end of the year, before beginning to slow
purchases sometime in the first half of 2014," Michael Gapen, an
economist at Barclays wrote to clients.
Timing of the Fed's exit from quantitative easing has been key ever
since minutes from the last meeting said some members were mulling
"tapering" the program as the economy improves. The Fed balances
its dual mandate of ensuring steadily low unemployment and keeping
inflation under control in making its decisions. Over the past several
years, inflation has been kept in check, so the Fed has been pushing

RECENT QUOTES

FOX50

+0.42%

FOX 50 INDEX

Today

GS

+0.87%

THE GOLDMAN S...

MSFT

Today

+0.48%

MICROSOFT COR...

Today

GOOG

+0.42%

GOOGLE INC.

XOM

EXXONMOBIL CO...

Today

+0.06%
Today

1,127.89
6:05 PM

150.13
4:00 PM

28.32
4:00 PM

814.71
4:00 PM

88.63
4:00 PM

hard to accelerate growth and push the unemployment rate down.


"The Fed would argue, and its time market participants believed
them, that as long as inflation is low, the paramount concern is the
unemployment rate," Dan Greenhaus, chief global strategist at BTIG,
wrote in an email. "As such and in theory, as long as inflation and
inflation expectations remain contained, the FOMC could ease policy
indefinitely."
Cyprus Woes Ebb
Headlines from Europe have driven Wall Street higher and lower over
the past two trading days. However, markets have only posted
relatively mild losses even as the situation in Cyrpus remains murky.
The country's parliament turned down a plan that would have financed
$7.5 billion of a $13 billion international bailout with bank deposit
levies.
That means Cyprus now needs to come up with a new way to kick in
money for the plan, lest it risks a default and and a big blow to its
banking system. Still, there are hopes among world trading desks that
the situation will remain contained.

www.foxbusiness.com/markets/2013/03/20/steadfast-fed-easing-cyprus-fears-lift-stocks/

2/4

3/20/13

Steadfast Fed, Easing Cyprus Fears Lift Stocks | Fox Business

"In the glory days of the eurozone crisis a no vote to a bailout plan
would have provoked a major storm, but the small size of the bailout
and the loose monetary policy environment means that most investors
are happy to leave Cyprus on the back burner," Chris Beauchamp, a
market analyst at IG in London wrote in an e-mail.
On the corporate front, FedEx (FDX) revealed an adjusted fiscal
third-quarter profit of $1.23 a share, significantly below estimates of
$1.38 a share. Revenues of $11 billion beat Wall Streets
expectations of $10.85 billion. The global shipping giants full-year
profit view of $6 to $6.20 a share missed forecasts of $6.31 a share.
Shares of BlackBerry (BBRY) jumped on a report that Morgan
Stanley upgraded the embattled smartphone maker to "overweight"
from "underweight."
In commodities, oil and gasoline prices pushed higher. The
benchmark U.S. crude oil contract climbed 69 cents, or 0.75%, to
$92.85 a barrel. Wholesale New York Harbor gasoline rose 0.37% to
$3.056 a gallon. Gold fell $3.60, or 0.23%, to $1,608 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.69% to 2690, the English FTSE 100 fell
0.02% to 6441 and the German DAX climbed 0.43% to 7981.
In Asia, the Chinese Hang Seng rallied 1% to 22256. Markets in
Japan were closed for the Vernal Equinox.
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1/3 of R.I. Tow n
on Food
Stam ps

Technology

Oracle 3Q Disappoints on Softer


Software Licenses

School Super s
in 12 States
Mak e Mor e
than Gover nor

New s

Reuters

Steadfast Fed, Easing Cyprus


Fears Lift Stocks
Wall Street posted solid gains on
Wednesday as traders responded to
the Federal Reserve continuing its
aggressive easing and analysis
suggesting the situation in Cyprus will
remain contained.

Fed: Jobless Rate Falling Faster Than


Expected
New s

Penney Still Has Lessons to Learn in


Overhaul
Inv esting

BlackRock Not Spooked By Tiny


Cyprus

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Economy?
Former St. Louis Federal Reserve President
William Poole on Fed policy.

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Crisis in Cyprus Snaps S&P's Three-Week Run | Fox Business


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Pub lished March 22, 2013

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The broad S&P 500 ended in the red for the first time in four weeks

Shar e

amid mounting concerns that Cyprus will default on its debt and see

0 Com m ents

its banks plunge into a liquidity crisis. Still, the markets managed to

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post solid gains Friday.

1
0

NIKE INC....

Is the United States Next


When It Comes to
Deposit Confiscation?

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The Dow Jones Industrial Average climbed 90.5 points, or 0.63%, to

4 FedEx Agrees to Buy 14 Jets From


United, Plus Options on 16

14512, the S&P 500 rose 11.1 points, or 0.72%, to 1557 and the
Nasdaq Composite gained 22.4 points, or 0.7%, to 3245.

NKE

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59.53
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For the week, the Dow fell 0.01%, the S&P 500 dipped 0.24% and
the Nasdaq slumped 0.13%.

INVESTING

Mor e Stor ies

It's been a wild week for the global markets. In what has become a
theme in the past couple years, events in Europe have sent stocks
rising and falling in fairly volatile trading. Indeed, the CBOE's VIX,
sometimes referred to as Wall Street's fear gauge, has spiked some
20% this week.
Cyprus teetered on the brink of financial ruin Friday. The country
www.foxbusiness.com/markets/2013/03/22/crisis-in-cyprus-snaps-sp-three-week-run/

Heading Into Earnings-Driven


Market Cycle?
Mar ch Madnes s : A Gam bler 's Par adis e

1/4

3/22/13

Crisis in Cyprus Snaps S&P's Three-Week Run | Fox Business

needs to find $7.5 billion to use as a down payment for a $13 billion

Fir m s Cas h In on Com ing Ener gy Revolution

international rescue required to stave off a debt default. A previous


plan to levy bank deposits failed to garner any support in parliament

Mor e

earlier this week. Then a plea to Russia for a bailout in exchange for
rights to certain natural resources also fell through as Moscow walked
away from negotiations. However, the country's ruling party said a
deal that is backed by the European could be on the horizon,
according to a report from Reuters.
A spokesperson for Cypriot President Nicos Anastasiades said the
next few hours will "determine the future of this country." Anastasiades
is currently locked in what the spokesperson called "hard

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...
Pow ered by

from Wall Street Words.

negotiations" with the troika, which is composed of the European


Council, European Central Bank and International Monetary Fund. The RECENT QUOTES
country's parliament is also set to vote on yet another plan to fund the
bailout on the day.

FOX50

+0.90%

FOX 50 INDEX

Today

Time is running out quickly for Cyprus. The ECB said Thursday that it

GS

+0.84%

won't provide emergency liquidity to its banks after Monday if it


doesn't receive an official rescue. In a sign of just how serious the
issue is, Greek banks were in the process of acquiring deposits of
branches of Cypriot banks in Greece, according to multiple media
reports.

THE GOLDMAN S...

MSFT

Today

+0.50%

MICROSOFT COR...

Today

GOOG

-0.12%

GOOGLE INC.

XOM

EXXONMOBIL CO...

Today

+1.27%
Today

1,131.29
4:20 PM

146.60
4:00 PM

28.25
4:00 PM

810.31
4:00 PM

89.29
4:00 PM

Still, analysts at Barclays told clients Friday morning "market pressure


and contagion from Cyprus to other periphery countries remain
contained." That is a critical factor since Cyprus is not generally seen
as systemically significant on its own, but trouble there could spark a
selloff in Italian and Spanish bonds. Such a drop would send
borrowing costs for the eurozone's third and fourth biggest economies
jumping, and re-ignite a much more dangerous debt crunch that the
ECB has been successful at containing since July.
Perhaps in a sign of hopes that the Cyprus troubles will be fenced into
the small island nation, yields on Italian, Spanish and even Greek debt
fell slightly, while the euro advanced 0.42% to $1.2953.
Also on the European front, a closely-watched report from the Ifo
Institute showed German business sentiment unexpectedly dropping
in March. The gauge fell to 106.7 in March from 107.4 the month
prior.
"The German economy remains on track in a challenging environment
thanks to strong domestic demand," the Ifo report said.
There were no significant economic reports due on the U.S. economy
on Friday.

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2/4

3/22/13

Crisis in Cyprus Snaps S&P's Three-Week Run | Fox Business

In corporate news, Nike (NKE) shares soared more than 8% after the
apparel-maker posted better-than-expected quarterly profits, and
strong futures sales data.
Energy futures were lightly changed. The benchmark U.S. crude oil
contract rose 45 cents, or 0.49%, to $92.90 a barrel. Wholesale New
York Harbor gasoline dipped 0.12% to $3.067 a gallon. In metals,
gold slipped $7.40, or 0.45%, to $1,606 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.02% to 2683, the English FTSE 100 rose
0.23% to 6403 and the German DAX dipped 0.15% to 7921.
In Asia, the Japanese Nikkei 225 plunged 2.4% to 12339 and the
Chinese Hang Seng slipped 0.5% to 22115.

Follow Adam Samson on Twitter @adamsamson


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Stocks Jump on Cyprus Hopes

Cyber Attack

Eggland's Bes t
CEO on 16
Year s of
Double-Digit

60% of Sm all
Bus ines s es Will
Clos e Within 6
Months of a

Am er icans
Paying an Extr a
$2T Mor e in
Taxes
Tam ny: Cypr us
Won't Leave
Eur ozone

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Crisis in Cyprus Snaps S&P's Three-Week Run | Fox Business

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4/4

3/22/13

Stocks: Higher on Cyprus hopes - Mar. 22, 2013

Stocks rise on Cyprus hopes


By Ben Rooney @CNNMoneyInvest March 22, 2013: 4:23 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks rose Friday on optimism that officials in Cyprus will reach a deal this weekend to rescue the nation's troubled banks.
The Dow Jones industrial average gained 90 points, or 0.6%. The S&P 500 and the Nasdaq both gained 0.7%. The Dow is back
above 14,500 and the S&P 500 is once again less than 1% away from the record high it set in October 2007.
Despite Friday's advance, the major gauges all ended the week down a little less than 0.5%. All three indexes are up between 7%
and 11% so far in 2013.
Officials in Cyprus could make decisions on "the hard dilemmas" facing the country later Friday, according to a government
spokesman.
"This is being interpreted as a step towards a solution," said Frank Davis, director of sales and trading at LEK Securities. "We
don't know what that solution will be, but there seems to be something in the works."
Cyprus is facing a Monday deadline to come up with 5.8 billion in order to secure a 10 billion bailout from the European Union
and International Monetary Fund.
Talks between Russian officials and the Cypriot government broke up early Friday, with no agreement on a cash infusion that
could help the island nation skirt a default. Nearly a third of the money in Cyprus' outsized banking sector is from Russian
depositors.
Related: Russia bails on Cyprus

While a default is potentially disastrous for Cyprus, it wouldn't necessarily destabilize the European economy on its own. But
investors are watching to see how the situation is resolved and if it could set a precedent for larger economies that may face
similarly dire straits in the future.
"One must be impressed with how well the markets have absorbed the still unresolved Cyprus situation," wrote Brown
Brothers Harriman strategist Marc Chandler in a client note.
Related: Exxon nudges out Google! Pick your favorite stock

In corporate news, shares of Micron Technology (

MU, Fortune 500) spiked higher after the company's earnings blew past

money.cnn.com/2013/03/22/investing/stocks-markets/index.html?iid=HP_LN

1/2

3/22/13

Stocks: Higher on Cyprus hopes - Mar. 22, 2013

estimates, sparking a slew of analyst upgrades.


Shares of BP ( BP) rose after the oil giant said it was moving ahead with plans to buy back up to $8 billion of stock after
completing the sale of its 50% stake in TNK-BP to Rosneft.
Nike ( NKE, Fortune 500) shares surged after the apparel giant reported quarterly earnings on Thursday that beat
expectations.
Tiffany's (

TIF) stock jumped after the jewelry retailer reported a jump in quarterly profit.

Shares of BlackBerry ( BBRY) fell nearly 8%, revering gains from earlier in the week. The company's new Z10 smartphone,
which has received mixed reviews, went on sale at AT&T ( T, Fortune 500) stores in the United States Friday.
Related: Fear & Greed Index slips back to greed

In the commodities market, oil prices edged higher while gold prices were little changed.
The U.S. dollar fell versus the euro, British pound and Japanese yen. The yield on the 10-year Treasury note edged up to 1.93%.
European markets ended mixed. London's FTSE 100 edged higher, while the DAX in Germany and France's CAC 40 both edged
lower.
The Ifo Business Climate Index for German manufacturing and trade slipped in March, as companies lost enthusiasm about
their business outlook. But the index also showed that Europe's strongest economy continues to prevail, buoyed by domestic
spending. Construction is at its strongest point since reunification of East and West Germany, more than 20 years ago.
Asian markets ended mixed. The Shanghai Composite added 0.2%, while the Hang Seng lost 0.5% and the Nikkei declined 2.4%.

First Published: March 22, 2013: 9:41 AM ET

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2/2

3/26/13

Sensex snaps seven-day losing streak, up 23 points - The Hindu

Business Markets
Published: March 26, 2013 16:48 IST | Updated: March 26, 2013 17:32 IST

Sensex snaps seven-day losing streak, up 23 points


PTI

The BSE benchmark Sensex on Tuesday snapped a seven-day losing streak by rising 23 points on buying by funds
mainly in consumer durables and FMGC stocks ahead of monthly expiry in the derivatives segment amid a firming
European trend.

PTI

The Sensex closed 23.11 points up, or 0.12 per cent, to close at 18,704.53. The index moved between 18,758.88 and
18,612.37 points. The gauge had lost 890 points in last seven trading sessions.
Similarly, the broad-based National Stock Exchange index Nifty rose by 7.75 points, or 0.14 per cent, to 5,641.60,
after moving between 5,655.30 and 5,612.05.
Brokers said trading sentiments improved on investors covering their pending long positions created in last seven
sessions of losses before the settlement in derivatives segment on Thursday and some winding up their positions on
ending of the current financial year.
They said the market received another boost on reports of higher opening in Europe before US data that may show
durable-goods orders increased and new-house sales held close to a four-year high last month.
Confidence among global investors also received booster after the government approved six FDI proposals, including
that of AirAsia Investment, Malaysia, totalling over Rs 732 crore.
The market will remain closed on Wednesday and Friday on account of Holi and Good Friday, respectively.
In 30-BSE index components, 15 stocks closed higher led by Hindustan Unilever, ITC Ltd, Infosys, ICICI Bank, HDFC
Bank, HDFC Bank, Bharti Airtel and Coal India.
However, the most heavy on the benchmark Reliance Industries tumbled by 3.25 per cent to Rs 783.40, Hero
www.thehindu.com/business/markets/sensex-snaps-sevenday-losing-streak-up-23-points/article4551046.ece?css=print

1/2

3/26/13

Sensex snaps seven-day losing streak, up 23 points - The Hindu

MotoCorp by 2.69 per cent to Rs 1,572.50, Larsen and Toubro by 2.24 per cent to Rs 1,337 and BHEL by 1.76 per cent
to Rs 176.30.
The stock of Hindalco remained unchanged at Rs 88 in limited deals.
Keywords: sensex, BSE, Bombay Stock Exchange, Nifty, NSE, National Stock Exchange, closing trade, stock
broking, share trading
Printable v ersion | Mar 2 7 , 2 01 3 2 :3 3 :4 3 AM | http://www.thehindu.com /business/m arkets/sensex-snaps-sev enday -losing-streak-up-2 3 -points/article4 551 04 6 .ece
The Hindu

www.thehindu.com/business/markets/sensex-snaps-sevenday-losing-streak-up-23-points/article4551046.ece?css=print

2/2

3/26/13

Dow Rallies to New High as Cyprus Fears Ebb | Fox Business


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The blue-chip average logged a fresh record closing high as traders

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grew less anxious about the situation in Cyprus and mulled a batch of

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The Dow Jones Industrial Average climbed 111.9 points, or 0.77%, to


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Dow Rallies to New High as Cyprus Fears


Ebb

Nasdaq Composite rose 17.2 points, or 0.53%, to 3252.


After a quiet day on the data front Monday, the pace of releases
picked up significantly Tuesday.

See all tr ends

INVESTING

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The Commerce Department said orders for long-lasting goods


climbed 5.7% in February from January, outpacing estimates of a
3.8% increase. Excluding the transportation segment, orders were
down 0.5%, missing estimates of a 0.5% increase.

Why Investors Should Be


Enthusiastic About Stocks
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Dow Rallies to New High as Cyprus Fears Ebb | Fox Business

The report on long-lasting goods provides a snapshot of demand for a


Mor e

wide range of items and will factor into the first-quarter gross
domestic product reading. Indeed, it sparked upward revisions to
Barclays' and Goldman Sachs' first-quarter economic growth
forecasts.
Home prices in 20 U.S. metropolitan areas rose 0.1% in January from
December on a non-seasonally-adjusted basis, according to the
S&P/Case-Shiller home price report. Economists expected a slightly
larger increase of 0.2%. Prices climbed 8.1% from the same month in

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2012, topping estimates of a 7.9% rise.


A separate report from Commerce showed sales of new single-family RECENT QUOTES
homes dropped 4.6% in February to a seasonally-adjusted annual
rate of 411,000 units. Economists had expected sales to fall to
422,000-unit rate last month.

FOX50

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GS

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59.7 from a downwardly-revised 68 in February. The figure fell short of


economists' expectations of 68.
The markets zigzagged Monday, with traders digesting news
suggesting the Cyprus bailout that utilized funds from bank deposits
as a down payment would be a template for the future. However, in
comments to FOX Business, several European Union officials
downplayed that theory, saying the situation there "unique."
The European Union still remained a focus as banks in Cyprus
remained closed until Thursday as the country worked to wind down
its second-biggest lender, protect insured deposits and prevent what
could still be a catastrophic bank run.
"Calm has finally descended after the turmoil of the Cyprus bailout, but
the damage to investor confidence has been done," Chris
Beauchamp, a market analyst at IG wrote in an e-mail.
Elsewhere, oil and gasoline futures pushed higher. The benchmark
U.S. crude oil contract rose 53 cents, or 0.56%, to $95.34 a barrel.
Wholesale New York Harbor gasoline edged up 0.17% to $3.077 a
gallon. In metals, gold fell $7.40, or 0.47%, to $1,599 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.01% to 2649, the English FTSE 100 rose
0.1% to 6286 and the German DAX gained 0.19% to 7885.
www.foxbusiness.com/markets/2013/03/26/dow-rallies-to-new-high-as-cyprus-fears-ebb/

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3/26/13

Dow Rallies to New High as Cyprus Fears Ebb | Fox Business

In Asia, the Japanese Nikkei 225 slumped 0.6% to 12472 and the
Chinese Hang Seng climbed 0.27% to 22311.
Follow Adam Samson on Twitter @adamsamson.
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Dow Rallies to New High as Cyprus Fears Ebb | Fox Business

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4/4

3/29/13

After a fall sensex gains 131 points - The Hindu

Business Markets
Published: March 28, 2013 16:55 IST | Updated: March 28, 2013 16:59 IST

After a fall sensex gains 131 points


PTI

The BSE benchmark Sensex on Thursday closed 131 points higher on fag-end buying by funds mainly in metal, capital
goods, consumer durables, PSU and banking stocks amid expiry of the monthly derivatives contract.
After falling over 136 points in early trade, the 30-share index, rebounded on the back of buying in heavy-weight
stocks to close at 18,835.77, a rise of 131.24 points or 0.70 per cent. During the session, it touched a high of 18,882.54.
It had gained 23.11 points in the previous session on Tuesday. The market remained closed yesterday for Holi festival.
The wide-based National Stock Exchange index, Nifty spurted by 40.95 points, or 0.73 per cent, to 5,682.55 after
moving between 5,604.85 and 5,692.95.
Stocks recovered in the second half of session as buying interest emerged at current levels amid covering-up of short
positions by speculators on the last day of March month expiry in the derivatives segment, said Manoj Choraria, a
Delhi-based stock broker.
On the gainers side, Hindalco closed 3.98 per cent higher at Rs 91.50, Sterlite Industries by 2.91 per cent to Rs 93.80,
GAIL India by 5.02 per cent to Rs 319.15, Infosys gained 1.25 per cent to Rs 2,889.90, ICICI Bank up 2.37 per cent to
Rs 1,045.35, HDFC Bank by 2.780 per cent to Rs 631, while State Bank of India by 1.04 per cent to Rs 2,072.75.
Shares of Novartis India rose by 3.75 per cent to close Rs 598.80 after company said its Swiss-promoter Novartis AG
intends to reduce its stake in the Indian entity to enable it to meet SEBI guidelines on the minimum public
shareholding in the listed companies.
Metal, capital goods, power, consumer durables, bank and PSU sector shares saw heavy buying, contributing major
support to the benchmark Sensex.
Sectorally, the Metal sector index gained the most by rising 2.69 per cent, followed by capital goods index (2.17 per
cent), consumer durables sector index (1.89 per cent) and banking index (1.66 per cent).
Bucking the trend, energy giant Reliance Industries (RIL) continued its losing streak for yet another session and lost
another 1.24 per cent to Rs 773.70, Hero MotorCorp shed 1.95 per cent to Rs 1,541.90 and Bharti Airtel declined 1.77
per cent to Rs 291.80.
Brokers said revival of buying after recent losses on worries over the political stability, and covering-up of pending
short positions on the last day of March month expiry in the derivatives segment attributed rebound in stock prices.
Besides, a higher opening in the European market also supported the recovery on the domestic boures here, they said.
The BSE and the NSE will remain closed tomorrow on account of Good Friday.
Keywords: sensex, Novartis India
Printable v ersion | Mar 2 9 , 2 01 3 1 0:00:04 AM | http://www.thehindu.com /business/m arkets/after-a-fall-sensex-gains-1 3 1 -points/article4 55803 7 .ece
The Hindu

www.thehindu.com/business/markets/after-a-fall-sensex-gains-131-points/article4558037.ece?css=print

1/1

3/29/13

Stocks: S&P 500 finally hits new record high - Mar. 28, 2013

What a quarter! Dow and S&P at record highs


By Hibah Yousuf @CNNMoneyInvest March 28, 2013: 5:24 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Finally. Stocks wrapped up a stellar first quarter Thursday with the S&P 500 finishing at a new high, after flirting with the
milestone for weeks.
The benchmark index gained 6 points, or 0.4%, to end at a record close of 1569.19, inching above its previous record of 1565
from October 2007.
Despite the new milestone, trading was relatively calm and light as investors monitored the ongoing crisis in Cyprus and m
over new economic data in the United States. The Dow Jones industrial average and the Nasdaq rose just a little over 0.3%.
markets will be closed tomorrow in the United States and most of Europe for Good Friday.
But the first quarter of 2013 has been far from quiet. The Dow, which has been trading at record highs since early March, ra
more than 11% and booked its best first quarter since 1998. The S&P 500 soared 10% and the Nasdaq was up 8%.
Check out CNNMoney's new Portfolio tool

The biggest gains were logged in January, but March has been a solid month for stocks as well, with all three indexes rising m
than 3%. Stocks continued to rally in the holiday-shortened week despite Cyprus concerns. The Dow rose 0.5% for the week
while the S&P 500 added 0.8% and Nasdaq rose 0.7%.
Despite the big run-up this year, experts argue that valuations remain attractive for U.S. stocks. The S&P 500 is trading at ju
16 times 2012 earnings. At its all-time high in October 2007, the S&P 500's valuation was just above 17 times profits for the
12 months.
And looking at earnings projections, stocks still appear reasonably valued. The S&P 500 is trading at just 14 times 2013
estimates.
Related: What's next for the markets?

Winners and losers: The best-performing stock in the S&P 500 during the quarter was Netflix ( NFLX). Shares have more
doubled in the last few months as investors have become optimistic about the company's growth prospects, despite a serie
missteps over the last couple of years Best Buy ( BBY Fortune 500) and Hewlett Packard ( HPQ Fortune 500) struggl
money.cnn.com/2013/03/28/investing/stocks-markets/index.html?iid=Lead

1/3

3/29/13

Stocks: S&P 500 finally hits new record high - Mar. 28, 2013

respectively.
Some of the weaker links were JC Penney ( JCP, Fortune 500), which is having more trouble than success with its makeove
plan, as well as coal company Peabody Energy ( BTU, Fortune 500) and mining firm Cliffs Natural Resources ( CLF, Fortu
500).
Fear & Greed Index gets greedy

Cyprus banks back to business: Banks in Cyprus reopened Thursday morning after being closed since March 16. The island
nation plans to limit the amount of money that depositors can withdraw in an attempt to prevent bank runs.
Cyprus agreed early Monday to raise billions of euros from big depositors at the Bank of Cyprus and Popular Bank of Cypru
and to shrink its banking sector in return for a 10 billion European Union bailout.
Related: Bitcoin prices surge post-Cyprus bailout

U.S. economy humming along: Back in the United States, the government released its weekly data on initial jobless claims a
its final reading on fourth-quarter GDP.
Jobless claims totaled 357,000 in the week ended March 23, an increase of 16,000 from the prior week and much worse tha
expected. The forecast called for a total of 335,000, according to a consensus of economists complied by Briefing.com.
The final government report for fourth-quarter GDP showed an annual increase of 0.4%, slightly higher than the expected
increase of 0.3%. The prior reading showed the economy grew at a 0.1% pace.
What's moving: Blackberry (
expectations.

BBRY) slipped after the smartphone maker reported a surprise profit, but sales that fell sho

Shares of eBay ( EBAY, Fortune 500) climbed 4% after the company's marketplaces chief Devin Wenig revealed plans to n
double eBay's user base by 2015 and expectations of $110 billion in marketplace sales.
Pinnacle Foods ( PF), owner of brands including Duncan Hines and Birds Eye, rose 11% in its stock market debut. Pinnacle
raised $580 million in its initial public offering after pricing shares at the high end of its range. The company is backed by pri
equity firm Blackstone ( BX).
Shares of Deckers Outdoor ( DECK), which owns the Ugg boots brand, jumped after an analyst at Jefferies upgraded the s
and gave it a price target of $100 a share, nearly double its current price.
Dollar pulls back: European markets finished with solid gains, while Asian markets ended lower.
The dollar fell against the euro, British pound and the Japanese yen.
Oil prices gained slightly, while gold prices edged lower.
The price on the 10-year Treasury rose slightly, and the yield held steady at 1.85%.
What's buzzing: Wall Street strategists are betting the rally will continue. Wells Fargo Advisors increased its year-end 2013
target range for the S&P 500 to 1575-1625 from an earlier forecast of 1525-1575.
"Investors now appear to be more focused upon the potential for continuing global economic growth, said Scott Wren, seni
equity strategist at Wells Fargo Advisors. "We anticipate investor confidence will continue to lift, slowly catching up with
consumer confidence."

First Published: March 28, 2013: 9:58 AM ET

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Dow, S&P Cap Historic 1Q at Record Closing Highs | Fox Business


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Wall Street continued bouncing back from the worst financial crisis

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since the Great Depression in the first quarter, with the blue chips

0 Com m ents

zooming into uncharted territory in the best annual kick off in 15 years.

Like

19

Today's Markets
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The Dow Jones Industrial Average climbed 52.4 points, or 0.36%, to

Shar e

14579, the S&P 500 gained 6.3 points, or 0.41%, to 1569 and the
Nasdaq Composite advanced 11 points, or 0.34%, to 3268.

RELATED STOCKS

BBRY
BLACKBERRY...

14.44
-0.12

1 Joble ss Claim s Rise More


Than Ex pe cte d
2 The NCAAs Sweet 16 -- In
Dollars
3 The Sev en States Running Out Of
Water
4 Banks Rew orking Loans, Cutting
Foreclosures
5

More than 300,000 homes are foreclosed


" zombies," study says
See all tr ends

For the quarter, the Dow soared 11.3%, the S&P 500 leapt 10% and
the Nasdaq jumped 8.2%.

INVESTING

Mor e Stor ies

With the markets closed for Good Friday, Thursday is the last trading
day of the first quarter. It has been a strong one for equities, with the
Dow surging 11% in its best first-quarter run since 1998. The broader
S&P 500 has rallied nearly 10%. The Dow zoomed into uncharted
territory earlier in the quarter, while the S&P 500 tilted up above its
record close -- both notched in October 2007.

More Record Highs on the Way


for Investors?
Meet the Next Star of the Eur o-Cr is is Dr am a:
Slovenia
Cliffs Natur al Plum m ets to 4-Year Low s

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Dow, S&P Cap Historic 1Q at Record Closing Highs | Fox Business

Europe continued garnering a good deal of traders' attention early in


the day. Banks in Cyprus finally re-opened after being closed for 11

Mor e

days in a bid to avoid a deposit run. Despite strict capital controls and
security worries, the openings took place in relative calm, according
to FOX Business reporters and producers on the ground.
While the situation might be brightening across the island nation, the
bail-in that levied uninsured deposits has sparked concern that such a
solution will be a template for other countries, according to analysts.

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...

In a sign of how the eurozone's troubles aren't confined to periphery

Pow ered by

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countries, Germany, the bloc's biggest economy, saw unemployment


jump by 13,000 people. Economists expected unemployment to fall by
4,000.
There are also a slew of reports due out on the U.S. economy.

RECENT QUOTES

FOX50

+0.02%

FOX 50 INDEX

Mar 28

GS

-0.47%

A final reading on U.S. gross domestic product from the Commerce

THE GOLDMAN S...

Department showed the economy expanded at an annualized rate of

MSFT

0.4% in the fourth quarter, up from an initial estimate of 0.1% growth,


but below the 0.5% expected. Economists at essentially every large
investment bank expect growth to pick up markedly in the first quarter
of this year.

Mar 28

+0.83%

MICROSOFT COR...

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GOOGLE INC.

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1,130.88
5:44 PM

147.15
4:02 PM

28.60
4:00 PM

794.19
4:00 PM

90.11
4:00 PM

A report from the Labor Department showed weekly jobless claims


jumping by 16,000 to 357,000, considerably higher than estimates of
340,000.
The Institute for Supply Management-Chicagos PMI gauge fell to 52.4
in March from 56.8 in February, missing the 56.5 reading economists
forecast. Readings above 50 point to expansion in the Midwest
manufacturing sector, while those below indicate contraction.
In corporate news, BlackBerry (BBRY) unexpectedly posted an
adjusted profit of 22 cents a share, easily besting estimates of a loss
of 29 cents. Revenues of $2.7 billion came in slightly shy of estimates
of $2.8 billion, however.
Energy futures were little changed. The benchmark U.S. crude oil
contract climbed 11 cents, or 0.11%, to $96.69 a barrel. Wholesale
New York Harbor gasoline dipped 0.52% to $3.099 a gallon. In
metals, gold fell $6.20, or 0.39%, to $1601 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.47% to 2625, the English FTSE 100
jumped 0.71% to 6433 and the German DAX advanced 0.34% to
7816.

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Dow, S&P Cap Historic 1Q at Record Closing Highs | Fox Business

In Asia, the Japanese Nikkei 225 sold off 1.3% to 12336 and the
Chinese Hang Seng dipped 0.74% to 22300.
Follow Adam Samson on Twitter @adamsamson.
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Cypr us Wor r ies Weigh on Wall Str eet
Gold Falls Below $1,600, Ber nank e Gives Unem ploym ent
Pr ediction
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Sensex regains 19k level; RIL, Sun Phrama lead gains - The Hindu

Business Markets
Published: April 2, 2013 16:41 IST | Updated: April 2, 2013 17:27 IST

Sensex regains 19k level; RIL, Sun Phrama lead gains


PTI

Rising for the fourth straight day, the BSE benchmark Sensex on Tuesday jumped by 176 points to regain 19,000mark after two weeks on sustained buying in bluechips like RIL, Sun Pharma, L&T and SBI after government said it
will continue to argue for lowering of interest rates by RBI.
Stock markets, which had of late lost vigour on concerns like RBI having little room to cut rates further, shrugged off
sluggishness after Finance Minister P. Chidambaram reiterated Indias commitment to additional economic reforms
and the governments pro growth stance.
The Sensex closed 176.20 points higher, or 0.93 per cent, at 19,040.95, a level last seen on March 18. The index had
gained around 183 points in past three sessions.
All-round buying was seen as all 13 sectoral indices closed with gains up to 2.07 per cent. Metal, refinery, capital
goods, pharma and PSU counters took lead while 23 out of 30 Sensex-based stocks closed up.
RIL jumped over 2 per cent after billionaire Ambani brothers joined hands for telecom biz. Sun Pharma and Wipro
gained over 4 per cent each. L&T gained 2 per cent after its construction arm bagged orders worth Rs 3,700 crore in
March.
Sterlite Ind. gained 3.8 per cent after Supreme Court refused to direct closure of Tuticorin plant and set aside Madras
HCs 2010 order on closing it down. The apex court, however, asked it to pay Rs 100 crore as compensation.
Markets rose today with benchmarks up by less than 1 per cent on the back of strong individual performances.
Market focus would now be on the upcoming earnings season, government policy moves in Budget session and global
developments, said Dipen Shah, Head of PCG Research, Kotak Securities.
The 50-issue CNX Nifty of the NSE also improved further by 43.70 points or 0.77 per cent, to end at 5,748.10.
Second-line shares continued to outperformed the Sensex on heavy buying by retail investors as the BSE-Smallcap
and BSE-Midcap indices closed with a rise of 2.28 per cent and 1.43 per cent respectively.
Globally, Asian shares ended mixed after reports of unexpectedly weak US factory data raised investor caution ahead
www.thehindu.com/business/markets/sensex-regains-19k-level-ril-sun-phrama-lead-gains/article4573272.ece?css=print

1/2

4/2/13

Sensex regains 19k level; RIL, Sun Phrama lead gains - The Hindu

of new indicators that could flag falling economic momentum.


Key benchmark indices in Hong Kong, Singapore and Taiwan rose in 0.18-0.31 per cent range while China, South
Korea and Japan fell in 0.30-1.08 per cent.
Europe was trading higher in early trade with key indices in France, Germany and London moving up by over 1.0 per
cent.
Turning to the local market, major gainers were Sun Pharma (4.61 pc), Wipro (4.28 pc), Sterlite Ind (3.79 pc), ONGC
(2.76 pc), Jindal Steel (2.53 pc), SBI (2.37 pc), RIL (2.03 pc), Maruti (1.99 pc), Cipla (1.98 pc), L&T (1.98 pc), Tata
Steel (1.70 pc), BHEL (1.68 pc), Hindalco (1.53 pc), Coal India (1.13 pc), HDFC Bank (0.99 pc) and Infosys (0.91 pc).
Auto stocks like M&M and Tata Motors also recovered after showing initial weakness post weak sales numbers, said
Nidhi Saraswat, Senior Research Analyst, Bonanza Portfolio.
Sectorally, the metal index gained the most by 2.07 per cent, followed by oil and gas index (1.99 pc), capital goods
index (1.88 pc) and healthcare index (1.82 pc).
Midcaps and smallcaps are seeing fresh round of buying interest. Certain stocks in this segment may surprise with
their rise in the coming days. Market analysts may fail to find out the news or reasons behind such a rise, said Milan
Bavishi, Head Research, Inventure Growth and Securities.
Total market breadth remained positive as 1,953 stocks ended higher and 827 stocks finished lower. 116 ruled steady.
Total turnover rose to Rs 1,801.06 crore from Rs 1,703.44 crore on Monday.
Meanwhile, Foreign Institutional Investors (FIIs) bought shares worth a net Rs 313.07 crore on Monday, as per
provisional data from the stock exchanges.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | Apr 2 , 2 01 3 1 1 :50:2 3 PM | http://www.thehindu.com /business/m arkets/sensex-regains-1 9k-lev el-ril-sun-phram a-lead-gains/article4 57 3 2 7 2 .ece
The Hindu

www.thehindu.com/business/markets/sensex-regains-19k-level-ril-sun-phrama-lead-gains/article4573272.ece?css=print

2/2

4/2/13

Stocks: Dow hits record high - Apr. 2, 2013

Dow, S&P close at new highs on health care rally


By Julianne Pepitone @CNNMoneyTech April 2, 2013: 4:55 PM ET

Click the chart for more on stocks.

NEW YORK (CNNMoney)

Strength in the health care sector gave stocks a shot in the arm Tuesday, pushing the Dow and S&P 500 to new record highs
All three major indexes closed at least 0.5% higher. The Dow Jones industrial average hit two new records: an intraday high
about 14,684, and a record close at 14,662.
The S&P 500 closed at a record high of 1,570.
The Dow and S&P have hit several new records during a solid 2013. Even with a slight retreat Monday, all three indexes are
up between about 8% and 12% for the year.
Tuesday's rally was fueled by the health care sector, one day after the government announced welcome news for the indust
Medicare Advantage rates will jump by 3.3% next year, rather than the 2.3% cut that had been proposed previously.
Shares of insurers Humana ( HUM, Fortune 500), United Health (
closed about 4% to 6% higher.

UNH, Fortune 500) and Aetna (

AET, Fortune 500)

Related: Expect the bond bubble to fizzle, not pop

As the bull market continues, some analysts are worried that stocks are due for a major correction. Famed investor Wilbur
Ross, however, says the market is "fairly priced."
"I think the market is where it should be right now," Ross told CNNMoney. "That doesn't mean there won't be volatility, bu
don't think current levels are overdone or underdone."
Outside of the big move in health care stocks, there was little else on the corporate or economic docket Tuesday.
The Census Bureau reported that factory orders jumped 3% in February. That was slightly better than expected, and follow
underwhelming report on U.S. manufacturing Monday.
Major automakers reported solid monthly sales figures for March. Auto sales at General Motors ( GM, Fortune 500), Ford
( F Fortune 500) and Chrysler all posted U S sales gains of 5% or better while Toyota ( TM) sales edged up 1% from a ye
money.cnn.com/2013/04/02/investing/stocks-markets/index.html?iid=HP_LN

1/2

4/2/13

Stocks: Dow hits record high - Apr. 2, 2013

Related story: CNNMoney's Hot Stocks

Not all sectors were flying high Tuesday. Tech received a few spots of bad news, courtesy of Goldman Sachs analysts.
Hewlett-Packard (

HPQ, Fortune 500) shares slid 5% after Goldman downgraded the company to "sell."

Goldman also kicked Apple ( AAPL, Fortune 500) off its "conviction buy" list and cut the price target to $575 from $600. S
the investment firm is retaining its "buy" rating for Apple, whose shares closed slightly higher Tuesday.
Nasdaq ( NDAQ) shares slumped 13% after the exchange operator said it planned to buy eSpeed, an electronic market for
Treasuries, from BGC Partners. Investors may be punishing Nasdaq for paying a whopping $1.2 billion. BGC ( BGCA) shar
meanwhile, soared 47%.
Related: Fear & Greed Index steeped in greed

European markets closed higher, while Asian markets ended mixed. The Hang Seng added 0.3% while the Nikkei dropped 1
and the Shanghai Composite lost 0.3%.
Commodities, including oil and gold, were lower, while the yield on the U.S. Treasury 10-year note ticked up to 1.86%.

First Published: April 2, 2013: 9:51 AM ET

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Strong Auto Sales Whet Wall Street's Buying Appetite | Fox Business
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Strong Auto Sales Whet Wall Street's Buying Appetite | Fox Business

General Motors (GM) and Ford (F) both revealed 6% increases in


monthly sales in March, while Chrysler saw a 5% rise. Larry Kantor,

Mor e

head of research at Barclays (GS), said at a recent press


conference that auto sales actually represent one of the best measure
of the U.S. economy because they are timely and and do not get
revised.

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Markit's final eurozone PMI reading clocked in at 46.8 for March, just

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the month before. The data suggest the 17-member currency bloc's
manufacturing sector contracted at the swiftest pace in three months
in March. Germany, the bloc's biggest economy, saw its PMI come in
at 49 -- a two-month low -- but right on the border of 50 that separates
expansion from contraction.
&quotThe surveys paint a very disappointing picture across the
region, with all countries either seeing sharper rates of decline or in
the cases of Germany and Ireland sliding back into
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While the numbers point to ongoing struggles in the eurozone,


Michael Block, chief equity strategist at Phoenix Partners Group, said
European markets actually reacted positively to them.
There is a &quotsense of relief&quot that the near collapse of the
banking system in Cyprus didn't completely stunt business activity, he
said. Block also said the situation on the island nation appears to be
"not so bad" after all.
Indeed, the benchmark index there sold off by a relatively modest
2.6% in its first trading day since the country's bailout by international
lenders.
On the U.S. front, the docket of data was fairly light.
The Commerce Department said orders for manufactured goods
increased 3% in February from the month before, slightly higher than
the 2.9% rise economists had expected. However, orders excluding
transportation equipment increased just 0.3%.
Meanwhile, in corporate news, Goldman Sachs (GS) cut Apple
(AAPL ) from its conviction buy list, although kept a &quotbuy&quot
rating on the stock.

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4/2/13

Strong Auto Sales Whet Wall Street's Buying Appetite | Fox Business

Elsewhere, energy futures were little changed. The benchmark crude


oil contract traded in New York rose 11 cents, or 0.11%, to $97.17 a
barrel. Wholesale New York Harbor gasoline dipped 0.35% to $3.091
a gallon. In metals, gold slumped $4.10, or 0.26%, to $1,597 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 jumped 1.1% to 2653, the English FTSE 100
rallied 1.1% to 6480 and the German DAX soared 1.2% to 7890.
In Asia, the Japanese Nikkei 225 sold off 1.1% to 12003 and the
Chinese Hang Seng rose 0.31% to 22368.
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Stocks Climb After BoJ Unleashes Massive Stimulus Plan | Fox Business
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Wall Street posted solid gains on Thursday after the Bank of Japan

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unveiled an aggressive plan aimed at jumpstarting the island nation's


flagging economy. However, traders remained cautious after a round

1
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of weak data on the jobs market.


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The Dow Jones Industrial Average rose 55.8 points, or 0.38%, to
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year target. On Thursday, Kuroda unveiled a $1.4 trillion open-ended


bond buying program in which the central bank will buy debt across

Mor e

the yield curve over the next two years.


The move is similar to the Federal Reserve's quantitative easing
program and represents what many economists see as an extension
of unconventional monetary policy that began during the financial

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some economists paring back expectations for the government's
report.
On the European front, the European Central Bank held its main
refinancing rate at 0.75% as expected. ECB President Mario Draghi
said at a press conference that the central bank stands ready to keep
its foot on the monetary accelerator as long as needed. The Bank of
England also held its benchmark rate at 0.5% and the scope of its
quantitative easing program at 375 billion pounds.
In commodities, oil and gasoline futures sold off for the second
session in a row. The benchmark U.S. crude oil contract slid $1.44, or
1.5%, to $93.02 a barrel. Wholesale New York Harbor gasoline
slumped 0.83% to $2.888 a gallon. Gold fell $4.80, or 0.32%, to
$1,549 a troy ounce after logging the lowest settle of the year
Wednesday.
Foreign Markets
The Euro Stoxx 50 rallied 1.1% to 2668, the English FTSE 100 fell
0.19% to 6407 and the German DAX rose 0.62% to 7924.
www.foxbusiness.com/markets/2013/04/04/stocks-climb-after-boj-unleashes-massive-stimulus-plan/

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Stocks Climb After BoJ Unleashes Massive Stimulus Plan | Fox Business

In Asia, the Japanese 225 soared 2.2% to 12635.


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Stocks bounce back after worst week of 2013 - Apr. 8, 2013

Stocks bounce back after worst week of 2013


By Hibah Yousuf @CNNMoneyInvest April 8, 2013: 4:41 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks cut their morning losses and finished higher Monday, rebounding from one of their worst weeks of the year. But
gains were slim as investors gear up for first quarter earnings reports.
The Dow Jones industrial average edged up 0.3% while the S&P 500 and Nasdaq gained 0.6%.
Kick-off to earnings: Investors will be shifting gears this week to first-quarter earnings. Aluminum producer Alcoa ( AA,
Fortune 500) unofficially kicked things off with its quarterly report after the closing bell. The Dow component posted earni
that topped forecasts. But sales were below estimates. JPMorgan Chase ( JPM, Fortune 500) and Wells Fargo are on tap f
Friday. They are the first two of the big banks to report.
Overall, analysts are forecasting first-quarter earnings to be up just 1.5% compared with a year earlier, according to Thomso
Reuters.
The results over the next few weeks "will likely determine whether investors take profits on a huge Q1 stock market rally, o
continue to pile on long positions to prepare for a potential continued run higher," said analysts at Lido Isle Advisors.
Rally hits speed bump: Stocks have lost steam in the last few weeks, on renewed worries about Europe, softer U.S. econom
data, particularly the March jobs report, and concerns about the nuclear threat from North Korea.
But following this year's huge rally and new record highs for the Dow and S&P 500, experts say a pause is normal.
Any pullback could also be the start of a short-term correction "that will wring out some of the excesses that have crept into
market, most notably overly optimistic sentiment," said William Riegel, head of equity investments at TIAA-CREF.
Related: It's going to be a tough quarter for banks

What's moving: General Electric ( GE, Fortune 500) said it planned to buy energy company Lufkin Industries (
billion. Shares of Lufkin, which builds and maintains equipment for oil and gas wells, surged nearly 38%.

LUFK) for

Anheuser-Busch InBev's ( BUD) proposed $20 billion acquisition of Mexican brewer Grupo Modelo appears to be back on
track after the companies along with Constellation Brands ( STZ) and Crown Imports said they'd reached an agreement t
money.cnn.com/2013/04/08/investing/stocks-markets/index.html

1/2

4/9/13

Stocks bounce back after worst week of 2013 - Apr. 8, 2013

Shares of Biocryst Pharmaceutical ( BCRX) climbed 13% after China's Food and Drug Administration expedited the appro
of the company's anti-influenza medicine Peramivir amid a bird flu outbreak.
Related: Fear & Greed slides into neutral

Global pressures: Portugal plans to cut spending on education, health and welfare in a bid to meet the terms of an internati
rescue after the country's constitutional court shot holes in its austerity program. Despite a sell-off in Portuguese stocks, th
main European markets ended slightly higher.
Meanwhile, tensions remain high in Korea as the region waits uneasily for Kim Jong Un's next move. Asian markets ended
mixed. The Shanghai Composite closed down 0.6%, while the Hang Seng advanced 0.1%.
The Nikkei continued to rally, adding another 2.8%, as investors cheered new stimulus measures from the Bank of Japan. T
yen weakened against the U.S. dollar, falling to its lowest level since 2009.
The dollar fell against the euro but gained ground versus the British pound.
Oil prices rose slightly, while gold edged lower.
The price of the 10-year Treasury edged lower, pushing the yield up to 1.75% from 1.69% late Friday.

First Published: April 8, 2013: 9:42 AM ET

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4/9/13

Dow closes at new record high - Apr. 9, 2013

Dow closes at new record high


By Maureen Farrell @CNNMoneyInvest April 9, 2013: 4:33 PM ET

Click chart for more market data.

NEW YORK (CNNMoney)

Stocks gained traction Tuesday afternoon, pushing the Dow to a new record closing high.
The Dow Jones Industrial Average added 0.4% to end at a new high of 14,673. Earlier the index hit an intraday record high o
14,716. Microsoft ( MSFT, Fortune 500) and Intel ( INTC, Fortune 500) were among the biggest gainers on the blue chip
index.
The S&P 500 and the Nasdaq edged up between 0.4% and 0.5%.
Solar stocks got a big boost after First Solar issued much-better-than expected guidance. Shares of First Solar (
more than 45%.
Solar energy ETFs, including Guggenheim Solar ETF (
company SunPower ( SPWR).

TAN ) and Market Vectors ETF (

FSLR) soa

KWT) spiked, as did solar power

In other corporate news, J.C. Penney ( JCP, Fortune 500) shares tumbled after the retailer announced that it was replacin
CEO Ron Johnson with his predecessor, Mike Ullman. More than 89 million shares traded by the close -- more than eight tim
the average trading volume for an entire day.
Meanwhile, Herbalife ( HLF) announced that KPMG had resigned as its auditor because of an alleged insider trading sche
in Herbalife stock that involved one of KPMG's former partners. After being halted for most of the morning, Herbalife's sha
closed down 4%. Analysts at DA Davidson downgraded the stock Tuesday afternoon.
KPMG also resigned as the auditor of Skechers ( SKX) as part of the same alleged insider trading situation. After being hal
in the morning, Skechers' shares jumped 2% once they resumed trading.
Shares of real estate brokerage firm Realogy ( RLGY) dropped nearly 9% in after hours trading, after the parent company o
Century 21 and Coldwell Banker announced preliminary first quarter results that missed estimates.
Investors are waiting for more corporate results after Alcoa ( AA, Fortune 500) unofficially kicked off earnings season late
Monday. The aluminum producer, which beat analysts' earnings expectations, is often considered a proxy for corporate res
money.cnn.com/2013/04/09/investing/stocks-markets/index.html?iid=HP_LN

1/2

4/9/13

Dow closes at new record high - Apr. 9, 2013

months, according to FactSet, which forecast overall earnings growth to contract 0.6%.
But Dan Greenhaus, chief global strategist with BTIG, noted that there have been four times as many negative preannouncements than positive ones.
Related: A tough quarter for banks

Mega-banks JPMorgan Chase (


week.

JPMPRI) and Wells Fargo (

WFC, Fortune 500) are set to release quarterly results later

After this year's strong run, most analysts expect investors to periodically tap on the brakes. All three major indexes have ra
8% to 12% since January, and the Dow and S&P 500 have both set new record highs this month.
Related: Fear & Greed index idles in neutral

With little U.S. economic news on the calendar, investors also grappled with mixed reports on the health of the global econo
Reports showed that inflation in China was falling, yet stalled growth in the eurozone continues to worry investors. Export
of Germany fell faster than expected in February.
European markets closed mixed, helped by news of falling inflation in China, which also boosted the Shanghai Composite a
the Hang Seng. Japan's Nikkei was flat.
The dollar fell against the euro, the British pound and the Japanese yen.
Oil and gold prices rose nearly 1%.
The yield on the 10-year Treasury hovered around 1.75%.

First Published: April 9, 2013: 9:45 AM ET

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Dow Logs Fresh Record Close on Strong China Data | Fox Business
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FOX Business: Capitalism Lives Here

Pr int
Em ail

The blue-chip average notched a fresh record close on Tuesday after

Shar e

data suggesting price pressure in China is in check overshadowed a

0 Com m ents

weak U.S. wholesale inventory reading.

Like

1 Oshkosh to Cut 900 Jobs in


Defe nse Unit
2 KPMG in Insider-Trading Scandal
3 First Solar Surges 30% on Guidance

Today's Markets
Tw eet

According to preliminary calculations, the Dow Jones Industrial

Shar e

Average rose 60 points, or 0.41%, to 14673., the S&P 500 gained


15.6 points, or 0.48%, to 3238.
CITIGROUP IN...

JCP

+0.33

13.93
-1.94

AA

8.39

AAPL
APPLE INC....

Stocks Jump on Str ong China Data

See all tr ends

43.89

J.C. PENNEY...

ALCOA INC....

5.5 points, or 0.35%, to 1569 and the Nasdaq Composite climbed

RELATED STOCKS

4 Boeing to invest $1 billion to ex pand


South Carolina 787 factory

Retail-level inflation in China fell to a year-to-year rate of 2.1% in


March from 3.2% the month before. Economists expected a reading
of 2.4%. The data "put to bed any fears that the Peoples Bank of
China will hike interest rates," David Madden, a market analyst at IG
in London wrote in an e-mail.

0.00

426.98
+0.77

Bus ines s Leader s

That comes as good news to many traders who have worried that the
world's second-biggest economy may see its growth slow down
rapidly, especially if the PBoC pulled back on its monetary policy
levers.

www.foxbusiness.com/markets/2013/04/09/dow-logs-fresh-record-close-on-strong-china-data/

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Dow Logs Fresh Record Close on Strong China Data | Fox Business

However, counterbalancing those data, was a weaker-than-expected


Mor e

wholesale inventories report. Wholesale inventories slumped 0.3% in


February from the month before, compared to expectations of a 0.5%
gain. It was the biggest decline since September 2011. Inventories
are generally seen as an indicator of expected demand.
On the U.S. front, Alcoa (AA) unofficially kicked off earnings season
with mixed results. The blue-chip aluminum maker revealed adjusted
first-quarter profits of 11 cents a share, topping expectations of 8
cents. Meanwhile, revenues came in at $5.8 billion, shy of

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...
Pow ered by

from Wall Street Words.

expectations of $5.88 billion.


J.C. Penney (JCP) ousted Apple (AAPL ) alumnus Ron Johnson
from its top spot, installing its former chief executive, Mike Ullman, at
the helm. Traders panned the news, sending the stock sinking close
to 10%. Still, analysts at Citigroup (C) told clients Tuesday Ullman is
a "strong choice" based on his deep experience in retail and at
struggling Penney.

RECENT QUOTES

FOX50

+0.33%

FOX 50 INDEX

Today

GS

+1.88%

THE GOLDMAN S...

MSFT

Elsewhere, energy and gasoline futures were in the green. The


benchmark U.S. crude oil contract rose 21 cents, or 0.22%, to $93.57
a barrel. Wholesale New York Harbor gasoline climbed 0.88% to
$2.935 a gallon. In metals, gold fell $1, or 0.06%, to $1,572 a troy

Today

+3.57%

MICROSOFT COR...

Today

GOOG

+0.36%

GOOGLE INC.

XOM

EXXONMOBIL CO...

Today

+0.19%
Today

1,132.91
4:20 PM

146.52
4:00 PM

29.61
4:00 PM

777.65
4:00 PM

88.77
4:00 PM

ounce.
Foreign Markets
The Euro Stoxx 50 climbed 0.65% to 2606, the English FTSE 100
gained 0.5% to 6308 and the German DAX rose 0.32% to 7686.
In Asia, the Japanese Nikkei 225 was flat at 13192 and the Chinese
Hang Seng jumped 0.7% to 21870.
Follow Adam Samson on Twitter @adamsamson.
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Dow and S&P 500 close at new record highs - Apr. 10, 2013

Dow and S&P 500 close at new record highs


By Maureen Farrell @CNNMoneyInvest April 10, 2013: 4:20 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Stocks enjoyed steep gains Wednesday, pushing the Dow and S&P to close at new record highs.
Investors started buying early in the day, after the Federal Reserve's minutes showed that most members think asset
purchases should continue through at least mid-2013.
"People still think that we will have QE in perpetuity," said Douglas DiPietro, head of trading at Evercore.
Don't fight the Fed: The minutes, which were released five hours early, showed that central bankers remain divided over
whether quantitative easing should be continued longer-term. But that didn't appear to worry investors.
The Dow hit a new trading high of 14,826.66, moving up 0.9%. The S&P 500 finally topped its 2007 intraday record high, gaining
1.2% to a new record of 1,589.07.
The Nasdaq jumped 1.8%.
Several analysts and traders said that Wednesday's surge came mostly from investors not wanting to miss any more legs of the
rally. Outside of the Fed minutes, there was no clear catalyst for the surge.
"The path of least resistance is to push the market higher," said DiPietro.
Related: Wanna invest like Buffett? There's an app for that

Investors also liked trade figures out of China for March that showed a 10% year-over-year increase, buoyed primarily by
exports to the United States.
Also Wednesday, President Obama unveiled his 2014 budget proposal, which serves as an important marker in continuing debt
negotiations in Washington.
What's moving: In company news, shares of Family Dollar (
earnings miss and weak outlook.

FDO, Fortune 500) erased earlier losses to close up 1%, despite an

Better-than-expected results from computer networking company Adtran ( ADTN ) helped push up other networking
companies, including Cisco ( CSCO, Fortune 500) and Alcatel-Lucent ( ALU).

money.cnn.com/2013/04/10/investing/stocks-markets/index.html?iid=Lead

1/2

4/10/13

Dow and S&P 500 close at new record highs - Apr. 10, 2013

Shares of JC Penney ( JCP, Fortune 500) closed up 1%, despite continued uncertainty about the troubled retailer's future after
former CEO Ron Johnson was ousted Monday.
Facebook's ( FB) stock rose more than 4% after General Motors (
advertising on the social media site, ending its year-long hiatus.
Shares of First Solar (
panel maker.

GM, Fortune 500) announced that it would return to

FSLR) pulled back after a big surge Tuesday following better-than-expected guidance from the solar

Home builder Taylor Morrison (


its range.

TMHC) jumped 5% in its public debut, after the initial public offering priced at the high end of

Bitcoin bubble bursting? The price of a Bitcoin, the virtual currency craze that many speculated was a bubble, dropped as much
60% Wednesday. After hitting a high of $266 earlier in the day, Bitcoin fell as low as $105.
In the world of real paper currencies, the dollar and euro were up against the Japanese yen but fell against the British pound.
European markets closed higher, with London's FTSE 100 rising 1.2% and the CAC 40 in Paris and the DAX in Frankfurt gaining
more than 2%.
Asian markets ended higher, as China trade data offset continued tensions and potential war on the Korean peninsula and
Fitch Ratings' warning over excessive debt in China.
Related: Fear & Greed Index turns greedy

The Hang Seng increased 0.8%, the Nikkei gained 0.7% and the Shanghai Composite added less than 0.1%.
Oil prices rose, while gold prices slumped nearly 2%.
The yield on the 10-year Treasury rose to 1.81% from 1.75% Tuesday.

First Published: April 10, 2013: 9:49 AM ET

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Dow, S&P Soar to All-Time Highs on Fed Minutes | Fox Business


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The broad S&P 500 roared past its highest levels on record

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Wednesday after minutes from the Federal Reserve signaled the

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1 Inside the Billion-Dollar Fight


to Foil High-Se a Hijackings
2 Chrysler recalls more than
263,000 vehicles globally
3 Thresholds for Ending QEIII Not
Likely
4 A Budget that Everyone Can Dislike?

Shar e

The Dow Jones Industrial Average climbed 129 points, or 0.88%, to


14802, the S&P 500 gained 19.1 points, or 1.2%, to 1588 and the
Nasdaq Composite rose 59.4 points, or 1.8%, to 3297.
Despite a choppy end of the week last week, the markets have
managed to continue their move into uncharted territory. The Dow and

S&P Hits All-Time High in Broad Rally

See all tr ends

Bus ines s Leader s

S&P 500 both zipped past record intraday levels. It was the thirteenth
time this year the blue-chip index ended at a record high. The techheavy Nasdaq, which is still far from its dot-com era highs, posted its
biggest surge since the New Year's rally on January 2.

Report: Ackman Sticking with


Penney
Wal-Mar t Exec Who Called Sales 'Total Dis as ter '
Leaves
Mar y Jo White Sw or n in as New SEC Chief

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Dow, S&P Soar to All-Time Highs on Fed Minutes | Fox Business

Every major sector closed in the green, led by technology, health-care,

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BCS

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consumer discretionary and financial stocks. Energy, utilities and


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consumer staples broadly lagged. Traders also ditched safe-haven


assets, sending the yield in the 10-year Treasury jumping 0.059
percentage point to 1.809%.
The world economy came into focus once again.
Minutes from the last Federal Open Market Committee meeting

FOMC: Active Debate Over


Winding Dow n Bond Buying

showed members of the Federal Reserves policy-setting board

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...
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from Wall Street Words.

generally saw the economic benefits of the central banks vast


quantitative easing program outweighing the costs and risks, but said
an ongoing assessment of the benefits and costs was necessary.

Obama's Budget a
Blueprint for Grow th?

Additionally, the minutes showed a few participants were not


convinced that asset purchases benefit the economy beyond a shortlived impact on the financial markets. The minutes were released
hours earlier than expected after the central bank inadvertently

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FOX50

+1.22%

FOX 50 INDEX

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GS

+2.01%

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emailed the often market-moving minutes to an email distribution list

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Meanwhile, China saw its imports surge 14.1% in March on a year-to-

XOM

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1,146.69
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149.46
4:04 PM

30.28
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790.18
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88.68
4:00 PM

exports jumped 10% on the same basis -- just shy of the 10.5%
increase economists forecast. That left the world's No. 2 economy
with an $884 million trade deficit, a far cry from estimates of a $15.4
billion surplus.
Jian Chang, an economist at Barclays (BCS), wrote in a note to
clients that the data pointed to "a pickup in demand amid a gradual,
albeit steady, recovery." Combined with a report Tuesday showing
price pressure remains in check, the data have helped alleviate fears
that the country could be in for a dramatic slowdown.
Elsewhere, oil prices were under modest pressure, and the volatile
trade in gasoline continued. The benchmark U.S. crude oil contract fell
58 cents, or 0.62%, to $93.62 a barrel. Wholesale New York Harbor
gasoline sold off by 1.3% to $2.905 a gallon. In metals, gold dropped
$8.10, or 0.51%, to $1,578 a troy ounce.
Foreign Markets
The Euro Stoxx 50 surged 1.5% to 2633, the English FTSE 100
gained 0.84% to 6367 and the German DAX rallied 1.2% to 7726.
In Asia, the Japanese Nikkei 225 rose 0.73% to 13288 and the
Chinese Hang Seng jumped 0.75% to 22035.
Follow Adam Samson on Twitter @adamsamson.

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Dow, S&P Soar to All-Time Highs on Fed Minutes | Fox Business

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4/11/13

Sensex rises 128 points to one-week high ahead of inflation, IIP data - The Hindu

Business Markets
Published: April 11, 2013 16:44 IST | Updated: April 11, 2013 17:05 IST

Sensex rises 128 points to one-week high ahead of inflation, IIP data
PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre.

The Hindu

Rising for the second day, the BSE benchmark Sensex on Thursday jumped by 127.75 points to end at one-week high
level of 18,542.20 on the back of solid 3-4 per cent gains in shares of Infosys, ICICI Bank and Tata Motors ahead of
consumer inflation and IIP data tomorrow.
The Bombay Stock Exchange 30-share barometer resumed strong and moved in a range of 18,599.14 and 18,397.94
before concluding at one-week high of 18,542.20 - a gain of 127.75 points or 0.69 per cent. On Wednesday, it rose by
187.97 points.
Thursdays close was the highest since 18,801.64 on April 3.
Similarly, the CNX Nifty of the NSE also improved further by 35.30 points or 0.64 per cent to end at 5,594.00.
Brokers said buying was seen in realty, IT, banking and capital goods counters ahead of IIP and CPI data to be
released on Friday. Infosys, which surged by 3.72 per cent, is also expected to help set the tone for markets tomorrow
as the IT bellwether will come out with its quarterly earnings.
Tata Motors, ICICI Bank, L&T, HDFC Bank, ONGC, Sun Pharma and SBI also attracted good buying interest.
Sentiment also improved after data showed Foreign Institutional Investors (FIIs) bought shares worth a net Rs 40.22
crore on Wednesday.
However, Bharti Airtel was the biggest loser in Sensex as it fell 2.31 per cent after it was restrained by Supreme Court
from providing 3G roaming services to new customers in 7 circles where it does not have licence to do so on Thursday.
Barring China, other Asian stocks closed with gains, as the yen neared 100 to the dollar after the Bank of Japan said it
will maintain stimulus and loan growth in China topped estimates. European markets too were quoting higher in
their early trade.
Key Asian benchmark indices in Hong Kong, Japan, Singapore, South Korea and Taiwan rose by 0.30 per cent to 1.96
per cent. US stocks climbed yesterday after reports said minutes from the last Federal Reserve meeting quelled fears
that the central bank will slow its monthly bond purchases.
www.thehindu.com/business/markets/sensex-rises-128-points-to-oneweek-high-ahead-of-inflation-iip-data/article4606172.ece?css=print

1/2

4/11/13

Sensex rises 128 points to one-week high ahead of inflation, IIP data - The Hindu

In Europe, Frances CAC was up by 0.60 per cent, Germanys DAX by 0.55 per cent and the FTSE by 0.33 per cent.
Back home, 16 out of 30-Sensex based scrips closed up.
Traders are awaiting the crucial macroeconomic data due for release for directional cues, said ICICIdirect.com.
The February IIP data and March consumer price index inflation number are keenly awaited by investors to
understand RBIs stance on further rate cuts, analysts said.
Tata Motors was the top gainer from the Sensex pack with a rise of 3.92 per cent, followed by ICICI Bank (3.52 pc),
L&T (2.05 pc), Sun Pharma (1.81 pc), Cipla (1.73 pc), ONGC (1.41 pc), HDFC Bank (1.10 pc), Maruti Suzuki (1.04 pc)
and SBI (1.02 pc).
However, Bharti Airtel dropped by 2.31 per cent, followed by Tata Steel (2.24 pc), HDFC (1.90 pc), NTPC (1.48 pc),
Bajaj Auto (1.42 pc), RIL (1.27 pc) and Tata Power (1.10 pc).
Among the sectoral indices, the S&P BSERealty rose by 2.21 per cent, followed by S&P BSEIT (2.04 pc), S&P
Bankex (1.53 pc), S&P BSETeck (1.49 pc) and S&P BSECG (1.25 pc).
The total market breadth remained positive as 886 stocks closed with gains while 796 others concluded with losses
and 765 scrips closed stable. The total turnover was relatively low at Rs 1,696.44 crore from Rs 1,816.41 crore on
Wednesday.
Keywords: Bombay Stock Exchange, Sensex, Infosys, stock index
Printable v ersion | Apr 1 2 , 2 01 3 4 :1 9 :03 AM | http://www.thehindu.com /business/m arkets/sensex-rises-1 2 8-points-to-oneweek-high-ahead-of-inflation-iipdata/article4 6 06 1 7 2 .ece
The Hindu

www.thehindu.com/business/markets/sensex-rises-128-points-to-oneweek-high-ahead-of-inflation-iip-data/article4606172.ece?css=print

2/2

4/11/13

Another record close for Dow and S&P 500 - Apr. 11, 2013

Another record close for Dow and S&P 500


By Emily Jane Fox @CNNMoneyInvest April 11, 2013: 4:25 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks had another day of gains Thursday that pushed the Dow and S&P 500 to new record highs.
The Dow Jones Industrial Average topped the previous day's record high, rising 0.4% to close at 14,865.14. The blue chip index
is now less than 1% away from 15,000.
The S&P 500 gained nearly 0.4% to 1,593.37, also a new record and putting the broad index just 0.4% away from 1,600.
"It's a market that's climbed the walls of worry. When there are pullbacks, the market rebounds quickly," said Tim Ghriskey,
chief investment officer at Solaris Asset Management.
The outlier was the Nasdaq , which was dragged down by weakness in the tech sector. Shares of PC-related companies extended
the prior day's sell-off following news that PC sales fell 14% worldwide last quarter.
Shares of Microsoft (
between 3% and 7%.

MSFT, Fortune 500), Intel (

INTC, Fortune 500) and Hewlett-Packard (

HPQ, Fortune 500) fell

Herbalife ( HLF) spiked 3% after the Securities and Exchange Commission filed insider trading charges against the former
KPMG partner who was fired after allegedly leaking insider trading information. KPMG resigned as auditor of the nutritional
supplement company on Wednesday.
Related: Stock rally has room to run

On the economic front, investors largely shrugged off a better-than-expected weekly report on initial jobless claims.
Retailers also reported a mixed bag of February same-store sales -- a key metric used to gauge consumer spending.
Sales at Costco ( COST, Fortune 500) rose 4%, missing forecasts, while Gap (
that rose a better-than-expected 3% in the latest month.

GPS, Fortune 500) reported same-store sales

Shares of Yum Brands ( YUM, Fortune 500) were slightly higher after falling in premarket trading. The restaurant operator
revealed that its same-store sales in China dropped in March amid an ongoing food safety scandal and concerns about bird flu.
Despite the company's recall of 1.7 million vehicles because of airbag defects, Toyota (

money.cnn.com/2013/04/11/investing/stocks-markets/index.html?iid=HP_LN

TM) shares rose. Honda (

HMC)

1/2

4/11/13

Another record close for Dow and S&P 500 - Apr. 11, 2013

shares also gained, even after the automaker said it was recalling 1.1 million vehicles with airbag problems. Shares of airbag
supplier Takata Corp closed down 9% in Tokyo.
Related: Fear & Greed Index heads back into greed

Meanwhile, corporate results continued to roll in.


Drugstore chain Rite Aid ( RAD, Fortune 500) swung to a profit in the latest quarter, trouncing forecasts and sending shares
up 19%. Bed Bath & Beyond ( BBBY, Fortune 500) reported earnings in line with forecasts, as sales continued to rise.
The first of the big banks, JPMorgan (
ahead of the opening bell Friday.

JPM, Fortune 500) and Wells Fargo (

WFC, Fortune 500), will report their results

Related: Wall Street sours on gold

European markets closed higher, supported by Wall Street's record-breaking run.


Asian markets also ended with gains. The Shanghai Composite added 0.1%, the Hang Seng increased 0.3% and the Nikkei
jumped 2%.
Oil prices were lower, while gold prices were slightly higher.
The yield on the 10-year Treasury fell to 1.79% from 1.81% Tuesday.

First Published: April 11, 2013: 9:53 AM ET

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4/11/13

Jobs Data Lift Dow, S&P to Record Highs | Fox Business


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According to preliminary calculations, the Dow Jones Industrial


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gained 5.6 points, or 0.35%, to 1594 and the Nasdaq Composite


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The Dow logged its fourteenth record close of the year, while the
broader, and generally more closely watched, S&P closed out at

See all tr ends

another record high.


Bus ines s Leader s

The focus was on the American jobs market. The Labor Department
reports new claims for unemployment benefits fell to 346,000 last

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www.foxbusiness.com/markets/2013/04/11/jobs-data-lift-dow-sp-to-record-highs/

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4/11/13

Jobs Data Lift Dow, S&P to Record Highs | Fox Business

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Leaves

readings after the March jobs report showed much weaker-than-

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expected payroll growth, in a sign the economic recovery could be


losing steam.

Mor e

The Commerce Department said U.S. import prices dropped 0.5% in


March from February, in line with expectations. Export prices dropped
0.4% for the month, compared to expectations of a 0.1% rise.
Meanwhile, the markets have cheered news that the Bank of Japan
will do whatever it takes to boost inflation to a year-to-year pace of 2%
in a bid to escape its decades long deflation trap. The measures
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Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
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bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
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from Wall Street Words.

plunging to four-year lows against the U.S. dollar.


In corporate news, Microsoft (MSFT) shares were under pressure
after Goldman Sachs (GS) cut the blue-chip stock to "sell" from
"neutral." Yum Brands (YUM) also fell sharply after the owner of KFC
and Taco Bell warned that bird flu jitters in China could impact its
bottom line.

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Elsewhere, oil and gasoline futures down solidly. The benchmark


crude oil contract traded in New York sunk $1.13, or 1.2%, to $93.51
a barrel. Wholesale New York Haboar gasoline fell 1.2% to $2.831 a
gallon. In metals, gold climbed $6.10, or 0.39%, to $1,565 a troy
ounce.

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Foreign Markets
The Euro Stoxx 50 rose 0.21% to 2668, the English FTSE 100 gained
0.33% to 6409 and the German DAX advanced 0.52% to 7851.
In Asia, the Japanese Nikkei 225 surged 2% to 13549 and the
Chinese Hang Seng edged up 0.3% to 22101.
Follow Adam Samson on Twitter @adamsamson.
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Jobs Data Lift Dow, S&P to Record Highs | Fox Business


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4/15/13

Sensex recovers on rate cut hopes, lower crude prices - The Hindu

Business Markets
Published: April 15, 2013 16:47 IST | Updated: April 15, 2013 16:47 IST

Sensex recovers on rate cut hopes, lower crude prices


PTI

Sensex/Nifty graph.

PTI graphics

The BSE benchmark Sensex on Monday recovered 115 points on funds buying in bluechip stocks such as ONGC, SBI,
Bharti Airtel and RIL amid lower crude oil prices in overseas markets and hopes of rate cut by RBI in May after lowerthan-expected inflation number in March.
Wiping off initial losses, the Sensex bounced back to close higher by 115.24 points, or 0.63 per cent to 18,357.80.
The index had dropped 300 points in the previous session.
The broad-based National Stock Exchange index Nifty rose by 39.85 points, or 0.72 per cent, to 5,568.40, after
touching the days low of 5,500.30.
Brokers said oil and gas sector stocks were higher as crude oil declined in overseas markets, while easing inflation
data in March triggered hopes of repo rate cut by the Reserve Bank of India in its annual policy meet on May 3.
Softening vegetable prices has pulled down inflation to over three-year low of 5.96 per cent in March. This is the
lowest level of Wholesale Price Index (WPI) inflation since December 2009 when it was 4.95 per cent.
A weakening trend in overseas makets as foreign funds shifted their focus to India, failed to influence the sentiment,
traders added.
After a steep fall in gold and silver prices, stocks of gold loan finance companies such as Muthoot Finance and Titan
industries were down significantly.
In 30-BSE index components, 15 stocks gained while other 15 closed with losses.
The oil and gas sector index gained the most by rising 2.37 per cent to 8,561.17 followed by FMCG index by 1.45 per
cent to 5,876.31. PSU index gained 1.38 per cent to 6,544.60 and banking index by 0.96 per cent to 13,201.03.
www.thehindu.com/business/markets/sensex-recovers-on-rate-cut-hopes-lower-crude-prices/article4620086.ece?css=print

1/2

4/16/13

Sensex vaults 387 points - The Hindu

Business Markets
Published: April 16, 2013 16:57 IST | Updated: April 16, 2013 21:46 IST

Sensex vaults 387 points


PTI

The BSE benchmark Sensex on Tuesday surged 387 points, its biggest gain in seven months, to end at 18,744.93 led
by banking, auto, power and realty scrips on hopes of aggressive rate cut by RBI and likely relief on CAD front due to
falling gold and oil prices.
Rising for the second day, the 30-share Sensex rose to the days high of 18,771.33. It finally ended the day at 18,744.93,
showing a significant rise of 387.13 points, or 2.11 per cent, its biggest gain since September 2012. The gauge rose
over 171 points in the early trade.
The NSE 50-share Nifty spurted by 120.55 points, or 2.16 per cent to close at 5,688.95.
In the 30BSE index component, 27 stocks advanced while 3 closed with losses.
The banking sector index emerged best performer by gaining 2.94 per cent to 13,588.60 points with all the 14
components, led by State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Federal Bank and Yes Bank ending in
positive zone with gains up 5.58 per cent.
The auto sector index by 2.54 per cent to 10,072.93 points as Maruti Suzuki, Tata Motors, Mahindra and Mahindra,
Hero Motocorp and Bajaj Auto registered smart gains.
The stock in oil and gas sector extended yesterdays gains with BPCL rising 2.72 per cent, HPCL by 0.93 per cent,
ONGC by 3.87 per cent and IOC by 0.43 per cent.
RIL stocks rose by 1.38 per cent ahead of its fourth quarter earnings.
Shares of Tata Power ended 2.02 per cent higher after electricity regulator CERC allowed the company to raise power
tariffs to compensate for an unexpected increase in coal cost.
However, stocks of gold finance companies remained under pressure on rising risk of default due to persistent fall in
the precious metal prices. Manappuram Finance fell 9.77 per cent and Muthoot Finance by 9.44 per cent.
Globally, Asian stocks ended mixed, European markets were trading lower in early trade today.
Keywords: sensex, BSE, closing trade
Printable v ersion | Apr 1 7 , 2 01 3 3 :2 7 :51 AM | http://www.thehindu.com /business/m arkets/sensex-v aults-3 87 -points/article4 6 2 3 4 7 1 .ece
The Hindu

www.thehindu.com/business/markets/sensex-vaults-387-points/article4623471.ece?css=print

1/1

4/16/13

Stocks bounce back after year's worst sell-off - Apr. 16, 2013

Stocks rebound from year's worst sell-off


By Hibah Yousuf @CNNMoneyInvest April 16, 2013: 4:32 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks bounced back from the biggest one-day sell-off of the year Tuesday, as investors cheered a full slate of corporate
results and economic reports.
The Dow Jones industrial average jumped more than 150 points, or 1.1%. The S&P 500 added 1.4% and Nasdaq rose 1.5%.
The rebound comes one day after all three indexes declined sharply, following weak economic news out of China and two
explosions in Boston.
Housing recovery: Investors were encouraged by housing starts, which topped 1 million in March for the first time since June of
2008. Building permits came in at an annual rate of 902,000 in March. That was slightly less than forecasts but still solid.
Homebuilder stocks spiked, with PulteGroup (
Lennar ( LEN) rising 2.4%.

PHM) rising more than 4%, Hovnanian Enterprises (

HOV) adding 1.6% and

Meanwhile, the Consumer Price Index slipped 0.2% in March, more than the 0.1% decline that economists expected. Core CPI,
excluding food and energy prices, rose 0.1%. The CPI report is the latest to show that inflation is not a problem right now, which
means the Federal Reserve may be able to continue its quantitative easing program of bond purchases for some time.
Strong earnings roll in: Coca-Cola ( KO, Fortune 500) shares jumped nearly 6%, leading gains on the Dow and S&P 500, after
the company topped earnings and sales forecasts.
Johnson & Johnson (
expectations.

JNJ, Fortune 500) shares gained modest ground after the company's first quarter earnings also exceeded

Goldman Sachs ( GS, Fortune 500) reported solid results, but the bank's shares slid almost 2% as investors worried that
Goldman may be taking on too much risk to deliver such strong earnings.
Tech giant Intel ( INTC, Fortune 500) reported after the closing bell. The chipmaker's revenue topped forecasts and the
company also issued strong sales guidance. Shares of Intel rose in after-hours trading.
Yahoo ( YHOO, Fortune 500) also reported earnings after the bell. The company's revenue was below estimates but it still
reported higher-than-expected earnings. Shares declined slightly in after-hours trading.

money.cnn.com/2013/04/16/investing/stocks-markets/index.html?iid=HP_LN

1/2

4/16/13

Stocks bounce back after year's worst sell-off - Apr. 16, 2013

In other corporate news, Target ( TGT, Fortune 500) shares pulled back after the discount retailer lowered its earnings and
sales forecast, blaming seasonal factors.
J.C. Penney ( JCP, Fortune 500) shares spiked after Bloomberg reported that the struggling retailer may borrow against its
real estate holdings to raise cash.
Related: Fear & Greed Index ticks up to neutral

Gold regains some luster: Gold rebounded Tuesday, a day after prices tumbled 9% to a 2-year low. Gold prices gained almost
2%, settling at $1,387.40 an ounce. Other commodities were mixed.
"I think yesterday's decline, in both commodities and equities, may have been overdone, so we're having a bit of a rebound," said
Peter Cardillo, chief market economist at Rockwell Global Capital.
Boston remains in focus: The Boston bombings have "a minimal economic impact, but a very large emotional impact in the
marketplace," said Lazard managing director Art Hogan, who was working in Boston at the time of the attack. "This is a harsh
reminder that we live in La very dangerous world."
Related: World markets drop on worries about economic growth

European markets closed with modest losses on concerns about slowing global growth, while Asian markets ended mixed. The
Nikkei dropped 0.4%, the Shanghai Composite added 0.6% and the Hang Seng fell 0.5%.
The dollar dropped versus the euro and the pound, but climbed versus the Japanese yen.
The price on the 10-year Treasury yield fell, pushing the yield up to 1.72% from 1.70% late Monday.

First Published: April 16, 2013: 9:49 AM ET

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U-Turn: Earnings, Data Ignite Rally on Wall Street | Fox Business


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Gold futures climbed $26.30, or 1.9%, to $1,387 a troy ounce
following the biggest selloff in a percent basis in three decades. The
benchmark U.S. crude oil contract was essentially flat at $88.72 a
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4/16/13

U-Turn: Earnings, Data Ignite Rally on Wall Street | Fox Business

The docket of corporate and economic events was full on the day.

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KO
THE COCA COL...

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Pur pos e Mus t Be a Pr ior ity at the Top

Coca-Cola (KO) unveiled adjusted first-quarter profits of 46 cents a

Mor e

share, topping estimates by a penny. Sales of $11.03 billion also beat


expectations of $10.94 billion. Goldman Sachs (GS) posted diluted,
first-quarter earnings of $4.29 a share, compared to $3.92 in the
same period in 2012. It wasnt immediately clear whether the figure
was comparable to estimates of $3.88 a share. Revenues of $10.09
billion topped expectations of $9.72 billion.

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
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components, prices were up 0.1%, a slightly shallower rise than the
0.2% increase economists forecast. The headline reading climbed
1.5% from the year prior in the smallest year-to-year increase since
July 2012.
The Federal Reserve's industrial production gauge rose 0.4% in
March from the month prior, topping estimates of a gain of 0.2%. Still,
the manufacturing component slipped 0.1%, shy of estimates of a
gain of 0.1%.
Foreign Markets
The Euro Stoxx 50 fell 0.49% to 2612, the English FTSE 100 dipped
0.46% to 6314 and the German DAX slumped 0.37% to 7685.
In Asia, the Japanese Nikkei 225 slipped 0.41% to 13221 and the
Chinese Hang Seng edged lower by 0.46% to 21672.
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4/16/13

U-Turn: Earnings, Data Ignite Rally on Wall Street | Fox Business

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4/15/13

Sensex recovers on rate cut hopes, lower crude prices - The Hindu

Business Markets
Published: April 15, 2013 16:47 IST | Updated: April 15, 2013 16:47 IST

Sensex recovers on rate cut hopes, lower crude prices


PTI

Sensex/Nifty graph.

PTI graphics

The BSE benchmark Sensex on Monday recovered 115 points on funds buying in bluechip stocks such as ONGC, SBI,
Bharti Airtel and RIL amid lower crude oil prices in overseas markets and hopes of rate cut by RBI in May after lowerthan-expected inflation number in March.
Wiping off initial losses, the Sensex bounced back to close higher by 115.24 points, or 0.63 per cent to 18,357.80.
The index had dropped 300 points in the previous session.
The broad-based National Stock Exchange index Nifty rose by 39.85 points, or 0.72 per cent, to 5,568.40, after
touching the days low of 5,500.30.
Brokers said oil and gas sector stocks were higher as crude oil declined in overseas markets, while easing inflation
data in March triggered hopes of repo rate cut by the Reserve Bank of India in its annual policy meet on May 3.
Softening vegetable prices has pulled down inflation to over three-year low of 5.96 per cent in March. This is the
lowest level of Wholesale Price Index (WPI) inflation since December 2009 when it was 4.95 per cent.
A weakening trend in overseas makets as foreign funds shifted their focus to India, failed to influence the sentiment,
traders added.
After a steep fall in gold and silver prices, stocks of gold loan finance companies such as Muthoot Finance and Titan
industries were down significantly.
In 30-BSE index components, 15 stocks gained while other 15 closed with losses.
The oil and gas sector index gained the most by rising 2.37 per cent to 8,561.17 followed by FMCG index by 1.45 per
cent to 5,876.31. PSU index gained 1.38 per cent to 6,544.60 and banking index by 0.96 per cent to 13,201.03.
www.thehindu.com/business/markets/sensex-recovers-on-rate-cut-hopes-lower-crude-prices/article4620086.ece?css=print

1/2

4/16/13

Sensex vaults 387 points - The Hindu

Business Markets
Published: April 16, 2013 16:57 IST | Updated: April 16, 2013 21:46 IST

Sensex vaults 387 points


PTI

The BSE benchmark Sensex on Tuesday surged 387 points, its biggest gain in seven months, to end at 18,744.93 led
by banking, auto, power and realty scrips on hopes of aggressive rate cut by RBI and likely relief on CAD front due to
falling gold and oil prices.
Rising for the second day, the 30-share Sensex rose to the days high of 18,771.33. It finally ended the day at 18,744.93,
showing a significant rise of 387.13 points, or 2.11 per cent, its biggest gain since September 2012. The gauge rose
over 171 points in the early trade.
The NSE 50-share Nifty spurted by 120.55 points, or 2.16 per cent to close at 5,688.95.
In the 30BSE index component, 27 stocks advanced while 3 closed with losses.
The banking sector index emerged best performer by gaining 2.94 per cent to 13,588.60 points with all the 14
components, led by State Bank of India, ICICI Bank, HDFC Bank, Axis Bank, Federal Bank and Yes Bank ending in
positive zone with gains up 5.58 per cent.
The auto sector index by 2.54 per cent to 10,072.93 points as Maruti Suzuki, Tata Motors, Mahindra and Mahindra,
Hero Motocorp and Bajaj Auto registered smart gains.
The stock in oil and gas sector extended yesterdays gains with BPCL rising 2.72 per cent, HPCL by 0.93 per cent,
ONGC by 3.87 per cent and IOC by 0.43 per cent.
RIL stocks rose by 1.38 per cent ahead of its fourth quarter earnings.
Shares of Tata Power ended 2.02 per cent higher after electricity regulator CERC allowed the company to raise power
tariffs to compensate for an unexpected increase in coal cost.
However, stocks of gold finance companies remained under pressure on rising risk of default due to persistent fall in
the precious metal prices. Manappuram Finance fell 9.77 per cent and Muthoot Finance by 9.44 per cent.
Globally, Asian stocks ended mixed, European markets were trading lower in early trade today.
Keywords: sensex, BSE, closing trade
Printable v ersion | Apr 1 7 , 2 01 3 3 :2 7 :51 AM | http://www.thehindu.com /business/m arkets/sensex-v aults-3 87 -points/article4 6 2 3 4 7 1 .ece
The Hindu

www.thehindu.com/business/markets/sensex-vaults-387-points/article4623471.ece?css=print

1/1

4/16/13

Stocks bounce back after year's worst sell-off - Apr. 16, 2013

Stocks rebound from year's worst sell-off


By Hibah Yousuf @CNNMoneyInvest April 16, 2013: 4:32 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks bounced back from the biggest one-day sell-off of the year Tuesday, as investors cheered a full slate of corporate
results and economic reports.
The Dow Jones industrial average jumped more than 150 points, or 1.1%. The S&P 500 added 1.4% and Nasdaq rose 1.5%.
The rebound comes one day after all three indexes declined sharply, following weak economic news out of China and two
explosions in Boston.
Housing recovery: Investors were encouraged by housing starts, which topped 1 million in March for the first time since June of
2008. Building permits came in at an annual rate of 902,000 in March. That was slightly less than forecasts but still solid.
Homebuilder stocks spiked, with PulteGroup (
Lennar ( LEN) rising 2.4%.

PHM) rising more than 4%, Hovnanian Enterprises (

HOV) adding 1.6% and

Meanwhile, the Consumer Price Index slipped 0.2% in March, more than the 0.1% decline that economists expected. Core CPI,
excluding food and energy prices, rose 0.1%. The CPI report is the latest to show that inflation is not a problem right now, which
means the Federal Reserve may be able to continue its quantitative easing program of bond purchases for some time.
Strong earnings roll in: Coca-Cola ( KO, Fortune 500) shares jumped nearly 6%, leading gains on the Dow and S&P 500, after
the company topped earnings and sales forecasts.
Johnson & Johnson (
expectations.

JNJ, Fortune 500) shares gained modest ground after the company's first quarter earnings also exceeded

Goldman Sachs ( GS, Fortune 500) reported solid results, but the bank's shares slid almost 2% as investors worried that
Goldman may be taking on too much risk to deliver such strong earnings.
Tech giant Intel ( INTC, Fortune 500) reported after the closing bell. The chipmaker's revenue topped forecasts and the
company also issued strong sales guidance. Shares of Intel rose in after-hours trading.
Yahoo ( YHOO, Fortune 500) also reported earnings after the bell. The company's revenue was below estimates but it still
reported higher-than-expected earnings. Shares declined slightly in after-hours trading.

money.cnn.com/2013/04/16/investing/stocks-markets/index.html?iid=HP_LN

1/2

4/16/13

Stocks bounce back after year's worst sell-off - Apr. 16, 2013

In other corporate news, Target ( TGT, Fortune 500) shares pulled back after the discount retailer lowered its earnings and
sales forecast, blaming seasonal factors.
J.C. Penney ( JCP, Fortune 500) shares spiked after Bloomberg reported that the struggling retailer may borrow against its
real estate holdings to raise cash.
Related: Fear & Greed Index ticks up to neutral

Gold regains some luster: Gold rebounded Tuesday, a day after prices tumbled 9% to a 2-year low. Gold prices gained almost
2%, settling at $1,387.40 an ounce. Other commodities were mixed.
"I think yesterday's decline, in both commodities and equities, may have been overdone, so we're having a bit of a rebound," said
Peter Cardillo, chief market economist at Rockwell Global Capital.
Boston remains in focus: The Boston bombings have "a minimal economic impact, but a very large emotional impact in the
marketplace," said Lazard managing director Art Hogan, who was working in Boston at the time of the attack. "This is a harsh
reminder that we live in La very dangerous world."
Related: World markets drop on worries about economic growth

European markets closed with modest losses on concerns about slowing global growth, while Asian markets ended mixed. The
Nikkei dropped 0.4%, the Shanghai Composite added 0.6% and the Hang Seng fell 0.5%.
The dollar dropped versus the euro and the pound, but climbed versus the Japanese yen.
The price on the 10-year Treasury yield fell, pushing the yield up to 1.72% from 1.70% late Monday.

First Published: April 16, 2013: 9:49 AM ET

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Economist: " Obama


Won't Finish Term
Without Botto m Droppi

Billionaire Tells
Americans to Prepare
For " Financial Ruin"

Money Morning

Moneynews

by Taboola

Car Depreciation: 5
Models that Lose Value

The Average Salary of an


E5 Army Sergeant

Bankrate

eHow

Recom m ende d for Y ou


FedEx raises red flags about global economy
Does Jeep have a design problem?
Stocks headed for bounce
Blue Angels grounded by budget cuts
[what's this]

2013 Cable New s Netw ork. A Time Warner Company. All Rights Reserved. Terms under w hich this service is provided to you. Privacy Policy. Ad choices .

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4/16/13

U-Turn: Earnings, Data Ignite Rally on Wall Street | Fox Business


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U-Turn: Earnings, Data Ignite Rally on Wall


Street
By Adam Samson

Pub lished April 16, 2013

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Wall Street zoomed higher Tuesday, partially offsetting heavy losses

Markets Selling Off


Across the Board

Airstr eam Speeds Ahead

Dubai Police Unveil


Lamborghini Squad Car

Do the Numbers in White


House Budget Add Up?

TRENDING IN NEWS

1 Am erican Re store s Sy ste m


Outage , Departure s Slow ly
Resum e

Shar e

in the prior session, as traders cheered earnings from two blue-chip

0 Com m ents

companies and mostly upbeat economic data.

2 J.C. Penney draws down $850


million to keep liquidity

Today's Markets

3 U-Turn: Earnings, Data Ignite Rally


on Wall Street

The Dow Jones Industrial Average rallied 158 points, or 1.1%, to

4 Strong Drug Sales Lift J&J Above Street


in 1Q

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0
19

14757, the S&P 500 jumped 22.2 points, or 1.4%, to 1575 and the
Nasdaq Composite climbed 48.2 points, or 1.5%, to 3265.
The markets took a thrashing on Monday, with the Dow and S&P 500
taking their worst falls since last November. The tech-heavy Nasdaq
stumbled the most since June. The move was driven by a confluence
of factors, from weak data in China, to a collapse in the commodities

Prices at the Pump Fall as Crude Oil Trades


Low er
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Bus ines s Leader s

complex, to news of the bombings in Boston.


Gold futures climbed $26.30, or 1.9%, to $1,387 a troy ounce
following the biggest selloff in a percent basis in three decades. The
benchmark U.S. crude oil contract was essentially flat at $88.72 a
barrel after plummeting 2.8% in the last session.

What Kind of Fed Chief Would


Janet Yellen Be?
Good Sales Jus t Ar ound Cor ner for Local
Mer chants , Says Retail Star tup

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U-Turn: Earnings, Data Ignite Rally on Wall Street | Fox Business

The docket of corporate and economic events was full on the day.

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KO
THE COCA COL...

GS
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INTC
INTEL CORP....

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JNJ
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23.79
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83.44

Pur pos e Mus t Be a Pr ior ity at the Top

Coca-Cola (KO) unveiled adjusted first-quarter profits of 46 cents a

Mor e

share, topping estimates by a penny. Sales of $11.03 billion also beat


expectations of $10.94 billion. Goldman Sachs (GS) posted diluted,
first-quarter earnings of $4.29 a share, compared to $3.92 in the
same period in 2012. It wasnt immediately clear whether the figure
was comparable to estimates of $3.88 a share. Revenues of $10.09
billion topped expectations of $9.72 billion.

Financial Guaranty Insurance


Corporation
A private insurer of interest and principal
payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

Johnson & Johnson (JNJ ) posted adjusted first-quarter earnings of

In...

$1.44 a share on revenues of $17.5 billion, topping expectations of

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from Wall Street Words.

$1.40 a share on $17.42 billion.

+1.73

Intel (INTC) and Yahoo! (YHOO) report after the close in New York.

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FOX50

+1.34%

The Commerce Department said housing starts jumped 7% in March

FOX 50 INDEX

Today

from February to an annualized 1.03 million-unit rate, easily beating

GS

-1.61%

expectations of 930,000. Permits dropped 3.9% for the month to an


annualized rate of 902,000 units, falling short of forecasts of 940,000
units.

THE GOLDMAN S...

MSFT

the consumer level fell 0.2% in March from February, compared to

+0.98%

MICROSOFT COR...

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GOOG

+1.46%

GOOGLE INC.

Meanwhile, a report from the Labor Department showed inflation at

Today

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Today

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Today

1,142.97
4:20 PM

144.10
4:00 PM

28.97
4:00 PM

793.37
4:00 PM

86.61
4:00 PM

expectations of no change. Excluding the food and energy


components, prices were up 0.1%, a slightly shallower rise than the
0.2% increase economists forecast. The headline reading climbed
1.5% from the year prior in the smallest year-to-year increase since
July 2012.
The Federal Reserve's industrial production gauge rose 0.4% in
March from the month prior, topping estimates of a gain of 0.2%. Still,
the manufacturing component slipped 0.1%, shy of estimates of a
gain of 0.1%.
Foreign Markets
The Euro Stoxx 50 fell 0.49% to 2612, the English FTSE 100 dipped
0.46% to 6314 and the German DAX slumped 0.37% to 7685.
In Asia, the Japanese Nikkei 225 slipped 0.41% to 13221 and the
Chinese Hang Seng edged lower by 0.46% to 21672.
Follow Adam Samson on Twitter @adamsamson.
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U-Turn: Earnings, Data Ignite Rally on Wall Street | Fox Business

Gold Bugs 'Panick ing,' Selloff To Continue: Analys ts


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Dip

Intel's 1Q Net Shrinks 25%


What's to Blame for Gold's Decline?

Intel's quarterly results may have


missed expectations with a 25% drop
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FBN's Tracy Byrnes on the steep decline in


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Rick Pender gr aft: Metals Slam m ed Even as Sentim ent
Falls

Yahoo, Intel, CSX Am ong Top Ear nings Repor ts After


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Suze Or m an: U.S. Tax Code a 'Tr aves ty' for Gay Couples
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4/18/13

Sensex up on rate cut hopes - The Hindu

Business Markets
Sensex up on rate cut hopes
Special Correspondent

A view of the BSE building in Mumbai. File photo

The Hindu

Benchmark stock indices surged again on Thursday with hopes that the Reserve Bank of India (RBI) would cut
interest rates following the release of exports data by the government earlier in the day. Though exports for 2012-13
have fallen by 1.76 per cent, the data shows marked improvement in March trade deficit numbers.
With buying activity gaining momentum from the second-half, the BSE Sensex surged past the 19000-mark to close
with a gain of 285.30 points at 19016.46.
Similarly, the NSE Nifty surged to its one month high to close at 5783.10, up 94.40 points.
Capital Goods, banking and automobile stocks led the rally. The top Nifty gainers included IndusInd Bank, IDFC,
BhartiAirtel, Tata Motors and Axis Bank.
Top Sensex gainers included Bharti Airtel, Tata Motors, L&T, HDFC and GAIL. Other than Wipro and TCS, all other
Sensex stocks closed with gains.
The markets opened on a flat note, and bounced back on the back of strong buying interest. It closed in the positive
terrain tracking the positive European markets. Barring the IT sector which closed down around 0.31 per cent, all
other sectors closed in the green, said Alex Mathews, Head Research, Geojit BNP Paribas Financial Services.
Rupee bounces back
The rupee on Thursday bounced back by 25 paise to close at over one-month high of 53.96 against the U.S. dollar on
rally in domestic equities and fresh dollar selling by traders enthused by a lower trade deficit.
A weak dollar overseas and a further fall in prices of key commodities also helped the rupee, a forex dealer said.
Keywords: Sensex, Nifty, BSE, NSE, rate cut hopes

www.thehindu.com/business/markets/sensex-up-on-rate-cut-hopes/article4630194.ece

1/1

4/19/13

Sensex up on rate cut hopes - The Hindu

Business Markets
Published: April 18, 2013 16:52 IST | Updated: April 18, 2013 23:45 IST

Sensex up on rate cut hopes


Special Correspondent

A view of the BSE building in Mumbai. File photo

The Hindu

Benchmark stock indices surged again on Thursday with hopes that the Reserve Bank of India (RBI) would cut
interest rates following the release of exports data by the government earlier in the day. Though exports for 2012-13
have fallen by 1.76 per cent, the data shows marked improvement in March trade deficit numbers.
With buying activity gaining momentum from the second-half, the BSE Sensex surged past the 19000-mark to close
with a gain of 285.30 points at 19016.46.
Similarly, the NSE Nifty surged to its one month high to close at 5783.10, up 94.40 points.
Capital Goods, banking and automobile stocks led the rally. The top Nifty gainers included IndusInd Bank, IDFC,
BhartiAirtel, Tata Motors and Axis Bank.
Top Sensex gainers included Bharti Airtel, Tata Motors, L&T, HDFC and GAIL. Other than Wipro and TCS, all other
Sensex stocks closed with gains.
The markets opened on a flat note, and bounced back on the back of strong buying interest. It closed in the positive
terrain tracking the positive European markets. Barring the IT sector which closed down around 0.31 per cent, all
other sectors closed in the green, said Alex Mathews, Head Research, Geojit BNP Paribas Financial Services.
Rupee bounces back
The rupee on Thursday bounced back by 25 paise to close at over one-month high of 53.96 against the U.S. dollar on
rally in domestic equities and fresh dollar selling by traders enthused by a lower trade deficit.
A weak dollar overseas and a further fall in prices of key commodities also helped the rupee, a forex dealer said.
Keywords: Sensex, Nifty, BSE, NSE, rate cut hopes
Printable v ersion | Apr 1 9 , 2 01 3 7 :4 4 :59 PM | http://www.thehindu.com /business/m arkets/sensex-up-on-rate-cut-hopes/article4 63 01 9 4 .ece
The Hindu

www.thehindu.com/business/markets/sensex-up-on-rate-cut-hopes/article4630194.ece?css=print

1/1

Money Game

The Dow Just Turned Positive


Sam Ro | Apr. 19, 2013, 11:44 AM |
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250 |

27

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It's a very quiet day for market-specific news today.

Earlier this morning, General Electric's lackluster earnings announcement


sent the stock as well as the entire Dow Jones Industrial Average lower.
However, the Dow just turned positive.
"Market rallied after the uncle said, "This has nothing to do with
Chechnya"," tweeted CNBC's Carl Quintanilla. "But also coincided with
European mkt close"
Quintanilla was referring to the uncle of the two suspects in the Boston Marathon bombing.
SEE ALSO: Sobering Presentation Reveals The Two Economies In America >

Google Finance

http://abcnews.go.com/Business/wireStory/stock-markets-edge-higher-end-turbulent-week-19001219#.UXK8H6LYfIo

Stock Markets Edge Higher to End Turbulent Week


By The Associated
NEW YORK

abcnews.go.com

Stock markets edge higher to end turbulent week on Wall Street


The Associated Press
Stock markets edged higher Friday, as a mixed set of earnings capped a turbulent week on Wall Street.
The Standard & Poor's 500 index rose 13 points to 1,555, up nearly 1 percent. The index was helped by a 4 percent
rise in Google after the company posted strong earnings.
The Nasdaq composite index gained 39 points to 3,206, up almost 1.3 percent. After spending most of the day down,
the Dow Jones industrial average ended Friday with a tiny gain up 10 points at 14,547. A rare earnings miss for
IBM weighed on the Dow.
Google's stock rose nearly $34 to $799.87 after its profit beat estimates.
Nearly three stocks rose for every one that fell on the New York Stock Exchange. Volume reached 3.5 billion shares.

Copyright 2013 ABC News Internet Ventures


Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Page 1 of 1

20/04/2013 10:03 AM

4/22/13

Sensex up 153 points - The Hindu

Business Markets
Published: April 22, 2013 16:38 IST | Updated: April 22, 2013 16:39 IST

Sensex up 153 points


PTI

The BSE benchmark Sensex on Monday climbed 153 points to close at one-month high level of 19,170 on funds buying
in financial and interest sensitive stocks as slowing inflation and lower commodity prices raised hopes of a rate cut by
RBI, amid a firming global trend.
The Sensex rose 153.37 points, or 0.81 per cent, to close at 19,169.83, a level matching with March 18, led by buying in
consumer durables, realty, capital goods and banking stocks.
The index had gained 285 points in the previous session.
A fall in Wipro stock by nearly eight per cent to Rs 339.35 after lower-than-expected results on revenue as well as on
margin front, however, capped the market gains.
The broad-based National Stock Exchange index Nifty rose by 51.30 points, or 0.89 per cent, to 5,834.40, after
touching the days high of 5,844.85.
Brokers said sentiment bolstered as expectation that easing inflation and weak commodity prices might prompt the
Reserve Bank of India to cut interest rate in its monetary policy meeting on May 3.
They said a firming trend in Asian and European markets as the Group of 20 refrained from opposing the Bank of
Japans stimulus policies, further supported the market.
In 30-BSE index components, 20 stocks gained led by HDFC Bank, ICICI Bank, State Bank of India, HDFC Ltd,
Reliance Industries, Coal India, Tata Motors, Tata Steel, Hero MotoCorp, BHEL and and Sun Pharma.
Keywords: Bombay Stock Exchange, sensex
Printable v ersion | Apr 2 2 , 2 01 3 7 :08:2 5 PM | http://www.thehindu.com /business/m arkets/sensex-up-1 53 -points/article4 6 4 3 552 .ece
The Hindu

www.thehindu.com/business/markets/sensex-up-153-points/article4643552.ece?css=print

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4/22/13

Stocks Tick Up as Traders Shake Off Weak Data | Fox Business


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Stocks Tick Up as Traders Shake Off Weak


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By Adam Samson

Pub lished April 22, 2013

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The markets shook off early losses and climbed higher Monday as

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generally upbeat global developments outweighed a round of weak

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data on the housing market.

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According to preliminary calculations, the Dow Jones Industrial

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Average rose 19.7 points, or 0.14%, to 14567, the S&P 500 rose 7.3
points, or 0.86%, to 3234.
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points, or 0.47%, to 1563 and the Nasdaq Composite rose 27.5

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The markets took their biggest fall of the year last week, with the
broad S&P 500 shedding 2.1%. The sentiment remained cautious on
Monday.

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Sales of existing, U.S. homes dropped 0.6% in March from February


to a 4.92-million unit annualized rate, less than the estimates of a
5.01-million unit rate, according to the National Association of
Realtors. The housing market has been showing signs of
improvement in recent months, but the the recovery has been a
choppy one.

www.foxbusiness.com/markets/2013/04/22/stocks-tick-up-as-traders-shake-off-weak-data/

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Stocks Tick Up as Traders Shake Off Weak Data | Fox Business

Still, not all news was negative. Over the weekend, Italy re-elected

Tr ibune Paper s Gar ner ing Inves tor Inter es t

Giorgio Napolitano as president after parliament there failed to


choose a head of state five times. The move sent Italy's benchmark

Mor e

stock-market index, the FTSE MIB, surging some 2%. Analysts


generally saw the election as a positive, although still noted the
downside risks Europe's third-biggest economy faces.

Financial Guaranty Insurance


Corporation

"The start of [Napolitano's] unprecedented second-term is being met

A private insurer of interest and principal


payments on municipal bond issues. As with

with mixed feelings, with markets appearing satisfied by the resolution


and the implied stability of Mr. Napolitanos steady hands on the
reins," analysts at Nomura wrote to clients Monday.

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.
In...
Pow ered by

from Wall Street Words.

Separately, the Group of 20 finance and central bank chiefs that met
at the end of last week came out supportive of Japan's aggressive
new monetary policy measures that have shoved the yen sharply lower

RECENT QUOTES

FOX50

+0.41%

FOX 50 INDEX

Today

sequester.

GS

+0.58%

Earnings season also revs up this week.

MSFT

and sent markets there skyrocketing. The G-20 also came out in
support of fiscal measures taken recently in the U.S. via the

Caterpillar (CAT) posted first-quarter profits of $1.31 a share, shy of


estimates of $1.40. The heavy-machinery giant said its revenues
came in at $13.21 billion for the quarter, also missing expectations of

THE GOLDMAN S...

Today

+3.58%

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Today

GOOG

+0.03%

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XOM

EXXONMOBIL CO...

Today

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Today

1,133.19
5:38 PM

139.52
4:00 PM

30.83
4:00 PM

800.11
4:00 PM

88.09
4:00 PM

$13.7 billion. The company also said it expects its full-year profits to
come in at $7 a share, down from a previous forecast of $7 to $9 a
share. Shares rose despite the miss.
Netflix (NFLX) and Texas Instruments (TXN) report after the bell.
Apple (AAPL ), the world's biggest technology company, unveils its
quarterly results on Tuesday.
In commodities, gold prices rallied $39.60, or 2.7%, to $1,435 a troy
ounce. Oil edged up 48 cents, or 0.55%, to $88.49 a barrel.
Wholesale New York Harbor gasoline advanced 0.82% to $2.795 a
gallon.
Foreign Markets
The Euro Stoxx 50 jumped 0.92% to 2599, the English FTSE 100
gained 0.63% to 6326 and the German DAX advanced 0.88% to
7525.
In Asia, the Japanese Nikkei 225 rallied 1.9% to 13568 and the
Chinese Hang Seng ticked up 0.14% to 22044.

Follow Adam Samson on Twitter @adamsamson.

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Stocks Tick Up as Traders Shake Off Weak Data | Fox Business

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swirl about whether demand for its suite of
products holds up.

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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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FOX Business: Capitalism Lives Here

Pr int
Em ail

The markets zoomed higher Tuesday as traders cheered strong

Shar e

earnings from several high-profile companies.

Bove: China Banks


Launching Currency War
on U.S.

A Must-See Dobbs

ObamaCare Driving Up
Health-Care Costs ?

More Hard Times Ahead?

TRENDING IN NEWS

1 Bogus Tw eet Brie fly Roils


Wall Stre et

0 Com m ents
Like

Today's Markets

Tw eet

According to preliminary calculations, the Dow Jones Industrial


Average rallied 152 points, or 1%, to 14719, the S&P 500 gained

Shar e

16.3 points, or 1%, to 1578 and the Nasdaq Composite climbed 35.8

2 Ex-MF Global CEO Corzine Sued


by Trustee
3 Wal-Mart Ties Executiv e
Compensation to Compliance
Ov erhaul

RELATED STOCKS

points, or 1.1%, to 3269.

4 Report: J.C. Penney Working With


Turnaround Firm

NFLX

Wall Street's upbeat sentiment persisted for another day on Tuesday.

216.99

NETFLIX INC....

+42.62

DD

52.49

E.I. DUPONT ...

UTX
UNITED TECHN...

TRV
THE TRAVELER...

AAPL
APPLE INC....

+2.08

92.86
-0.78

86.34
+1.76

406.13
+7.46

First-quarter earnings season was in full swing with three Dow


components reporting ahead of the opening bell. Travelers' (TRV)
results blew past expectations, sending the insurer's shares soaring in

Caesars to Create New Company to Focus


on Grow th
See all tr ends

Bus ines s Leader s

the pre-market. The company's shares added some 30 points to the


Dow's overall gains.
United Technologies (UTX), the industrial giant, revealed profits
that missed expectations after factoring out one-time favorable items,
with sales also missing expectations. DuPont's (DD) earnings per
share topped the Street's view, with the chemical maker's sales
coming inline with forecasts.

www.foxbusiness.com/markets/2013/04/23/strong-earnings-propel-stocks-higher/

Ex-MF Global CEO Corzine Sued


by Trustee
New Res ear ch Appr oach Tailor s Dr ugs to
Patients

1/4

4/23/13
RELATED STORIES
U.S. New Hom e Sales Ris e
1.5% In Mar ch
Des pite Plunge, Analys ts
Lar gely Bullis h on Apple
Tr aveler s 1Q Net Jum ps
11% on Higher Pr ices

Strong Earnings Propel Stocks Higher | Fox Business


5 Secr ets of the Mos t Innovative Com panies

Another big gainer was Netflix (NFLX), which reported considerably


stronger-than-expected quarterly results, coupled with a bullish
assessment of its original series, "House of Cards." All eyes will be

Mor e

on Apple (AAPL ) after the closing bell, when the world's biggest
technology company reveals its quarterly results. The iPad-maker's

Financial Guaranty Insurance


Corporation

behemoth market capitalization means moves in its stock price often


have an outsize impact on the markets -- particularly the tech-heavy

A private insurer of interest and principal


payments on municipal bond issues. As with

Nasdaq.

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

The Dow shed close to 145 points in seconds in early afternoon

In...

trading after a tweet from the Associated Press said there were

Pow ered by

"explosions" at the White House. A spokesperson for the wire service

from Wall Street Words.

told FOX Business the tweet was "bogus" and that the company is
"looking into it." The markets rebounded moments later. The
Securities and Exchange Commission and Twitter could not

MOST POPULAR STOCKS

immediately be reached for comment.

AAPL

+1.87%

APPLE INC.

Today

On the economic front, the Commerce Department said sales of new,

NFLX

+24.44%

U.S. single-family homes ticked up 1.5% in March from February to a


417,000-unit annualized rate, falling short of the 420,000-unit rate
analysts were expecting. Data on sales of existing homes also came

NETFLIX INC.

FORD MOTOR CO...

in shy of estimates on Monday.

BAC

HSBC's China PMI slid to 50.5 in April from 51.6 in March, coming in

GE

far short of expectations of 51.5. The reading suggests the

BANK OF AMERI...

GENERAL ELECT...

Today

+2.30%
Today

+2.99%
Today

+0.75%
Today

406.13
4:00 PM

216.99
4:00 PM

13.36
4:00 PM

12.07
4:00 PM

21.51
3:59 PM

manufacturing sector in the world's No. 2 economy expanded at the


slowest pace in two months.
Hongbin Qu, HSBC's chief economist for China, said in the report that
the recent bout of weak data could put pressure on Bejing to ease
further. Still, markets in China sold off, with the Hang Seng sliding
1.1%.
A separate report from Markit showed business activity in the
eurozone contracting at the same pace in April as it did the month
before. The services sector shrunk at the slowest pace in two months,
but the manufacturing sector contracted at the swiftest pace in four.
Indeed, Germany, the bloc's economic engine, saw its business
activity skidding into contraction mode for the first time in five months.
"The latest figures suggest any rebound in GDP over the first quarter
could be rather short-lived, not least as the manufacturing and service
sectors both recorded faster declines in new orders than one month
earlier," Tom Moore, a senior economist at Markit wrote in the report.
In commodities, U.S. oil prices slid 19 cents, or 0.19%, to $88.99 a
barrel. Wholesale New York Harbor gasoline sold off by 1.7% to
$2.724 a gallon. Gold was down $10.90, or 0.77%, $1,410 a troy
ounce.

www.foxbusiness.com/markets/2013/04/23/strong-earnings-propel-stocks-higher/

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Strong Earnings Propel Stocks Higher | Fox Business

Foreign Markets
The Euro Stoxx 50 rallied 1.9% to 2634, the English FTSE 100
jumped 1.1% to 6351 and the German DAX soared 1.3% to 7578.
In Asia, the Japanese Nikkei 225 ticked lower by 0.29% to 13530 and
the Chinese Hang Seng dropped 1.1% to 21807.
Follow Adam Samson on Twitter @adamsamson.
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Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
and ETF data provided by Lipper . Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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Stocks End Higher on Data | Fox Business


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By Adam Samson

Pub lished April 25, 2013

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The markets posted tepid gains on Thursday on a round of strong

Shar e

jobs data and mixed quarterly earnings. However, the rally lost

0 Com m ents

momentum late in the day on worrisome central bank headlines.


Today's Markets

Tw eet

The Dow Jones Industrial Average rose 24.5 points, or 0.17%, to

Shar e

14701, the S&P 500 climbed 6.4 points, or 0.4%, to 1585 and the
RELATED STOCKS

Nasdaq Composite jumped 20.3 points, or 0.62%, to 3289.

MMM

Global trading desks had a deluge of headlines to parse through on

Can the Government


Regulate Your
Retirement?

Dobbs to Obama: Why


the Rush on Immigration
Change?

Opthalmologists Walk
Out of ObamaCare Talk

ObamaCare Driving Up
Health-Care Costs ?

TRENDING IN NEWS

1 15-y ear Mortgage Rate Hit


Record Low Of 2.61%
2 Rise of Nat Gas Prices Goes
Against Grain
3 Report: Verizon Eyes $100B Offer
for Vodafones Stake
4 Ex x onMobil Hikes Dividend
5

104.88

3M CO....

-2.99

AMZN

274.70

AMAZON.COM I...

XOM
EXXONMOBIL C...

SBUX
STARBUCKS CO...

UPS
UNITED PARCE...

+5.92

88.07
-1.36

60.50
+0.67

Thursday.
The Labor Department said new claims for unemployment benefits fell

Ingredient in Biogen's Tecfidera MS Drug


Linked to Brain Infection
See all tr ends

Bus ines s Leader s

to 339,000 last week from an upwardly revised 355,000 the week


prior. Claims were expected to fall to 351,000 from an initially
reported 352,000. The jobs market has been in close focus on Wall
Street recently after the March jobs report showed disappointing
payroll growth.

85.42
+1.92

Ex-MF Global CEO Corzine Sued


by Trustee
New Res ear ch Appr oach Tailor s Dr ugs to
Patients
5 Secr ets of the Mos t Innovative Com panies

www.foxbusiness.com/markets/2013/04/25/stocks-end-higher-on-data/

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Stocks End Higher on Data | Fox Business

Also helping to keep sentiment rosy has been continued speculation


that the European Central Bank might cut interest rates to record lows

Mor e

when it meets next week, while a stream of disappointing data might


also keep the Federal Reserve's foot firmly on the accelerator.

Financial Guaranty Insurance


Corporation

"Medium-term expectations of easy monetary policy to counter any

A private insurer of interest and principal


payments on municipal bond issues. As with

cyclical slowdown also supported risk appetite," analysts at Barclays


wrote to clients Thursday.

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

However, news reports late in the day suggesting the German

In...

Bundesbank objects to the so-called Outright Monetary Transactions

Pow ered by

from Wall Street Words.

the European Central Bank uses to buy sovereign debt and other
assets took some steam out of the rally. Fed chief Ben Bernanke also
made commentary suggesting the financial system remains
"vulnerable."

MOST POPULAR STOCKS

AAPL

APPLE INC.

Meanwhile, several big-name companies reported earnings on the

FORD MOTOR CO...

day.
ExxonMobil (XOM) posted first-quarter profits of $2.12 a share,
easily beating estimates of $2.05 a share. Revenues of $108.81
billion came in shy of estimates of $119.84 billion. Shares of the
worlds biggest publicly-traded energy company traded slightly higher

BAC

BANK OF AMERI...

XOM

EXXONMOBIL CO...

GE

GENERAL ELECT...

in the pre-market.

+0.72%
Today

+1.05%
Today

+1.06%
Today

-1.52%
Today

-0.05%
Today

408.38
4:00 PM

13.47
4:00 PM

12.44
4:00 PM

88.07
4:00 PM

21.95
4:00 PM

3M (MMM) posted first-quarter profits of $1.61 a share on sales of


$7.6 billion, missing expectations of earnings of $1.65 a share on
$7.81 billion in revenues. United Parcel Service (UPS) revealed
first-quarter earnings of $1.04 a share, topping expectations by three
cents. Sales of $13.43 billion came in just slightly shy of estimates of
$13.46 billion.
Amazon.com (AMZN) and Starbucks (SBUX) are due out after the
closing bell in New York.
In commodities, the benchmark U.S. crude oil contract rallied $1.75,
or 1.9%, to $93.18 a barrel. Wholesale New York Harbor gasoline
surged 2.1% to $2.804 a gallon. Gold soared $40.20, or 2.8%, to
$1,464 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

www.foxbusiness.com/markets/2013/04/25/stocks-end-higher-on-data/

3/3

4/29/13

Sensex recovers 101 points on better earnings, global cues - The Hindu

Business Markets
Published: April 29, 2013 16:31 IST | Updated: April 29, 2013 17:27 IST

Sensex recovers 101 points on better earnings, global cues


PTI

The BSE benchmark Sensex on Monday recovered by 101 points led by fresh buying in blue-chips such as HUL, ITC,
ONGC and ICIC Bank on better earnings and expectations of monetary policy support by the RBI amid a firming
global trend.
Better-than-expected fourth quarter earnings by FMCG major Hindustan Unilever (HUL) on the back of robust sales
across various business verticals, boosted the market sentiment.
Shares of FMCG major Hindustan Unilever ended higher by 6.98 per cent. HUL on Monday posted 14.65 per cent
increase in its net profit at Rs 787.20 crore for the fourth quarter ended March 31, 2013.
The Sensex resumed higher at 19,306.67 and hovered in a range of 19,428.94 and 19,284.40 before ending at
19,387.50 showing a net gain of 100.78 points or 0.52 per cent from its last weekends level.
The NSE index Nifty also rose by 32.65 points, or 0.56 per cent, to 5,904.1.
Brokers said trading sentiment improved on reports of better quarterly earnings by HUL, Hero MotoCorp, ICICI Bank
and Maruti Suzuki.
Two-wheeler major Hero MotoCorp jumped by 3.24 per cent despite it reported 4.86 per cent decline in its net profit
at Rs 574.23 crore for the fourth quarter ended March 31.
IT stocks bounced back in trade today after hammering last week.
The market received further support on firming global trend as Italy formed a new government and optimism grew
that central banks will decide to maintain economic stimulus in their meetings this week, brokers added.
IMF saying the Indias GDP is likely to improve to 5.7 per cent in 2013 and further to 6.2 per cent a year after, also
influenced the market sentiment, they added.
FIIs bought shares worth a net Rs 224.75 crore on last Friday as per provisional data from the stock exchanges.
In 30-BSE index components, 19 stocks closed with gains.
www.thehindu.com/business/markets/sensex-recovers-101-points-on-better-earnings-global-cues/article4666735.ece?css=print

1/2

4/29/13

Sensex recovers 101 points on better earnings, global cues - The Hindu

The Consumer Durable sector index gained the most by 2.43 per cent followed by FMCG index by 2.30 per cent.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | Apr 2 9 , 2 01 3 8:02 :2 3 PM | http://www.thehindu.com /business/m arkets/sensex-recov ers-1 01 -points-on-better-earnings-global-cues/article4 6 6 6 7 3 5.ece
The Hindu

www.thehindu.com/business/markets/sensex-recovers-101-points-on-better-earnings-global-cues/article4666735.ece?css=print

2/2

4/29/13

S&P Logs Fresh Record High as Tech, Materials Rally | Fox Business
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Materials Rally
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Pub lished April 29, 2013

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FOX Business: Capitalism Lives Here

Pr int
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The markets tacked on solid gains on Monday, pushing the S&P 500

Shar e

up to a fresh closing high, as traders cheered strong economic data

0 Com m ents

and corporate headlines.

Like

Today's Markets
Tw eet

The Dow Jones Industrial Average climbed 106 points, or 0.72%, to

Shar e

14819, the S&P 500 gained 11.4 points, or 0.72%, to 1594 and the
RELATED STOCKS

Nasdaq Composite advanced 27.8 points, or 0.85%, to 3307.

GOOG

The broad S&P 500 closed the day just slightly above its all-time

GOOGLE INC....

JPM
JPMORGAN CHA...

IBM
INTERNATIONA...

AAPL
APPLE INC....

The Return of Tw inkies


Without Union Bakers

Law makers Trying to Opt


Out of ObamaCare?

Summer Gas Price


Outlook

Keystone Moves Forw ard

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of 2013
2 Apple Lays Groundwork for First
Debt Sale Ever
3 Oil Prices Slip Amid Economic
Worries
4 U.S. To Pay Off Debt For First Time In
Six Years
5

Sturm Ruger 1Q Earnings Soar 53%

See all tr ends

819.06
+17.64

48.92
+0.04

closing high. On the day, the technology sector posted the biggest

Bus ines s Leader s

gains, with heavyweights Apple (AAPL ), Google (GOOG) and IBM


(IBM) rallying. Other sectors that performed well were energy and
materials on the back of big gains in the underlying commodities.

199.15
+4.84

430.12

Earnings season slows down slightly this week, but the pace of
economic reports picks up substantially.

+12.92

Workforce 2.0: A Metamorphosis


in the Workplace
Top J.P. Mor gan Exec Exits to Join Fir s t Data
Ex-MF Global CEO Cor zine Sued by Tr us tee

www.foxbusiness.com/markets/2013/04/29/wall-street-posts-solid-gains-tech-materials-shares-rally/

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4/29/13

S&P Logs Fresh Record High as Tech, Materials Rally | Fox Business

The Commerce Department said personal income and consumer

Mor e

spending rose 0.2% in March from February. Economists expected


income to rise 0.4% and spending to have remained unchanged.

Financial Guaranty Insurance


Corporation

Analysts at Nomura wrote to clients that accelerated dividend


payments late last year, coupled with bonuses, pushed incomes

A private insurer of interest and principal


payments on municipal bond issues. As with

sharply higher in February. However, they said, the gains are

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

expected to have slowed dramatically in March as those special


factors wore off.

In...

Separately, the National Association of Realtors reported signed

Pow ered by

from Wall Street Words.

contracts to buy previously-owned homes jumped 1.5% in March on a


month-to-month basis, which came in stronger than estimates of a 1%
gain. The forward-looking gauge is up 7% compared to the same
month in 2012 in the latest sign the housing recovery is continuing.

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APPLE INC.

Among the high-profile events this week are a two-day Federal


Reserve meeting that kicks off on Tuesday and the all-important
monthly jobs report on Friday. Data on the labor market has been
especially closely watched after the economy added far fewer jobs
than expected in March, putting into question the strength of the
recovery.
In corporate news, Frank Bisignano resigned a Co-Chief Operating

FORD MOTOR CO...

GE

+3.10%
Today

-0.07%
Today

+0.27%

GENERAL ELECT...

Today

IBM

+2.49%

INTERNATIONAL...

BAC

BANK OF AMERI...

Today

-0.32%
Today

430.12
4:00 PM

13.66
4:00 PM

22.27
4:00 PM

199.15
4:01 PM

12.38
4:00 PM

Officer at J.P. Morgan Chase (JPM) to become chief executive at


First Data. Matt Zames now becomes the sole COO at the biggest
U.S. bank by assets.
In metals, gold prices posted sharp gains. The benchmark contract
rallied $20.20, or 1.4%, to $1,474 a troy ounce. Oil climbed 35 cents,
or 0.38%, to $93.35 a barrel. Wholesale New York Harbor gasoline
slipped 0.62% to $2.817 a gallon.
Foreign Markets
The Euro Stoxx 50 climbed 0.66% to 2701, the English FTSE 100
edged up 0.07% to 6431 and the German DAX advanced 0.4% to
7846.
In Asia, the Chinese Hang Seng pushed higher by 0.15% to 22581.
Markets in Japan and most others in China were closed for holidays.

Follow Adam Samson on Twitter @adamsamson.


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4/29/13

S&P Logs Fresh Record High as Tech, Materials Rally | Fox Business

Countr ies Buying the Wor lds Gold


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S&P Logs Fresh Record High as


Tech, Materials Rally

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Sturm Ruger 1Q Earnings Soar 53%

The markets tacked on solid gains on


Monday, pushing the S&P 500 up to a
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strong economic data and corporate
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CORRECTING and REPLACING Gr eenw ay Revis es Fis cal
2013 Outlook
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4/29/13

S&P 500 closes at record high - Apr. 29, 2013

S&P 500 closes at record high


By Hibah Yousuf @CNNMoneyInvest April 29, 2013: 4:10 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Technology shares sparked a broad rally that boosted the S&P 500 to a record closing high and fueled the tech-heavy Nasdaq to
its highest level in more than 12 years.
Apple ( AAPL, Fortune 500) was among the top gainers in the Nasdaq-100 and in the S&P 500 following rumors that the
iPhone 5S could hit shelves as early as this summer, though the widespread expectation is for a fall release.
Hewlett-Packard ( HPQ, Fortune 500), IBM ( IBM, Fortune 500) and Microsoft ( MSFT, Fortune 500) were the biggest
winners in the Dow Jones industrial average, which jumped more than 100 points, or 0.7%.
U.S. stocks are on track to end April with gains this week. That would mark the fourth straight positive month this year.
Click here for more on stocks, oil, gold, and bonds

Stocks have been in the black all day, as investors were encouraged by a much better-than-expected report on pending home
sales. Sales jumped 1.5% in March versus the expected 0.1% gain.
Investors were already in a buying mood following the formation of a new Italian government over the weekend, which ended
weeks of political deadlock and uncertainty in a country mired by recession.
Italian stocks rallied more than 2% after Enrico Letta was sworn in as Italy's prime minister. The news also pushed Italian bond
yields to their lowest levels in more than two years. (More on European markets).
Expectations for a further rate cut from the European Central Bank and continued monetary support from the Federal Reserve
later this week were also lending support.
"The ECB meeting may be the most interesting event this week," wrote Marc Chandler, strategist for Brown Brothers Harriman,
adding that the ECB indicated earlier this month that if economic data worsened, it was prepared to cut interest rates.
Related: World's five hottest stock markets

What's moving: Shares of Moody's ( MCO), Standard and Poor's parent McGraw Hill ( MHP, Fortune 500) and Morgan
Stanley ( MS, Fortune 500) were big gainers after the firms settled two outstanding lawsuits, dating back to the financial
crisis, that accused them of misleading investors about the risks involved with buying bonds backed by subprime mortgages.
money.cnn.com/2013/04/29/investing/stocks-markets/index.html?iid=HP_LN

1/2

4/29/13

S&P 500 closes at record high - Apr. 29, 2013

J.C. Penney ( JCP, Fortune 500) shares rose after the struggling retailer officially said it had secured a $1.75 billion loan from
Goldman Sachs. Shares were also boosted by a New York Post report that claimed "at least" two major hedge funds have taken
significant stakes in Penney, with one's investment worth over $10 billion.
In other corporate news, JPMorgan Chase ( JPM, Fortune 500) announced Sunday that another of CEO Jamie Dimon's key
executives, co-chief operating officer Frank Bisignano, is leaving the firm.
Earnings continue to roll in, with controversial supplements company Herbalife (
set to release their quarterly results after the close.

HLF) and gun maker Sturm Ruger (

RGR )

First Published: April 29, 2013: 9:45 AM ET

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4/30/13

April Advance: Defensives Drive S&P to Record High | Fox Business


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April Advance: Defensives Drive S&P to


Record High
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Pub lished April 30, 2013

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The broad S&P 500 tacked on 1.8% in April, with traditional

1 Chry sle r outlook raise d to


positiv e from stable by S&P

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defensive plays like telecommunications and utilities leading the run

0 Com m ents

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The Dow Jones Industrial Average climbed 21.1 points, or 0.14%, to

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14840, the S&P 500 rose 4 points, or 0.25%, to 1598 and the
Nasdaq Composite climbed 21.8 points, or 0.66%, to 3329.

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PFIZER INC....

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The S&P closed out April at its highest level on record. All but two of

Former Goldman programmer fails to w in


dismissal of code theft case
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the major sectors closed out the month in the green. The best
performers were counter-cyclical sectors: telecommunications,

Bus ines s Leader s

utilities and consumer staples. The two worst performers were heavily
economic and commodity sensitive issues, materials and energy.
For the month, the Dow and S&P both climbed 1.8%, while the
Nasdaq jumped 1.9%. The Nasdaq also ended at its highest level
since November 2000.

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4/30/13

April Advance: Defensives Drive S&P to Record High | Fox Business


Wor k for ce 2.0: A Metam or phos is in the
Wor k place

The Institute for Supply Management-Chicagos PMI gauge fell to 49.0


in April from 52.4 the month before. Economists expected a slight
uptick to 52.5. Readings above 50 point to expansion in the Midwest

Mor e

manufacturing sector, while those below indicate contraction.


Regional manufacturing reads have generally been weak this month,

Financial Guaranty Insurance


Corporation

with one from the Dallas Fed on Monday coming in far short of
forecasts.

A private insurer of interest and principal


payments on municipal bond issues. As with

"This report is another sign that the economy is stuck on a shallow

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

growth path," Steven Ricchiuto, chief economist at Mizuho Securities


USA wrote in an email.

In...
Pow ered by

Home prices in 20 major U.S. metropolitan areas climbed 0.3% in

from Wall Street Words.

February from January on a non-seasonally adjusted basis, beating


expectations of a gain of 0.2%, according to the S&P/Case-Shiller
report. Prices rose 9.3% from the same month in 2012, also topping
forecasts of a 9% advance.
The housing market has seen considerable recovery since the
collapse in late 2007. Indeed, the Federal Reserve has cited the
gains seen in housing as critical to the broader recovery.
A separate report from the Conference Board showed consumer
sentiment surging far more than expected in April. The gauge of
zipped to 68.1 in April from March, topping economists' estimates of

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442.78
4:00 PM

13.71
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60.8.
"Consumer confidence has been volatile in recent months; while we
expect that underlying recoveries in housing and labor markets will
gradually push confidence higher, it could remain volatile on a monthto-month basis as fiscal tightening continues to take effect," Cooper
Howes, an economist at Barclays wrote in a note to clients.
The Fed also kicks off its two-day policy meeting on the day. A
statement is due on Wednesday. Economists broadly expect the
central bank to hold interest rates at historic lows -- per the
unemployment and inflation targets it set -- and keep the pace of its
asset purchases at $85 billion a month. However, Fed watchers will
be looking for clues on when the central bank will begin tapering its
vast quantitative easing program.
On the corporate front, IBM (IBM) said its board approved a 12%
dividend hike and a $5 billion share buyback plan. Pfizer (PFE)
revealed adjusted first-quarter profits of 54 cents a share, missing
estimates by a penny. Sales of $13.5 billion also came in shy of
expectations of $13.99 billion. Shares slid more than 3%.

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4/30/13

April Advance: Defensives Drive S&P to Record High | Fox Business

Oil futures were solidly lower. The benchmark U.S. contract dipped
$1.04, or 1.1%, to $93.46 a barrel. Wholesale New York Harbor
gasoline fell 0.94% to $2.80 a gallon. In metals, gold advanced $4.70,
or 0.32%, to $1,472 a troy once.
Foreign Markets
The Euro Stoxx 50 dipped 0.18% to 2713, the English FTSE 100 fell
0.12% to 6450 and the German DAX rose 0.49% to 7912.
In Asia, the Japanese Nikkei 225 slumped 0.17% to 13861 and the
Chinese Hang Seng climbed 0.69% to 22737.
Follow Adam Samson on Twitter @adamsamson.
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April Advance: Defensives Drive S&P to Record High | Fox Business

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ECB Cut, Strong Data Launch Stocks Higher | Fox Business


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Pub lished May 02, 2013

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The markets zoomed higher on Thursday, in stark contrast to the rout

Shar e

last session, as traders cheered the ECB's move to quell the

1 Com m ents

eurozone debt crisis and a batch of strong U.S. data.


Today's Markets

Tw eet
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The Dow Jones Industrial Average climbed 131 points, or 0.89%, to

14832, the S&P 500 gained 14.9 points, or 0.94%, to 1598 and the
Nasdaq Composite rose 41.5 points, or 1.3%, to 3341.

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In fact, economically-sensitive stocks performed the best. Energy,


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The European Central Bank cut its main refinancing rate 0.25percentage point to 0.5%. The move comes amid a slew of data

Mor e

suggesting the eurozone's economy is continuing to struggle under


the weight of the 17-member currency bloc's debt crisis.

Financial Guaranty Insurance


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Indeed, a report from Markit showed the pace of the contraction in the

A private insurer of interest and principal


payments on municipal bond issues. As with

eurozone's manufacturing picking up slightly in April from the month

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

before. Particularly worrisome, economists said, were data


suggesting Germany's factory sector contracting for the first time this
year. Germany is Europe's economic powerhouse, and has managed

In...

to shake off the headwinds from the bloc's debt crisis.

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There are also a handful of reports due out on the U.S. economy.
The Labor Department said new claims for unemployment benefits fell
to 324,000 last week from an upwardly revised 342,000 the week
prior. Claims were expected to fall to 345,000 from an initially
reported 339,000. Meanwhile, employers announced plans to cut
38,121 jobs in April, representing a 23% drop from March, and a 6%
decline from the year prior, according Challenger, Gray & Christmas.
The labor market has come under intense focus as the Federal
Reserve has said it is prepared to continue its aggressive easing
plan until the unemployment rate falls to 6.5%. The latest round of

from Wall Street Words.

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monthly job figures from the Labor Department is due out on Friday.
Another report from the Commerce Department showed the U.S.
trade gap narrowing to $38.8 billion in March from $43.6 billion in
February, coming in considerably narrower than estimates of $42
billion. The measure figures into first-quarter gross domestic product.
In commodities, the benchmark U.S. crude oil contract zoomed higher
by $2.99, or 3.3%, to $94.02 a barrel. Wholesale New York Harbor
gasoline gained 1.9% to $2.771 a gallon. Gold jumped $20.20, or
1.4%, to $1,466 a troy ounce.
Facebook (FB ) revealed first-quarter profits that narrowly missed
expectations, but sales that exceeded forecasts after the bell on
Wednesday. Shares of the world's biggest social network were higher
on the news.

Follow Adam Samson on Twitter @adamsamson.


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Centr ic

New s

77% of Americans Taking a Summer


Trip

One-Size May
Not Fit All on
U.S. Bik e
Shar es

REUTERS

ECB Cut, Strong Data Launch


Stocks Higher

Hotels Seeing the Return of Luxury


Travelers

The markets zoomed higher on


Thursday, in stark contrast to the rout
last session, as traders cheered the
ECB's move to quell the eurozone debt
crisis and a batch of strong U.S. data.

Orient-Express Hotels CEO John Scott says


despite a still-struggling economy, demand
from luxury travelers is mostly holding steady.

Selloff of
Copper
Continues
Sum m er
Vacation Tr avel
Deals

AIG 1Q Tops Str eet


Expectati ons | LinkedIn Shares
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ECB Cut, Strong Data Launch Stocks Higher | Fox Business


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4/4

5/2/13

Sensex hits three-month high ahead of RBI meet, rises 232 points - The Hindu

Business Markets
Published: May 2, 2013 16:42 IST | Updated: May 2, 2013 16:42 IST

Sensex hits three-month high ahead of RBI meet, rises 232 points
PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre

The Hindu

The BSE benchmark Sensex today jumped 232 points to close at three-month high of 19,735.77 led by funds buying in
blue chips on expectations of rate cut by the RBI tomorrow.
The Sensex spurted by 231.59 points, or 1.19 per cent to 19,735.77, a level last seen on February.
With the firming trend, the broad-based National Stock Exchange index Nifty hit a psychological 6,000 level before
ending with a gain of 69.15 points, or 1.17 per cent to 5,999.35.
Brokers said trading sentiment firmed up as easing global commodity and slowing inflation provided enough room for
the Reserve Bank of India to cut interest rate in its credit policy meeting tomorrow.
They said financial and interest-linked counters were in keen demand and fetched significant volumes on fund-based
buying.
State Bank surged 1.55 per cent to Rs 2,299.35, after losing ground in last three trading sessions while Housing
Development Finance Corp, a biggest mortgage lender, rose 1.99 per cent to Rs 864.10. HDFC Bank advanced 1.47 per
cent to Rs 692.15 ICICI Bank by 0.74 per cent to Rs 1,171.80.
The two most heavy with their 16 per cent weightage on the Sensex - Reliance Industries spurted by 1.85 per cent to
Rs 802.75 and Infosys by 2.35 per cent to Rs 2,286.90. Larsen rose by 2.61 per cent to Rs 1,552.15.
Bucking the general firming trend, Bharti Airtel fell by 0.64 per cent to Rs 316.70 on disappointing quarter earnings.
In 30-BSE index components, 18 stocks closed with gains led by TCS, Mahindra & Mahindra, Larsen & Toubro,
Infosys, HDFC and RIL.
Keywords: Sensex, Bombay Stock Exchange, RBI meet
Printable v ersion | May 2 , 2 01 3 1 0:4 2 :3 8 PM | http://www.thehindu.com /business/m arkets/sensex-hits-threem onth-high-ahead-of-rbi-m eet-rises-2 3 2 points/article4 6 7 6 7 2 3 .ece
The Hindu

www.thehindu.com/business/markets/sensex-hits-threemonth-high-ahead-of-rbi-meet-rises-232-points/article4676723.ece?css=print

1/2

5/3/13

Dow tops 15,000 on jobs report - May. 3, 2013

Dow tops 15,000 on jobs report


By Ben Rooney @CNNMoneyInvest May 3, 2013: 4:12 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Investors cheered the latest report on the U.S. job market Friday, pushing the Dow Jones industrial average briefly above 15,000
for the first time.
The Dow rose 0.9% to end the day at 14,972. The S&P 500 gained 1%, rising above 1,600 for the first time. The Nasdaq gained
1.1% to end at the highest level since November 2000.
"The round numbers are psychologically important, especially for those cautious investors sitting with their cash on the
sidelines," said Jack Ablin, chief investment officer at BMO Private Bank.
Stocks could continue moving higher as individual investors who missed the rally of the past few years have been drawn back in
as stocks hit new highs.
There's also a lack of alternatives for investors who hope to earn more than the meager rate on U.S. Treasuries. (See: Waiting for
the bond bubble to pop)
"I'll call it a momentum effect," said Ablin.
Click here for more on stocks, bonds, currencies and commodities

The rally caps a solid week: The Dow rose 1.8%; the S&P gained 2% and the Nasdaq added 3%. April was another strong month,
with the S&P 500 advancing for the sixth consecutive month.
Friday's gains came on the back of positive jobs data. The U.S. economy added 165,000 jobs in April, according to the
government's latest report. The unemployment rate dipped to 7.5% from the prior month's rate of 7.6%.
Both numbers were better than expected, easing concerns about a summer slowdown in the economy. But the unemployment
rate is still well above the level at which the Federal Reserve has said it will ease its stimulus program.
"Good numbers all around, but still shy of where they need to be to drive the economy forward or get the Fed to consider
lowering its 'buying' number in the coming months," said Kevin Giddis, head of fixed-income at Raymond James.
The jobs data, which came after a string of disappointing reports this week, overshadowed other less encouraging economic
data released Friday.
money.cnn.com/2013/05/03/investing/stocks-markets/index.html?iid=Lead

1/2

5/3/13

Dow tops 15,000 on jobs report - May. 3, 2013

Factory orders fell 0.4% in March, according to the Census Bureau. The report was worse than expected and came after a 1.9%
drop in February. The Institute for Supply Management said its index of activity in the services sector fell in April, but remained
above the level indicating growth.
Related: Fear & Greed Index gets greedy again

What's moving: LinkedIn (


guidance.
AIG (

LNKD) shares plunged after the professional-networking site offered weak second-quarter

AIG, Fortune 500) shares rose after the insurer reported earnings that beat expectations Thursday.

Shares of 3D Systems ( DDD) rose after office supplies retailer Staples (


company's 3-D printer.
Yahoo (
plan.

SPLS, Fortune 500) announced plans to sell the

YHOO, Fortune 500) shares rose to a five-year high on renewed optimism over the Internet pioneer's turnaround

Warren Buffett's investment firm Berkshire Hathaway (


the market close.

BRKA, Fortune 500) is scheduled to release quarterly earnings after

European markets rose despite a grim economic forecast from the European Union.
The EU trimmed its forecast for the eurozone gross domestic product, to a decline of 0.4% in 2013. The forecast for 2014 was
also trimmed, to a gain of 1.2%.
Asian markets ended higher. The Shanghai Composite added 1.4% and the Hang Seng increased 0.1%. Japan's Nikkei was closed
for a holiday.

First Published: May 3, 2013: 9:42 AM ET

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5/4/13

Stocks Surge, Dow Tops 15K for First Time Ever | Fox Business
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The blue-chip average roared past the 15000 mark for the first time

Shar e

ever as traders cheered data suggesting than labor market is in better

15 Com m ents

condition than previous thought.

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As of 3:06 p.m. ET, the Dow Jones Industrial Average rallied 139
points, or 0.94%, to 14971, the S&P 500 jumped 16.2 points, or 1%,
to 1614 and the Nasdaq Composite surged 37.8 points, or 1.1%, to

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3378.
JPM
JPMORGAN CHA...

47.57
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Wall Street has had a manic week: The markets sold off on
Wednesday, just to rally on Thursday. Now, world trading desks have
focused their attention squarely on the American economy.
The Dow and S&P 500 both hit milestones. The blue-chip average
topped 15000 for the first time ever, while the broader S&P
surpassed 1600. Both were up more than 13% on the year.
Economically-sensitive stocks led the way higher. Industrial, materials,
financial and consumer discretionary names fared the best. Defensive
plays like utilities, telecommunications and consumer staples
performed the worst.
Economic Woes 'In the Rearview Mirror'
The Labor Department said nonfarm payrolls rose by 165,000 in April
from March, beating expectations of 145,000. The unemployment rate
ticked down to 7.5% from 7.6% for the month, the lowest level since
December 2008. Economists expected the rate to hold steady.

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profit rises 51 percent
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5

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Marchs nonfarm payroll increase was also revised up to 138,000


from a previously reported 88,000.
Economic "headwinds are now in the rearview mirror," Todd
Schoenberger, managing partner at LandColt Capital said.

www.foxbusiness.com/markets/2013/05/03/stocks-surge-amid-jobs-optimism-dow-sp-at-record-highs/

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5/4/13

Stocks Surge, Dow Tops 15K for First Time Ever | Fox Business
What to Do When Youve Made Som eone Angr y

"For investors, todays report is a 'green light' of sorts," Dan

Buffett's Inves tm ent Plan: Buy and Hold

Greenhaus, chief global strategist at BTIG wrote in an email. Michael


Block, chief equities strategist at Phoenix Partners Group, echoed
that sentiment. He said to expect a pullback on Monday, but then

Mor e

gains throughout next week as investment managers move clients'


money off the sidelines and into equities.

Financial Guaranty Insurance


Corporation

Also on the economic front, the Institute for Supply Management's

A private insurer of interest and principal


payments on municipal bond issues. As with

gauge of service sector activity fell to 55.0 in April from 56.5 in March,

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

missing expectations of 56.0, and suggesting the sector is expanding


at a slower pace. Readings above 50 point to expansion, while those

In...

below point to contraction.

Pow ered by

from Wall Street Words.

Meanwhile, the Commerce Department reported factory orders


tumbled 4% in March from February, considerably worse than
expectations of a 2.6% decline. Excluding the transportation segment,

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orders were down 2%.

AAPL

Energy Futures Rally, Gold Trails

Oil and gasoline prices were sharply. The benchmark U.S. oil contract

BAC

APPLE INC.

FORD MOTOR CO...

traded in New York jumped $1.62, or 1.7%, to $95.61 a barrel.


Wholesale New York Harbor gasoline rallied 1.6% to $2.825 a gallon.
In metals, gold fell $3.40, or 0.23%, to $1,464 a troy ounce.

BANK OF AMERI...

FB

FACEBOOK INC.

GE
In corporate news, The New York Times reported regulators have

GENERAL ELECT...

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May 3

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13.83
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stepped up their probe into alleged power market manipulation by


J.P. Morgan Chase (JPM). The paper cited a confidential document
it obtained in the article.
Foreign Markets
The Euro Stoxx 50 rose 0.01% to 2719, the English FTSE 100
climbed 0.25% to 6477 and the German DAX gained 0.19% to 7977.
In Asia, the Chinese Hang Seng ticked up 0.1% to 22690. The Tokyo
Stock Exchange was closed for Constitution Memorial Day.

Follow Adam Samson on Twitter @adamsamson.


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Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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5/6/13

Sensex rises 98 points; RIL, Infosys, TCS lead gain - The Hindu

Business Markets
Published: May 6, 2013 16:35 IST | Updated: May 6, 2013 16:48 IST

Sensex rises 98 points; RIL, Infosys, TCS lead gain


PTI

The BSE benchmark Sensex on Monday recovered by 98 points on buying in heavy-weight front runners such as
Reliance Industries, Infosys and TCS amid firming global trend.
The Sensex recovered by 98 points, or 0.50 per cent, to close at 19,673.64 led by stocks of IT and metals. The index
had lost 160 points in the previous session.
Similarly, the broad-based National Stock Exchange index Nifty rose by 27.05 points, or 0.46 per cent, to 5,971.05.
Brokers said trading sentiments bolstered as the Reserve Bank of India cut key interest rates on Friday to give a push
to the slowing economic growth.
They said foreign as well as domestic funds were seen enlarging their holding in fundamentally strong stocks available
at attractive lower levels after recent bear phase.
A better trend in the Asian region and higher opening in Europe after more-than-expected rise in the US job data
signalled improvement in global economy, was another supporting factor, they added.
The two most-heavy with nearly 16 per cent weightage on the Sensex, Reliance Industries and Infosys shot up by 2.53
per cent to Rs 821.50 and by 1.46 per cent to Rs 2,341.40, respectively.
The software major Tata Consultancy Services spurted by 3.25 per cent to Rs 1,464.85.
The metal sector index gained the most by rising 1.98 per cent to 8,960.04 on hopes of better realisations after the
copper rose over six per cent on Friday, its steepest single day gain in 18 months.
The IT sector index was second best performer by rising 1.88 per cent to 5,991.62 as investors felt an improvement in
global economy would boost demand. The countrys software exporting companies get over 60 per cent from the US
and European markets.
In 30-BSE index components, 21 stocks closed higher while nine ended with losses.
Keywords: Bombay Stock Exchange, Sensex, RIL, Infosys, TCS
Printable v ersion | May 7 , 2 01 3 7 :3 4 :59 AM | http://www.thehindu.com /business/m arkets/sensex-rises-9 8-points-ril-infosy s-tcs-lead-gain/article4 6 89 1 7 3 .ece

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1/2

5/7/13

Sensex hits 3-month high, rises 215 points; Nifty regains 6,000 mark - The Hindu

Business Markets
Published: May 7, 2013 16:40 IST | Updated: May 7, 2013 16:41 IST

Sensex hits 3-month high, rises 215 points; Nifty regains 6,000 mark
PTI

The BSE benchmark Sensex on Tuesday rose over 215 points to close at three-month of 19,888.95 and Nifty regained
6,000-point mark on sustained buying by FIIs in banking, FMCG, realty and auto sector stocks.
The Sensex rose by 215.31 points, or 1.09 per cent, to 19,888.95, a level last seen on January 31. The index had gained
98 points in the previous session. The gauge had touched the days high of 19,917.88.
Similarly, the National Stock Exchange index, Nifty regained 6,000 points level by rising 72.50 points, or 1.21 per
cent, to close at 6,043.55.
MCX-SX index SX40 rose 90.92 points, or 0.78 per cent, to close at 11,731.20 points.
Brokers said the buying activity gathered momentum, tracking a strong rally in global markets on the back of lower
borrowing costs after Reserve Bank of Australia cut its benchmark interest rate, lifting bluechips further higher.
Besides, expectations of an encouraging IIP data for March to be released later this week, too generated buying
activity, they said.
Broad based buying was seen and index heavyweights like Reliance, ITC, HDFC Bank and Axis Bank aided the index
to move upwards. European markets were also in positive terrain, said Nidhi Saraswat, Senior Research Analyst,
Bonanza Portfolio Ltd.
The stock of HUL remained centre of brisk activity by surging 1.09 per cent to Rs 579.55, Jubilant Food by 1.18 per
cent to Rs 1,136.70, while a well-diversified ITC Ltd gained 2.73 per cent to Rs 335.20.
In 30-BSE index-components, 25 stocks climbed, while five closed with losses.
The FMCG sector gained the most by 2.00 per cent to 6,657.58 points and banking index was the second best
performer by adding 1.80 per cent to 14,436.99 as stocks of State Bank of India, Yes Bank, ICICI Bank, HDFC Bank,
www.thehindu.com/business/markets/sensex-hits-3month-high-rises-215-points-nifty-regains-6000-mark/article4692513.ece?css=print

1/2

5/7/13

Sensex hits 3-month high, rises 215 points; Nifty regains 6,000 mark - The Hindu

Axis Bank and Bank of Baroda Indusind Bank recorded smart gains.
The interest-sensitive realty sector index rose 1.40 per cent to 1,933.35, while auto sector index gained 1.12 per cent to
11,105.38 followed by capital goods by 0.90 per cent to 10,045.08, healthcare index by 0.88 per cent to 8,875.41.
Keywords: Bombay Stock Exchange, Sensex, Nifty, stocks, closing trade
Printable v ersion | May 7 , 2 01 3 5:56 :01 PM | http://www.thehindu.com /business/m arkets/sensex-hits-3 m onth-high-rises-2 1 5-points-nifty -regains-6 000m ark/article4 6 9 2 51 3 .ece
The Hindu

www.thehindu.com/business/markets/sensex-hits-3month-high-rises-215-points-nifty-regains-6000-mark/article4692513.ece?css=print

2/2

5/7/13

Dow closes above 15,000 for the first time ever - May. 7, 2013

Dow closes above 15,000


By Maureen Farrell @Maureenmfarrell May 7, 2013: 4:31 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

It was another record-setting day on Wall Street. This time, the Dow closed above 15,000 for the first time ever, hitting 15,056.
Investors also pushed the S&P 500 to a new record. The broad index gained 0.5% to end at 1,625.96
Related: 20 biggest stock gainers

The stock euphoria didn't touch the Nasdaq. The tech-heavy index ticked up just 0.1% after wafting on either side of the
breakeven line for much of the day.
Stocks have had a remarkable run this year, with all three indexes logging gains of 14% to 15% so far.
Click here for more on stocks, bonds, currencies and commodities
Corporate earnings dominate: Shares of DirecTV (
expected earnings.
Molson Coors Brewing (
First Solar's (
Tesla's (

DTV, Fortune 500) popped, after the company reported better-than-

TAP), meanwhile, reported sales and profits that fell short of forecasts.

FSLR) stock plunged, after the company missed earnings estimates.

TSLA) stock dropped, after CEO Elon Musk said a self-driving Tesla car is still several years from production.

OfficeMax ( OMX, Fortune 500) widely missed earnings forecasts and said revenue this year would come in below analysts'
estimates. At the same time, the office supply company issued a special dividend of $1.50 a share.
Also, Walt Disney Company ( DIS, Fortune 500) inked a deal with Electronic Arts (
Reporting after the bell, Disney beat earnings and revenue estimates.
Shares of Whole Foods (
Kraft spin-off Mondelez (

EA) to co-develop Star Wars video games.

WFM, Fortune 500) soared in aftermarket trading, after the supermarket store beat estimates.
MDLZ) didn't fare as well after hours. Its profits dipped, but shares still rose slightly.

Related: Fear & Greed Index edging toward extreme greed

money.cnn.com/2013/05/07/investing/stocks-markets/index.html?iid=Lead

1/2

5/7/13

Dow closes above 15,000 for the first time ever - May. 7, 2013

European markets closed higher, driven by strong results from financial firms Societe Generale (

SCGLF) and HSBC (

HBC).

Asian markets ended higher. The Shanghai Composite increased 0.2% and the Hang Seng added 0.6%. The Nikkei rose 3.6% to
close above the 14,000 point barrier as traders returned after a holiday.

First Published: May 7, 2013: 9:44 AM ET

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5/7/13

Dow, S&P Zip Into Uncharted Territory | Fox Business


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Pub lished May 07, 2013

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Pr int
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The Dow and broader S&P 500 jumped to fresh all-time highs on

Shar e

Tuesday, with the blue-chip average closing above 15000 for the first

0 Com m ents

time ever, on the back of a strong European session.

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52

Today's Markets
Tw eet
Shar e

4
1

According to preliminary calculations, the Dow Jones Industrial


Average climbed 86.7 points, or 0.58%, to 15056, the S&P 500
gained 8.4 points, or 0.52%, to 1625 and the Nasdaq Composite
advanced 3.7 points, or 0.11%, to 3397.
It was another day of making milestones for Wall Street. The Dow
ended above 15000, and the S&P hit its tenth record high of the year.
With little in the way of economic data released on the day, events in

Fear of Watered-Dow n
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TRENDING IN NEWS

1 Dow Close s North of 15K for


First Tim e Ev er
2 Buffett: Stocks Headed 'Much
Higher'
3 Report: Ethiopian Air to Seek
Compensation for 787 Mishap
4 GM to Build $1.3B Cadillac Plant in
China
5

Nokia Says It Can Still Compete With Apple,


Samsung
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Europe were driving trading.


The German DAX, which is the country's benchmark index, rallied
0.87% to an all-time high on the day. A report showed German
industrial orders climbing 2.2% in March, much better than

Einhorn Ups Apple Stake

expectations of a 0.5% dip. The data came as good new from

Bes t Pr actices for Managing 'Gen Y'

Europe's largest economy that has been struggling against

JPM Under Pr es s ur e to Split CEO, Chair

headwinds from the continent's debt crisis.


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5/7/13

Dow, S&P Zip Into Uncharted Territory | Fox Business

The Federal Reserve said consumer credit rose by $7.97 billion in

Mor e

March, the gain since July, and much less than the $16 billion
economists expected. Revolving credit, like credit cards, $1.71 billion
for the month, while none-revolving credit climbed $9.68 billion.

Financial Guaranty Insurance


Corporation

Energy futures were mildly lower. The benchmark U.S. crude oil

A private insurer of interest and principal


payments on municipal bond issues. As with

contract dipped 44 cents, or 0.45%, to $95.73 a barrel. Wholesale

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

New York Harbor gasoline fell 0.42% to $2.854 a gallon. In metals,


gold slumped $6.40, or 0.44%, to $1,462 a troy ounce.

In...
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The Euro Stoxx 50 jumped 0.75% to 2771, the English FTSE climbed
0.4% to 6548 and the German DAX rallied 0.92% to 8187.

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Dow, S&P Zip Into Uncharted Territory | Fox Business

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5/8/13

Sensex touches 20k level; HDFC, ITC lead gain - The Hindu

Business Markets
Published: May 8, 2013 16:47 IST | Updated: May 8, 2013 16:49 IST

Sensex touches 20k level; HDFC, ITC lead gain


PTI

The BSE benchmark Sensex on Wednesday regained 20,000 level for the first time in over three months on sustained
capital inflows and better earnings, but slipped to close a tad lower.
After hitting 20,000 level, the Sensex closed 101.23 points, or 0.51 per cent, at 19,990.18, a level last seen on January
31. It had gained 313 points in last two sessions.
The current upsurge was supported by stocks of FMCG, oil and gas and banking sectors, besides a rally in HDFC Ltd
and Lupin Ltd on better earnings.
The broad-based National Stock Exchange index Nifty rose by 25.75 points, or 0.43 per cent, to 6,069.30.
MCX Stock Exchange (MCX-SX) flagship index SX40 rose 65.53 points, 0.56 per cent, to close at 11,796.74 points on
Wednesday.
Brokers said the market remained in bullish mode ever since the Reserve Bank of India cut key interest rate to bolster
economic growth last week and heavy foreign funds inflows.
Foreign funds bought a net $ 171 million of Indian shares in the previous session, extending their net investment this
year to $ 12 billion, a record for the period.
They said a firming global trend as Chinas exports topped estimates and European central bank cutting interest rates
to revive economy, further fuelled the uptrend.
In 30-BSE index components, 14 stocks gained led by HDFC Ltd, HDFC Bank, ITC Ltd, Reliance Industries and
Infosys, Tata Consultancy Services.
The FMCG sector index gained the most by 1.43 per cent to 6,752.61 followed by oil and gas index by 0.11 per cent to
www.thehindu.com/business/markets/sensex-touches-20k-level-hdfc-itc-lead-gain/article4695622.ece?homepage=true&css=print

1/2

5/8/13

Sensex touches 20k level; HDFC, ITC lead gain - The Hindu

8,850.12. Banking index rose by 0.11 per cent to 14,453.21 and healthcare index by 0.08 per cent to 8,882.43.
Keywords: Sensex, Bombay Stock Exchange, FMCG sector, FDI
Printable v ersion | May 9, 2 01 3 8:56 :3 5 AM | http://www.thehindu.com /business/m arkets/sensex-touches-2 0k-lev el-hdfc-itc-lead-gain/article4 6 9 56 2 2 .ece
The Hindu

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5/8/13

S&P 500 Notches 5th Consecutive Record Close | Fox Business


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S&P 500 Notches 5th Consecutive Record


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Pub lished May 08, 2013

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Shaking off some initial apprehension, U.S. stocks landed solidly in

Shar e

the green on Wednesday, leaving the S&P 500 with its first five-day

0 Com m ents

string of record closes since the Clinton Administration.

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1 Buffe tt: Stocks He ade d


'Much Highe r'
2 China exports set to underscore
worries over U.S., Europe
demand

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3 At cautious Toyota, low risk rules


ev en as profit booms

The Dow Jones Industrial Average rose 48.92 points, or 0.32%, to

4 U.S. To Pay Off Debt For First Time In


Six Years

15105.12, the S&P 500 climbed 6.73 points, or 0.41%, to 1632.69


and the Nasdaq Composite advanced 16.64 points, or 0.49%, to
3413.27.
The modest rally also carried the Dow further above the 15000 mark,
just a day after the blue-chip index closed above that level for the first

S&P 500 Notc hes 5th Consecutive Record


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time on record. The index has now rallied eight of the past 10
sessions and celebrated 17 record closes so far this year.
Both the Nasdaq and S&P 500 notched their fifth consecutive daily
gain, with the latter finishing at a record for the fifth day in a row, the
longest such streak since May 1998.
www.foxbusiness.com/markets/2013/05/08/dow-sp-slip-from-record-highs/

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5/8/13

S&P 500 Notches 5th Consecutive Record Close | Fox Business

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China saw its exports surge 14.7% in April on a year-to-year basis,

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German industrial production also came in considerably stronger than

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expectations. Europe's economic powerhouse saw its factory output


rev up by 1.2% in March from April, compared to expectations of a
0.1% slump.
Thomas Harjes, an economist at UK-based Barclays, wrote to clients
that the data "point to stronger industrial activity ahead." Harjes noted,
however, that the situation there remains fragile.
"The positive momentum is still tentative and the latest (April) survey
results (IFO/PMIs) signal some downside risk," he wrote.
Also on the economic front, Goldman Sachs Chief U.S. Economist
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the investment-banking giant's clients late Tuesday. He said growth is


stabilizing at a lower pace than it did in the first part of 2013, but then
it is expected to heat up solidly next year. Hatzius also said he
expects the Federal Reserve to begin tapering its vast quantitative
easing program late this year, or early next year.
Elsewhere, McDonald's (MCD), the world's biggest burger chain,
said its same-store sales fell 0.6% in April, which was slightly steeper
than the 0.48% Wall Street anticipated. Delta Air Lines (DAL )
initiated a quarterly dividend of six cents a share, and authorized a
$500 million share buyback plan.
On the M&A front, Trulia (TRLA) inked a deal to acquire real-estate
software maker Market Leader (LEDR) in a deal valued at $355
million. Also, Yahoo (YHOO) has reportedly held preliminary
meetings with top execs at Hulu, signaling possible interest in
acquiring the premium video site.
In metals, gold rallied $24.90, or 1.72%, to $1,473.90 a troy ounce.
Energy futures were mixed. U.S. crude oil $1.00, or 1.05%, to $96.62
a barrel. Wholesale New York Harbor gasoline dipped 0.72% to
$2.85 a gallon.
Foreign Markets
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2/4

5/8/13

S&P 500 Notches 5th Consecutive Record Close | Fox Business

The Euro Stoxx 50 rose 0.56% to 2784.62, the English FTSE 100
gained 0.40% to 6583.48 and the German DAX jumped 0.83% to
8249.71.
In Asia, the Japanese Nikkei 225 rallied 0.74% to 14286 and the
Chinese Hang Seng advanced 0.86% to 23244.
Follow Adam Samson on Twitter @adamsamson.
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5/8/13

Dow, S&P hit new highs in quiet trading - May. 8, 2013

Dow, S&P hit new highs in quiet trading


By Maureen Farrell and Ben Rooney @CNNMoneyInvest May 8, 2013: 4:43 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks pushed higher into record territory Wednesday as investors focused on earnings and an improved outlook for the
economy.
The Dow Jones industrial average rose 0.3% to end at a record high, one day after the index closed above 15,000 for the first
time. The S&P 500 gained 0.4% to also end at another all-time peak. The Nasdaq added 0.5%.
Investors have been encouraged by better-than-expected corporate earnings for the first quarter, although revenue growth has
been weak, said Joe Bell of Schaeffer's Investment Research.
Out of the S&P 500 companies that have reported earnings, 67% have beat analysts' expectations, according to S&P Capital IQ.
Stocks have also been supported by renewed optimism about the economy following last week's surprisingly strong jobs report.
"We've been grinding higher on that momentum," said Bell.
Click here for more on stocks, bonds, currencies and commodities

There were no major U.S. economic reports Wednesday, although data on Chinese exports and German industrial output were
"encouraging," said Peter Cardillo, chief market economist at Rockwell Global Capital.
But there were a lot of earnings. Whole Foods (
quarterly earnings that beat estimates.
Electronic Arts (

WFM, Fortune 500) shares surged after the supermarket chain reported

EA) said it expects earnings in fiscal 2014 to be above what analysts had expected. Shares jumped 15%.

Related: Hedge fund manager Ackman takes aim at P&P chief

Toyota Motors (

TM) reported a surge in profit for its fiscal year 2013, which ended on March 31.

Shares of JCPenney ( JCP, Fortune 500) rose after the troubled retailer released a preliminary report showing a decline in
quarterly sales that may not have been as bad as some had expected.
Wendy's ( WEN) shares fell after the restaurant chain reported sales that missed forecasts. Investors slammed AOL (
for missing earnings estimates. (You've got fail! AOL down 10%)

money.cnn.com/2013/05/08/investing/stocks-markets/index.html?hpt=hp_t2

AOL)

1/2

5/8/13

Dow, S&P hit new highs in quiet trading - May. 8, 2013

Apple ( AAPL, Fortune 500) shares extended the rally they've enjoyed since the company announced a record share buyback
program last month.
Shares of Manchester United ( MANU) fell nearly after the long-time manager of the English soccer team announced he would
retire. This comes less than a year after the company went public. (How Man U makes money)
Related: Apple picks itself up off the mat

After the market closed, Green Mountain Coffee Roasters (


announced plans to extend its partnership with Starbucks (
trading.
Electric car maker Tesla (
in after-hours trading.

GMCR)reported earnings that beat analysts' expectations and


SBUX, Fortune 500). Green Mountain surged 13% in extended

TSLA) reported a quarterly profit and sales that exceeded forecasts. Shares popped more than 10%

Groupon ( GRPN ) reported another quarterly loss, although the daily deals website said revenue growth accelerated. Shares
soared after hours.
News Corp (

NWS) said sales rose in the first quarter and reported earnings that met analysts' expectations.

Monster Beverage ( MNST) reported earnings that were below analysts' expectations, despite a rise in sales. The company,
which has been criticized for marketing highly caffeinated drinks to children, blamed the drop in earnings on legal costs and
other short-term factors.
Related: Fear & Greed Index gets extremely greedy

European markets closed higher, with the Euronext 100 index displaying some solid support.
Asian markets also finished the day with gains. The Nikkei added 0.7%, the Hang Seng increased 0.8% and the Shanghai
Composite rose 0.5%.

First Published: May 8, 2013: 9:42 AM ET

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5/11/13

Sensex ends above 20k-level after 100 days - The Hindu

Business Markets
Published: May 10, 2013 16:57 IST | Updated: May 10, 2013 16:58 IST

Sensex ends above 20k-level after 100 days


PTI

A banner outside the Bombay Stock Exchange at Dalal Street in Mumbai. A file photo.

BL

The BSE benchmark Sensex on Friday closed above the much-awaited 20,000 mark after a gap of 100 days and the
NSE Nifty closed at its highest level in 2013 on heavy buying in auto, consumer durables, FMCG and banking shares
amid improvement in IIP suggesting pick-up in growth.
After a better start, the 30-share Sensex ended higher by 143.58 points, or 0.73 per cent to 20,082.62, a level last seen
on January 30. The index had touched 20,000-mark in the last few sessions but on Friday closed above the key level
on sustained buying by FIIs.
The broad-based National Stock Exchange index Nifty rose by 44.60 points, or 0.74 per cent to calendar years
highest level of 6,094.75. Similarly, MCX-SX flagship index SX40 closed up by 80.66 points, or 0.68 per cent, at
11,874.70.
Brokers said trading sentiment was bolstered on robust inflow of foreign funds into the domestic markets amid data
showing industrial production during March improved to 2.5 per cent, raising hopes of economic growth crossing 6
per cent mark in the current fiscal.
Indian indices rose once again today on the back of gains in several of the index stocks across sectors. Auto stocks
gained the most in todays trade, while banking stocks also were among major gainers. Supportive Asian and
European cues helped, said Dipen Shah, Head of Private Client Group Research, Kotak Securities.
In 30-scrip Sensex, 18 stocks gained led by Maruti Suzuki, ITC Ltd., Bajaj Auto, Mahindra and Mahindra, Tata
Motors, Hero MotoCorp, Hindalco and ICICI Bank.
Sectorally, the auto sector index gained the most by rising 2.20 per cent, followed by consumer durable index at 2.03
per cent, the FMCG index 1.42 per cent and banking index at 1.23 per cent.
FIIs have bought over $ 12 billion of Indian equities so far this year, a record for the period.
Keywords: Bombay Stock Exchange, Sensex, IIP, Manufacturing sector
Printable v ersion | May 1 2 , 2 01 3 9:2 7 :54 AM | http://www.thehindu.com /business/m arkets/sensex-ends-abov e-2 0klev el-after-1 00-day s/article4 7 02 558.ece

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5/10/13

Dow, S&P 500 in Third-Straight Weekly Advance | Fox Business


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The Dow and broader S&P 500 both logged their third-straight weekly

1 Buffe tt: Stocks He ade d


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0 Com m ents

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Young

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15118, the S&P 500 rose 7 points, or 0.43%, to 1634 and the
Nasdaq Composite ticked up 27.4 points, or 0.8%, to 3437.

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Bus ines s Leader s

It was a relatively quiet week on Wall Street, with the pace of


economic and corporate releases slowing dramatically. However,
both the Dow and S&P ended at record highs.

Week Ahead: Retail


Ear nings and Lots of Data
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Dow, S&P 500 in Third-Straight Weekly Advance | Fox Business


Has Chas e's Jam ie Dim on Gr ow n Too
Pow er ful?

Trading desks continued paying close attention to Japan. The


Japanese yen tumbled 3% to the lowest level in more than four years
against the greenback. The fall is the latest leg of a nosedive sparked

Mor e

by a new monetary policy from the Bank of Japan wherein the central
bank has pledged to do whatever it takes to push inflation up to 2%.

Financial Guaranty Insurance


Corporation

The sliding yen left the dollar up 0.35% against a basket of world

A private insurer of interest and principal


payments on municipal bond issues. As with

currencies. Oftentimes, strength in the dollar puts pressure on dollartraded commodities.

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

Gold dropped $32, or 2.2%, to $1,437 a troy ounce. In energy

In...

markets, oil skidded 36 cents, or 0.36%, to $96.04 a barrel.

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Wholesale New York Harbor gasoline slumped 0.86% to $2.86.


In economic news, the U.S. federal budget surplus came in at $112.9
billion in April, up from $59 billion in the same month in 2012. The
government is running a $488 billion deficit for fiscal 2013, down from
$720 billion in a comparable period in fiscal 2012.

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APPLE INC.

FORD MOTOR CO...

In corporate news, Hess (HES) said it would break up its chairman


and CEO roles amid increased shareholder from activist investors.

BAC

J.P. Morgan Chases (JPM) lead director said in a letter to

GE

BANK OF AMERI...

GENERAL ELECT...

shareholders that it could be disruptive to the biggest U.S. bank by


assets to break up the chairman and chief executive roles currently

from Wall Street Words.

XOM

EXXONMOBIL CO...

-0.83%
Today

-0.63%
Today

+0.85%
Today

+0.53%
Today

-0.98%
Today

452.97
4:00 PM

14.11
4:01 PM

13.02
4:00 PM

22.90
4:00 PM

90.14
4:00 PM

held by Jamie Dimon. Multiple shareholder groups have pushed for


the move to increase governance.
Foreign Markets
The Euro Stoxx 50 climbed 0.54% to 2788, the English FTSE 100
rose 0.4% to 6619 and the German DAX edged up 0.53% to 8306.
In Asia, the Japanese Nikkei 225 soared 2.9% to to 14608 and the
Chinese Hang Seng ticked up 0.47% to 23321.
Follow Adam Samson on Twitter @adamsamson.
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5/10/13

Stocks hit new highs in three week streak - May. 10, 2013

Stocks: New highs during three week winning streak


By Ben Rooney @CNNMoneyInvest May 10, 2013: 4:22 PM ET

Click for more market data.

NEW YORK (CNNMoney)

The rally on Wall Street continues, with stocks ending Friday at fresh record highs.
After seesawing for most of the day, the Dow Jones industrial average rose 0.2% to end at a new record high. The S&P 500 also
hit a new record high, adding 0.4%. The Nasdaq gained 0.8%.
The advance capped a third week of gains for the indexes. The Dow and S&P both held firmly above key psychological levels
(15,000 and 1,600 respectively).
Still, investors were largely focused on the foreign exchange market, where the U.S. dollar has been on a tear versus the
Japanese yen and other currencies.
"We're watching the strengthening dollar because that tends to be a good indicator of equity moves," said Art Hogan, managing
director at Lazard Capital Markets.
Much of the action Friday was in Tokyo. Japan's Nikkei surged 3% to a five-year high as the yen continued to weaken against the
U.S. dollar, which rose to 101 one day after hitting 100 for the first time in four years.
Currency war? The yen is down 15% against the greenback so far this year as the Bank of Japan is on a mission to beat deflation
by pumping money into the economy. But traders said the latest move has more to do with a strong dollar than a weak yen. The
dollar has been boosted recently by signs of strength in the U.S. job market and interest rate cuts from a parade of central banks.
Speaking of central bank intervention, Federal Reserve Chairman Ben Bernanke said after a speech in Chicago that the central
bank is keeping an eye out for bubbles in the financial system, but he did not address the central bank's controversial asset
purchasing program.
Related: Nikkei at 5-year high

Meanwhile, finance officials from the world's top seven economic powers are meeting near London Friday for talks on the global
economy. The G7 ministers are expected to reaffirm their previous statement that they are focused on boosting growth, while
also refraining from "competitive devaluation," the technical term for a currency war.
Afraid to bail on the bull. There were few major corporate or economic reports to drive stocks Friday. Investor sentiment is
"cautiously optimistic," said David Madden, market analyst at IG Markets in London.
money.cnn.com/2013/05/10/investing/stocks-markets/index.html?iid=HP_LN

1/2

5/10/13

Stocks hit new highs in three week streak - May. 10, 2013

"Nobody wants to buy at the top, but given how anxiously central banks will push things, nobody's willing to take money off the
table at the same time," he said.
All three major indexes are up between 13% and 15% so far this year.
The rally has been led by the more defensive sectors of the market, including consumer staples and utilities.
But investors are now starting to rotate into shares of companies that are more sensitive to the economic cycle, such as the
industrial names, said Lazard's Hogan.
The market is still "relatively well valued," he said, but it's too soon to say how the trend will play out. "It's less about risk
tolerance than it is about how stretched the defensive trade has gotten," he noted.
Related: Fear & Greed Index gets greedy

Tesla stock is electric. Tesla ( TSLA) shares continued to rally after the electric car maker reported a quarterly profit for the
first time earlier this week. The company also won plaudits from Consumer Reports, which dubbed the Tesla Model S the best
car it has ever tested.
Tesla, which is a big target of short sellers, is likely benefiting from a massive squeeze as investors who bet against the stock
rush to buy it back before it goes even higher.
A bidding war is brewing over Dell ( DELL, Fortune 500). Activist investor Carl Icahn and Southeastern Asset Management
sent an alternative buyout offer to the PC maker. Icahn also disclosed a 4.52% stake in Dell. The move is a challenge to the offer
Michael Dell announced in January.
Priceline ( PCLN) shares rose even though the online travel booker issued a worse-than-expected forecast for second-quarter
earnings. Results for the first quarter did top estimates.
Gap (

GPS, Fortune 500) shares rose more than 5% after the apparel retailer issued strong quarterly guidance.

First Published: May 10, 2013: 9:41 AM ET

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5/14/13

Sensex up 66 points on funds buying - The Hindu

Business Markets
Published: May 14, 2013 09:46 IST | Updated: May 14, 2013 09:46 IST

Sensex up 66 points on funds buying


PTI

The BSE benchmark Sensex on Tuesday rose by over 66 points in early trade on selective buying by funds, amid an
improving trend on other Asian bourses.
The 30-hare barometer gained 66.27 points, or 0.33 per cent, to 19,757.94, with IT, PSUs, healthcare and oil and gas
sector stocks leading the recovery. The index had lost over 430 points in Mondays session.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 15.35 points, or 0.26 per cent, to
5,995.80.
Brokers said emergence of buying by funds in select stocks amid a better trend in the Asian region mainly influenced
the trading sentiment.
Meanwhile, in Asia, Japans Nikkei up by 0.09 per cent, while Hong Kongs Hang Seng index rose 0.03 per cent in
early trade. The US Dow Jones Industrial Average ended 0.18 per cent lower in previous session.
Keywords: Sensex opening trade
Printable v ersion | May 1 5, 2 01 3 5:07 :57 AM | http://www.thehindu.com /business/m arkets/sensex-up-66-points-on-funds-buy ing/article4 7 1 3 888.ece
The Hindu

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1/1

5/14/13

Dow, S&P Strike Fresh Highs in Broad Rally | Fox Business


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Week end w ith War r en

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Dow, S&P Strike Fresh Highs in Broad Rally


By Adam Samson

Pub lished May 14, 2013

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Nasdaq Composite soared 23.8 points, or 0.69%, to 3463.


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than 1%. Financial stocks, like Bank of America (BAC) and J.P.
Morgan Chase (JPM) posted the biggest gains by a wide margin.

2 What to Expect at the IRS


Hearings
3 Financials Lead Dow, S&P to Fresh
Records
4 United Continental Readies to
Relaunch 787
5

Buffe tt: Stocks Headed 'Much Higher'

See all tr ends

Health care, utilities, energy and consumer discretionary stocks also


performed well.

Bus ines s Leader s

The Dow ended in the green for the eighteenth Tuesday in a row,
while the S&P 500 notched its third-straight daily advance. While the
Dow and S&P 500 ended at record highs, the Nasdaq closed at its
highest level in nearly 13 years. In a sign of the breadth of the recent
rally, 65 S&P 500 components hit all-time highs on the day.
Market participants cited a generally upbeat sentiment as the impetus
for the recent leg higher on Wall Street.

www.foxbusiness.com/markets/2013/05/14/dow-sp-strike-fresh-highs-in-broad-rally/

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5/14/13

Dow, S&P Strike Fresh Highs in Broad Rally | Fox Business

"The economy continues to expand, albeit a very quiet rate, so stocks


continue to be the risk of choice these days," Todd Schoenberger,

Mor e

managing partner at LandColt Capital wrote in an e-mail.


Schoenberger said optimism that the Federal Reserve will continue

Financial Guaranty Insurance


Corporation

buying assets at a rapid pace is also playing into the move into
equities.

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

"Realistically, (the drive into equities) will continue deep into summer
unless a catastrophic economic event were to happen," he wrote.

In...

Fed Talk Still in Focus


Wall Street has been fixated so far this week on mounting discussions
of the Federal Reserve's exit from its vast quantitative easing
program. Currently, the central bank is adding to its balance sheet at
rate of $85 billion a month -- a move aimed at lowering long-term
interest rates. However, critics worry about the inflationary pressure
the highly-accommodative stance might cause.
Philadelphia Fed President Charles Plosser, currently an alternate on
the central bank's policy-setting board, once again pushed for the Fed
to begin slowing down its quantitative easing program. In a speech in
Sweden, he said the Fed could begin slowing down the pace of asset
purchases by the June meeting, and then halt them altogether by the

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end of the year.


Also on the economic front, the Commerce Department said U.S.
import prices slid 0.5% in April from March, matching economists'
expectations. Export prices dropped 0.7%, the largest decline since
June, and steeper than forecasts of a 0.2% dip.
In Europe, a closely-watched survey on German economic sentiment
from the ZEW Institute came in well below expectations. The gauge
came in at 36.4 in May, well shy of economists' forecasts of 40. The
data point a picture of an economy that is still struggling with
headwinds from the eurozone debt crisis.
Elsewhere, in corporate news, Daniel Loeb's Third Point has urged
Sony (SNE) to sell part of its entertainment division in an initial public
offering. Citigroup (C) upped its price target on Wal-Mart (WMT), the
blue-chip retailer, by $7 to $89 a share.
Commodities markets were mixed. U.S. crude oil futures fell 96 cents,
or 1%, to $94.21 a barrel. Wholesale New York Harbor gasoline rose
0.59% to $2.876 a gallon. In metals, gold dropped $9.80, or 0.68%, to
$1,425 a troy ounce.
Foreign Markets

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5/14/13

Dow, S&P Strike Fresh Highs in Broad Rally | Fox Business

The Euro Stoxx 50 dipped 0.3% to 2769 the English FTSE 100
slipped 0.12% to 22930 and the German DAX fell 0.1% to 8271.
In Asia, the Japanese Nikkei 225 slumped 0.16% to 14748 and
Chinese Hang Seng dropped 0.26% to 22930.
Follow Adam Samson on Twitter @adamsamson.
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5/14/13

Stocks: Bulls back in the driver's seat - May. 14, 2013

Stocks: Bulls back in the driver's seat


By Ben Rooney @CNNMoneyInvest May 14, 2013: 6:51 PM ET

Click for more market data.

NEW YORK (CNNMoney)

A growing sense of optimism about the U.S. economy pushed stocks to record levels Tuesday, even as the market's fear gauge
flashed red.
The Dow Jones industrial average and the S&P 500 both closed at new record highs, while the Nasdaq gained 0.7%.
There was no specific catalyst for the advance, but traders said bullish comments from a top hedge fund manager helped.
David Tepper, founder of Appaloosa Management, told CNBC that investors should not be concerned about the Federal
Reserve winding down its bond-buying program too soon. Investors who bet against stocks "better have a shovel to get
themselves out of the grave," he said.
The Fed has been a hot topic this week after the Wall Street Journal reported over the weekend that the central bank was
considering an exit strategy. Stocks have gained between 16% and 17% so far this year, driven largely by the Fed's easy money
policies.
Investors have also been encouraged by continued signs of improvement in the U.S. economy, said Paul Zemsky, market
strategist at ING Investment Management, pointing to a report Tuesday on small business confidence.
"We keep getting bits of slightly better news that tells you the economy is OK," said Zemsky. "It's not going gangbusters, but it's
not falling off a cliff."
Click here for more on stocks, bonds, commodities and currencies
Bank stocks were among the top performers. Bank of America ( BAC, Fortune 500) led the Dow, while Citigroup (
500) and Goldman Sachs ( GS, Fortune 500) also gained. (Proxy firm to Goldman: Rein in executive pay)
VIX moving in tandem with stocks? In an unusual move, the VIX (

C, Fortune

VIX) jumped as much as 4%, even as stocks pushed higher.

The VIX, widely known as Wall Street's fear gauge, pulled back later in the day, but traders said the move was notable since the
VIX normally moves in opposite direction to stocks.
The rise in the VIX could be a sign that investors aren't fully convinced the stock rally has legs, said Burt White, chief investment
officer with LPL Financial.
money.cnn.com/2013/05/14/investing/stocks-markets/index.html?iid=HP_LN

1/3

5/14/13

Stocks: Bulls back in the driver's seat - May. 14, 2013

"When you reach such lofty levels -- and we're getting long in the tooth here -- you begin to have these disconnects in the
markets," said White. "That's where you begin to see cracks in the rally."
CNNMoney's Fear & Greed Index, which counts the VIX among its components, is deep in extreme greed. Ironically, that was
the only one of the seven indicators not in extreme greed. It was sitting in neutral.
Loeb takes on Sony: Hedge fund titan Dan Loeb wants to spin off Sony's movie and music division. With a 6% stake, Loeb's Third
Point hedge fund is now Sony's largest shareholder.
Shares of Sony ( SNE) have surged 84% this year amid a broad rally in Japanese stocks. Investors have been pouring money
into Japan as Prime Minister Abe and the Bank of Japan have launched an aggressive campaign to revive the nation's economy.
The effort has caused a sharp depreciation in the value of the yen, which has helped boost profits for large Japanese exporters,
including Toyota ( TM) and Kirin ( KIRI).
Related: 6 big unanswered questions in the Bloomberg spying case

SolarCity stumbles: SolarCity ( SCTY)-- chaired by Tesla (


and offered weak guidance, sending shares plunging.

TSLA) head Elon Musk -- reported a wider-than-expected loss

SolarCity, which makes solar-power systems for homes and businesses, has still had a strong year, closing at $31.44 Tuesday
after debuting on the Nasdaq in December at $8.
Earnings wind down: Shares of Take-Two Interactive (
forecasts.

TTWO) jumped after the maker of Grand Theft Auto easily beat profit

As earnings wind down, a few big names are still on deck this week, including Macy's (
Fortune 500), J.C. Penney ( JCP, Fortune 500) and Cisco ( CSCO, Fortune 500).

M, Fortune 500), Wal-Mart (

WMT,

Of the 453 S&P 500 companies that have reported earnings results for the first quarter, 301 have beat analysts' estimates, 115
have missed, and 37 have met, according to S&P Capital IQ.
BlackBerry ( BBRY)shares fell 4% after the company unveiled the Q5, a lower-cost, brightly colored smartphone aimed at
emerging markets.
European markets reversed earlier losses to end higher, while the main Asian markets ended the day in the red.

First Published: May 14, 2013: 9:41 AM ET

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Stocks: Bulls back in the driver's seat - May. 14, 2013


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Dow Logs Record Close for 20th Time in '13 | Fox Business
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Dow Logs Record Close for 20th Time in '13


By Adam Samson

Pub lished May 15, 2013

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Em ail

The Dow and S&P 500 once again climbed to all-time highs on

Shar e

Wednesday as traders shrugged off weak data and continued bidding

0 Com m ents

up stocks.

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Scandal?

Today's Markets
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According to preliminary calculations, the Dow Jones Industrial

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Average climbed 60.4 points, or 0.4%, to 15276, the S&P 500 rose
points, or 0.26%, to 3472.
MACYS INC...

C
CITIGROUP IN...

2 Gasoline Prices Rise in May


3 Oil Sells Off Amid Euro Fears
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8.4 points, or 0.51%, to 1659 and the Nasdaq Composite advanced 9

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Utilities, financials and consumer staples were the best performers on


the day. The energy sector was by far the worst performer on the day
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from weak data out of Europe, and then the selloff heated up on a
somewhat bearish inventory report from the Energy Department. Oil
inventories fell 624,000 barrels, compared to a forecast of a 300,000barrel build; however, oil stocks swelled by 2.6 million barrels,
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Dow Logs Record Close for 20th Time in '13 | Fox Business

The benchmark U.S. crude contract dipped $1.79, or 1.9%, to $92.44


Mor e

a barrel. Wholesale New York Harbor gasoline was off by 2% to


$2.779 a gallon. In metals, gold sold off $29.80, or 2%, to $1,394 a
troy ounce.

Financial Guaranty Insurance


Corporation

Up, Up and Away?

A private insurer of interest and principal


payments on municipal bond issues. As with

In what is becoming a trend on Wall Street, the Dow and S&P 500

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

lurched to fresh highs on Wednesday. It was the twentieth record-

In...

setting day of the year for the blue-chip average and the fifteenth for

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from Wall Street Words.

the S&P. Meanwhile, the Nasdaq is trading at levels not seen since
October 2000 -- during the precipitous drop following dot-com era
highs.
Tobias Levkovich, Citigroup's (C) top equities analyst, told clients that
the markets may yet have some "oomph" left even as the closelytracked S&P breaks through key resistance points, like 1650 and
potentially even 1675. However, Levkovich struck a cautious tone
about the Street's trajectory in coming months.
"We would expect some pullback during the summer as fears of a
paring back by the Fed, European economic disappointment and a
potential debt ceiling fight in the (U.S.) come together," he wrote.

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Manufacturing Data Disappoint


The New York Federal Reserves regional manufacturing gauge came
in at -1.43 in May, down from 3.05 in April, and considerably weaker
than expectations of 4. Readings above 0 point to expansion, while
those below indicate contraction. U.S. stock-index futures added to
losses on the report. A separate report from the Federal Reserve
showed U.S. industrial output sliding 0.5% in April, a wider fall than
the 0.2% economists forecast.
The Labor Department said producer prices slumped 0.7% in April
from March in the biggest drop since February 2010 as energy prices
slid. Economists expected a slightly smaller 0.6% dip. Excluding the
food and energy components, prices were up 0.1%, matching
forecasts.
On the European front, the eurozone's economy shrunk by 0.2% in the
first quarter, marking the longest recession in the currency bloc's
history, and worse than the 0.1% economists forecast. The two
biggest economies -- Germany and France -- continued struggling.
Germany's economy grew at a tepid 0.1%, while France contracted
by 0.2%.

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5/15/13

Dow Logs Record Close for 20th Time in '13 | Fox Business

In corporate news, analysts at Citigroup (C) raised Gap (GPS) to


"buy" from "neutral" and upped their price target by $8 to $48. Macy's
(M) upped its dividend by 25% as the retailer reported profits and
sales that climbed from the year prior.
Follow Adam Samson on Twitter @adamsamson.
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5/15/13

Sensex zooms 491 points hoping of a rate cut - The Hindu

Business Markets
Published: May 15, 2013 17:17 IST | Updated: May 15, 2013 17:18 IST

Sensex zooms 491 points hoping of a rate cut


PTI

The BSE benchmark Sensex on Wednesday rose by a massive 491 points to close at 20,213 points, a 27-month high,
on buying mainly in banking and interest-sensitive stocks, after RBI said low inflation numbers will be taken into
account in its next monetary policy on June 17.
With a steepest single-day gain of 490.67 after June 29, last year, the Sensex settled at 20,212.96, its highest level last
seen January 2011.
Among major gainers were L&T, Mahindra and Mahindra, Maruti Suzuki, ONGC, Bajaj Auto, Cipla, Bharti Airtel and
Dr. Reddys Lab.
The broad-based National Stock Exchange index Nifty spurted by 151.35 points, or 2.52 per cent, to close at 6,146.75.
The MCX-SX flagship index SX40 closed 245.6 points, or 2.10 per cent, higher at 11,925.14.
Lower inflation numbers coupled with ample liquidity flow from FIIs are helping the stock market to rise higher,
said Nagji K. Rita, Chairman and MD, Inventure Growth & Securities.
RBI has said it would take into account falling inflation while deciding on policy initiative in its review next month.
We certainly will take note of the softening of inflation and the external payments situation in the next mid-quarter
policy statement on June 17, RBI Governor D. Subbarao said at an event in Frankfurt on Tuesday.
The WPI-based inflation eased to 4.89 per cent in April.
In 30-BSE index components, 29 stocks settled higher with Wipro closing unchanged.
The realty sector index was the star performer by rising 4.04 per cent to 1,956.35, while capital goods index shot up
by 3 per cent to 10,044.13.
www.thehindu.com/business/markets/sensex-zooms-491-points-hoping-of-a-rate-cut/article4717998.ece?css=print

1/2

5/15/13

Sensex zooms 491 points hoping of a rate cut - The Hindu

The banking sector index also rose by 3.95 per cent to 14,962.99 as HDFC Ltd. shot up by 4.70 per cent to Rs. 980,
SBI by 4.07 per cent to Rs. 2,384.50, ICICI Bank by 3.80 per cent to Rs. 1,191.65 and HDFC Bank by 3.72 per cent to
Rs. 714.80.
RIL and Infosys gained 2.65 per cent to Rs. 818.80 and by 0.37 per cent to Rs. 2,360.20, respectively.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | May 1 5, 2 01 3 5:3 8:53 PM | http://www.thehindu.com /business/m arkets/sensex-zoom s-4 9 1 -points-hoping-of-a-rate-cut/article4 7 1 7 9 9 8.ece
The Hindu

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2/2

5/16/13

Sensex up by 34 points, touches 28-month high - The Hindu

Business Markets
Published: May 16, 2013 19:16 IST | Updated: May 16, 2013 19:16 IST

Sensex up by 34 points, touches 28-month high


PTI

Rising for the third straight session, the BSE benchmark Sensex on Thursday rose by over 34 points to 20,247.33 to
hit a fresh 28-month high on buying mainly in realty, healthcare, oil and gas and banking stocks, amid strong foreign
capital inflows.
The 30-share index advanced by 34.37 points, or 0.17 per cent, to 20,247.33, which was last seen in January 2011. The
index had gained 521 points in last two trading sessions.
Similarly, the broad-based National Stock Exchange index, Nifty rose by 23.15 points, or 0.38 per cent, to 6,169.90,
led by stocks of banking and interest-linked stocks.
Also, the MCX-SX flagship index SX40 rose by 29.35 points, or 0.25 per cent, to 11,954.49.
Brokers said the market was bullish ever since reports of easing inflation have raised hopes that RBI will go for rate
cuts to boost economic growth. They said foreign investors continued buying in domestic stocks on expectations of
faster growth.
Overseas investors pumped in Rs. 1,646.95 crore (around $301 million) into local equities on Thursday, as per BSE
provisional data.
In the 30-BSE index components, 14 stocks gained led by Hindalco, Cipla, RIL, Dr. Reddys, Sterlite Industries and
SBI. The banking stocks gained 1.11 per cent, led by SBI, ICICI Bank and HDFC Bank.
The interest-rate linked realty sector index gained the most by 1.81 per cent to 1,991.75 followed by oil and gas index
by 1.64 per cent to 9,053.78.
Among other major gainers on the BSE, shares of Adani Ports surged 6.34 per cent to Rs. 161.90, after the company
www.thehindu.com/business/markets/sensex-up-by-34-points-touches-28month-high/article4721126.ece?css=print

1/2

5/16/13

Sensex up by 34 points, touches 28-month high - The Hindu

posted 197 per cent increase in consolidated net profit for the fourth quarter ended March 2013.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | May 1 6 , 2 01 3 1 1 :3 4 :52 PM | http://www.thehindu.com /business/m arkets/sensex-up-by -3 4 -points-touches-2 8m onth-high/article4 7 2 1 1 2 6 .ece
The Hindu

www.thehindu.com/business/markets/sensex-up-by-34-points-touches-28month-high/article4721126.ece?css=print

2/2

5/17/13

Bulls Charge Wall Street; Dow, S&P Hit Fresh Records | Fox Business
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Bulls Charge Wall Street; Dow, S&P Hit


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Pub lished May 17, 2013

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Pr int
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The broad S&P 500 zoomed close to 2% higher in its fourth-straight

Shar e

weekly as Wall Street's 2013 rally continued unabated.

0 Com m ents
Like
Tw eet

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0
0

The Dow Jones Industrial Average climbed 122 points, or 0.8%, to


15354, the S&P 500 advanced 15.7 points, or 0.95%, to 1666 and

Shar e

the Nasdaq Composite rose 33.7 points, or 0.97%, to 3499.


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the S&P 500 soared 2% and the Nasdaq leapt 1.8%.


After a round of broadly discouraging news on the U.S. economy
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Bulls Charge Wall Street; Dow, S&P Hit Fresh Records | Fox Business

In corporate news, J.C. Penney (JCP) posted considerably weakerMor e

than-expected first-quarter earnings on the top and bottom lines after


the closing bell Thursday. Still, Deborah Weinswig, an analyst at

Financial Guaranty Insurance


Corporation

Citigroup (C), said she was "encouraged" by chief executive Mike


Ullman's strategic plan. The bank upped its price target by $5 to $20.

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

Dell (DELL ) revealed quarterly profits that were far shy of

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
In...

expectations, but sales that widely beat estimates.


In commodities, oil and gasoline prices ticked up. The benchmark

Pow ered by

from Wall Street Words.

U.S. crude contract rose 29 cents, or 0.3%, to $95.45 a barrel.


Wholesale New York Harbor gasoline jumped 0.77% to $2.905 a
gallon. In metals, gold fell $8.40, or 0.61%, to $1,379 a troy ounce.

MOST POPULAR STOCKS

Foreign Markets
The Euro Stoxx 50 climbed 0.67% to 15138, the English FTSE 100
gained 0.31% to 6709 and the German DAX rose 0.08% to 8376.

Today

AAPL

-0.30%

APPLE INC.

BAC

BANK OF AMERI...

In Asia, the Japanese Nikkei 225 rallied 0.67% to 15138 and the

+3.01%

FORD MOTOR CO...

Chinese Hang Seng advanced 0.17% to 23083.

GE

Follow Adam Samson on Twitter @adamsamson.

GENERAL ELECT...

CITIGROUP INC...

Today

+0.52%
Today

+0.82%
Today

+1.66%
Today

15.08
4:00 PM

433.26
4:00 PM

13.43
4:01 PM

23.46
4:01 PM

51.45
4:00 PM

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5/17/13

Bulls Charge Wall Street; Dow, S&P Hit Fresh Records | Fox Business

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2% higher in its fourth-straight weekly
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5/17/13

Stocks at record highs in four-week run - May. 17, 2013

Stocks finish higher for fourth straight week


By Ben Rooney @CNNMoneyInvest May 17, 2013: 4:11 PM ET

Click for more market data.

NEW YORK (CNNMoney)

The stock market continued its march higher for a fourth week as investors focused on signs of improvement in the U.S.
economy.
The Dow Jones industrial average, S&P 500 and Nasdaq all ended higher Friday, with the Dow and S&P 500 finishing at record
levels. For the week, the S&P 500 added 2%, the Dow rose 1.5% and the Nasdaq advanced 1.7%.
Friday's gains came after a measure of consumer sentiment rose to its highest level in nearly six years. Separately, a report on
leading economic indicators bounced back in April.
U.S. stocks took a step back Thursday amid a raft of mixed economic reports and as some Federal Reserve officials called for an
end to monetary stimulus this year.
"The market is very sensitive to comments about the Fed pulling back," said Quincy Krosby, market strategist with Prudential
Financial. But Friday's economic reports "helped assuage fears that the economy and consumer were going deeper into a soft
patch."
All three indexes have gained around 16% so far this year on a combination of gradually improving economic data and continued
support from the Fed.
But the economic outlook may not be as rosy as some would hope, said Bruce McCain, chief investment strategist at Key Private
Bank.
"The euphoric reaction in the market is justified to a degree," he said. "But it may overestimate the growth we may see here and
overseas."
Meanwhile, gold prices dropped 1.6% to settle firmly below $1,370 an ounce. The precious metal has taken a beating during the
past few weeks as investors rotate out of safe-haven assets.
Click here for more on stocks, bonds, currencies and commodities

Retailers on the ropes: J.C. Penney (

JCP, Fortune 500) shares slid after the ailing retailer reported another massive loss.

The losses came during a quarter in which J.C. Penney announced the departure of CEO Ron Johnson, a former Apple (
money.cnn.com/2013/05/17/investing/stocks-markets/index.html?iid=HP_LN

AAPL,
1/2

5/17/13

Stocks at record highs in four-week run - May. 17, 2013

Fortune 500) retail executive hired in 2011 to revive the floundering chain.
Mike Ullman, the former CEO who took back the reins from Johnson, pledged to reemphasize the company's private brands and
improve the performance of its online store.
On the higher end of the retail spectrum, Nordstrom ( JWN, Fortune 500) shares sank after the company reported weakerthan-expected revenue growth and trimmed its sales outlook.
Facebook: One year later: A year after Facebook's (
below its IPO price of $38 a share.

FB) disastrous stock market debut, the social network's stock is still 30%

The company went public on May 18, 2012, in one of the most highly anticipated IPOs ever. But its stock performance has been
abysmal and some investors are relieved to have missed out on the deal.
Related: Facebook: Winners and losers

IPO pop: Shares of Tableau Software (

DATA) surged 60% in their debut on the New York Stock Exchange.

The company raised more than $254 million through an initial public offering that priced above its estimated range. Tableau,
which specializes in data visualization, also raised the amount of shares it offered to 8.2 million from 7.2 million.
Separately, shares of Marketo (
$80 million through an IPO.

MKTO) rallied 67% in their debut after the business-to-business software firm raised nearly

Tesla's stock offering: Tesla ( TSLA) raised $968 million in a secondary offering of common stock and convertible notes. The
electric car maker's founder and chairman, Elon Musk, personally bought $100 million shares. Tesla's stock fell slightly but
shares of another Musk-backed company, SolarCity ( SCTY), surged for the second straight day. The was up more than 25%.
European markets erased earlier losses, while Asian markets ended higher.

First Published: May 17, 2013: 9:49 AM ET

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5/21/13

Dow Logs Record High in 19th-Straight Tuesday Advance | Fox Business


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Dow Logs Record High in 19th-Straight


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Pub lished May 21, 2013

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Nasdaq Composite gained 5.7 points, or 0.16%, to 3502.

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to price fixing: U.S.

The markets were fairly mixed on the day. The telecommunications

See all tr ends

sector was by far the worst performer, followed by materials and


techology. Sectors that fared the best included consumer

Bus ines s Leader s

discretionary, utilities and industrials.


Focus Remains on Fed
The Fed's unprecedented asset-purchase program, dubbed QE3, is
widely considered to be one of the drivers of the big rally on Wall
Street this year. However, talk has shifted in recent weeks to when
exactly the central bank will begin paring back the rate at which it buys
bonds -- currently set at $85 billion a month.
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5/21/13

Dow Logs Record High in 19th-Straight Tuesday Advance | Fox Business

"Markets remain jittery about the potential for the tapering of asset

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Meanwhile, Goldman Sachs (GS) boosted its price targets for the
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growing more bullish. The bank expects the S&P to hit 1750 by yearend 2013, then rise to 1900 through 2014 and to 2100 in 2015.
There are several big corporate events on tap for the day. Apple
(AAPL ) chief executive Tim Cook will testify before Congress
regarding the company's holdings of billions of dollars in cash
overseas in what some lawmakers see as a tax dodge. J.P. Morgan
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major shift in the sector.


Home Depot's (HD) quarterly profits and revenues beat
expectations, and the home improvement store chain also raised its
full-year outlook amid a recovering housing market. Best Buy (BBY)
revealed a beat on the bottom line, but a miss on the top.
In commodities, oil prices fell 55 cents, or 0.57%, to $96.16 a barrel.
Wholesale New York Harbor gasoline sold off by 2.1% to $2.846.
Gold dipped $6.50, or 0.47%, to $1,378 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.61% to 2807, the English FTSE 100 rose
0.14% to 6765 and the German DAX dipped 0.27% to 8433.
In Asia, the Japanese Nikkei 225 tilted higher by 0.13% to 15281 and
the Chinese Hang Seng slumped 0.54% to 23366.
Follow Adam Samson on Twitter @adamsamson.
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5/21/13

Dow Logs Record High in 19th-Straight Tuesday Advance | Fox Business


[What's This?]

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5/21/13

Stocks end at record highs ahead of Bernanke - May. 21, 2013

Stocks end at record highs ahead of Bernanke


By Ben Rooney @CNNMoneyInvest May 21, 2013: 4:22 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Investors pushed stocks higher into record territory Tuesday after comments from a Federal Reserve official raised hopes the
central bank will continue to pump money into the financial system.
New York Federal Reserve president William Dudley said the Fed needs to rethink its current exit strategy, although he
stressed that it could involve both increasing or decreasing the pace of its bond buying program.
Investors have been paying close attention to comments from various Fed officials recently as they attempt to gauge when the
central bank will begin to taper off its stimulus programs.
Dudley said the uncertain outlook for the economy makes it difficult to say which direction the Fed will take.
That ambiguity helped ease concerns that the central bank may be moving toward a more rapid exit strategy, according to
Steven Ricchiuto, chief economist at Mizuho Securities USA.
"Dudley may have made the chairman's job easier tomorrow," Ricchiuto said. "He clearly aligned himself with the no taper
crowd."
Fed chairman Ben Bernanke will discuss his outlook for the economy Wednesday before Congress.
The Dow Jones industrial average and S&P 500 both closed at record highs Tuesday, gaining 0.3% and 0.2% for the day. The
Nasdaq added 0.2% to end at its highest level since 2000.
Click here for more on stocks, bonds, commodities and currencies

Bernanke on deck: Stocks have rallied more than 16% so far this year, driven by improving economic data and the Fed's easy
monetary policies.
But investors have been unwilling to push stocks much higher this week, ahead of Bernanke's testimony, said JJ Kinahan, chief
derivatives strategist at TD Ameritrade.
The S&P 500 shot up from 1,600 to 1,670 "like a hot knife through butter," he said. "Now some people are wondering if we have
to capitulate in order to stay higher."

money.cnn.com/2013/05/21/investing/stocks-markets/index.html?iid=HP_LN

1/3

5/21/13

Stocks end at record highs ahead of Bernanke - May. 21, 2013

Bernanke's comments may provide the catalyst for stocks to move "one way or the other," said Kinahan.
In the meantime, traders were keeping tabs on two widely-followed companies: JPMorgan and Apple.
CEOs in the hot seat: JPMorgan ( JPM, Fortune 500) shareholders rejected a proposal to split the roles of chairman and CEO,
both held by Jamie Dimon. The move is a major victory for Dimon, who has been under fire since JPMorgan lost $6 billion on
derivatives in the so-called London Wale trade.
Related: Dimon wins by a landslide

Apple ( AAPL, Fortune 500) was also in focus as CEO Tim Cook and other executives appeared on Capitol Hill to testify about
the company's tax practices. A report released Monday by Senators John McCain and Carl Levin criticized Apple for its use of
obscure subsidiaries and accounting tactics to reduce its tax burden. Cook defended Apple's policies and urged lawmakers to
overhaul the nation's tax code.
Home Depot and Best Buy: Shares of Home Depot ( HD, Fortune 500) rose after the home improvement retailer reported
quarterly increases in revenue, profit and same-store sales. The company cited an improving housing market and raised its sales
guidance for the fiscal year. Home Depot also benefited from the reconstruction effort in areas hit by Hurricane Sandy.
On the flip side shares of Best Buy ( BBY, Fortune 500) slid after the electronics retailer widely missed sales forecasts. Dick's
Sporting Goods ( DKS, Fortune 500) stock reversed earlier losses after the retailer missed revenue forecasts and issued
guidance in line with estimates.
Cruising for a bruising. Shares of Carnival ( CCL) stumbled after the cruise ship operator slashed its earnings forecast, and said
it was cutting prices in an effort to attract customers back onto its ships.
The sour forecast shows how Carnival continues to suffer from a number of high-profile incidents, including last year's Costa
Concordia disaster which led to the loss of 32 lives.
Related: Best deals in investing

Yahoo ( YHOO, Fortune 500) shares rose after the company announced a revamped version of photo-sharing service Flickr
late Monday, just hours after confirming it was buying blogging site Tumblr.
Related: Fear & Greed Index dwells in extreme greed

European markets ended higher, with London's FTSE 100 trading at 14-year highs. Asian markets ended mixed.

First Published: May 21, 2013: 9:44 AM ET

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2/3

5/27/13

Sensex gains 161 pts on good buying | The Hindu

Business Markets
Published: May 27, 2013 09:54 IST | Updated: May 27, 2013 12:12 IST

Sensex gains 161 pts on good buying


PTI

The BSE Sensex on Monday continued to gain on the back of short covering amid volatility with buying in frontline
shares of oil & gas, health care, realty, consumer durable and TECk counters in late morning trade.
The BSE 30-share barometer resumed higher at 19,750.67 points and hovered between 19,871.84 and 19,678.31 points
before quoting 19,858.43 points at 10.30 am.
It showed a gain of 154.10 points, or 0.78 per cent, from its last close.
The NSE 50-share index, Nifty, also regained the 6,000-mark level quoting higher by 45.25 points, or 0.76 per cent,
to 6,028.80 at 10.30 am.
Meanwhile, foreign institutional investors (FIIs) bought shares worth a net Rs 238.56 crore last Friday, as per
provisional data from the stock exchanges.
Major gainers were RIL by 3.38 per cent, Bharti Airtel by 2.86 per cent, Sun Pharma by 2.70 per cent, HDFC Bank by
1.80 per cent and Dr Reddys lab by 1.64 per cent.
Most Asian stocks were trading higher in the early trade.
Key benchmark indices in China, Taiwan, Hong Kong, S Korea and Singapore rose 0.01 to 0.59 per cent.
Stocks of Reliance Industries spurted after the company announced a huge natural gas discovery, possibly the biggest
find ever, in the flagging eastern offshore KG-D6 block that will be key to arresting falling output.
Coal India stocks also up by 1.13 per cent at Rs. 313.85 ahead of quarter earnings.
Meanwhile, Japans Nikkei was fell over 3 per cent in early trade on Monday.
Keywords: Sensex late morning trade,
Printable v ersion | May 2 7 , 2 01 3 8:3 8:2 5 PM | http://www.thehindu.com /business/m arkets/sensex-gains-1 61 -pts-on-good-buy ing/article4 7 553 6 5.ece
The Hindu

www.thehindu.com/business/markets/sensex-gains-161-pts-on-good-buying/article4755365.ece?css=print

1/1

5/28/13

Sensex hits fresh one-week high; up by 130 points | The Hindu

Business Markets
Published: May 28, 2013 17:09 IST | Updated: May 28, 2013 17:20 IST

Sensex hits fresh one-week high; up by 130 points


PTI

The BSE benchmark Sensex on Tuesday rose by 130 points to hit a fresh one-week high, extending gains for the third
straight day on increased capital inflows into blue chips, led by Hero Moto Corp, RIL and Coal India.
The 30-share index, which had gained 356 points in the last two trading sessions, advanced further by 130.05 points
or 0.65 per cent to 20,160.82. This is Sensexs highest closing since May 20.
The broad-based National Stock Exchange index Nifty regained a crucial 6,100 level by rising 28.10 points, or 0.46
per cent, to 6,111.25.
Also, the MCX-SX flagship index SX40 closed higher by 51.64 points, or 0.43 per cent, at 11,947.27.
Bullish mode
Brokers said the market remained in bullish mode on foreign funds buying, following steady inflow of positive reports
from blue chip companies.
A firming Asian trend and higher opening in Europe as investors awaited reports that may show US consumer
confidence and house prices increased, further boosted the trading sentiment.
CIL rose by 3.01 per cent (pc) to Rs. 322.95 after posting higher fourth-quarter profit and coal price hike, while indexheavy Reliance Industries advanced by 1.80 pc to Rs. 843.115, added to Mondays 5.3 pc gain after it announced a
significant gas discovery.
Out of the 30 Sensex components, 19 stocks ended with gains led by Hero MotoCorp, BHEL and Coal India gaining
5.09 pc, 3.30 pc and 3.01 pc respectively.
Auto stocks back in demand
While auto stocks were back in demand ahead of the monthly sales report, Infosys held unchanged at Rs. 2,366.35.
Among other stocks, shares of gold loan firms Muthoot Finance and Manappuram Finance were down after the
www.thehindu.com/business/markets/sensex-hits-fresh-oneweek-high-up-by-130-points/article4759580.ece?css=print

1/2

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Sensex hits fresh one-week high; up by 130 points | The Hindu

Reserve Bank imposed restrictions for providing loans against gold coins as well as units of gold ETFs.
In sector-wise indices, the oil and gas sector index gained the most by rising 1.65 pc to 8,950.96, followed by auto
index by 1.33 pc to 11,076.54.
Keywords: Sensex, Sensex closing, National Stock Exchange index, Nifty
Printable v ersion | May 2 8, 2 01 3 7 :59 :4 9 PM | http://www.thehindu.com /business/m arkets/sensex-hits-fresh-oneweek-high-up-by -1 3 0-points/article4 7 59 580.ece
The Hindu

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Strong Data Inspire Rally on Wall Street | Fox Business


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Pub lished May 28, 2013

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Pr int

The markets kicked off the holiday-shortened week in rally mode

Shar e

Tuesday, with cyclical stocks faring best, as traders cheered much

0 Com m ents

better-than-expected data on the U.S. housing and consumer sectors.

Today's Markets
Tw eet
Shar e

API CEO: U.S. Can


Surpass Saudi Arabia in
7 Years

White House Scandals:


Watergate All Over
Again?

Parents Sues Pitts burgh


Zoo Over Sons Death

TRENDING IN NEWS

Em ail

Like

Does America Need


Energy Independence?

The Dow Jones Industrial Average rallied 106 points, or 0.69%, to

15409, the S&P 500 climbed 10.5 points, or 0.63%, to 1660 and the
Nasdaq Composite jumped 30 points, or 0.86%, to 3489.

RELATED STOCKS

LPS
LENDER PROCE...

TIF
TIFFANY...

FNF
FIDELITY NAT...

33.49
+0.60

79.22
+3.01

The markets snapped a four-week winning streak last week, posting


mild losses amid concerns about when the Federal Reserve will begin
paring back its massive bond-buying program. However, the mood
across global trading desks was considerably rosier as traders in the

2 Teamsters union seeks to


displace union at American
Airlines
3 Ex-AIG Chief Seeks Dismissal of
Case Against Him
4 Report: U.S. Weapons Systems Designs
Hacked
5

Credit Suisse Warns of Worsening U.S. Tax


Spat
See all tr ends

U.S. returned from the long weekend.


Bus ines s Leader s

26.03
-0.15

1 Why Pension Funds are


Eating Y our 401(k)' s Lunch

Indeed, in a sign of the strength of the shift into risky assets, the yield
on the 10-year Treasury bond jumped to 2.097% -- its highest level of
2013 as traders ditched the safety of U.S. debt. Every sector besides
utilities and telecommunications were in the green, led by
economically-sensitive issues like energy, financials, materials and
consumer cyclicals.

Obama to Tap Furman as Next


Top Econ Adviser
Is Sum m er s Favor ite to Replace Ber nank e?

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Strong Data Inspire Rally on Wall Street | Fox Business


Dont Go to Wor k Without Your Pas s ion

The S&P/Case-Shiller composite index of 20 metropolitan areas


showed home prices rose 1.4% on a non-seasonally adjusted basis
in March, compared with the 0.7% gain economists were expecting.

Mor e

Prices are up 10.9% from the same month a year ago. Home prices
have started rebounding after collapsing when the bubble burst five
years ago.

Financial Guaranty Insurance


Corporation

Michael Gapen, an economist at Barclays, noted that every one of the

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

20 markets the index tracked were up for four consecutive months, in


what he deemed "another strong signal that momentum in the U.S.

In...

housing market remains in place." Gapen said he expects the

Pow ered by

rebound in the housing market to add to gross domestic product in

from Wall Street Words.

coming quarters.
The Conference Board's gauge of U.S. consumer confidence rose to
76.2 in May from 69 in April, topping economists' estimates of 71 and
marking the highest reading since February 2008. This comes on the
back of a considerably stronger-than-expected preliminary reading on
consumer sentiment from Reuters and the University of Michigan.

MOST POPULAR STOCKS

Today

AAPL

-0.83%

APPLE INC.

GE
Benchmark stock-market indexes in the UK, Germany and France all
jumped more than 1% on the back of remarks from key European
Central Bank officials suggesting the central bank would consider
cutting interest rates further if the 17-member currency bloc's
economy continues deteriorating. Bank of Japan chief Haruhiko

+3.31%

FORD MOTOR CO...

Today

+0.30%

GENERAL ELECT...

Today

FNMA

+37.37%

FANNIE MAE

BAC

BANK OF AMERI...

Today

+0.83%
Today

15.28
4:02 PM

441.44
4:00 PM

23.60
4:00 PM

4.08
4:00 PM

13.35
4:00 PM

Kuroda also made remarks suggesting the BoJ is likely to shrug off
rising government bond rates and continue its super-aggressive
monetary policy.
Adding to the good-mood feeling, Moodys Investors Service upped
its outlook on the U.S. banking system to "stable" from "negative."
The ratings companys outlook had been "negative" since the
financial crisis in 2008.
In commodities, oil prices were solidly higher. The benchmark U.S.
crude oil contract rallied 86 cents, or 0.91%, to $95.01 a barrel.
Wholesale New York Harbor gasoline advanced 0.49% to $2.853 a
gallon. Gold slipped $7.80, or 0.56%, to $1,380 a troy ounce.
On the corporate front, Tiffany (TIF) blew away Wall Street
expectations in the first quarter, sending its shares flying higher.
Fidelity National Financial (FNF) revealed plans to buy Lender
Processing Services (LPS) for $2.9 billion in stock and cash.
Foreign Markets
The Euro Stoxx 50 jumped 1.4% to 2834, the English FTSE 100
rallied 1.6% to 6762 and the German DAX zipped higher by 1.2% to
8483.

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Strong Data Inspire Rally on Wall Street | Fox Business

In Asia, the Japanese Nikkei 225 gained 1.2% to 14312 and the
Chinese Hang Seng climbed 1.1% to 22924.
Follow Adam Samson on Twitter @adamsamson.
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Strong Data Inspire Rally on Wall


Street
Bulls Are Back in Tow n: The markets
kicked off the holiday-shortened week
in rally mode Tuesday, with cyclical
stocks faring best, as traders cheered
much better-than-expected data on the
U.S. housing and consumer sectors.

Moody's Raises Outlook on U.S.


Banking Sector
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Reading Inter national Announces Senior Per s onnel


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Stock s Hold Onto Nice Gains ; Her tz Keeps Clim bing

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Am er ican Realty Gr ow s In Net Leas e With CapLeas e


Buy

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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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5/29/13

Super Tuesday: Dow closes at record high - May. 28, 2013

Super Tuesday: Dow closes at record high


By Maureen Farrell @CNNMoneyInvest May 28, 2013: 4:21 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

What financial crisis?


U.S. stocks surged Tuesday as investors digested stellar economic data that appeared to put the housing and financial crises far
in the rearview mirror.
The Dow Jones Industrial Average closed at a record high of 15,409.39, after gaining more than 100 points, or 0.7%. (Tracking
the Dow 30).
The S&P 500 rose 0.7%, and the Nasdaq added 0.9%.
At the same time, the yield on the 10-year Treasury note surged above 2.1% -- its highest level in more than a year.
Click for data on commodities, currencies and bonds

Housing is hot. Consumers are confident: S&P/Case-Shiller reported that housing prices rose a better-than-expected 10.2%
during the first quarter.
That was the biggest increase since 2007 and helped boost the entire sector. The SPDR S&P Homebuilders (
more than 2% at one point.

XHB) ETF gained

Separately, the May reading on consumer confidence hit a five-year high and jumped more than expected.
The Tuesday rally effect: Tuesday seems to be the day for buying in 2013 and today marks the 20th consecutive Tuesday that
the Dow has inked gains.
Central bankers keep their foot on the gas: Central bankers, including the Federal Reserve, have been fueling the 2013 rally by
buying up government bonds to push down interest rates and entice investors to buy stocks.
Central bankers in Japan and Europe signaled they were prepared to keep pumping money into their respective economies to
keep rates low, even amid signs of recovery.
Asian markets and European markets both closed higher, gaining more than 1%.

money.cnn.com/2013/05/28/investing/stocks-markets/index.html?iid=HP_LN

1/2

5/29/13

Super Tuesday: Dow closes at record high - May. 28, 2013

Related: Fear & Greed Index pushes back into extreme greed

Grab bag of corporate news: Tiffany (

TIF) reported better-than-expected earnings but lowered its revenue outlook.

Valeant Pharmaceuticals said Monday it was buying eye care specialist Bausch & Lomb from private equity firm Warburg
Pincus. U.S. shares of Valeant ( VRX), Canada's largest drugmaker, rose nearly 9%.
Shares of Netflix (
Day weekend.

NFLX) slumped after the much-hyped new season of Arrested Development kicked off over the Memorial

Related: Elon Musk's fortune swells by $2.9 billion

Shares of the electric car maker Tesla (

TSLA), backed by billionaire Elon Musk, surged 13%, topping $100 for the first time.

Banana purveyor Dole ( DOLE, Fortune 500) sank 6%, after the company announced that it would suspend its plan to buy back
$200 million of its own shares.

First Published: May 28, 2013: 9:46 AM ET

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Pr int
Em ail

The markets posted mild gains on Thursday, after making a big swing

Shar e

in the prior two sessions, after a round of disappointing data helped

0 Com m ents

traders overcome worries over when the Fed will begin cutting back

Like
Tw eet

on its aggressive easing.

0
0

Today's Markets

Shar e

According to preliminary calculations, the Dow Jones Industrial


Average climbed 26.8 points, or 0.17%, to 15329, the S&P 500

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gained 6.4 points, or 0.38%, to 1655 and the Nasdaq Composite


KKR
KKR & CO. L....

20.12

advanced 24.4 points, or 0.69%, to 3491.

See all tr ends

+0.01

It's been a manic week for Wall Street. Strong data ignited a rally

Bus ines s Leader s

Tuesday, but then fears that an accelerating recovery will cause the
Federal Reserve to slow its easing program sparked an equally large
selloff Wednesday.
The Nikkei 225, Japan's benchmark stock-market index, plunged
5.2% overnight and entered a technical correction, meaning it has
fallen 10% from a recent high. Markets there have been driven by
central bank headlines as well, with the Bank of Japan initiating a
massive easing program aimed at escaping the country's painful
www.foxbusiness.com/markets/2013/05/30/stocks-drift-higher-as-weak-data-cool-tapering-fears/

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Stocks Drift Higher as Weak Data Cool Tapering Fears | Fox Business

deflation.
Mor e

The focus is expected to stay on the economy, with three key reports
due out.

Financial Guaranty Insurance


Corporation

A second reading on U.S. gross domestic from the Commerce

A private insurer of interest and principal


payments on municipal bond issues. As with

Department product showed the economy expanded at an annualized

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

rate of 2.4% in the first quarter, down slightly from an initial estimate
and Wall Streets forecast of 2.5% growth.

In...
Pow ered by

The Labor Department said new claims for unemployment benefits

from Wall Street Words.

rose to 354,000 last week from an upwardly revised 344,000 the


week prior. Claims were expected to hold steady from an initiallyreported 340,000.

MOST POPULAR STOCKS

U.S. pending home sales ticked up 0.3% in April from March to the
highest level in three years, according to the National Association of
Realtors. Sales were expected to climb 1.1%. The gauge was up
10.3% from the same month in 2012.The housing market has been
cited as a bright spot in the overall economic recovery as the Fed has
pushed down short and long-term interest rates.

Today

FNMA

-40.34%

FANNIE MAE

Today

AAPL

+1.49%

APPLE INC.

BAC

BANK OF AMERI...

GE

In commodities, oil and gasoline futures pointed higher. The

+1.73%

FORD MOTOR CO...

GENERAL ELECT...

Today

+2.60%
Today

-0.17%
Today

15.90
4:01 PM

1.73
3:59 PM

451.58
4:00 PM

13.83
4:00 PM

23.60
4:00 PM

benchmark U.S. crude oil contract climbed 62 cents, or 0.49%, to


$93.74 a barrel. Wholesale New York Harbor gasoline rose 0.61% to
$2.82 a gallon. In metals, gold rallied $19.40, or 1.4%, to $1,411 a
troy ounce.
On the corporate front, private-equity heavyweight KKR (KKR) said it
hired former Central Intelligence Agency chief David Petraeus to run
its newly created KKR Global Institute.
Foreign Markets
The Euro Stoxx 50 jumped 0.8% to 2809, the English FTSE 100 rose
0.38% to 6652 and the German DAX surged 1.2% to 8481.
In Asia, the Japanese Nikkei 225 plunged 5.2% to 13589 and the
Chinese Hang Seng slipped 0.31% to 22484.
Follow Adam Samson on Twitter @adamsamson.
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48.45
+1.75

25.24
+0.96

The markets ended what was a strong month on a weak note last
week. The S&P 500 took its biggest drop in more than a month
Friday, but still rose 2.1% for May in its seventh-straight monthly

See all tr ends

Bus ines s Leader s

advance.

15.89
+0.21

450.72
+0.98

On Monday, energy and consumer staple stocks fared the best by far.
Intel (INTC) and Merck (MRK ) gave the Dow a big boost,
contributing 20 points combined.

Lockhart: Fed May Trim QE in


Coming Months
The Mos t Over look ed Leader s hip Sk ill
CEO Tak es Am er ican Dr eam to New Heights

www.foxbusiness.com/markets/2013/06/03/wall-street-posts-comeback-rally-as-data-cool-qe-fears/

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6/3/13

Wall Street Posts Comeback Rally as Data Cool QE Fears | Fox Business

The Federal Reserve's plans to exit its massive bond-buying


operation, dubbed QE3, has remained a major focus on Wall Street.

Mor e

The markets are expected to stay fixated on the central bank as


several key reports are released on the U.S. economy, capped with

Financial Guaranty Insurance


Corporation

the all-important monthly jobs report on Friday.

A private insurer of interest and principal


payments on municipal bond issues. As with

"Everything investors do this week will be conducted in the shadow of

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

[the May jobs report], as they try to pre-empt the next move from the
worlds most powerful central bank," Chris Beauchamp, a market

In...

analyst at IG wrote in an e-mail.

Pow ered by

from Wall Street Words.

The Institute for Supply Management Manufacturing PMI gauge


dipped to 49 in May from 50.7 in April, missing estimates that it would
hold steady. It was the lowest reading since June 2009, and indicated
the sector contracted for the first time since November 2012.
"We can now say with even more confidence that there is literally zero

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APPLE INC.

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BAC

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growing that our September call looks optimistic," Dan Greenhaus,

BANK OF AMERI...

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chief global strategist at BTIG, wrote in an e-mail.

FNMA

+20.48%

Adding to that, Atlanta Fed chief Dennis Lockhart told FOX Business
easing QE right now would be "premature." However, he did say that

FANNIE MAE

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15.89
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the central bank may begin trimming the bond purchases in coming
months if the economy keeps up its momentum.
PMI readings out of China painted a mixed picture for the world's No.
2 economy. The official data showed a shallow increase in the rate at
which the manufacturing sector expanded in May, rising to 50.8 from
50.6. However, a separate survey from HSBC showed the sector
contracting for the first time in seven months, falling to 49.2 in May
from 50.4 in April.
A report from Markit showing the eurozone manufacturing sector
deteriorated at the slowest pace in 15 months helped balance out that
report. The metric jumped to 48.3 from 46.7. Germany, France and
Italy -- the bloc's three biggest economies -- all saw improvements as
well.
"Although the euro area manufacturing economy continued to contract
in May, it is reassuring to see the rate of decline ease to such a
marked extent," Chris Williamson, chief economist at Markit wrote in
the report. "The sector still seems some way off stabilising, however,
and therefore remains a drag on the economy."
On the corporate front, the Big Three U.S. automakers reported
monthly sales figures on the day. Ford (F) saw a 14% increase in
sales for the month, while Chrysler's sales climbed 11%. Intel (INTC)
shares rallied on the back of an upgrade by FBR.
www.foxbusiness.com/markets/2013/06/03/wall-street-posts-comeback-rally-as-data-cool-qe-fears/

2/4

6/3/13

Wall Street Posts Comeback Rally as Data Cool QE Fears | Fox Business

Apple (AAPL ) will face the U.S. Justice Department in court amid
allegation the tech titan conspired to fix e-book pricing.
In commodities markets, oil and gasoline futures were in the green.
The benchmark U.S. crude oil contract climbed $1.48, or 1.6%, to
$93.45 a barrel. Wholesale New York Harbor gasoline rallied 1.1% to
$2.785 a gallon. Gold advanced $18.90, or 1.4%, to $1,412 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.64% to 2787, the English FTSE 100
dipped 0.11% to 6576 and the German DAX climbed 0.51% to
8391.
In Asia, the Japanese Nikkei 225 plunged 3.7% to 13262 and the
Chinese Hang Seng tilted lower by 0.49% to 22282.

Follow Adam Samson on Twitter @adamsamson.


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Dow keeps winning streak alive - Jun. 3, 2013

Dow keeps winning streak alive


By Maureen Farrell @Maureenmfarrell June 3, 2013: 4:20 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

U.S. stocks kicked off June with a win.


The Dow Jones Industrial Average, which has gained for six months in a row, kept its winning streak going Monday. The blue
chip index was up all day but the buying really gained steam into the close, sending the Dow up 138 points, or 0.9%.
The S&P 500 and Nasdaq added between 0.3% and 0.6%, after drifting between positive and negative territory for most of the
day.
Tomorrow, investors will see if Dow can extend its Super Tuesday streak and close higher for the 21st Tuesday in a row.
It's been a stellar year for stocks so far. All three indexes are up between 14% and 16%.
This year's bull run has been accompanied by a dose of volatility over the past few weeks, as investors worry about when the
Federal Reserve might pull back on its bond buying program.
Click here for data on commodities, currencies and bond prices.

Underwhelming readings on manufacturing and construction spending didn't appear to rattle investors' confidence Monday.
Manufacturing contracted for the first time since November, while construction spending didn't rise as much as economists
had expected.
Investors are waiting for the most important economic number this week from the government's monthly jobs report due out
on Friday.
Related: Investors flee SAC Capital

Zynga gets zinged: Online gaming company Zynga ( ZNGA) is cutting 18% of its workforce and closing up shop in New York,
Dallas, and Los Angeles. Shares of the Farmville creator sank more than 12% once the company reopened for trading. The stock
was halted shortly after All Things D reported the layoffs.
America's love affair with automobiles reignited: Ford ( F, Fortune 500), General Motors (
( TM) all reported stronger-than-expected U.S. auto sales for May.

money.cnn.com/2013/06/03/investing/stocks-markets/index.html?iid=HP_LN

GM, Fortune 500), and Toyota

1/2

6/3/13

Dow keeps winning streak alive - Jun. 3, 2013

Separately, Ford announced that it was recalling 465,000 due to fuel leaks.
Shares of Tesla ( TSLA), the electric car company founded by Elon Musk, floundered as Americans showed continuing
allegiance to the traditional car makers.
Merck leads rally in drug stocks: Shares of Merck (
a positive study for a skin cancer treatment.
The news boosted shares of GlaxoSmithKline (
500).
Intel (

MRK, Fortune 500) rose sharply, after the pharmaceutical firm announced

GSK ), Bristol-Myers Squibb (

BMY, Fortune 500), and Pfizer (

PFE, Fortune

INTC, Fortune 500) got a big boost from an analyst upgrade, making it and Merck the biggest Dow gainers Monday.

Related: Best deals in investing

Troubles in Turkey: Stocks in Turkey got hammered as protests against Prime Minister Recep Tayyip Erdogan spread across
the country.
But other European markets shrugged off the Turkish violence. All three major indexes closed down between 0.7% and 0.8%.
Related: Fear & Greed Index, idling in neutral

Asian markets ended with losses, led by a 3.7% tumble for Tokyo's Nikkei. The index has lost nearly 12% since its peak in May.
Japan has been on a wild ride since prime minister Shinzo Abe promised a bold plan of bond buying to spur that country's long
sagging economy.
So-called Abenomics had also weakened Japan's currency appreciably -- a trend that's started to reverse of late. The yen rose
against the dollar Monday.

First Published: June 3, 2013: 9:50 AM ET

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2/2

6/6/13

Stocks wobble as focus turns to jobs - Jun. 6, 2013

Stocks stage big comeback


By Ben Rooney @CNNMoneyInvest June 6, 2013: 4:40 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks ended a volatile session higher Thursday as investors brace for a key report on the job market.
The Dow Jones industrial average rose 80 points, or 0.5%, after falling more than 100 points earlier. With that comeback, the
Dow avoided what would have been its first three-day losing streak this year. The S&P 500 gained 0.8% and the Nasdaq rose
0.7%
Stocks came under pressure in midday trading as the U.S. dollar weakened against other currencies. The dollar fell 3% versus the
Japanese yen before regaining some ground. It fell more than 1.5% versus the euro and the U.K. pound.
Traders said the weakness in the dollar was driven by speculation that Friday's report on the U.S. job market could fall short of
expectations. But trading has been choppy overall recently as investors wrestle with concerns about the global economy and an
uncertain outlook for Federal Reserve policy.
U.S. stocks fell sharply Wednesday, with the Dow closing below 15,000 for the first time since May 6.
Click for data on commodities, currencies and bonds.

Volatility is back. CNNMoney's Fear & Greed index has moved within a few points of the level that signals "extreme fear" in the
market.
Over the past month, the CBOE market volatility index, or VIX (
losses for the year.

VIX), has surged more than 40% and has nearly erased all of its

"We're going to continue to see volatility in the market," said Ben Schwartz, chief market strategist at Lightspeed Financial.
"There's a lot of uncertainty."
Schwartz noted that June is typically a bad month for stocks, adding that many investors are in the midst of repositioning their
portfolios for the second half of the year.
"We're looking to see what the Federal Reserve is going to do, and what the [economic] numbers are going to look like over the
next week or two," he said.
Related: Dimon says expect 'scary' markets

money.cnn.com/2013/06/06/investing/stocks-markets/index.html?iid=HP_LN

1/2

6/6/13

Stocks wobble as focus turns to jobs - Jun. 6, 2013

Jobs in focus. Analysts say Friday's report could be particularly important given the questions about how long the Fed will
continue its bond-buying program.
The government said Thursday that initial claims for unemployment benefits totaled 346,000 in the week ended June 1, down
11,000 from the previous week.
Jim O'Sullivan, chief U.S. economist at High Frequency Economics, reduced his forecast for Friday's report to a gain of 150,000
jobs from 195,000 jobs. He pointed to disappointing reports this week on the services industry and hiring by employers in the
private sector.
The private sector continued to add jobs in May, according to this week's report from payroll processing firm ADP, but the pace
was slower than economists had hoped.
Related: Apple, the ultimate defensive stock?

On the move: Shares of SodaStream ( SODA) rose on speculation that PepsiCo ( PEP, Fortune 500) may be trying to buy the
soda maker. But the stock pared earlier gains after PepsiCo CEO Indra Nooyi told CNBC the rumors were untrue.
Limited Brands ( LTD, Fortune 500), which owns Victoria's Secret and other apparel brands, said same store sales rose 3% in
May. That was slightly below forecasts, putting pressure on the stock.
J. M. Smucker Company (
price cuts made last year.

SJM, Fortune 500) said earnings jumped 25% during its fiscal fourth quarter, but sales fell 1% on

Shares of LightInTheBox ( LITB) rallied in their U.S. stock market debut. The online retailer of "lifestyle products" based in
China, raised $79 million through an initial public offering that priced in the middle of its estimated range.
Related: Fear & Greed Index slips into fear

European stocks ended lower, with markets in London, Paris and Frankfurt falling more than 1%. The European Central Bank
and the Bank of England both left their main interest rates unchanged, as expected.
European investors showed little reaction to monetary policy announcements, though the euro surged to a four-week high
against the U.S. dollar.
Asian markets ended the day in the red. Japan's Nikkei index fell by another 0.9%, after dropping nearly 4% in the previous
session. The Tokyo index has fallen more than 17% since May 22, when it hit its highest level in five and a half years.

First Published: June 6, 2013: 9:43 AM ET

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Stocks Swing Higher in Late-Day Dash | Fox Business


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After spending the session bouncing between gains and losses, the

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0 Com m ents

jobs report due out on Friday.

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According to preliminary calculations, the Dow Jones Industrial

Average jumped 79.5 points, or 0.53%, to 15040, the S&P 500


climbed 13.6 points, or 0.84%, to 1622 and the Nasdaq Composite

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about when the Federal Reserve will begin cutting down on its bond
purchases, currently set at $85 billion a month. The losses this week
have knocked the Dow and S&P 500 down to levels not seen since
early may, trimming down the big gains seen so far this year.

See all tr ends

Bus ines s Leader s

Central banks remained in the spotlight on Thursday. The European


Central Bank and Bank of England held their benchmark interest rates
at 0.5% as analysts expected. The BoE also said it will keep the
scope of its own quantitative easing program at 375 billion pounds.
ECB President Mario Draghi is expected to hold a press conference
later in the day -- an event that is often a market mover.

www.foxbusiness.com/markets/2013/06/06/stocks-swing-higher-in-late-day-dash/

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Stocks Swing Higher in Late-Day Dash | Fox Business


Par k ing Lot to C-Suite: SeaWor ld CEOs Splas hy
Succes s

Also on the economic front, the Labor Department said new claims for
unemployment benefits fell to 346,000 last week from an upwardlyrevised 357,000 the week prior. Claims were expected to fall to

Mor e

345,000 from an initially-reported 354,000.

Financial Guaranty Insurance


Corporation

In corporate news, Calcalist, an Israel-based financial paper, reported


that PepsiCo (PEP) was mulling a $2 billion acquisition of

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

SodaStream (PEP), according to a report from Reuters. A


SodaStream spokesperson said the company does not comment on

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
In...

"rumor and speculation." PepsiCo could not be immediately be


reached for comment.

Pow ered by

from Wall Street Words.

In commodities, oil prices climbed 57 cents, or 0.61%, to $94.31 a


barrel. Wholesale New York Harbor gasoline advanced 0.22% to
$2.829 a gallon. Gold was up $5.30, or 0.39%, to $1,403 a troy
ounce.

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Stocks Rocket Higher, Jettison Weekly Losses as Traders Cheer Data | Fox Business
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The markets rocketed higher Friday, shedding weekly losses, after a

1 Toy ota Show s Off Ne w


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The Dow Jones Industrial Average jumped 208 points, or 1.4%, to

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themes that have driven Wall Street this week. The Dow and broader
S&P 500 have had tough weeks, but managed to cut losses and even

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post gains after Friday's rally.


For the week, the Dow advanced 0.88%, the S&P climbed 0.78% and
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Stocks Rocket Higher, Jettison Weekly Losses as Traders Cheer Data | Fox Business

The jobs report -- generally considered the key economic event of the
month -- is taking on even more significance amid traders' near

Mor e

obsession with when the Fed will begin tapering its giant bond-buying
operation, dubbed QE3. That's because the central bank has a dual

Financial Guaranty Insurance


Corporation

mandate to keep the unemployment rate near its natural level, while
keeping inflation in check.

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

The Labor Department said nonfarm payrolls rose by 175,000 in May,


beating Wall Streets expectations by 5,000. The unemployment rate
ticked up to 7.6% for the month from 7.5% in April. The labor force

In...

participation rate came in at 63.4% from 63.3% in April.

Pow ered by

Goldman Sachs pinned the increase in the unemployment rate to


people re-entering the labor force, generally seen as a positive
development.
"The caveat is that these numbers are subject to an error of plus or
minus 100,000, but this initial reading is positive news for the U.S.
economy, especially as 3,000 government jobs were cut during the
month," said Chris Williamson, chief economist at Markit.
Barclays said the report doesn't change its view on when the Fed will
begin trimming QE3.

from Wall Street Words.

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GE

GENERAL ELECT...

VZ

VERIZON COMMU...

Today

+1.36%
Today

+2.05%
Today

+0.54%
Today

15.73
4:00 PM

441.81
4:00 PM

13.38
4:00 PM

23.86
4:00 PM

50.24
4:01 PM

"The May employment report contained both pluses and minuses and
Federal Reserve policymakers can view this report several different
ways," economists at the Britain-based investment bank wrote to
clients. "In that regard, we do not see the number as providing clarity
on the state of improvement in labor markets and the potential for a
reduction in the pace of asset purchases."
Elsewhere, markets in Japan, which have flown higher this year,
waded into bear-market territory overnight before rebounding
somewhat.
Oil and gasoline futures were in the green. The benchmark U.S. crude
oil contract rallied $1.27, or 1.3%, to $96.03 a barrel. Wholesale New
York Harbor gasoline climbed 0.33% to $2.86 a gallon. In metals, gold
fell $32.80, or 2.3, to $1,383 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.03% to 2675, the English FTSE 100 dipped
0.06% to 6332 and the German DAX slumped 0.29% to 8075.
In Asia, the Japanese Nikkei 225 ticked down by 0.21% to 12878 and
the Chinese Hang Seng sold off by 1.2% to 21575.
Follow Adam Samson on Twitter @adamsamson.

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6/7/13

Stocks Rocket Higher, Jettison Weekly Losses as Traders Cheer Data | Fox Business

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6/7/13

Jobs number 'perfect' for nervous investors - Jun. 7, 2013

Jobs number 'perfect' for nervous investors


By Hibah Yousuf @CNNMoneyInvest June 7, 2013: 4:11 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

A good, but not great, jobs number managed to spark healthy gains on Wall Street Friday.
The government's monthly report showed the economy added 175,000 jobs in May, more than the 158,000 economists had
expected. The unemployment rate edged up to 7.6% from 7.5% in April.
The Dow Jones industrial average rallied more than 200 points, or 1.4%. The S&P 500 and Nasdaq rose 1.3%.
Friday's gains helped push the major indexes into positive territory for the week, following two straight weeks in the red. The
Dow and S&P 500 gained 0.9% and 0.8%, while the Nasdaq ticked up 0.4%. The Dow and S&P 500 are about 2% from the record
highs they hit last month.
European markets followed U.S. stocks and closed sharply higher.
But stocks have been volatile recently, as investors grapple with concerns about when the Federal Reserve might start to cut
back on its stimulus efforts.
Related: Click here for more on stocks, bonds, currencies and commodities

What the jobs number means for the Fed: The monthly jobs report is always a big focus, and of particular importance this time
around as investors question how long the Fed will continue its bond-buying program in the face of an improving economy.
Fed chief Ben Bernanke has said that the Fed will begin pulling back on its stimulus monetary policies when the job market
shows sustainable improvement.
"Today's report is perhaps the perfect number for nervous investors," said James Marple, senior economist at TD Economics. "It
is strong enough to point to continued economic recovery, but not so strong as to bring forward expectations of Fed tapering."
Brad Sorensen, director of market and sector research for Charles Schwab, echoed Marple's comments, saying the number fell in
the "sweet spot" that takes the possibility of Fed tapering off the table for now.
Related: Fear & Greed Index, sliding into fear

What's moving: Shares of TiVo (

TIVO) plunged almost 20% after the company settled a patent infringement battle with

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6/7/13

Jobs number 'perfect' for nervous investors - Jun. 7, 2013

Google's (

GOOG, Fortune 500) Motorola Mobility unit.

Wal-Mart ( WMT, Fortune 500)rose after the world's biggest retailer announced a $15 billion stock buyback program at its
annual shareholder meeting.
Shares of Amazon (

AMZN, Fortune 500) jumped after the online retailer began selling the Kindle in China.

Samsung ( SSNLF) shares tumbled in Korea as investors worried about slowing sales of the Galaxy S4 smartphone. Future
sales could come under even more pressure if rival Apple ( AAPL, Fortune 500) announces a trade-in program as reported by
Bloomberg.
Japan briefly dips into bear market territory: Asian markets ended the day with losses. Japan's Nikkei index retreated again, at
one stage entering bear market territory by extending losses since its May 23 peak to more than 20%. It recovered slightly later
in the session to end 0.2% down for the day.
The major indexes in Hong Kong and mainland China fell by just over 1%.

First Published: June 7, 2013: 9:42 AM ET

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6/13/13

U.S. stocks end more than 1% higher - Jun. 13, 2013

U.S. stocks end more than 1% higher


By Mauren Farrell @CNNMoneyInvest June 13, 2013: 4:52 PM ET

Click chart for more market data.

NEW YORK (CNNMoney)

Tremors in Asia couldn't shake U.S. investors Thursday.


The Dow Jones Industrial Average, the S&P 500, and the Nasdaq closed with gains of 1.2% to 1.5%, bouncing back from modest
losses earlier in the day.
In a month that's been checkered with heightened volatility, trading was notably stable as investors shrugged off a sharp sell-off
in Asian markets. (Fear & Greed Index moves away from extreme fear)
Click here for more on stocks, bonds, commodities and currencies

The easing of quantitative easing? When will the U.S. Federal Reserve cut back on its bond buying program? Will other central
banks, including the Bank of Japan, cut investors off too?
Those questions have been worrying investors more and more in recent weeks.
Related: The bull market Wall Street loves to hate

Cheap money from the Fed and other central banks has been fueling the 2013 rally in global markets. All three major U.S.
indexes are up between 13% to 15% this year.
Investors saw some bright spots in the U.S. economy Thursday. Retail sales came in above expectations, and weekly jobless
claims dipped more than forecast.
World markets wobble: Japan's Nikkei index fell into bear market territory, marked by a decline of at least a 20% from its most
recent peak. Other major indexes in Asia also tumbled. Stocks in Europe rebounded from sharp losses to end mixed.
Japan's prime minister Shinzo Abe had promised to increase its central bank's intervention to prop up Japan's stock market and
weaken the yen, in an effort to help the economy by encouraging exports.
So-called Abenomics seems to have lost its luster. As the Nikkei sold off, the yen hit its highest level since early April.
Related: Nikkei tumbles 6% on central bank fears

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U.S. stocks end more than 1% higher - Jun. 13, 2013

Market strategist Komal Sri-Kumar said the gyrations in Japan's markets could "be an interesting precursor to what might
happen in the U.S." if the Fed decides to end its $85 billion-a-month bond buying program, or even scale it back.
But the Nikkei has also had a stratospheric rise on the back of Japan's aggressive stimulus moves, so a pullback might be
considered healthy.
Related: School gives 16-year-olds $100,000 to invest

In corporate news, shares of Gannett ( GCI, Fortune 500) rallied after the newspaper publisher said it was buying Belo ( BLC)
for $1.5 billion, a deal that will significantly increase the number of television stations it owns. Shares of Belo were also higher,
reflecting the 28% premium that the purchase price represents.
Shares of beauty products company Coty ( COTY) fell, after the company made its public debut on the New York Stock
Exchange. Coty raised $1 billion through an IPO that priced shares at $17.50 apiece.

Safeway is a safe haven ... for now


Meanwhile, Safeway ( SWY, Fortune 500) shares rose, after the grocery chain announced the sale of its Canadian operations
to Sobeys for $5.68 billion. Safeway said it will use the proceeds from the sale to pay down $2 billion in debt, buy back stock and
support growth elsewhere.
In the U.K, shares of part-nationalized Royal Bank of Scotland ( RBS ) slumped, after CEO Stephen Hester said Wednesday he
would step down at the end of the year to allow a successor to steer the bank through privatization. No successor has been
named yet.
Shares of Myriad Genetics ( MYGN) gave up earlier gains to end lower, after the U.S. Supreme Court ruled that human genes
can't be patented but synthetic ones can.

First Published: June 13, 2013: 9:50 AM ET

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Turnaround Thursday: Markets Jet Higher on Strong Data | Fox Business


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Turnaround Thursday: Markets Jet Higher on Strong Data | Fox Business

The Commerce Department reported retail sales ticked up 0.6% in


Mor e

May from April, beating expectations of a 0.4% rise. Core sales,


which excludes automobiles, gasoline and building materials

Financial Guaranty Insurance


Corporation

increased 0.3% from 0.2% in April. The consumer sector is the


largest portion of the economy, and the data often have an outsize

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

market impact.

by 12,000 to 334,000 last week. Claims were expected to fall to

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
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345,000 from 346,000 the week prior. Jobs data have come into

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The Labor Department said new claims for unemployment benefits fell

from Wall Street Words.

focus as traders try to determine when the labor market will be


recovering swiftly enough for the Federal Reserve to begin tapering
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its bond buys.


Another report from Commerce showed U.S. import prices fell 0.6%
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expectations that both would hold steady for the month. Import prices
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crude oil contract fell 51 cents, or 0.52%, to $95.38 a barrel.


Wholesale New York Harbor gasoline rose 0.03% to $2.811 a gallon.
In metals, gold dipped $6.90, or 0.5%, to $1,385 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.9% to 2642, the English FTSE 100 dropped
0.85% to 6246 and the German DAX sold off by 1.4% to 8028.
In Asia, the Japanese Nikkei 225 plunged 6.4% to 12445 and the
Chinese Hang Seng plummeted 2.2% to 20887.

Follow Adam Samson on Twitter @adamsamson.


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6/14/13

Sensex snaps 3-day losing streak | The Hindu

Business Markets
Published: June 14, 2013 16:36 IST | Updated: June 14, 2013 16:37 IST

Sensex snaps 3-day losing streak


PTI

Rising for the first time in four days, the BSE benchmark Sensex on Friday gained a massive 350.77 points to close
above the 19,000 level on all-round buying by funds as lower headline inflation revived hopes of a rate cut by RBI next
week, amid smart recovery in global markets.
The 30-share index started the day strong at 19,022.68 and increased further to settle 350.77 points, or 1.86 per cent,
higher at 19,177.93. Sensex had slipped below the 19,000-level to 18,827.16 yesterday, losing 613.91 points, or 3.16 per
cent in last three sessions.
Similarly, broad-based National Stock Exchange Nifty rose by 109.30 points, or 1.92 per cent, to close at 5,808.40.
Also, MCX-SX flagship index, SX40, ended 207.09 points higher, or 1.85 per cent, at 11,386.45.
Out of the 30 Sensex stocks, 26 ended higher led by Hindalco, Tata Motors and Maruti.
The market heavy Reliance Industries surged by 3.15 per cent to Rs 814, and second most heavy Infosys by 0.88 per
cent to Rs 2,400. The most heavy ITC shot up by 1.41 per cent to Rs 331.40. The three stocks carry nearly 25 per cent
weightage on the Sensex.
Sectorally, the consumer durable sector index gained the most, rising 3.52 per cent to 6,592.76 followed by auto
sector by 3.01 per cent to 10,697.47. Realty index rose by 2.86 per cent to 1,602.17 and metal index by 2.50 per cent to
7,940.23.
Keywords: Sensex, BSE, Nifty, NSE, closing trade
Printable v ersion | Jun 1 4 , 2 01 3 7 :2 5:57 PM | http://www.thehindu.com /business/m arkets/sensex-snaps-3 day -losing-streak/article4 81 4 3 1 4 .ece
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6/17/13

Sensex rises 148 points; M&M leads gain | The Hindu

Business Markets
Published: June 17, 2013 16:38 IST | Updated: June 17, 2013 16:38 IST

Sensex rises 148 points; M&M leads gain


PTI

The BSE benchmark Sensex on Monday rose 148 points on buying by funds mainly in auto, capital goods, teck and
consumer durables stocks even as the RBI kept interest rates unchanged.
The Sensex gained by 147.94 points, or 0.77 per cent, to 19,325.87. The index had gained 351 points in the previous
session.
Similarly, the National Stock Exchange index Nifty rose by 41.65 points, or 0.72 per cent, to 5,850.05 led by auto
stocks.
Brokers said an early monsoon raised hopes of better agri output and generate buying power in rural areas.
They said the market also bolstered on speculation the RBI will resume lowering borrowing costs after holding
interest rates on Monday.
Automakers led the gains. Tractor maker Mahindra and Mahindra surged 4.43 per cent to Rs 989.40 after agreeing
to buy stake in Spanish auto major CIE Automotive.
The street was upbeat on the stock (M&M) after its auto component business made a deal with Spanish auto major
CIE. The company is in the process of merging its component businesses into one entity, said Nagji K. Rita,
Chairman & MD, Inventure Growth & Securities.
In 30-BSE index components, 23 stocks gained led by Reliance Industries, Infosys, Bajaj Auto, Bharti Airtel, BHEL,
Hero MotoCorp, Maruti Suzuki and Larsen and Toubro.
The Auto sector index gained the most by 1.90 per cent to 10,901.11 followed by capital goods index by 1.15 per cent to
9,422.81. Teck index rose by 1.09 per cent to 3,583.31 and consumer durable index by 1.02 per cent to 6,659.68.
Barring metal, all the sectoral indices closed with gains up to 1.90 per ent.
www.thehindu.com/business/markets/sensex-rises-148-points-mm-leads-gain/article4823250.ece?css=print

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Wall Street Rallies as Fed Worries Cool | Fox Business


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Pub lished June 17, 2013

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The markets zoomed higher on Monday, helping reverse last week's

Shar e

slump, as traders grew less anxious about when the Federal Reserve

0 Com m ents

will start paring back its bond purchases.

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Today's Markets
Tw eet

17

Shar e

As of 11:25 a.m. ET, the Dow Jones Industrial Average jumped 164
points, or 1.1%, to 15234, the S&P 500 rallied 16.8 points, or 1%, to

Fed-up Lincolns Lette r to FDA Approves First


Gen. McLellan
Weight-Loss Drug in a
Decade

1644 and the Nasdaq Composite climbed 40.7 points, or 1.2%, to


3465.
The S&P 500 shed 1% last week in volatile trading as market
participants obsessed over the Federal Reserve's strategy to exit its
vast bond-buying program. Expectations that the world's most
powerful central bank could begin slowing asset purchases in coming
months have roiled fixed income markets in a move that has
ricocheted into equities.
The Fed is expected to stay in the spotlight this week, with the central
bank kicking off a two-day meeting concluding on Wednesday.
"I expect next to no change in the FOMC statement," said Michael
Block, chief strategist at Rhino Trading Partners. "In the press
conference, (Fed Chairman Ben) Bernanke will play up how tapering
purchases down the road is not the same as raising rates, which is so

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Restored Cars

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City's Next Mov e?
4 Wall Street Rallies as Fed Worries Cool
5

Apple Reveals 5K Data Requests in 6 Months

far down the road that investors should not worry about it."
See all tr ends

Block pinned the move higher on Monday to investors preparing for


the meeting on Wednesday, along with a calming in fixed income and

Bus ines s Leader s

currency markets.
The yield on the 10-year Treasury bond fell 0.02-percentage point to
2.115% as traders bid up the asset. Elsewhere, U.S. oil prices
continued moving toward the $100 a barrel mark as tension heated
up in Syria. The benchmark contract recently climbed 41 cents, or

Exxon CEO: U.S. Losing Ground


in Natural Gas Exports

0.42%, to $98.25 a barrel. Wholesale New York Harbor gasoline was

How to Hir e the Right 2013 College Gr ad

flat at $2.897 a gallon. In metals, gold fell $4, or 0.29%, to $1,384 a

RBS CEO Hes ter to Step Dow n Later this Year

troy once.
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Wall Street Rallies as Fed Worries Cool | Fox Business

The economic calendar is fairly light on the day.

Mor e

The NAHB/Wells Fargo Housing Market index surged to 52 from 44 in

Financial Guaranty Insurance


Corporation

May, easily topping forecasts for 45. This is the first time the index
has been above 50 since April 2006, suggesting more homebuilders

A private insurer of interest and principal


payments on municipal bond issues. As with

view conditions as favorable than those who see them as poor for the

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

first time since the housing crisis.

In...

The New York Fed's regional manufacturing gauge surged to 7.8 in

Pow ered by

June from -1.4 the month prior, easily exceeding expectations of 0.

from Wall Street Words.

Reading above 0 point to expansion for the Empire State factory


sector, while those below indicate contraction.

MOST POPULAR STOCKS

Still, while the headline number was strong, economists noted many of
the sub-indices were less rosy: "The unexpected improvement in the
Empire State Index was not reflected in the details," Steven Ricchiuto,
chief economist at Mizuho Securities USA, wrote to clients. "Details

+1.82%
Today

AAPL

+0.60%

432.62

Today

11:51 AM

APPLE INC.

paint a much weaker picture than the headline."

BAC

Foreign Markets

GE

The Euro Stoxx 50 jumped 1.5% to 2706, the English FTSE 100

WLT

11:51 AM

+0.88%

BANK OF AMERI...

Today

Today

23.80
11:51 AM

-6.01%

WALTER ENERGY

13.18
11:52 AM

+1.19%

GENERAL ELECT...

advanced 0.75% to 6355 and the German DAX rallied 1.2% to 8228.

15.65

FORD MOTOR CO...

Today

11.40
11:52 AM

In Asia, the Japanese Nikkei 225 surged 2.7% to 13033 and the
Chinese Hang Seng zoomed 1.2% to 21226.
Follow Adam Samson on Twitter @adamsamson.
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Wall Street Rallies as Fed Worries Cool | Fox Business


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Wall Street Rallies as Fed Worries


Cool
The markets zoomed higher on
Monday, helping reverse last week's
slump, as traders grew less anxious
about when the Federal Reserve will
start paring back its bond purchases.

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Stocks trim gains - Jun. 17, 2013

Stocks trim gains


By Hibah Yousuf @CNNMoneyInvest June 17, 2013: 3:15 PM ET

Click the chart for more stock market data.u

NEW YORK (CNNMoney)

So much for a rally. U.S. stocks trimmed gains heading into the final hour of trading Monday, as investors wait for the Federal
Reserve to provide more clarity about when it may start cutting back on its bond-buying program.
Though it appears investors aren't worried about Fed chairman Ben Bernanke announcing any tapering this week, they are likely
to remain on edge until they hear more details about the Fed's future plan. (Fed not expected to taper until December)
After being up more than 1% earlier in the day, all three indexes were only slightly higher in late afternoon trading. The Dow
Jones industrial average and S&P 500 were up just 0.5%, while the Nasdaq was up 0.6%.
The Fed has dominated investor attention ever since Bernanke said last month that the central bank may start slowing its
stimulus program in "the next few meetings."
Those words sparked weeks of volatility, as investors attempted to discern what the Fed chief was trying to signal. The Fed's
bond buying program, known as quantitative easing, has been widely credited as the major factor driving stocks higher over the
last few years.
Click here for more on stocks, bonds, commodities and currencies

While worries about tapering are subsiding, investors will remain focused on this week's Fed policy meeting and Bernanke's
accompanying news conference Wednesday, said Kit Juckes of Societe Generale.
"The general expectation is that Ben Bernanke will calm fears of over-zealous tapering," Juckes said. "Still, the case for beginning
the process of letting some air out of the monetary bubble is pretty clear and surely the Fed will be wary of backing down too
easily."
The Fed will also updated its economic projections for 2013 to 2015.
Related: Fear & Greed Index slides back into extreme fear

In economic news, the New York Fed's survey of manufacturers came in stronger than expected. The general business
conditions index climbed to 7.8 in June, up sharply from -1.4 the previous month. A reading above zero indicates expansion in
the manufacturing sector.

money.cnn.com/2013/06/17/investing/stocks-markets/index.html?iid=HP_LN

1/3

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Stocks trim gains - Jun. 17, 2013

The National Association of Home Builders' index hit 52 in June, marking the first time the key measure of home builders'
confidence has been above 50 in seven years. A reading above 50 indicates that more builders say sales conditions are good
rather than poor.
In corporate news, Boeing ( BA, Fortune 500) shares rose to a new high after the company announced at the Paris Air Show
that the aircraft leasing arm of General Electric ( GE, Fortune 500) has committed to buy 10 of its new 787 Dreamliners. Shares
also got a boost after CEO James McNerney told CNBC he is "highly confident" that the battery problems with the 787
Dreamliner have been fixed.

Boeing's 787 nightmare is over


Netflix ( NFLX) shares led the gains in the S&P 500 and Nasdaq-100, after the company announced a deal with DreamWorks,
which will create original shows based on characters DreamWorks Animation's properties like Shrek, Madagascar and Kung Fu
Panda.
Facebook ( FB) shares were higher in anticipation of a media event on Thursday, though details are slim on what exactly the
social media giant will announce.
Shares of Kandi Technologies ( KNDI) soared as the electric vehicle maker moved forward with building new charging
stations -- the first step toward launching 5,000 to 10,000 electric vehicles in the next year or so.

First Published: June 17, 2013: 9:45 AM ET

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Stocks Roar Higher as All Eyes Turn to the Fed | Fox Business
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The markets zipped higher for the second day in a row Tuesday as

Shar e

traders grew optimistic ahead of the Fed's policy decision.

0 Com m ents
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Today's Markets

0
0

Shar e

The Dow Jones Industrial Average climbed 138 points, or 0.91%, to


15318, the S&P 500 gained 12.8 points, or 0.78%, to 1652 and the
Nasdaq Composite jumped 30.1 points, or 0.87%, to 3482.

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The markets kicked off the week on a high note, rallying amid hopes
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soon. The focus was expected to remain on the U.S. economy, with
the central bank starting its two-day policy-setting meeting and two
Bumpy Summer for
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Bus ines s Leader s

economic reports out.


The Fed's meeting concludes with a decision on Wednesday, and a
press conference from Chairman Ben Bernanke. Wall Street widely
expects the central bank to say it plans on continuing to buy $85 billion
in bonds a month. Although, any hint that the rate will be slowed down
is likely to be closely scrutinized, traders said ahead of the decision.

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Stocks Roar Higher as All Eyes Turn to the Fed | Fox Business

"Recent bouts of positive correlation between equities, bonds and


Mor e

commodities suggest that the Feds stimulus inflated prices of


financial assets, and removal of the stimulus could create a tail event

Financial Guaranty Insurance


Corporation

in which prices of most of assets could go down," a team of analysts


at J.P. Morgan Chase wrote to clients on Monday.

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

The Labor Department said inflation at the consumer level ticked up


expected. Excluding the food and energy components, prices were up

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
In...

0.2%, matching forecasts.

Pow ered by

0.1% in May, slightly less than the 0.2% increase economists

from Wall Street Words.

Meanwhile, the Commerce Department reported U.S. housing starts


increased 6.8% in May from April to an annualized 914,000-unit rate.
Housing permits decreased 3.1% for the month to an annualized rate
of 974,000 units.
Elsewhere, Deutsche Bank called an end to the "historic bull-run" in
commodity prices, saying prices "are likely to be in subdued territory
for years to come." Oil climbed 70 cents, or 0.72%, to $98.47 a
barrel. Wholesale New York Harbor gasoline advanced 0.9% to
$2.882 a gallon. In metals, gold dipped $15.60, or 1.1%, to $1,368 a
troy ounce.

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GE

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BAC

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XOM

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Today

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+0.45%
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+0.46%
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15.65
4:00 PM

431.77
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24.33
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91.93
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Foreign Markets
The Euro Stoxx 50 fell 0.12% to 2699, the English FTSE 100 climbed
0.73% to 6377 and the German DAX dipped 0.1% to 8208.
In Asia, the Japanese Nikkei 225 edged lower by 0.2% to 13007 and
the Chinese Hang Seng was flat at 21226.
Follow Adam Samson on Twitter @adamsamson.
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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
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Stocks rally as Fed looms large - Jun. 18, 2013

Stocks rally as Fed looms large


By Ben Rooney @CNNMoneyInvest June 18, 2013: 4:17 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks rose for a third day Tuesday after reports on inflation and new home construction eased fears the Federal Reserve is
about to slow the pace of its stimulus program.
The Dow Jones industrial average gained 138 points, or 0.9%. That marks the sixth day in a row that the Dow moved up or down
more than 100 points.
The S&P 500 edged up 0.8%, while the Nasdaq added 0.9%.
A report on consumer prices showed that inflation remains subdued, while a report on the housing market was mixed.
The data underscored the lackluster outlook for the economy and raised hopes the flow of cheap money from the Fed will
continue, said Bruce McCain, chief investment strategist at Key Private Bank.
"Ultimately, prices have to rest on the fundamentals," he said. "But for now the bulls are becoming a bit more emboldened." The
absence of inflation, he added, "gives the Fed plenty of room to keep the pedal to the floor."
Gold prices fell more than 1%, extending the metal's recent slide, on tepid inflation data and a stronger dollar.
Click here for data on bonds, commodities and currencies.

The Fed is not expected to announce any major change in policy at the end of it's latest two-day meeting, which started Tuesday.
But investors are hoping chairman Ben Bernanke will provide some clues about when the central bank could begin tapering the
pace of its bond purchases. Bernanke is set to speak at a news conference Wednesday afternoon.
"Some people think they're going to taper tomorrow," said Keith Springer, president of Springer Financial Advisors in
Sacramento, Calif. "I think there's zero chance that happens."
Springer said the Fed is more concerned about the threat of deflation, adding that central bankers could decide to boost the $85
billion per month bond-buying program if the economy takes a turn for the worse.
"If they reaffirm that it's not going to happen tomorrow, and that they're going to wait until the fall, I think the market will rally
to new highs," said Springer.

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Stocks rally as Fed looms large - Jun. 18, 2013

Related: Fear & Greed Index cowers in fear

Meanwhile, there was speculation about who will succeed Bernanke. In a PBS interview that aired late Monday, President
Obama told Charlie Rose that Bernanke has "already stayed a lot longer than he wanted, or he was supposed to."
Related: Fed not expected to taper until December

Sony ( SNE) shares climbed 3% after Dan Loeb's Third Point hedge fund increased its stake and is upping the pressure on the
company to agree a partial spin-off of its entertainment business.
Nokia ( NOK) shares rose after a report in the Financial Times raised speculation about a potential merger with China's Huawei.
Meanwhile, shares of BlackBerry ( BBRY) rose rose on rumors about a deal with Lenovo ( LNVGF)

SPAM gets slammed


Shares of Hormel (

HRL, Fortune 500) fell after the processed meat company lowered its earnings outlook for the year.

European markets ended mixed, while Asian markets were little changed.
The president of Cyprus has asked the European Union to renegotiate the terms of its $13 billion financial bailout, according to
the Financial Times.
Following a summit in Ireland, Obama and other leaders from the world's top 8 economic powers announced new measures to
curb tax evasion and money laundering.

First Published: June 18, 2013: 9:41 AM ET

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6/21/13

Sensex, rupee stage recovery - The Hindu

Business Markets
Published: June 21, 2013 16:36 IST | Updated: June 21, 2013 22:46 IST

Sensex, rupee stage recovery


Special Correspondent

Sensex crashed over 526 points in yesterdays trade, its biggest single-day fall in
nearly two years. Photo:AP

Equities inched up marginally on the hope that a fall in rupee value would be beneficial for information technology
(IT) companies. The rupee closed higher than its historical low as coprorates brought in dollars.
The Bombay Stock Exchange (BSE) 30-share sensitive index, Sensex, closed at 18774.24, a marginal gain of 54.95
points.
The marginal increase in indices on Friday was due to the rise in stocks of IT companies, which are export-oriented,
(1.43 per cent) followed by technology (1.11 per cent), automobiles (0.34 per cent), power (0.27 per cent) and oil and
gas (0.17 per cent).
Metal stocks lost the most with a drop of 1.45 per cent and realty 1.02 per cent.
On the National Stock Exchange (NSE), the Nifty closed higher by 11.75 points at 5667.65.
Foreign institutional investors (FIIs) were selling heavily in India and other emerging markets. The Indian markets
have absorbed $15 billion this year. However, the recent sell-off could be partially attributed to a possible risk off
trade. Investors are chasing the U.S. markets as economic indicators have shown a gradual improvement and point
towards a sustained recovery. Finally, selling in India could also be ascribed to rising treasury yields and continued
rupee depreciation, accelerated by selling in Indian debt markets, said Pankaj Pandey, Head Research, ICICIdirect.
The rupee recovered some losses on Friday against the dollar.
The Indian currency closed at 59.27/28 a dollar as compared to its previous close of 59.57/58. It fell to its historic low
of 59.98 intra-day on Thursday.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade, rupee value, Indian rupee, forex market
Printable v ersion | Jun 2 2 , 2 01 3 2 :05:56 AM | http://www.thehindu.com /business/m arkets/sensex-rupee-stage-recov ery /article4 83 7 2 52 .ece
The Hindu

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1/2

6/21/13

Don't panic! Selling now could hurt your retirement savings - Jun. 21, 2013

ASK THE EXPERT

Don't panic! Selling now could hurt your nest egg


By Melanie Hicken @melhicken June 21, 2013: 9:51 AM ET

Investing in the stock market is inherently volatile, but it's also the best way for retirement savers to build up nest eggs large enough to last decades.

NEW YORK (CNNMoney)

The stock market's meltdown may have taken a hit to your retirement savings, but fleeing the market now is one of the last
things you should do.
Thursday's sell-off, Wall Street's single worst day of the year, may have you thinking it's best to pull out of stocks and wait it out
in safer investments like bonds, money market funds or even cash. But financial advisers say not so fast: Staying the course is a
much smarter move.
Yes, investing in the stock market is inherently volatile, but it's also the best way for retirement savers to build up nest eggs
large enough to last decades. From the European debt crisis to changing Fed policy, there are always going to be events that
send stocks plunging, but reacting to those headlines is the wrong long-term strategy, said Stuart Ritter, a financial planner and
vice president at T. Rowe Price Investment Services.
Related: Ben Bernanke's power over your money

After all, retirement savings are built up over decades of investing and daily market fluctuations (even those as drastic as
Thursday's plunge) will ultimately be overshadowed by long-term market gains. So even though the Dow Jones Industrial
Average shed nearly 4% in the last two days, it still remains up nearly 13% year to date. The S&P 500 and Nasdaq are also up
more than 10% from last year.
"The action that may feel emotionally comforting is often the one that sabotages your financial goals in the long term," Ritter
said. "We've had situations like this one before. The people who prospered through the 2008 downturn are the people who did
not react to the daily gyrations of the market."
Related: Stop panicking, ignore the Fed!

Indeed, a recent study by Fidelity Investments found that 401(k) investors who continually invested over the last 10 years saw
their average account balances grow by an average annual increase of nearly 17% from $46,000 in 2003 to more than $200,000
in the first quarter of this year. While helped by added contributions, the balances were also boosted by the stock market
rebound, said John Sweeney, executive vice president of retirement and investing strategies for Fidelity.
In addition, many retirement accounts are invested in a mix of assets based on your age, which means that the effects on your

money.cnn.com/2013/06/21/pf/expert/market-selling/index.html?iid=HP_LN

1/2

6/21/13

Don't panic! Selling now could hurt your retirement savings - Jun. 21, 2013

portfolio may look different from the headlines.


Either way, pulling out of the market now will hurt, rather than help, your retirement savings since you will be selling your
investments at a low.
"You've already experienced today's downturn. Getting out now doesn't change it," Ritter said. "If you lock in the losses, you're
making it permanent. "

First Published: June 21, 2013: 6:06 AM ET

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6/21/13

Wall Street Takes a Breather After QE-Induced Rout | Fox Business


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By Adam Samson / Pub lished June 21, 2013 / FOXBusiness

Em ail

The markets hovered in a tight range on Friday after a steep, two-day

Shar e

selloff as traders continued mulling what the Federal Reserve's exit

0 Com m ents

strategy might look like.

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Aw ay From Operating
Room

As of 3:15 p.m. ET, Dow Jones Industrial Average rose 91.5 points,
or 0.62%, to 14849, S&P 500 gained 9.1 points, or 0.57%, to 1598
and Nasdaq Composite slumped 4.5 points, or 0.13%, to 3360.

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Markets were mixed internally on the day. Technology stocks


performed the worst by far, followed by financials, materials and
energy stocks. Defensive sectors like consumer staples, utilities and
telecommunications performed the best.
Investing has not been for the faint of heart of late. The markets have
gyrated in recent weeks as traders have tried to make sense of
signals from the Federal Reserve on when it will halt its vast assetbuying program.
Chairman Ben Bernanke thoroughly spooked many market

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Ex pected
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plummeting 3.9% over the two-day span -- pushing down year-to-date


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gains slightly south of 12%.

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The sometimes intense fluctuations have launched the CBOE's VIX -seen as Wall Street's fear gauge -- up to a fresh 2013 high above the
20 mark.
"The recent spike in volatility associated with the stock sell off could
lead to some hope of a rapid index turnaround that simply may not
occur," Tobias Levkovich, Citigroup's chief equity strategist warned
the bank's clients.

www.foxbusiness.com/markets/2013/06/21/wall-street-set-to-rebound-from-two-day-rout/

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A Gr eat Job Mar k et for Gr ow ing Com panies
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Wall Street Takes a Breather After QE-Induced Rout | Fox Business


Mor e

"Factors such as tapering, international economic disappointments


and challenges for a quicker anticipated equity market leadership

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Corporation

shift into global cyclicals suggest that the environment may not be that
conducive for a new rally effort quite yet."

A private insurer of interest and principal


payments on municipal bond issues. As with

Still, many analysts remain hopeful that the Fed will be able to begin

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

its exit from easy-money policies delicately enough that it won't send
the markets into a tailspin. In fact Deutsche Bank issued a note to

In...

clients on Friday saying the move may cause some fluctuations

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across many types of assets, but is likely to remain "contained"


overall. But the bank still cautioned that a "disorderly" exit remains its
main downside risk in the coming year.

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Also on the central bank front, St. Louis Fed President James Bullard,
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asset since October 2011. Oil prices slipped 26 cents, or 0.27%, to


$94.88 a barrel. Wholesale New York Harbor gasoline ticked up 0.6%
to $2.804 a gallon.
Gold, which nose dived 6.4% on Thursday, rose by $7.40, or 0.57%,
to $1,293.60 a troy ounce.
In corporate news, Oracle (ORCL ) shares were under pressure after
the software giant revealed profits that matched Wall Street's
expectations, but tepid sales figures. The company also said it would
move to remove its stock from Nasdaq OMX Group's (NDAQ)
Nasdaq Stock Market and re-list it on NYSE Euronext's (NYX) New
York Stock Exchange.
There are no major economic releases on the calendar.
Foreign Markets
The Euro Stoxx 50 climbed 0.49% to 2599, the English FTSE 100
rallied 0.9% to 6215 and the German DAX ticked up 0.21% to 7945.
In Asia, the Japanese Nikkei 225 surged 1.7% to 13230 and the
Chinese Hang Seng dipped 0.59% to 20263.
Follow Adam Samson on Twitter @adamsamson.
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6/21/13

Wall Street Takes a Breather After QE-Induced Rout | Fox Business

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6/25/13

Stocks rebound as U.S. economy firms - Jun. 25, 2013

Stocks rebound as U.S. economy firms


By Ben Rooney @CNNMoneyInvest June 25, 2013: 4:24 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Wall Street bounced back Tuesday as signs of strength in the U.S. economy overshadowed concerns about China's credit
problems.
The Dow Jones industrial average rose 101 points, or 0.7%. The S&P 500 gained 0.9% and the Nasdaq added 0.8%.
After suffering heavy losses in the past few days, investors were encouraged by a string of upbeat economic reports.
"The economic fundamentals continue to march forward at a moderate pace," said Doug Cote, chief market strategist at ING
Investment Management. "That's all the market needs right now."
Click here for more on stocks, bonds, commodities and currencies

Housing is hot, consumers are confident. The S&P/Case-Shiller home price index rose 12.1% in April, compared with a year
earlier, for the 20 top real estate markets across the nation. It was the biggest annual jump in prices in seven years and the 2.5%
increase from March was the biggest one-month rise in the 12-year history of the index.
In more good news for housing, homebuilder Lennar Corp. ( LEN ) reported sales and earnings that topped forecasts. CEO
Stuart Miller said Lennar's results "point to a solid housing recovery." New orders rose 27% in the quarter. Lennar shares held
gains, but were off earlier highs.
New home sales also topped estimates, rising 2% in May to a seasonally adjusted rate of 476,000 units, the Commerce
Department said.
A report on durable goods also came in better than expected. Meanwhile, a measure of consumer confidence rose to its highest
level since January 2008.
Consumers have been encouraged by improvement in the job market, said the Conference Board. But the index does not reflect
the recent market turmoil, which could put a damper on consumers' moods in July, according to Capital Economics.
Investors still jittery. Stocks are rebounding from steep losses Monday that were driven by continued uncertainty about
China's banking system and when the Federal Reserve will ease its stimulus.
Related: Stock sell-off is 'taper tantrum'

money.cnn.com/2013/06/25/investing/stocks-markets/index.html?iid=Lead

1/3

6/25/13

Stocks rebound as U.S. economy firms - Jun. 25, 2013

That double whammy has caused volatility to spike.


So far this month, the CBOE Market Volatility Index (
extreme fear.

VIX) has risen 25%. And CNNMoney's Fear & Greed Index is deep in

"Volatility is very pronounced," Carter Worth, chief market technician at Oppenheimer, told CNNMoney in an interview. Earlier
he sent around an amusing note that simply said "We have no new thoughts. Sell."
"If this kind of volatility is taking place, there is a change in the wind. That doesn't mean we are going to see a bear market or a
crash, but upside is limited and downside is unknown, but very real," he told CNNMoney.
Related: Bonds in the bargain bin

Comments attributed to a People's Bank of China official helped ease some jitters in China's stock markets Tuesday. The official
reportedly said the bank will keep interest rates in check, and that seasonal forces that have driven them higher recently will
fade.
Following his comments, the Shanghai Composite, which was down as much as 5.6%, recovered to close just 0.2% lower. (Check
other world markets)
Mixed bag of earnings. Shares of Walgreen (
revenue forecasts.

WAG, Fortune 500) sank nearly 6% after the drugstore chain missed earnings and

Walgreen plunges on unhealthy earnings


Barnes & Noble ( BKS, Fortune 500) shares plunged after the bookseller said it will stop making the Nook in-house and will
partner with a third party to manufacture the eReading device. Sales in the Nook segment fell 34% in the quarter to $108
million.
Carnival ( CCL) said earnings fell 55% to 9 cents per share in the second quarter. The beleaguered cruise ship operator warned
in May that earnings would suffer this year due to price cuts following the Carnival Triumph mishap. But the drop in earnings
was not as bad as some had feared, sending Carnival's stock higher.
After the market closed, Smith & Wesson ( SWHC) reported record sales and profits for the fourth quarter. The gunmaker also
boosted its outlook for the current quarter and year.
CEO James Debney said increased production and "continued robust consumer demand for firearms," helped lift sales of the
company's M&P line, which includes assault rifles.

First Published: June 25, 2013: 9:41 AM ET

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Stocks rebound as U.S. economy firms - Jun. 25, 2013

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6/25/13

Wall Street Zips Higher Amid Economic Optimism | Fox Business


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Wall Street Zips Higher Amid Economic Optimism | Fox Business

"It seems that the rush for the exits has come to a halt for now, but, like
the proverbial parrot, this bout of risk aversion may not be dead, but

Mor e

just resting," said Rupert Osborne, a futures dealer at IG in London. "It


is still a struggle to work out the real outlook for markets, since the

Financial Guaranty Insurance


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dust kicked up by last weeks Fed meeting will take weeks to settle."

A private insurer of interest and principal


payments on municipal bond issues. As with

Commentary suggesting central bankers won't be ending the easy-

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

money policies too soon helped sooth investors' nerves on the day. In
particular, The Wall Street Journal reported a People's Bank of

In...

China official as saying the country's central bank will guide interest

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rates in a "reasonable range."


Several Fed members also suggested asset purchases won't be
ending too soon.
Several economic reports also helped lighten Wall Street's mood.
The Commerce Department said orders for long-lasting goods
jumped 3.6% in May from April, topping expectations of a 3% gain.
Excluding the transportation segment, orders rose 0.7% compared to
expectations it would hold steady.

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The S&P/Case-Shiller report showed home prices in 20 major U.S.


metropolitan areas climbed 2.5% in April from March, on a non-

from Wall Street Words.

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seasonally adjusted basis, topping expectations of a 1.1% gain.


Prices were up 12.1% from the year prior, beating forecasts of a
10.6% jump.
The report is a lagging indicator but is seen as a critical gauge of
activity in the U.S. housing sector.
Another important housing report slated for release at 10:00 a.m. ET
is expected to show sales of new, single-family homes having
increased to an annual pace of 462,000 units in May from 454,000
the month before.
A separate report from Commerce showed sales of new, singlefamily homes rose 2.1% in May from April to an annual rate of
476,000 units. Wall Street expected sales to come in at an annual
rate of 462,000 units. The reading was the highest since July 2008.
Meanwhile, the Conference Board's gauge of consumer confidence
rose to 81.4 in June from 74.3 in May beating estimates of 75.4.
On the corporate front, Walgreen (WAG) revealed quarterly profits
and sales that missed Wall Street's expectations. Lennar (LEN), the
homebuilder, posted results that topped analysts' forecasts.

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2/4

6/25/13

Wall Street Zips Higher Amid Economic Optimism | Fox Business

Meanwhile, Google (GOOG) was dealt a victory, with an adviser to


the European Union's top court saying the search giant doesn't need
to remove sensitive results from its search engine.
Commodities were broadly higher. Gold climbed $8.10, or 0.63%, to
$1,285 a troy ounce. Oil was up 46 cents, or 0.49%, to $95.65 a
barrel. Wholesale New York Harbor gasoline climbed 0.49% to
$2.751 a gallon. In Treasury markets, the benchmark 10-year yield fell
0.034 percentage point to 2.505%.
Foreign Markets
The Euro Stoxx 50 rallied 1.4% to 2545, the English FTSE 100
jumped 0.93% to 6085 and the German DAX soared 1.6% to 6085.
In Asia, the Japanese Nikkei 225 slumped 0.72% to 12969 and the
Chinese Hang Seng edged up 0.21% to 19856.

Follow Adam Samson on Twitter @adamsamson.


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Wall Street Zips Higher Amid Economic Optimism | Fox Business


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Long

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6/26/13

Wall Street Rallies for Second-Straight Day | Fox Business


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Pr int
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The markets zoomed higher for the second day in a row as traders

Shar e

grew more confident that the Fed will continue its bond-buying

0 Com m ents

program for some time to come.

Like

37

Today's Markets
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The Dow Jones Industrial Average jumped 150 points, or 1%, to

Shar e

14910, the S&P 500 gained 15.2 points, or 0.96%, to 1603 and the
Nasdaq Composite climbed 28.3 points, or 0.85%. to 3376.
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1 Clim ate Push Spe lls More


Trouble For Coal
2 DOMA Ruling To Impact Gov't
Spending
3 Wall Street Rallies for SecondStraight Day
4 Wall Street Rallies for Second Day
5

GIS

48.10

GENERAL MILL...

-0.23

Wall Street is getting its mojo back. At least for now.


After a brutal week, and a tough session on Monday, the markets
posted big gains Tuesday and Wednesday.

DOMA Decision Could Bring in More Federal


Revenues
See all tr ends

Bus ines s Leader s

"While momentum could see the sell-off intensify in the near term, the
pull-back should provide attractive entry points for risk assets," David
Folkerts-Landau, chief economist at Deutsche Bank wrote to clients.
"We continue to see long-term upside for equities as the global
recovery gains momentum and expect the S&P 500 could be 25%
higher by end-2015."

Premium Dog Food Takes a Bite


Out of Pet Market
Obam a: Keys tone Decis ion Hinges on
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Wall Street Rallies for Second-Straight Day | Fox Business

On the economic front, the Commerce Department said the U.S.


Mor e

economy grew at an annualized rate of 1.8% in the first quarter, down


from a previous estimate of 2.4%. Economists expected the economy
to expand at a rate of 2.4% in the first three months of the year.

Financial Guaranty Insurance


Corporation

Market participants also paid close attention to public comments from

A private insurer of interest and principal


payments on municipal bond issues. As with

Richmond Federal Reserve President Jeffrey Lacker. Lacker said the

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

central bank is not "anywhere near" paring back its vast bond-buying
program, according to news reports.

In...
Pow ered by

from Wall Street Words.

Elsewhere, gold prices tumbled to their lowest level since August


2010. The benchmark contract skidded lower by $45.30, or 3.6%, o
MOST POPULAR STOCKS

$1,230 a troy ounce.


"Despite the recent calm in sentiment, price action in gold ... provides
a tangible signal that Fed tapering concerns persist," analysts at
Nomura wrote to clients.
Oil rose 18 cents, or 0.19%, to $95.50 a barrel. Wholesale New York
Habor gasoline dipped 0.25% to $2.731 a gallon.

AAPL

APPLE INC.

+2.14%
Today

SWHC

-2.10%

SMITH & WESSO...

BANK OF AMERI...

matched expectations, but a full-year outlook that missed the Street's

Today

FORD MOTOR CO...

BAC

In corporate news, General Mills (GIS) posted quarterly profits that

-1.13%

GE

GENERAL ELECT...

Today

+0.71%
Today

+0.61%
Today

398.07
4:00 PM

15.29
4:00 PM

9.78
4:00 PM

12.76
4:01 PM

23.25
4:00 PM

expectations.
Foreign Markets
The Euro Stoxx 50 rallied 2.2% to 2600, the English FTSE 100
jumped 1% to 6165 and the German DAX climbed 1.7% to 7942.
In Asia, the Japanese Nikkei 225 sold off by 1% to 12834, and the
Chinese Hang Seng soared 2.4% to 20339.

Follow Adam Samson on Twitter @adamsamson.


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Wall Street Rallies for Second-Straight Day | Fox Business


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3/3

6/26/13

Stocks rally after weak GDP - Jun. 26, 2013

Stocks rally after weak GDP


By Hibah Yousuf @CNNMoneyInvest June 26, 2013: 4:26 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Bad news is good news?


U.S. stocks rose sharply Wednesday as investors bet the weak GDP reading would keep the Fed's stimulus going.
The Dow Jones industrial average jumped 150 points, or 1%. The Nasdaq gained 0.9%, while the S&P 500 jumped 1%.
Markets have been volatile lately, driven largely by fears that the Federal Reserve could begin to ease its stimulus measures by
the end of the year. (Investors yank record $62 billion from bonds)
But those fears took a backseat following the Commerce Department's worse-than-expected report on first-quarter gross
domestic product, which showed the economy grew just 1.8% during the first quarter. The prior estimate showed an annual
increase of 2.4%, and economists were expecting that figure to hold.
Click here for more on stocks, bonds, commodities and currencies

"There is a clear disconnect from what the Fed is reviewing and Main Street is living," said Todd Schoenberger, managing
partner at LandColt Capital, in a client note. "The pathetic part of it all is Wall Street will see this as good news as stocks will
most likely rally on hopes of an extended period for more bond buying."
Related: The Fed may kill bank stocks

Gold slumps: Gold prices fell more than 4% to to a 34-month low of $1,223.20 an ounce, before trimming some of those losses.
Gold has been dragged down by the market rout that accompanied Fed chairman Ben Bernanke's comments last week about
potentially pulling back on bond buying later this year.
Gold mining companies Randgold Resources (
( GLD) ETF fell 4%.

GOLD) and Barrick Gold (

ABX)fell 5% and 8%. The SPDR Gold Shares Trust

Related: Fear & Greed Index continues to show extreme greed

What's moving: Shares of Smith & Wesson (


ramp up manufacturing.

SWHC) declined even after the gunmaker reported record sales and vowed to

money.cnn.com/2013/06/26/investing/stocks-markets/index.html?iid=HP_LN

1/2

6/26/13

Stocks rally after weak GDP - Jun. 26, 2013

General Mills (
for the year.

GIS, Fortune 500) slipped after the food company reported earnings in line with forecasts but a weak guidance

Shares of Apollo Group (


quarterly profits.
Monsanto (

APOL), which owns for-profit University of Phoenix, slid after the company reporting disappointing

MON, Fortune 500) reported better-than-expected earnings and reiterated its outlook, and shares turned higher.

Can Pandora top Sirius XM?


Pandora (

P) shares gained ground after analysts at Cowen and Co. upgraded the company's shares to outperform.

First Published: June 26, 2013: 9:57 AM ET

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2/2

6/27/13

Sensex hits 1 week high, up 324 points - The Hindu

Business
Published: June 27, 2013 17:12 IST | Updated: June 27, 2013 17:21 IST

Sensex hits 1 week high, up 324 points


PTI

The BSE Sensex closed at a nearly one-week high as funds resumed buying.

PTI

The BSE benchmark Sensex on Thursday rose by a massive 323.83 points to close at nearly one-week high led by gains
in energy sector bluechips ONGC and RIL stocks, as funds resumed buying after Rupee recovered sharply on lowerthan-expected current account deficit numbers.
The 30-share index commenced the days trade on a firm note at 18,753,48 and rose further by 323.83 points, or 1.75
per cent to close at 18,875.95. This is its highest closing level since 18,774.24 on June 21, 2013.
Similarly, the wide-based National Stock Exchange index Nifty gained 93.65 points, or 1.68 per cent, to close at
5,682.35. The SX40 index, the flagship index of MCX-SX, closed 170.48 points, or 1.54 per cent higher at 11,219.19.
Brokers said the current-account deficit (CAD), which is the difference between the outflow and inflow of foreign
currency, moderated sharply to 3.6 per cent of GDP in the last quarter of 2012-13 fiscal, bolstered the trading
sentiment.
This also led to the Rupee bouncing back from its record lows of 60.72 against the dollar to 60.24 intra-day.
Buying activity further gathered momentum as investors indulged in covering up their pending short positions on
current month settlement in the derivatives segment, and a firming global trend, they added.
A firming trend in the Asian region and higher opening in Europe as slower-than-estimated U.S. economic growth
stoked speculation the Federal Reserve may hold back from reducing stimulus, further supported the uptrend.
Out of the 30 BSE index components, 20 stocks closed with gains led by ONGC gaining 4.14 per cent to Rs. 320.55.
Reliance Industries surged by 3.48 per cent to Rs. 830.45 and Infosys by 3.31 per cent to Rs. 2,476.95. These two carry
the most weight in Sensex.
Sectorally, the oil and gas sector index gained the most by 3.22 per cent to 8,610.65, followed by IT index rising 3.15
per cent to 6,208.70.
www.thehindu.com/business/sensex-hits-1-week-high-up-324-points/article4856762.ece?homepage=true&css=print

1/2

6/27/13

Stocks rally on dovish Fed speak - Jun. 27, 2013

ads not by this site

The bulls are back on Wall Street


By Ben Rooney @CNNMoneyInvest June 27, 2013: 4:25 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks rallied for a third day Thursday, as investors shook off concerns about waning central bank stimulus.
It was another triple-digit gain for the Dow Jones industrial average, which rose 114 points, or 0.8%. That brings the Dow's
three-day point total to 364.
The S&P 500 gained 0.6% and the Nasdaq rose 0.8%. (Click here for more market data)
Investors cheered comments from New York Federal Reserve Bank president William Dudley, who downplayed concerns that
the central bank was moving quickly to rein in its stimulus measures.
Dudley stressed that any change in the Fed's bond buying program would depend on how the economy performs, adding that it
could step up the pace if necessary.
Related: Tapering this year is no sure thing

Fed governor Jerome Powell, who is a voting member of the policy committee, echoed those remarks.
The potential for more conservative central bank policies has caused wild swings in global markets for stocks, bonds,
commodities and currencies.
But the recent sell-off was an "overreaction" and investors should take the opportunity to buy stocks at a discount, said Scott
Wren, senior equity strategist at Wells Fargo Advisors.
"While the correction has not been large, only about 7% from the mid-May record high, it still warrants putting money to work,"
he said.
U.S. Treasury yields edged lower Thursday, but remain at elevated levels. Investors have been selling bonds, and sending yields
higher, in anticipation of an eventual decrease in the Fed's buying.
Related: Pimco's Gross: Treasuries aren't the Titanic

Mortgage rates, which are linked to the yield on 10-year Treasuries, have shot higher. Freddie Mac said 30-year mortgage rates

money.cnn.com/2013/06/27/investing/stocks-markets/index.html?iid=HP_LN

1/3

6/27/13

Stocks rally on dovish Fed speak - Jun. 27, 2013

surged to 4.46% this week, the biggest weekly jump in 26 years.


Gold sell-off: Gold prices have been under pressure this month as investors worry about the Fed's tapering plans. Prices are
down 13% this month and briefly dipped below $1,200 for the first time since mid-August 2010.

Gold bugs getting whacked


The precious metal has fallen out of favor with investors as inflation expectations have come down significantly. Traders said
tight credit in China and weak jewelery demand in India are also weighing on gold prices.
Economy still growing: The latest data suggest the U.S. economy is on track for modest growth.
The Labor Department said Initial claims for unemployment benefits fell 9,000 to 346,000 in the week ended June 22.
Separately, Americans' personal income rose 0.5% in May, while spending increased 0.3%, according to the Commerce
Department.
What's moving: ConAgra Foods ( CAG, Fortune 500) shares rose after the company said it swung to a profit in is fiscal fourth
quarter. KB Home ( KBH) said losses narrowed in the second quarter.
Paycheck Inc. (

PAYX), a provider of back office services, said profits were flat in the company's fourth quarter.

Shares of DirectTV ( DTV, Fortune 500) fell after the company disclosed a pre-tax charge of $25 million due to misreporting of
subscribers in its Latin American business.
Shares of Clearwire ( CLWR) fell after the Dish Network ( DISH, Fortune 500) pulled its bid, just days after Clearwire
recommended its shareholders back an offer from Sprint ( S, Fortune 500).
Related: Fear & Greed Index dwelling in fear

European markets made solid gains. Asian markets ended mixed.


Australia's ASX All Ordinaries index shot up by nearly 2% Thursday as Kevin Rudd returned as prime minister, three years after
being replaced in the office by his then-deputy Julia Gillard.
Investors are hoping this changing of the guards will result in more tax concessions for miners, said Mike van Dulken, head of
research at Accendo Markets.

First Published: June 27, 2013: 9:44 AM ET

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6/27/13

Bull Charge: Wall Street Adds Third Day to Winning Streak | Fox Business
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gains to north of 13%.


The focus was expected to remain on the American economy on the
day, with several important economic reports slated for release.

Zillow CEO: Don't Get Caught Up


in Risk of Change
Pr em ium Dog Food Tak es a Bite Out of Pet
Mar k et

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6/27/13

Bull Charge: Wall Street Adds Third Day to Winning Streak | Fox Business
Obam a: Keys tone Decis ion Hinges on
Envir onm ent

The Labor Department reported weekly jobless claims fell to 346,000


from an upwardly revised 355,00 the week prior. Claims were
expected to fall to 345,000 from an initially reported 354,000.

Mor e

The Commerce Department said consumer spending rose 0.3% in


climbed 0.5%, more than the 0.2% Wall Street expected.

Financial Guaranty Insurance


Corporation

Meanwhile, the National Association of Realtors said signed

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

May from April, matching economists estimates. Personal income

contracts to buy previously owned homes jumped 6.7% in May, far

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
In...

higher than the 1% increase expected. The increase brought pending


home sales to the highest since December of 2006. The gauge was

Pow ered by

up 12.1% from the same month in the year prior.


On the corporate front, ConAgra Foods (CAG) posted fiscal fourthquarter profits that narrowly beat analysts' estimates, but sales that
were slightly shy. Dish Network (DISH) left the bidding war over
Clearwire (CLWR).

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advanced 31 cents, or 0.3%, to $95.79 a barrel. Wholesale New York


Harbor gasoline was flat at $2.73 a gallon. Gold gained $2.70, or
0.24%, to $1,233 a troy ounce.

Today

AAPL

-1.08%

BAC

BANK OF AMERI...

GOLD

RANDGOLD RESO...

GE

Foreign Markets

+2.35%

FORD MOTOR CO...

APPLE INC.

Commodity markets were calm. The benchmark U.S. oil contract

from Wall Street Words.

GENERAL ELECT...

Today

+1.96%
Today

+2.58%
Today

+0.30%
Today

15.65
4:00 PM

393.78
4:00 PM

13.01
4:00 PM

62.04
4:00 PM

23.32
4:00 PM

The Euro Stoxx 50 fell 0.26% to 2596, the English FTSE 100 rose
0.17% to 6176 and the German DAX dipped 0.05% to 7937.
In Asia, the Japanese Nikkei 225 surged 3% to 13214 and the
Chinese Hang Seng edged up 0.5% to 20440.
Follow Adam Samson on Twitter @adamsamson.
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6/29/13

Sensex vaults 520 points - The Hindu

Business Markets
Published: June 28, 2013 10:11 IST | Updated: June 28, 2013 23:02 IST

Sensex vaults 520 points


Special Correspondent

The BSE benchmark Sensex on Friday regained the 19,000 level by spurting 293 points in early trade. File photo

PTI

Stocks rally on upward pricing of natural gas and global cues

Stock indices surged on Friday by more than 2 per cent following global cues and upward pricing of natural gas by the
government from April 1, 2014. The rally in equities was also accelerated by a stronger rupee, which settled back
above the 60-mark against the dollar.
The Bombay Stock Exchange (BSE) 30-share sensitive index, Sensex, zoomed 519.86 points or 2.75 per cent to
19395.81. The rally was led by metal stocks which gained 4.70 per cent followed by power 4.15 per cent, capital goods
4.03 per cent, PSUs 3.52 per cent, oil and gas 3.37 per cent, banks 3.18 per cent, automobile 3.11 per cent and realty
3.04 per cent. All sectoral indices ended in the positive territory.
Among the broad-based indices, BSE 100 surged by 2.52 per cent, BSE 200 by 2.51 per cent and BSE 500 by 2.45 per
cent.
The BSE mid-cap and small-cap stocks too gained by 2.26 per cent and 1.37 per cent, respectively.
On the National Stock Exchange (NSE), a broader 50-share Nifty closed at 5842.20 with a gain of 159.85 points or
2.81 per cent.
The markets opened with a positive note tracking global cues. The declining Current Account Deficit (CAD) and the
government approval of C. Rangarajan Committee report on gas price hike also helped the heavy weight stocks such
as , Reliance Industries and ONGC to outperform, which helped the Nifty to breach the 5800 level, said Alex
Mathews, Head Research, Geojit BNP Paribas Financial Services Ltd.
There were short positions which were rolled over from June to July also got triggered today [Friday], especially Nifty
futures, which saw heavy short covering above 5800, Mr. Mathews added. Other than oil and oil exploration stocks,
Mr. Mathews said that tea stocks jumped on tea price hike and the fertiliser stocks rose after the governments
proposal to increase the subsidy.
The European markets were seen paring their profits despite strong Japanese industrial production data. The U.S.
index futures were trading higher.
Rupee gains 80 paise
The rupee gained in the foreign exchange market on Friday following governments move to raise gas prices for the
www.thehindu.com/business/markets/sensex-vaults-520-points/article4859578.ece?css=print

1/2

6/29/13

Sensex vaults 520 points - The Hindu

first time in three years, boosting sentiment.


The rupee closed higher as it regained 1.4 per cent at 59.38/39 a dollar compared with its previous close of 60.18/19
on Thursday. It rose to an intra-day high of 59.20.
Further reforms that are in the pipeline include a review of FDI (foreign direct investment) limits across sectors, with
a possible increase in the limits on telecom, and possibly, defence sectors. Legislative reforms such as the land
acquisition bill may be taken up during the monsoon session of Parliament.
While none of these reforms will lead to a quick turnaround in the economy and external risks remain, the
government is moving in the right direction, said Sonal Varma Economist, Nomura Financial Advisory and
Securities (India) Private Ltd.
Gas and power price hikes will increase the cost for consumers , while easing the burden for producers and
encouraging increased supply (positive for investment), a rebalancing that is long overdue in India. As we had
anticipated, the weak currency is acting as a blessing in disguise, as it will prevent the government from engaging in
pre-election populism and encourage it to continue with supply-side reforms, said Mr. Varma.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
Printable v ersion | Jun 2 9 , 2 01 3 6:3 5:4 8 PM | http://www.thehindu.com /business/m arkets/sensex-v aults-52 0-points/article4 859 57 8.ece
The Hindu

www.thehindu.com/business/markets/sensex-vaults-520-points/article4859578.ece?css=print

2/2

7/1/13

Sensex zooms to 1-month high, up 182 pts - The Hindu

Business Markets
Published: July 1, 2013 16:44 IST | Updated: July 1, 2013 16:54 IST

Sensex zooms to 1-month high, up 182 pts


PTI

Extending its rally for the third straight session, the BSE benchmark Sensex on Monday rose by 181.58 points to close
at nearly one month high, led by gains in blue chips, including RIL, L&T and Maruti, amid higher foreign fund
inflows.
The 30-share index commenced on a firm note at 19,456 and rose further by 181.58 points, or 0.94 per cent, to
19,577.39.
This is Sensexs highest close since 19,610.48 on June 3. Similarly, the wide based National Stock Index, Nifty, closed
56.65 points, or 0.97 per cent higher at 5,898.85.
Also, SX40 index, the flagship index of MCX-SX, rose by 126.46 points, or 1.10 per cent, at 11,620.81.
Brokers said energy stocks, led by heavyweight Reliance Industries, rose smartly after the government agreed to raise
natural-gas prices as part of economic policy overhaul to revive growth.
They said foreign funds snapped a 13-day long selling streak and turned net buyers in the last two sessions, which
helped the market to rise. Foreign institutional investors pumped in Rs.1, 124.31 crore into local equities on Friday, as
per BSE provisional data.
Out of the 30 BSE shares, 24 shares ended with gains led by Maruti Suzuki rising 4.37 per cent to Rs. 1,605.25.
Other major gainers were RIL, which closed 2.43 per cent higher at Rs. 882.80 and Larsen and Toubro up 3.26 per
cent at Rs. 1,449.95. Tata Power rose by 2.73 per cent to Rs. 88.40 after the company raised its tariff and NTPC
jumped up by 2.78 per cent to Rs. 147.70.
Sectorally, the realty sector index gained the most by surging 5.26 per cent to 1,590.67 followed by power index by
2.77 per cent to 1,667.53.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade/closing trade
Printable v ersion | Jul 1 , 2 01 3 8:56 :4 3 PM | http://www.thehindu.com /business/m arkets/sensex-zoom s-to-1 m onth-high-up-1 82 -pts/article4 86 9 52 4 .ece
The Hindu

www.thehindu.com/business/markets/sensex-zooms-to-1month-high-up-182-pts/article4869524.ece?css=print

1/1

7/1/13

Wall Street Rallies in 3Q Opener | Fox Business


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Wall Street Rallies in 3Q Opener | Fox Business


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Stocks hold gains, but rally fades - Jul. 1, 2013

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Stocks kick off second half with gains


By Ben Rooney @CNNMoneyInvest July 1, 2013: 4:29 PM ET

Click for more market data.

NEW YORK (CNNMoney)

U.S. stocks kicked off the second half of 2013 with gains, although the major indexes ended Monday well below the highs of the
day.
The Dow Jones industrial average rose points 65 points, or 0.4%. The index had been up more than 170 points earlier in the day.
(See what's moving the Dow 30.)
The S&P 500 gained 0.5% and the Nasdaq rose 0.9%.
The advance came after a key index of manufacturing activity in June signaled expansion, while government data showed a rise
in construction spending in May.
The reports were consistent with a gradually improving economy, but not strong enough to raise concerns about the Federal
Reserve reducing its stimulus policies.
Stocks turned volatile last month as investors grappled with concerns about when the U.S. central bank will begin tapering its
$85 billion-per-month bond buying program.
Despite falling about 1% in June, the major indexes gained between 2% and 5% in the second quarter.
A weak reading on U.S. GDP and dovish comments from Fed officials last week "seemed to settle the markets down and reverse
some of the obvious overreaction," said Randy Frederick of the Schwab Center for Financial Research.
However, he said stocks will remain volatile as investors continue to weigh the implications of higher interest rates on the
economy.
Related: Fear & Greed Index shows investors still on edge

The holiday-shortened week ahead brings a number of top-tier ecnomic numbers, including Friday's all-important monthly
report on hiring and unemployment. U.S. markets will be closed Thursday for Independence Day.
Geopolitics could also be a headwind. Egyptian president Mohamed Morsy was under pressure to restructure his government
after the nation's military backed anti-government protesters in Cairo's Tahrir Square.

money.cnn.com/2013/07/01/investing/stocks-markets/index.html?iid=HP_LN

1/3

7/1/13

Stocks hold gains, but rally fades - Jul. 1, 2013

Click here for more on stocks, bonds, commodities and currencies


Rally back on track: Overall, the stock market has been on a tear this year.
The S&P 500 is up more than 12% in the first half, compared with an average gain of about 4% for every first half going back to
1945, according to Sam Stovall, chief equity strategist at S&P Capital IQ.
If history is any guide, the next six months should also be strong.
In years when the S&P 500 fell in the first half, the second half also tends to be sub-par. But in years when the index rose in the
first half, it gained an average 5.4% during the second half, according to Stovall's calculations.
"History says the momentum is likely to continue," said Stovall.

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What's moving: Shares of Zynga ( ZNGA) rose nearly 11% for the day and were up about 3% after the market closed following
an announcement that CEO Mark Pincus will step down.
Open Table ( OPEN) shares fell after Groupon ( GRPN) debuted Groupon Reserve, a rival online service that allows
customers to book tables online at restaurants in 10 U.S. cities. Groupon plans to add more cities and expand internationally by
year-end.
Shares of BlackBerry (
of analysts' forecasts.

BBRY) continued to falter after the company last week reported first-quarter results that fell far short

Shares of Onyx Pharmaceuticals ( ONXX) surged more than 50% after the maker of cancer drugs rejected a takeover bid by
biotechnology firm Amgen ( AMGN, Fortune 500).
Best Buy ( BBY, Fortune 500) shares jumped on a bullish analyst report. Pandora ( P)was upgraded by Morgan Stanley
( MS, Fortune 500), sending shares of the music streaming company to a new 52-week high. Tesla ( TSLA) shares hit a record
high above $116 after analysts at Jefferies raised their price target for the stock to $130.
Related: Coal companies take a hit

European markets ended higher. The FTSE ( UKX) in London rose 1.5% as a new governor, Mark Carney, joins the Bank of
England from Canada. Markets are generally expecting looser monetary policy from the central banker.
"We won't have to wait long to gauge how Mr. Carney will use his new powers, as the first big event happens this Thursday when
he chairs his first meeting of the Bank of England's Monetary Policy Committee," explained Lee McDarby, from Investec's
Corporate Treasury unit.
European investors were also cheering Nokia's ( NOK ) decision to pay $2.2 billion to buy the entire Nokia Siemens Networks
unit, which is 50% owned by Siemens ( SI). Shares of Nokia jumped on the news.

money.cnn.com/2013/07/01/investing/stocks-markets/index.html?iid=HP_LN

2/3

7/1/13

Stocks hold gains, but rally fades - Jul. 1, 2013

Asian markets ended mostly higher, with the Shanghai Composite up 0.8% and Tokyo's Nikkei gaining 1.3%. Hong Kong's stock
exchange was closed for a holiday.

First Published: July 1, 2013: 9:40 AM ET

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7/3/13

U.S. stocks close higher, shaking off global worries - Jul. 3, 2013

U.S. stocks shake off global worries


By Maureen Farrell @Maureenmfarrell July 3, 2013: 1:26 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

U.S. investors were resilient in the face of renewed global worries Wednesday.
After bouncing around the breakeven for most of the day, stocks rallied into the early 1 p.m. ET close.
The Dow Jones industrial average, the S&P 500 and the Nasdaq ended up between 0.1 % and 0.3%.
Renewed political instability in Europe, violent clashes in Egypt and concerns about rising oil prices caused global markets to
falter.
Oil prices topped $100 a barrel, the highest levels in more than a year, on fears that problems in Egypt could spread beyond its
borders.
But economic numbers gave investors some reason for optimism. Jobs numbers were mostly better than expected, yet a weak
manufacturing report raised concerns about economic growth.
U.S. markets will be closed Thursday in observance of Independence Day.
Click here for more on stocks, bonds, currencies and commodities

Preview to jobs Friday: Investors liked what the saw in the job numbers, mostly from the ADP's monthly figure on privatesector payrolls. These figures came in above expectations. First-time unemployment claims came in slightly below forecasts.
Still, investors are waiting for the big jobs numbers due out Friday. Economists surveyed by CNNMoney predict the U.S.
economy added 155,000 jobs and the unemployment rate fell to 7.5% in June.
Related: Business hiring picks up

Europe... again?: Worries over the health of peripheral European countries once again caused global concerns.
Major European stock markets closed 1.3% lower, as investors worried that political turmoil in Portugal could re-ignite the
region's debt crisis and a credit rating downgrade hit European banks. Asian markets also ended with losses.
"Portuguese political pandemonium continues today as austerity fatigue has led to the resignation of several key ministers and

money.cnn.com/2013/07/03/investing/stocks-markets/index.html?iid=HP_LN

1/3

7/3/13

U.S. stocks close higher, shaking off global worries - Jul. 3, 2013

we could now be looking at the possibility of early elections," said Lee McDarby, head of corporate and institutional treasury
dealing at Investec Bank.
Related: Investors still on edge: Fear & Greed in fear

Portugal's 10-year government bond yields hit 8% and the country's benchmark stock index shed more than 6% Wednesday
after the finance minister stepped down and the foreign minister announced his resignation. Portuguese opposition parties are
calling for an early election, though Prime Minister Pedro Passos Coelho insists he will not resign.

Bank stocks get double whammy


Credit rating agency Standard & Poor's downgraded three European banks -- Credit Suisse ( CS ), Deutsche Bank ( DB) and
Barclays ( BCS) --- citing worries over the size of their investment banking portfolios and the impact of new regulations.
Shares of Credit Suisse and Deutsche Bank closed lower, while shares of Barclays ended up.
The Obamacare fallout: The Obama administration's decision to delay implementing some parts of health care reform hit
hospital stocks Wednesday. Shares of Tenet Healthcare ( THC, Fortune 500), HCA Holdings ( HCA, Fortune 500),
Community Health Systems ( CYH, Fortune 500) and Health Management Associates ( HMA, Fortune 500) dropped
between 2% and 4%.

First Published: July 3, 2013: 9:43 AM ET

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U.S. stocks close higher, shaking off global worries - Jul. 3, 2013

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7/4/13

Sensex up 233 points as IT stocks zoom first in three days - The Hindu

B u sine ss M ark e ts
Published: July 4, 2013 16:43 IST | Updated: July 4, 2013 18:38 IST

Sen sex u p 233 po in ts as IT sto ck s z o o m first in th ree days


PTI

IT stocks helped the sensex to move up by 223 points on Thursday. A file picture of iconic Bombay Stock Exchange building in Mumbai.

The Hindu

Rising for the first time in three days, the BSE benchmark Sensex on Thursday closed over 233 points higher as funds
resumed buying at prevailing low levels mainly in IT sector stocks, amid firm global cues.
The 30-share index commenced the day on a firm note at 19,348.01 and rose further by 233.08 points, or 1.22 per
cent, to close at 19,410.84. Sensex had lost 400 points in the last two sessions.
Similarly, the wide-based National Stock Exchange index Nifty gained 66.05 points, or 1.14 per cent, to close at
5,836.95. Also, SX40 index, the flagship index of MCX-SX, closed 152.2 points, or 1.33 per cent higher at 11,565.58.
Brokers said IT company stocks remained in demand as weakening rupee and signs of improving US economy raised
hopes of higher revenues.
Countrys top two software exporters Tata Consultancy Services and Infosys, which get more than half of their
revenues from the US and European countries, surged remarkably on the dollar gaining against the rupee.
While TCS shot up by 3.26 per cent to Rs 1,534.15, Infosys by 2.29 per cent to Rs 2,460.50. The third biggest software
exporter Wipro rose by 2.13 per cent to Rs 350.75.
A firming trend in the global markets after better-than-estimated US jobs data added to signs of recovery in the
worlds largest economy, also boosted the earnings outlook for exporters, brokers added.
Out of the 30 BSE index components, 20 stocks gained led by ITC surging 3.74 per cent to Rs 338.50.
Sectorally, the IT sector index gained the most by rising 2.73 per cent to 6,244.37, followed by FMCG by 2.69 per cent
to 6,785.40.
Keywords: Bombay stock exchange, IT stocks, US Dollar, Rupee
Printable v ersion | Jul 4 , 2 01 3 7 :2 4 :1 5 PM | http://www.thehindu.com /business/m arkets/sensex-up-2 3 3 -points-as-it-stocks-zoom -first-in-three-day s/article4 8809 3 1 .ece
The Hindu

www.thehindu.com/business/markets/sensex-up-233-points-as-it-stocks-zoom-first-in-three-days/article4880931.ece?css=print

1/1

7/5/13

Sensex up 85 points; RIL, HUL soar - The Hindu

B u sine ss M ark e ts
Published: July 5, 2013 16:37 IST | Updated: July 5, 2013 16:37 IST

Sen sex u p 8 5 po in ts; RIL, HUL so ar


PTI

A view of the Bombay Stock Exchange in Mumbai. File photo

AP

The BSE benchmark Sensex on Friday closed 85 points higher led by gains in bluechips, including RIL and HUL, on
sustained buying by funds on some capital inflows, amid a firm trend overseas.
The 30-share index commenced the days trade on a bullish note at 19,616.89 but lost most of the early gains and
settled just 84.98 points, or 0.44 per cent higher at 19,495.82.
Sensex had gained over 233 points on Thursday.
Similarly, the wide-based National Stock Exchange index Nifty gained 30.95 points, or 0.53 per cent, to close at
5,867.90. Also, SX40 index, the flagship index of MCX-SX, closed 60.3 points, or 0.52 per cent higher at 11,625.88.
Brokers said the market remained firm as market heavyweights Reliance Industries surged and Hindustan Unilever
climbed to record high after Anglo-Dutch parent company Unilever Plc said it has increased its stake in it.
A firming trend on other Asian bourses and higher opening in European markets as investors awaited data on the US
job data also boosted the trading sentiment here, they added.
Sugar stocks were also back in demand following reports that the government is planning to hike import duty to
discourage arrivals from overseas markets.
Meanwhile, foreign institutional investors continued lapping up domestic equities and pumped in over Rs. 164.56
crore on Thursday, as per BSE provisional data.
Out of the 30 BSE index components, 16 stocks ended higher led by Jindal Steel rising 3.51 per cent to close at Rs.
223.90.
Among other major gainers, RIL rose by 2.15 per cent to Rs. 880.20 and HUL by 1.40 per cent to Rs. 609.15.
Sectorally, the oil and gas sector index gained the most by rising 1.49 per cent to 8,915.96, followed by FMCG index by
0.89 per cent to 6,845.94.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
www.thehindu.com/business/markets/sensex-up-85-points-ril-hul-soar/article4884807.ece?homepage=true&css=print

1/2

7/5/13

Stock Futures Soar on Jobs Data, ECB News | Fox Business


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By Adam Samson / Pub lished July 05, 2013 / FOXBusiness

Em ail

U.S. stock-index futures rallied Friday as traders cheered stronger

Shar e

than expected data on the American labor market and dovish

0 Com m ents

commentary from central banks in Europe.

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As of 8:43 a.m. ET, Dow Jones Industrial Average futures jumped 146
points to 15061, S&P 500 futures rallied 15.5 points to 1625 and
Nasdaq 100 futures advanced 25.8 points to 2963.
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The data have taken on even more significance in recent months
because the Federal Reserve has said it will only begin boosting
interest rates from crisis-era levels once the labor market makes

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substantial improvements. Fed Chairman Ben Bernanke said last


month that equates to an unemployment rate around 7%.

4 Stock Futures Soar on Jobs Data, ECB


New s

"A tapering of the Feds massive quantitative easing program is

looking increasingly likely to start in the next few months after much
better than expected job creation in the second quarter," said Chris

Jobs Report Should Prompt Investor


Restraint
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Williamson, chief economist at Markit.


Bus ines s Leader s

Indeed, Treasury bonds sold off on the back of the report. The
benchmark 10-year yield jumped 0.175 percentage point to 2.685%.
It wasn't only America that celebrated July Fourth on Thursday.
European markets surged in their best day in more than two months
on the back of a pledge from European Central Bank President Mario
Draghi to keep interest rates low for an extended period of time. The
Bank of England also signaled it would keep rates low for a long time
to come.
www.foxbusiness.com/markets/2013/07/05/ecb-low-rate-pledge-ignites-rally-ahead-jobs-data/

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Change

1/3

7/5/13

Stock Futures Soar on Jobs Data, ECB News | Fox Business

In commodities, U.S. oil prices climbed 83 cents, or 0.81%, to

Mor e

$102.07 a barrel. Gold dropped $29.70, or 2.4%, to $1,222 a troy


ounce.

Financial Guaranty Insurance


Corporation

On the corporate front, Samsung Electronics saw its shares fall

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

sharply on a disappointment second-quarter forecast.

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
In...

Follow Adam Samson on Twitter @adamsamson.


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In a sign the labor market continues to
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Stocks end higher on strong jobs report - Jul. 5, 2013

ads not by this site

Stocks end higher on strong jobs report


By Ben Rooney @CNNMoneyInvest July 5, 2013: 4:26 PM ET

Click for more market data.

NEW YORK (CNNMoney)

A strong jobs report sent stocks higher Friday, capping a weekly gain for the market as investors set aside concerns about the
Federal Reserve and focused on the improved outlook for economic growth.
The Dow Jones industrial average, the S&P 500 and the Nasdaq gained about 0.9%. For the week, the Dow and the S&P 500
both rose more than 1.5%, while the Nasdaq gained over 2%.
The government said U.S. payrolls grew by 195,000 jobs in June, more than economists had expected. But the unemployment
rate held steady at 7.6%.
Traders said volumes were light Friday since many money managers took the day off. U.S. markets were closed Thursday for the
Fourth of July holiday.
Double edged sword. Investors were encouraged to see signs of improvement in the job market, but the report also makes it
more likely that the Fed will begin to taper its stimulus policies later this year.
The U.S. central bank has signaled that it will begin to slow the pace of its $85-billion-per-month bond buying program when it
sees significant improvement in the unemployment rate.
While the unemployment rate was unchanged last month, economists say the gains in hiring -- including past months that were
revised higher -- mean the rate should head lower in the months ahead.
There will be two more reports on the unemployment rate and hiring before the Fed's next scheduled meeting in September.
The June report was "more than strong enough to keep the Fed on track for tapering in September," said Jim O'Sullivan, chief
U.S. economist at High Frequency Economics.

money.cnn.com/2013/07/05/investing/stocks-markets/index.html?iid=HP_LN

1/3

7/5/13

Stocks end higher on strong jobs report - Jul. 5, 2013

Hiring picks up steam


Bond yields spike. Investors in the bond market seemed to view the good news as bad news.
The yield on the 10-year U.S. Treasury note rose to 2.72%, the highest level since August 2011. Investors have been selling
bonds, driving yields higher, in anticipation of fewer Fed purchases.
Some economists worry that an abrupt rise in interest rates could hurt the U.S. economy. Mortgage rates have spiked in the past
few weeks, raising concerns about the housing market.
Still, the sell-off in Treasuries comes on light volume and may be an overreaction, said Kevin Giddis, head of fixed-income at
Raymond James.
"I would caution against putting too much into today's move on the Treasury market," said Giddis. But he added that interest
rates are headed higher as the Fed moves away from quantitative easing, as its bond buying program is known, later this year.
"I do believe that we have set sail on an upward trend of interest rates that will likely lead to the Fed's tapering of QE in
September or October," said Giddis.
What's next. In the long run, any tapering by the Fed would reflect an improved outlook for the economy and should bode well
for stocks. But traders say volatility will remain high in the short run as the Fed's next move remains uncertain.
"We're going through a transition from a liquidity-driven equity market to a market more driven by economic and corporate
fundamentals," said Bernard Kavanagh, vice president of portfolio management at Stifel Nicolaus.
In the currency market, the U.S. dollar rose versus its main trading partners. The greenback has been strong recently as investors
bet the U.S. economy will grow faster than most other developed economies.
What's moving. Gold prices fell 3%, to $1,214.50 an ounce. That put pressure on shares of Newmont Mining (
500), which sank 4%.

NEM , Fortune

Shares of large homebuilders were under pressure as investors worry that higher mortgage rates will cool the housing market.
Lennar ( LEN) and D.R. Horton ( DHI) fell more than 3%.
Meanwhile, shares of regional banks, which are expected to benefit from rising interest rates, rallied. Lincoln National ( LNC,
Fortune 500), KeyCorp ( KEY, Fortune 500), SunTrust ( STI, Fortune 500) and Comerica ( CMA) all gained more than 3%.
Mixed news overseas. Europe got a boost Thursday when the region's central banks signaled that interest rates would remain
at unusually low levels for an extended period of time. But European markets gave back some gains Friday. The DAX in Germany
fell 2.3%.
Related: Fear & Greed Index

Investors also monitored the political turmoil in Egypt, which has sent oil prices higher in the past few days, and in Portugal,
where leaders are trying to prevent a government collapse that would undermine its 78-billion euro bailout.
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7/5/13

Stocks Roar Higher as Traders Cheer Jobs Data | Fox Business


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By Adam Samson / Pub lished July 05, 2013 / FOXBusiness


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The markets posted big gains in thin trading on Friday as market

Shar e
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participants reacted to a strong report on the labor market and dovish


European Central Bank commentary.

0
0

Today's Markets

Shar e

According to preliminary calculations, the Dow Jones Industrial


Average rose 147 points, or 0.98%, to 15135, the S&P 500 jumped

1 Oil Settles at Highest Lev el


Since May 2012
2 U.S. Economy Creates More
Jobs than Expected in June
3 Stock Futures Soar on Jobs Data,
ECB News
4 Why the Driverless Car is Here to Stay
5

ObamaCare Unraveling

16.5 points, or 1%, to 1632 and the Nasdaq Composite advanced


35.7 points, or 1%, points to 3479.
The Labor Department said nonfarm payrolls jumped by 195,000 in

See all tr ends

Bus ines s Leader s

June, coming in well above expectations of 165,000. Previous months


were also revised higher by 70,000 in total. The unemployment rate
held steady at 7.6%, compared to expectations that it would fall to
7.5%. Meanwhile, the labor force participation rate rose by 0.1
percentage point to 63.5%.
Traders generally saw the data as an indication the labor market
continues to improve. Dan Greenhaus, chief global strategist at BTIG,
said the report was "pretty darn good," citing the strong headline

Kozlowski Denied New Parole


Hearing
Tak ing Over the Tak e-Out Indus tr y
Zillow CEO: Don't Get Caught Up in Ris k of
Change

figures and also the upward revision.


www.foxbusiness.com/markets/2013/07/05/stocks-roar-higher-as-traders-cheer-jobs-data/

1/3

7/5/13

Stocks Roar Higher as Traders Cheer Jobs Data | Fox Business

The data have taken on even more significance in recent months

Mor e

because the Federal Reserve has said it will only begin boosting
interest rates from crisis-era levels once the labor market makes

Financial Guaranty Insurance


Corporation

substantial improvements. Fed Chairman Ben Bernanke said last


month that equates to an unemployment rate around 7%.

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the

"A tapering of the Feds massive quantitative easing program is

bond pays the required premium to FGIC in


order to obtain a higher rating on the issue.
In...

looking increasingly likely to start in the next few months after much
better than expected job creation in the second quarter," said Chris

Pow ered by

Williamson, chief economist at Markit.


Indeed, Treasury bonds sold off on the back of the report. The
benchmark 10-year yield jumped 0.175 percentage point to 2.685%.

MOST POPULAR STOCKS

F
It wasn't only America that celebrated July Fourth on Thursday.
European markets surged in their best day in more than two months
on the back of a pledge from European Central Bank President Mario
Draghi to keep interest rates low for an extended period of time. The
Bank of England also signaled it would keep rates low for a long time

+1.41%

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Today

AAPL

-0.92%

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to come.

GE

In commodities, U.S. oil prices climbed 83 cents, or 0.81%, to

XOM

GENERAL ELECT...

$102.07 a barrel. Gold dropped $29.70, or 2.4%, to $1,222 a troy

from Wall Street Words.

EXXONMOBIL CO...

Today

+1.40%
Today

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Today

+0.63%
Today

16.66
3:47 PM

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3:47 PM

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23.18
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ounce.
On the corporate front, Samsung Electronics saw its shares fall
sharply on a disappointment second-quarter forecast.
Follow Adam Samson on Twitter @adamsamson.
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Pr int
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The markets pushed higher Monday as traders geared up for second-

Shar e

quarter earnings season. Technology stocks, however, failed to keep

0 Com m ents

up with the broader markets.


Today's Markets

Tw eet

The Dow Jones Industrial Average jumped 89 points, or 0.59%, to

Shar e

15225, the S&P 500 climbed 8.6 points, or 0.53%, to 1640 and the
Nasdaq Composite gained 5.5 points, or 0.16%, to 3485.

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Utilities, consumer staples, consumer discretionary stocks and


financials posted the biggest gains on the day. Meanwhile, technology

Report: Nine West Parent Taps Citi to


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and telecommunications names were the biggest laggards.


Bus ines s Leader s

Wall Street posted solid gains last week, with the broad S&P 500
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Wall Street Climbs, But Tech Shares Lag | Fox Business

Alcoa (AA), the world's largest aluminum maker, unveils its quarterly

Mor e

earnings after the closing bell on Monday in the unofficial start of


second-quarter earnings season. Analysts expect the embattled Dow

Financial Guaranty Insurance


Corporation

component to earn six cents a share on $5.8 billion in revenues.


Banking giants J.P. Morgan Chase (JPM) and Wells Fargo (WFC)

A private insurer of interest and principal


payments on municipal bond issues. As with

both post their results on Friday.

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

Also on the corporate front, Institutional Investor Services suggested

In...

Dell (DELL ) shareholders vote for a take-private deal by founder

Pow ered by

Michael Dell and private-equity firm Silver Lake Partners.


There are no major economic reports slated for release on Monday.
However, there are several key inflation gauges, a consumer
sentiment survey and minutes from the Fed out throughout the course

from Wall Street Words.

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Elsewhere, gold prices rallied 1.6% to $1,232 a troy ounce. Oil

GE

of the week. Fed Chairman Ben Bernanke is also set to speak on

APPLE INC.

dipped 52 cents, or 0.49% , to $102.71 a barrel. Wholesale New York

GENERAL ELECT...

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+0.34%
Today

Harbor gasoline fell 0.3% to $2.889 a gallon.

BAC

BANK OF AMERI...

Today

Treasury yields fell mildly, with the benchmark 10-year slipping 0.03

GLD

+1.20%

percentage point to 2.721%.

SPDR GOLD TRU...

+1.68%

Today

16.81
4:00 PM

415.05
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23.32
4:00 PM

13.28
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119.51
4:00 PM

Foreign Markets
The Euro Stoxx 50 rallied 2% to 2647, the English FTSE 100 rose
0.79% to 6426 and the German DAX soared 2.3% to 7981.
In Asia, the Japanese Nikkei 225 sold off by 1.4% to 14109 and the
Chinese Hang Seng dropped 1.3% to 20582.
Follow Adam Samson on Twitter @adamsamson.
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Stocks: The gains continue - Jul. 8, 2013

ads not by this site

Stocks: The gains continue


By Maureen Farrell @CNNMoneyInvest July 8, 2013: 4:22 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

The rally just keeps going.


Stocks closed higher Monday ahead of a big, upcoming wild card: corporate earnings season.
The Dow Jones Industrial Average and the S&P 500 gained between 0.5% and 0.6% The tech-heavy Nasdaq index was the
laggard index, adding just 0.2%.
'Tis the earnings season: Second-quarter earnings season will kick off after the close of trading, starting with aluminum
producer Alcoa ( AA, Fortune 500). Investors typically look to the Dow component's quarterly results as a litmus test for how
Corporate America fared over the past three months.
For most of the year, earnings haven't had a big impact on stocks. Instead, investors have focused primarily on the status of the
U.S. Federal Reserve's massive bond buying program, which has served as rocket fuel for stocks. All three indexes are up
between 14% and 16% this year.
Related: The computers that run the stock markets

But with the Fed expected to take its foot off the gas, investors will be forced to grapple with the fundamentals underlying the
stocks they're buying and selling. That's why they'll pay extra attention to this latest round of corporate earnings.
Analysts aren't expecting all that much from U.S. companies the second quarter.
"Sales have got to start coming through," said fund manager Fiona Harris from J.P. Morgan Asset Management. "We believe the
relatively sluggish U.S. sales growth could start to weigh heavily if we don't see improvement soon."
Related: Fear & Greed Index shows investors still fearful

Or maybe not... Yet other market analysts note that even if earnings aren't stellar, stocks could still continue on their recent
tear. That's because the U.S. stock market continues to look like the safest place in the world to invest, noted Paul Powers, head
of trading at Raymond James.
On Friday, for example, the U.S. Labor Department reported that the country added more jobs in June than economists had

money.cnn.com/2013/07/08/investing/stocks-markets/index.html?iid=HP_LN

1/3

7/8/13

Stocks: The gains continue - Jul. 8, 2013

expected.
With that and other signs of economic improvement in the country, investors bet that the Federal Reserve would be even more
likely to scale back its bond buying program. On Monday, bond prices remained lower -- keeping 10-year U.S. Treasury yields
elevated at 2.7% -- and put money into stocks.
"There's been a beat down in fixed income, and people continue to put money to work in equities," said Powers.
Click here for more on stocks, bonds, currencies and commodities

Around the world: European markets closed higher, up between 1% and 2%.
But Asian markets ended in the red. The Hang Seng index and the Nikkei in Japan both dropped by more than 1%. The Shanghai
Composite index fell even further, down by 2.4%, on continuing concerns about slowing growth in China.
Shares of Asiana Airlines dropped in South Korean markets after a Boeing 777 crashed in San Francisco over the weekend. But
the stock price for Boeing ( BA, Fortune 500) was little changed.
Analysts upgrades/downgrades: An upgrade by Morgan Stanley fueled a run-up in Priceline's (
Shares of Intel (

PCLN) stock.

INTC, Fortune 500) sank, after Evercore downgraded the chip maker's stock.

Michael Dell may be the Dell victor


Looking ahead: According to Kit Juckes of Societe Generale in London, among the issues standing out for global investors in the
week ahead are a speech by Federal Reserve chairman Ben Bernanke's on Wednesday, a possible "Scotch tape solution" to
Portugal's economic crisis and concerns about the slowdown in China's economy.
Michael Dell got one step closer to victory in his bid to take Dell (
gave him the nod of approval.

DELL, Fortune 500) private along with Silver Lake, after ISS

And following Alcoa, results are due later in the week from companies including Yum! Brands (
( JPM, Fortune 500) and Wells Fargo ( WFC, Fortune 500).

YUM, Fortune 500), JPMorgan

First Published: July 8, 2013: 9:42 AM ET

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money.cnn.com/2013/07/08/investing/stocks-markets/index.html?iid=HP_LN

by Taboola

2/3

7/9/13

Sensex recovers by 115 points - The Hindu

Business Markets
Published: July 9, 2013 18:57 IST | Updated: July 9, 2013 18:57 IST

Sensex recovers by 115 points


PTI

The benchmark BSE S&P Sensex on Tuesday gained 115 points to close at 19,439.48 amid a smart recovery in the
rupee and on the back of firm global cues.
The stock markets mirrored the currencys movement, which bounced back from a record low of 61.21 yesterday after
SEBI and the Reserve Bank of India announced steps to curb speculative trade in currency derivatives, brokers said.
There was across-the-board buying as all 13 sectoral indices closed between 0.04 per cent and 1.93 per cent higher,
with consumer durables, power, realty, capital goods, pharma and banking stocks taking the lead.
According to analysts, the market seemed to be consolidating above the 19,000 level ahead of first-quarter results
starting later this week. Software services giant Infosys is scheduled to report its Q1 results on Friday.
In the coming days, we could see stock-specific movements due to quarterly results, said Nagji K Rita, Chairman &
MD, Inventure Growth & Securities. Overall, the markets could move sideways with an upward bias. The markets
may pick up volatility as it approaches the end of this week when the IIP data would be announced.
Gains in HDFC Bank, Sun Pharma, L&T, Infosys, RIL, HDFC, ICICI Bank, SBI, Bajaj Auto, Dr Reddys Lab and BHEL
supported the Sensex.
The 30-share barometer opened higher, in line with higher Asian cues on the back of a strong closing on Wall Street
yesterday, and remained in positive terrain to settle at 19,439.48, adding 114.71 points or 0.59 per cent. Yesterday, the
Sensex dropped 0.88 per cent.
The 50-share CNX Nifty on the NSE gained 47.45 points to end at 5,859.00. The SX40 index on the MCXSX
climbed 62.75 points, or 0.54 per cent, to 11,598.19.
The rupee gained 48 paise to 60.13 against the dollar in early trade at the Interbank Foreign Exchange market.
Asian stocks closed higher after Alcoa Inc. started the US earnings season with results that beat analyst estimates.
Key benchmark indices in China, Hong Kong, Singapore, Japan, South Korea and Taiwan rose by 0.37 per cent to
www.thehindu.com/business/markets/sensex-recovers-by-115-points/article4898412.ece?css=print

1/2

7/9/13

Sensex recovers by 115 points - The Hindu

2.58 per cent.


European markets were higher in early trade after Alcoas earnings and as euro-zone finance ministers agreed on aid
disbursement for Greece. The CAC was up by 0.79 per cent, the DAX by 1.18 per cent and the FTSE by 1.03 per cent.
In the domestic market, 22 Sensex scrips gained.
The major gainers were Sun Pharma (3.57 pc), BHEL (2.22 pc), Bajaj Auto (2.29 pc), Sterlite (1.88 pc), Dr Reddys
Lab (1.82 pc), Larsen (1.70 pc), NTPC (1.43 pc), HDFC Bank (1.27 pc), Wipro (1.17 pc), SBI (1.01 pc) and Infosys (0.97
pc).
Jindal Steel dropped by 1.9 per cent, followed by M&M (1.18 pc), ONGC (0.79 pc) and HUL (0.76 pc).
Among the sectoral indices, S&P BSE-CD gained 1.93 per cent, followed by S&P BSE-Power 1.86 per cent, S&P BSERealty 1.65 per cent, S&P BSE-CG 1.47 per cent, S&P BSE-HC 1.44 per cent and S&P Bankex 1.26 per cent.
The market breadth turned positive as 1,306 stocks closed with gains and 1,014 finished with losses. The total
turnover rose to Rs 1,751.70 crore from Rs 1,557.21 crore yesterday.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable v ersion | Jul 1 0, 2 01 3 2 :2 5:1 2 AM | http://www.thehindu.com /business/m arkets/sensex-recov ers-by -1 1 5-points/article4 89 84 1 2 .ece
The Hindu

www.thehindu.com/business/markets/sensex-recovers-by-115-points/article4898412.ece?css=print

2/2

7/9/13

Stocks buoyant as earnings season kicks off - Jul. 9, 2013

Stocks buoyant as earnings get underway


By Ben Rooney @CNNMoneyInvest July 9, 2013: 4:29 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Investors pushed stocks closer to record highs Tuesday after a positive start to earnings season gave global markets a tailwind.
The Dow Jones industrial average, the S&P 500 and the Nasdaq gained between 0.5% and 0.7%.
All three indexes have closed higher for four straight days in a row and the Dow is now less than 1% below the record closing
high it hit on May 28.
Alcoa (

AA, Fortune 500) was the first Dow component to report second-quarter results after the markets closed Monday.

Alcoa's results, which topped forecasts, combined with lingering sentiment from last week's better-than-expected jobs report
helped support stocks Tuesday, said Anthony Conroy, head trader at BNY ConvergEx Group.
Conroy said trading volumes were light as the market enters the "summer doldrums," though he added that investors were
taking advantage of the recent pullback to add new positions. "After we had a bit of a correction, people are now putting money
back to work," he said.
Click here for more data on bonds, commodities and currencies

Eye on earnings: Overall, earnings for companies in the S&P 500 are expected to grow 0.8% versus last year, according to
FactSet.
That would be the worst since the third quarter of 2012, when the growth rate declined.
While companies could beat analysts' low expectations, investors are eager to see revenue growth based on consumer demand,
rather than cost cutting.
"We want to see companies beating for the right reasons," said Conroy. "We want to see growth."
Firms including Yum! Brand, ( YUM, Fortune 500) JPMorgan (
are set to report results later this week.

JPM, Fortune 500) and Wells Fargo (

WFC, Fortune 500)

Economy stuck in neutral: Recent Fed-driven choppiness has eased as investors put aside concerns about the Federal Reserve
slowing down its massive bond buying program, which would remove some liquidity from the markets.

money.cnn.com/2013/07/09/investing/stocks-markets/index.html?iid=HP_LN

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7/9/13

Stocks buoyant as earnings season kicks off - Jul. 9, 2013

But the focus could shift back to the Fed Wednesday, when the central bank releases minutes from its most recent policy
meeting and chairman Ben Bernanke makes a speech in Cambridge, Mass.
Separately, the International Monetary Fund cut its world economic growth forecast for the third time this year due to slowing
emerging markets and a prolonged recession in the eurozone.
In an update to its World Economic Outlook, the IMF said Tuesday that it now expects world output to expand by just 3.1% in
2013, down from 3.3% in April. In January, it was forecasting growth of 3.5%.
Related: Fear & Greed Index driven by fear

European markets ended higher. The DAX in Germany gained more than 1.2%. London's benchmark FTSE 100 gained nearly 1%
and the CAC 40i ( CAC40)n Paris rose 0.6%.
The U.K. pound hit a new 2013 low after data on British industrial production and manufacturing came in weaker than expected.
Standard & Poor's lowered Italy's credit rating one notch to "BBB." The move reflects the weak growth outlook for Italy and an
ineffective monetary policy, according to S&P.
Asian markets ended Tuesday with gains. Japan's Nikkei surged 2.6% as it recovered from a fall on Monday. But gains in China
were more modest after a report on inflation came in higher than expected. China's CPI jumped to 2.7% in June, up from 2.1%.
What's moving: Shares of FedEx ( FDX, Fortune 500) jumped nearly 5% on speculation that activist investor Bill Ackman
might take a stake in the parcel delivery company.
BlackBerry (

BBRY) shares rose as the smartphone maker held its annual meeting with shareholders.

Tesla Motors ( TSLA) is joining the Nasdaq-100 and replacing software company Oracle ( ORCL, Fortune 500). The electric
car maker's stock rose above $125 -- more than four times what the stock was worth at the beginning of the year.

Barnes & Noble in transition


Barnes & Noble ( BKS, Fortune 500) shares rebounded, one day after the bookseller announced that CEO William Lynch was
resigning. Barnes & Noble has no immediate plans to name a new CEO as it moves through a "transitional" phase.
Shares of Intuitive Surgical Inc. (
investors.

ISRG) plunged after the surgical robotics company pre-announced results that disappointed

Shares of Kroger ( KR, Fortune 500) rose to an all-time higher after it agreed to buy rival Harris Teeter (
deal valued at $2.5 billion.

HTSI) in an all-cash

NYSE Euronext ( NYX) won a contact to take over Libor, the London interbank offered rate that has been at the epicenter of a
wide-ranging bid rigging scandal.

money.cnn.com/2013/07/09/investing/stocks-markets/index.html?iid=HP_LN

2/3

7/9/13

Stocks buoyant as earnings season kicks off - Jul. 9, 2013

First Published: July 9, 2013: 9:40 AM ET

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Alcoa Beat Lifts Stocks; Nasdaq Logs Best Close Since 2000 | Fox Business
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REUTERS

FOX Business: Capitalism Lives Here

Pr int
Em ail

Upbeat earnings from Alcoa sent stocks climbing Tuesday.

Shar e

Tw eet

Meanwhile, the Nasdaq notched its highest close in nearly 13 years.


Today's Markets

The Dow Jones Industrial Average climbed 75.7 points, or 0.5%, to

Shar e

15300, the S&P 500 gained 11.9 points, or 0.72%, to 1652 and the
Nasdaq Composite advanced 19.4 points, or 0.56%, to 3504.

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Loom
3 FedEx Pops on Legal Settlement,
Ackman Buzz
4 Tesla Gets a Big ETF Promotion (TSLA)
5

Safety Regulators Probe GM Stress Test

All but one major sector ended in the green on the day. The biggest

See all tr ends

gainers could be found in materials, industrials and energy stocks -all industries seen to be particularly vulnerable to sways in the

NYX

Woman Wins Law suit


Over Poppy Seed Bagel

Bus ines s Leader s

economy. The telecommunications sector was the single laggard.


Alcoa (AA) revealed quarterly results after the closing bell that beat
analysts' expectations on the top and bottom lines. While analysts
warn the embattled company no longer represents a true bellwether, it
still helped get corporate reporting season off to a strong start. Larger
firms J.P. Morgan Chase (JPM) and Wells Fargo (WFC) are both
slated to unveil their earnings on Friday.

www.foxbusiness.com/markets/2013/07/09/alcoa-leads-wall-street-to-fourth-straight-win/

Shell Taps New CEO


Sum m er s Said to Be Inter es ted in Fed Chief Job
Eli Lilly CEO Retur ns to Pos t After Hear t Sur ger y

Mor e

1/3

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Alcoa Beat Lifts Stocks; Nasdaq Logs Best Close Since 2000 | Fox Business

WFC

42.70

On the economic front, the International Monetary Fund chopped down

WELLS FARGO ...

-0.13

its 2013 and 2014 world growth forecast to by 0.2 percentage point to

AA

7.91

ALCOA INC....

-0.01

3.1% and 3.8%, respectively. The IMF pointed to cooling in emerging


markets and the years-long recession in Europe as drivers.

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

YUM

73.00

Traders had a smattering of other corporate news to parse through as

YUM BRANDS...

+0.51

well. NYSE Euronext (NYX) will become the administrator of

CVX

123.27

CHEVRON CORP...

IBM

+2.03
191.30

INTERNATIONA...

-3.68

JPM

54.89
+0.19

Pow ered by

Barnes & Noble (BKS) said its chief executive William Lynch will
resign amid a management shakeup. Kroger (KR) said it will buy
Sachs (GS) downgraded IBM (IBM) to "neutral" from "buy" and cut its
price target on Big Blue by $20 to $200 a share.

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or 0.07%, to $103.07 a barrel. Wholesale New York Harbor gasoline


edged up 0.11% to $2.887 a gallon.

+0.18%

FORD MOTOR CO...

Today

AAPL

+1.76%

APPLE INC.

jumped $13.30, or 1.1%, to $1,248 a troy ounce. Oil dipped 7 cents,

BAC

Today

+1.88%

BANK OF AMERI...

Today

IBM

-1.89%

INTERNATIONAL...

GE

GENERAL ELECT...

Rough Road Ahead for


Stocks?

from Wall Street Words.

the British Bankers Association, according to multiple news report.

Gold prices rallied for the second day in a row. The precious metal

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In...

controversial London Interbank Offered Rate (Libor), previously run by

Harris Teeter Supermarkets (HTSI) in a $2.44 billion deal. Goldman

JPMORGAN CHA...

Financial Guaranty Insurance


Corporation

Today

+1.29%
Today

16.84
4:00 PM

422.35
4:00 PM

13.53
4:00 PM

191.30
4:01 PM

23.62
4:00 PM

Foreign Markets
The Euro Stoxx 50 rose 0.55% to 2665, the English FTSE 100 gained
0.85% to 6505 and the German DAX rallied 1% to 8045.

Bull and Bear Debate on


Markets

In Asia, the Japanese Nikkei 225 soared 2.6% to 14472 and the
Chinese Hang Seng ticked up 0.49% to 20683.
Follow Adam Samson on Twitter @adamsamson.

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Alcoa Beat Lifts Stocks; Nasdaq Logs Best Close Since 2000 | Fox Business
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Sensex up 333 pts in late morning trade - The Hindu

Business Markets
Published: July 11, 2013 09:50 IST | Updated: July 11, 2013 11:11 IST

Sensex up 333 pts in late morning trade


PTI

Shares of metal, banking, capital goods, realty, PSU, power and refinery firmed up sharply on fresh demand. File photo

The S&P BSE benchmark Sensex on Thursday bounced back by 333 points in late morning trade on fresh buying as
Asian stocks jumped after US Federal Reserve Chairman Ben S Bernanke said the worlds biggest economy will
continue to need stimulus.
Bernanke comments helped ease concerns about global liquidity. The Feds bond-buying programme, which has
flooded global markets with liquidity, has helped support an array of assets, including equities in recent years.
Shares of metal, banking, capital goods, realty, PSU, power and refinery firmed up sharply on fresh demand.
L&T was trading at Rs. 978 as the stock turned ex-bonus on Thursday for 1:2 bonus issue.
The benchmark BSE-30 share index, Sensex, opened higher at 19,468.46 points and advanced further to 19,664.62
before quoting 19,626.86 at 1030 hours.
It showed a sharp gain of 332.74 points or 1.72 per cent from its last close.
The NSE 50-share barometer Nifty also rose by 102.25 points, or 1.76 per cent, to 5,918.95 at 1030 hours.
Major gainers were Hindalco Ind (3.52 per cent), Coal India (3.34 per cent), Larsen (2.99 per cent), HDFC bank
(2.92 per cent), Sterlite Ind (2.81 per cent) and ICICI Bank (2.43 per cent).
Asian stocks rose in early trade. Key benchmark indices in China, Hong Kong, Indonesia, Singapore, South Korea and
Taiwan rose by 1.52 to 2.48 per cent while Japans Nikkei Average fell 0.15 per cent.
Keywords: Sensex, U.S. stimulus drive, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian
stock markets
Printable v ersion | Jul 1 2 , 2 01 3 2 :08:2 2 AM | http://www.thehindu.com /business/m arkets/sensex-up-3 3 3 -pts-in-late-m orning-trade/article4 9 04 2 9 4 .ece
The Hindu

www.thehindu.com/business/markets/sensex-up-333-pts-in-late-morning-trade/article4904294.ece?css=print

1/1

7/11/13

Stocks back at record highs - Jul. 11, 2013

Stocks back at record highs


By Ben Rooney @CNNMoneyInvest July 11, 2013: 3:19 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Hello again, all-time highs.


U.S. stocks soared back into record territory Thursday, as investors welcomed comments from Federal Reserve chairman Ben
Bernanke.
The Dow Jones industrial average rallied 163 points, or nearly 1.1%. The blue chip index topped 15,456 shortly after the
opening bell, putting it above the record closing high it hit in May.
The S&P 500 rose more than 1.1%, also topping its May record. The Nasdaq jumped 1.2%.
Click here for data on bonds, commodities, currencies and global markets

The Bernanke market: The gains came after Bernanke said late Wednesday that monetary policy would remain "highly
accommodative" for the foreseeable future.
Investors were spooked in May when Bernanke suggested the Fed could begin to scale back its $85 billion-per-month bond
buying program this year. But top central bankers, including the chairman, have taken great pains to reassure investors that any
tapering would depend on continued improvement in the economy.
"Clearly, the market has digested the shift in Fed policy and is realizing that this is not a very dramatic shift at all," said Hank
Smith, chief investment officer at Haverford Trust. "And, if it occurs," he continued, the shift "would be a good thing because it
means more confidence in the economy, at least from the Federal Reserve."
Related: Citadel: The stock market is safer than ever

Bull market still has legs: Smith said the gains reflect an improvement in sentiment as investors continue to see any pullback in
stocks as an opportunity to buy. He said the recession in Europe and slowing growth in emerging market economies makes the
U.S. market particularly attractive, despite the below-average recovery.
Related: The bull looks tired

Looking ahead, Smith expects volatility to remain high as the timing of any Fed action remains uncertain. But he said the market
could still rise an additional 5% to 7% by the end of the year.
money.cnn.com/2013/07/11/investing/stocks-markets/index.html?iid=HP_LN

1/3

7/11/13

Stocks back at record highs - Jul. 11, 2013

"Any pullback, or even a correction, would be welcomed by investors," he said. "There is a ton of money waiting for that."
Related: Fear & Greed Index shifts into greed

European markets closed higher, and major Asian markets ended with gains.
Japan's benchmark Nikkei index moved 0.4% higher after the country's central bank said it would continue expanding its
balance sheet. Jones said that comments from Japan's central bank have helped to buoy international markets.
In U.S. economic news, the number of Americans filing for first-time unemployment benefits rose to a two-month high,
according to the government's weekly report. But economists were quick to brush off the rise as a result of volatile numbercrunching, rather than a discouraging sign for the economy.
Separately, the 30-year mortgage rate rose to its highest level in nearly two years, according to mortgage financing company
Freddie Mac.

Chinese consumers scale back


What's moving: Microsoft ( MSFT, Fortune 500)announced a widely-anticipated reorganization of it's business operations,
including a shakeup of high-level managers, according to various reports.
Shares of Yum! Brands ( YUM, Fortune 500) reported earnings that beat expectations but worries about the KFC owner's
growth in China pushed Yum Brands' stock lower.
AMD ( AMD, Fortune 500) shares surged 11% after Bank of America analysts upgraded the company's stock. Other tech
stocks hit fresh record highs, including Google ( GOOG, Fortune 500)and Amazon ( AMZN, Fortune 500).
Bernanke's comments about maintaining low interest rates boosted homebuilders' stocks. D.R. Horton (
and Toll Brothers ( TOL) gained between 6% and 7%.

DHI), Lennar (

LEN)

Conversely, regional banks, which usually benefit from higher rates, came under pressure. Shares of Regions Financial
Corporation ( RF, Fortune 500), Comerica ( CMA), KeyCorp ( KEY, Fortune 500) and SunTrust Banks ( STI, Fortune 500)
fell between 2% to 3%.
Quarterly results are coming up Friday from mega-banks JPMorgan (
500).

JPM, Fortune 500) and Wells Fargo (

WFC, Fortune

Overall, earnings for companies in the S&P 500 are expected to grow 0.8% versus last year, according to FactSet.

First Published: July 11, 2013: 9:49 AM ET

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Bernanke Sends Dow, S&P to Fresh Closing Highs | Fox Business


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Wall Street soared on Thursday, with the Dow and S&P logging fresh

Shar e

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0 Com m ents

Reserve Chairman Ben Bernanke.


Today's Markets

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According to preliminary calculations, the Dow Jones Industrial


Average jumped 170 points, or 1.1%, to 15461, the S&P 500 rallied
22.5 points, or 1.4%, to 1675 and the Nasdaq Composite leapt 57.5

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Act
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points, or 1.6%, to 3578.


The broad S&P 500 narrowly extended its winning streak to five days

See all tr ends

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on Wednesday. Sentiment among world trading desks got a boost


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late Wednesday after Bernanke suggested the U.S. economy will be


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7/11/13

Bernanke Sends Dow, S&P to Fresh Closing Highs | Fox Business

"Thoughts of tapering have been banished to the outer darkness this

Mor e

morning, as Fed chairman Ben Bernanke seemed to come down


firmly on the side of additional stimulus in his speech last night," Chris
Fresh Dow Highs

Beauchamp, a market analyst at IG said in a note to clients.

Financial Guaranty Insurance


Corporation

The speech ricocheted through many financial markets. The dollar

A private insurer of interest and principal


payments on municipal bond issues. As with
other insurers, the municipality issuing the
bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

recently sold off by more than 1% against a basket of world currencies


that are tracked by the dollar index. That move helped gold prices
zoom higher by $34.90, or 2.8%, to $1,282 a troy ounce. Traders also

In...

bid up U.S. Treasury bonds after a heavy selloff last week. The

Pow ered by

from Wall Street Words.

benchmark 10-year yield fell 0.043-percentage point to 2.571%.


Oil prices fell just slightly, with the benchmark U.S. contract recently
dipping 57 cents, or 0.53%, to $105.97 a barrel. Wholesale New York
Harbor gasoline slumped 0.8% to $2.99 a gallon.
There are two significant economic reports out at 8:30 a.m. ET.
The number of individuals applying for first-time jobs benefits rose to
360,000 last week from an upwardly revised 344,000 the week prior,
according to the Labor Department. Economists expected claims to
fall to 340,000 from a initially reported 343,000. Data focusing on the
labor market have been a major focus on Wall Street of late, as the

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APPLE INC.

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16.98
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427.38
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13.51
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23.93
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Fed has said it will keep easing until there is substantial improvement
on the jobs front.
Meanwhile, the Labor Department reports U.S. import prices fell 0.2%
in June from the month prior, compared to expectations they would
hold steady. Meanwhile, export prices slipped 0.1%, matching
expectations.
Foreign Markets
The Euro Stoxx 50 jumped 0.9% to 2684, the English FTSE 100
gained 0.66% to 6548 and the German DAX rallied 1.1% to 8155.
In Asia, the Japanese Nikkei 225 edged up 0.39% to 14473 and the
Chinese Hang Seng surged 2.6% to 21437.

Follow Adam Samson on Twitter @adamsamson.


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Bernanke Sends Dow, S&P to Fresh Closing Highs | Fox Business

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7/15/13

Sensex breaches 20K mark after 6 weeks - The Hindu

Business Markets
Published: July 15, 2013 17:05 IST | Updated: July 15, 2013 17:26 IST

Sensex breaches 20K mark after 6 weeks


PTI

TCS, Airtel lead market surge as BSE benchmark Sensex shoots up by 76 points

Paring early losses, the BSE benchmark Sensex shot up by 76 points on Monday to close above the 20,000 mark for
the first time in over six weeks, led by gains in blue-chip stocks, including TCS and Bharti Airtel, as inflation numbers
met market expectations amid firm global cues.
The 30-share index started the day lower at 19,904.47 on profit booking triggered by weak IIP and retail inflation
numbers that came after trading hours on Friday. It, however, reversed the falling trend during the day and closed
76.01, or 0.38 per cent higher at 20,034.48.
This is the first time that the index has closed above the 20,000 mark since 20,215.40 on May 30.
Similarly, the National Stock Exchange index Nifty gained 21.80 points, or 0.36 per cent, to close at 6,030.80. Also,
SX40 index, the flagship index of MCX-SX, closed 51.15 points, or 0.43 per cent higher at 11,940.03.
Brokers said the trading sentiment improved as wholesale price index-based inflation rose less than the market
expectations. The WPI-based inflation rose 4.86 per cent in June compared with 4.7 per cent in May. There was
optimism over the earnings season, which took a firm start with Infosys results outperforming market expectations.
They said a firming trend in global markets as Chinese economic growth matched forecasts further influenced the
trading sentiment.
Out of the 30 BSE index components, 18 stocks closed with gains led by Hindalco rising 3.69 per cent to Rs 105.40.
Other major gainers included Tata Consultancy Services (2.20 per cent), Bharti Airtel (3.20 per cent) and Hindustan
Unilever (2.06 per cent).
Sector-wise, the realty sector index gained the most by 1.94 per cent to 1,547.66, followed by FMCG by 1.19 per cent to
7,030.41.
However, Infosys shares fell by 2.17 per cent to Rs 2,741.85 on profit booking. The stock had surged 12 per cent in the
previous session after reporting higher quarter earnings.
www.thehindu.com/business/markets/sensex-breaches-20k-mark-after-6-weeks/article4917577.ece?homepage=true&css=print

1/2

7/15/13

Stocks gain as earnings come into focus - Jul. 15, 2013

Stocks gain as earnings come into focus


By Wenqian Zhu @CNNMoneyInvest July 15, 2013: 4:28 PM ET

Click here for more market data.

NEW YORK (CNNMoney)

U.S. stocks managed modest gains Monday after solid earnings from Citigroup, but the rise was tempered by a weak report on
retail sales.
The Dow Jones industrial average, the S&P 500 and the Nasdaq all edged up about 0.2%. The slim gains were enough to send the
Dow and S&P 500 to new record closing highs, and the Nasdaq to the highest level in over a decade.
Investors welcomed better-than-expected quarterly results from Citigroup ( C, Fortune 500), which reported net income of
$4.2 billion, or $1.34 per share, driven by a jump in revenue and lower loan losses. Corporate earnings could be a big market
driver this week.
Goldman Sachs ( GS, Fortune 500) reports early Tuesday, along with Dow stocks Johnson & Johnson (
Coca-Cola ( KO, Fortune 500).

JNJ, Fortune 500) and

Overall, the companies in the S&P 500 are expected to report earnings growth of less than 0.1% for the quarter, according to
FactSet. That would be the weakest growth since earnings fell in the third quarter of 2012, but investors seem optimistic that
companies will be able to beat analysts' low expectations.
Meanwhile, retail sales rose 0.4% in June, the Census Bureau said Monday. That's a slowdown from a 0.6% rise a month earlier,
and weaker than expected.
Separately, the New York Federal Reserve bank said its index of manufacturing activity in the region rose to 9.5 in July, from 7.8
in June.
Related: China's GDP growth slows to 7.5%

"Investors are keeping a watchful eye on economic data, not only for signs about the direction of the economy, but perhaps more
importantly in a search for clues about the Fed's next steps," said Jim Baird, chief investment officer for Plante Moran Financial
Advisors.
Federal Reserve chairman Ben Bernanke will be on Capitol Hill this week for his annual testimony on the economy. Bernanke
gave the market a boost last week after he said U.S. monetary policy will remain "highly accommodative" for the foreseeable
future.

money.cnn.com/2013/07/15/investing/stocks-markets/index.html?iid=HP_LN

1/3

7/15/13

Stocks gain as earnings come into focus - Jul. 15, 2013

Why is China's economy cooling down?


Earlier, the Chinese government said gross domestic product rose by 7.5% in the second quarter, matching official estimates.
While growth was slower than the 7.7% rate in the first quarter, investors were relieved that Chinese GDP was not weaker than
expected.
"Investors need to realize that China's leadership is primarily focusing on long-term changes, instead of quarter-to-quarter
results," said Jack Ablin, chief investment officer at BMO Private Bank.
What's moving? Shares of Leap Wireless International ( LEAP) jumped 112% after AT&T (
that it plans to acquire the prepaid wireless provider for about $1.2 billion.
Tiffany & Co. (

T, Fortune 500) said on Friday

TIF) shares were up 3.6% after analysts at Stifel upgraded the jeweler to buy from hold.

Related: Fear & Greed Index gets greedy

Boeing's ( BA, Fortune 500) stock edged up after British investigators said that a Dreamliner fire at London Heathrow Airport
last Friday was not linked to its batteries, which have created problems in the past.
Major European markets closed higher with the UK's FTSE 100 ( UKX) up 0.6%. Meanwhile, the main Chinese markets ended
with gains. The Shanghai Composite index rose about 1% and the Hang Seng index inched 0.1% higher.
In Japan, the Tokyo Stock Exchange was closed for a holiday.

First Published: July 15, 2013: 9:41 AM ET

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7/15/13

S&P Notches Record High in Eight-Day Winning Streak | Fox Business


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The broad S&P 500 climbed to a fresh closing high Monday,

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0 Com m ents

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4 OPEC May Slash Production

Shar e

Average rose 21.8 points, or 0.14%, to 15485, the S&P 500


advanced 2.4 points, or 0.14%, to 1684 and the Nasdaq Composite
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rose 7.4 points, or 0.21%, to 3607.

51.81

CITIGROUP IN...

+1.00

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Travel Agents
See all tr ends

The Dow and S&P 500 both notched fresh record closing highs in a
rally last week driven by hopes the Federal Reserve will keep its foot

FCX

28.13

firmly on the economic accelerator for a long time to come. It

FREEPORT-MCM...

+0.08

extended those gains on Monday. This week was set to be a busy

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one as well, with several important economic reports on tap, a slew of


corporate earnings out, and testimony from Fed Chairman Ben
Bernanke.

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Fail

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S&P Notches Record High in Eight-Day Winning Streak | Fox Business


Honeym oon Continues : Yahoo's Mayer Enjoys
Lofty Ratings

China said its economy grew at an annual pace of 7.5% in the second
quarter, matching economists estimates and marking only a slight dip
from the 7.7% the economy logged in the first three months of the

Mor e

year.

Financial Guaranty Insurance


Corporation

"GDP growth slowed in (the second quarter), while June activity data
sent mixed signals, which should help reduce concerns of a hard

A private insurer of interest and principal


payments on municipal bond issues. As with

economic landing but leave us comfortable with our view that the
growth slowdown in China will be ongoing for several quarters,"

other insurers, the municipality issuing the


bond pays the required premium to FGIC in
order to obtain a higher rating on the issue.

Zhiwei Zhang, an economist at Nomura wrote in a note to clients.

In...

Still, the Japan-based investment bank slashed its forecast for 2014

Pow ered by

growth to 6.9% from 7.5%.


On the U.S. front, the Commerce Department said retail sales rose
0.4% in June, missing economists expectations of a 0.8% jump.
Excluding the auto sector, sales were unchanged compared to
expectations they would rise 0.4%.
"The number one takeaway from todays report is that the consumer
was a bit weaker than expected in the second quarter," Dan
Greenhaus, chief global strategist at BTIG wrote in an email. "These
new numbers will weigh even more on 2Q GDP but investors have
already internalized a very weak report."

from Wall Street Words.

MOST POPULAR STOCKS

+0.06%

FORD MOTOR CO...

Today

AAPL

+0.22%

APPLE INC.

Today

BA

+3.72%

BOEING CO.

CITIGROUP INC...

BAC

BANK OF AMERI...

Today

+1.97%
Today

+0.73%
Today

17.12
4:00 PM

427.44
4:00 PM

105.66
4:00 PM

51.81
4:00 PM

13.88
4:00 PM

Meanwhile, the New York Federal Reserves gauge of manufacturing


activity rose to 9.46 in July from 7.84 in June, beating expectations it
would fall to 5.
In corporate news, Citigroup (C) revealed adjusted second-quarter
earnings of $1.25 a share on revenues of $20 billion, topping
expectations of $1.17 a share on $19.75 billion.
Separately, analysts at Citigroup added Freeport McMoRan
Copper & Gold (FCX) to their Top Picks Live list, with a sell rating
and a price target of $23.
In commodities, oil prices slumped 65 cents, 0.61%, to $105.31 a
barrel. Wholesale New York Harbor gasoline dropped 1.5% to $3.072
a gallon. Gold rose $4.10, or 0.33%, to $1,282 a troy ounce.
Foreign Markets
The Euro Stoxx 50 ticked up 0.09% to 2677, the English FTSE 100
climbed 0.35% to 6568 and the German DAX gained 0.1% to 8221.
In Asia, the Chinese Hang Seng drifted higher by 0.12% to 21303.
The Tokyo Stock Exchange was closed for Marine Day.
Follow Adam Samson on Twitter @adamsamson.
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2/4

7/15/13

S&P Notches Record High in Eight-Day Winning Streak | Fox Business

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Got Sunblock? How About Datawinning streak to eight days, as traders Security?
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Stock Mar k et Clos es Higher As Citi, Other Bank s Lead

Tech and Mobile Tak e Center Stage on Wall Str eet This
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7/17/13

Sensex trims some early gains; up 78 points in late morning deals - The Hindu

Business Markets
Published: July 17, 2013 10:13 IST | Updated: July 17, 2013 14:20 IST

Sensex trims some early gains; up 78 points in late morning deals


PTI

Erasing some of the early gains, the BSE benchmark Sensex was trading higher by 78 points in late morning deals on
buying mainly in FMCG, power, IT and consumer durable sectors, following governments decision to relax FDI rules
for a number of sectors.
Telecom stocks rose after the government announced increase in FDI ceiling in the telecom services sector to 100 per
cent from 74 per cent, with Idea Cellular hitting record high and Reliance Communications hitting 52week high.
Reliance Communications rose 2.43 per cent to Rs 149.45 after striking 52week high of Rs 151.25 in intraday trade
today. Bharti Airtel (up 1.56 per cent), Tata Teleservices (Maharashtra) (up 6.5 per cent) and MTNL (up 2.38 per
cent).
Gainers from other sectors were Dr Reddys Lab 1.97 per cent followed by TCS 1.52 per cent, ITC 1.46 per cent, BHEL
1.45 per cent, M&M 1.45 per cent, Tata Power 1.40 per cent, NTPC 1.22 per cent and RIL 1.10 per cent.
The BSE benchmark Sensex resumed higher at 19,928.95 and firmed up further to 19,970.02. But, it declined
afterwards to 19,915.11 before quoting at 19,929.14 at 1030hrs, still showing a gain of 77.91 points of 0.39 per cent
from its last close.
The NSE 50share Nifty also moved up by 19.90 points or 0.33 per cent to 5,975.15 at 1030hrs.
Asian shares were mostly lower in their early trade on caution as twoday congressional testimony from Federal
Reserve Chairman Ben Bernanke begins today. Key benchmark indices in China, Japan, Taiwan and Singapore were
down 0.34 per cent to 0.58 per cent while indices in Hong Kong, South Korea and Indonesia were up 0.23 per cent to
0.81 per cent.
Keywords: Sensex, BSE, Nifty, NSE, Indian stock markets, opening trade
Printable v ersion | Jul 1 8, 2 01 3 6:53 :51 AM | http://www.thehindu.com /business/m arkets/sensex-trim s-som e-early -gains-up-7 8-points-in-late-m orningdeals/article4 9 2 3 3 2 8.ece
The Hindu

www.thehindu.com/business/markets/sensex-trims-some-early-gains-up-78-points-in-late-morning-deals/article4923328.ece?css=print

1/1

7/17/13

Stocks Tilt Higher on Dovish Bernanke Comments | Fox Business


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Wall Street climbed mildly on Wednesday as traders reacted to

Shar e

remarks suggesting economic developments will guide the Fed's

0 Com m ents

timetable for trimming down its bond buying.

Like

Today's Markets
Tw eet

The Dow Jones Industrial Average climbed 18.7 points, or 0.12%, to

Shar e

15471, the S&P 500 gained 4.7 points, or 0.28%, to 1681 and the
Nasdaq Composite advanced 11.5 points, or 0.32%, to 3610.
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beacons if asked as fire probed
5

BAC

IBM

Little Economic Impact of Bew are of Fake Hotel WiHigher Capital


Fi
Requirements for
Banks?

The S&P 500 snapped an eight-day winning streak on Tuesday,


receding from record highs amid hawkish commentary from a key
Federal Reserve official. The focus was expected to remain squarely
on the central bank Wednesday.

Oil Shipped by Rail, Truck as Pipelines Play


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Federal Reserve Chairman Ben Bernanke said in prepared remarks


to Congress, the central banks plans to begin trimming down its bond
buying are not "on a preset course" and QE will continue until there is
"substantial improvement" in the labor market.

194.55
+0 70

www.foxbusiness.com/markets/2013/07/17/stocks-tilt-higher-on-dovish-bernanke-comments/

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7/17/13

Stocks Tilt Higher on Dovish Bernanke Comments | Fox Business

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29.66

the Federal Reserves 12 districts, the central bank said in its

YAHOO! INC....

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anecdotal Beige Book report. Meanwhile, hiring activity was

Honeym oon Continues : Yahoo's Mayer Enjoys


Lofty Ratings

The U.S. economy is growing at a "modest to moderate" pace across

MOST POPULAR STOCKS

"measured," and price pressure remained in check.

BAC

BANK OF AMERI...

Also on the economic front, the Commerce Department reported


housing starts fell 9.9% in June to an annual rate of 836,000 units,
widely missing expectations of 959,000. It was also the lowest
reading since August 2012. Housing permits fell 7.5% to an annual
rate of 911,000 units, missing expectations of 1 million.

results that beat analysts' expectations on the top and bottom lines,

+1.08%

FORD MOTOR CO...

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+2.80%
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16.78
4:00 PM

430.31
4:00 PM

194.55
4:00 PM

23.54
4:00 PM

sending shares of the No. 2 U.S. bank by assets rising. Yahoo!


(YHOO) posted mixed results after the bell on Tuesday. Earnings from
American Express (AXP), IBM (IBM), Intel (INTC) and eBay
(EBAY) are due out after the closing bell.
Meanwhile, oil prices dipped 7 cents, or 0.06%, to $105.94 a barrel.
Wholesale New York Harbor gasoline sold off by 1.2% to $3.096 a
gallon. In metals, gold slumped $4.40, or 0.34%, to $1,288 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.1% to 2682, the English FTSE 100 rose
0.1% to 6563 and the German DAX gained 0.41% to 8235.
In Asia, the Japanese Nikkei 225 climbed 0.11% to 14615 and the
Chinese Hang Seng tilted higher by 0.28% to 21372.
Follow Adam Samson on Twitter @adamsamson.
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7/18/13

Sensex retraces 20000-mark - The Hindu

Business Markets
Published: July 18, 2013 17:19 IST | Updated: July 19, 2013 00:40 IST

Sensex retraces 20000-mark


Special Correspondent

HDFC Bank, Infosys and ONGC shine as realty, banking and consumer durables stocks appreciate.

PTI

Stock market indices surged on Thursday on better-than-expected corporate results, which helped banking stocks
that were going down in the last few days, to recover on the back of Axis Banks first quarter results.
The S&P BSE Sensex closed above the 20000-mark again with a gain of 179.68 points.
Realty stocks, which were hammered in the downturn in the last few days, gained the most with 2.53 per cent followed
by banks 2.04 per cent, consumer durables 1.72 per cent, PSUs 1.50 per cent, capital goods 1.49 per cent and oil & gas
1.31 per cent. All sectoral indices ended in the positive territory.
On the National Stock Exchange (NSE), the 50-share Nifty closed at 6038.05 with a gain of 64.75 points.
The measures taken by the government and the Reserve Bank of India (RBI) lifted sentiment and made short-sellers
go for cover. Axis Bank results, which were above street expectations, too, lifted the sentiment.
Niftys next resistance is at 6120 and support at 5980, said Kishor P. Ostwal, CMD, CNI Research Ltd.
The markets moved up smartly after some negative concerns eroded following the measures announced by the RBI on
Monday by raising short-term interest rates to stem the fall of rupee, which resulted in bond yields surging.
33 paise drop in rupee
Meanwhile, the rupee depreciated further on Thursday as it closed at 59.67/68 a dollar compared to its previous close
of 59.34/35.
In the offshore non-deliverable forwards (NDF), the one-month contract was at 60.08 and the three-month contract
was at 60.90 a dollar.
The rupee has already moved into undervalued territory on a real effective exchange rate (REER) basis.
Sensitive countries
www.thehindu.com/business/markets/sensex-retraces-20000mark/article4927885.ece?css=print

1/2

7/18/13

Sensex retraces 20000-mark - The Hindu

So far, the RBI has not intervened aggressively to support the rupee, said a report of Macquarie Research.
Indonesia, India and to a lesser extent the Philippines, are the most sensitive countries in Asia to further outflows.
In the case of India, flows to market cap seem to be close to historical highs and ongoing external account pressures
and ensuing currency weakness could force foreign selling.
Macquarie Research also said that any disruption globally or another round of dollar strengthening and rising
treasury yields in a short span could result in rupee weakening by a further 5-7 per cent from the current levels.
Keywords: Sensex, BSE, Nifty, NSE, Indian stock markets, closing trade
Post Comment
Printable v ersion | Jul 1 9 , 2 01 3 4 :1 2 :3 9 AM | http://www.thehindu.com /business/m arkets/sensex-retraces-2 0000m ark/article4 9 2 7 885.ece
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2/2

7/18/13

Dow, S&P 500 close at record highs, up 19% in 2013 - Jul. 18, 2013

Dow, S&P 500 at record highs, up 19% in 2013


By Hibah Yousuf @CNNMoneyInvest July 18, 2013: 4:51 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Investors pushed the Dow and S&P 500 into record territory once again Thursday, as they welcomed a batch of strong earnings
and a drop in jobless claims.
The Dow Jones industrial average gained 78 points, or 0.5%, to end at a record closing high of 15,548.54. The S&P 500 also rose
0.6% and finished at a record closing high. Earlier, both indexes rose to fresh all-time trading highs.
While the Dow and S&P 500 gained traction, the Nasdaq lagged, gaining only a handful of points for the day. The tech-heavy
index was weighed down by poor performing stocks like eBay and Intel.
Despite the minimal uptick, the Nasdaq still managed to close at its highest level since September 2000.
All three indexes are up sharply for the year.
The Dow and S&P 500 have gained nearly 19% while the Nasdaq has rallied almost 20%. (Click here for more on stocks, bonds,
commodities and currencies)
Healthy earnings propel stocks: IBM ( IBM, Fortune 500) shares climbed after the tech stalwart reported a 3% jump in net
income for the second quarter, to $4.3 billion, excluding special charges. IBM also raised its outlook for the year. The company's
stock was among the top performers in the Dow Thursday.
Shares of Morgan Stanley ( MS, Fortune 500) jumped after the financial firm reported a quarterly profit in line with estimates,
though revenue beat forecasts. Shares of rival banks including Bank of America ( BAC, Fortune 500), JPMorgan Chase ( JPM,
Fortune 500) and Goldman Sachs ( GS, Fortune 500) also increased sharply.
UnitedHealth Group ( UNH, Fortune 500) also reported earnings above forecasts and improved its outlook. Shares of the
insurance giant were among the the best performing in the S&P 500.
"A lot of these earnings are stepping over an extremely low bar, but still stepping over the bar, which is reason for some
optimism," said Kim Forrest, senior equity analyst at Fort Pitt Capital Group.
Related: Fear & Greed Index, still greedy

In other earnings news, Verizon (

VZ, Fortune 500) reported a 21% jump in quarterly net income from a year earlier. But shares

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1/3

7/18/13

Dow, S&P 500 close at record highs, up 19% in 2013 - Jul. 18, 2013

of the company dipped due to a worse-than-expected wireless service profit margin.


Nokia's (
earlier.

NOK) stock price dropped after the Finnish phone maker reported a 24% plunge in quarterly sales from a year

Late Wednesday, Intel ( INTC, Fortune 500) reported second-quarter profits that fell 29% versus a year prior, sending shares
lower. The company also said it expects revenue to be flat this year, after previously forecasting a modest increase.
eBay ( EBAY, Fortune 500) shares dropped 7% after the online auction site offered third quarter projections below analysts'
expectations.
After the closing bell Thursday, both Google ( GOOG, Fortune 500) and Microsoft (
than-expected earnings results, sending shares sharply lower in after-hours trading.

MSFT, Fortune 500) delivered worse-

Death of the PC claims more victims


Aside from earnings, Dell ( DELL, Fortune 500) shares rose during the trading day Thursday after the company postponed the
final vote on its pending $24.4 billion buyout offer from founder Michael Dell and private equity firm Silver Lake in an effort to
"solicit further shareholder votes," according to comments made by special committee member Alex Mandl.
Shares of Boeing ( BA, Fortune 500) rose, recovering from last week's slide following the 787 Dreamliner fire at London's
Heathrow Airport. Investors were relieved after Boeing said that it could remove the emergency locator beacon that British
regulators identified as the most likely origin of the fire.
Related: Favorite stocks of high speed traders

Jobless claims drop: Initial jobless claims declined more than expected to 334,000 for the week ended July 13, the lowest level
since early May. Claims were expected to drop to 348,000, according to Briefing.com's consensus of economist forecasts.
The four-week moving average, which smooths out some of the volatility in the weekly reading, also declined slightly. Over the
past few months, it's been hovering near levels not seen since 2008.
Investors were also encouraged by a separate report that showed manufacturing activity in the Mid-Atlantic region expanded at
a faster pace than analysts projected.
Bernanke: Bernanke appeared before the Senate Banking Committee Thursday. He testified before the House Financial
Services Committee on Wednesday, reiterating that the Fed will keep its stimulus policies in place for as long as necessary.
-- Additional reporting by Katie Lobosco and Wenqian Zhu.
First Published: July 18, 2013: 9:43 AM ET

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Wall Street Climbs into Uncharted Territory | Fox Business


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The Dow and S&P 500 climbed to fresh record highs on Thursday as

Shar e

traders responded to encouraging economic data, corporate reports,

Com m ents

and Fed commentary.

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Recom m end
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Today's Markets
According to preliminary calculations, the Dow Jones Industrial

RELATED STOCKS

NYSE:MS
NYSE:UNH
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Average climbed 76.7 point, or 0.49%, to 15546, the S&P 500


gained 8.2 points, or 0.49%, to 1689 and the Nasdaq Composite
rose 0.23 point, or 0.00%, to 3610.
It was a busy day for Wall Street, with several high-profile firms report
second-quarter earnings and two key data reports out.

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On the economic front, the Labor Department said claims for first-time
jobless benefits fell to 334,000 from a downwardly revised 358,000.
Economists expected claims to fall to 345,000 from an initially
reported 360,000. The Philadelphia Federal Reserves measure of
manufacturing in the U.S. mid-Atlantic region jumped to 19.8 in July
from 12.5 in June, beating expectations it would fall to 7.8.

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7/18/13

Wall Street Climbs into Uncharted Territory | Fox Business

Morgan Stanley (MS), the investment-banking heavyweight, posted


profits and revenues that topped Wall Street's expectations. Verizon
Communications (VZ) weighed in with a beat on the bottom line
pared with top-line results that matched analysts' expectations.
UnitedHealth (UNH), the blue-chip health insurer, also posted betterthan-expected profits, but sales came in shy of estimates.
Federal Reserve Chairman Ben Bernanke told the Senate Banking
Committee that the central bank will "normalize" its monetary policy in
three steps. The first step involves tapering its bond purchases, then
the Fed will analyze incoming economic data, and then, finally, it will
begin hiking interest rates from historically low levels.
In commodities, oil prices fell 7 cents, or 0.07%, to $106.41 a barrel.
Wholesale New York Harbor gasoline dipped 0.84% to $3.084 a
gallon. Gold climbed $3.40, or 0.27%, to $1,282 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.09% to 2684, the English FTSE 100 gained
0.36% to 6595 and the German DAX fell 0.06% to 8250.
In Asia, the Japanese Nikkei 225 rallied 1.3% to 14809 and the
Chinese Hang Seng tilted lower by 0.12% to 21345.
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7/24/13

Sensex surges on Asian cues - The Hindu

Business Markets
Published: July 23, 2013 16:49 IST | Updated: July 23, 2013 23:01 IST

Sensex surges on Asian cues


Special Correspondent

The S&P BSE Sensex surged to its highest close in two-and-a-half years as investors shifted to defensive stocks such as
consumer durables in an uncertain economic environment where current account deficit remains high and the rupee
continues to rule weak against the dollar.
The BSE 30-share sensitive index, Sensex, closed at 20302.13 with a gain of 143.01 points.
Stocks of consumer durables gained the most with 3.85 per cent followed by fast moving consumer goods (FMCG) 1.53
per cent, realty 1.42 per cent and banks 1.29 per cent. All sectoral indices ended in the positive territory.
Investors are worried about the move of the Reserve Bank of India (RBI) in the forthcoming policy review.
However, they are comfortable with RBIs further restrictions on gold imports as it would help bring down the
widening current account deficit.
Among the broader indices, BSE 100 gained 0.71 per cent, BSE 200 0.64 per cent and BSE 500 0.59 per cent.
The BSEs mid-cap stocks gained 0.06 per cent, but small cap was down 0.10 per cent.
On the National Stock Exchange (NSE), the Nifty closed at 6077.80 with a gain of 46 points.
Ahead of expiry of Futures & Options we saw selective buying in banking, FMCG and information technology stocks.
The mood is cautiously optimistic and the cues we are getting from Asian markets and Japanese are positive. It
helped the market enter a new orbit above 6000 level, said Alex Mathews, Research Head, Geojit BNP Paribas.
We may see the market moving to the 6180 level in the near future, Mr. Mathews added.
Rupee drops 4 paise
The rupee was trading in a narrow range. Even the weakness in the value of dollar in international markets could not
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Sensex surges on Asian cues - The Hindu

help the rupee, said Mr. Mathews.


The rupee closed at 59.76/77 a dollar compared with its previous close of 59.72/73. It touched an intra-day low of
59.87.
Keywords: Sensex, BSE, NSE, Nifty, stock market, closing trade
Post Comment
Printable v ersion | Jul 2 4 , 2 01 3 1 1 :4 7 :3 5 AM | http://www.thehindu.com /business/m arkets/sensex-surges-on-asian-cues/article4 94 52 2 2 .ece
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7/24/13

S&P Falls From Record High; United Tech Lifts Dow | Fox Business
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The broad S&P 500 fell from record highs on Tuesday, but rallying

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United Technologies shares lifted the blue-chip average.

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According to preliminary calculations, the Dow Jones Industrial


Average climbed 22.6 points, or 0.15%, to 15568, the S&P 500

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dipped 3.1 points, or 0.18%, to 1692 and the Nasdaq Composite


declined 21.1 points, or 0.59%, to 3579.
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sales that were shy of expectations. Netflix (NFLX) also posted


mixed results, and worrisome subscriber figures sent the stock

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plummeting.
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S&P Falls From Record High; United Tech Lifts Dow | Fox Business

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AAPL

-3.22
418.99

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TXN

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+1.51

Ahead of the start of trading in New York, DuPont (DP) revealed


slightly better-than-expected bottom-line results, but disappointing
sales figures. The biggest U.S. chemical company said it could sell its
paint pigment business as it looks to lean itself out.

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Travelers' (TRV) quarterly profits and sales handily beat


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FORD MOTOR CO...

The economic calendar is bare on the day. However, it fills up later in


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reports all on tap.

FB

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Commodity markets were broadly lower. The benchmark U.S. crude


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SJT

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Wholesale New York Harbor gasoline fell 0.65% to $3.035 a gallon. In


metals, gold slumped $9.20, or 0.69%, to $1,328 a troy ounce.
Foreign Markets
The Euro Stoxx 50 climbed 0.52% to 2739, the English FTSE 100
rose 0.26% to 6640 and the German DAX gained 0.25% to 8352.
In Asia, the Japanese Nikkei 225 jumped 0.82% to 14779 and the
Chinese Hang Seng soared 2.3% to 21915.
Follow Adam Samson on Twitter @adamsamson.
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7/24/13

Dow ekes out another record high - Jul. 23, 2013

Dow ekes out another record high


By Ben Rooney @CNNMoneyInvest July 23, 2013: 5:13 PM ET

Click for more market data.

NEW YORK (CNNMoney)

The Dow was able to notch another record high Tuesday, but the broader market was mixed as investors weighed the latest
corporate results against a weak regional manufacturing report.
The Dow Jones industrial average gained nearly 0.2%, ending at an all-time high of 15,568.
The S&P 500 fell 0.2%, after earlier touching a new record high and coming within a few points of 1,700. The Nasdaq fell 0.6%.
Stocks opened broadly higher as investors focused on solid corporate reports, but the momentum faded after an index of June
manufacturing activity from the Federal Reserve Bank of Richmond plunged 11 points.
After a pullback in June, stocks have resumed their march higher this month. So far this year, the major indexes are all up about
19%.
Stocks are being underpinned by expectations that the Federal Reserve will continue to keep the market awash in liquidity, said
Doug Roberts, chief market strategist at Channel Capital Research.
Fed chairman Ben Bernanke told lawmakers last week that there is no "preset course" for the central bank's $85 billion-permonth bond buying program.
"Bernanke is the 900 lb. gorilla in the room," said Roberts. "As long as he keeps pumping money, then the risk trade is still in
effect."
Click here for more on stocks, bonds, commodities and currencies

Earnings parade: Nearly 160 companies in the S&P 500 are slated to report quarterly results this week. So far, the bulk of the
reports have matched or topped analysts' low expectations.
"Earnings will continue to dominate the news the next two weeks," said David Brown, chief market strategist at Sabrient
Systems. He said weak results last week from Microsoft ( MSFT, Fortune 500), Google ( GOOG, Fortune 500) and Intel
( INTC, Fortune 500) have "put a pox on the technology sector."
Apple ( AAPL, Fortune 500) bucked the trend. After the market closed, Apple said it earned $6.9 billion, or $7.47 per share, on
sales of $35.3 billion in the company's third quarter. Compared with last year, earnings were down nearly 20%.
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7/24/13

Dow ekes out another record high - Jul. 23, 2013

Still, Apple's results were better than expected. Analysts had predicted earnings of $7.32 and $35 billion in revenue, according
to estimates from Thomson Reuters.
Apple shares gained about 0.5% in extended trading after ending the day down 1.7%.
Also after the market closed, AT&T (
lower.

T, Fortune 500) reported earnings that missed estimates by one penny. Shares edged

Among the companies that reported Tuesday morning, earnings were better than feared, but revenue growth was generally
tepid.
UPS ( UPS, Fortune 500) reported earnings in line with its preliminary expectations. The packing and shipping company said
volume in the U.S. and internationally grew, even as revenue came in slightly below forecasts.

UPS' weak report no surprise


Shares of United Technologies (
year.

UTX, Fortune 500) were up after the aerospace supplier raised its earnings outlook for the

DuPont ( DD, Fortune 500) reported earnings that beat forecasts but revenue fell short, which the company blamed on
slipping chemical sales and economic headwinds in Europe and Asia.
Travelers (

TRV, Fortune 500) reported a boost in quarterly profit, citing "lower catastrophe losses."

Texas Instruments ( TXN, Fortune 500) shares rose after the semiconductor maker reported quarterly earnings that came in
ahead of expectations.
Lockheed Martin (
Wendy's (

LMT, Fortune 500) said net income rose 10% in the second quarter, despite a 4% drop in revenue.

WEN) reported better-than-expected earnings and announced plans to sell 425 company-owned restaurants.

Related: Fear & Greed Index, still greedy

Netflix (
quarter.

NFLX) shares sank one day after the streaming-video service added fewer subscribers than expected in the second

Meanwhile, Cisco ( CSCO, Fortune 500) announced plans to buy cybersecurity company Sourcefire (
(Cybersecurity stocks rally)

FIRE) for $2.7 billion.

Shares of TheStreet ( TST) briefly rose above $2 after CNNMoney reported that private equity firm Spear Point is pushing for
a sale of the company, and has positioned itself as a bidder.
World markets: European markets reversed course late in the day and ended lower, while Asian markets ended with gains.

money.cnn.com/2013/07/23/investing/stocks-markets/index.html?iid=HP_LN

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7/24/13

Historic market rise underway- MSN Money

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Historic market rise underway
The recent string of consistent gains is a rare ev ent not seen in nearly 20 years.
By Anthony Mirhaydari 12 hours ago
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The stock market's performance this month has been


one for the record books. After May's overenthusiasm, a
two-month 6.4% pullback into June's low was all it took to
recharge the batteries, clear out extreme sentiment, and
clear the way for a run to new all-time highs.
Professional traders loaded up in late June, piling into
futures and options contracts that would pay big as the
Dow Jones Industrial Average marched towards the
16,000 level and the S&P 500 charged towards 1,700.
Since June 25, the S&P 500 has moved higher 16 out of
19 sessions for a gain of nearly 8%. The two most recent
losses were less than 0.4%. Not only have the price
gains been consistent, there has been broad
participation.
Add it all up, and the evidence suggests the gains will
continue.
Returning to price, the folks at SentimenTrader note that the last time stocks posted such a consistent string of
gains was back in 1995 (in March and again in September of that year). Six months later, the market was up
another 13% on average. A year later, the average gain was more than 22%.
The performance was more mixed for examples in the 1960s and 1970s. So it's not a slam dunk analogue.

STOCK SCOUTER
StockScouter rates stocks from 1 to 10, with 10 being
the best, using a system of advanced mathematics to
determine a stock's expected risk and return. Ratings
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As for breadth, performance after a surge like we've seen has historically been more consistently positive. Since
1950, there have been 20 occurrences where market breadth has been as strong as it was in early July. In all 20,
stocks were higher a year later by an average of 22%.
Now, to be clear, this is just looking at the market. The economy has its own issues. There are still unresolved
structural issues with the government's finances, long-term entitlement obligations, the infrastructure deficit, the
hollowing out of the middle class, overreliance on cheap money stimulus, and on and on.

money.msn.com/top-stocks/post--historic-market-rise-underway

What happened in
June?
7/8/13

2:40

CEOs, not the Fed, are


to blame for slow growth
6/24/13

2:40

1/5

7/24/13

Historic market rise underway- MSN Money

But for now at least, Dow 16,000 and S&P 1,700 look achievable before the fiscal fights return to Washington in
September.
Right now, an area of great potential are metals and mining stocks, represented by the Metals & Mining SPDR
(XME +2.61%). With cyclical, economically-sensitive stocks enjoying a surge of buying pressure, the XME is
breaking up and out of a long multi-month downtrend.

Is the market getting


more volatile?
6/18/13

Gas Prices: Up or
Down?

2:11

6/3/13

1:53

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ABOUT
Top Stocks provides analysis about the most
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some of the best content from around the MSN Money
site and the rest of the Web.
Contributors include professional investors and
journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.

Fidelity Inv estm ents


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12:02 AM Jul 23rd

Digging into the sector, steelmakers -- which have been heavily shorted -- are popping up in a big way. Stocks like
Cliffs Natural Resources (CLF +4.13%), U.S. Steel (X +4.38%), and AKSteel (AKS +3.79%) are or look ready to
burst out of consolidation patterns on a flurry of frantic short covering. More than 36% of CLF's stock floatation has
been sold short. It's 32% for X. And it's 28% for AKS.
I'm adding CLF, X, and AKS to my Edge Letter Sample Portfolio.

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screens? http://t.co/2fpJLt8OJw
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Disclosure: Anthony has recommended XME and AKS to his clients.


Check out Anthony's new investment newsletter, the Edge, and his money management
service, Mirhaydari Capital Management. A two-week free trial has b een extended to
MSN Money readers. Click the link ab ove to sign up. Mirhaydari can b e contacted at
anthony@edgeletter.com and followed on Twitter at @EdgeLetter. You can view his
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7/25/13

Wall Street Tilts Higher After Choppy Day | Fox Business


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The markets pushed higher on Thursday after a bumpy trading day as

Shar e

market participants took stock of mixed data and corporate earnings.

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The Dow Jones Industrial Average advanced 13.4 points, or 0.09%,


to 15556, the S&P 500 rose 4.3 points, or 0.26%, to 1690 and the

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Nasdaq Composite climbed 25.6 points, or 0.71%, to 3605.


With the broad-market averages sitting near record highs, and the

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MMM

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Into Housing

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Land, Shrink the Motor City
2 Zynga Axes Gambling Plans,
Shares Drop
3 SAC Charged with Securities Fraud
4 Indian Motorcycle Takes Aim at HarleyDavidson
5

Amazon Unexpectedly Posts 2Q Loss,


Shares Slump

month near its end, market participants pointed to portfolio


See all tr ends

adjustments as the driver behind the mild losses early in the day that
eventually faded.

Bus ines s Leader s

194.61

"I dont see this as a fundamental move," said Rhino Trading Partners

VISA INC....

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QCOM

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FB

34.36

Block also said traders were gearing up for major events in coming

FACEBOOK INC...

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weeks, including the monthly jobs report and a key reading on the

Chief Strategist Michael Block. "This is profit taking, reallocation, a


breather."

manufacturing sector.

Renter Boom in Chicago


Fed Chief Race Dow n To Tw o
CEO Launches Battle to Cur e Multiple Myelom a

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1/3

7/25/13

Wall Street Tilts Higher After Choppy Day | Fox Business

Still, traders had no lack of information to parse through on the day.


Facebook (FB ) revealed quarterly results that handily topped Wall
Street expectations after the bell Wednesday. Meanwhile, Visa (V)
also posted a quarterly beat, while Qualcomm's (QCOM) profits

AAPL

APPLE INC.

FORD MOTOR CO...

matched estimates.

FB

3M (MMM) posted earnings that narrowly beat expectations ahead of

BAC

FACEBOOK INC.

the open in New York.


Meanwhile, on the economic front, report is a lagging indicator, but it

-0.46%
Today

-2.36%
Today

+29.61%
Today

+0.82%

BANK OF AMERI...

Today

BA

-0.23%

BOEING CO.

Today

438.50
4:00 PM

16.96
4:01 PM

34.36
4:00 PM

14.83
4:00 PM

106.70
4:04 PM

figures into second-quarter gross domestic product estimates.


A separate report from the Labor Department showed the number of
people filing for first-time jobless benefits last week rose to 343,000
from an upwardly revised 336,000 the week prior. Economists
expected the number to rise to 340,000 from an initially reported
334,000. The labor market has been showing signs of improvement,
but the rate of recovery has been stubbornly slow.
Commodity markets were broadly lower. The benchmark U.S. crude
oil contract dipped 52 cents, or 0.49%, to $104.87 a barrel.
Wholesale New York Harbor gasoline fell 0.87% to $3.028 a gallon. In
metals, gold ticked lower by 0.05% to $1,319 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.74% to 2732, the English FTSE 100 dropped
0.84% to 6565 and the German DAX skidded 0.86% to 8307.
In Asia, the Japanese Nikkei 225 sold off by 1.1% to 14563 and the
Chinese Hang Seng slumped 0.31% to 21901.
Follow Adam Samson on Twitter @adamsamson.
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7/29/13

Stocks step back from record highs - Jul. 26, 2013

Stocks claw back in final minutes


By Ben Rooney @CNNMoneyInvest July 26, 2013: 4:27 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Wall Street staged a comeback Friday: U.S. stocks inched higher in the final minutes of trading after being down sharply earlier
in the day.
After being down more than 150 points in the morning, the Dow Jones industrial average ended the day with a gain of 3 points.
That was just enough for the index to end higher for a fifth week.
The S&P 500 added 1 point, closing just below its all-time high. For the week, however, the S&P ended basically unchanged.
The Nasdaq gained 8 points for the day, and nearly 1% for the week.
After a pullback in June, stocks hit record highs this month as Chairman Ben Bernanke and other Fed officials downplayed
concerns about the central bank's $85 billion-per-month bond buying program.
This week, investors sifted through a slew of reports on corporate earnings and rewarded companies that beat expectations.
But the tone was cautious Friday as investors looked ahead to next week's meeting of top Fed officials and the government's
monthly jobs report.
"Investors are taking profits now and waiting to see how next week shakes out," said J.J. Kinahan, chief derivatives strategist at
TD Ameritrade. "Why take unnecessary risk heading into it?"
Click here for more on stocks, bonds, commodities and currencies

Earnings are a mixed bag: Tech shares have been the biggest drivers this week, boosted by strong earnings from Apple ( AAPL,
Fortune 500) and Facebook ( FB). But weak results from Amazon ( AMZN, Fortune 500) and Expedia ( EXPE) put pressure
on the sector Friday.
Expedia shares plunged after the online travel company plunged 24% on a worse-than-expected earnings report.
Amazon shares were lower after the online retailer posted a surprise loss. And Zynga's ( ZNGA) stock sank after the online
gaming company issued a weak outlook for the third quarter and said it's not going to pursue online gambling in the United
States.

money.cnn.com/2013/07/26/investing/stocks-markets/

1/3

7/29/13

Stocks step back from record highs - Jul. 26, 2013

But the losses were offset by shares of Activision Blizzard ( ATVI), which surged more than 21% after the maker of games such
as World of Warcraft and Call of Duty said it was striking out on its own through an $8.2 billion deal.

Starbucks reports best quarter ever


Starbucks (
sales.

SBUX, Fortune 500) shares rose after the coffee merchant delivered better-than-expected quarterly earnings and

Related: Fear & Greed Index, still greedy

Halliburton ( HAL, Fortune 500) stock rose nearly 4% after the Justice Department said the oilfield services firm would plead
guilty to destroying computer test results that had been sought as evidence in the Deepwater Horizon disaster.
Tesla Motors (

TSLA) shares gained after Deutsche Ban (

DB)k upgraded the electric car maker.

Among the companies scheduled to report next week are energy giants Exxon (
Fortune 500).

XOM, Fortune 500) and Chevron (

CVX,

More than half of the companies in the S&P 500 have reported results for the second quarter, with 66% of them topping analysts
expectations, according to S&P Capital IQ.
Earnings growth has been strongest in the financial and consumer discretionary sectors, while materials and
telecommunications companies have seen profits decline.
In economic news, the University of Michigan and Thomson Reuters said a key measure of consumer sentiment rose to 85.1 in
July, the highest level in six years.
Related: What's next for SAC?

Overseas markets: European markets ended mostly lower, though shares of Pearson (
the companies posting better-than-expected earnings.

PSO) and LVMH (

LVMHF) rose after

In Asia, Japan's benchmark Nikkei index fell by 3% as the yen strengthened. Japan's inflation turned positive for the first time in
a year, a sign that Abenomics is taking hold.
The performance on Chinese indexes was more muted. Hong Kong's Hang Seng index rose by 0.2% and the Shanghai Composite
index declined by 0.5%.

First Published: July 26, 2013: 9:49 AM ET

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Stocks step back from record highs - Jul. 26, 2013

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8/1/13

Wall Street Cheers Signs of Economic Growth | Fox Business


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FOX Business: Capitalism Lives Here

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Emerging evidence the world economy is picking up steam sent

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traders rushing into stocks and commodities on Wednesday.


2

Todays Markets

According to preliminary calculations, the Dow Jones Industrial

Average soared 126 points, or 0.81%, to 15625, the S&P 500


jumped 21.1 points, or 1.3%, to 1707 and the Nasdaq Composite

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5

Wall Street Shoots Higher as Economy


Heats Up
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The Federal Reserve said on Wednesday it would hold interest rates


at record lows, and continue buying bonds at a rate of $85 billion a
month. The move was followed Thursday morning by the European
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Wall Street Cheers Signs of Economic Growth | Fox Business

The move comes amid a backdrop of modest improvement for the


world economy. Chinas official PMI report showed the pace of
expansion in the manufacturing sector there picking up just slightly in
Outlook for Market
Momentum

July, with the gauge rising to 50.3 from 50.1. However, a private
survey from HSBC indicated the factory sector in the worlds No. 2
economy contracted at an even quicker gate in July than the month
prior. The metric slumped to 47.7 from 48.2.

Buy Consumer Staples?

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+0.92%

APPLE INC.

FB

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The Institute for Supply Managements PMI gauge jumped to 55.4 in


July from 50.9 in June, beating estimates of 52. Readings above 50
point to expansion, while those below indicate contraction.

+1.84%

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"This can probably be called a 'blow out' number," said Dan


Greenhaus, chief global strategist at BTIG. "For manufacturing, the
third quarter started on strong footing."
The Labor Department said claims for first-time jobless benefits fell to
326,000 from an upwardly revised 345,000 the week prior.
Economists expected claims to rise to 345,000 from an initially
reported 343,000. The data come out ahead of the all-important
monthly jobs report on Friday. Analysts are expecting continued, but
slow, job growth for the worlds biggest economy.
On the corporate front, ExxonMobil (XOM) revealed second-quarter
profits that were well under expectations, paired with slightly betterthan-expected revenues. Shares of the worlds biggest publicly-traded
energy company came under pressure.
Procter & Gamble (PG), the consumer products giant, unveiled
quarterly results that topped the Streets estimates. Meanwhile, the
Big Three U.S. automakers posted solid, double-digit July sales
increases. Shares of Ford (F) and General Motors (GM) both revved
up by more than 1% on the day.
Elsewhere, U.S. crude oil futures zipped higher by $2.86, or 2.7%, to
$107.89 a barrel. Wholesale New York Harbor gasoline jumped 1% to
$3.028 a gallon. In metals, gold fell $1.80, or 0.14%, $1,311 a troy
ounce.
Follow Adam Samson on Twitter @adamsamson.
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Top Stocks
S&P 500, Dow close at new highs
But the market is beginning to look ov erbought as oil prices and interest rates are on the
mov e again. Google, Apple and Facebook boost the Nasdaq.
By Charley Blaine 3 hours ago
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STOCK SCOUTER
StockScouter rates stocks from 1 to 10, with 10 being
the best, using a system of advanced mathematics to
determine a stock's expected risk and return. Ratings
are displayed on a bell curve, meaning there will be
fewer ratings of 1 and 10 and far more of 4 through 7.
647

Let's all cheer for the stock market's performance


Thursday -- because, as good as the rally was, the
market is starting to look toppy.
Yes, the Standard & Poor's 500 Index ($INX) topped
1,700 for the first time ever. The Dow Jones Industrial
Average ($INDU +0.83%) finished at a new high, with its
best daily performance in more than three weeks.
Facebook (FB +1.87%) traded above its $38 IPO price for
much of the day, but faded in late trading. Yelp (YELP
+23.21%) jumped 23%.
Fueling the rally were the Federal Reserve's signal on
Wednesday, that it's not planning to push interest rates
higher any time soon, and decent news Thursday on
jobless claims and auto sales. In addition, the Institute
for Supply Management's U.S. manufacturing index
expanded at the fastest pace in two years in July, and
Chinas Purchasing Managers Index beat expectations.
But a number of technical and fundamental indicators are suggesting a short-term break is coming, including
rising interest rates, oil prices and retail gasoline prices. Moreover, Thursday's good vibrations could dissipate if
Friday's jobs report disappoints.
If a pullback materializes -- August can sometimes start one -- it's not clear if a slippage will turn into something
worse. That probably will depend on two things: the economy and how the Federal Reserve reacts to it.
The Dow closed up 128 points to 15,628 -- a new closing high. Its high of 15,650.69 was an intraday high. The S&P
500 was up 21 points to 1,707, near its high for the day (and all-time intraday high) or 1,707.85. It's been flirting with
the 1,700 level for nearly two weeks. Wednesday's high was 1,698.43.
The Nasdaq Composite Index ($COMPX +1.36%) had jumped 49 points to 3,676, after hitting an intraday high of
3,674.13. Thursday's close was the best for the index since Sept. 28, 2000.

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Stock pick: Yamana Gold


It's too early to buy except as a trade, but the
company is doing what a gold miner should be doing
now.
It's time to buy this iconic American stock
Can the rally continue?
S&P 500, Dow close at new highs
Court rules in favor of retailers on debit card fee cap
Yelp garners rave reviews

Thank Google (GOOG +1.86%), which topped $900 for the first time since July 24; Apple (AAPL +0.92%), up $2.78
to $455.31 and up 9% since its July 23 earnings report; and Facebook.

Stocks set record as economy reaccelerates

The rally was in fact quite broad: 24 of the 30 Dow stocks were higher, along with about 440 S&P 500 stocks and 86
stocks in the Nasdaq-100 Index ($NDX +1.17%). The index was up 36 points to 3,126.

VIDEO ON MSN MONEY

TOP STOCKS

The consensus for Friday's job report is an unemployment rate of 7.6% in July, unchanged from June, and possibly
200,000 job gains.

MARKET NEWS

Here are the headwinds that are building up:


Oil prices are rising.
Crude oil (-CL) in New York was up $2.64 to $107.67, its biggest percentage gain since July 10. Brent crude had
gained $1.78 to $109.48. The 1.7% gain was the biggest since May 2.

Detroit Bankruptcy:
How'd It Happen and
7/29/13

2:27

Gold's Wild Ride


7/22/13

2:00

Interest rates are higher.


The 10-year Treasury yield was at 2.695%, up from 2.593% on Wednesday and 1.6% in May. The Fed has said it

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S&P 500 Dow close at new highs- MSN Money

plans to keep its key federal funds rate at ultra-low levels, but the bond market controls longer-term rates. When the
Fed starts to taper -- or trim -- its monthly bond purchases, it's not clear how the bond market will react. A quick runup in interest rates could stall a lot of economic activity.
Momentum indexes suggest stocks are nearing overbought levels.
The most important on Thursday was the MACD divergence line for the S&P 500. It dropped below zero on
Thursday, typically a sell signal.

What happened in
June?
7/8/13

2:40

CEOs, not the Fed, are


to blame for slow growth
6/24/13

The headwinds are building, suggesting -- but not guaranteeing -- that a pullback is coming.

2:40

1 of 15

The market rally overall was fueled by industrial, financial and consumer discretionary stocks. Natural gas producer
Pioneer Natural Resources (PXD +12.53%) has been the big winner among S&P 500 stocks, up $20.29 to
$175.15. It's as big player in natural gas production in shale regions. Chesapeake Energy (CHK +7.08%) was the
third best performer.
American Express (AXP +2.52%) and Bank of America (BAC +2.40%) are the best performers among the 30 Dow
stocks. Caterpillar (CAT +1.85%) and Boeing (BA +1.52%) were also higher. Exxon Mobil (XOM -1.09%) was the

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Brutus625

2 hours ago

Here's an interesting exercise. Look up the S&P 500 index quote ($INX) on this very website. Click
on the chart and reset it for "max". From 1950-1980, the growth of the S&P looks completely
normal. After that, it all looks too big and too fake. What happened in 1985 that caused the first
quick run-up, where the index doubled in a matter of 32 months? Wasn't that around the time the
Fed started really screwing around with interest rates to make our GDP numbers and other
economic indicators look really good? Wasn't that also around the same time 401k plans were
implemented? Then, in 1995, things really took off - why? NAFTA? Greenspan?

12:07 AM Aug 01st

3 step plan for efficiently turning savings


into income: http://t.co/OpezRaQofl
3:59 PM Jul 31st

Fidelity Charitable donors surpass $1B in


grants in 2013, $15B since inception:
http://t.co/MBt8lJVDii Thanks to all who give!
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Follow @Fidelity on Twitter


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When you look at this index in totality, over the last 63 years, it is very obvious that something is
wrong
wrong,
g, and
d that
th t something
thi g unnatural
t l iis taking
t ki g place
p
place.
l
And
A d allll off you
y index
i d fund
f d iinvestors,
investors
t , who
h
More
20

CBS exec s ays Cote de


Pablo w as deter m ined t

Replies (2)

jay60

New Lew insky tape

2 hours ago

As the wall street fat cats and mega banks get fed fatter by their dope pusher, ben butski, their
favorite tool in the closet. next they will redo gdp to make it go higher and the market will take off
again. bubble bubble who got dee bubble ?.
15

Replies (1)

V_L

'Hum an Bar bie' Valer ia


Agency s ays JPMor gan
Luk yanova s tar s in docu m anipulated pow er pr ices

Trending on

2 hours ago

There isn't one single report most of America can look out their window and validate the data by.
The FACT is, that there was a printing festival today all over the world. Too bad crap-reporters like
YOU, Charley Blaine, don't produce articles that point out all the brewing storms and obvious harm
all this financial tyranny and bank buffoonery is doing. Instead of anchoring commonsense to the
Earth and working cooperatively on genuine sustaining solutions, we let ancient rich people with
drug & alcohol warped brains drive us to ruin by buying our political system and stacking the
election deck with dicks and psychopaths. YOU, Charley Blaine... will regret your lack of backbone in
your lifetime.

money.msn.com/top-stocks/post--sandp-500-dow-close-at-new-highs

2/3

8/1/13

S&P 500 Dow close at new highs- MSN Money


21

11

Replies (0)

Rumblebee15

2 hours ago

If the economy is soooo great....why are soooo many cities/states talking of bankruptcy? Wake up
America...
13

Replies (2)

DrtyRotnS0B

59 minutes ago

When the fed pulls out of the market it will be a rude awakening for everybody and I mean
everybody. What ever the fed touches it turns it to crap, there is nothing that government does or has
done that isn't left to ruin.
7

Replies (1)

happydaysboy

1 hour ago

Screw stocks, I found 2 bricks of 22LR rounds today. I'm rich!!!!


6

Replies (0)

u.s patriot

43 minutes ago

Well said Romblebee and L_V! you're both 100% right. It's going to get ugly! Americans are not
hurting enough yet, to pay attention to the most corrupt govt. in our lifetime, but they will, and
soon. And I'm referring to both parties that are now one. Their intent is to collapse our economy,
they have a much bigger agenda to fulfill!
5

Replies (0)

Someone

1 hour ago

Wall Street keeps going up and up.


2

Replies (0)

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8/1/13

Nothing 'modest' or 'moderate' about market rally - The Buzz - Investment and Stock Market News

Nothing 'modest' or 'moderate' about market rally


By Paul R. La Monica August 1, 2013: 12:42 PM ET

The S&P 500 is at its highest level ever as investors actually celebrate good
economic news. Imagine that.
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of
CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
It looks like investors have gotten over their silly worries about which M-word the Federal Reserve used to describe the
economy.
The central bank said that growth now looked "modest" as opposed to "moderate." Stocks finished Wednesday mixed
(another M-word!) as traders debated this subtle (although I would call it meaningless ... M!) change in the Fed's statement.
Related: Fed signals cautious optim ism about econom y
But Wall Street went back into rally mode Thursday. The S&P 500 topped the 1,700 lev el for the first time ever, and the
Dow also hit a new all-time high.
If you're looking for a word beginning with M to describe this seemingly never-ending bull market, it's not modest or
moderate. Try magnificent. Or marvelous. Or monumental. Mind-blowing, even.

buzz.money.cnn.com/2013/08/01/stock-market-rally/?iid=HP_LN

1/4

8/1/13

Nothing 'modest' or 'moderate' about market rally - The Buzz - Investment and Stock Market News

Can stocks keep heading higher? Even with the Dow and S&P 500 up nearly 20% this year, several fund managers are still
bullish. Here's why.
Sure, the Fed may finally start cutting back, or tapering, its bond buying program as soon as September. But it seems
investors now realize that the beginning of the end of QE is not the beginning of the end of the bull market.
As long as the Fed is only considering tapering because the job market is getting better, housing prices are heading higher
and the manufacturing sector is getting healthier, then what's the problem? Good macro news is good for the market.
"The most important thing is the economy," said Russell Croft, co-manager of the Croft Value Fund (CLVFX) in Baltimore.
"We hate days when the economic numbers are strong and the market goes down because of concerns about the Fed. We
want to see the unemployment rate going lower."
Interestingly, Thursday's rally did seem to be led by several bits of good economic news. Jobless claim s are at a 5-year
low. The ISM manufacturing index came in much higher than expected. And consumers are spending on cars and trucks.
GM (GM), Ford (F) and Toyota (TM) all reported very strong sales gains for July.
Related: Econom y pulls through federal budget cuts
Croft said that with this in mind, he is still finding stocks to buy at decent valuations. In particular, he's a fan of stocks that
can benefit from the housing rebound. He owns builder Lennar (LEN) and timber companies Weyerhaeuser (WY) and Plum
Creek (PCL).
Marty Leclerc, chief investment officer with Barrack Yard Advisors, an investment firm in Bryn Mawr, Pa., also thinks the
market can keep ralliyng. But he's a little wary.
"Confidence has definitely returned to the markets. It's almost impossible to imagine stocks going down from here. But risks
are elevated," he said.
Leclerc thinks that stocks in the U.S., while not absurdly expensive, are not as cheap as other international markets. He
thinks Europe looks attractive and thinks that the worst may be over for the eurozone economy. He said one of his top stock
picks is British-based Big Pharma company AstraZeneca (AZN).
Related: The stock m arket in Wonderland
Still, Leclerc isn't completely shying away from American stocks. He just thinks that investors need to be even more
conscious of valuations than ever and should avoid stocks that may have run up too far too fast.
He likes Mosaic (MOS), the fertilizer stock that plunged earlier this week on concerns of lower potash prices. He thinks the
sell-off was overdone.

Fertilizer stocks hit the fan


Leclerc also recommends IBM (IBM), which has trailed the broader market this year despite solid revenue and earnings
growth, and a steady dividend.
Mosaic trades for less than 8 times 2014 earnings estimates while Big Blue is valued at only about 10 times profit forecasts
for next year.

buzz.money.cnn.com/2013/08/01/stock-market-rally/?iid=HP_LN

2/4

8/1/13

Nothing 'modest' or 'moderate' about market rally - The Buzz - Investment and Stock Market News

"We're still buying stocks that have lagged. If this bull is for real, there will be a rotation to some of those out-of-favor stocks,"
he argued. "You always want to go to where the value is."
Croft agrees. He said that investors shouldn't necessarily chase performance. But he also points out that a lot of cash may
still be on the sidelines. Even though stocks have been in rally mode since the market bottomed in March 2009, many
individual investors had continued to put money into bond funds.
With the y ield on the 10-y ear Treasury now around 2.7% -- near its 52-week high -- investors may look to sell more bonds
and shift back into stocks.
"There were tons of outflows from stocks before this year. People may still be just nibbling at the market," Croft said.
So even if the bull is getting tired, he may not be ready to rest just yet. But again, it all depends on the economy.
Friday's jobs report will be a big test for the market. If more jobs are added than expected and the unemployment rate goes
down, hopefully the market will celebrate ... even if it means that the Fed will be one step closer to finally unwinding QE.
Reader Com m ents of the Week! I love me some pop culture. Two Twitter followers win this coveted (#sarcasm) honor for
paying homage to one of the most quotable TV shows and movies ever.
I tweeted earlier this week about how Tim Cook's job was now probably safe since Apple's (AAPL) stock was back over
$450. But I quickly added that this was a joke. Cook probably has nothing to worry about since nobody related to The Boss
(as in the late owner of the Yankees, not Bruce Springsteen) is an Apple board member.
That prompted this awesome Seinfeld reference.

Paul R. La Monica

@LaMonicaBuzz
30 Jul
$AAPL above $450. Tim Cook off the hot seat? Was he ever really on the
hot seat? Probably not unless there's a Steinbrenner on $AAPL board.

Kevin K.

Follow

@KMKelleher

@LaMonicaBuzz Nothing a hot calzone couldn't fix!


9:45 AM - 30 Jul 2013
1 RETWEET

Costanza's in the building!


The other RCOTW winner gets the nod for knowing his Coen brothers. After noting that IHOP-owner DineEquity (DIN) was
surging on strong earnings, I asked Twitter followers earlier this week to name the movie that has this line. "We stop at
pancakes house."
The answer is Fargo. But one reader did something clever. He quoted me back another line from another Coen classic ... by
the same actor.

Paul R. La Monica

@LaMonicaBuzz
30 Jul
We stop at pancakes house. Name that movie for Buzz shout-out! Easy!
Strong earnings from IHOP and Applebee's owner DineEquity. $DIN up
10%.

Peter Viles

Follow

@pviles

@LaMonicaBuzz lebowski. We takes the money!


11:32 AM - 30 Jul 2013
1 RETWEET

Beware of those nihilists! Is there a Peter Stormare fan club?


buzz.money.cnn.com/2013/08/01/stock-market-rally/?iid=HP_LN

3/4

8/1/13

S&P 500 tops 1,700 for first time - Aug. 1, 2013

S&P 500 tops 1,700 for first time


By Hibah Yousuf @CNNMoneyInvest August 1, 2013: 4:40 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Welcome to August! The Dow and S&P 500 rallied to new highs straight out of the gate Thursday and never looked back.
The S&P 500 climbed 1.3% and closed above 1,700 for the first time ever, while the Dow Jones industrial average advanced
0.8% to a record high.
The Nasdaq gained 1.4% to end at its highest level in almost 13 years.
Click here for more on stocks, bonds, commodities and currencies

Economic data gives a boost: Stocks have been driven by positive economic news this week, and Thursday was no different.
The Labor Department reported the number of Americans filing first-time claims for unemployment benefits fell to a five-year
low. That's good news ahead of the government's monthly jobs report, due Friday.
Economists surveyed by CNNMoney expect the economy will have added 180,000 jobs in July, and that the unemployment rate
will have ticked lower.
Related: Nothing 'modest' or 'moderate' about market rally

The Institute for Supply Management also delivered positive news Thursday. The group's monthly manufacturing sentiment
index rose to 55.4, the highest level in two years. Any number above 50 signals growth.
But a separate report from the Census Bureau showed that construction spending declined 0.6% in June, surprising analysts
who were expecting a slight rise.
Major automakers released their monthly sales results Thursday. General Motors ( GM, Fortune 500), Ford ( F, Fortune
500), Chrysler Group and Toyota ( TM), the nation's four largest automakers, had their best July since before the 2007
recession.
Investors also continued to be soothed by Indications that the Federal Reserve will not be too hasty when scaling down its
massive bond-buying program.
Related: Fear & Greed Index

money.cnn.com/2013/08/01/investing/stocks-markets/index.html?iid=mkt_SF_news

1/3

8/1/13

S&P 500 tops 1,700 for first time - Aug. 1, 2013

What's moving: Procter & Gamble (


quarter.

PG, Fortune 500) reported better-than-expected earnings and sales for its fiscal fourth

Exxon Mobil ( XOM, Fortune 500) reported quarterly earnings that fell short of forecasts, citing weaker refining margins,
while revenue topped estimates.
Royal Dutch Shell ( RDSA) shares dropped after the company reported earnings and revenue that missed estimates. The
company cited higher costs, exploration charges and challenges in Nigeria, where oil thefts and supply disruptions have hit
Shell's bottom line.
Shares of DirecTV (

DTV, Fortune 500) fell after the satellite television provider posted earnings that widely missed forecasts.

Yelp doesn't need any help


Yelp ( YELP) shares jumped more than 20% after the online review site reported a smaller-than-expected quarterly loss late
Wednesday.
Sony ( SNE) shares rose after the company reported first-quarter results showing a 13% jump in sales compared with the same
quarter a year earlier. The revenue boost was largely the result of a weaker yen and stronger smartphone sales.
Related: Facebook investor: I'm buying more

Shares of J C Penney ( JCP, Fortune 500) slipped again following a 10% sell-off Wednesday. The retailer issued a statement
early Thursday disputing reports that CIT ( CIT, Fortune 500) had cut off some of the credit to its suppliers due to concerns
about Penney's ability to pay them. However, an analyst for Citigroup cut her recommendation on the stock to a "sell" from
"neutral."
Meanwhile, shares of Sprout Farmers Market (
After the closing bell, LinkedIn (
in after-hours trading.

SFM) more than doubled from their IPO price on their first day of trading.

LNKD) reported better-than-expected results and boosted its full-year forecast. Shares rose

Best of StockTwits: On any given day, the chatter on StockTwits centers around high-profile stocks in the news and on the
move. Here's a look at some of them.
Visa ( V, Fortune 500) shares staged a rebound a day after tumbling more than 7%. The card giant's shares took a big hit
Wednesday after a Washington D.C., district court judge ruled that the limit on debit card swipe fees that were implemented
with the 2010 Dodd-Frank law were too high.
gabbs: I love panic-sells/mini-crashes caused by over reaction to news. The best way to grab cheap shares.$V
RottenAl: 3Xs daily volume in $V. Get it all out of your system boys. Judge ruling must mean co is worth 10% less, right? Not.
It was also all about the social media stocks on StockTwits, with Facebook (
hottest topics.
money.cnn.com/2013/08/01/investing/stocks-markets/index.html?iid=mkt_SF_news

FB), Trulia (

TRLA) and others among the

2/3

8/1/13

S&P 500 tops 1,700 for first time - Aug. 1, 2013

joshing: Mobile web bubble $Z $TRLA $YELP $FB $LNKD .. Party like its 1999 but with smartphones and apps with mobile
ads!!!
Facebook shares were in particular focus after topping their IPO price of $38 per share for a second day in a row.
MacToney: $FB I hate this stock, but love money more, going long on push above 38
duke2duke: $FB If I was big money I would jump in now, because this stock is not going the lower support of two weeks ago... no
chance. Bullish

First Published: August 1, 2013: 9:49 AM ET

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Stocks Post Weekly Gains as Traders Ponder U.S. Economy | Fox Business
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sense of varying accounts of the strength of the world's biggest


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The U.S. economy added 162,000 jobs in July, a slimmer gain than
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stubbornly-slow job growth.


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1/4

8/2/13

Stocks Post Weekly Gains as Traders Ponder U.S. Economy | Fox Business

"The reality of a still mediocre economy was evident in todays payroll


figure," said Peter Boockvar, chief market analyst at The Lindsey
Group.
Echoing that view, Peter Newland, an economist at Barclays, wrote to
clients that the dip in the jobless rate "was the beginning and end of
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to figure out when the Federal Reserve will begin tapering its vast
bond-buying program and eventually hike interest rates. The central
bank has repeatedly said it plans on starting to push overnight rates
higher when the jobless rate moves down to around 6.5%.
The Commerce Department said consumer spending climbed 0.5%
in June from May, matching Wall Streets expectations. Personal
income inched up by 0.3%, slightly shy of estimates of a 0.4%
increase.
A separate report from Commerce showed orders placed with U.S.
factories rising 1.5% in June, falling short of estimates of 2.3%. The
move was led by a big increase in the transportation segment.
On the corporate front, AIG (AIG) posted better-than-expected
quarterly profits and resumed its dividend for the first time since the
financial crisis. Dell's(DELL ) special committee and a buyout group
led by founder Michael Dell and private-equity firm Silver Lake
Partners reached a fresh deal ahead of a key shareholder vote.
Elsewhere, gold prices tumbled $25.10, or 1.9%, to $1,286 a troy
ounce. Oil dipped 19 cents, or 0.18%, to $107.70 a barrel. Wholesale
New York Harbor gasoline slumped 0.53% to $3.012 a gallon.
Foreign Markets
The Euro Stoxx 50 rose 0.11% to 2812, the English FTSE 100
dipped 0.22% to 6667 and the German DAX climbed 0.1% to 8419.
In Asia, the Japanese Nikkei 225 surged 3.3% to 14466 and the
Chinese Hang Seng drifted higher by 0.46% to 22191.
Follow Adam Samson on Twitter @adamsamson.
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8/8/13

Sensex rises 124 points - The Hindu

Business Markets
Published: August 8, 2013 17:12 IST | Updated: August 8, 2013 19:03 IST

Sensex rises 124 points


PTI

Brokers said investors covering pending positions before a long weekend The Hindu
and buying in stocks available at attractive levels mainly pushed up the market.

Snapping two-day losing streak, the BSE benchmark Sensex on Thursday rose over 124 points on emergence of buying
support amid rupee gaining strength and global markets witnessing positive trends.
The Sensex gained today 124.46 points, or 0.67 per cent, to close at 18,789.34, led by metal, realty and power sectors.
It had lost over 517 points in the previous two sessions.
Of 30 Sensex stocks, 21 stocks gained, including by Tata Steel, Infosys, TCS, Cipla, Bharti Airtel, BHEL, Coal India,
HDFC Bank, Hindalco Industries, Jindal Steel, Sterlite Industries and Tata Power.
The broad-based National Stock Exchange index Nifty rose today by 46.55 points, or 0.84 per cent, to end at
5,565.65.
SX40 index, the flagship index of MCX-SX, closed at 11153.85, up 81.09 points, or 0.73 per cent.
Brokers said investors covering pending positions before a long weekend and buying in stocks available at attractive
levels mainly pushed up the market.
The firming rupee and better trend in global markets further supported the uptrend, they added.
Shares of drug major Ranbaxy Laboratories jumped 27.49 per cent to Rs 359.50. The company had narrowed net loss
for the second quarter of the fiscal.
Recent losers in auto and realty sectors were back in demand at prevailing lower levels. Maruti Suzuki spurted 3.89
per cent, followed by Mahindra and Mahindra (2.42 per cent), Bajaj Auto (0.34 per cent) and Hero MotoCorp (1.14
per cent).
The auto sector index gained 1.38 per cent to 10,215.33.
The metal sector index gained the most by rising 2.61 per cent to 6,855.54, followed by realty (2.35 per cent), power
(1.42 per ent) and Tech (0.90 per cent).
www.thehindu.com/business/markets/sensex-rises-124-points/article5003610.ece?css=print

1/2

8/8/13

Sensex rises 124 points - The Hindu

The BSE will remain closed tomorrow for Id-ul Fitr


Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Post Comment
Printable v ersion | Aug 9, 2 01 3 1 :2 6 :2 9 AM | http://www.thehindu.com /business/m arkets/sensex-rises-1 2 4 -points/article5003 61 0.ece
The Hindu

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8/8/13

Wall Street Snaps Three-Day Losing Streak | Fox Business


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U.S. oil prices dipped 19 cents, or 0.18%, to $104.18 a barrel.
Wholesale New York Harbor gasoline rose 0.15% to $1.875 a gallon.
Gold ticked up $2.60, or 0.2%, to $1,288 a troy ounce.
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The Euro Stoxx 50 climbed 0.8% to 2817, the English FTSE 100 rose
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8/13/13

Sensex logs best gain in month, surges 283 pts on rupee optimism - The Hindu

Business Markets
Published: August 13, 2013 10:13 IST | Updated: August 13, 2013 19:32 IST

Sensex logs best gain in month, surges 283 pts on rupee optimism
IANS

The benchmark S&P BSE Sensex today rose by 283 points, its best daily gain in a month, on optimism about the
rupee after the government took more steps to curb the burgeoning current account deficit.
Realty, bank and auto stocks led the gains amid strong global cues coupled with capital inflows.
The 30share Sensex resumed lower and dipped to 18,864.81, triggered by weak June industrial output data released
after trading hours yesterday. Helped by valuebuying, the index recovered to settle at 19,229.84, a gain of 282.86
points, or 1.49 per cent.
On July 12, the Sensex had risen by 282.41 points.
The 50share Nifty on the National Stock Exchange firmed up by 86.90 points, or 1.55 per cent, to a oneweek high
of 5,699.30. The SX40 index on the MCXSX added 149.2 points, or 1.33 per cent, at 11,408.14.
The Index of Industrial Production for June contracted 2.2 per cent, while retail inflation was slightly lower at 9.64
per cent in July, from 9.87 in the previous month.
This economic slowdown, along with easing inflation, is triggering hopes for rate cuts in near term. Ratesensitive
stocks were surging high in todays trade, said Rakesh Goyal, senior vice president at Bonanza Portfolio Ltd.
Finance Minister P Chidambaram yesterday announced a slew of measures, including easier overseas borrowing
norms, to fetch an additional USD 11 billion and check the CAD. As part of those steps, the government today
increased import duty on gold, silver and platinum to 10 per cent.
The rupee recovered to 61.17 against the dollar, compared with yesterdays close of 61.27.
Of the 13 sectoral indices, 11 closed with gains. Consumer durables and metal indices fell.
Keywords: Sensex, BSE, Bombay Stock Exchange, Nifty, NSE, National Stock Exchange, closing trade
www.thehindu.com/business/markets/sensex-logs-best-gain-in-month-surges-283-pts-on-rupee-optimism/article5018323.ece?homepage=true&css=print

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8/13/13

Fed Hopes Help Lift Wall Street | Fox Business


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By Adam Samson / Pub lished August 13, 2013 / FOXBusiness

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FOX Business: Capitalism Lives Here

Pr int
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Optimism the Federal Reserve will only slowly pare back its massive

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bond-buying operation pushed Wall Street into the green on Tuesday.

Shar e

US AIRWAYS G...

-2.46

JCP

12.68

J.C. PENNEY...

-0.49

TRENDING IN NEWS

1 Justice Dept. Looks to Block


AMR, US Airw ay s Merger

3 Whirlpool to Buy Majority Stake in


Chinese Riv al

14.5 points, or 0.39%, to 3684.


16.36

Union Workers at
Hyundai Vote to Strike

According to preliminary calculations, the Dow Jones Industrial


4.7 points, or 0.28%, to 1694 and the Nasdaq Composite advanced

LCC

Airline Stocks in the Red

2 Tie-up Turbulence Unlikely to


Scuttle Airline Deal

Average climbed 31.3 points, or 0.2%, to 15451, the S&P 500 gained
RELATED STOCKS

Asian Markets Up

Today's Markets

0
7

Asian Markets in the


Green

4 Ackman Steps Dow n From Penney


Board
5

After a quiet start to the week on Monday, traders had no lack of


information to parse through on the day.
Atlanta Fed President Dennis Lockhart said in public remarks that the

Long-Term Unemployed Hit Hard by Budget


Cuts
See all tr ends

Bus ines s Leader s

central bank could begin paring back its vast bond-buying program
RELATED VIDEO

sometime during 2013. That compares with consensus estimates,


and hinting last month, that the much-feared tapering could begin as
early as September.

Look to Emerging Markets


for Opportunity?

Lockhart: Jobs Market Still Not


Healed
Outdoor s Br and Runs on Innovation
Silicon Valley's Billion-Dollar Club Younger Than
Ever

www.foxbusiness.com/markets/2013/08/13/fed-hopes-help-lift-wall-street/

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8/13/13

Fed Hopes Help Lift Wall Street | Fox Business

The Commerce Department said retail sales ticked higher by 0.2% in MOST POPULAR STOCKS
July from June, narrowly missing estimates of a 0.3% gain. Excluding
the automobile component, sales climbed 0.5%, topping estimates of
A Loss in Momentum
Holding Back Tapering?

a 0.4% increase. There have been worries that stagnant wage growth
and higher payroll taxes could weigh on consumers.
Meanwhile, The Labor Department reported import prices edged
higher by 0.2% in July from June, shy of estimates of a 0.6% increase.
Export prices dipped 0.1%, compared to forecasts of a 0.2% rise.
The Zew survey of German investor sentiment leapt higher to 42 in

AAPL

APPLE INC.

FORD MOTOR CO...

BAC

BANK OF AMERI...

FB

FACEBOOK INC.

GE

GENERAL ELECT...

+4.75%
Today

-0.06%
Today

+0.69%
Today

-3.14%
Today

-0.29%
Today

489.57
4:00 PM

17.06
4:00 PM

14.51
4:00 PM

37.02
4:00 PM

24.20
4:00 PM

August from 36.3 the month prior, easily beating estimates of 39.9.
The data suggest Europe's powerhouse economy is picking up steam
as the eurozone debt crisis subsides and the continent's economic
engine revs up.
Machine orders in Japan, the world's No. 3 economy, jumped 4.9% on
a year-over-year basis, coming in well ahead of forecasts of 2.6%.
Data from Japan have been improving amid a major push by the
country's central bank to pull the Asian country out of its years-long
slump
Elsewhere, the Justice Department filed suit seeking to block US
Airways' (LCC) $11 billion takeover of American Airlines parent AMR
on antitrust grounds.
Activist investor Bill Ackman resigned from J.C. Penney's (JCP)
board of directors. The struggling retailer said Ronald Tysoe will join
the board as it seeks one additional candidate.
Oil prices climbed by 46 cents, or 0.49%, to $106.60 a barrel.
Wholesale New York Harbor gasoline jumped 0.91% to $2.93 a
gallon. In metals, gold slumped $7.20, or 0.56%, to $1,326 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.27% to 2835, the English FTSE 100 ticked
up 0.47% to 6605 and the German DAX jumped 0.69% to 8417.
In Asia, the Japanese Nikkei 225 surged 2.6% to 13867 and the
Chinese Hang Seng rallied 1.2% to 22451.
Follow Adam Samson on Twitter @adamsamson.
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8/13/13

Fed Hopes Help Lift Wall Street | Fox Business

Tr ading In Black Ber r y Halted Pending New s

The 6 Wor s t Car s at the Detr oit Auto Show 2013 (The
Fiscal Times)
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Home

Lockhart: Jobs Market Still Not Healed

Will US Air w ays ,


AMR Mer ger
Stifle
Com petition?

Reuters

Fed Hopes Lift Wall Street


Former American Airlines Chairman on
Merger Lawsuit

Optimism the Federal Reserve will only


slowly pare back its massive bondbuying operation pushed Wall Street
into the green on Tuesday.

Former American Airlines chairman Bob


Crandall argues American Airlines and US
Airways alone are not big enough to compete
against Delta and United.

Aw ay

Schiff: Taxes ,
Inflation Will
Dr ive Mor e
Entr epr eneur s

The Male Br ain


vs . the Fem ale
Br ain

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Schlum ber ger , Rivals Could Tap Mexico's Elus ive Oil
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Wes ter n Sk y Financial Sued for Char ging Inter es t Rates
as High as 355%
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Tes la CEO Elon Mus k Releas es Details of Hyper loop
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Cr ocs and Sw eatpants You Could Wear in a Bus ines s
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Fed Hopes Help Lift Wall Street | Fox Business


Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
and ETF data provided by Lipper . Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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4/4

8/14/13

Sensex gains 138 points to hit two-week high - The Hindu

B u sine ss M ark e ts
Published: August 14, 2013 09:56 IST | Updated: August 14, 2013 17:07 IST

Sen sex gain s 138 po in ts to h it tw o -w eek h igh


PTI

A view of the BSE building in Mumbai.

The Hindu

Advancing for the fourth day, the BSE benchmark, Sensex, on spurted by 138 points to a two-week high of 19,367.59
supported by auto, oil & gas, metal and realty stocks despite an uptick in wholesale inflation.
While Tata Motors surged 9.67 per cent to Rs. 319.30 after its unit Jaguar Land Rover reported 21 per cent higher
sales in July globally, Bajaj Auto shares logged nearly 3 per cent gain after the 50-day long strike at its Chakan plant
was called off on Tuesday.
The Sensex, which had gained 565 points in the past three sessions, rose further by 137.75 points, or 0.72 per cent, to
19,367.59, a level last seen on July 29.
Brokers said the upswing in market was supported by quarterly earnings by Tata Steel whose shares jumped 3.59 per
cent. The company reported better-than-expected first quarter results with consolidated net profit surging 90.51 per
cent.
Oil & gas shares saw heavy buying on buzz that the government may give a go-ahead to a one-time hike of Rs. 2-3 per
litre in diesel prices to offset the impact of fall in rupee value.
Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the
government and RBI battled to stabilise the rupee.
A mixed trend in the Asian region and better opening in European markets amid reports that France has emerged
from recession further positively influenced investor sentiment.
The broad-based National Stock Exchange index Nifty rose by 43 points, or 0.75 per cent to 5,742.30. Also, SX40
index, the flagship index of MCX-SX, closed at 11,512.15, up 104.01 points, or 0.91 per cent.
In 30-share Sensex pack, 18 stocks gained while 12 ended with losses. Major gainers were Reliance Industries, Tata
Consultancy Services, Bajaj Auto, GAIL, Hindalco, ICIC Bank, ONGC, Sterlite Industries and Tata Power.
Sectorally, the auto sector gained the most by rising 3.34 per cent, followed by consumer durables (2.91 per cent), Oil
and gas (2.89 per cent) and metal index (2.81 per cent).
Keywords: BSE, NSE, Sensex, Nifty, Tata Steel quarterly report
www.thehindu.com/business/markets/sensex-gains-138-points-to-hit-twoweek-high/article5021541.ece?css=print

1/2

8/14/13

Sensex gains 138 points to hit two-week high - The Hindu

Post Comment
Printable v ersion | Aug 1 4 , 2 01 3 9 :1 0:56 PM | http://www.thehindu.com /business/m arkets/sensex-gains-1 3 8-points-to-hit-twoweek-high/article502 1 54 1 .ece
The Hindu

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2/2

8/20/13

S&P 500 breaks four-day slide with lift from retail - Aug. 20, 2013

S&P 500 snaps four-day losing streak


By Katie Lobosco @KatieLobosco August 20, 2013: 4:30 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks ended mixed Tuesday, as investors focused on earnings reports from several major retailers.
The S&P 500 broke its four-day losing streak, but the Dow Jones industrial average gave up earlier gains to end lower for the
fifth straight day. Both indexes are still up 15% for the year.
The Nasdaq closed slightly higher. So far this year, the tech-heavy index has gained 19%
Click here for more on stocks, bonds, commodities and currencies

J.C. Penney ( JCP, Fortune 500) posted a big loss that was even worse than the forecasts. Despite that, the struggling retailer
noted that its same store sales, a key measure for retailers, were slightly better than they were during the first quarter of 2013.
Shares retreated a bit from their highs of the day but were still up 6% at the close.
The retailer's future was a popular topic on StockTwits and some investors questioned why the stock rose in the first place.
duke2duke: $JCP good luck bulls. Buying on the promise of back to school when the numbers showed otherwise. The market is
irrational, is what it is. Bearish
racernic: i don't get this obsession w/$JCP.walk away.company in terrible situation trying 2do the improbable. easier trades
elsewhere. 2dy as ex
Best Buy ( BBY, Fortune 500) has also struggled recently, but appears to be a step ahead of J.C. Penney in the turnaround
process. The electronics retailer reported a surge in profit, which CEO Hubert Joly attributed to aggressive cost-cutting. The
stock has now gained 185% so far this year.
Retailers Urban Outfitters (
solid earnings reports.

URBN) and TJX (

TJX, Fortune 500) were also top performers in the S&P 500 after releasing

Home Depot ( HD, Fortune 500) announced a gain in quarterly net profit and raised its guidance for 2013. Rival Lowe's
( LOW, Fortune 500) will report results tomorrow.

money.cnn.com/2013/08/20/investing/stocks-markets/index.html?iid=HP_LN

1/3

8/20/13

S&P 500 breaks four-day slide with lift from retail - Aug. 20, 2013

Home Depot shows housing boom's for real


But not all the reports from retailers were good. Struggling bookseller Barnes & Noble ( BKS, Fortune 500) recorded a loss and
said revenue from its Nook tablet business was down more than 20% from the same quarter last year. The stock plunged and at
least one trader on StockTwits had little hope for a rebound.
graubart: I would like Barnes & Noble to survive. But I don't find any benefit to shopping there. And can't see a path to a
sustainable future. $BKS
Related: Fear & Greed Index ruled by Fear

Besides earnings, there was little market-moving news Tuesday as investors continue to speculate about when the U.S. will
begin to tighten monetary policy.
The minutes from the Federal Reserve's last monetary policy meeting will be closely watched on Wednesday for clues as to
when the central bank will begin tapering its $85 billion a month in bond purchases.
More signals could come from the Kansas City Fed's annual conference in Jackson Hole, Wyo., later this week.
Related: Fed provokes fear in emerging markets

European markets were lower, with investors paring back risk before the Fed minutes.
Asian markets were also lower across the board on worries that possible changes to the Fed's bond-buying program will suck
capital out of riskier markets.
Shares in China Everbright Securities fell 10% as investors had their first chance to respond to restrictions placed on the
broker's activities after trading glitches on Friday and Monday.
Indian stocks fell again as the rupee continued to hit new lows against the dollar.

First Published: August 20, 2013: 9:51 AM ET

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S&P Snaps Four-Day Slump | Fox Business


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By Adam Samson / Pub lished August 20, 2013 / FOXBusiness

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FOX Business: Capitalism Lives Here

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The broad S&P 500 snapped a four-day losing streak on Tuesday,

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helped by a round of upbeat corporate earnings and bargain hunting.


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Today's Markets

The Dow Jones Industrial Average fell 7.8 points, or 0.05%, to 15003,

Shar e

the S&P 500 gained 6.3 points, or 0.38%, to 1652 and the Nasdaq
Composite rose 24.5 points, or 0.68%, to 3614.

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8/20/13

S&P Snaps Four-Day Slump | Fox Business

Also in corporate news, the Justice Department launched a probe into MOST POPULAR STOCKS
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Fed Fears Hit Bond Markets

APPLE INC.

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The benchmark 10-year yield fell 0.053 percentage point to 2.829%.
Elsewhere, U.S. oil prices skid lower by 91 cents, or 0.9%, to $106.14

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The Euro Stoxx 50 sold off by 1.1% to 2791, the English FTSE 100
dipped 0.5% to 6433 and the German DAX slid 0.84% to 8296.
In Asia, the Japanese Nikkei 225 plunged 2.6% to 13396 and the
Chinese Hang Seng plummeted 2.2% to 21970.
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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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8/22/13

Sensex rebounds 407 points despite new low for rupee - The Hindu

B u sine ss M ark e ts
Published: August 22, 2013 10:19 IST | Updated: August 22, 2013 17:23 IST

Sen sex rebo u n ds 407 po in ts despite n ew lo w fo r ru pee


PTI

The Hindu

Ignoring the rupees further descent to a fresh record low, the benchmark S&P BSE Sensex on Thursday gained
for the first time in five days surging 407 points on the back of metal shares, which got a boost from encouraging data
from China.
The 30-share Sensex opened at 17,896.84, lower than the previous close of 17,905.91, and dropped to a low of
17,759.59. Value buying saw the index recover and touch the days high of 18,349.82 before it closed at 18,312.94, a
gain of 407.03 points, or 2.27 per cent.
The biggest gain for the index in almost two months helped investors become richer by Rs 1.17 lakh crore. The index
had gained 519.86 points on June 28.
Brokers said the rally was backed by metal stocks after a manufacturing index in China, the biggest consumer of
metals, increased in August from an 11month low. They said higher openings in the European stock markets as
manufacturing in Germany expanded at a fasterthanexpected pace also influenced the Indian market sentiment.
Global cues provided needed respite to our domestic bourses amid further weakness in rupee, said Jayant Manglik,
president retail distribution at Religare Securities Ltd. .
With better-than-expected manufacturing numbers from China, metal stocks outshone other pivots by strong
margins.
The Nifty index on the National Stock Exchange surged by 105.90 points, or 2 per cent, to 5,408.45. The SX40 index
on the MCXSX added 199.44 points to 10,817.88.
Hindalco led Sensex shares higher with a 10.93 per cent gain, followed by Sterlite Industries, Tata Steel and Oil &
Natural Gas Corporation. The metals sectoral index climbed 8.23 per cent.
ITC, Reliance Industries, ONGC and TCS contributed a combined 184.46 points to the gains in the Sensex, which
tumbled yesterday to the lowest level in more than 11 months.
www.thehindu.com/business/markets/sensex-rebounds-407-points-despite-new-low-for-rupee/article5048040.ece?css=print

1/2

8/22/13

Sensex rebounds 407 points despite new low for rupee - The Hindu

The rupee on Thursday touched an all-time intra-day low of 65.56 before recovering to quote at 64.82 in late
afternoon trade.
Keywords: Sensex, mid-session trade
Post Comment
Printable v ersion | Aug 2 2 , 2 01 3 7 :2 6 :3 7 PM | http://www.thehindu.com /business/m arkets/sensex-rebounds-4 07 -points-despite-new-low-for-rupee/article504 804 0.ece
The Hindu

www.thehindu.com/business/markets/sensex-rebounds-407-points-despite-new-low-for-rupee/article5048040.ece?css=print

2/2

8/22/13

Trading resumes Nasdaq after 3-hour halt - Aug. 22, 2013

Stocks higher after Nasdaq's 3-hour halt


By Hibah Yousuf and Maureen Farrell @CNNMoneyInvest August 22, 2013: 4:51 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks closed higher Thursday even after a technical glitch at the Nasdaq OMX caused a trading halt in all Nasdaq-listed
stocks and options for more than three hours.
The Nasdaq is home to more than 2,700 stocks, particularly technology giants such as Apple ( AAPL, Fortune 500), Google
( GOOG, Fortune 500) and Microsoft ( MSFT, Fortune 500). Trading at the exchange was halted around 12:14 p.m. ET due to
issues with "quote dissemination." Options trading was also halted, and the New York Stock Exchange and the BATS exchange
had also halted all Nasdaq securities.
Nasdaq resumed trading first in shares of Atlantic America ( AAME)at 3 p.m ET, following a 15-minute quote only period. All
other securities began trading at 3:25 p.m. ET, also following a 15-minute quote only period. The quote only period, which is
typically used during initial public offerings, allowed the Nasdaq to accept buy and sell orders, and investors were also able to
cancel orders during the period.
When trading resumed, stocks picked up where they left off around the midday stoppage. The Dow Jones industrial average
broke a six-day losing streak while the S&P 500 climbed nearly 1%. The Nasdaq advanced more than 1%.
But there was one notable exception. Shares of Nasdaq OMX (
was up nearly 1%.

NDAQ)dropped 3.4%. Before the halt, the exchange's stock

SEC spokesman John Nester said the agency is "monitoring the situation" and that it is "in close contact with the exchanges."
Related: Trading glitches a sad new market reality

The trading glitch could be another blow to investor confidence, which has been rattled over the years by the Flash Crash in
2010, Facebook's botched IPO, and more recently, a fat finger trade affecting China's stock market.
"We know machines run the show, but we're beginning to see glitches more and more frequently," said Ryan Detrick, senior
technical strategist at Schaeffer's Investment Research. "That doesn't help overall confidence among investors."

money.cnn.com/2013/08/22/investing/stocks-markets/index.html?iid=HP_LN

1/4

8/22/13

Trading resumes Nasdaq after 3-hour halt - Aug. 22, 2013

High speed trading showdown


Broader market: Despite troubles at the Nasdaq, the broader stock market rallied as positive economic data from both China
and Europe gave investors some optimism. European markets moved solidly higher, while Asian markets ended mixed.
A survey of European purchasing managers pointed to signs that the economy may be stabilizing there. Better-than-expected
data from Chinese factories gave glimmers of hope for Asia and the broader global economy.
Click here for more on stocks, bonds, currencies and commodities

Emerging markets break losing streak too. Indian markets also jumped higher after four consecutive trading days of steep
losses. The Mumbai Sensex popped up by nearly 2%. Markets have fallen by 11% over the past month due to concerns about a
flagging economy, political gridlock and an outflow of foreign investment money.
Related: Fear & Greed Index is showing Fear

A retail rout: Looking at individual stocks on the move, several retailers plunged Thursday following weak quarterly numbers.
Abercrombie & Fitch ( ANF) shares plummeted after the teen-oriented clothing retailer reported a slump in quarterly sales
and profits and a terrible outlook.
Traders on StockTwits are worried. American Eagle Outfitters ( AEO) also had a lousy earnings report this week. Aeropostale
( ARO) shares tumbled in after-hours trading after the teen retailer also posted weak results.
CapitalObserver: Is there a demographic issue facing teen retailers? Hard to believe they are all just performing poorly $ANF
$ARO $AEOsh
tickertutor: $ANF My guess is most "kids" in their demographic are looking to dress more adult with offerings from the likes of
$KORS and others
Sears Holding (

SHLD, Fortune 500)reported another quarterly loss as revenues continue to fall. Investors were not pleased.

StockTwits: #3: $SHLD is down 8%. Earnings missed the Street's estimates this morning. Two big misses since Eddie Lampert
became CEO.
Ralphed: $SHLD "Kmart Sucks". Sears needs realize that loss and ditch them
GameStop ( GME, Fortune 500) bucked the trend in retail. The video game seller's stock soared on better-than-expected
earnings and strong guidance around the promise of new gaming consoles. Traders made light of how the stock, which has been
a popular target of short sellers, continues to go higher despite many bears trying to talk it down.

money.cnn.com/2013/08/22/investing/stocks-markets/index.html?iid=HP_LN

2/4

8/22/13

Trading resumes Nasdaq after 3-hour halt - Aug. 22, 2013

GameStop soars on PS4, Xbox hopes


FinancialJuice: GameStop $GME says sees a 'significant positive' for console demand
broseidon: Anyone remember when Cramer said short $GME, quoting "its in a secular decline" BAHAHA... Cramermerica gets
burned agian LOL
In the world of tech, Hewlett-Packard ( HPQ, Fortune 500) shares dropped after the company announced its latest earnings
on Wednesday, showing that PC sales are still in the dumps. HP is still top stock in the Dow this year though, as investors have
high hopes for the turnaround plan of CEO Meg Whitman.
After the closing bell, Gap ( GPS, Fortune 500) reported better-than-expected revenue and lifted its outlook, sending shares
higher in after-hours trading.
Pandora ( P) also reported upbeat earnings, but the stock tumbled in after-hours trading after the online radio company issued
weaker-than-expected guidance.

First Published: August 22, 2013: 9:46 AM ET

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What Flash Freeze? Stocks Jump | Fox Business


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On the U.S. front, the Labor Department said the number of people
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What Flash Freeze? Stocks Jump | Fox Business


Peps iCo Announces Sudden Death of As ia Chief

In corporate news, Sears Holdings (SHLD) revealed a considerably


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Elsewhere, U.S. oil prices climbed 25 cents, or 0.24%, to $104.10 a
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What Flash Freeze? Stocks Jump | Fox Business

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8/23/13

Sensex soars 206 points - The Hindu

B u sine ss M ark e ts
Published: August 23, 2013 17:07 IST | Updated: August 23, 2013 17:08 IST

Sen sex so ars 206 po in ts


PTI

Rising for the second day, Sensex on Friday gained over 206 points to end at nearly one-week high on sustained value
buying in refinery, banking and auto stocks after the rupee appreciated after six days of losses.
Major Sensex gainers in todays trade were BHEL, Tata Motors, HDFC Bank, ICICI Bank, State Bank of India, HDFC
Ltd., Coal India, Jindal Steel, Tata Steel, Sterlite Industries, Maruti Suzuki, Mahindra and Mahindra and Sun
Pharma.
The 30share S&P BSE benchmark index Sensex, which had surged 408 points in the previous session, rose further
by 206.50 points, or 1.13 per cent to end at 18,519.44 the highest closing since August 16 (18,598.18).
Brokers said the stock market sentiment improved as the battered rupee rebounded from alltime low levels of 65.56
to 64.12 per dollar after the government and RBIs assuarances.
The broadbased National Stock Exchange index Nifty rose by 63.30 points, or 1.17 per cent to 5,471.75. Also, SX40
index, the flagship index of MCXSX, closed up at 10,960.73, higher by 142.85 points or 1.32 per cent.
In the Sensex pack, Reliance Industries surged 1.64 per cent to Rs 819.05 after the company and its partner BP plc
announced a new gas condensate discovery off the east coast in the Cauvery basin.
Private lenders like HDFC Bank and ICICI Bank saw heavy buying as investors judged recent losses as excessive.
Led by over 8 per cent surge in BHEL, the capital goods sector index gained the most rising 2.04 per cent to 7,235.68.
It was followed by banking index by 1.91 per cent to 10,791.32. Oil and Gas sector index rose by 1.59 per cent to
8,191.04 and the auto index by 1.51 per cent to 10,248.18.
Keywords: sensex, Mumbai stocks
Printable v ersion | Aug 2 3 , 2 01 3 9 :08:4 2 PM | http://www.thehindu.com /business/m arkets/sensex-soars-2 06 -points/article5052 4 3 3 .ece
The Hindu

www.thehindu.com/business/markets/sensex-soars-206-points/article5052433.ece?homepage=true&css=print

1/1

8/23/13

Microsoft could push Nasdaq to a weekly win - Aug. 23, 2013

Microsoft pushes Nasdaq to weekly win


By Maureen Farrell @maureenmfarrell August 23, 2013: 4:12 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

What Nasdaq technical glitch? The big story on the Nasdaq Friday: Microsoft's (
news that its CEO Steve Ballmer will retire within the next 12 months.

MSFT, Fortune 500) stock soared following

The Microsoft news helped the Nasdaq end in positive territory for the day and gain nearly 1.5% for the week.
The Dow, despite moving slightly higher Friday, fell for the third straight week. The S&P 500, up for the day, ended the week up
0.5%.
Market action appeared to be glitch-free, a relief one day after technical troubles shut down trading in all Nasdaq-listed stocks
and options for several hours.
Click here for more on stocks, bonds, currencies and commodities

Big moves in Microsoft: Microsoft's shares gained more than 7% following the Ballmer news. Microsoft is one of the 30 stocks
in the Dow and one of the largest companies listed on the Nasdaq. So its big move helped to lift the broader market.
Traders on StockTwits were happy to see Ballmer go, and they had some advice on who should take over:
MadeofGold: $MSFT congratulations Microsoft employees!
stkcon: $MSFT Every business needs new blood, new thinking or it becomes stagnant. $YHOO's a perfect example. $CSCO
should make a few moves, too.
Stevez1: $MSFT dead short right now until they resolve who might be CEO. Please no one from Google!! Mike Dell decent
match if they could get him.
It seems that Dell might be a little busy trying to take his own company private though.
Related: Fear & Greed Index sitting in fear mode

Facebook hits 40!: Facebook's (

FB) shares soared more than 5% and closed above $40 for the first time ever.

Some traders on StockTwits marveled at the ironic timing following Thursday's Nasdaq glitch.

money.cnn.com/2013/08/23/investing/stocks-markets/index.html?iid=SF_INV_River

1/2

8/23/13

Microsoft could push Nasdaq to a weekly win - Aug. 23, 2013

allstarcharts: Happy New 52-week highs $FB - how bout that? funny, the day after another nasdaq failure
supermanjoe: $FB Now That it's Hit $ 40.. Fast Run to $45 On Way.
Aeropostale ( ARO) shares plummeted after the teen retailer posted weak results. Its poor outlook follows similarly bleak
forecasts from rivals American Eagle Outfitters ( AEO) and Abercrombie & Fitch ( ANF).
Pandora (
guidance.

P) reported strong earnings, but the stock plunged after the online radio company issued softer-than-expected

Dansumthing: $P is down big because management said they intend to focus on growing revenue and marketshare more than
earnings over the next few qtrs.
Related: Big banks' legal tab: $66 billion and growing
More on the 'Spazdaq' glitch. Nasdaq (
the trading halt.

NDAQ) shares gained more than 1%, bouncing back from a 3% drop Thursday following

Late Thursday, SEC chair Mary Jo White said the trading halt "should reinforce our collective commitment to addressing
technological vulnerabilities of exchanges and other market participants."
The SEC plans to speed up its efforts for new rules to strengthen markets. White said she intends to hold a meeting soon with
leaders of the major exchanges and other market participants.
Related: Trading glitches a sad new market reality

Global markets mostly higher. European markets ended higher.


In Asia, markets in China ended with narrow losses, but Japan's Nikkei rallied by 2.2%.
Will the #Nasdaq halt impact your investing strategy? @CNNMoney wants to hear from individual investors: Email hibah.yousuf@cnn.com.
First Published: August 23, 2013: 9:48 AM ET

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8/28/13

Sensex recovers after morning crash, ends 28 points higher - The Hindu

B u sine ss M ark e ts
Published: August 28, 2013 16:32 IST | Updated: August 28, 2013 17:26 IST

Sen sex reco vers after m o rn in g crash , en ds 28 po in ts h igh er


PTI

A view of the BSE building in Mumbai. After plunging 519 points in early trade, the Sensex on Wednesday made a smart recovery to close
28.07 points higher at 17,996.15 supported by strength in IT, metal and pharma stocks despite the rupee hitting new all-time low. File photo

PTI

After plunging 519 points in early trade, the Sensex on Wednesday made a smart recovery to close 28.07 points higher
at 17,996.15 supported by strength in IT, metal and pharma stocks despite the rupee hitting new all-time low.
Surging oil prices on back of heightened geopolitical tension over possible US-led coalition attack on Syria and a
sinking rupee cast shadow on the stock market today with the Sensex plummeting to 17,448.71 in the early stages of
trade.
However, a wave of value-buying led by institutional investors like LIC and mutual funds helped stock markets recover
even as FIIs dumped bluechip stocks, brokers said.
Stocks also recovered as investors covered their pending long positions created in the recent bear-run ahead of the
monthly derivatives contract expiry on Thursday, they added.
The Sensex jumped to 18,101.84 and finally settled the day at 17,996.15 -- up 28.07 points or 0.16 per cent.
Yesterday, it had crashed 590 points to end below the 18,000 mark after a gap of one week.
The NSE index Nifty finished 2.56 points, or 0.05 per cent lower at 5,285, after touching days low of 5,118.85. The
SX40, the flagship index of MCX-SX, ended flat at 10,630.05.
Continuing its free-fall, the rupee sank to 68.75 on heightened capital outflow concerns and worries that fiscal burden
will increase due to food security programme. It later pared some losses to trade at 67.9 when stock markets closed.
Software-services exporters Tata Consultancy Services 3.68 per cent to Rs 1904, Infosys by 2.03 per cent to Rs
3,120.30 and Wipro by 3.63 per cent to Rs 471.40. The IT sector index rose by 2.68 per cent higher to 7,833.51.
The second best performer was the metal index which rose 1.88 per cent to 7,763.33 as stocks of Tata Steel, Hindalco
and Sterlite Industries advanced. The healthcare index also rose by 1.16 per cent.
On the other hand, stocks of consumer durables, realty, banking, refinery, capital goods and FMCG sectors declined.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
www.thehindu.com/business/markets/sensex-recovers-after-morning-crash-ends-28-points-higher/article5067282.ece?css=print

1/2

8/28/13

Stocks crawl back a day after sell-off - Aug. 28, 2013

Stocks crawl back a day after sell-off


By CNNMoney Staff @CNNMoneyInvest August 28, 2013: 4:19 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks crawled back Wednesday, even as uncertainty roils markets around the world and investors fret over the potential
consequences of a U.S.-led military strike on Syria.
The Dow Jones industrial average, S&P 500 and Nasdaq all ended the day modestly higher after Tuesday's sharp fall in reaction
to a potential strike on Syria.
World markets continued to tumble Wednesday. European markets closed lower, while Asian markets ended in the red. Both
Japan's Nikkei and Hong Kong's Hang Seng fell by as much as 1.6%.
Investors pulled back a little bit from assets deemed "safe" on Wednesday. But the price of gold has shot up in the past few days
while U.S. Treasury 10-year bond yields have fallen.
Oil prices also surged another 1% after rising 3% on Tuesday.
The world seems increasingly convinced that the U.S. -- and its allies -- will make a military strike against Syrian government
forces in the coming days. U.S. officials report that Syrian forces used chemical weapons to attack innocent people.
The possibility of a U.S.-led military strike has brought volatility back to the markets. The key metric for measuring market
volatility, the VIX ( VIX), has spiked nearly 40% since early August. The index jumped 12% Tuesday.
August is shaping up to the be worst month for the market in over a year, but all three major U.S. indexes remain up between
13% and 19% in 2013.
Related: Fear & Greed Index shows Extreme Fear

Energy stocks, which have been underperforming the market for most of this year, have done well in the past few days, as
potential for the conflict to escalate rose.
Shares of Exxon Mobil ( XOM, Fortune 500), Hess ( HES, Fortune 500), Chevron (
Marathon Oil ( MRO, Fortune 500) surged Wednesday.

CVX, Fortune 500), BP (

BP), and

What's moving: Shares of BlackBerry ( BBRY) continued to climb, rising nearly 3%. The jump comes a day after reports
surfaced that the ailing smartphone maker is considering spinning off its Messenger unit into a more agile subsidiary.
money.cnn.com/2013/08/28/investing/stocks-markets/index.html?iid=HP_LN

1/3

8/28/13

Stocks crawl back a day after sell-off - Aug. 28, 2013

Some traders on StockTwits thought that would be a smart move.


duke2duke: $BBRY news of spinning off the messaging portion is good for shareholders. The parts are much more valuable than
the sum.
willhassell: if $BBRY does spin of BBM i think they could make some good money by making it a messaging app across all the
smartphones.
Facebook ( FB) rose back above the $40 mark after an eMarketer report showed that the social media site is taking the mobile
ad market by storm. Mobile revenue is growing rapidly for Facebook. But it is still expected to trail industry leader Google
( GOOG, Fortune 500) this year.
It's been a good couple days for jewelry retailers. Shares of Zale ( ZLC) jumped nearly 30% after it reported its first full-year
profit in several years. A day earlier, Tiffany & Co ( TIF) reported better-than-expected quarterly results.
Traders were impressed with the pop, especially as a number of other retailers have been struggling.
winrx: $ZLC Nice numbers coming from a retailer for a change.
abubnic: Apparently, diamonds are not a short's best friend.

The worst may be over for TiVo


TiVo ( TIVO) shares were up following healthy earnings after the bell on Tuesday. The rise was driven by several factors,
including good reviews for its new Roamio box, a jump in subscribers and revenue generated from legal settlements.
One trader said the stock has legs.
biofreak: $TIVO Looking like a pretty good long time play here. Picked up some TIVO in PM

First Published: August 28, 2013: 9:37 AM ET

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data.

0
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Average rose 56.9 points, or 0.38%, to 14831, the S&P 500 gained

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5.3 points, or 0.31%, to 1635 and the Nasdaq Composite advanced

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The benchmark U.S. crude contract jumped $1.30, or 1.3%, to


$110.42 a barrel. Wholesale New York Harbor gasoline rallied 1.2%
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to $3.07 a gallon. In metals, gold rose $4.10, or 0.29%, to $1,424 a


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8/28/13

Wall Street Rebounds After Steep Selloff | Fox Business

On the economic front, the National Association of Realtors said


pending home sales in July fell 1.3%, much steeper than the 0.5%
drop economists expected. Signed contracts to buy previously-owned
Wall Street Sees ShortTerm Engagement w ith
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homes were still up 6.7% from the year prior.The metric is seen as a
leading indicator since it gauges sales before they are officially on the
books.

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The Euro Stoxx 50 dipped 0.65% to 2731, the English FTSE 100 fell
0.55% to 6405 and the German DAX dropped 1.4% to 8125.
In Asia, the Japanese Nikkei 225 sold off by 1.5% to 13338 and the
Chinese Hang Seng plummeted 1.6% to 21525.

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8/28/13

Wall Street Rebounds After Steep Selloff | Fox Business

The markets advanced on Wednesday


after a Syria-fueled rout as traders
scooped up stocks at a discount a
mulled a hodgepodge of data.

taking action in Syria.

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3/3

8/29/13

RBIs rupee rescue lifts sensex by over 400 points - The Hindu

B u sine ss M ark e ts
Published: August 29, 2013 16:38 IST | Updated: August 29, 2013 18:36 IST

RBIs ru pee rescu e lifts sen sex by o ver 400 po in ts


PTI

The gains in the 30-share bluechip index were led by RIL, HDFC, ITC and TCS.

PTI

I n v esto rs bec a m e ric h er by Rs 1 la k h c ro re.

Mirroring the turnaround in rupee, stock markets on Thursday soared with the S&P BSE benchmark Sensex logging
its best gain in a week of nearly 405 points to end at 18,401.04 on across-the-board buying after RBI opened a special
window to help PSU oil firms meet daily forex needs.
The gains in the 30-share bluechip index were led by RIL, HDFC, ITC and TCS that jumped in the 2-6 per cent range
as investors chased shares beaten down in the recent bear run, amid expiry of monthly derivative contracts.
Investors became richer by Rs 1 lakh crore.
After a solid start, the Sensex remained in the positive zone for the entire session and ended 404.89 points higher, or
2.25 per cent, at 18,401.04. This is the best gain since 407-point rise on August 22.
Buoyed by RBIs move to provide dollars directly to oil marketing companies, the rupee rose to 67.30 per dollar in
intra-day trade after touching all-time low of 68.85 in the previous session.
Brokers said a firming global helped domestic markets as investors awaited US second quarter GDP data.
The broad-based National Stock Exchange index Nifty rose by 124.05 points, or 2.35 per cent, to end at 5,409.05 led
by stocks of refinery, metal and FMCG sectors. Also, SX40 index, the flagship index of MCX-SX closed at 10,849.51,
up 219.46 points or 2.06 per cent.
Shares of state0owned oil marketing companies, IOC, HPCL and BPCL, rose modestly after the RBI announced
opening of a special window to help the three firms needing about 8.5 billion dollars every month to meet daily forex
needs in a bid to check the rupees free fall. The rupee depreciated over 25 per cent against the dollar in 2013.
Sectorally, the oil and gas sector index gained the most rising 2.86 per cent to 8,094.62, followed by metal index by
2.38 per cent to 7,947.85. FMCG index rose by 2.29 per cent to 6,246.34 and capital goods index by 2.20 per cent to
7,096.23.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets
Printable version | Aug 29, 2013 9:41:58 PM | http://www.thehindu.com/business/markets/rbis-rupee-rescue-liftswww.thehindu.com/business/markets/rbis-rupee-rescue-lifts-sensex-by-over-400-points/article5070816.ece?homepage=true&css=print

1/2

8/29/13

RBIs rupee rescue lifts sensex by over 400 points - The Hindu

sensex-by-over-400-points/article5070816.ece
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8/29/13

Wall Street Climbs Amid Upbeat Data, Tempered Syria Fears | Fox Business
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14841, the S&P 500 advanced 3.2 points, or 0.2%, to 1638 and the

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military involvement. That sentiment helped put pressure on


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commodity futures.
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to $109.32 a barrel. Wholesale New York Harbor gasoline dipped

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0.66% to $3.074 a gallon. In metals, gold, which is seen as a safehaven asset, dropped $6.40, or 0.45%, to $1,412 a troy ounce.

www.foxbusiness.com/markets/2013/08/29/wall-street-climbs-amid-upbeat-data-tempered-syria-fears/

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8/29/13

Wall Street Climbs Amid Upbeat Data, Tempered Syria Fears | Fox Business

Wall Street also got two important economic reports on the day. The
Commerce Department reported the U.S. economy grew at an annual
rate of 2.5% in the second quarter, up from a reading of 1.7%, also
Foreign Buyers Driving
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since the Federal Reserve has a dual mandate to keep the


unemployment rate low and inflation in check.
Every major was to the upside in recent action, besides energy and
utilities. The biggest winners could be found in the
telecommunications space on the back of news on Verizon Wireless.
Verizon Communications (VZ) was said to be in talks to buy the
45% of Verizon Wireless it doesn't already own from Vodafone
(VOD), according to multiple media reports. These reports said the
deal could be worth up to $130 billion.
Foreign Markets
The Euro Stoxx 50 rose 0.46% to 2755, the English FTSE 100 gained
0.72% to 6476 and the German DAX gained 0.38% to 8189.
In Asia, the Japanese Nikkei 225 rallied 0.91% to 13460 and the
Chinese Hang Seng jumped 0.84% to 21705.
Follow Adam Samson on Twitter @adamsamson.
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3/3

9/3/13

Sensex gains 266 points, ends at nearly 3-week high - The Hindu

B u sine ss M ark e ts
Published: September 2, 2013 16:40 IST | Updated: September 2, 2013 16:40 IST

Sen sex gain s 266 po in ts, en ds at n early 3-w eek h igh


PTI

Extending gains for the fourth day, the BSE benchmark Sensex on Monday climbed over 266 points to close at nearly
three-week high of 18,886.13 on heavy buying in metal, FMCG, oil & gas shares, amid firm global markets.
After rising nearly 652 points in last three days, the Sensex advanced further by 266.41 points, or 1.43 per cent to
close at its highest level since 19,367.59 on August 14.
Brokers said easing crude oil prices might help in cooling inflation and trim the current account deficit of the country,
which imports 80 per cent of its oil requirements.
A firming trend in the Asian region and higher opening in Europe after Chinas manufacturing rose to a 16-month
high, boosted the domestic market sentiment, they added.
On similar lines, the broad-based National Stock Exchange index Nifty added 78.95 points, or 1.44 per cent, to
5,550.75, after touching a days high of 5,564.90 and a low of 5,478.85.
Also, the SX40 index, the flagship index of MCX-SX, closed at 11,176.25, up 237.76 points, or 2.17 per cent.
In Sensex stocks, Reliance Industries shot up 3.78 per cent to Rs. 883.75 and ITC by 3.75 per cent to Rs. 319.40. ICICI
Bank, also a Sensex stock, rose 2.89 per cent to Rs. 826.90.
In the 30-share Sensex, 23 stocks closed with gains led by Bajaj Auto, Coal India, Gail India, HDFC, Hindalco
Industries, Hindustan Unilever, Maruti Suzuki, ONGC, Jindal Steel, Tata Steel, Tata Consultancy Services, SBI and
Sun Pharma.
Sectorally, the metal sector index gained the most by rising 3.16 per cent to 3,180.08 followed by the FMCG index by
3.10 per cent to 6,538.65. The realty index rose by 3 per cent to 1,208.84 and the oil and gas index by 2.55 per cent to
8,357.15.
Keywords: stock market closing, Sensex, Nifty, SX40
Printable version | Sep 3, 2013 10:22:38 AM | http://www.thehindu.com/business/markets/sensex-gains-266-pointsends-at-nearly-3week-high/article5085729.ece
The Hindu

www.thehindu.com/business/markets/sensex-gains-266-points-ends-at-nearly-3week-high/article5085729.ece?css=print

1/1

9/3/13

Syria Stifles the Street's September Debut Rally | Fox Business


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By Adam Samson / Pub lished Septemb er 03, 2013 / FOXBusiness


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REUTERS

FOX Business: Capitalism Lives Here

Pr int
Em ail

Reemerging fears about the potential for U.S. military involvement in

Shar e
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Syria quashed Wall Street's rally on Tuesday, leaving stocks just


mildly higher.

0
9

Today's Markets

Shar e

The Dow Jones Industrial Average rose 23.7 points, or 0.16%, to


14834, the S&P 500 gained 6.8 points, or 0.42%, to 1639 and the

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Will We Get 200K More


Jobs?

Manufacturing Activity
Expands in August

European Stocks Dow n

Asian Markets Up

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1 Flurry of M&A Rocks the


Sm artphone World
2 S&P Hits Back at DOJ Over
Lawsuit
3 Ford Recalling 370K Cars
4 Time Warner Cable, CBS End Blackout
With New Pact
5

Verizon Inks $130 Billion Deal For Vodafone


Stake

Nasdaq Composite advanced 22.7 points, or 0.63%, to 3613.

VZ

46.01

VERIZON COMM...

-1.37

See all tr ends

The Dow and S&P slumped in August amid concerns about when,

Mar k et Check

and how, the Federal Reserve will end its vast bond-buying program.

JAH

47.43

However, Wall Street awoke from a long weekend in a more upbeat

JARDEN...

+4.48

mood, boosted by a round of mergers and acquisitions.

MSFT

31.88

MICROSOFT CO...

-1.52

Microsoft (MSFT) said it would buy Finnish Nokia's handset


business for $7.2 billion in a move that analysts said could shift the

Syria, Your Stocks and 401(k)

VOD

32.01

tide of the mobile phone wars. The big buy came just a day after

VODAFONE GRO...

-0.34

Nok ia Leads Eur opean Mar k ets Higher

Verizon Communications (VZ) revealed plans to buy the 45% of

Wall Str eet Pois ed to Log Monthly Slum p

Verizon Wireless it doesn't already own from Vodafone (VOD). The


deal is one of the largest such moves in history.
www.foxbusiness.com/markets/2013/09/03/syria-stifles-street-september-debut-rally/

MOST POPULAR STOCKS

1/3

9/3/13

Syria Stifles the Street's September Debut Rally | Fox Business

Meanwhile, Jarden (JAH) said it will buy Yankee Candle for $1.75
billion from a private-equity fund managed by Madison Dearborn
Partners.

AAPL
APPLE INC.

+0.28%
Today

NOK

+31.28%

NOKIA CORP.

However, the gains on the day faded after House Speaker John
Boehner and several other important lawmakers backed President
Barack Obama's push to strike Syria. The president said over the
weekend he supports limited military action in Syria, but would ask for
permission from Congress before acting.

FORD MOTOR CO...

MSFT

MICROSOFT COR...

VZ

VERIZON COMMU...

Today

+0.93%
Today

-4.55%
Today

-2.89%
Today

488.58
4:00 PM
5.12
4:00 PM

16.34
4:00 PM

31.88
4:00 PM

46.01
4:00 PM

On the economic front, the Institute for Supply Managements gauge


of manufacturing activity rose to 55.7 in August from 55.4 in July,
exceeding economists expectations of a decline to 54. Readings
above 50 point to expansion, while those below indicate contraction
for the factory sector.
Elsewhere, U.S. crude oil futures climbed 92 cents, or 0.85%, to
$108.57 a barrel. Wholesale New York Harbor gasoline dipped
0.67% to $2.871 a gallon. In metals, gold rallied $16.80, or 1.2%, to
$1,413 a troy ounce.
Foreign Markets
The Euro Stoxx 50 dipped 0.23% to 2767, the English FTSE 100 fell
0.1% to 6499 and the German DAX slipped 0.33% to 8217.
In Asia, the Japanese Nikkei 225 surged 3% to 13978 and the
Chinese Hang Seng rallied 0.99% to 22395.

Follow Adam Samson on Twitter @adamsamson.


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9/4/13

Sensex surges 333 points on value buying and rupee rebound - The Hindu

B u sine ss M ark e ts
Published: September 4, 2013 16:45 IST | Updated: September 4, 2013 16:45 IST

Sen sex su rges 333 po in ts o n valu e bu yin g an d ru pee rebo u n d


PTI

Nif ty u p by 10 6.65 po in ts, o r tw o per c en t to 5 ,448 .10 ba c k ed by sto c k s o f m eta l, ph a rm a a n d a u to sec to rs

Recovering from a one-week low, the BSE benchmark Sensex on Wednesday soared nearly 333 points on value buying
in bluechips like ICICI Bank, TCS and RIL in step with the recovery in the rupee.
After a steep fall of nearly four per cent in the previous session, the Sensex spurted by 332.89 points, or 1.83 per cent
to 18,567.55 on funds buying, as investors judged Tuesdays sharp fall as excessive.
Slight recovery of rupee along with appointment of new RBI Governor Raghuram Rajan, boosted the market
sentiment. RBI was seen taking fresh measures to curb currency weakening. Value buying after Tuesdays panic
selling also helped the market to recover, said Nidhi Saraswat, Senior Research Analyst, Bonanza Portfolio Limited.
The rupee, which fell to an intra-day low of 68.6 level, was trading at 67.1 against the dollar on probable RBI
intervention.
On similar lines, the broad-based National Stock Exchange index Nifty jumped up by 106.65 points, or two per cent
to 5,448.10 backed by stocks of metal, pharma and auto sectors.
Also, SX40 index, the flagship index of MCX-SX, ended at 10,966.82, up 124.41 or 1.15 per cent.
In order to encourage capital flows, the RBI on Wednesday eased the external commercial borrowing norms by
allowing companies to use funds raised from foreign partners for general corporate purposes.
Among Sensex constituents, Reliance Industries shot up by 2.32 per cent to Rs 849.35 after dropping the most in
more than four years on Tuesday. Infosys rose by 2.37 per cent to a record high of Rs 3,105.90.
Bucking the firming tend, stocks of real estate firms fell after the RBI asked banks to link the disbursal of home loans
to their stages of construction.
The BSE metal sector index gained the most by rising 2.75 per cent to 8,023.59, followed by healthcare index by 2.60
per cent to 9,070.30. Auto sector index rose by 2.47 per cent to 10,330.56 and IT index by 2.15 per cent to 8,095.94.
www.thehindu.com/business/markets/sensex-surges-333-points-on-value-buying-and-rupee-rebound/article5093070.ece?homepage=true&css=print

1/2

9/4/13

Stocks rise for second day - Sep. 4, 2013

Stocks rise for second day


By Hibah Yousuf @CNNMoneyInvest September 4, 2013: 4:35 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

U.S. stocks advanced Wednesday, with the Dow logging its best performance in over a month, thanks to a strong batch of
economic and company news. But investors remain on edge as they consider the increasing likelihood that the U.S. will lead a
military strike against Syria.
The Dow Jones industrial average jumped 97 points, or 0.7%, its best gain since August 1. The S&P 500 rose 0.8% and the
Nasdaq jumped more than 1%.
Auto giants Ford (
figures.

F, Fortune 500) and General Motors (

GM, Fortune 500) were big winners after delivering strong sales

GM, Ford and Chrysler Group all reported double-digit percentage increases in sales in August. Japanese rivals Toyota Motor
( TM) and Nissan ( NSANY) also reported large sales gains, putting the industry on pace for a 16-million annual sales rate for
the first time since before the recession started in late 2007.
Apple ( AAPL, Fortune 500) was also a top performer, as investors anticipated that the company will announce its newest
iPhone next Tuesday.
Meanwhile, investors continued to monitor developments in Washington, as President Obama seeks congressional approval to
carry out a military strike against Syria. He said U.S. intelligence showed that Syria used chemical weapons to kill more than
1,400 people.
Several key Democrats and Republicans have thrown their support behind Obama's plan in recent days, though a number of
hurdles must still be overcome before the U.S. can take military action.
Click here for more on stocks, bonds, commodities, and currencies

The Federal Reserve released its regional Beige Book report Wednesday afternoon. Economic activity continued to expand "at a
modest to moderate pace" during July and August across the country, according to the report, which could influence the Fed's
decision on its stimulus policies. There is speculation that the Fed could decide to start pulling back on its $85-billion-a-month
bond-buying program in a meeting later this month.
Still, investors may remain cautious ahead of the August jobs report due Friday, as the health of the labor market is a key factor
for the Fed. Analysts expect that the economy added 177,000 jobs last month, and that the unemployment rate held steady at
money.cnn.com/2013/09/04/investing/stocks-markets/index.html?iid=HP_LN

1/3

9/4/13

Stocks rise for second day - Sep. 4, 2013

7.4%.
Another Nasdaq hiccup: Nasdaq suffered a brief outage shortly before noon Wednesday, which impacted trading in stock
symbols PC through SPZ. The exchange once again had issues with the system that disseminates stock quotes, which was also at
the root of the three-hour trading halt last month.
The exchange said the issue has been resolved.
Related: Impact of war on stocks and oil

What's moving: Shares of LinkedIn ( LNKD) fell more than 2% after the job search website announced plans to sell $1 billion
worth of stock in a secondary offering. Even with the slide, shares of LinkedIn are up more than 100% this year.
LinkedIn's big offering and the dip in the stock price were hot topics among traders on StockTwits.
howardlindzon: $LNKD...likely one or two huge acquisitions in their future with this secondary raise...who do you think?
EricSteiman: I missed the $LNKD run. Love the company, but its expensive, and I own $TSLA.
Shares of JCPenney ( JCP, Fortune 500) rose sharply after two hedge funds -- Hayman Capital and Glenview Capital-announced new stakes in the struggling retailer. But StockTwits traders were mostly skeptical.

JCPenney's newest customers: hedge funds


scottsdalem: $JCP Retailers don't have to take a position because the hedgies are doing so. You know what happened to
Ackman.
hakihika: So someone else takes Ackman's losing position and all of the sudden $JCP becomes a winning position? I say bounce
don't last.
On the earnings front, H&R Block (
Shares of Dollar General (

HRB) shares fell after missing analyst expectations.

DG, Fortune 500) rose after the retailer wowed Wall Street with its second-quarter results.

First Published: September 4, 2013: 9:43 AM ET

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9/4/13

Stocks rise for second day - Sep. 4, 2013


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9/4/13

Strong Auto Sales, Upbeat Data Spark Rally | Fox Business


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Wall Street roared higher on Wednesday as traders cheered strong

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auto sales and a generally upbeat report on the U.S. economy from
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an important indicator of broader consumer spending.


Meanwhile, the U.S. economy grew at a modest to moderate pace in

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www.foxbusiness.com/markets/2013/09/04/strong-auto-sales-upbeat-data-spark-rally/

1/3

9/4/13

Strong Auto Sales, Upbeat Data Spark Rally | Fox Business

In Europe, a reading on eurozone GDP showed the 17-member


currency bloc grew at an annual pace of 0.3% in the second quarter,
matching a previous reading and estimates. However, a survey on the
Finding the Opportunities
for Investors

private sector for the month of August was revised down slightly.

AAPL

APPLE INC.

FORD MOTOR CO...

Not all data on the day were positive, however. The U.S. trade deficit
widened to $39.15 billion in July from $34.54 billion in June,

FB

FACEBOOK INC.

considerably higher than estimates of $38.7 billion. The figure is a


August Auto Sales Winners
and Losers

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lagging indicator, but will impact third-quarter gross domestic product.


Traders also paid close attention to developments on the Syria front.

MSFT

MICROSOFT COR...

BAC

BANK OF AMERI...

+2.07%
Today

+3.49%
Today

-0.22%
Today

-2.15%
Today

+0.56%
Today

498.69
4:00 PM

16.91
4:00 PM

41.78
4:00 PM

31.20
4:00 PM

14.32
4:00 PM

The Senate Foreign Relations Committee passed a resolution that


provides President Barack Obama with the authorization to launch a
limited military strike against Syria. Congress is expected to vote on
the resolution as early as next week.
Elsewhere in corporate news, Apple (AAPL ) was initiated at a "buy"
with a $777 price target at Cantor Fitzgerald. Cantor sees the
company continuing to innovate in the next 12 to 18 months, with the
release of an "iWatch" and "iTV."
In commodities, U.S. crude oil futures fell $1.31, or 1.2%, to $107.23
a barrel. Wholesale New York Harbor gasoline dipped 0.01% to
$2.864 a gallon. Gold slumped $22, or 1.6%, to $1,390 a troy ounce.
Foreign Markets
The Euro Stoxx 50 dropped 0.74% to 2733, the English FTSE 100
dipped 0.42% to 6441 and the German DAX slumped 0.65% to
8128.
In Asia, the Japanese Nikkei 225 rose 0.54% to 14054 and the
Chinese Hang Seng dipped 0.31% to 22326.

Rich Edson and Chad Pergram contributed reporting from


Washington, D.C.
Follow Adam Samson on Twitter @adamsamson.
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3/3

9/5/13

Sensex up by 412 points, ends at three week high - The Hindu

B u sine ss M ark e ts
Published: September 5, 2013 10:28 IST | Updated: September 5, 2013 16:45 IST

Sen sex u p by 412 po in ts, en ds at th ree w eek h igh


PTI

Sensex on Thursday jumped by 412 points to end at over three-week high of 18,979.76 on the back of a slew of steps announced by new RBI
Governor Raghuram Rajan. File photo

PTI

The S&P BSE benchmark Sensex on Thursday jumped by 412 points to end at over three-week high of 18,979.76 on
the back of a slew of steps announced by new Reserve Bank of India (RBI) Governor Raghuram Rajan to boost the
currency and the overall economy.
Investors became richer by a whopping Rs. 1.2 lakh crore as banks, realty, consumer durables and PSUs rallied.
Across BSE, nearly 1,500 stocks rose out of the 2,474 traded.
After gaining 333 points in the previous session, Sensex surged by 412.21 points, or 2.22 per cent to 18,979.76.
Intra-day, it breached 19,000 level to hit 19,117.52.
Markets lapped up Mr. Rajans positive announcements after he took charge at RBI with experts viewing his move to
allow banks to swap their USD liabilities against FCNR(B) (foreign currency non-resident) as a key step. A meaningful
improvement in rupee would raise the likelihood of a rollback of some of the RBIs recent liquidity-tightening
measures, brokers added.
Smart recovery of rupee which was trading near 66, recovery in bonds and positive global cues, all lifted market
sentiment. Buying was prominent in rate-sensitive sectors. IT, however, was down as rupee recovered, said Rakesh
Goyal, Senior Vice President, Bonanza Portfolio.
The rupee, which had closed at 67.07 on Wednesday, sprung to 65.5 levels intra-day and was last trading at 66.2
levels.
The National Stock Exchange index Nifty shot up 144.85 points, or 2.66 per cent to 5,592.95, after touching a high of
5,625.75. MCX-SXs SX-40 ended at 11208.21, up 241.39 points.
The passage of Pension Bill in Lok Sabha on Wednesday raised hopes of more such reforms soon, experts added.
The banking sector index gained the most by rising 9.30 per cent to 11,014.99 as Yes Bank, Axis Bank, HDFC Bank,
SBI, ICICI Bank and Bank of Baroda shares in 7-21 per cent range.
Gains were cemented by rate cut hopes in the next policy meet.
The interest-linked realty sector was second best performer by adding 5.41 per cent to 1,213.29 while consumer
durable sector jumped by 4.54 per cent to 6,751.63.
www.thehindu.com/business/markets/sensex-up-by-412-points-ends-at-three-week-high/article5095805.ece?homepage=true&css=print

1/2

9/5/13

Sensex up by 412 points, ends at three week high - The Hindu

Keywords: BSE, NSE, Sensex, Nifty, RBI measures, economic recovery


Printable version | Sep 5, 2013 6:29:44 PM | http://www.thehindu.com/business/markets/sensex-up-by-412-pointsends-at-three-week-high/article5095805.ece
The Hindu

www.thehindu.com/business/markets/sensex-up-by-412-points-ends-at-three-week-high/article5095805.ece?homepage=true&css=print

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9/5/13

Stocks Rise Amid Economic Optimism | Fox Business


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The markets edged up on Thursday as traders grew more optimistic

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about the world economy and global central banks held steady on
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The Dow Jones Industrial Average rose 6.6 points, or 0.04%, to


14937, the S&P 500 climbed 2 points, or 0.12%, to 1655 and the
Nasdaq Composite advanced 9.7 points, or 0.27%, to 3659.
The markets posted a strong performance on Wednesday as traders

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world economy on Thursday, with traders eyeing two central bank


decisions and a slew of economic data.

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The European Central Bank held its main refinancing rate at 0.5% -- a
record low as expected. Similarly, the Bank of England held its
benchmark interest rate at 0.5% and the size of its quantitative easing
program steady at 375 billion pounds. Both banks have been trying to
catalyze the burgeoning recovery taking place across the continent,

Dow Coming Off Largest One-Day


Point Gain Since Aug. 1
Futur es Steady Am id Data Deluge
Stock s Ris e Am id Econom ic Optim is m

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Stocks Rise Amid Economic Optimism | Fox Business

while also keeping price pressures in check. Analysts generally


expect the Federal Reserve to begin cutting back its bond-buying
program later this month as the world's biggest economy recovers.
The private sector added 176,000 jobs in August, according to a
report from payroll processor ADP. The number missed expectations
of 180,000.
The Labor Department said the number of Americans filing for firsttime unemployment benefits fell to 323,000 last week from an
upwardly revised 332,000 the week prior. Economists expected

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claims to fall to 330,000 from an initially reported 331,000.


Meanwhile, the number of planned layoffs by U.S. employers jumped
33.8% in August from July to 50,462, according to Challenger, Gray &
Christmas. It was the highest level since February.
All three reports come ahead of the all-important monthly jobs report
from the Labor Department due out on Friday. The report is taking on
additional significance since the Fed has tied its monetary policy to
fluctuations in the unemployment rate and inflation. With inflation
mostly tame, the jobs market has been the central bank's main focus.
Also on the economic front, the Institute for Supply Managements
gauge of non-manufacturing activity in August came in at 58.6 from 56
the month prior. Economists expected a reading of 55. The new
orders component was the highest since February 2011.
Elsewhere, U.S. crude oil futures rose 57 cents, or 0.53%, to $107.80
a barrel. Wholesale New York Harbor gasoline dipped 0.17% to
$2.859 a gallon. In metals, gold climbed $5.20, or 0.37%, to $1,395 a
troy ounce.
Foreign Markets
The Euro Stoxx 50 climbed 0.27% to 2765, the English FTSE 100
gained 0.41% to 6501 and the German DAX rose 0.18% to 8210.
In Asia, the Japanese Nikkei 225 edged up 0.08% to 14064 and the
Chinese Hang Seng rallied 1.2% to 2258.
Follow Adam Samson on Twitter @adamsamson.
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Stocks Rise Amid Economic Optimism | Fox Business


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Stocks close with a third day of gains - Sep. 5, 2013

Stocks close with a third day of gains


By Maureen Farrell @CNNMoneyInvest September 5, 2013: 4:18 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Stocks are faring well so far in September. All three indexes rose for the third day in a row and are up more than 1% this week.
Although the continuing threat of a U.S.-led military strike against Syria has kept investors on edge, the Dow, S&P 500 and the
Nasdaq moved slightly higher. That's helping to erase some of the painful memories of a brutal August -- although investors
have little to complain about in 2013. The three major indexes are up between 14% and 21% year-to-date.
But in a more troubling sign, 10-year Treasury yields continued to move up, as investors sell and push rates higher. The yield is
nearing 3%, a level it hasn't hit since July 2011.
Click here for more on stocks, bonds, commodities and currencies

Waiting for the big jobs report. Investors had two bits of labor market data to chew on. The jobs numbers released by payroll
processing firm ADP showed hiring continuing at a modest pace.
The Labor Department's initial jobless claims figures also pointed to a steady recovery in the job market, with fewer people
filing for unemployment.
But Friday is the big day for the markets. The government releases the August jobs report. Economists surveyed by CNNMoney
believe that 185,000 jobs were added last month and that the unemployment rate dipped to 7.3%.
Investors will be watching those numbers closely and will immediately start speculating about whether the jobs report will lead
the Federal Reserve to announce plans to begin cutting back on its bond purchase program at its next policy meeting later this
month.
Related: Impact of war on stocks and oil

Global worries: Syria is sure to dominate discussions at the G-20 conference in Russia, which kicks off Thursday. Investors will
be listening closely to assess if and when a military strike may occur. The G-20 summit was meant to focus on the global
economy, but the debate over Syria is expected to overshadow the event.
The Governing Council of the European Central Bank and the Monetary Policy Committee of the Bank of England decided to
keep their key interest rates unchanged. European markets all closed higher

money.cnn.com/2013/09/05/investing/stocks-markets/index.html?iid=HP_LN

1/3

9/5/13

Stocks close with a third day of gains - Sep. 5, 2013

Earlier in the day, the Bank of Japan struck a more upbeat note on prospects for the world's third-largest economy, saying that
the country is on track to beat deflation. Asian markets closed mixed.
Related: Fear & Greed Index still shows fear

Thursday Techapalooza: Shares of LinkedIn ( LNKD) moved up, after falling Wednesday on concerns that a new billion dollar
plus offering would dilute existing shareholders. The company sold more than $1.2 billion in stock in a secondary offering
Wednesday night.
Investors have been infatuated with the company since it went public in 2011. Its shares are up nearly sixfold since then. Traders
on StockTwits love the company and the opportunities from this billion dollar plus offering.
TXplunger: $LNKD Street loves the secondary - they trust the co to deploy $ for continued world domination
ASM: Secondary offering dips have been some of the best opportunities of the year in the hot growth names $LNKD Bullish
Shares of Netflix ( NFLX) rose after analysts at RBC upgraded their price target for the company. Netflix's stock is nearing its
all-time highs from 2011.

Green is the new black for Netflix


Shares of Groupon (

GRPN) soared after Morgan Stanley upgraded the online coupon company.

On a heady day for social media stocks, traders on StockTwits were jazzed not only about Groupon but also Yelp (
which spiked Thursday.

YELP),

ML57: $GRPN Fox business reported that Groupon is getting LONG TERM Contracts. This is good!
TwentyOne: $GRPN and $YELP following same script
Retail rally: J.C. Penney ( JCP, Fortune 500) shares continued to move higher, after soaring Wednesday on news that two
major hedge funds added stakes in the troubled retailer. Some traders thought the stock may have finally bottomed.
TechTrader17: $JCP Need some upgrades and some more Hedgie filings. Worst is over for JCP, peeps need to figure this out.
Big $ knows.
Instituteinvestshark: $JCP more big whales coming into this.
The stock of another troubled retailer, Sears Holdings (

SHLD, Fortune 500), also popped.

First Published: September 5, 2013: 9:48 AM ET

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money.cnn.com/2013/09/05/investing/stocks-markets/index.html?iid=HP_LN

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Stocks close with a third day of gains - Sep. 5, 2013

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9/6/13

Sensex extends gains as Rupee rebounds to 65-level - The Hindu

B u sine ss M ark e ts
Published: September 6, 2013 10:11 IST | Updated: September 6, 2013 17:26 IST

Sen sex exten ds gain s as Ru pee rebo u n ds to 65-level


PTI

Extending gains for the third day, the S&P BSE benchmark Sensex on Friday
surged 290 points to end at 19,270 on the back of FII buying in banking, capital
goods and refinery shares. File photo

PTI

Extending gains for the third day, the S&P BSE benchmark Sensex on Friday surged 290 points to end at 19,270 on
the back of FII buying in banking, capital goods and refinery shares amid recovery in the rupee against dollar.
After surging 739 points in the last two sessions, the Sensex rose by 290.30 points, or 1.53 per cent, to 19,270.06 as
20 stocks in the Sensex stocks closed with gains.
This is the second week of gains for the 30-share index which jumped by 650.28 points or 3.49 per cent.
The broad-based National Stock Exchange index today rose by 87.45 points, or 1.56 per cent to 5,680.40. Also, MCXSXs SX-40 index rose 183.35 points to settle at 11,391.56.
After new RBI Governor Raghuram Rajan announced a number of measures which will boost the currency as well as
economy, investor confidence have been revived and buying from lower levels is being seen, said Rakesh Goyal,
Senior Vice President, Bonanza Portfolio Limited.
Brokers said continuing recovery in the rupee versus dollar also boosted equity markets. Rupee was trading at 65.2
levels compared to yesterdays close of 66.01.
Sectorally, the banking sector index gained the most by 2.89 per cent to 11,333.44 as ICICI Bank surged by 7.3 per
cent, HDFC Bank by 1.2 per cent, IndusInd Bank by 3.5 per cent, Yes Bank by 1.9 per cent and Axis Bank by 2.8 per
cent.
The capital goods sector index was second best performer by gaining 2.77 per cent to 7,443.02, followed by Oil and
Gas index by 2.20 per cent to 8,572.54.
The three most heaviest on the Sensex with their nearly 30 per cent weightage -- Reliance Industries jumped up by
0.73 per cent to Rs 867.55, ITC by 1.51 per cent to Rs 316.20 and Infosys by 0.41 per cent to Rs 3,014.90.
The marekt will remain closed on Monday for Ganesh Chaturthi and reopen for regular trading on Tuesday.
Looking broadly at the markets fundamental setup, the falling USD/INR rates are favourable and now the
www.thehindu.com/business/markets/sensex-extends-gains-as-rupee-rebounds-to-65level/article5099884.ece?homepage=true&css=print

1/2

9/6/13

Sensex extends gains as Rupee rebounds to 65-level - The Hindu

marketmen would keep an eye on the movement of crude oil, said Nagji K Rita-Chairman & MD, Inventure Growth
and Securities.
Keywords: Sensex, BSE, Nifty, NSE, share trading, stock markets, opening trade
Printable version | Sep 6, 2013 6:29:44 PM | http://www.thehindu.com/business/markets/sensex-extends-gains-asrupee-rebounds-to-65level/article5099884.ece
The Hindu

www.thehindu.com/business/markets/sensex-extends-gains-as-rupee-rebounds-to-65level/article5099884.ece?homepage=true&css=print

2/2

9/6/13

Dow Snaps Four-Week Losing Streak | Fox Business


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shook off worries about Syria and when the Fed will begin cutting
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Budget

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The Dow Jones Industrial Average fell 15.5 points, or 0.1%, to 14922,
the S&P 500 gained 0.01 point, or 0.00%, to 1655 and the Nasdaq

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Composite advanced 1.2 points, or 0.03%, to 3660.

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9/6/13

Dow Snaps Four-Week Losing Streak | Fox Business

However, stocks once again turned positive after Australia, Canada,


France, Italy, Japan, South Korea, Saudi Arabia, Spain, Turkey, the
U.K. and the U.S. issued a joint statement saying the global leaders
"call for a strong international response to this grave violation of the
worlds rules and conscience that will send a clear message that this
kind of atrocity can never be repeated."

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The Labor Department said the U.S. economy added 169,000 jobs in
August, missing economists expectations of 180,000. The jobless
rate fell to 7.3%, the lowest since December 2008, and less than
estimates that it would hold steady at 7.4%.
The labor force participation rate, which gauges the proportion of
population in the labor force, fell to 63.2% from 63.4% in July, the
lowest since August 1978.
Peter Boockvar, chief market strategist at The Lindsey Group, told
clients that "bottom line, the pace of labor gains remain mediocre with
the 8 month average being 180k and is just 148k over the past three
months."
Weighing in on the Fed's plans, Goldman Sachs told its clients that
"while the August employment report was a moderate
disappointment, we believe it is probably not weak enough to prevent
the FOMC from tapering in September."
The investment bank added, however, "it does raise the likelihood of
a 'dovish taper,' which could include a small size of the overall
adjustment to purchases, and which we think would likely coincide
with an enhancement of the forward guidance."
Analysts at Bank of America Merrill Lynch weren't so certain, saying
"the August employment report was disappointing overall, leaving us
comfortable with our view that the Fed is more likely to wait to taper but it remains a game-day decision."
Elsewhere, U.S. crude oil prices climbed 56 cents, or 0.54%, to
$108.96 a barrel. Wholesale New York Harbor gasoline rose 0.35%
to $2.846 a gallon. In metals, gold fell $3, or 0.22%, to $1,370 a troy
ounce.
Corporate news was fairly light on the day. Standard & Poor's
upgraded Ford Motor's (F) corporate credit rating to "BBB-" from
"BB+" and upped General Motors' (GM) outlook to "positive" from
"stable."

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Dow Snaps Four-Week Losing Streak | Fox Business

Market participants were eyeing what could reportedly be a record


bond sale in the near future by Verizon Communications (VZ) to
fund its $130 billion buy of the remaining 45% stake in Verizon
Wireless from Vodafone (VOD).
Foreign Markets
The Euro Stoxx 50 dipped 0.02% to 2774, the English FTSE 100 fell
0.1% to 6526 and the German DAX fell 0.18% to 8220.
In Asia, the Japanese Nikkei 225 sold off by 1.5% to 13861 and the
Chinese Hang Seng rose 0.1% to 22621.

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The blue-chip average climbed for the


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LIGNET: Financier War ns of Syr ia Str ik e's Mar k et Fallout

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Wall Street Zooms Higher Amid Economic Optimism | Fox Business


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FOX Business: Capitalism Lives Here

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Wall Street extended its gains on Monday afternoon as traders

Shar e
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No Septem ber
Taper ?

scooped up cyclical stocks on the back of data suggest the global


economy is revving up.

Tw eet

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Shar e

The Dow Jones Industrial Average climbed 137 points, or 0.92%, to


15060, the S&P 500 gained 16 points, or 0.97%, to 1671 and the

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Nasdaq Composite advanced 45.4 points, or 1.2%, points to 3705.

BBRY

11.53

BLACKBERRY L...

+0.69

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38.63

concerned about the extent at which the Fed is likely to pare back its

MOLEX INC....

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vast bond-buying program later this month.

1 Wall Street Zoom s Higher


Am id Econom ic Optim ism
2 Oil Slips on Possible Plan to
Avert Syria Strike
3 Pawnshops hit paydirt as Southeast
Asians sweat before pay day
4 Neiman Marcus Agrees to Be Sold for
$6 Billion
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Tw itter Confirms IPO -- Or Maybe Not

See all tr ends

Mar k et Check

The markets capped the week with solid gains last week, as fears
about Syria faded to some extent and traders grew slightly less

Apple Shares Rise Ahead of


Expected iPhone Announcement
Futur es Tick Up on Upbeat Global Data
Bulls Stor m the Str eet as Wor ld Econom y Per k s
Up

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Wall Street Zooms Higher Amid Economic Optimism | Fox Business

The week off to a solid start on the back of strong data from Asia. The MOST POPULAR STOCKS
data left the Dow and S&P 500 at the highest level since August, and
the Nasdaq at its highest mark since 2000. Every major sector was in
the green on the day, led by economically-sensitive stocks like
materials, technology industrials and energy.

+1.82%

FORD MOTOR CO...

Today

AAPL

+1.60%

APPLE INC.

Today

17.31
4:02 PM

506.17
4:00 PM

China's exports soared 7.2% in August on a year-to-year basis,


widely beating estimates that they would rise 5.5%. Imports climbed
7%, missing estimates they would rise 11.3%.
The data suggest the world's second-biggest economy may be able
to dodge a much-feared "hard landing." Indeed, Nomura told its
clients it sees "moderate upside risks" to its third-quarter gross
domestic product estimates. Still, the Japan-based investment bank
believes the recovery might not be sustainable.
Meanwhile, Japan saw its second-quarter GDP revised up to an
annual rate of 3.8% from 2.6%. The Bank of Japan has embarked on
an aggressive easing program aimed at dramatically ramping up
growth and increasing inflation in a bid to shake off a decades-long
deflation trap.
The U.S. data docket is light on the day, but traders did get a report
from the Federal Reserve saying consumer credit climbed by $10.4
billion in July -- lighter than estimates of $12.5 billion.
On the corporate front, Koch Industries unveiled plans to buy Molex
(MOLX) for $38.50 a share in a $7.2 billion deal. BlackBerry
(BBRY) shares rallied on a report from The Sunday Times that Prem
Watsa was mulling a bid for the embattled smartphone maker.
In commodities, U.S. oil futures fell $1.01, or 0.91%, to $109.52 a
barrel. Wholesale New York Harbor gasoline slid 1.8% to $2.802 a
gallon. Gold rose 20 cents to $1,387 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.34% to 2793, the English FTSE 100 dipped
0.4% to 6521 and the German DAX rose 0.02% to 8277.
In Asia, the Japanese Nikkei 225 soared 2.5% to 14205 and the
Chinese Hang Seng jumped 0.57% to 22750.

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The Willis Repor t
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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4/4

9/9/13

Dow adds 140 points as Syria worries fade - Sep. 9, 2013

Dow jumps 140 points as Syria fears fade


By CNNMoney Staff @CNNMoneyInvest September 9, 2013: 4:21 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Stocks ended higher Monday as concerns about what might transpire in Syria have ebbed -- for the time being at least.
The market, which had been trading higher all day, rallied further after Secretary of State John Kerry made comments that
appeared to open the door to a diplomatic alternative in Syria instead of military strikes.
The Dow added nearly 140 points. The S&P 500 and Nasdaq were each up about 1%. These indexes are up between 15% and 23%
for the year. U.S. stocks managed to eke out gains last week -- despite a weaker-than-expected jobs report Friday.
Hiring continued in August, but at a slower pace, which may signal the Federal Reserve will stand pat on its bond-buying
program when it meets next week. The Fed has been consistently saying it will not begin tapering until it sees marked
improvement in the labor market.
Related: Fear & Greed Index wallows in fear

What's moving: Smithfield Foods ( SFD, Fortune 500) and China's Shuanghui International announced after the closing bell
Friday that U.S. regulators had cleared Shuanghui's proposed acquisition of the American meat processor.
Dell ( DELL, Fortune 500) shares rose slightly after activist hedge fund manager Carl Icahn said he was giving up his fight for
control of the computer maker. That could make it easier for founder Michael Dell and investment firm Silver Lake to take the
company private.
Traders on StockTwits thanked Icahn for playing and invited speculation on what Icahn could jump into next BlackBerry
perhaps?
dawnmail: $IEP-carl wins again taking the "little" he made on $DELL. His war made shareholders an extra .60cents.Love being
on hisside,don't cross him
TranscendAsset: Icahn out of $DELL and into $BBRY? that would heat things up Bullish

money.cnn.com/2013/09/09/investing/stocks-markets/index.html?iid=HP_LN

1/3

9/9/13

Dow adds 140 points as Syria worries fade - Sep. 9, 2013

Going private BlackBerry's only hope?


Speaking of BlackBerry (
smartphone company.

BBRY), shares rose on reports that its largest investor could be considering a buyout of the struggling

SteelBerry: "@Silence: $BBRY Must be for liquidation value only." You should do more reading on these CDN pension funds
dramdram: $BBRY just reported on CNBC that pensions funds have lined up bilions to support buyout. This will go a lot higher
fro here...
Facebook (

FB) moved slightly higher but failed to exceed its all-time high of $45.

applepickerr: Cramer: "The love for $FB now ... is equivalent of the hatred at the $25-26 level"
DanZanger: $FB Still on the run as one of the leading stocks in the market. http://stks.co/ikMI
Apple (

AAPL, Fortune 500) is expected to unveil new iPhones during a Tuesday event. The stock closed 1.65 higher.

Shares of Delta ( DAL, Fortune 500) rose more than 9%, following news that the airline would join the S&P 500 after the close
of trading Tuesday. It will replace BMC Software ( BMC), which is being taken private.
Related: Apple's innovation problem is real

European markets closed mixed, while Asian markets closed with healthy gains.
Japanese stocks hit a one-month high Monday as Tokyo's Olympic win and stronger-than-expected economic data gave
investors a double-dose of good news.

First Published: September 9, 2013: 9:47 AM ET

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Dow adds 140 points as Syria worries fade - Sep. 9, 2013

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Stocks rally again thanks to Syria and China - Sep. 10, 2013

Stocks rally again thanks to Syria and China


By Hibah Yousuf @CNNMoneyInvest September 10, 2013: 4:24 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Investors had a lot to be optimistic about Tuesday: Upbeat data from China and easing Syria concerns lifted the broader market.
But the unveiling of two new iPhones didn't excite traders.
The Dow Jones industrial average jumped nearly 130 points, or 0.9%, while the S&P 500 and Nasdaq each rose more than 0.6%,
extending Monday's 1% gains.
The Nasdaq finished at its highest level since September 2000. The Dow is less than 3% below its all-time high from early
August, while the S&P 500 is less than 2% shy from its all-time peak.
The broader market was likely moving higher again as concerns about a U.S.-led military strike on Syria have been pushed to the
back burner. A military strike had seemed imminent last month and caused some extreme market volatility recently.
Related: Investors yank $20 billion from ETFs

But politicians in Washington continue to debate the pros and cons of a strike. In addition, Secretary of State John Kerry raised
the possibility Monday of avoiding an attack if Syria were to give up its chemical weapons.
Investors were also encouraged by more evidence that the Chinese economy has stabilized. Industrial output rose a robust
10.4% in August, the strongest in over a year. Retail sales and fixed asset investments last month also rose more than expected.
The reduced geopolitical tension and healthy economic data also sparked gains in Asian and European markets.
Related: Fear & Gear Index drifts back into neutral

What's moving: Apple ( AAPL, Fortune 500) revealed two new iPhones: the iPhone 5S and less expensive "iPhone 5C. Shares
of Apple closed more than 2% lower Tuesday, but the stock has run up nearly 20% in the past two months in anticipation of the
announcement.

money.cnn.com/2013/09/10/investing/stocks-markets/index.html?iid=HP_LN

1/3

9/10/13

Stocks rally again thanks to Syria and China - Sep. 10, 2013

New iPhone a yawn? Apple is still a bargain


Netflix ( NFLX) shares closed at an all-time high above $313 per share, surpassing their previous record of $304.79 reached in
July 2011. The milestone was a popular topic on StockTwits.
dctrader: $NFLX Remember when this stock was in the 60's late last year?? WOW
joelyboyblue: too bad pixars "UP" isnt on $NFLX
Shares of Urban Outfitters ( URBN) tumbled after it warned that its third-quarter same-store sales, a key measure for
retailers, would only grow at a mid-single digit pace. That was below forecasts.
129 years of the Dow what's in and what's out

The Dow's overhaul: Nike ( NKE, Fortune 500), Goldman Sachs ( GS, Fortune 500) and Visa ( V, Fortune 500) were also in
focus, as the three will be the newest members of the Dow, replacing Alcoa ( AA, Fortune 500), Hewlett-Packard ( HPQ,
Fortune 500) and Bank of America ( BAC, Fortune 500). Shares of Goldman, Nike and Visa all rose on the news. Alcoa and HP
fell slightly while BofA was up more than 1%.
One trader joked that BofA may do even better now that it's out of the Dow. Another wondered if we'll still care about Alcoa's
earnings. The company has typically been the first Dow component to report results, an honor it will soon lose.
Portfoolio: $BAC DOW stocks aren't supposed to double in a year. That's why they took it out, they know this is going to $30..
RyanDetrick: Imagine if someone all of a sudden starts reporting earnings before $AA. Might never hear from them again.
And some traders stressed that over the long-term, the changes may not have an impact.
sherowcap: Warning -- Adding a stock to an index does not make it more valuable - yes initial index money may boost but l/t no
effect - $GS
youknow: $BAC The only people that get worked up about events like this are traders. I am investor and could care less.

First Published: September 10, 2013: 9:44 AM ET

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Stocks rally again thanks to Syria and China - Sep. 10, 2013
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Easing Syria Tension Propels Stocks Higher | Fox Business


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Next iPhone

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Pr int
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The markets roared higher on Tuesday as the odds of the U.S.

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TRENDING IN NEWS

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launching a strike in Syria diminished and traders eyed more upbeat


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0
0

Today's Markets

Shar e

According to preliminary calculations, the Dow Jones Industrial


Average jumped 128 points, or 0.85%, to 15191, the S&P 500

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gained 12.3 points, or 0.73%, to 1684 and the Nasdaq Composite

HPQ

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HEWLETT-PACK...

-0.09

climbed 22.8 points, or 0.62%, to 3729.

14.61

seemed all but certain. The tides have changed, however, as a

BANK OF AMER...

+0.13

diplomatic outcome appears to be gaining steam. Syria said it will

THE GOLDMAN ...

V
VISA INC....

AA
ALCOA INC....

3 Marathon Oil to Buy Eagle Ford


Acreage, Sell Angola Stake
4 Bulls Storm Wall Street Amid Fading
Syria Fears
5

Big Changes Come to the Dow

See all tr ends

Last week, the drums of war beat loudly as a U.S.-led strike in Syria

BAC

GS

2 Oil Falls More than 2% on Syria


Reports

165.14
+5.65

Mar k et Check

accept a Russian offer to put its chemical weapons under


international control for eventual dismantlement, according to multiple
news reports.

184.59
+6.04

8.06
-0.02

The move could be the first step to halting a potential military battle
that could cost billions and roil one of the most volatile regions in the
world. President Barack Obama will hold a news conference in the
evening on Syria.

NKE

66.82

NIKE INC....

+1.42

www.foxbusiness.com/markets/2013/09/10/easing-syria-tension-propels-stocks-higher/

Relief Rally on Syria?


Wall Str eet Pois ed to Extend Rally as Syr ia
Tens ion Fades
Bulls Stor m Wall Str eet Am id Fading Syr ia Fear s

MOST POPULAR STOCKS

1/3

9/10/13

Easing Syria Tension Propels Stocks Higher | Fox Business

Commodity markets had the sharpest reaction to the news. Oil futures

AAPL

494.64

slid $1.77, or 1.6%, to $107.74 a barrel. Wholesale New York Harbor

APPLE INC....

-11.53

gasoline dipped 1% to $2.775 a gallon. Gold dropped $18.60, or


1.3%, to $1,368 a troy ounce.

AAPL

APPLE INC.

FORD MOTOR CO...

Traders reacted positively to data from China showing industrial


production jumped 10.% on a year-to-year basis, exceeding
estimates of 9.7%. The data come on the heels of a report showing
the world's No. 2 economy is exporting more than analysts expected.
The data have helped calm worries that China would be in for a "hard

BAC

BANK OF AMERI...

FB

FACEBOOK INC.

GE

GENERAL ELECT...

-2.28%
Today

+1.39%
Today

+0.90%
Today

-1.00%
Today

+2.05%
Today

494.64
4:00 PM

17.55
4:00 PM

14.61
4:01 PM

43.60
4:00 PM

23.87
4:02 PM

landing," where its growth cools down sharply.


There are no major U.S. economic reports on tap.
In corporate news, Goldman Sachs (GS), Visa (V) and Nike (NKE)
will be added to the Dow Jones Industrial Average, replacing Bank of
America (BAC), Hewlett-Packard (HPQ) and Alcoa (AA), S&P Dow
Jones Indices said. This is the first three for three change to the
benchmark stock-market index since April 2004.
Apple (AAPL ) is expected to debut a new version of its high-end
iPhone and roll out a low-cost iPhone at a closely-watched press
event.

Follow Adam Samson on Twitter @adamsamson.


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Us e Per s onal Loan to Cut Cr edit Car d Debt?
In JC Penney Boar dr oom Br aw l, Ack m an Is the Bully

What am I paying for in the pr ice of a gallon of gas oline?


(ExxonMobil Perspectives Blog)
This Could Kill the Stock Mar k et: The 10 Year Tr eas ur y
(Equedia)

Wells Far go Expects Dr op In Mor tgage Or iginations

How the Affor dable Car e Act is im pacting the econom y


in 2013
(Bank of America Merrill Lynch)

Koch Indus tr ies Acquir es Molex For $38.50 a Shar e

How Much Should Be In Your Rainy Day Fund? (Betterment)


In Penns ylvania, a s hipyar d is back to life due to U.S.
ener gy developm ent (ExxonMobil Perspectives Blog)
Why you don't need a hum an financial advis or
(Forbes.com)
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Is Leas ing a Car
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Stocks Rally on Syria

Rep. Rangel: No
Such Thing as a
Lim ited War
Reuters

Apple Debuts New iPhones


One Puff and Pass Closer to Legal

Apple's Bid to Reclaim the


Spotlight: The tech giant unveiled a
suite of new phones in the hopes of
restoring its domestic appeal and
boosting global sales.

MPP director of federal policies Daniel Riffle on


the latest on marijuana legalization.

The Bigges t
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Apple Shares Stuck in the Red |


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Hones t Tea Founder s : 'Build Som ething You Believe In'

S Factor In CAN SLIM Can Keep Inves tor In Sync

Tax Policy Center : Mor e Am er icans Paying Feder al


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Novo Nor dis k Pus hes Ahead In Challenging Year

Publis her : Stock s Over bought, Bonds Over s old

Sm ar tw atch Sales Seen Soar ing To $62 Billion By 2018

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Pr int
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The Dow posted triple-digit gains as components like IBM and Disney

Shar e
Like

rallied. However, the tech-heavy Nasdaq was yanked lower by sliding


Apple shares.

Tw eet

Today's Markets

Shar e

The Dow Jones Industrial Average climbed 136 points, or 0.89%, to


15326, the S&P 500 gained 5.1 points, or 0.31%, to 1689 and the

RELATED STOCKS

Nasdaq Composite dipped 4 points, or 0.11%, to 3725.

FB

45.04

FACEBOOK INC...

+1.44

2 ObamaCare Prompts Companies


to Cut Workers Hours
3 Blue Chips Outpace Broad Markets;
Apple Suffers
4 Analyst: Charter, TWC Merger Looks
Probable
5

Philip Morris Unveils 11% Boost to Dividend

See all tr ends

recent days. A diplomatic solution that could stave off U.S. military
63.94

involvement solution emerged early in the week, which sent stocks

THE WALT DIS...

+1.11

zipping higher.

INTERNATIONA...

1 Citi Plans to Lay Off 2,200 in


Mortgage Unit

Wall Street has been fixated with developments on the Syria front in

DIS

IBM

TRENDING IN NEWS

190.70
+4.10

Mar k et Check

President Barack Obama reaffirmed those plans late Tuesday in an


address to the nation in which he asked Congress to hold off on a

AAPL

467.71

APPLE INC....

-26.93

vote authorizing military action.

Nike Shares Hit 52-Week High

Traders had a bullish reaction, saying they expected Wall Street to

Futur es Flat After Tw o-Day Rally

continue its move higher.

Dow Pos ts Tr iple-Digit Gains

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"The big market takeaway is that the risk of an imminent attack on


Syria continues to recede," Dan Greenhaus, chief global strategist at
BTIG told FOX Business on the heels of President Obama's address.
He added that "all else equal, that's a positive for markets."

MOST POPULAR STOCKS

AAPL

APPLE INC.

FORD MOTOR CO...

Apple (AAPL ) stole the spotlight on Wednesday, however. The


company debuted a suite of new iPhones on Tuesday. However,
analysts panned the offering, with many worrying about whether the
Cupertino, Calif-based technology behemoth can continue innovating.
Shares plummeted, pulling down the tech-heavy Nasdaq and the
more evenly-balanced S&P 500.

FB

FACEBOOK INC.

GE

GENERAL ELECT...

BAC

BANK OF AMERI...

-5.44%
Today

-0.06%
Today

+3.30%
Today

+0.92%
Today

+0.27%
Today

467.71
4:00 PM

17.54
4:01 PM

45.04
4:00 PM

24.09
4:00 PM

14.65
4:00 PM

Still, stocks like IBM (NYSE:IBM) and Disney (DIS ) helped lift the
Dow sharply into the green. Facebook (FB ) also touched an all-time
high on the day.
The docket of data is light again on the day. Wholesale inventories
rose 0.1% in July from June, slightly missing estimates of a 0.3%
gain. The data prompted Barclays to pare down its third-quarter gross
domestic product estimate to 1.6% from 1.7%.
Commodities markets took a breather after a hectic start to the week.
U.S. crude oil futures rose 17 cents, or 0.16%, to $107.56 a barrel.
Wholesale New York Harbor gasoline dipped 0.86% to $2.712 a
gallon. Gold tilted lower by 20 cents, or 0.01%, to $1,364 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.32% to 2861, the English FTSE 100 fell
0.09% to 6578 and the German DAX climbed 0.52% to 8490.
In Asia, the Japanese Nikkei 225 edged up 0.01% to 14425 and the
Chinese Hang Seng dipped 0.17% to 22937.

Follow Adam Samson on Twitter @adamsamson.


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(Equedia)
Mor e bad new s for pens ion plans (Bankrate.com)
For eclos ur es s ur ge in 32 s tates (Banks.com)
How Much Should Be In Your Rainy Day Fund? (Betterment)
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Blue Chips Outpace Broad


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The Dow posted triple-digit gains as


components like IBM and Disney
rallied. However, the tech-heavy
Nasdaq was yanked lower by sliding
Apple shares.

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How Apple Didn't Get Its Gr oove Back

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Mar k et Minute: Google Faces Pr ivacy Law s uit; Canada


Sells a Chunk in Gener al Motor s

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Econom is t: Stagflation, Higher Inter es t Rates Com ing
Sandy Weill: Big Bank s Don't Need Br eak ing Up

Veeva Sys tem s Lates t Cloud Com pany To File For IPO

Clos ing Bell: Stock Mar k ets Ris e Des pite Apple's
Dow nw ar d Pull

Even in Countr ies Wher e Tuition Is Fr ee, College Debt


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Pr int
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The blue-chip average climbed 3% in its best week since early

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January as traders grew less anxious about Syria and the Fed's
tapering plans.

2
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Today's Markets

Shar e

The Dow Jones Industrial Average climbed 75.4 points, or 0.49%, to


15376, the S&P 500 gained 4.6 points, or 0.27%, to 1688 and the

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GS
THE GOLDMAN ...

Nasdaq Composite advanced 6.2 points, or 0.17%, to 3722.


164.00
+0.65

1 Gold Hits Fiv e-Week Low


2 Week Ahead: The Central Bank's
Big Decision
3 Source: JetBlue Delays Sparked by
Verizon Glitch
4 Peabody says it no longer ow es
benefits to Patriot retirees
5

Boeing's Stretched-Out 787-9 May Fly Next


Week
See all tr ends

For the week, the Dow climbed 3%, the S&P 500 advanced 2% and
the Nasdaq gained 1.7%.

Mar k et Check

The focus on Friday was on economic data.


The Commerce Department said retail sales rose 0.2% in August,
missing expectations it would rise 0.4%. Excluding the auto segment,
sales rose 0.1%, shy of expectations of a 0.3% increase.

Safeway Shares Hit 52-Week


High

A gauge of consumer sentiment from Reuters and the University of

Dow Pos ts Bes t Week ly Show ing Since Januar y

Michigan checked in at 76.8 in early September, falling short of

Mar k ets Clim b Am id Weak Data

expectations it would fall to 82 from 82.1 in late August.


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Meanwhile, the Labor Department reported wholesale inflation rose


0.3% in August, compared to expectations it would rise 0.2%.
Excluding the food and energy segment, producer prices remained
unchanged from July, while economists expected it to rise 0.1%. The
more closely watched Consumer Price Index is due out next week.
Recently, the risk of deflation, or expectations of lower prices, has
actually posed a bigger threat than inflation.

MOST POPULAR STOCKS

AAPL

APPLE INC.

FORD MOTOR CO...

FB

FACEBOOK INC.

In corporate news, micro-blogging site Twitter filed a confidential filing


for an initial public offering with the Securities and Exchange
Commission. Goldman Sachs (GS) was said to be the lead

GE

-1.65%
Today

-0.23%
Today

-0.98%
Today

-0.29%

GENERAL ELECT...

Today

IBM

+0.76%

INTERNATIONAL...

Today

464.90
4:00 PM

17.35
4:00 PM

44.31
4:00 PM

23.78
4:00 PM

192.17
4:00 PM

underwriter on the much-awaited IPO, according to multiple media


reports. The investment bank declined a FOX Business request for
comment.
In commodities, crude oil futures fell 78 cents, or 0.73%, to $107.81 a
barrel. Wholesale New York Harbor gasoline rose 0.42% to $2.774 a
gallon. Gold plummeted $17.40, or 1.3%, to $1,313 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.07% to 2860, the English FTSE 100 dipped
0.2% to 6576 and the German DAX rose 0.07% to 8500.
In Asia, the Japanese Nikkei 225 edged up 0.12% to 14405 and the
Chinese Hang Seng slumped 0.17% to 22915.
Follow Adam Samson on Twitter @adamsamson.
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The September stock surge continues - Sep. 13, 2013

The September stock surge continues


By CNNMoney Staff @CNNMoneyInvest September 13, 2013: 4:25 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Stocks continued their September rally Friday as investors anticipated the next moves from the Federal Reserve and waited for
more details on Twitter's IPO plans.
The Dow Jones Industrial Average, S&P 500 and Nasdaq all posted modest gains Friday. It's been a strong week -- and for that
matter, month -- for stocks.
The Dow gained 3% this week, while the other two indexes rose almost 2%. It was the best week since January for the Dow and
the best week since July for the S&P 500.
After a brutal August, the markets have enjoyed a better September with all three indexes up more than 3%. The Dow and S&P
500 are both less than 2% from all-time highs, and the Nasdaq continues to trade near its highest level in thirteen years.
Twitter grabbed plenty of headlines when the social networking site revealed after the closing bell Thursday that it had issued a
confidential filing with the Securities and Exchange Commission for a planned IPO.
Investors were awaiting more details on the offering. Twitter has not yet disclosed information about sales, profits and other
key financial information. It is also not clear if the company will list its shares on the New York Stock Exchange or Nasdaq.
Related: Twitter files for IPO

But Twitter's IPO filing comes at a time when social media stocks are red hot. Facebook ( FB) and LinkedIn (
all-time highs. Groupon ( GRPN) has more than doubled in 2013 while Yelp ( YELP) has more than tripled.

LNKD) are near

Shares of all four of those social media companies fell on Friday, though.
Twitter's IPO news did boost two investment firms that have stakes in Twitter. Shares of GSV Capital (
nearly 14% while the Firsthand Technology Value Fund ( SVVC) gained roughly 6.5%.
Also in the tech world, Intel (

GSVC) finished up by

INTC, Fortune 500)shares gained more than 3% after receiving an analyst upgrade.

Yahoo ( YHOO, Fortune 500), meanwhile, pulled back after reaching a 5-year high Thursday and ended the trading day down
1.3%. One trader on StockTwits feared that Yahoo may have peaked.

money.cnn.com/2013/09/13/investing/stocks-markets/index.html?iid=HP_LN

1/3

9/13/13

The September stock surge continues - Sep. 13, 2013

JeanPaul: $YHOO Failed breakout ! Now accelerating to the downside in increased volume. I sold my position.

Marissa's magic touch propels Yahoo


Also popular on StockTwits was beauty products retailer Ulta ( ULTA). Shares jumped more than 17% after the company
reported stronger-than-expected earnings and revenues after the close on Thursday. Some traders remained skeptical, noting a
bump earlier in the week for fellow retailer Five Below. ( FIVE)
askchrishetrade: $ULTA Holding up well, but I don't think you want to buy momentum on highs in this name
scottsdalem: $ULTA All retails and department stores are traded like innovative technology companies..up 15% after ER..$FIVE
on Monday and $ULTA today
Dunkin' Brands ( DNKN) caught investor's attention after shares jumped more than 2%. The company announced on
Thursday it would be opening stores in the United Kingdom.
JBoorman: $DNKN all time highs. Always enjoy seeing patience discipline and process being rewarded.
Related: Fed official says jobs report won't stop tapering
Friday's gains came as investors received a batch of disappointing economic news Friday.
Before the opening bell, the Census Bureau reported that although monthly retail sales were up modestly in August, they were
lower than expected. Auto sales rose nearly 1% in August, but consumers cut back at other retailers, including clothing and
sporting good stores.
Fueled by higher gas prices, producer prices rose more than expected, while the University of Michigan's reading of consumer
confidence fell to its lowest level since April.
Despite the weaker reports, many investors still think that the Fed will decide to begin scaling back its quantitative easing
program at a meeting next week.
The Fed's bond buying drive has helped push stocks to record highs, and investors have worried that any sort of "tapering" will
deflate the markets.
"The current expectation is that we'll see a small notional tapering at next week's Fed meeting," said Simon Smith, chief
economist at FxPro.
Related: Fear & Greed Index still idling in neutral

Traders also continued to watch for developments on the Syrian conflict. The threat of U.S.-led military strikes against the
Middle Eastern country has receded as Secretary of State John Kerry continues to pursue diplomatic negotiations over Syria's
chemical weapons.
European markets closed lower Friday, while most major Asian indexes also closed in the red.
money.cnn.com/2013/09/13/investing/stocks-markets/index.html?iid=HP_LN

2/3

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The September stock surge continues - Sep. 13, 2013

First Published: September 13, 2013: 9:44 AM ET

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Stocks Jump as Summers Exits Fed-Chief Contest; Apple Weighs | Fox Business
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Pr int
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Wall Street cheered news that Larry Summers will be bowing out of

Shar e
Like

the race to become the next Fed chief. However, tumbling Apple
shares restricted the Street's gains.

Tw eet

Today's Markets

Shar e

The Dow Jones Industrial Average rallied 119 points, or 0.77%, to


15495, the S&P 500 jumped 9.6 points, or 0.57%, to 1678 and the

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Nasdaq Composite fell 4.3 points, or 0.12%, to 3718.

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The Dow posted its best biggest gains since early January last week
as worries cooled about Syria and the Federal Reserve's plans to

1 Street Cheers Sum m ers'


Ex it from Fed Race
2 Economic Hypochondria
3 JetBlue: Verizon Not Behind
Friday's Delays
4 Euro Markets Rally
5

Stocks Jump as Summers Exits Fed-Chief


Contest
See all tr ends

Mar k et Check

pare back its vast bond-buying program. The focus was expected to
center around the Fed this week.
Former Treasury Secretary Larry Summers took his hat out of the ring
for consideration to be the next Fed chairman Sunday amid concerns
over a potentially caustic confirmation fight. The move almost
immediately ricocheted through financial markets.

Apple shares weigh on the


Nasdaq
Str eet Cheer s Sum m er s ' Exit fr om Fed Race
Stock s Jum p as Sum m er s Exits Fed-Chief
Contes t

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1/4

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Stocks Jump as Summers Exits Fed-Chief Contest; Apple Weighs | Fox Business

Summers' sudden withdrawal "opens the door for (Fed Vice


Chairman) Janet Yellen to take over the top spot," said Todd
Schoenberger, managing partner at LandColt Capital in New
York. Analysts at Potomac Research Group, a Washington-based
political consultancy, echoed that thinking, writing to clients that Yellen
is now the "clear favorite."

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"Wall Street will praise the idea that a decision on Yellen is imminent,
and that she is most likely to continue to stay with the current
Bernanke thesis," Schoenberger said, pointing to the aggressive
easing program the central bank has embarked on.

GE

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Today

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However, Shoenberger noted that what's good for Wall Street might
not be good for the economy, questioning whether more asset
purchases will make a material change in the economic trajectory.
The central bank kicks off its critical September policy-setting
meeting on Tuesday. Analysts expect the Fed to taper its bond
purchases down by $10 billion a month to $75 billion, and potentially
adjust the mix of assets it buys.
Also on the economic front, the New York Federal Reserve's gauge of
manufacturing activity in the Empire State region dropped to 6.3 in
September from 8.2 in August, widely missing expectations the
measure would rise to 9.2. Readings above 0 point to expansion,
while those below indicate contraction.
Elsewhere, in corporate news, Apple (AAPL ) shares came under
heavy selling pressure on worries that its popular iPhone is losing its
edge. The movement put the tech-heavy Nasdaq under pressure and
also weighed on the more well-balanced S&P 500.
In commodities, U.S. crude oil futures dropped $1.60, or 1.5%, to
$106.60 a barrel. Wholesale New York Harbor gasoline slid 1.8% to
$2.72 a gallon. Gold rose $3.60, or 0.28%, to $1,312 a troy ounce.
Foreign Markets
The Euro Stoxx 50 jumped 0.92% to 2894, the English FTSE 100
rallied 0.93% to 6645 and the German DAX surged 12% to 8615.
In Asia, the Japanese Nikkei 225 edged up by 0.12% to 14405 and
the Chinese Hang Seng rallied 1.5% to 23252.
Follow Adam Samson on Twitter @adamsamson.
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Stocks Jump as Summers Exits Fed-Chief Contest; Apple Weighs | Fox Business

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Stocks Jump as Summers Exits Fed-Chief Contest; Apple Weighs | Fox Business
Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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9/17/13

Sensex up 61 points as IT stocks gain on weak rupee - The Hindu

B u sine ss M ark e ts
Sen sex u p 61 po in ts as IT sto ck s gain o n w eak ru pee
PTI

Erasing early losses, the BSE benchmark Sensex on Tuesday ended with a gain of over 61 points at 19,804.03 on the
back of rise in IT stocks as the rupee showed signs of weakness against US dollar in the run up to the two-day Federal
Open Market Committee (FOMC) meeting.
The Sensex, which had added 10 points in the previous session, witnessed a volatile session. After opening slightly
lower, it fell to 19635.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade

www.thehindu.com/business/markets/sensex-up-61-points-as-it-stocks-gain-on-weak-rupee/article5138126.ece

1/1

9/17/13

Wall Street Creeps Higher as Fed Decision Looms Large | Fox Business
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The markets tilted higher on Tuesday on the back of tame inflation

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data. But traders were cautious to make big moves ahead of the all0
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the race to become the next Federal Reserve chair. Wall Street

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continued paying close attention to the central bank Tuesday, with a


two-day policy-setting meeting getting started on the day.
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billion to $75 billion a month as it looks to keep its foot on the
accelerator without causing the economy to overheat. However, a
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blurred expectations to some extent. At the same time, price pressure


www.foxbusiness.com/markets/2013/09/17/wall-street-creeps-higher-as-fed-decision-looms-large/

1/3

9/17/13

Wall Street Creeps Higher as Fed Decision Looms Large | Fox Business

has remained largely subdued, giving the Fed more wiggle room.
To that end, the Labor Department said consumer prices rose 0.1%
in August from July, slightly missing economists expectations they
would rise 0.2%. Prices were up by the same margin excluding the
food and energy components, matching expectations.

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"The weak inflation prints support the Fed in its efforts to stimulate the
U.S. economy even though the composition and form of that stimulus
may change," Dan Greenhaus, chief global strategist at BTIG wrote in
an email to clients.

GE

GENERAL ELECT...

MSFT

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+1.16%
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455.32
4:00 PM

17.44
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45.07
4:00 PM

24.45
4:00 PM

32.93
4:00 PM

The closely-watched ZEW index of German investor sentiment also


surged to 49.6 in September from 42 in August. The reading from
Europe's powerhouse economy is emblematic of the economic
recovery taking place across the embattled eurozone.
In corporate news, Microsoft (MSFT) upped its quarterly dividend by
5 cents, or 22%, to 28 cents a share. The software giant's board also
approved a new $40 billion share buyback plan.
J.P. Morgan Chase (JPM) was said to face a fine of between $700
million and $800 million to settle U.S. and UK investigations into the
massive 'London Whale' trading loss, according to multiple media
reports. A spokesperson declined a FOX Business request for
comment on the matter.
Elsewhere, U.S. crude oil prices fell 20 cents, or 0.18%, to $106.40 a
barrel. Wholesale New York Harbor gasoline rose 0.07% to $2.718 a
gallon. Gold rose $4.30, or 0.33%, to $1,322 a troy ounce.
Foreign Markets
The Euro Stoxx 50 fell 0.44% to 2882, the English FTSE 100 dipped
0.48% to 6591 and the German DAX slumped 0.25% to 8591.
In Asia, the Japanese Nikkei 225 slid 0.65% to 14312 and the
Chinese Hang Seng ticked lower by 0.31% to 23181.
Follow Adam Samson on Twitter @adamsamson.
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Wall Street Creeps Higher as Fed Decision Looms Large | Fox Business

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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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3/3

9/18/13

Sensex advances 158 points before US Fed decision - The Hindu

B u sine ss M ark e ts
Published: September 18, 2013 16:43 IST | Updated: September 18, 2013 16:44 IST

Sen sex advan ces 158 po in ts befo re US Fed decisio n


PTI

Fuelled by late buying, the BSE benchmark Sensex on Wednesday gained for the third straight day to end 158 points
higher on the back of banking, FMCG, oil&gas and healthcare shares ahead of the US Federal Reserves decision on
reducing its monthly bond purchases.
After gaining 71 points in last two sessions, the Sensex rose by 158.13 points, or 0.80 per cent to end at 19,962.16.
The broad-based National Stock Exchange index Nifty rose by 49.25 points, or 0.84 per cent to 5,899.45.
Also, SX40 index, the flagship index of MCXSX, ended at 11,801.58, up 78.94 points or 0.67 per cent.
The outcome of the two-day Fed meeting will be known after 2 pm EST in the US (about 11:30pm Indian time).
Domestic markets also got a boost from falling crude oil as Brent slipped towards $108 a barrel mark.
In 30-share Sensex components, 24 stocks gained while six ended lower. Major supporters were Dr Reddys, HDFC
Bank, SBI, ICICI Bank, HUL, ITC, RIL, L&T, Maruti Suzuki, Tata Power, Wipro and Sun Pharma.
Sectorally, the realty sector index gained the most by 2.03 per cent, followed by banking index (1.56 per cent), FMCG
index (1.37 per cent) and oil and gas index (0.87 per cent).
Meanwhile, the Indian rupee traded near 63.2 levels when the domestic stock market closed.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
Printable version | Sep 18, 2013 8:42:42 PM | http://www.thehindu.com/business/markets/sensex-advances-158points-before-us-fed-decision/article5140751.ece
The Hindu

www.thehindu.com/business/markets/sensex-advances-158-points-before-us-fed-decision/article5140751.ece?css=print

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9/18/13

S&P Surges to Record High After Fed Shocks Wall Street | Fox Business
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The Dow Jones Industrial Average rose 146 points, or 0.94%, to
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The much-anticipated Fed decision day finally came. But it wasn't


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TRENDING IN NEWS

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See all tr ends

Mar k et Check

per-month bond-buying program. Wall Street analysts broadly


expected the central bank to begin tapering at this meeting. A set of
projections provided along with the statement said most members of
the Fed's policy-setting board expect to begin raising short-term
interest rates in 2015.

Gold prices jump on Fed decision


Still a Reces s ion for Typical Am er ican Fam ily?
Stock s Shoot Up to Recor d Highs as Fed Shock s
the Str eet

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9/18/13

S&P Surges to Record High After Fed Shocks Wall Street | Fox Business

Stocks immediately shot up on the news, while Treasury yields


dropped sharply. In fact, the Dow and S&P 500 logged new all-time
highs. The Nasdaq is trading at its highest mark since 2000.

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APPLE INC.

Read: Insiders React to Fed's 'No Taper' Call

Also on the economic front, the Commerce Department said housing

FB

FORD MOTOR CO...

starts rose 0.9% in August to an annual rate of 891,000 units, widely


missing expectations of 917,000 units. Housing permits fell 3.8% to
an annual rate of 918,000 units, missing estimates of 950,000.
In corporate news, FedEx (FDX) shares climbed after the shipping

FACEBOOK INC.

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giant revealed a 6.5% rise in first-quarter profits. Adobe (ADBE) also


jumped after it reported strong subscriber growth.
U.S. crude oil prices advanced 50 cents, or 0.47%, to $105.92 a
barrel. Wholesale New York Harbor gasoline rose 0.15% to $2.665 a
gallon. Gold fell $9.50, or 0.73%, to $1,300 a troy ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.64% to 2909, the English FTSE 100 gained
0.14% to 6579 and the German DAX advanced 0.49% to 8639.
In Asia, the Japanese Nikkei 225 rallied 1.4% to 14505 and the
Chinese Hang Seng fell 0.27% to 23117.

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9/19/13

Sensex zooms 685 points as markets cheer Fed decision - The Hindu

B u sine ss M ark e ts
Published: September 19, 2013 14:00 IST | Updated: September 19, 2013 17:26 IST

Sen sex z o o m s 68 5 po in ts as m ark ets ch eer Fed decisio n


PTI

Brokers said market sentiment turned extremely bullish on a flurry of buying by


funds driven by strengthening rupee. File photo

PTI

The BSE benchmark Sensex on Thursday galloped by 685 points to close at nearly 3-year high of 20,646.64 on
massive buying in interest-sensitive sectors after US Feds decision to leave economic stimulus untouched spurred
hopes that RBI will ease monetary policy on Friday.
The rise in Indian stock markets, which made investors richer by a staggering Rs 1.84 lakh crore, was a part of the
global rally in equities as fears of immediate FII outflows lessened after Federal Reserve decided to maintain status
quo on its monthly USD 85 billion bond-buying programme.
The rupee was trading at 61.8 versus the dollar, up over 150 paise, when stock markets closed for the day.
Rising for the fourth straight day, the Sensex spurted by 684.48 points, or 3.43 per cent to end at 20,646.64 -- a level
last seen on November 10, 2010. Thursdays gains are the biggest since 727 point-rise on September 10.
28 constituents of the 30-share Sensex gained with ICICI Bank, ITC, HDFC Bank, HDFC, L&T and SBI contributing
heavily.
RIL, ONGC, Tata Motors, Bharti Airtel, Tata Steel also gained.
Overall in BSE, 1430 stocks rose while 997 scrips fell.
The 50-share National Stock Exchange index surged 216.10 points, or 3.66 per cent to 6,115.55, after touching a high
of 6,145.50. Also, SX40 index, the flagship index of MCX-SX, closed at 12,232.1, up 430.52 points or 3.65 per cent
today.
There was relief among emerging markets in a salute to Feds Taper Hold decision. Indian markets also rose on
reduced threats of foreign money as well as in anticipation of a favourable policy from the new RBI Governor, said
Dipen Shah, Head -- Private Client Group Research, Kotak Securities.
The banking index gained the most by rising 6.78 per cent as the 13 constituents surged by up to 23 per cent. SBI shot
up by 8.07 per cent, ICICI Bank by 6.55 per cent, HDFC Bank by 5.13 per cent and Yes Bank by 22.54 per cent.
Shares of oil retailers gained as a rally in the rupee against the dollar was seen easing concerns about higher cost of
www.thehindu.com/business/markets/sensex-zooms-685-points-as-markets-cheer-fed-decision/article5144885.ece?homepage=true&css=print

1/2

9/19/13

Sensex zooms 685 points as markets cheer Fed decision - The Hindu

crude oil imports. HPCL, ONGC, BPCL and IOC rose.


Yesterday, observing Americas economic growth has been proceeding at a moderate pace amid uneven improvement
in labour market conditions, US Fed decided to maintain a status quo on bond-buying programme.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade, Federal Reserve, stimulus package, quantitative easing, bond buying
Printable version | Sep 19, 2013 5:39:50 PM | http://www.thehindu.com/business/markets/sensex-zooms-685points-as-markets-cheer-fed-decision/article5144885.ece
The Hindu

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2/2

9/26/13

Sensex up 38 points - The Hindu

B u sine ss M ark e ts
Published: September 26, 2013 16:39 IST | Updated: September 26, 2013 23:23 IST

Sen sex u p 38 po in ts
Special Correspondent

Su n P h a rm a sc rip su rg ed to a n a ll-tim e h ig h o f Rs 5 8 6.8 0 a n d c lo sed a t Rs 5 8 3.5 0 o n h o pes o f h ig h er sa les o f a k ey c a n c er dru g


f o llo w in g repo rts th e dru g is lik ely to be in sh o rt su pply so o n .

PTI

The S&P BSE Sensex moved up by 37.61 points to 19893.85. Among the sectoral indices, healthcare stocks gained the
most with 0.84 per cent, followed by power (0.82 per cent), capital goods (0.63 per cent) and fast moving consumer
goods (0.56 per cent). Oil & gas was the worst hit with a fall of 1.14 per cent followed by consumer durables (0.99 per
cent) and realty (0.61 per cent).
The Sensex stayed range-bound and appreciated slightly, appearing to teeter around the all important 20000 mark.
There seems to be strong resistance at this benchmark point; if the Sensex can rally through the resistance point, then
we can expect an upward surge in the near future, said Raghu Kumar, co-founder, RKSV, a leading broking firm.
On the National Stock Exchange, the 50-share Nifty closed at 5882.25 with a gain of 8.40 points.
We expect some correction in the October series. Weak rollovers indicate lack of long aggression, Sahaj Agrawal,
Deputy Vice-President-Derivatives Research, Kotak Securities, said.
Keywords: BSE, NSE, Sensex, Nifty, RBI intervention, closing trade
Printable version | Sep 27, 2013 7:46:33 AM | http://www.thehindu.com/business/markets/sensex-up-38points/article5170171.ece
The Hindu

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9/26/13

Stocks break five-day losing streak - Sep. 26, 2013

Stocks break five-day losing streak


By Hibah Yousuf @CNNMoneyInvest September 26, 2013: 4:29 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

After five straight days of losses, stocks gained ground Thursday.


The Dow Jones industrial average, S&P 500 and Nasdaq ended slightly higher. The Dow and S&P 500 are about 2% from the
record highs hit just last week.
Market sentiment has taken a hit in the past few days as investors worry about a possible government shutdown and the
upcoming debt limit. Congress has less than a week to agree on a short-term funding bill to prevent a shutdown on Oct. 1, and
despite all the squabbling, investors largely assume that lawmakers will reach a last-minute deal.
"Expectations are that a stop gap budget will once again be proposed and approved," said Tom Stringfellow, chief investment
officer at Frost Investment Advisors.
Senate Majority Leader Harry Reid tried to use the recent dip in stocks to help convince lawmakers to come to an agreements.
"Five days in a row, the longest continuous period since 2012, the stock market has gone down and they all say it is a result of the
fear of the government shutting down," he said on the Senate floor Thursday morning. "And why should the financial markets
feel any differently? People are still speaking about closing the government!"
Earnings on the horizon: Though Washington is in the spotlight, investors will also soon turn their attention to third-quarter
earnings .
Analysts expect earnings growth of 3.6% for the S&P 500 companies, according to S&P Capital IQ estimates. That would be the
smallest increase in a year. But revenue is forecast to grow by 4.8%, the best pace in over a year.
Nike ( NKE, Fortune 500), one of the newest members of the Dow, released its latest quarterly results after the closing bell.
Shares jumped in after-hours trading as the company's earnings topped forecasts. Investors were also impressed by the
company's growth in future orders, which is an indication that sales should be strong for the next few months.
What's moving: Facebook ( FB) shares hit an all-time high above $50 a share. Shares have nearly doubled since Facebook's
second-quarter earnings report in July that reassured investors about the company's mobile strategy. The rally marks a sharp
reversal for the stock , which was a big disappointment after its botched May 2012 IPO.
"$FB Smoking!," commented StockTwits users smarterthanyou. "How quickly disdain can turn to ravenous passion. $FB has
money.cnn.com/2013/09/26/investing/stocks-markets/index.html?iid=HP_LN

1/3

9/26/13

Stocks break five-day losing streak - Sep. 26, 2013

gone from the most hated to one of the most adored."

Oracle is losing America's Software Cup


Yahoo ( YHOO, Fortune 500) shares rose to a 6-year high of $33 a share, the same price that Microsoft ( MSFT, Fortune 500)
bid for the company in 2008. Yahoo is in the midst of a turnaround, led by CEO Marissa Mayer. Plus, the stock has been getting
extra attention as investors anticipate the upcoming IPO of Alibaba. Yahoo owns 24% of Alibaba, making it the second largest
shareholder in the company.
"The Yahooligans just keep winning, well deserved, hard turnaround but it seems like they are on track, and Alibaba going public
$YHOO," said LDrogen on StockTwits.
StockTwits trader Cow added, "Buy $YHOO = buy a piece of alibaba before the IPO."
Related: Fear & Greed Index wallows in fear

Shares of eBay ( EBAY, Fortune 500) jumped after the company said it will buy online payment platform Braintree for $800
million, and will combine it with PayPal. Traders were optimistic about the acquisition.
"$EBAY Braintree deal pretty much guarantee that Paypal hits their annual transaction goals by 2015," said crosenfield, noting
that Braintree will benefit as its customers like Airbnb, Uber and OpenTable ( OPEN) continue to grow.
J.C. Penney ( JCP, Fortune 500)shares bounced back Thursday after J.C. Penney CEO Mike Ullman reportedly told investors
that the company won't need to raise capital this year, according to CNBC. On Wednesday, the stock plunged 15% following
reports that the retailer might seek $1 billion through a stock sale.
In a statement Thursday morning, J.C. Penney said it is "pleased thus far in the company's turnaround efforts," and added that it
expects to book positive same-store sales during the third and fourth quarters.
But some StockTwits users remained skeptical.
"$JCP I want to believe in a turnaround but who really thinks $JCP has anything competitive except price?" asked zwischler.
"Their clothes are not great brands."

First Published: September 26, 2013: 9:49 AM ET

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Wall Street Snaps Five-Day Losing Streak | Fox Business


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Wall Street Snaps Five-Day Losing Streak | Fox Business


Wall Str eet Rally Los es Steam

Todd Schoenberger, managing partner at LandColt Capital, said the


markets will "respond favorably" to the report since the tepid reading
could force the Federal Reserve to continue on with its aggressive
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Meanwhile, the Labor Department said claims for initial jobless


benefits fell to 305,000 last week from an upwardly revised 310,000
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previously-owned homes fell 1.6% in August, more than the 1% drop


economists expected. The housing market has been picking up
steam, and helping the economy, according to economists. However,
analysts are keeping a close eye on how rising interest rates may
affect demand.
In corporate news, eBay (EBAY) said it would buy global payment
platform Braintree for $800 million in cash.
In commodities, U.S. crude oil futures rose 48 cents, or 0.47%, to
$103.14 a barrel. Wholesale New York Harbor gasoline advanced
0.65% to $2.674 a gallon. Gold rose $1.30, or 0.1%, to $1,338 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 dipped 0.21% to 2921, the English FTSE 100 fell
0.02% to 6550 and the German DAX sliped 0.1% to 8657.
In Asia, the Japanese Nikkei 225 rallied 1.2% to 14799 and the
Chinese Hang Seng slumped 0.26% to 23125.

Follow Adam Samson on Twitter @adamsamson.


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10/2/13

Sensex recovers by 59 points in early trade - The Hindu

B u sine ss M ark e ts
Published: October 1, 2013 10:39 IST | Updated: October 1, 2013 10:39 IST

Sen sex reco vers by 59 po in ts in early trade


PTI

Sensex opens 59 points up to 19,438.72, with consumer durables, realty, capital goods and banking sector stocks leading the recovery. File
Photo: PTI

PTI

Rises to 19,438 .72, w ith c o n su m er du ra bles, rea lty , c a pita l g o o ds a n d ba n k in g sec to r sto c k s lea din g th e rec o v ery .

The benchmark S&P BSE Sensex recovered by 59 points in early trade on Tuesday, snapping its two-session long
losing streak, on fresh buying by funds and retail investors.
The 30-share index, which had lost over 514 points in the previous two sessions, recovered by 58.95 points, or 0.30
per cent, to 19,438.72, with consumer durables, realty, capital goods and banking sector stocks leading the recovery.
The National Stock Exchange index Nifty rose by 26.50 points, or 0.46 per cent, to 5,708.80.
Brokers said fresh buying by funds and retailers amid a firm trend in Asian region mainly influenced the sentiment.
In Asia, Japans Nikkei rose by 1.19 per cent in early trade.
Keywords: BSE, Sensex, NSE, Nifty, opening trade
Printable version | Oct 3, 2013 7:22:31 AM | http://www.thehindu.com/business/markets/sensex-recovers-by-59points-in-early-trade/article5189074.ece
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10/2/13

Stocks shrug off shutdown, boosted by Apple - Oct. 1, 2013

Stocks shrug off shutdown, boosted by Apple


By Hibah Yousuf @CNNMoneyInvest October 1, 2013: 4:26 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Congress failed to pass a budget and triggered a government shutdown for the first time in nearly two decades Tuesday. But
Wall Street took Washington's latest breakdown in stride.
The Dow Jones industrial average rose 0.4%, the S&P 500 added 0.8% and Nasdaq jumped more than 1% to close above 3,800
for the first time since September 2000. World markets also rose, while the dollar slipped against other major currencies.
It may seem like a surprise that stocks were up this much. But the market had sold off during the past few days leading up to the
shutdown. The Dow and S&P 500 declined for seven of the last eight trading days, including the Dow's triple-digit loss on
Monday.
Many investors are expecting the shutdown to be resolved quickly, risking little damage to the overall economy, said Joe
Rundle, Head of trading at ETX Capital.
Related: Shutdown: What happens next

Plus, the market is far more concerned about the looming debt limit deadline. If the government hits its debt ceiling in midOctober, it will not be able to pay all of its bills.
"Republicans and Democrats must find some common ground and tackle their differences in order to formulate a new budget
which will raise the debt ceiling," said Rundle.
Icahn gives Apple a lift: Shares of Apple ( AAPL, Fortune 500) rallied after Carl Icahn tweeted that he met with Apple CEO
Tim Cook Monday and "pushed hard" for a $150 billion stock buyback. Icahn added that the two plan to continue the
conversation in three weeks, which will be around the time Apple releases its fiscal fourth-quarter earnings. The activist
investor also revealed that he now owns a nearly $2 billion stake in Apple.
The Icahn-Cook chat became a hot topic on StockTwits.
"$AAPL TC listens to Icahn bc he needs him to pump this stock back to life and regain momentum...simple as that Bullish," said
Bizfinder.
But others said Cook should ignore Icahn's push.

money.cnn.com/2013/10/01/investing/stocks-markets/index.html?source=yahoo_quote

1/3

10/2/13

Stocks shrug off shutdown, boosted by Apple - Oct. 1, 2013

"$AAPL Carl want a $150B buyback....if I were Tim Cook, I would tell him to go fly a kite...rather make a major acquisition with
that money," said goldengatesings2.
Icahn first revealed that he has a large stake in Apple in August, and has been discussing his desire for a larger share repurchase
program ever since. Apple currently has a plan to return $100 billion to shareholders over the next three years, mainly by buying
back its own stock. Apple also pays a dividend.
Manufacturing activity picks up: Investors were also keeping a close eye on the state of the manufacturing sector Tuesday. The
Institute for Supply Management's monthly report showed that manufacturing expanded more than expected in September,
with the index rising to its highest level since April 2011.
Major automakers were also issuing their monthly sales reports throughout the day. Ford ( F, Fortune 500) shares rose nearly
2% after reporting a 6% jump in sales for September. General Motors ( GM, Fortune 500) shares slipped after the company
said sales dropped 11%, compared with a year earlier. Toyota Motor ( TM) also reported a decline in sales.
Some car companies cited an early Labor Day as a problem. Since the holiday fell on September 2nd, many pre-Labor Day sales
took place in late August.
But traders thought that was a lame excuse.
"$GM complaining about Labor Day sales, $F isn't! Bullish," said StockTwits user simonsays452.
"$F Stronger sept than expected following great summer - Ford is crushing it!!! $F is eating $GM and $TM's lunch," added
ShamanStockPicker.
Related: Fear & Greed Index consumed by fear

What's moving: Drugstore operator Walgreen ( WAG, Fortune 500) beat earnings forecasts, sending shares higher. Rivals
CVS Caremark ( CVS, Fortune 500) and Rite Aid ( RAD, Fortune 500) were also on the rise.
Netflix ( NFLX) shares climbed 5% after MKM Partners raised its price target on the stock to $370. Shares hit an all-time high
of $324.70 Tuesday.
During an interview on CNBC, Icahn reiterated that he hasn't sold a single share of Netflix but also noted that given the recent
run-up, he "won't say it's a no-brainer" to buy.
While some traders interpreted Icahn's words to be bullish, StockTwits user Tstrar noted otherwise.
"$NFLX holding not buying is what Icahn is saying, get a grip," she said.
And gemczar21 added that "when Ichan dumps you will be the last to know."

Nothing is stopping Netflix


Shares of Merck (

MRK, Fortune 500) also advanced after the drug maker announced that it plans to cut 8,500 more jobs

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2/3

10/2/13

Stocks shrug off shutdown, boosted by Apple - Oct. 1, 2013

worldwide.

First Published: October 1, 2013: 9:43 AM ET

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Wall Street: What Shutdown? Data Lift Stocks | Fox Business


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Wall Street traders shook off a partial government shutdown, and

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instead chose to focus on a round of upbeat economic data.

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The Dow Jones Industrial Average climbed 62 points, or 0.41%, to


15192, the S&P 500 gained 13.5 points, or 0.8%, to 1695 and the

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Nasdaq Composite climbed 46.5 points, or 1.2%, to 3818.


Wall Street has a propensity for getting over things fast. Such was the

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Wall Street Looks Beyond Gov't Shutdow n

historic government shutdown. Indeed, the Nasdaq closed at its


highest level since 2001 in the day.

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After a string of late-night legislation punting between the Senate and


the House, the government officially went into shutdown mode at
12:00:01 a.m. ET. The Republican-controlled House would like to
repeal or water down the Affordable Care Act. However, the
Democratic-controlled Senate has little interest in changing President

ADP September jobs report falls


short of estimates

Barack Obama's hallmark legislation.


www.foxbusiness.com/markets/2013/10/01/wall-street-what-shutdown-data-lift-stocks/

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Wall Street: What Shutdown? Data Lift Stocks | Fox Business


Analys is Par alys is to be Eas ed by Govt
Shutdow n

The partial shutdown was the first since 1996, and will furlough up to
one million workers and halt a slew of non-essential services. The

Jobs Repor t Won't Be Releas ed Dur ing


Shutdow n

mood across world trading desks was a frustrated calm. Analysts


were broadly uncertain about when exactly the government would
open its doors again -- but also confident that the economic impact
would be fairly minimal.
Peter Boockvar, chief market analyst at The Lindsey Group, pinned

MOST POPULAR STOCKS

AAPL

APPLE INC.

the muted reaction to two reasons: "1)The market believes the

FORD MOTOR CO...

subsequent shutdown will be temporary and the eventual agreement

FB

will be wrapped up with a debt ceiling deal in the weeks to come and

FACEBOOK INC.

2)the Fed wont be tapering any time soon with the now GDP risk

GE

(however moderate) from the partial close of the government."


Still, Dan Greenhaus, chief global strategist at BTIG, told clients the

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market maker is becoming "increasingly nervous" about the


prospects of breaching the debt ceiling on October 17.
"As is commonly accepted, the budget debate is small potatoes when
compared to the seriousness that is the debt ceiling and the
ramifications if that debate is not handled in a more orderly manner,"
he warned.
Data Lift Spirits
Wall Street also got a stronger-than-expected report on the
manufacturing sector and somewhat encouraging U.S. auto-sales
data on the day.
Ford's (F) U.S. sales jumped 6% in September, compared to
expectations they would remain unchanged Chrysler saw its sales
rise 1% in September from the year, surprising analysts who were
expecting sales to dip.
The Institute for Supply Managements gauge of manufacturing activity
rose in September to 56.2 from 55.7 in August, surprising economists
who expected the metric to fall to 55. It was the highest reading since
April 2011.
The Commerce Department won't send out the construction spending
report due to the government shutdown.
Elsewhere in corporate news, Merck (MRK ) said it plans on slashing
8,500 jobs by 2015 in the process of cutting $2.5 billion in expenses.
In commodities, U.S. crude oil prices fell 29 cents, or 0.28%, to
$102.04 a barrel. Wholesale New York Harbor gasoline slid 0.67% to
$2.611 a gallon. Gold slumped $40.90, or 3.1%, to $1,286 a troy
ounce.

www.foxbusiness.com/markets/2013/10/01/wall-street-what-shutdown-data-lift-stocks/

2/4

10/2/13

Wall Street: What Shutdown? Data Lift Stocks | Fox Business

Foreign Markets
The Euro Stoxx 50 gained 0.49% to 2907, the English FTSE 100
dipped 0.41% to 6436 and the German DAX climbed 0.46% to 8634.
In Asia, the Japanese Nikkei 225 gained 0.2% to 14485.
Follow Adam Samson on Twitter @adamsamson.
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10/4/13

Stocks bounce back after steep slide - Oct. 4, 2013

Stocks bounce back after steep slide


By Hibah Yousuf @CNNMoneyInvest October 4, 2013: 4:28 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

Stocks moved higher Friday following two days of losses, but investors remained relatively cautious on the fourth day of the
government shutdown.
The Dow Jones industrial average, the S&P 500 and the Nasdaq advanced between 0.5% and 0.9%. The gains came at the end of
what was a mostly down week on Wall Street. The Dow fell 1.2% and the S&P 500 slipped 0.1%. Friday's move higher helped the
Nasdaq book a 0.7% gain for the week though.
The government shutdown has created plenty of uncertainty and left an estimated 800,000 federal employees waiting to go
back to work.
The shutdown is also delaying the release of the government's monthly jobs report, originally scheduled to come out Friday
morning. Since the recession, the report has become the most closely watched indicator on the economy.
Click here for more data on stocks, bonds, currencies and commodities

With little else to focus on, investors will continue to watch Washington for developments on the budget deal and the looming
deadline to raise the debt ceiling. Failure to raise the debt limit is likely to have a significant impact on the global economy, as
well as stocks, bonds and currency markets.
Though the political gridlock has sparked volatility on Wall Street, some experts say it is also creating bargains in the stock
market.
"Think of this period of uncertainty as a buying opportunity for investors who are under-allocated to equities and have a long
time horizon," said Kristina Hooper, head of investment and client strategies at Allianz Global Investors. She noted that
although stocks plummeted in 2011 in the aftermath of an ugly debt ceiling debate and subsequent credit downgrade, they
recovered and continued to rally.
Plus, it's unlikely the Federal Reserve is going to cut back on stimulus anytime soon, especially if the shutdown lingers and the
country defaults on its debt. The last thing the Fed wants to do is scale back, or taper, its $85 billion per month in bond
purchases at a time that could send the market into a tailspin, Hooper said.
Related: Fear & Greed Index still shows fear

money.cnn.com/2013/10/04/investing/stocks-markets/index.html?iid=HP_LN

1/3

10/4/13

What's moving: Shares of Facebook (


sharing tool Instagram.

Stocks bounce back after steep slide - Oct. 4, 2013

FB) moved higher after the company said it will start selling advertising on its photo

While ads might be bothersome for users, investors were excited about how they might boost Facebook's revenue and bottom
line.
"$FB Instagram monetization means all analysts estimates and price targets are WAY low, add about $8-$10 + to EVERY
current price target," said StockTwits user TeslaMan.
Facebook competitor Twitter made its IPO filing public late Thursday. Twitter revealed that it is still unprofitable. The
company also said it will trade under the symbol TWTR, though it hasn't yet said on which exchange it will list. Goldman Sachs
( GS, Fortune 500) is the lead underwriter for the IPO.

Twitter IPO: 5 big numbers


As investors await Twitter's public debut, some investors drove the stock of a bankrupt electronic retailer higher. Tweeter
Home Entertainment Group ( TWTRQ) shares soared nearly 700% Friday on heavy volume. The company, which still trades at
only 5 cents a share, filed for bankruptcy in 2007 and went out of business in 2008. But investors may have mistaken it for
Twitter since Tweeter's symbol is TWTRQ.
StockTwits users were quick to notice the difference.
"Twitter Look-Alike Ticker Triggers 684% Advance in Penny Stock," said AlephBlog. "Big difference btw Twitter $TWTR &
Tweeter $TWTRQ $$."
Related: Investors take a big bit of Potbelly IPO

Though Twitter's IPO is the most highly anticipated market debut since Facebook, investors were salivating over the IPO of a
Chicago-based sandwich shop Friday. Potbelly ( PBPB) surged 120% from its offering price as it began trading on the Nasdaq.
But StockTwits users didn't seem to get the hype.
"$PBPB I don't get it. Has anyone eaten here?," asked StalkinStocks. "It's really not very good... I went once and have no desire to
go back. Looking for puts."
Even those who enjoy the sandwiches were skeptical.
"$PBPB Good lord," said tickertutor. "Their sandwiches are good, but I would have never expected this the first day out."
Related: Debt fight could spark a recession

Tesla ( TSLA) shares were higher following a three-day slide that shaved more than 10% of the value off the electric car
maker's high-flying stock. The stock really took off at the end of the day after CEO Elon Musk published a blog post explaining
what happened with a Model S that crashed earlier in the week. Images of the car in flames led some traders to wonder if Tesla's
reputation as a maker of safe cars would be at risk.

money.cnn.com/2013/10/04/investing/stocks-markets/index.html?iid=HP_LN

2/3

10/4/13

Stocks bounce back after steep slide - Oct. 4, 2013

But some investors simply wonder if the stock has run up too far too fast. Shares of Tesla have climbed more than 400% this
year, and are trading at 100 times 2014 earnings estimates.
Tesla bears may question its lofty valuation, but StockTwits user never2long said that fans of the stock aren't going to be
deterred by a high P/E ratio : "$TSLA It's foolish to think that TSLA isn't overvalued, but it's also foolish to think the market
cares."
Shares of J.C. Penney (
lowest since 1982.

JCP, Fortune 500) continued to take a beating. The stock price of the troubled retailer fell below $8, its

First Published: October 4, 2013: 9:48 AM ET

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Stocks rise on hope that DC will end its bickering: Associated Press Business News - MSN Money

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NEW YORK (AP) - Wall Street thinks Washington's gridlock could be easing.

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Apple Inc (AAPL)

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"Call it 'modest optimism,'" said Frank Davis, director of sales and trading at LEK Securities.

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31 Stories...

The stock market rose for just the third time in 12 days. The Dow Jones industrial average closed up 76.10 points,
or 0.5 percent, at 15,072.58. The Standard & Poor's 500 index rose 11.84 points, or 0.7 percent, at 1,690.50 and the
Nasdaq composite index gained 33.41 points, or 0.9 percent, at 3,807.75.

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Stocks posted modest gains Friday, driven by budding optimism among traders that Washington's bickering
politicians can reach an agreement on the budget and on increasing the government's borrowing limit soon.

Traders aren't expecting a miracle. The rhetoric between Democrats and Republicans remains as hot as ever. But
the pressure to end the shutdown and raise the debt ceiling is climbing quickly.
"The thought is that the Republicans and Democrats will soon work this out before Oct. 17," Davis said, referring to
the date the Treasury Department said the government's borrowing authority would be exhausted.
On Friday, House Speaker John Boehner reemphasized that he won't let the U.S. government default on its debts.
There were also reports that Boehner was looking to bring House Republicans together to pass some sort of
budget compromise that would include raising the debt ceiling.
Davis noted that it's a positive sign that investors are buying stocks heading into a weekend, especially with how
volatile the political climate in Washington has been.
Despite Friday's gains, the trend for the last three weeks in the stock market has been lower. The Dow is down
nearly 4 percent since hitting an all-time high on Sept. 18.
While remote, the possibility of the U.S. failing to pay its bills or creditors remains a deep concern to investors.
"Credit markets could freeze, the value of the dollar could plummet, U.S. interest rates could skyrocket, the negative
spillovers could reverberate around the world, and there might be a financial crisis and recession that could echo
the events of 2008 or worse," the Treasury Department said in a report Thursday.
Investors went through a similar case of political brinkmanship in August 2011, which ultimately led to Standard &
Poor's downgrading the United States' credit rating. The S&P 500 fell roughly 12 percent in the weeks that followed.

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Because of that precedent, the political noise out of Washington has come to dominate nearly all conversations on
Wall Street.
Under normal circumstances, traders would have the government's monthly jobs report to parse through on the first
Friday of the month. But the shutdown has forced the Labor Department to postpone the release of September's
data for at least the foreseeable future.
And few traders are talking about third quarter corporate earnings reports either, which start next week.
"The market is going to remain completely occupied by Washington until this is resolved," said Bob Doll, chief
equity strategist and portfolio manager at Nuveen Asset Management, which oversees $126 billion.
Despite these concerns, Doll and other investors believe the possibility that the U.S. government would willingly
default on its debt is remote.
"It's hard to really say how this is going to end, but I think it's unthinkable that it will end with a default of the U.S.
government," said Steve Auth, chief investment officer at Federated Investors.
Not all parts of the market were optimistic Friday. Yields for the one-month T-bill that mature around the time the
U.S. government is expected to hit its borrowing limit have risen to their highest level in a year. The yield on onemonth T-bill was 0.12 percent, up sharply from 0.01 percent five days ago.
Bond market observers said that fund managers for money market funds, who primarily invest in these types of
securities, have been selling short-term Treasuries. Fund managers don't want to be stuck holding U.S.
government debt maturing around the time the federal government hits its borrowing limit.
Average investors have also been moving out of riskier assets as well. Roughly $300 million was pulled from stock
mutual funds last week, according to fund tracking firm Lipper. It was the first time this year that mutual funds saw

money.msn.com/business-news/article.aspx?feed=AP&date=20131004&id=16968084

1/2

10/4/13

Stocks rise on hope that DC will end its bickering: Associated Press Business News - MSN Money

net outflows, Lipper said. Exchange-traded funds also saw investors head toward the exits, with $2.8 billion leaving
ETFs last week.
"We have seen a pull out of (stocks) and investors moving to cash," said Kristina Hooper, head of U.S. investment
strategies at Allianz Global Investors. "We're very focused on being there, holding our client's hand and helping
them think about the long-term so they're not getting rattled by what is short-term event."
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten
or redistributed.

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2013 Microsoft

2/2

10/8/13

Sensex gains 88.5 points after RBI eases liquidity - The Hindu

B u sine ss M ark e ts
Published: October 8, 2013 16:37 IST | Updated: October 8, 2013 18:00 IST

Sen sex gain s 8 8 .5 po in ts after RBI eases liqu idity


PTI

The Sensex on Tuesday jumped by 88.51 points to end at a nearly three-week high on good buying in rate-sensitive
sectors like realty, banking and consumer durables after the RBI eased the cash availability situation ahead of the
festive season.
After a higher start at 20,094.21, the Sensex touched days high of 20,094.21 before closing at 19,983.61 -- up 88.51
points, or 0.44 per cent. This is the highest closing level since September 20 (20,263.71).
Gainers were led by Bharti Airtel, ICICI Bank, Infosys, ITC, Jindal Steel, L&T, NTPC and ONGC. In the overall 30share Sensex, 13 stocks advanced and 16 ended lower while Reliance Industries settled almost unchanged.
The Reserve Bank of Indias (RBI) measures to ease liquidity will benefit banks as they enter the busy credit season.
The gradual unwinding of Julys extraordinary liquidity squeeze also reflects RBIs growing confidence in managing
the current account deficit in the short-term, said India Ratings & Research.
On similar lines, the broad-based National Stock Exchange index Nifty closed higher by 22.25 points, or 0.38 per
cent, at 5,928.40, after touching a high of 5,981.70. Also, SX40 index, the flagship index of MCX-SX, gained 48.17
points to end at 11,904.62.
Brokers said a firming trend in the Asian region further supported the uptrend. Meanwhile, the rupee was trading
almost flat at 61.89 versus the US dollar.
Sectorally, the BSE Realty sector index gained the most by rising 1.57 per cent, followed by capital goods index (1.32
pc), FMCG index (0.78 pc), power index (0.76 pc) and banking (0.67 pc).
Yesterday, the RBI announced it is reducing the marginal standing facility rate by a further 50 basis points to 9.0 per
cent with immediate effect. It also said it would provide additional liquidity through term repos of 7-day and 14-day
tenor for a notified amount equivalent to 0.25 per cent of net demand and time liabilities of the banking system
through variable rate auctions on every Friday beginning October 11.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
www.thehindu.com/business/markets/sensex-gains-885-points-after-rbi-eases-liquidity/article5213968.ece?css=print

1/2

10/9/13

Sensex climbs 266 points as trade gap narrows to 30-month low - The Hindu

B u sine ss M ark e ts
Published: October 9, 2013 14:20 IST | Updated: October 9, 2013 17:47 IST

Sen sex clim bs 266 po in ts as trade gap n arro w s to 30-m o n th lo w


PTI
Bro k ers sa id tra din g sen tim en t bo lstered o n repo rts o f th e tra de def ic it in Septem ber ea sin g to a 30 -m o n th lo w

The benchmark Sensex erased early losses and surged 266 points to close above the 20,000 mark for the first time in
almost three weeks after the latest trade data indicated the governments efforts to rein in the current account deficit
are working.
Realty sector shares rose sharply, followed by healthcare, bank and capital goods stocks as 12 of the 13 BSE industry
groups advanced.
Heavyweights Infosys and Reliance Industries, along with HDFC Bank and Sun Pharma, helped to prop up the Sensex.
The 30-share S&P BSE Sensex initially dropped to a low of 19,826.96 after Reserve Bank of India Governor Raghuram
Rajan said the monetary policy should aim at lowering inflation expectations.
Sentiment was also hit after the International Monetary Fund forecast Indias economic growth rate would fall to 4.25
per cent in the year ending March 31, 2014.
The Sensex bounced back after the trade data was released and ended at 20,249.26, a rise of 265.65 points or 1.33 per
cent. It was the highest close for the index since 20,263.71 on September 20.
The government said the trade deficit in September narrowed to a 30-month low as gold and silver imports plunged.
While exports grew 11.15 per cent, imports declined 18.1 per cent last month.
The trade deficit for September came to a more than twoyear low at USD 6.7 billion. This can be beneficial for the
Indian currency as well as controlling the current account deficit, said Rakesh Goyal, senior vice president at
Bonanza Portfolio Ltd. Financial and banking stocks recovered from lower levels and showed strength after this news.
Positive economic data and optimism ahead of quarterly results have led to this rally.
The 50share CNX Nifty on the National Stock Exchange shot up 79.05 points, or 1.33 per cent, to 6,007.45. The
SX40 index on the MCX Stock Exchange gained 151.11 points to end at 12,055.73.
Keywords: Sensex, opening trade, IMF projection
Printable version | Oct 9, 2013 8:20:19 PM | http://www.thehindu.com/business/markets/sensex-climbs-266-pointsas-trade-gap-narrows-to-30month-low/article5216675.ece
The Hindu

www.thehindu.com/business/markets/sensex-climbs-266-points-as-trade-gap-narrows-to-30month-low/article5216675.ece?css=print

1/1

10/9/13

Wall Street Welcomes Fed News, Halts Two-Day Selloff | Fox Business
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By Adam Samson / Pub lished Octob er 09, 2013 / FOXBusiness


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eventually begin lifting interest rates.
www.foxbusiness.com/markets/2013/10/09/wall-street-welcomes-fed-news-halts-two-day-rout/

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10/9/13

Wall Street Welcomes Fed News, Halts Two-Day Selloff | Fox Business
ExxonMobil
Perspectives Blog

Yellen is seen as on the dovish side of the spectrum -- supporting


aggressive easing -- so the move came as positive news for market
participants, especially in emerging markets where worries about
tapering have taken a steep toll.

What's this?

"Yellens nomination is a clear signal that the highly accommodative


monetary policy stance will likely remain in place," Michael Gapen, an
economist at Barclays wrote to the investment bank's clients.
"Although Yellen has not made a public speech in some time to avoid
any potential conflict with the nomination process, her views on
monetary policy have been consistent during the recovery phase and
we see it as unlikely that her views have changed markedly in recent
months."
Also on the Fed front, members of the Federal Reserves policysetting board looked to signal to market participants the central bank
is prepared to be patient in its plans to trim its vast bond-buying
program, minutes from the September FOMC meeting show.

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See all tr ends

The minutes said the policy-setting board remained concerned about


mixed economic data, tightening financial conditions and political

Jobs Repor ts

strife in Congress.
Still, traders and analysts continued paying very close attention to
events in Washington, D.C., where a partial government shutdown
dragged into its ninth day. Lawmakers remained deadlocked as a
scarier October 17 deadline to boost the U.S. debt ceiling loomed just
days away.

Should the government have


released the jobs report?
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"With no imminent resolution to the US political deadlock, there are

Jobs Repor t Won't Be Releas ed Dur ing


Shutdow n

increasing signs of nervousness in markets as the 17 October


deadline approaches," analysts at Barclays told clients, citing
developments in the fixed income market.
Indeed, Potomac Research Group, a Washington, D.C.-based
political consultant, issued a note to clients saying the chances of a
default on American debt are slim but rising. PRG said the far right
flank of the Republican party still seems unwilling to budge on its
demands that ObamaCare be delayed or repealed as part of a fiscal
resolution.
"This is the Alamo, it's Braveheart, battles to the death," PRG said of
the fight in Congress.

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Elsewhere, in corporate news, Alcoa (AA) unofficially kicked off


earnings season with a beat on the top and bottom lines in its first
earnings report since being booted from the Dow Jones Industrial
Average. Jos. A. Bank offered to pay $2.3 billion to buy competitor
Men's Wearhouse (MW).

www.foxbusiness.com/markets/2013/10/09/wall-street-welcomes-fed-news-halts-two-day-rout/

2/4

10/9/13

Wall Street Welcomes Fed News, Halts Two-Day Selloff | Fox Business

In commodities, U.S. crude oil futures fell 20 cents, or 0.18%, to


$103.31 a barrel. Wholesale New York Harbor gasoline climbed
0.22% to $2.637 a gallon. Gold slid $14.60, or 1.1%, to $1,310 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 climbed 0.48% to 2917, the English FTSE 100
dipped 0.07% to 6361 and the German DAX gained 0.11% to 8565.
In Asia, the Japanese Nikkei 225 rallied 1% to 14038 and the
Chinese Hang Seng fell 0.63% to 23034.
Follow Adam Samson on Twitter @adamsamson.
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Wall Street Welcomes Fed News, Halts Two-Day Selloff | Fox Business

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www.foxbusiness.com/markets/2013/10/09/wall-street-welcomes-fed-news-halts-two-day-rout/

4/4

10/10/13

Sensex up 24 points in choppy trade ahead of earnings season - The Hindu

B u sine ss M ark e ts
Published: October 10, 2013 16:37 IST | Updated: October 10, 2013 16:37 IST

Sen sex u p 24 po in ts in ch o ppy trade ah ead o f earn in gs seaso n


PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre.

The Hindu

The benchmark Sensex rose for the third straight session on Thursday, adding 24 points after choppy trade on buying
in auto, IT and healthcare stocks ahead of the earnings season.
The 30-share S&P BSE Sensex, which gained 354 points in the previous two sessions, traded between 20,135.91 and
20,323.77 before ending at 20,272.91, advancing 23.65 points, or 0.12 per cent.
The 50-share CNX Nifty on the National Stock Exchange rose 13.5 points, or 0.22 per cent, to 6,020.95. The SX40 on
the MCX Stock Exchange added 23.42 points to 12,079.15.
Brokers said investors turned cautious and parked their funds in less risky and fundamentally strong stocks ahead of
the second-quarter earnings season, starting on Friday with Infosys results.
They said a firm trend in the Asian region and a higher opening in Europe amid signs US lawmakers will agree on a
compromise deal to avoid an unprecedented default, fuelled the uptrend.
Among the Sensex shares, 14 closed with gains. Infosys, the second most valued software company, rose 0.53 per cent
to Rs 3,124.15, completing a four-day rising streak.
Other gainers included Maruti Suzuki, Mahindra and Mahindra, NTPC, State Bank of India, Tata Motors, Tata Steel,
Wipro and HDFC Ltd.
The auto sector index gained the most, rising 1.94 per cent, after some banks reduced lending rates for car and
scooter loans. The metal sector added 0.49 per cent.
The IT sector index rose 0.44 per cent and the healthcare index 0.36 per cent.
Keywords: Bombay Stock Exchange, Infosys, Sensex
Printable version | Oct 11, 2013 3:55:27 AM | http://www.thehindu.com/business/markets/sensex-up-24-points-inchoppy-trade-ahead-of-earnings-season/article5221342.ece
The Hindu
www.thehindu.com/business/markets/sensex-up-24-points-in-choppy-trade-ahead-of-earnings-season/article5221342.ece?css=print

1/2

10/11/13

Best day of 2013 for Dow on possible debt deal - Oct. 10, 2013

Best day of 2013 for Dow on possible debt deal


By Maureen Farrell @CNNMoneyInvest October 10, 2013: 4:36 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Washington didn't even need to finalize a debt ceiling deal to convince investors to buy stocks again.
The Dow posted its best gains of the year, adding more than 300 points, or 2.2%. Both the S&P 500 and the Nasdaq also
advanced more than 2%.
The reason for the euphoria? House Republicans offered a proposal to raise the debt ceiling temporarily, while the government
would remain partially shut down.
Relief rippled throughout the financial markets.
One key proxy for investor fear, the CBOE's Volatility Index ( VIX) or the VIX, dropped 16%. It had spiked in recent days.
CNNMoney's own Fear and Greed Index, which tracks the VIX and six other gauges of sentiment, moved higher. The index still
shows Fear, but it had been flashing signs of Extreme Fear for the past few days.
Related: Investors a little less afraid

Rates on short-term Treasuries, known as T-bills, also dipped slightly Thursday, another indication that investors now believe a
U.S. default is less likely.
The optimism about a possible deal also spread to European markets, which closed up between 1.5% and 2.2%. Asian markets
ended mixed.
Investors have been growing increasingly concerned as October 17th, a key deadline to increase the debt ceiling, comes closer.
Should politicians fail to raise the debt ceiling, the U.S. is likely to default on some of its debt or could be forced to choose
between interest payments on the debt and paying for key government services.
Related: Click here for more on stocks, bonds, currencies, and commodities

Unemployment edging up? Although the government has still not reported on the latest monthly employment figures due to
the shutdown, there was another weekly report out Thursday that could have made investors uneasy about the jobs market. The
Labor Department's report on initial jobless claims showed a sharp jump in claims over the previous week.
What's moving: Shares of the largest U.S. banks, including JPMorgan Chase (
money.cnn.com/2013/10/10/investing/stocks-markets/index.html?iid=HP_LN

JPM, Fortune 500), Bank of America (

BAC,
1/3

10/11/13

Best day of 2013 for Dow on possible debt deal - Oct. 10, 2013

Fortune 500), Citigroup ( C, Fortune 500), and Goldman Sachs ( GS, Fortune 500), rose between 2% and 3%. JPMorgan
Chase and Wells Fargo ( WFC, Fortune 500) will report their latest quarterly earnings on Friday morning. One trader is
expecting healthy results.

You still can't ignore Alcoa


"I'm hoping that earnings from $JPM and $WFC tomorrow will be a positive market catalyst," StkCon wrote on StockTwits.
Several large technology stocks popped Thursday, including Netflix ( NFLX), eBay ( EBAY, Fortune 500), Facebook ( FB),
Priceline ( PCLN) and Tesla ( TSLA). Many of these companies, which are among the hottest stocks of the year, had been hit
hard in the past few days as the broader market sold off.
Related: Signs of rising default fears

"$NFLX looks unstoppable at the moment. Totally missed this trade. Won't chase," cornerpocket wrote on StockTwits.
But some traders remain skittish. "$NFLX After what I just saw and experienced ... too much downside for me," wrote
terrytrader.
Shares of Citrix Systems ( CTXS) sank 12%, after the software company released its third-quarter results early, saying it
expected earnings and revenue to come in lower than previously anticipated.
IPO market stays hot: Four companies started trading Thursday. Biotech MacroGenics ( MGNX) was the big standout,
jumping more than 50%. Several companies have done extremely well in the market debuts lately, including sandwich chain
Potbelly ( PBPB). And investors are eagerly awaiting the upcoming initial public offering of Twitter.

First Published: October 10, 2013: 9:46 AM ET

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money.cnn.com/2013/10/10/investing/stocks-markets/index.html?iid=HP_LN

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10/10/13

Bulls are Back: Fiscal Progress Ignites Broad Rally | Fox Business
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By Adam Samson / Pub lished Octob er 10, 2013 / FOXBusiness


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Pr int
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After kicking off the week on a bearish note, the bulls made a powerful

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comeback Thursday as traders cheered signs of progress in U.S.

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fiscal talks and dovish commentary from Federal Reserve officials.

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15126, the S&P 500 rallied 36.2 points, or 2.2%, to 1693 and the

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1/4

10/10/13

Bulls are Back: Fiscal Progress Ignites Broad Rally | Fox Business
The Economist

Indeed, Republicans in Congress were planning to propose


legislation that would boost the debt limit until November 22,
according to FOX Business' Rich Edson. President Barack Obama
has signaled he would begrudgingly pass such a measure.

What's this?

"The debt limit deadline looks increasingly likely to be pushed off with
a short-term extension," Goldman Sachs economist Alec Phillips told

Jobs Repor ts

the investment bank's clients. "It looks less


likely that the partial federal shutdown will be ended with the
extension, but this is still unclear."
Still, many traders struck a cautious tone because of the short-term
nature of the potential agreement.

Number of people filing for


unemployment benefits jumps
Week ly Jobles s Claim s Hit Highes t Level Since
Mar ch

"This development is just an initial step to agreeing to agreeing," said

Analys is Par alys is to be Eas ed by Govt


Shutdow n

Peter Boockvar, chief market strategist at The Lindsey Group. The


"only thing that comes of todays meeting is a four-to-six week delay
and says nothing about what happens in the interim."
Dan Greenhaus, chief global strategist at BTIG, shared Boockvar's
concerns, saying, there is "not much to get excited about" at this

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point.

Adding to the bullish sentiment on the day, St. Louis Federal Reserve

FB

President James Bullard said the central bank is unlikely to begin


tapering its vast asset-buying program at its October meeting, citing
concerns about the government shutdown, the debt debate and a lack
of economic data, according to a report by Reuters.

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In a sign of the breadth of the rally, every major sector was in the
green and every Dow component besides was to the upside. It was
the best day since January for both the Dow and S&P 500.
Meanwhile, the CBOE's VIX, which is seen as Wall Street's fear
gauge, plunged 15.9% in the .
Jobless Claims Distorted
On the economic front, the number of Americans filing for first time
unemployment benefits rose last week to 374,000, the highest level
since March, from 308,000 the week prior. Economists expected
claims to rise to 310,000.
The Labor Department said half of the jump was attributed to
computer issues in California, and about 15,000 claims came from
non-federal workers who were adversely affected by the government
shutdown.With essentially all government reported halted for the
moment due to the government shutdown, this report has taken on
increased significance.

www.foxbusiness.com/markets/2013/10/10/bulls-are-back-fiscal-progress-ignites-broad-rally/

2/4

10/10/13

Bulls are Back: Fiscal Progress Ignites Broad Rally | Fox Business

"While the underlying trends of improvement in jobless claims remain


in place in our view, the potential for lingering computer issues and
the government shutdown complicate the interpretation," Cooper
Howes, an economist at Barclays wrote to the investment bank's
clients.
"This is particularly inconvenient given the current lack of government
data releases and puts even more emphasis on the few other
indicators that will continue to be published."
Elsewhere, in commodities, U.S. crude oil prices rose $1.40, or 1.4%,
to $103.01 a barrel. Wholesale New York Harbor gasoline advanced
2.9% to $2.698 a gallon. Gold fell $10.30, or 0.79%, to $1,297 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 rallied 1.6% to 2952, the English FTSE 100
jumped 1% to 6402 and the German DAX gained 1.4% to 8639.
In Asia, the Japanese Nikkei 225 lurched higher by 1.1% to 14195
and the Chinese Hang Seng dipped 0.36% to 22951.
Follow Adam Samson on Twitter @adamsamson.
MORE FROM FOX BUSINESS

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Bulls are Back: Fiscal Progress Ignites Broad Rally | Fox Business
Is Leas ing a Car
Right for You?

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'Extraordinary Measures'

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week on a bearish note, the bulls made
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officials.

MPP director of federal policies Daniel Riffle on


the latest on marijuana legalization.

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Author : Blam e LBJ and Nixon for Shutdow n

Stock s End At Ses s ion Peak s ; Safew ay, Micr on Rally


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Stock s Fly As Deal Near s To End Gover nm ent Shutdow n

Clos ing Bell: Stock s Soar as Was hington Hints at a Debt


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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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4/4

10/11/13

Sensex rises for fourth day; up 256 points - The Hindu

B u sine ss M ark e ts
Published: October 11, 2013 16:44 IST | Updated: October 11, 2013 16:44 IST

Sen sex rises fo r fo u rth day; u p 256 po in ts


PTI

Rising for the fourth straight day, the BSE benchmark Sensex on Friday surged 256 points on buying in IT stocks as
the countrys second largest software exporter Infosys posted smart quarterly numbers and raised annual sales
forecast, amid a firming global trend.
After making a firm start at 20,559.69, the 30-share index fell to a low of 20,434.51 before settling 255.68 or 1.26
points higher at 20,528.59. Sensex had gained 378 points in the past three sessions.
Similarly, the broad-based National Stock Exchange index Nifty shot up by 75.25 points, or 1.25 per cent, to
6,096.20, after climbing to days high of 6,107.60. The SX40 index on the MCX Stock Exchange closed higher by
138.72 points at 12,217.87.
Brokers said the current rally was led by information technology stocks boosted by Infosys starting the second quarter
earnings season.
Its net profit rose by 4.79 per cent to Rs 3,273.90 and it revised its dollar guidance upwards to 9-10 per cent for the
current fiscal from 6-10 per cent earlier, saying its dollar revenue will rise as economic recovery in the US and Europe
would prompt clients to boost spending.
A firming trend in global stock markets on speculation that US lawmakers would reach an agreement on raising the
nations debt limit to avoid a default, further supported the uptrend, brokers added.
Out of the 30 BSE index components, 20 stocks gained while 10 ended with losses. Top gainers were ICICI Bank,
Infosys, Larsen and Toubro, Tata Motors and Maruti.
Sectorally, the IT sector index gained the most by rising 3.12 per cent to 8,514.18 followed by bank index by 3.09 per
cent to 12,087.53. Capital goods index rose by 2.77 per cent to 8,472.56 and realty index by 2.66 per cent to 1,354.47.
www.thehindu.com/business/markets/sensex-rises-for-fourth-day-up-256-points/article5225339.ece?css=print

1/2

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Stocks Post Back-to-Back Rallied on Fiscal Thaw | Fox Business


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The Dow Jones Industrial Average rose 111 points, or 0.73%, to

Will Stocks Follow

15237, the S&P 500 gained 10.6 points, or 0.63%, to 1703 and the

their Historical
Pattern of 2011?

Nasdaq Composite advanced 31.1 points, or 0.83%, to 3792.

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For the week, the Dow rose 1.1%, the S&P 500 gained 0.75% and

WFC

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10/11/13

Stocks Post Back-to-Back Rallied on Fiscal Thaw | Fox Business


ExxonMobil
Perspectives Blog

"The bottom line for investors, obviously, is that the House GOP
blinked on the debt ceiling; default never was likely -- and now
chances are close to zero," analysts at Washington, D.C.-based
Potomac Research Group wrote to clients. "But excuse us for pointing
out that the eventual 'deal' will simply kick the can, with another

What's this?

deadline later this fall, or in the winter, or whenever."

Jobs Repor ts

On the economic front, A reading on consumer sentiment from


Thomson Reuters and the University of Michigan for the month of
October came in at 75.2, the lowest level since January, slightly
missing expectations of 76, also lower than a September reading of
77.5.

Number of people filing for


unemployment benefits jumps

Meanwhile, JPMorgan Chase (JPM) revealed quarterly profits that

Week ly Jobles s Claim s Hit Highes t Level Since


Mar ch

widely exceeded Wall Street's estimates after a massive $7.2 billion

Analys is Par alys is to be Eas ed by Govt


Shutdow n

after-tax legal expense is removed. Shares of the biggest U.S. bank


by assets jumped in early trading. However, CEO Jamie Dimon
warned of the "highly charged and unpredictable (legal) environment,
with escalating demands and penalties from multiple government
Agencies."

MOST POPULAR STOCKS

AAPL

APPLE INC.

Fellow banking giant Wells Fargo (WFC) narrowly beat the Street
with its quarterly profits, although, revenues came in shy of
expectations. ET. Earnings season will pick up steam over coming
weeks, providing Wall Street traders who are dealing with a dearth of
economic data with a reading on how corporate America is
performing.

FORD MOTOR CO...

FB

FACEBOOK INC.

GE

GENERAL ELECT...

BAC

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+0.65%
Today

+1.06%
Today

+0.12%
Today

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492.81
4:00 PM

17.11
4:00 PM

49.11
4:00 PM

24.40
4:00 PM

14.19
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In commodities, U.S. crude oil futures slid 99 cents, or 0.96%, to


$102.02 a barrel. Wholesale New York Harbor gasoline dipped 1.1%
to $2.668 a gallon. Gold dropped $28.70, or 2.2%, to $1,268 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 rose 0.07% to 2971, the English FTSE 100
climbed 0.8% to 6482 and the German DAX advanced 0.37% to
8718.
In Asia, the Japanese Nikkei 225 soared 1.5% to 14405 and the
Chinese Hang Seng rallied 1.2% to 23218.

Follow Adam Samson on Twitter @adamsamson.


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10/11/13

Stocks Post Back-to-Back Rallied on Fiscal Thaw | Fox Business

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Stocks Post Back-to-Back Rallied on Fiscal Thaw | Fox Business


Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
and ETF data provided by Lipper . Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

www.foxbusiness.com/markets/2013/10/11/stocks-post-back-to-back-rallied-on-fiscal-thaw/

4/4

10/11/13

Stocks extend gains after Dow's biggest rally of the year - Oct. 11, 2013

No more debt drama? Stocks keep rallying


By Hibah Yousuf @CNNMoneyInvest October 11, 2013: 4:24 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

After one of the biggest rallies of the year, stocks moved higher again Friday as investors wait for further progress in
Washington on resolving the debt ceiling standoff.
The Dow Jones industrial average climbed more than 100 points, or 0.7%. The S&P 500 rose 0.6% to close above 1,700 for the
first time since September 23. The Nasdaq was up 0.8%.
The gains came a day after a surge of optimism that sent the Dow up more than 320 points, its biggest point jump since
December 2011. The S&P 500 and Nasdaq delivered their second best advances of the year.
Thanks to the big rally, the Dow and S&P 500 ended the week higher for the first time in three weeks. The Dow gained more than
1% for the week, while the S&P 500 gained 0.8%. Both indexes are now above the level they were at before the shutdown began
at the start of the month.
The Nasdaq ended the week with a slight decline, its first down week since August. Some of the best-performing tech stocks of
the year, such as Netflix ( NFLX) and Facebook ( FB, Fortune 500), fell sharply this week.
Progress, but no deal: Following some progress on Thursday, House Republicans met again with President Obama Friday and
offered a plan that would temporarily increase the debt ceiling without reopening the government right away. A deal has yet to
be made, but the ongoing talks are seen as a sign of significant progress following weeks of gridlock.
"While a short-term extension would not eliminate uncertainty ... it would reinforce our conviction that most members of
Congress are not irresponsible enough to actually follow through on threats to not raise the debt ceiling limit," said Jim
O'Sullivan, chief U.S. economist at High Frequency Economics, in a note to clients.
Related: Fear & Greed Index still shows fear

JPMorgan Chase reports first loss under Dimon: In addition to the debt ceiling talks, the first of the big banks started reporting
quarterly results.
JPMorgan Chase ( JPM, Fortune 500) posted a quarterly loss due to costs of legal actions from the government. It was the
company's first since Jamie Dimon took over as CEO in 2004.

money.cnn.com/2013/10/11/investing/stocks-markets/index.html?iid=HP_LN

1/3

10/11/13

Stocks extend gains after Dow's biggest rally of the year - Oct. 11, 2013

Record profits? Stock slides. Loss? Stock up.


Dimon called the bank's legal tab "painful" and warned that litigation costs could continue to be a drag on earnings for several
quarters. The bank noted that it is holding $23 billion in reserves for potential litigation expenses.
"I am not paying my taxes until $JPM pays their $23 billion in fines," quipped howardlindzon on StockTwits.
But another user hopes JPMorgan Chase can go back to making profits soon.
"$JPM Obama leave Jamie alone so we can make some $$$$$$$$$$," said justagal.
The bank still managed to top forecasts, excluding charges. The stock ended flat.
Wells Fargo ( WFC, Fortune 500) reported significant increases in quarterly sales and profit, compared to a year ago.
However, shares of the bank fell amid signs that its mortgage business weakened during the quarter.
"$WFC AND $JPM both show mortgage market has frozen as the rates rise," said StockTwits user JJSinghSTARR.
Related: Sharp drop in consumer confidence

Consumer confidence waning : The University of Michigan and Thomson Reuters' gauge of consumer sentiment fell in October
to the lowest level since January, according to a preliminary reading.
Separately, a recent Gallup poll showed that consumer confidence registered its sharpest one-week drop since the period
immediately following the collapse of Lehman Brothers, with people worried about how the fracas in Washington could hit their
wallets.
Britain's postal service surges in London IPO: European markets were mostly higher in afternoon trading led by London's FTSE
100, with a gain of 0.9%. The star performer on the London Stock Exchange was Royal Mail, the British mail service that soared
nearly 40% in its stock market debut.
Asian markets closed with big gains. Japan's Nikkei surged 1.5% and the Shanghai Composite index shot up 1.7%.

First Published: October 11, 2013: 9:45 AM ET

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10/15/13

Stocks bounce back on new debt talk hopes - Oct. 14, 2013

Stocks move higher on new debt talk hopes


By Hibah Yousuf @CNNMoneyInvest October 14, 2013: 4:24 PM ET

Click the chart for more stock market data.

NEW YORK (CNNMoney)

The weekend came and went and lawmakers still haven't resolved the debt issue or the federal government shutdown. Investors
weren't too pleased at first, but there are growing hopes that some progress will soon be made.
Stocks fell Monday morning but turned higher by the afternoon following the news that President Obama and Vice President
Joe Biden will meet with Congressional leaders Monday afternoon. The meeting was indefinitely postponed, but stocks held on
to their gains amid signs that Senate leaders are inching closer to an agreement.
The Dow Jones industrial average, S&P 500, and Nasdaq rose between 0.4% and 0.6%.
The market enjoyed a big rally last week. The Dow gained 460 points over Wednesday, Thursday and Friday on expectations
that a deal would be reached to temporarily raise the debt ceiling.
Related: Click here for more on stocks, bonds, currencies and commodities

Stocks have fallen as a result of the shutdown and debt ceiling drama, but they are not down that much from record highs.
However, investors could grow more rattled as the week wears on if a deal isn't struck by Thursday. That's when the Treasury
Department has warned it may run out of money to pay all government bills.
"We believe this foolish game of chicken shows Washington lawmakers have a nave sense of the economy and global markets,"
said Craig Johnson, technical market strategist at Piper Jaffray.
Johnson said ongoing "saber rattling in Washington" will likely increase market volatility this week. But he continues to believe
that "neither party in Washington is foolish enough to let the U.S. default on its debt."
Related: Investors still gripped by fear

The U.S. bond market is closed Monday for Columbus Day. But the rest of the week could be bumpy.
Investors have recently bailed out of short-term Treasury bills, sending yields spiking. T-bills are typically used by managers of
money market funds as a risk-free means of stashing cash for short periods of time.
Related: U.S. chastised over debt ceiling

money.cnn.com/2013/10/14/investing/stocks-markets/index.html?iid=HP_LN

1/3

10/15/13

Stocks bounce back on new debt talk hopes - Oct. 14, 2013

What's moving: Shares of Netflix ( NFLX) jumped following reports that it is in talks with Comcast (
and other cable providers to add its streaming video service as an app on set-top boxes.

CMCSA, Fortune 500)

StockTwits user JeffReevesIP pointed out that "rural U.S. growth has potential for $NFLX" through an alliance with a cable
company.

Netflix on your cable box? It may happen


Expedia ( EXPE) shares took a tumble after being downgraded to hold from buy by Deutsche Bank, but most StockTwits
traders remained bullish.
"Buying $EXPE on the downgrade. Great earnings to follow," noted UBgrad.
Whirlpool ( WHR, Fortune 500) shares also fell sharply. Analysts at Cleveland Research warned that the demand for
appliances weakened last month, with shipments up between 5% and 7% in September, compared to 15% in August.
But some traders were skeptical.
"$WHR lol just spoke to another analyst who hears opposite of Cleveland research," said StockTwits user gemczar21. "So we
shall see who's right."
Facebook ( FB, Fortune 500) shares ended slightly higher. The company said it will buy Tel Aviv-based start-up Onavo, which
focuses on mobile analytics. The details of the deal were not disclosed. The purchase also gives Facebook its first office in Israel.
While traders seemed to still like Facebook's stock, they noted that the pressure in the broader marker makes it difficult to
trade.
"I like $FB LT but in this environment its hard to tell where this goes," said Sliver. "This week could be brutal for all stocks not
just FB."
World markets: European markets closed mixed, reflecting anxiety about the possible fallout from the U.S. political stalemate
on the world economy and markets.
Most Asian markets were closed Monday. But the Shanghai Composite index was open, and finished the trading day with a
0.4% gain.

First Published: October 14, 2013: 9:47 AM ET

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2/3

10/14/13

Fiscal Deal Hopes Lift Stocks | Fox Business


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By Adam Samson / Pub lished Octob er 14, 2013 / FOXBusiness

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ceiling and
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Pr int
Em ail

The markets rose on Monday, recovering from heavy losses, as

Shar e

traders grew more hopeful lawmakers will craft a deal to avert a

0 Com m ents

default.

Like
Tw eet
Shar e

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Three Days to Go,
Debt Deal Still
Elusive

Today's Markets
6
1

According to preliminary calculations, the Dow Jones Industrial

World Markets Slip

Average climbed 63.8 points, or 0.42%, to 15301, the S&P 500

on Slow China
Grow h, U.S. Fiscal

advanced 7 points, or 0.41%, to 1710 and the Nasdaq Composite

Impasse

rose 23.4 points, or 0.62%, to 3815.


It's just another manic Monday on Wall Street.

Is More Pain Ahead


for Gold Investors?

During the end of last week, American markets posted big gains on
the back of progress in negotiations to halt a two-week-long
government shutdown and raise the debt ceiling. Those negotiations

Oil Falls on Demand

came to what is essentially a screeching halt over the weekend as

Worries

both chambers of Congress remained deeply divided., with no clear


path forward in sight.
Still, the consensus among global investment banks is that a deal will

FROM AROUND THE WEB

be struck before the U.S. breaches the debt limit deadline.

www.foxbusiness.com/markets/2013/10/14/stocks-slump-amid-debt-woes/

1/3

10/14/13

Fiscal Deal Hopes Lift Stocks | Fox Business

"Success is not certain, but we still think that it is very likely that we will

Prince Harry Ready

get a resolution of the current standoff before the debt limit becomes

Bonas: 10 Things

to Marry Cressida

binding," analysts at Nomura told clients late Sunday. "We continue to

You Didn't Know

believe that the votes are there to increase the debt limit, and neither

About the Potential

side is prepared to press the issue to the breaking point."

E! Online

Princess

What's this?

With bond markets closed for the Columbus Day holiday, and many

Jobs Repor ts

market participants off from work, traders warned of the potential for
low-volume, high volatility action on the day.
Adding to the negative sentiment on the day was a round of
concerning data out of China. The world's No. 2 economy saw its
exports dip 0.3% in September, widely missing economists
expectations of a 6% jump. The dip was partially attributable to

Patriot Act author sues Obama


Administration over NSA

technical issues, according to economists. Still, the spooky report

Week ly Jobles s Claim s Hit Highes t Level Since


Mar ch

underscored the fragility of the world economy, especially in light of

Analys is Par alys is to be Eas ed by Govt


Shutdow n

uncertainty from Congress.


"The underlying trend of China's external demand still looked fairly
lacklustre. Demand from Europe and most emerging Asia slowed
much more than what could be explained by the base effect," Wei
Yao, an economist at Societe Generale wrote to clients.

MOST POPULAR STOCKS

AAPL

APPLE INC.

FORD MOTOR CO...

Elsewhere, in commodities, U.S. crude oil futures fell 51 cents, or


0.46%, to $101.54 a barrel. Wholesale New York Harbor gasoline fell
0.76% to $2.648 a gallon. Gold jumped $18.20, or 1.4%, to $1,286 a
troy ounce.

FB

FACEBOOK INC.

GE

GENERAL ELECT...

BAC

Foreign Markets

BANK OF AMERI...

+0.66%
Today

+0.41%
Today

+0.81%
Today

-0.08%
Today

+1.13%
Today

496.04
4:00 PM

17.18
4:00 PM

49.51
4:00 PM

24.38
4:00 PM

14.35
4:00 PM

The Euro Stoxx 50 fell 0.24% to 2967, the English FTSE 100 rose
0.12% to 6495 and the German DAX slumped 0.23% to 8705.
Follow Adam Samson on Twitter @adamsamson.
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Fiscal Deal Hopes Lift Stocks | Fox Business

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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

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0.90

0.81%

2013.10.16 en d -o f-d ay

WTI Crude Oil

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1.08

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2013.10.16 en d -o f-d ay

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1/2

10/17/13

Oil Edges Up on Positive U.S. Debt Deal Outlook | Fox Business


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Pub lished Octob er 16, 2013 / Reuters

Crude oil futures rose on Wednesday as it appeared Congress was

Pr int

prevent a default.

Shar e

Tw eet

120k

Follow @foxbus ines s

close to an 11th-hour deal to raise the government's debt ceiling and

Em ail

Like

Like

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financial markets and spurred worries about energy demand in the


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The oil market followed the stock market higher on "optimism that
something's going to be accomplished" to reopen the U.S.
government, said Gene McGillian, oil analyst with Tradition Energy in
Stamford, Connecticut.

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Major U.S. stock indexes rose as a senior Democratic aide said the
Republican-led House of Representatives was expected to pass the
Democratic-led Senate's bipartisan deal to end the standoff. U.S.
House Republicans were expected to hold a meeting at 3 p.m. (1900
GMT) to discuss the Senate's plan.

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Front-month November Brent crude oil futures expired 90 cents higher

Parts for $2B

at $110.86. December Brent ended $1.17 per barrel higher at


$110.59.

FedEx Unveils 32M


Share Buyback

Brent's premium over U.S. oil <CL-LCO1=R> has remained between

Program

the 10- and 200-day moving averages of $7.62 and $10.04 for the
last seven sessions and settled at $8.57 per barrel.
Not Everyone at

The U.S. benchmark settled $1.08 per barrel higher at $102.29, after

Work is Your Friend,


Even if They Say So

trading as high as $102.97. On Friday, the November U.S. oil futures


contract lost its premium over December futures <CLX3-Z3>, and the
gap between the two contracts has widened further, by as much as 22

Empty Nesters Like

cents.

it That Way

Oil stocks at Cushing, Oklahoma, the delivery point for the benchmark
U.S. oil futures contract, have declined by a slower pace than they
have in the last few months. What's more, energy intelligence firm
Genscape reported a build in Cushing stocks last week.

www.foxbusiness.com/industries/2013/10/16/oil-edges-up-on-positive-us-debt-deal-outlook/

FROM AROUND THE WEB

1/4

10/17/13

Oil Edges Up on Positive U.S. Debt Deal Outlook | Fox Business

Traders who had bet on increasing draws at Cushing got burnt as the

Is a massive

market swung into contango, where front-month prices are lower than

w orlds economic,

rebalancing of the

the months further out.

political and social


pow er underw ay?
Merrill Lynch: Wealth
Management

"The slowdown in the pace of drawdowns at Cushing has weakened


the euphoria and rally in WTI considerably," said Virendra Chauhan,

What's this?

an oil analyst with Energy Aspects in London. "With the wild swings in

Jobs Repor ts

WTI time spreads over the past few months, there may be little
appetite to position for Cushing drawing to operational minimums."
Crude oil stocks rose 5.9 million barrels, data from industry group the
American Petroleum Institute showed, more than double the forecast
for a 2.2 million barrel build in a Reuters poll. Cushing stocks rose
291,000 barrels, gasoline stocks dropped 2.2 million and distillate

Filling the void of government


economic data

stocks were off by 1.3 million barrels, API data showed.

Week ly Jobles s Claim s Hit Highes t Level Since


Mar ch
Analys is Par alys is to be Eas ed by Govt
Shutdow n

Due to the government shutdown, the U.S. Energy Information


Administration did not release its more widely followed weekly oil
inventory data.
NUCLEAR TALKS
A second day of talks between six world powers and Iran over
Tehran's nuclear program built hope for an end to a decade-long
standoff. Still, analysts said any increase in supply from Iran will be a
long way off if sanctions are lifted.

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"Even in an extremely optimistic situation where sanctions were lifted,


it's difficult to see how Iran could ramp up production right away," said
Julius Walker, global energy markets strategist at UBS Securities in
New York. "Their capacity has taken a hit due to a lack of investment
and technology."
Ineos said the Grangemouth refinery in Scotland would remain shut
down without making it clear whether the closure would be permanent.
This fed supply concerns, which buoyed Brent.
Refinery workers have threatened to strike, and the operator said it
would put a proposal to workers and review its position on the plant
with shareholders next week.
Steam and power from Grangemouth is crucial for the operation of the
Kinneil oil-processing terminal, where the majority of the UK's North
Sea crude oil comes ashore.

www.foxbusiness.com/industries/2013/10/16/oil-edges-up-on-positive-us-debt-deal-outlook/

2/4

10/17/13

Oil Edges Up on Positive U.S. Debt Deal Outlook | Fox Business

(By Jeanine Prezioso; Additional reporting by Alexander Winning in


London and Manash Goswami in Singapore; editing by Jane Baird,
David Gregorio and Phil Berlowitz)
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www.foxbusiness.com/industries/2013/10/16/oil-edges-up-on-positive-us-debt-deal-outlook/

3/4

10/17/13

Oil Edges Up on Positive U.S. Debt Deal Outlook | Fox Business

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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Ter m s & Conditions ). Pow ered and
Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
and ETF data provided by Lipper . Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

www.foxbusiness.com/industries/2013/10/16/oil-edges-up-on-positive-us-debt-deal-outlook/

4/4

10/18/13

Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$109.94

0.83

0.75%

2013.10.18 en d -o f-d ay

WTI Crude Oil

$100.81

0.14

0.14%

2013.10.18 en d -o f-d ay

&R PPR GLWLHV


&UXG H  2LO





1D WXUD O * D V





* D VROLQH





+H D WLQJ 2LO





* ROG





6LOYH U





&RS S H U



HQGRIGD\

$GGWR\RXU VLWH

&UXGH2LO3ULFHE\2,/35,&(1(7

3ULFH

&KDQJH

 
<HDU)RUHFDVW

%DUUHO

file:///C:/Users/Srinivas V. Vadde/Desktop/Crude Oil, Gas, and Metals Prices.html

1/2

10/18/13

Sensex surges 245 points on higher global cues - The Hindu

B u sine ss M ark e ts
Published: October 18, 2013 10:03 IST | Updated: October 18, 2013 11:30 IST

Sen sex su rges 245 po in ts o n h igh er glo bal cu es


PTI

The Bombay Stock Exchange building. File photo.

AP

The BSE benchmark Sensex rallied by 245 points in late morning trade on Friday on speculations that Federal
Reserve could maintain monetary stimulus to the U.S. economy next year on fears of the 16-day partial U.S.
government shutdown, which ended this week, curbing economic growth there.
The market sentiment was boosted by data showing that foreign funds made substantial purchases of Indian stocks
on Thursday. They bought shares worth net Rs 1,109.93 crore yesterday, as per provisional data from the stock
exchanges.
Shares of banking, realty, metal and refinery sectors moved up sharply on good demand from operators and investors.
The BSE-30 share barometer Sensex resumed higher at 20,486.78 and firmed up further to a high of 20,673.44
before quoting 20,660.07 points at 1030 hours.
It showed a gain of 244.56 points or 1.20 per cent from its last close.
The NSE 50-share index Nifty also moved up by 74.55 points or 1.23 per cent to 6,120.40 at 1030 hours.
Major gainers were ICICI Bank (2.88 per cent), SSLT (2.53 per cent), Tata Steel (2.52 per cent), HDFC Bank (2.23 per
cent) and Maruti Suzuki (1.98 per cent).
Asian markets were trading mostly higher after latest data showed that Chinas economic growth accelerated in Q3
September 2013.
Key benchmark indices in Singapore, China, South Korea, Hong Kong and Taiwan rose by 0.13-0.68 per cent while
indices in Indonesia and Japan fell 0.05-0.06 per cent.
The U.S. stocks ended mostly higher on Thursday, lifting the S&P 500 to a record finish, as Wall Street turned from
the latest fiscal drama on Capitol Hill to corporate earnings.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
Printable version | Oct 19, 2013 8:00:16 AM | http://www.thehindu.com/business/markets/sensex-surges-245www.thehindu.com/business/markets/sensex-surges-245-points-on-higher-global-cues/article5247124.ece?css=print

1/2

10/18/13

Sensex surges 467 points - The Hindu

B u sine ss M ark e ts
Published: October 18, 2013 16:02 IST | Updated: October 18, 2013 23:55 IST

Sen sex su rges 467 po in ts


Special Correspondent

While better than expected financial results of the companies and flow of foreign funds rejuvenated stock markets as
the S&P BSE Sensex surged on Friday by more than 460 points, the rupee continues to be range-bound against the
dollar.
The Sensex shot up by 467.38 points or 2.29 per cent to close at 20882.89.
The rally was led by bank stocks which gained the most at 3.93 per cent, followed by metal (3.32 per cent).
All sectoral indices ended in the positive territory.
Markets had a rally today in the wake of better than expected quarterly results from HDFC Bank, TCS, Infosys and
Reliance Industries, which were announced during this week, said Rakesh Tarway, Assistant Vice-President,
Research, Motilal Oswal Securities.
On the National Stock Exchange (NSE), the 50-share Nifty closed at 6189.35 with a gain of 143.50 points or 2.37 per
cent.

R u pe e lose s 4 paise
Meanwhile, the rupee closed at 61.27 on Friday compared to its previous close of 61.23 a dollar. It touched a high of
60.92 in early trades and a low of 61.71.
Though strengthened in the early trades, the rupee fell to a low of 61.71 on rumours that the Reserve Bank of India
(RBI) would close the oil marketing companies (OMC) swap window. However, the Reserve Bank issued a clarification
stating that OMC swap window would remain operational.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable version | Oct 19, 2013 7:59:56 AM | http://www.thehindu.com/business/markets/sensex-surges-467points/article5247820.ece
The Hindu

www.thehindu.com/business/markets/sensex-surges-467-points/article5247820.ece?css=print

1/1

10/18/13

Tech stocks rally as Google surges - Oct. 18, 2013

Tech stocks rally as Google surges


By CNNMoney Staff @CNNMoneyInvest October 18, 2013: 4:31 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Investors are high on Google ( GOOG, Fortune 500). Its stock surged more 13% on the back of robust earnings and
topped $1,000 for the first time Friday..
The online search giant pulled up a slew of other well-known tech names with it. Amazon ( AMZN, Fortune 500),
Facebook ( FB , Fortune 500), Yahoo ( YHOO, Fortune 500)! and LinkedIn ( LNKD) all jumped more than 2%.
The Nasdaq was the best performing index, jumping more than 1% Friday. The tech-heavy index closed the week up more
than 3%.
Related: Apple's iPad problem

The S&P 500 hits new highs: Now that investors don't have to worry about the United States defaulting on its debt for at
least a few months, they're turning their attention to the broader economy and corporate earnings. They mostly like what
they see.
The S&P 500 hit new highs this week, after Congress agreed to a deal to extend the debt ceiling. On Friday, the index rose
another 0.7% and gained more than than 2% for the week.
The Dow Jones industrial av erage rose more modestly. It moved up 0.2% Friday and added 1% for the week.
Related: World still (reluctantly) loves the dollar

What's m ov ing: Shares of Mexican fast food chain Chipotle (


thanks to strong earnings.

money.cnn.com/2013/10/18/investing/stocks-markets/index.html?iid=H_MKT_News

CMG) jumped more than 16%, surging to an all-time high

1/3

10/18/13

Tech stocks rally as Google surges - Oct. 18, 2013

Can anything slow Chipotle down?


Most commenters on StockTwits were surprised by the market's extreme response to both Chipotle's earnings and Google's.
"Our economy consists of surfing the web $GOOG and eating burritos $CMG $SPY!!!" wrote HGB.
Ycharts questioned whether we're "in a burrito bubble? http://stks.co/anEZ $CMG
Many StockTwits users were more bullish on Google's potential.
"If you believe $GOOG can continue to innovate and grow profits as I do, there is absolutely no reason to sell now," wrote
Jay McGill.
Related: Fear & Greed Index shifts from fear to neutral

The last of the big banks to report third-quarter results, Morgan Stanley (
earnings and revenue that topped forecasts.
General Electric (

MS, Fortune 500), wowed investors with

GE, Fortune 500) shares rose more than 3% after the bank reported better-than-expected earnings.

J.C. Penney ( JCP, Fortune 500) continues to plummet. The troubled retailer's shares sank more than 4% Friday on more
rum ors of credit problem s.

First Published: October 18, 2013: 9:52 AM ET

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10/23/13

Wall Street Jumps as Data Boost Fed Optimism | Fox Business


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15467, the S&P 500 climbed 10 points, or 0.57%, to 1755 and the

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10/23/13

Wall Street Jumps as Data Boost Fed Optimism | Fox Business


Mint.com

proportion of the population in the labor force, was unchanged at


63.2%.
"Generally speaking, very little changes as a result of todays
employment report. We continue to create just enough jobs to lower

What's this?

the unemployment rate even though the number of jobs created each
month is unexciting (first chart below) and the rate appears to be

Jobs Repor ts

slowing," Dan Greenhaus, chief global strategist at BTIG wrote in an


email to clients.
The data have been under particular scrutiny of late as the Federal
Reserve determines when exactly it will begin tapering its vast bondbuying program. Analysts expected the Fed to begin tapering in

Economic fallout from shutdown


as bad as predicted?

September, but then fresh economic headwinds, and the fiscal

Jobs Repor t Fur ther Delays Death of QE

debacle in Washington, D.C., came along. Now many investment

Econom y Adds 148K Jobs In Septem ber

banks are expecting it to come at the end of the year, or even as late
as the spring.

MOST POPULAR STOCKS

"The (government) shutdown has caused an additional headache for


an already puzzled sounding Fed, which has sent confusing
messages to the markets about when it will start tapering its asset
purchase program," said Chris Williamson, chief economist at U.K.based Markit.

AAPL

APPLE INC.

FORD MOTOR CO...

GE

GENERAL ELECT...

"The Fed was already keen to await more data on the health of the
economy before its makes any decisions on policy, but now also
needs to gauge the impact the shutdown itself has had on the

FB

-0.29%
Oct 22

+0.57%
Oct 22

-0.46%
Oct 22

-2.18%

FACEBOOK INC.

Oct 22

IBM

+1.22%

INTERNATIONAL...

Oct 22

519.87
4:00 PM

17.60
4:00 PM

26.02
4:00 PM

52.68
4:00 PM

174.97
4:01 PM

economy."
On the earnings front, Pratt & Whitney maker United Technologies
(UTX), chemical maker DuPont (DD) and Travelers (TRV) all
revealed quarterly profits that beat analysts expectations.
Netflix erased a double-digit rally that had been fueled by the
company's earnings report. The selling pressure was driven in part by
a bearish research note from S&P Capital IQ, which downgraded
Netflix to "sell."
In commodities, U.S. crude oil prices fell $1.55, or 1.56%, to $97.67 a
barrel. Wholesale New York Harbor gasoline rose 0.67% to $2.672 a
gallon. Gold soared $25.80, or 1.96%, to $1,341.40 a troy ounce.
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10/23/13

Wall Street Jumps as Data Boost Fed Optimism | Fox Business

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10/24/13

Stocks Jump on Upbeat Earnings, China Factory Data | Fox Business


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Stocks Jump on Upbeat Earnings, China Factory Data | Fox Business


+2.22

Mainstreet

Small-cap stocks continue to outperform, with the Russell 2000 on


track for its eighth consecutive weekly advance -- the longest such
winning streak in more than a decade.
China's manufacturing activity ticked up to a seven-month high in

What's this?

October. HSBC's gauge climbed to 50.9 from 50.2 in September.


Analysts have been paying close attention to the world's second-

Jobs Repor ts

biggest economy amid worries growth there will slow down too
quickly.
"On the back of broadbased modest improvements. This implies that
Chinas growth recovery is becoming consolidated into 4Q following
the bottoming out in 3Q," Hongbin Qu, HSBC's chief economist for

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China wrote in the report.

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Jobs Repor t Fur ther Delays Death of QE

"This momentum is likely to continue in the coming months, creating


favorable conditions for speeding up structural reforms.
Traders also got a batch of data on the American economy -- the
world's biggest.
The Commerce Department said the U.S. trade gap widened in
August to $38.8 billion from $38.64 billion the month prior.
Economists expected the deficit to expand to $39.5 billion.
A report from the Labor Department showed the number of people
filing for first-time jobless benefits fell to 350,000 last week from an
upwardly-revised 362,000 the week prior. Economists expected

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claims to fall to 340,000 from an initially reported 358,000.


The economic indicators will help the Federal Reserve determine its
path for monetary policy. The central bank is set to meet next week
after surprising Wall Street by not tapering its bond-buying program in
September. Now, many analysts don't expect the Fed to begin cutting
back on its asset purchases until March.
Indeed, Mary Beth Fisher, an analyst at Societe Generale went as far
as to tell clients Thursday, "while we assign a very low probability to a
decision by the FOMC to increase asset purchases at its October
meeting, it is not a possibility we can ignore."
On the earnings front, 3M (MMM) and Ford (F) posted better-thanexpected third-quarter results. Bank of America (BAC) said it is
laying off 1,200 mortgage workers as part of broader cost cuts as it
saw loan delinquencies fall sharply in recent years.
Elsewhere, U.S. crude oil futures rose 25 cents, or 0.25%, to $97.11 a
barrel. Wholesale New York Harbor gasoline advanced 1.5% to $2.59
a gallon. Gold climbed $16.30, or 1.2%, to $1,350 a troy ounce.

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2/4

10/24/13

Stocks Jump on Upbeat Earnings, China Factory Data | Fox Business

Foreign Markets
The Euro Stoxx 50 rallied 0.72% to 2039, the English FTSE 100 rose
0.58% to 6713 and the German DAX rose 0.68% to 8981.
In Asia, the Japanese Nikkei 225 climbed 0.42% to 14486 and the
Chinese Hang Seng slumped 0.71% to 22836.
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4/4

10/26/13

S&P ends week at an all-time high - Oct. 25, 2013

S&P ends week at an all-time high


By Maureen Farrell @CNNMoneyInvest October 25, 2013: 4:20 PM ET

Click chart for more markets data.

NEW YORK (CNNMoney)

Several well-known tech stocks surged Friday after reporting better-than-expected third quarter results.
That helped push the S&P 500 to an all-time high Friday. The index ended the week up nearly 1%.
The Dow and the Nasdaq rose Friday as well and also ended the week up about 1%. The Nasdaq is within striking
distance of 4,000, a level it last hit in September 2000.
Friday 's tech titans: Amazon (
shares soared nearly 10%.

AMZN, Fortune 500) posted a loss, but sales were much better than forecasts. Amazon's

Microsoft ( MSFT, Fortune 500) easily topped estimates for sales and profits. Those results helped push its stock up
nearly 6%.
Even Zynga ( ZNGA ), the troubled online video game company, surprised Wall Street by reporting losses that w ere
slim m er than ex pected, sending shares up nearly 6%.
Related: Amazon trumps Wall Street predictions

Other prominent tech companies, such as Yahoo (

YHOO, Fortune 500) and LinkedIn (

LNKD), fell.

Traders on StockTwits were closely monitoring the tech sector.


AheadoftheNew s noted that Amazon and Microsoft were moving up at the expense of Google ( GOOG, Fortune 500)
and Apple ( AAPL , Fortune 500): "so little cash on sidelines, players have to rotate out of $GOOG and $AAPL to buy
more $AMZN and $MSFT. M-A-N-I-A."

money.cnn.com/2013/10/25/investing/stocks-markets/index.html?iid=HP_LN

1/3

10/26/13

S&P ends week at an all-time high - Oct. 25, 2013

UPS, FedEx should thank Amazon


For Microsoft, which had been a market laggard the past few years, the jump was a welcome surprise. "$MSFT havent see
this move like this for many years," wrote bullv sbear.
Several traders were wary of the big moves in Zynga, which has been struggling this year: "$ZNGA what justifies this jump?
Revenue dropped, users dropped by 50%. Only 1 game in top 50 grossing on mobile. Just don't see growth Bearish,"
span77 wrote.
Don't fight the Fed ... and are consum ers really less confident? Investors have been pleased by earnings reports, but
they also remained convinced that the Federal Reserve will delay winding back its massive bond-buying program. The Fed
has a policy meeting next week and is widely expected to say it will continue buying $85 billion in bonds and mortgagebacked securities a month.
The University of Michigan's October reading on consumer confidence fell far below expectations and was also below
September's levels.
Related: Fear & Greed Index continues to show greed is good

Still, UPS ( UPS, Fortune 500) is confident that consumers will be shopping in force over the holidays. The shipping giant
predicted a robust holiday season, which sent shares up more than 1%. The company also reported quarterly income that
exceeded forecasts. Earlier this week, UPS rival FedEx ( FDX, Fortune 500) said it thought that Cy ber Monday, the first
Monday after Thanksgiving, will be its busiest day ever.
Tw itter's IPO is com ing soon: Tw itter rev ealed late Thursday that it plans to raise upwards of $1.4 billion in its initial
public offering, selling 70 million shares at between $17 and $20 per share. At the high end of that range, Twitter would be
worth nearly $11 billion.

First Published: October 25, 2013: 9:47 AM ET

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2/3

10/29/13

Sensex at 3-year high; up 359 points - The Hindu

B u sine ss M ark e ts
Published: October 29, 2013 10:15 IST | Updated: October 29, 2013 17:06 IST

Sen sex at 3-year h igh ; u p 359 po in ts


PTI

Th e 30-sh a re in dex c lo sed in o n th e 21,000 m a rk o n th e ba c k o f m a ssiv e bu y in g in ra te-sen sitiv e ba n k in g , rea lty , a u to a n d c o n su m er


du ra ble sh a res

The BSE benchmark Sensex today surged nearly 359 points to end at a threeyear high after the Reserve Bank
enhanced liquidity for banks and expectedly hiked a key policy rate.
Snapping its five-day losing run, the 30-share index closed in on the 21,000 mark on the back of massive buying in
rate-sensitive banking, realty, auto and consumer durable shares. Investor wealth zoomed by around Rs 1 lakh crore
on the BSE as overall 1,294 stocks closed with gains.
The BSE Sensex, which had lost 325 points in the past five sessions, shot up by 358.73 points, or 1.74 per cent to
20,929.01 after RBI Governor Raghuram Rajan announced the second quarter review of monetary policy 2013-14.
Market participants viewed the RBIs move to increase the liquidity provided through term repos of 7-day and 14-day
tenor from 0.25 per cent of Net Demand and Time Liability (NDTL) of banking system to 0.5 per cent as a big
positive.
The central bank expectedly raised repo rate by 25 bps to 7.75 per cent while continuing to roll back MSF rate by 25
bps to 8.75 per cent on account of normalised forex situation.
"There was fear in the last few days that the RBI might go on a over-drive in its fight against inflation by hiking repo
rate by 50 bps as against the consensus 25 bps hike.
After the policy was announced, there was a relief on this front as well, said Rikesh Parikh, VP Institution
Corporate Broking, Motilal Oswal Securities.
The 50-scrip National Stock Exchange index Nifty jumped up by 119.80 points, or 1.96 per cent to 6,220.90. Also,
SX40 index, the flagship index of MCXSX, closed 195.44 points or 1.60 per cent higher at 12,445.13.
Brokers said a better trend in the Asian region and higher opening in Europe further supported the sentiment. In
Asia, the Sensex and the Nifty returned the best daily gains.
Sectorally, the BSE Banking index rose to nearly 1-month high by surging 4.35 per cent led by ICICI, SBI and HDFC
Bank.
www.thehindu.com/business/markets/sensex-at-3year-high-up-359-points/article5284426.ece?homepage=true&css=print

1/2

10/29/13

Sensex at 3-year high; up 359 points - The Hindu

The Realty sector was second best performer by rising 2.44 per cent, followed by Auto sector (2.43 pc) as Maruti
Suzuki spurted by 8.2 per cent after profit nearly tripled.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, midsession trade
Printable version | Oct 29, 2013 5:43:51 PM | http://www.thehindu.com/business/markets/sensex-at-3year-high-up359-points/article5284426.ece
The Hindu

www.thehindu.com/business/markets/sensex-at-3year-high-up-359-points/article5284426.ece?homepage=true&css=print

2/2

10/29/13

Deja Vu: S&P 500 Logs Another All-Time High | Fox Business
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The broad S&P 500 ticked up to a fresh all-time closing high on


Monday. The rosy sentiment pervaded into Tuesday after Apple
(AAPL ) posted better-than-expected quarterly profits and revenues,

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expectations. However, the world's biggest tech company's gross

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Pfizer (PFE), meanwhile, revealed quarterly profits that beat
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10/29/13

Deja Vu: S&P 500 Logs Another All-Time High | Fox Business
NYSE

The economic docket is heavy on the day.


The Commerce Department said retail sales fell 0.1% in September,
missing expectations they would rise by the same margin. Excluding
the auto segment, sales rose 0.4%, matching expectations.

What's this?

Analysts at Barclays boosted their estimates for third-quarter gross

Jobs Repor ts

domestic product by 0.2 percentage point to 2.1% on the back of the


stronger-than-expected core data.
The closely-watched S&P/Case-Shiller home-price report prices in 20
major U.S. cities rose 1.3% in August, from the month prior, on a nonseasonally adjusted basis. Economists expected prices to rise 0.8%.

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creation?

Prices were up 12.8% from the year prior.

Yellen Confir m ation Might Not Be A Cak ew alk


Week ly Jobles s Claim s Fall Les s than Expected

Meanwhile, the Labor Department reported wholesale inflation fell


0.1% in September, missing expectations it would rise 0.2%.
Excluding the food and energy segment, prices rose 0.1%, matching

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economists expectations.

AAPL

The Conference Board said consumer confidence fell in October to

71.2 from an upwardly revised 80.2 the month prior. Economists

APPLE INC.

FORD MOTOR CO...

expected the gauge to fall to 75 from an initially reported 79.7.

GE

All these reports come as the Federal Reserve kicks off its two-day

FB

policy-setting meeting. Economists widely expect the central bank to


hold off from tapering its vast bond-buying program until the economy
strengthens further -- perhaps in December or March.

GENERAL ELECT...

-2.49%
Today

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Today

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-1.66%

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Today

IBM

+2.69%

INTERNATIONAL...

Today

516.68
4:00 PM

17.61
4:00 PM

26.21
4:00 PM

49.40
4:00 PM

182.12
4:00 PM

In commodities, U.S. crude oil futures fell 74 cents, or 0.74%, to


$97.95 a barrel. Wholesale New York Harbor gasoline slid 1.3% to
$2.598 a gallon. Gold slumped $8.70, or 0.64%, to $1,343 a troy
ounce.
Foreign Markets
The Euro Stoxx 50 jumped 0.65% to 3042, the English FTSE 100
gained 0.56% to 6763 and the German DAX advanced 0.25% to
9001.
In Asia, the Japanese Nikkei 225 fell 0.49% to 14325 and the
Chinese Hang Seng edged up by 0.18% to 22847.
Follow Adam Samson on Twitter @adamsamson.
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10/29/13

Deja Vu: S&P 500 Logs Another All-Time High | Fox Business
NYSE Tr ader Explains The Im por tance Of The VIX
(Business Insider)
How Your Das hboar d Could Mak e Your Com pany Cr as h
(Fast Company)
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Deja Vu: S&P 500 Logs Another All-Time High | Fox Business
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4/4

10/30/13

Sensex ends at record high of 21,033.97, up 105 points - The Hindu

B u sine ss M ark e ts
Published: October 30, 2013 10:04 IST | Updated: October 30, 2013 16:38 IST

Sen sex en ds at reco rd h igh o f 21,033.97, u p 105 po in ts


PTI

The Bombay Stock Exchange (BSE) in Mumbai. File photo.

AP

The BSE benchmark Sensex on Wednesday surged nearly 105 points to close at all-time high of 21,033.97 on heavy
foreign fund inflows in bluechips, amid speculation that the U.S. Fed would maintain its monetary stimulus when
they conclude a meeting today.
Continuing gains after yesterdays 359-point rally following the RBI policy, the Sensex shot up by 104.96 points, or
0.50 per cent to 21,033.97 -- eclipsing the previous record close of 21,004.96 on November 5, 2010.
The 30-share bluechip indexs intra-day high of 21,206.77 was hit on January 10, 2008.
Bharti Airtel zoomed by 5.23 per cent after the company posted better-than-expected operating performance. Other
contributors to the Sensex were ITC, ICICI Bank, HDFC, Dr Reddys Lab., TCS and Bajaj Auto.
Continued buying from FIIs and greater risk appetite of investors at higher levels is leading to this rally, said Nidhi
Saraswat, Senior Research Analyst, Bonanza Portfolio.
The wide-based National Stock Exchange index Nifty rose by 30.80 points, or 0.50 per cent, to 6,251.70, after
touching the days high of 6,269.20. Also, SX40 index, the flagship index of MCXSX, closed 69.68 points up at
12,514.81.
Brokers said the trading sentiment continued to be bullish on expectations of liquidity enhancement after the Reserve
Bank of India cut marginal standing facility (MSF) to 8.75 per cent in its monetary policy review yesterday.
A firming trend in the Asian region and higher opening in Europe before the outcome of US Federal Reserves meeting
where the $85 billion a month monetary stimulus is expected to be maintained, also influenced the Indian market
sentiment.
Foreign funds have continued to buy domestic stocks for 18 straight sessions till yesterday, encouraging domestic
participants to increase bets, experts said.
Sectorally, the BSE Healthcare sector index gained the most by rising 1.19 per cent, followed by FMCG (1.12 per cent),
TECK (0.66 per cent), Power (0.51 per cent) and realty (0.47 per cent).
www.thehindu.com/business/markets/sensex-ends-at-record-high-of-2103397-up-105-points/article5287963.ece?homepage=true&css=print

1/2

10/30/13

Sensex ends at record high of 21,033.97, up 105 points - The Hindu

Keywords: Sensex levels, early morning trade


Printable version | Oct 30, 2013 8:58:10 PM | http://www.thehindu.com/business/markets/sensex-ends-at-recordhigh-of-2103397-up-105-points/article5287963.ece
The Hindu

www.thehindu.com/business/markets/sensex-ends-at-record-high-of-2103397-up-105-points/article5287963.ece?homepage=true&css=print

2/2

10/31/13

Sensex ends at record closing high of 21,164.52 - The Hindu

B u sine ss M ark e ts
Published: October 31, 2013 09:59 IST | Updated: October 31, 2013 16:40 IST

Sen sex en ds at reco rd clo sin g h igh o f 21,164.52


PTI

Gains logged by 21 Sensex stocks including SBI, ICICI Bank, RIL, TCS, Bharti Airtel, ONGC, Tata Steel and GAIL India helped the Sensex
extend its winning run. File photo

PTI

The benchmark Sensex on Thursday settled at all-time closing high at 21,164.52, notching up a gain of 130.55 points,
on heavy buying in bluechips led by consumer durables and banks as attractive earnings triggered a new wave of
optimism.
The gains came on the back of heavy volumes, amid expiry of monthly derivative contracts. The Sensex, which had
gained 464 points in past two sessions, ended 130.55 points, or 0.62 per cent, higher at 21,164.52, a new al-time
closing high.
The index touched intra-day high of 21,205.44, just shy of the peak of 21,206.77 set on January 10, 2008.
Yesterday, it had closed at 21,033.97.
Gains logged by 21 Sensex stocks including SBI, ICICI Bank, RIL, TCS, Bharti Airtel, ONGC, Tata Steel and GAIL
India helped the Sensex extend its winning run.
On similar lines, the broad-based National Stock Exchange index Nifty spurted by 47.45 points, or 0.76 per cent, to
end at 6,299.15. It had earlier touched intra-day high of 6,309.05.
Also, SX40 index, the flagship index of MCX-SX, closed at 12,545.13, clocking a gain of 30.32 points or 0.24 per cent.
Brokers said foreign funds remained net buyers in Indian equities and better-than-expected earnings by leading
companies raised further hopes of more capital inflows.
Sectorally, the BSE Consumer Durables index gained the most by rising 2.65 per cent, followed by PSU index (2.47
per cent), Banking index (1.93 per cent), Metal index (1.73 per cent) and Oil & Gas index (1.44 per cent).
For the month of october, the BSE Sensex rose by 9.20 per cent, or 1,784.75 points.
Keywords: Sensex, BSE, NSE, Nifty, stock markets
Printable version | Oct 31, 2013 8:47:00 PM | http://www.thehindu.com/business/markets/sensex-ends-at-recordwww.thehindu.com/business/markets/sensex-ends-at-record-closing-high-of-2116452/article5299626.ece?css=print

1/2

11/1/13

S&P 500 Snaps Two-Day Slump as Factory Data Top Views | Fox Business
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S&P 500 Snaps Two-Day Slump as Factory Data Top Views | Fox Business
etrade.com

A regional report on the Midwestern manufacturing sector Thursday


blew past expectations.
On the corporate front, JP Morgan Chase (JPM) revealed in a
regulatory filing the U.S. Justice Department and agencies from other

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jurisdictions are probing its hiring practices in Hong Kong.

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Ford (F) and Chrysler both posted double-digit increases in October


U.S. sales. However, the gains were shy of expectations.
Chevron (CVX) posted third-quarter profits of $2.57 a share on sales
of $57 billion, missing expectations of $2.71 a share on revenues of
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Week ly Jobles s Claim s Fall, Glitches Fixed

barrel. Wholesale New York Harbor gasoline dipped 1.6% to $2.5454


a gallon. Gold fell $10.50, or 0.79%, to $1,313 a troy ounce.

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The Euro Stoxx 50 fell 0.23% to 3061, the English FTSE 100 rose

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S&P 500 Snaps Two-Day Slump as Factory Data Top Views | Fox Business
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11/1/13

Sensex hits all-time high of 21,293 - The Hindu

B u sine ss M ark e ts
Published: November 1, 2013 10:23 IST | Updated: November 1, 2013 11:55 IST

Sen sex h its all-tim e h igh o f 21,293


PTI

Stock brokers said sentiments remained bullish on continued foreign funds inflowPTI
and the RBI easing the liquidity situation in its monetary policy on Tuesday. File
photo

The S&P BSE benchmark Sensex scaled a new historic high at 21,293.88 in the late morning trade on the back of
persistent buying in realty, banking, auto and capital goods shares, triggered by sustained foreign inflows into the
equity market.
The 30-share index opened up at 21,158.81 and firmed up to hit an all-time high at 21,293.88 before quoting at
21,219.15 at 1030 hours, showing a rise of 54.63 points, or 0.26 per cent, from its last close.
The Sensex surpassed its previous record high of 21,206.77 touched on January 10, 2008.
The NSE 50-share Nifty also moved up by 5.65 points, or 0.09 per cent, to 6,304.80 at 1030 hours.
Major gainers were Hero Motors (2.31 pct), Coal India (1.95 pct), SBI (1.82 pct), BHEL (1.17 pct), Tata Motors (1.17
pct) and Jindal Steel (1.06 pct).
The market sentiment was boosted by data showing that foreign funds made massive purchases yesterday. Foreign
institutional investors (FIIs) bought shares worth a net Rs. 1,875.87 crore on Thursday, as per provisional data from
the stock exchanges.
Most Asian stock markets fell in their early trade as speculation the U.S. Federal Reserve will reduce stimulus in
coming months overshadowed improving China manufacturing data.
Key benchmark indices in Japan, Taiwan, Indonesia and Singapore shed between 0.27 pct and 1.22 pct, while those in
China, Hong Kong and South Korea rose between 0.01 pct and 0.3 pct.
Keywords: Sensex, BSE, NSE, Nifty, stock markets
Printable version | Nov 2, 2013 1:04:49 AM | http://www.thehindu.com/business/markets/sensex-hits-alltime-highof-21293/article5303999.ece
The Hindu
www.thehindu.com/business/markets/sensex-hits-alltime-high-of-21293/article5303999.ece?css=print

1/2

11/3/13

Sensex hits new peak in Muhurat trade - The Hindu

B u sine ss M ark e ts
Published: November 3, 2013 18:31 IST | Updated: November 3, 2013 19:53 IST

Sen sex h its n ew peak in Mu h u rat trade


PTI

The BSE building is lit up on Sunday for special Muhurat trading in Mumbai.

PTI

The Sensex on Sunday ended at a new lifetime closing high of 21,239.36, up 42.55 points Muhurat trading on allround buying, amid sustained capital inflows from foreign funds.
The Bombay Stock Exchange 30-share index resumed better at 21,278.08 as the Samvat year 2070 commenced with
a big bang. The benchmark firmed up further to a high of 21,321.53, before quoting at 21,255.65 at 6.35 p.m., showing
a gain of 58.84 points or 0.28 per cent from its last close.
The index had climbed to an all-time high of 21,293.88 in intra-day trade on November 1, 2013 but closed at
21,196.81.
The NSE 50-share Nifty also rose by 18.20 points or 0.29 per cent to 6,325.40 at 6.35 p.m.
Major gainers were Tata Motors (1.48%), Jindal Steel (1.35%), BHEL (1.25%), Sun Pharma (1.12%), Tata Steel
(1.09%), Maruti Suzuki (1.05%), ONGC (1.04%), Hindalco (1.00%) and SBI (0.72%).
Though there was no usual trading on Sunday, a special Muhurat trading session is permitted on the stock markets
for a limited period from 6.15 p.m. to 7.30 p.m.
Keywords: Sensex, Muhurat session, Samvat 2070
Printable version | Nov 3, 2013 8:07:33 PM | http://www.thehindu.com/business/markets/sensex-hits-new-peak-inmuhurat-trade/article5309656.ece
The Hindu

www.thehindu.com/business/markets/sensex-hits-new-peak-in-muhurat-trade/article5309656.ece?homepage=true&css=print

1/1

11/4/13

Wall Street Climbs Amid Solid Factory Data | Fox Business


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According to preliminary calculations, the Dow Jones Industrial

Factory Orders Rise

Average rose 26.3 points, or 0.17%, to 15641, the S&P 500 gained
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The broad S&P 500 climbed for the fourth-straight week last week,

HSBC Posts 3Q
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expanded at the swiftest pace in 26 months, with new orders

Johnson & Johnson

increasing for the fourth-straight month, according to a report by

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Wall Street Climbs Amid Solid Factory Data | Fox Business


Forbes.com

"The eurozone manufacturing economy is undergoing its strongest


growth period for two and a half years, since the mounting uncertainty
caused by the escalating sovereign debt crisis hit
Businesses hard in 2011," Chris Williamson, Markit's chief economist
said in the report.

What's this?

"While it is in some respects disappointing that the PMI has failed to

Jobs Repor ts

show a steeper pick up over the last two months, the recent growth
revealed by the survey indicates a marked turnaround in the health of
the manufacturing economy."
A report from the Commerce Department showed U.S. factory orders
rising 1.7% in September, matching estimates. The gauge fell 0.1% in

Week ahead: Jobs report and a lot


more

August.

Week Ahead: Tw itter IPO and October Jobs


Week ly Jobles s Claim s Fall, Glitches Fixed

In corporate news, BlackBerry (BBRY) ditched plans to sell itself,


and instead said it will receive a $1 billion investment from a group
led by Fairfax Financial. The ailing smartphone maker also said CEO
Thorsten Heins will step down, and be replaced on an interim basis by
John Chen.

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Kellogg (K ) said it expects to slice 7% of its workforce by 2017.


Elsewhere, in commodities, U.S. crude oil prices fell 49 cents, or
0.52%, to $94.12 a barrel. Wholesale New York Harbor gasoline slid
0.77% to $2.526 a gallon. In metals, gold rose $6.50, or 0.49%, to
$1,320 a troy ounce.

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GE

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Wall Street Climbs Amid Solid Factory Data | Fox Business


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11/6/13

Dow Outpaces Broad Averages, Logs New High | Fox Business


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11/6/13

Dow Outpaces Broad Averages, Logs New High | Fox Business


Mint.com

On the economic front, German factory orders revved up by 3.3% in


September from the month prior, widely beating expectations of a
gain of 0.5%. The data come as the latest sign Europe's economic
powerhouse is recovering from the debt crisis that struck the
eurozone.

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Markit's gauge of business activity in the 17-member currency bloc fell

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to 51.9 in October from 52.2 in September. The reading suggests


conditions are still improving, but at a slower rate.
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11/6/13

Dow Outpaces Broad Averages, Logs New High | Fox Business

to $25 range. The social media company Whole Foods Shares Slip on Lower
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11/6/13

Dow hits another record high - Nov. 6, 2013

Dow hits another record high


By CNNMoney Staff @CNNMoneyInvest November 6, 2013: 4:27 PM ET

Click for more market data.

NEW YORK (CNNMoney)

The Dow rose to an all-time high Wednesday as investors focused on mostly solid corporate earnings.
The Dow gained 126 points to surpass its record high from last week. Microsoft ( MSFT, Fortune 500) and Chevron ( CVX,
Fortune 500) were the best performing blue-chips in the Dow 30. Nike ( NKE, Fortune 500) and Home Depot ( HD, Fortune
500)were among the few Dow components that were lower.
The S&P 500 ended just below its record high, but the Nasdaq dipped. Stocks ended mostly flat Tuesday.
Health insurer Humana ( HUM, Fortune 500) reported better than expected earnings before the bell. CNNMoney parent Time
Warner ( TWX, Fortune 500) topped earnings forecasts and reaffirmed its guidance for the year.
Of the 374 companies in the S&P 500 that have reported earnings so far, 69% have topped analysts' expectations, according to
S&P Capital IQ.
"That's a nice clip to run at," said Bill Stone, chief investment strategist for PNC Wealth Management.
Tesla shifts into reverse: Tesla (
as investors were hoping for.

TSLA) shares plunged after the electric car maker's third-quarter results were not as strong

It's been a bumpy ride for Tesla. At its peak in September, the stock had quadrupled in price. That prompted many investors to
take profits in October. But some StockTwits traders welcomed the volatility.
"$TSLA You just need to sell it when it runs up a lot and buy it when it drops a lot ...depending on scenario, but it's a great trading
stock," said scherf_com.
Shares of teen apparel retailer Abercrombie & Fitch (
was closing its lingerie chain Gilly Hicks.

ANF)tumbled 13% after the company warned of weak sales and said it

money.cnn.com/2013/11/06/investing/stocks-markets/index.html?iid=mkt_SF_news

1/3

11/6/13

Dow hits another record high - Nov. 6, 2013

Abercrombie is no longer cool


The warning was evidence that Abercrombie is losing its appeal with an often fickle demographic, according to one StockTwits
user.
"$ANF my teen daughter and her friends say that ANF isn't cool anymore," said ipoguy.
Shares of OpenTable (
Tuesday.

OPEN) surged 12% after the online restaurant reservations company reported record revenues late

"$OPEN another great stock, of course its overvalued but it certainly is a great app," said ccash04.
Icahn's next target: eBay? Shares of eBay ( EBAY, Fortune 500) gained on rumors that activist investor Carl Icahn is
considering a stake in the online auction company. Icahn recently increased his investment in Apple ( AAPL, Fortune 500) and
sold a big chunk of his position in Netflix ( NFLX).
"$EBAY Carl Icahn? Is he buying shares in every Tech co now?" asked Lach14.
CBS ( CBS, Fortune 500) reported strong quarterly sales after the market closed. Shares of Whole Foods ( WFM, Fortune
500) sank on a disappointing outlook. SolarCity ( SCTY), the renewable energy firm chaired by Tesla CEO Elon Musk, reported
a smaller-than-expected loss and sales that topped forecasts.
Twitter mania! Investors will also keep tabs on Twitter ( TWTR) once the market closes. The social media site, which has more
than 230 million users, is widely expected to price its initial public offering this evening and begin trading on Thursday.
The IPO market has been booming as stocks trade near all-time highs. The S&P 500 has gained 24% so far this year, extending a
bull market that started in March 2009.
Barracuda Networks ( CUDA), which provides cloud computing and network security services, priced its IPO at $18 a share,
the low end of its price range. But the stock jumped more than 20%. Avianca Holdings ( AVH ) and Arc Logistics Partners
( ARCX) also went public Wednesday but did not fare as well.
Related: Main Street may avoid Twitter

Looking ahead to the rest of the week, investors are awaiting the U.S. October jobs report from the Bureau of Labor Statistics.
The report, due out Friday morning, has a strong influence on market sentiment.
Investors are zeroing in on the economy as they attempt to gauge when the Federal Reserve will begin to slow, or taper, the
pace of its $85 billion per month stimulus program.
The Fed is expected to stay on hold until sometime next year, but any sign of improvement in growth, particularly in the job
market, could stoke concerns about an early exit.
"We all know the taper is coming, we just don't know when," said Stone.

money.cnn.com/2013/11/06/investing/stocks-markets/index.html?iid=mkt_SF_news

2/3

11/6/13

Dow hits another record high - Nov. 6, 2013

Related: Fear & Greed Index nearing extreme greed

On Thursday both the European Central Bank and the Bank of England will announce interest rate decisions. The ECB is under
pressure to cut rates to a new low.
European markets and Asia's stock markets ended mixed.

First Published: November 6, 2013: 9:51 AM ET

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11/9/13

Stocks: Stocks gain on strong jobs report - Nov. 8, 2013

Hooray! Stocks pop on solid jobs report


By CNNMoney Staff @CNNMoneyInvest November 8, 2013: 4:09 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Good news is good news! Stocks bounced back Friday thanks to a much better-than-expected jobs report.
The Dow Jones industrial av erage rose more than 167 points, or 1%, to end at another record closing high. The S&P
500 gained 1.3% and the Nasdaq added 1.6%. This comes one day after stocks tum bled following a surprise interest rate
cut by the European Central Bank and stronger than expected U.S. econom ic reports.
The S&P 500 and the Dow both ended higher for a fifth straight week. The Nasdaq, despite Friday's big gains, was still
down for the week.
The economy added 204,000 jobs in October, according to the Labor Department. That is higher than the 120,000
estimate of economists surveyed by CNNMoney. The gains came despite a partial government shutdown in October, which
many economists had feared would hurt the economy.
Separately, the Commerce Department said personal income rose 0.5% in September, while spending edged up 0.2%. But
consumer sentiment was down in October, according to an index from Reuters and the University of Michigan.
Still, Friday's jobs report and other good economic news has revived speculation on when the Federal Reserve will begin
scaling back, or tapering, its $85 billion per month bond buying program. Many market experts believe the Fed's stimulus is
a key reason why stocks have surged this year.
But bond prices fell, with the yield on the 10-y ear Treasury note rising to 2.75%, from 2.61% Thursday. Bond prices and
rates move in opposite directions. The spike in yields Friday could be another sign that the market believes the Fed will
taper sooner rather than later.
Alan Levenson, an economist at T. Rowe Price Associates, said the jobs report increases the chance that the Fed could
announce it will start to taper at its December meeting.
Yields surged earlier this summer on expectations the Fed would cut back its bond buying sometime this year. But not
everyone believes the Fed will make a move next month. Hank Smith, chief investment officer at Haverford Trust, said many
investors are still looking for tapering to begin early next year once a new Fed chairman is in place.
Current Fed chair Ben Bernanke's term is set to expire at the end of January. President Obama has nominated Fed vice
chair Janet Yellen to replace him. She must still be confirmed by the Senate.
money.cnn.com/2013/11/08/investing/stocks-markets/index.html?iid=HP_River

1/3

11/9/13

Stocks: Stocks gain on strong jobs report - Nov. 8, 2013

But even when the tapering process begins, monetary policy is likely to remain "extraordinarily accommodative," said Smith.
Related: Fear & Greed Index still shows greed

Stocks on the m ov e: Twitter ( TWTR) shares fell 7% on Friday, their second day of trading. Tw itter shares closed at
$44.90 on Thursday, a whopping 73% gain from its initial public offering price of $26 a share.
Some StockTwits users were quick to say I told you so.
"$TWTR Several of us warned bulls yesterday that the sell-off hadn't even started. Hope you listened," said BlackBerril.
Others were relieved that they stayed away from the highly-anticipated IPO.
"$TWTR Back to IPO price pretty soon. Whoever held back on buying is probably feeling good about now," said Sanjit69.
Still, some traders see Twitter, which is not yet profitable, as an attractive investment at the right price.
"$TWTR This stock has nothing but hopes and dreams. I do believe some of their dreams will come true, for now I stay out.
Will buy in 20's," said Brw ood6980.
Shares of the Gap ( GPS, Fortune 500) jumped nearly 10% after the apparel retailer reported strong sales for October.
That's a sharp contrast with Abercrombie & Fitch ( ANF), which warned of weak sales earlier this week and shut down its
lingerie business.

Khakis are back! Gap up on strong sales


"Khakis are cool again in Oct after being uncool in Sep. $GPS," said bigelam.
Groupon ( GRPN) shares rose despite disappointing earnings and a weak outlook. The daily deal site announced it was
buying Korean site Ticket Monster from its top rival LivingSocial.
Walt Disney (

DIS, Fortune 500) reported slightly better-than-expected earnings and sales. The stock rose on the news.

Tesla ( TSLA ) shares continued to fall Friday after a Model S caught fire after a crash Thursday in Tennessee. It's the
third widely-reported fire involving one of the all-electric plug-in luxury cars in just two months. The stock has plunged more
than 20% since it reported its latest quarterly results on Tuesday.
European m arkets ended mixed. The Paris stock market tumbled after Standard & Poor's downgraded France's credit
rating. Asian m arkets chalked up big losses despite strong China trade data.

First Published: November 8, 2013: 9:52 AM ET

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2/3

11/8/13

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an upbeat jobs report.


Tw eet

32

Shar e

Today's Markets
Wall Street Takes
Biggest Drop Since

The Dow Jones Industrial Average rose 168 points, or 1.1%, to

August

15762, the S&P 500 advanced 23.5 points, or 1.3%, to 1771 and the
RELATED STOCKS

GS

Nasdaq Composite climbed 61.9 points, or 1.6%, to 3919.


163.17

Do Credit Card

The Labor Department said the American economy added 204,000

THE GOLDMAN ...

+3.53

DIS

68.58

The unemployment rate rose by 0.1 percentage point to 7.3%,

THE WALT DIS...

+1.43

matching forecasts. The labor force participation rate a measure of

Rew ards Count as

jobs in October, widely beating estimates of an increase of 125,000.

Taxable Income?

the proportion of the population employed or seeking employment

US stocks are in the

dropped to 62.8%, the lowest level since March 1978.

market

late stage of a bull

A report from the Commerce Department showed U.S. consumer


spending ticked up by 0.2% in September, matching expectations.
Meanwhile, personal income climbed 0.5%, topping estimates of a
0.3% advance.

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Separately, analysts at Goldman Sachs (GS) said they expect the


U.S. economy to grow at an annual pace of 1.5% in the fourth quarter,
down from a previous assumption of 2%, as the impact of the
shutdown weighs.
What's this?

The data have come under additional scrutiny recently as traders try to
determine when the Federal Reserve will begin paring back its vast

Jobs Repor ts

bond-buying program.
At the same time, traders will get another report on consumer income
and spending. At 9:55 a.m. ET, the markets will get a look at
consumer sentiment. Both gauges are important as the key holidayshopping season kicks off.

Will Octobers jobs report speed up


Feds tapering plans?
McDonalds Book s Slight Incr eas e in October
Sales

On the European front, Standard & Poor's chopped down France's

Gover nm ent Shutdow n May Dis tor t Jobs Repor t

credit rating from "AA+" to "AA." The ratings company cited weak
economic growth and what it called "fiscal constraints." The move
sent the country's CAC 40 index tumbling more than 1%.
Germany's exports, meanwhile, surged 3.6% on a year-to-year basis,
with the economic giant's trade surplus hitting a record high.

MOST POPULAR STOCKS

TWTR

Today

AAPL

+1.57%

APPLE INC.

In corporate news, Disney (DIS) posted fiscal fourth quarter earnings


that topped Wall Street's expectations.

FORD MOTOR CO...

Elsewhere, U.S. crude oil futures rose 13 cents, or 0.14%, to $94.33 a


barrel. Wholesale New York Harbor gasoline edged up by 0.4% to
$2.513 a gallon. Gold was little changed at $1,308 a troy ounce.

-7.24%

TWITTER INC.

GE

GENERAL ELECT...

FB

FACEBOOK INC.

Today

+1.81%
Today

+1.69%
Today

-0.06%
Today

41.65
4:01 PM

520.56
4:00 PM

16.85
4:00 PM

27.05
4:00 PM

47.53
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LifeFactopia

Still, there was corporate news for traders to parse through.


Amazon.com (AMZN) made a deal with the U.S. Postal Service to
begin delivering packages in certain cities on Sunday. News Corp.
(NWSA), the former parent of FOX Business, is set to report its
quarterly earnings after the closing bell.

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In commodities, U.S. crude oil futures fell 40 cents, or 0.42%, to

Jobs Repor ts

$94.20 a barrel. Wholesale New York Harbor gasoline rose 0.11% to


$2.556 a gallon. Gold slid $1.20, or 0.09%, to $1,283 a troy ounce.

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economy is ready to handle
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1/2

11/14/13

Crude Oil, Gas, and Metals Prices.html

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2/2

11/13/13

S&P 500 Hits Fresh Record High | Fox Business


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Pr int
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Led higher by retailers, the broad S&P 500 jumped to a fresh all-time

Shar e

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w ith Low Stress

The Dow Jones Industrial Average rose 70.5 points, or 0.45%, to

15821, the S&P 500 advanced 14.3 points, or 0.81%, to 1782 and

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the Nasdaq Composite climbed 45.7 points, or 1.2%, to 3965.

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1/3

11/13/13

S&P 500 Hits Fresh Record High | Fox Business

The S&P 500 hit fresh record highs, but not all market participants
were bullish: "I dont mean to sound cold myself but this rally is on
shaky legs and it wouldnt surprise me to see a little pullback here,"
Michael Block, chief strategist at Rhino Trading Partners.
What's this?

There were 26 S&P components that hit records on the day. In total
16 were consumer discretionary names, and 4 were tech players.

Jobs Repor ts

Elsewhere, in commodities, U.S. crude oil futures rose 84 cents, or


0.9%, to $93.88 a barrel. Wholesale New York Harbor gasoline rallied
1.6% to $2.6128 a gallon. Gold fell $2.80, or 0.22%, to $1,268 a troy
ounce.

Can Janet Yellen rein in the many


Fed voices?

Follow Adam Samson on Twitter @adamsamson.


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Sales
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Average American

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2/3

11/13/13

S&P 500 Hits Fresh Record High | Fox Business

Str ategis t: Econom ic Ice Age Loom s

Baidu Dir ecting View er s To Pir ated Videos , MPAA Say

After Mar k et: Dow , S&P Hit New Highs ; an Ear ly


Chr is tm as Pr es ent for Macy's

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3/3

11/13/13

The bull is back! S&P 500 at record high - Nov. 13, 2013

The bull is back! Dow and S&P hit records


By CNNMoney Staff @CNNMoneyInvest November 13, 2013: 4:28 PM ET
Recom m end

34

Click for more market data.

108

27

32

12

TOTAL SHARES

NEW YORK (CNNMoney)

The Dow and S&P 500 both rose to another record Wednesday, resuming their march higher after taking a breather
Tuesday. Investors remain focused on the economy as they attempt to gauge when the Federal Reserve will scale back its
monetary stimulus.
The Dow Jones industrial av erage rose 0.4% and the S&P 500 rose 0.8%. The Nasdaq rose 1% and is inching closer to
the psychologically key level of 4,000, a milestone it hasn't topped since the tech bubble burst in 2000.
The gains came amid uncertainty about when the Federal Reserve will finally begin reducing, or tapering, its bond-buying
program.
"Commentary by Fed officials continues to confound, with some for more stimulus and some for less, some talking of a
December taper and some of later," said Mike van Dulken, head of research at Accendo Markets.
Related: Companies pledge millions to Philippines

Fed vice chair Janet Yellen may shed light on the topic when she appears before the Senate Banking Committee on
Thursday for her confirmation hearing. Yellen is President Obama's nominee to replace Ben Bernanke as chairman of the
Fed.
The Fed's stimulus policies have been a major driver of the bull market in stocks over the past few years. But recent reports
on econom ic grow th and hiring have some experts betting that the central bank will begin its exit strategy sooner rather
than later.
Investors were also digesting a Chinese Communist Party communique on econom ic reform that was heavy on jargon but
light on specifics.

money.cnn.com/2013/11/13/investing/stocks-markets/index.html?iid=H_MKT_News

1/3

11/13/13

The bull is back! S&P 500 at record high - Nov. 13, 2013

That put pressure on Asian m arkets Wednesday, with the main stock indexes in Hong Kong and Shanghai declining by
nearly 2%. European m arkets also fell. Shares in London sank amid concerns the Bank of England could hike interest
rates after the bank raised its inflation expectations and lowered its outlook for unemployment.
Related: Fear & Greed Index remains in greed

What's m ov ing: Macy's (


store sales.

M, Fortune 500) shares rose on better-than-expected quarterly earnings and strong same-

The retailer's results suggest American consumers could spend big this holiday season, according to some StockTwits
traders.
"Nice results from $M heading into the holiday shopping season, could see very good retail numbers if price of gas
continues to drop," said 5thStreetResearch.
"$M actually made a profit - shoppers prefer a store rather than putting up with mail return BS $AMZN," said
elon_m usketeer.
China's Sina ( SINA ), which operates the Twitter (
upbeat revenue outlook. Shares rose 11%.

TWTR) competitor Weibo, reported strong earnings and issued an

China's Weibo a better bet than Twitter?


Shares of Chegg ( CHGG) fell 23% to about $9.62 in the company's stock market debut. The operator of a text book rental
service priced its initial public offering at $12.50 a share -- above its offering range -- on Tuesday.
Some traders were wondering why the company priced its stock so high, while others still believe Chegg is a good long-term
bet.
"$CHGG Just wondering where was the demand that made the underwriters think to price this above the filing range?
Somebody needed a favor..." asked the ipoguy.
"$CHGG is starting a new trend in education system. Their mobile apps are well ahead of the competition. Potential for long
term growth," said TheRainm aker.
Potbelly ( PBPB ) surged after the sandwich shop reported strong results late Tuesday. The company recently went public
and shares more than doubled on their first day of trading.
We know where this StockTwits user is going to have lunch today.
"$PBPB Only reason I bought this at ipo was because I eat there a lot. Thanks to me going there every week their earnings
were good," said the modest WallStreetBaller.
Tesla ( TSLA ) shares edged higher after CEO Elon Musk said there " definitely " w on't be a recall of the Model S,
quashing rumors in the wake of three battery fires during the past five weeks.
money.cnn.com/2013/11/13/investing/stocks-markets/index.html?iid=H_MKT_News

2/3

11/13/13

The bull is back! S&P 500 at record high - Nov. 13, 2013

Shares of Starbucks ( SBUX, Fortune 500) drifted lower after the coffee chain agreed to pay $2.7 billion to Mondelez
( MDLZ, Fortune 500)to settle a contract dispute.
Dow component Cisco Systems ( CSCO, Fortune 500) reported earnings after the closing bell that topped forecasts. But
sales missed and the stock dipped in extended trading.

First Published: November 13, 2013: 9:45 AM ET

Recom m ended for You

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11/14/13

Fed Optimism Lifts Stocks; S&P Logs New High | Fox Business
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The broad S&P 500 notched yet another fresh all-time high Thursday

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The Dow Jones Industrial Average rose 54.6 points, or 0.35%, to


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Economists were looking for the gap to widen to $39 billion.While
international trade is a lagging indicator, it will figure directly into thirdquarter gross domestic product estimates. In fact, Barclays cut its
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11/14/13

Fed Optimism Lifts Stocks; S&P Logs New High | Fox Business

third-quarter GDP view by 0.2 percentage point to 2.6% on the back


of the data.
The Labor Department reported number of people filing for first-time
jobless benefits fell to 339,000 last week from an upwardly-revised

What's this?

341,000 the week prior. Economists expected claims to rise to


339,000 from an initially-reported 336,000.The Fed has been paying

Jobs Repor ts

close attention to data on the labor market as the central bank


determines when it should begin paring back its $85-billion-dollar-amonth bond-buying program.
Also on that front, Fed Vice Chair Janet Yellen, who is President
Barack Obama's pick to take over the chairman role from Ben

Weekly jobless claims fall to


339,000

Bernanke, testified before the Senate.

Week ly Jobles s Claim s Fall


McDonalds Book s Slight Incr eas e in October
Sales

In her wide-ranging remark, she said there isn't evidence investors


are reaching for yield, which is to say they're not taking on excessively
risky investments in the face of low interest rates. Dan Greenhaus,
chief global strategist at BTIG, said that's an "important" development,
because that would mean "theres no need, right now, to worry about
an aggressive unwind" of the central banks aggressive policies.

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AAPL

+1.45%

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biggest retailer posted quarterly sales that missed expectations. Still,
per-share profits beat Wall Street's estimates.

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In commodities, U.S. crude oil futures rose 2 cents, or 0.02%, to


$93.90 a barrel. Wholesale New York Harbor gasoline soared 2.1%

-0.06%

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26.99
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44.69
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to $2.684 a gallon. Gold climbed $18.20, or 1.4%, to $1,287 a troy


ounce.
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Should Canada merge w ith


the U.S.?

www.foxbusiness.com/markets/2013/11/14/fed-optimism-lifts-stocks-sp-logs-new-high/

Gary Johnson: The


Presidents health-care
plan is unaffordable

2/3

11/14/13

Fed Optimism Lifts Stocks; S&P Logs New High | Fox Business

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Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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This material may not be published, broadcast, rew ritten, or redistributed. 2013 FOX New s Netw ork, LLC. All rights reserved.

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3/3

11/15/13

Sensex snaps seven-day losing trend, up 205 points - The Hindu

B u sine ss M ark e ts
Published: November 14, 2013 16:55 IST | Updated: November 14, 2013 16:55 IST

Sen sex sn aps seven -day lo sin g tren d, u p 205 po in ts


PTI

With the intervention of RBI to stabilise the Rupee and Inflation, Sensex went up 205 points after a gap of seven days. A file photo: Vivek
Bendre.

The Hindu

The benchmark Sensex on Thursday jumped by over 205 points, its first rise in eight days, buoyed by gains in
interest-rate sensitive sectors after RBI announced fresh steps to boost liquidity in the banking system and on fresh
hopes that US Fed will maintain its economic stimulus.
The Sensex, which had lost 1,045 points in the past seven sessions, recovered by 205.02 points, or 1.02 per cent, to
end at 20,399.42. It had touched a high of 20,568.99 intra-day.
Tata Motors, ICICI Bank, L&T, HDFC Bank, Tata Steel and M&M shares helped the 30-share index gain and snap its
longest selling streak since the eight days ended August 2, 2013.
Stock markets appeared to have ignored WPI inflation that rose to 7.0 per cent year-on-year in October from 6.5 per
cent in September. Analyst Sonal Varma of Nomura said the data were generally in line with expectations.
On similar lines, the NSE index Nifty rose by 66.55 points, or 1.11 per cent, to end at 6,056.15 led by stocks of auto,
bank and realty. Also, SX40 index of MCX-SX bourse ended at 12,119.39, up 117.27 points or 0.98 per cent.
In step with the recovery in stock markets, the rupee was last trading higher at 63.25 versus the US dollar.
Brokers said the market was in an oversold position and recovered on buying amid RBI planning to undertake open
market operation next week by injecting Rs 8,000 crore into the system.
In the US, Janet Yellen, nominated to be the next chairman of the Fed, today indicated a strong economic recovery
would enable the central bank to trim its $ 85-billion-a-month bond buying programme.
The comments spurred hopes of the US Fed sticking to its current pace of asset purchases after the recent jobs and
GDP data led to speculation that the bond-buying would be trimmed.
Sectorally, the BSE Auto sector index gained the most by rising 2.91 per cent, followed by Banking (2.66 per cent),
Realty (2.28 per cent) and Capital Goods (1.88 per cent).
www.thehindu.com/business/markets/sensex-snaps-sevenday-losing-trend-up-205-points/article5351126.ece?css=print

1/2

11/15/13

Sensex snaps seven-day losing trend, up 205 points - The Hindu

The market will be closed tomorrow on account of Muharram. For the week ended November 14, Sensex dipped by
266.73 points or 1.29 per cent, the second loss in a row.
Keywords: Bombay Stock Exchange, Sensex, RBI intervention, Infusion of funds, Public sector
Printable version | Nov 16, 2013 7:33:27 AM | http://www.thehindu.com/business/markets/sensex-snaps-sevendaylosing-trend-up-205-points/article5351126.ece
The Hindu

www.thehindu.com/business/markets/sensex-snaps-sevenday-losing-trend-up-205-points/article5351126.ece?css=print

2/2

11/15/13

Week Ahead: Economic Data and a Yellen Vote | Fox Business


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11/15/13

Week Ahead: Economic Data and a Yellen Vote | Fox Business

Last month the Fed voted to maintain its $85-billion-a-month bond

Jobs Repor ts

purchase program at its current level and to keep interest rates at


their historically low rates.
In other Fed news, the Senate Banking committee could take a vote
on the nomination of Yellen to succeed current Fed Chair Ben
Bernanke at the helm of the central bank. Yellen testified before the
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2/3

11/15/13

Week Ahead: Economic Data and a Yellen Vote | Fox Business

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3/3

11/15/13

Dow and S&P end at record highs - Nov. 15, 2013

Dow and S&P end at record highs


By Ben Rooney @CNNMoneyInvest November 15, 2013: 4:32 PM ET
Recommend

130

Click for more market data.

226

74

46

19

41

TOTAL SHARES

NEW YORK (CNNMoney)

Wall Street traders will have to wait until next week to don their commemorative "Dow 16,000" baseball hats, but both the
Dow and the S&P did end the day at record highs.
The Dow Jones industrial av erage, the S&P 500 and the Nasdaq all posted gains of more than 1% for the week.
The Dow is closing in on 16,000, while the S&P 500 ended a few points shy of 1,800, which would be the first time for both.
The tech-heavy Nasdaq is nearing 4,000, a level not seen since September 2000, just after the collapse of the dot-com
bubble.
Some believe stocks can continue moving higher in the short run as investors who have sat out the rally so far rush to get in
before the party's over. Plus, stocks are still trading at compelling valuations, compared with many other assets. Bulls also
say that the market surge is justified by improving economic conditions and record corporate profits.
Thomas Lee, lead equity strategist at JPMorgan, believes the United States remains in the middle of a bull market,
according to a note sent Friday to clients. So it makes sense to still be buying stocks.
Lee raised his year-end target for the S&P 500 to 1,825, which is 1.5% higher than current levels.
But others warn that stocks are being inflated by the Federal Reserve's easy monetary policies.
The bears say stocks are due for a correction, which could come once the Fed begins to cut back, or taper, its $85-billionper-month bond-buying program. That could happen as soon as next month but is more likely to take place sometime next
year.
Related: China becomes world's top gold buyer

money.cnn.com/2013/11/15/investing/stocks-markets/index.html?iid=HP_LN

1/3

11/15/13

Dow and S&P end at record highs - Nov. 15, 2013

Dow 16,000? Who cares!


For the moment though, worries about Fed policy have been put on the back burner.
Janet Yellen, who has been nominated to replace Ben Bernanke as Fed chair, told a Senate panel Thursday that she is
determined to support the U.S. economic recovery, and believes the Fed's bond-buying program still has the power to help.
"She is clearly emphasizing the need for policy to remain highly accomodative for some time," said Jim O'Sullivan, chief U.S.
economist at High Frequency Economics.
Related: Fear & Greed Index approaching Extreme Greed

What's m ov ing: Shares of J.C. Penney ( JCP, Fortune 500) rose on news that several hedge funds, including
Appaloosa Management, have invested in the ailing retailer.
The stock is the worst performer in the S&P 500 this year, but it has rallied lately and will report its latest quarterly results
next week.
Some traders on StockTwits are betting J.C. Penney will surprise the market with strong sales.
"$JCP turning point going higher here. All the way back up. With holiday coming and a possible new CEO will propel this
one higher as ever," said JustRingDRegister.
Not everyone is so confident.
"You know this is pure speculative mkt when $JCP rallies 45% since 6.2 on 10/22," said Lach14.
Shares of two companies in the 3-D printing business were on the move.
U.S.-listed shares of voxeljet ( VJET), a German manufacturer of 3D printers, jumped 6%. The company raised its outlook
for the year after revenue surged 77% in the third quarter. Earnings more than tripled in the quarter.
"$VJET Why is this one rising too fast? Because it seems the company has sold 3 machine and profited 1.5 million for the
quarter," said Khiem m ai.
Organovo ( ONVO), a company that produces human tissues using 3-D bioprinting technology, ended flat after surging
10% in early trading. The stock is up nearly 400% so far this year.
"$ONVO This is a stock but also a revolutionary idea that could change the way people live, much like electricity & the cell
phone. Amazing," said Kray Chi.
Shares in Exxon Mobil ( XOM, Fortune 500) were higher after it was revealed that Warren Buffett's Berkshire Hathaway
( BRKA , Fortune 500) made a big bet on the company, buy ing roughly 40 m illion Ex x on shares -- worth $3.74 billion
at Thursday's closing price.

money.cnn.com/2013/11/15/investing/stocks-markets/index.html?iid=HP_LN

2/3

11/15/13

Dow and S&P end at record highs - Nov. 15, 2013

Government-sponsored mortgage giants Fannie Mae ( FNMA , Fortune 500) and Freddie Mac ( FMCC, Fortune 500)
both surged after activist shareholder Bill Ackm an disclosed in a regulatory filing that his firm, Pershing Square, bought just
under a 10% stake in each firm.
And there was another hot IPO Friday. Zulily (
surged nearly 70% in its debut.

ZU), a daily deals site that focuses on apparel for babies, kids and moms,

First Published: November 15, 2013: 9:46 AM ET

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3/3

11/18/13

Sensex 451-point upsurge; rupee recovers - The Hindu

B u sine ss M ark e ts
Published: November 18, 2013 17:02 IST | Updated: November 18, 2013 20:10 IST

Sen sex 451-po in t u psu rge; ru pee reco vers


PTI

Joining a global rally, the benchmark Sensex surged by over 451 points,
logging its best daily gain in a month, to close at 20,850.74. File Photo

The Hindu

Joining a global rally, the benchmark Sensex surged by over 451 points, logging its best daily gain in a month, to close
at 20,850.74 on Monday on the back of optimism over Chinese reforms and continued hopes of Fed sticking to its
economic stimulus.
In step with local stocks, the rupee also jumped by over 60 paise to trade near 62.5 levels against the US dollar. The
rupee recovered as the RBI plans to inject Rs. 8,000 crore into the financial system via open market operations on
Monday.
Brokers said investors shrugged off sentiments from foreign brokerage outfit UBS downgrading Indian equities to
neutral from overweight. Massive buying was seen in rate-sensitive capital goods, banking and realty shares.
FMCG, oil & gas and power also saw fund-based purchasing, they added.
ITC, HDFC Bank and RIL drove the 30-share Sensex where 26 constituents ended the session in the green. L&T,
HDFC, ICICI Bank, Infosys, HUL, ONGC, Hindalco and BHEL saw smart gains.
After gaining 205 points in the previous session, the Sensex shot up by 451.32 points, or 2.21 per cent, to end at nearly
two-week high of 20,850.74. Additionally, this was the gauges biggest single-day gain in terms of points since
October 18 when it rose by 467.38 points.
Similarly, the broad-based National Stock Exchange index Nifty shot up by 132.85 points, or 2.19 per cent, to 6,189.
Also, SX40 index of MCX-SX closed 247.21 points up at 12366.6.
Asian markets attracted solid buying in a delayed reaction to China last week unveiling big-bang economic and social
reforms in nearly three decades. Shanghani Composite surged 2.8 per cent, followed by Hang Seng up 2.6 per cent,
Jakarta Composite up 1.3 per cent while KOSPI inched up 0.23 per cent.
European markets were trading 0.3-0.5 per cent higher in early trade tracking gains in US that surged to a new
record on Friday after Fed chief nominee Janet Yellen bolstered expectations of keeping the flow of easy money intact.
Sectorally, the BSE Capital Goods sector index gained the most by rising 3.19 per cent, followed by Banking index (up
3.15 per cent), FMCG index (2.52 per cent) and Realty index (2.41 per cent).
www.thehindu.com/business/markets/sensex-451point-upsurge-rupee-recovers/article5364240.ece?css=print

1/2

11/18/13

Sensex 451-point upsurge; rupee recovers - The Hindu

Keywords: Sensex, BSE, closing trade, Chinese reforms, Nifty, NSE


Printable version | Nov 18, 2013 9:09:27 PM | http://www.thehindu.com/business/markets/sensex-451pointupsurge-rupee-recovers/article5364240.ece
The Hindu

www.thehindu.com/business/markets/sensex-451point-upsurge-rupee-recovers/article5364240.ece?css=print

2/2

11/18/13

Dow Logs Record High, But Fails to Hold 16K Mark | Fox Business
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www.foxbusiness.com/markets/2013/11/18/dow-logs-record-high-but-fails-to-hold-16k-mark/

1/3

11/18/13

Dow Logs Record High, But Fails to Hold 16K Mark | Fox Business

New York Fed chief William Dudley said the economy appears to be

Jobs Repor ts

strengthening despite fiscal headwinds. The remarks sparked worries


that the central bank could begin paring back its bond-buying program
as soon as December.
Also on the economic front, the National Association of Home
Builders reveals its latest reading on homebuilder sentiment at 10
a.m. ET. The housing sector, which was pummeled during the

Weekly jobless claims fall to


339,000
Week ly Jobles s Claim s Fall

financial crisis, has been a centerpiece of the recovery. However,

McDonalds Book s Slight Incr eas e in October


Sales

higher mortgage rates have put some pressure of the segment


recently.

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In corporate news, Boeing (BA) shares rallied after the aerospace


giant revealed $95 billion in orders for its 777X plane -- representing
the largest commercial jet launch in history by dollar value, according
to the company. Tyson Foods (TSN) posted quarterly profits that
narrowly beat analysts' expectatins.
Elsewhere, U.S. crude oil prices fell 36 cents, or 0.38%, to $93.48 a
barrel. Wholesale New York Harbor gasoline slid 1.1% to $2.628 a
gallon. Gold dipped $8.80, or 0.69%, to $1,279 a troy ounce.

GE

GENERAL ELECT...

0.00%
Today

-0.59%

FORD MOTOR CO...

Today

BA

+1.67%

BOEING CO.

Today

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-1.19%

APPLE INC.

XOM

EXXONMOBIL CO...

Today

+0.12%
Today

27.20
3:59 PM

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3:59 PM

138.36
3:59 PM

518.74
3:59 PM

95.38
3:59 PM

Follow Adam Samson on Twitter @adamsamson.


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11/18/13

Dow Logs Record High, But Fails to Hold 16K Mark | Fox Business

Dow Fails to Hold Historic 16K Level


The Dow climbed past the 16000 mark
for the first time ever Monday, but the
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Implemented by Inter active Data Managed Solutions . Company fundamental data provided by Mor nings tar . Earnings estimates data provided by Zacks. Mutual fund
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3/3

11/19/13

Sensex rises 40 points to end at two-week high - The Hindu

B u sine ss M ark e ts
Published: November 19, 2013 17:09 IST | Updated: November 19, 2013 17:09 IST

Sen sex rises 40 po in ts to en d at tw o -w eek h igh


PTI

In the 30-scrip Sensex, Hindalco and Jindal Steel led the 14 gainers. File Photo: PTI

In choppy trade, the benchmark Sensex on Tuesday climbed for the third straight day and ended 40.08 points higher
at a nearly two-week high buoyed by gains in Infosys, SBI and Maruti Suzuki shares, amid sustained strength in the
rupee against US dollar.
After gaining 656 points in previous two sessions, the Sensex gained 40.08 points, or 0.19 per cent, to end at
20,890.82 led by stocks of realty, capital goods and banking sectors. The index closed at 20,894.94 on November 6.
In the 30-scrip Sensex, Hindalco and Jindal Steel led the 14 gainers. SBI and Maruti gained over 3 per cent each. 15
counters led by Sesa-Sterlite, HDFC Bank and Coal India declined. Tata Power ended flat.
On similar lines, the broad-based National Stock Exchange index Nifty rose by 14.35 points, or 0.23 per cent, to close
at 6,203.35, after touching 6,212.40 intra-day. Also, SX-40 index of MCX-SX closed 34.80 points up at 12,401.4.
Brokers said steady capital inflows as rupee strengthened against the dollar and reports of higher earnings by some
bluechips, mainly helped the domestic market extend gains.
The rupee appreciated to touch 61.87 versus dollar intra-day. Globally, the US dollar traded weak against major rivals
ahead of Fed chief Ben Bernankes speech at National Economists Club in Washington later today.
Analysts hope Bernanke would speak in favour of keeping the USD 85 billion a month stimulus intact like New York
Fed chief William Dudley and Federal Reserve chief nominee Janet Yellen did recently. Also, the release of FOMC
minutes is expected on Wednesday.
Sectorally, the BSE Realty sector index gained the most by rising 1.51 per cent, followed by Capital goods index (up
1.28 per cent), TECK index (0.46 per cent) and Banking index (0.35 per cent). IT index gained 0.28 per cent on
Infosys scrip gaining 1.3 per cent.
Keywords: Sensex, BSE, stock markets, NSE, Nifty, closing trade
Printable version | Nov 19, 2013 6:21:51 PM | http://www.thehindu.com/business/markets/sensex-rises-40-pointsto-end-at-twoweek-high/article5368070.ece
The Hindu

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Jobs Repor ts

The Labor Department reported wholesale prices fell 0.2% in


October, matching economists expectations. Excluding the food and
energy segments, prices rose 0.2%, slightly exceeding the 0.1% Wall
Street expected. Prices have been broadly holding steady even as
the Federal Reserve pushes hard on the economic accelerator,

Weekly jobless claims fall

according to recent economic data.

Week ly Jobles s Claim s Fall

The number of Americans filing for first-time unemployment benefits

McDonalds Book s Slight Incr eas e in October


Sales

fell last week to 323,000 from an upwardly revised 344,000 the week
prior, Labor said. Economists expected the number of claims to fall to
335,000 from an initially reported 339,000. Jobless claims have
stabilized to some extend following the government shutdown in

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The Philadelphia Federal Reserve said manufacturing in the midAtlantic region slowed to 6.5 in November, from 19.8 in October, while
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Readings above zero point to expansion, while those below indicate

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its full-year outlook amid a weaker-than-expected increase in


comparable sales.
Elsewhere, U.S. crude oil futures rallied $1.59, or 1.7%, to $95.44 a
barrel. Wholesale New York Harbor gasoline soared 3% to $2.744 a
gallon. Gold dipped $14.40, or 1.1%, to $1,244 a troy ounce.

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Dow Notches 41st Record Close of the Year | Fox Business


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In corporate news, Nike (NKE) boosted its dividend by 14%. Gap

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Stocks: Bulls continue record run - Nov. 22, 2013

S&P 500 above 1,800. Dow hits record again.


By CNNMoney Staff @CNNMoneyInvest November 22, 2013: 4:13 PM ET
Recommend

46

Click the chart for more data on this year's bull market.

71

31

31

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks rose further into record territory Friday, as expectations that the Federal Reserve will keep buying bonds for the
foreseeable future offset concerns the market is overheating.
The S&P 500 closed above 1,800 for the first time ever. The Dow Jones Industrial Average rose to a new all-time high above
16,000, a key level crossed for the first time this week. The Nasdaq rose nearly 0.5%, and is less than 10 points from 4,000, a level
not seen since 2000.
The Dow and S&P 500 both ended higher for a seventh week. The Nasdaq posted its third consecutive weekly gain.
Since January, the Dow has climbed by 22%, the S&P 500 is up by 26% and the Nasdaq has soared by 31%.
The surge is thanks in large part to the massive stimulus program administered by the Fed, which has supported the economic
recovery with monthly bond purchases.
Related: Fear & Greed Index remains in Greed territory

With stock prices at such lofty levels, some investors say the market is becoming too expensive and the risk of a sell-off is
increasing.
"When valuations start to get stretched, that's when we get nervous," said Wasif Latif, vice president of equity investments at
USAA Investments. "This thing can go on for a while, but we're becoming more cautious."
The S&P 500 is now trading at 15 times earnings estimates for the next 12 months. That's up from a level of about 12 at the
beginning of the year and is just above the market's long-term average.
Latif said he's focusing on dividend-paying stocks, which tend to outperform in a down market. Some of the top holdings in his

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11/22/13

Stocks: Bulls continue record run - Nov. 22, 2013

firm's USAA Income Stock fund are General Electric ( GE, Fortune 500), Microsoft (
( JNJ, Fortune 500) and Chevron ( CVX, Fortune 500) .

MSFT, Fortune 500), Johnson & Johnson

Bernard Kavanagh, vice president of portfolio management at Stifel Nicolaus, said stocks are no longer cheap but he still thinks
they are fairly valued. He still expects stocks to move higher in the short-run as investors move money off the sidelines.
"A lot of the people who had been anticipating a pullback are realizing that they've missed some significant gains, and they want
to get into the market," he said.
Kavanagh said a drop of between 10% to 15% cannot be ruled out, but he dismissed claims the Fed is inflating a bubble in the
stock market. Stock valuations would be much higher if the market were in a bubble, he added.
"I don't think the market tops until people get more greedy," he said.
Along those lines, CNNMoney's Fear and Greed Index, which it looks at seven indicators of market sentiment, is currently in
Greed mode. But the index was showing signs of Extreme Greed just a week ago.
Related: Banks warned on high-interest loans

What's moving? Charter Communications ( CHTR, Fortune 500) is said to be nearing an agreement with lenders on financing
for a bid to buy Time Warner Cable ( TWC, Fortune 500), sources told the Wall Street Journal. Shares of Time Warner Cable
jumped on the report, as did Charter's.
Cablevision ( CVC, Fortune 500) and Comcast ( CCV) also rose as the report led to speculation that Comcast may also bid
for Time Warner Cable, a move that could usher in a new wave of mergers in the industry.
However, one trader on StockTwits was skeptical any deal would be done.
"$CMCSA $TWC $CHTR never going to happen," said tivoboy.
Another suggested that consolidation in the cable business makes sense as more consumers watch TV and movies online.
"Media companies making play for media distribution companies to defend against industry disruption re: $AAPL $GOOG
$AMZN...$TWC," said harmonicreasoning.
Shares of Biogen Idec ( BIIB, Fortune 500) soared to an all-time high on reports the company's multiple sclerosis drug cleared
a regulatory hurdle in Europe. One trader noted that other biotechs, such as Celgene ( CELG, Fortune 500) and Gilead Sciences
( GILD, Fortune 500), were also surging.
"Market is talking here and it's saying BUY BIG BIOTECH! $BIIB $GILD $CELG or just buy the $IBB etf's Bullish," noted
AskLou.

Hunger Games stock is 'catching fire'


Shares of movie studio Lion's Gate Entertainment (

LGF) were higher. Investors are betting on a huge opening at the box office

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2/3

11/22/13

Stocks: Bulls continue record run - Nov. 22, 2013

for "Catching Fire" -- the second movie in "The Hunger Games" franchise -- this weekend.
"$LGF Analysts believe Fire has potential to eclipse 2012's The Hunger Games, which took in nearly $700M worldwide," said
abubnic.
Microsoft ( MSFT, Fortune 500) shares were up as the company's new Xbox One goes on sale. This is Microsoft's first new
gaming console in eight years.
Foot Locker (
results.

FL, Fortune 500)shares rose to an all-time high after the retailer reported better-than-expected quarterly

European markets ended mixed. Most Asian markets closed the week on a positive note.

First Published: November 22, 2013: 9:44 AM ET

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11/25/13

Sensex raises by 388 points as oil prices tumble - The Hindu

B u sine ss M ark e ts
Published: November 25, 2013 16:40 IST | Updated: November 25, 2013 16:40 IST

Sen sex raises by 38 8 po in ts as o il prices tu m ble


PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre.

The Hindu

Snapping a three-day losing run, the benchmark Sensex today surged 387.69 points on the back of lower crude oil
prices after a historic deal between western powers and Iran on its nuclear programme.
Buying was all-round with 12 of the 13 sectoral BSE indices ending in the green. Capital goods, banking, realty and
PSU shares saw heavy buying. Oil & gas shares, including PSU fuel companies, were in the limelight.
Overall, nearly 6 stocks gained out of every 10 traded on BSE, helping investors gain Rs 1 lakh crore in the session.
The Sensex, which had shed 673.43 points in the previous three sessions, shot up by 387.69 poins, or 1.92 per cent to
end 20,605.08 - near the days highs. 27 of the 30 index constituents closed up. ICICI Bank, ITC, HDFC, HDFC Bank
and L&T contributed over 237 points of the indexs surge.
Brokers said after the recent fall in markets, the Iran-deal news was lapped up by bullish investors and markets moved
up on strong volumes. Fears of US stimulus tapering were also shrugged off, they added.
Indian stocks emerged as the star performer in Asian and European markets as falling oil prices eased inflation
concerns. Reacting to the historic deal, Brent crude fell by more than 2 per cent in early Asian trade to $ 108.5 levels.
On similar lines, the broad-based National Stock Exchange index Nifty spurted by 119.90 points, or two per cent, to
6,115.35.
Positive global cues and strong opening of European indices also boosted market sentiments. The rupee too firmed
up against dollar and was seen trading near 62.5 level, said Nidhi Saraswat, Senior Research Analyst, Bonanza
Portfolio.
Among PSU oil stocks, Hindustan Petroleum surged 6 per cent, Bharat Petroleum 4.45 per cent, Indian Oil by 2.52
per cent and Oil India by 1.44 per cent.
Sectorally, the BSE Capital Goods index gained the most by rising 3.82 per cent on the back of Crompton Greaves,
BHEL and L&T. It was followed by BSE Bankex 3.63 per cent and BSE Realty 2.28 per cent. IT shares, however, had a
forgettable day with Infosys down 0.7 per cent.
www.thehindu.com/business/markets/sensex-raises-by-388-points-as-oil-prices-tumble/article5389871.ece?css=print

1/2

11/25/13

Sensex raises by 388 points as oil prices tumble - The Hindu

Keywords: Bombay Stock Exchange, Iran Nuclear Deal, Oil prices, Stock market
Printable version | Nov 25, 2013 5:24:04 PM | http://www.thehindu.com/business/markets/sensex-raises-by-388points-as-oil-prices-tumble/article5389871.ece
The Hindu

www.thehindu.com/business/markets/sensex-raises-by-388-points-as-oil-prices-tumble/article5389871.ece?css=print

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11/25/13

Dow Ticks Up to Fresh High in Light Trade | Fox Business


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The blue-chip average tilted just slightly higher in lighter-than-usual

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The Dow Jones Industrial Average (DJI) climbed 7.8 points, or


0.05%, to 16073, the S&P 500 (GSPC) declined 2.3 points, or

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0.13%, to 1802 and the Nasdaq Composite (IXIC) rose 2.9 points, or

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2013 has been the year of records for Wall Street. The Dow broke
15000 and 16000 this year, and continues climbing deep into

Americans Top
Financial Concern:

uncharted territory. The blue-chip index has surged close to 23%,

Paying the Bills

while the broader S&P 500 has tacked on nearly 27%.


9.19
+0.32

At the same time, the Nasdaq crossed the 4000 threshold for the first

Top 10 Black Friday

time in more than 13 years Monday, although it failed to close above

Ads

that level. Still, the tech-heavy index has a long way to go before
retracing its March 2000 high of of 5049.
Investors talk about the market climbing a wall of worry. That wall

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seems to have gotten a little bit shorter recently, said Joel Huffman,
senior portfolio manager at U.S. Bank Wealth Management.
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On the economic front, the National Association of Realtors said

Jobs Repor ts

signed contracts to buy previously-owned homes fell 0.6% in October,


missing economists expectations the number of signed contracts
would rise 1.3%. The gauge is seen as a forward-looking indicator
that predicts existing home sales.
"The softness in pending sales in recent months has likely been due in

Weekly jobless claims fall

part to the jump in mortgage rates that first occurred back in May,"

Week ly Jobles s Claim s Fall

Cooper Howes, an economist at Barclays wrote in a note to clients,

McDonalds Book s Slight Incr eas e in October


Sales

"but this effect has been diminishing and we look for pending home
sales to gradually resume their previous upward trend given the
subsequent easing in financial conditions."

MOST POPULAR STOCKS

AAPL

APPLE INC.

A nuclear deal between Iran and world powers put pressure on oil
prices that are seen as particularly sensitive to geopolitical news. The
benchmark U.S. contract slid 75 cents, or 0.79%, to $94.09 a barrel.

TWTR

TWITTER INC.

Wholesale New York Harbor gasoline fell 1.7% to $2.681 a gallon.

"While the deal with Iran will certainly be the topic of the day and were

GE

seeing the expected market response in oil, the weeks performance


for stocks and bonds will still be determined by the US economic data

FORD MOTOR CO...

GENERAL ELECT...

FB

FACEBOOK INC.

+0.76%
Today

-4.73%
Today

-0.41%
Today

-1.29%
Today

-3.05%
Today

523.74
4:00 PM

39.06
4:00 PM

16.94
4:00 PM

26.73
4:00 PM

44.82
4:00 PM

and how the markets think the Fed will eventually respond," Peter
Boockvar, chief market analyst at The Lindsey Group, wrote in an
email to clients.
In metals, gold dropped $3.00, or 0.24%, to $1,242 a troy ounce.
Elsewhere, Wal-Mart (WMT) said long-time company executive Doug
McMillon will replace CEO Mike Duke, who plans to retire on Feb.
1. BlackBerry (BBRY) unveiled a slew of changes to its c-suite
Monday as freshly-minted CEO John Chen looks to turn the
smartphone maker around.
J.C. Penney (JCP) will be booted from the S&P 500 and replaced
with Allegion. Fiat said a 2013 IPO for its Chrysler unit will not be
feasible this year. The Italian automotive heavyweight is now looking
toward early 2014 for Chrysler to make its public debut.
Qualcomm (QCOM) revealed a Chinese regulator is probing the
chipmaker over anti-monopoly concerns.
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11/25/13

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Dow Adds Fifth Day to Record-Setting Streak | Fox Business


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The Commerce Department said orders for long-lasting goods fell 2%


in October, slightly more than the 1.9% drop economists expected.

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Excluding the transportation segment, orders fell 0.1%, versus a 0.5%

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gain Wall Street expected. The gauge frequently figures into


investment banks' estimates for fourth-quarter GDP.
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Dow Adds Fifth Day to Record-Setting Streak | Fox Business

The Labor Department said the number of Americans filing for first-

Jobs Repor ts

time unemployment benefits fell last week to 316,000 from an


upwardly revised 326,000 the week prior. Economists expected the
number of claims to rise to 330,000 from an initially reported 323,000.
A gauge of consumer sentiment from the University of Michigan and
Thomson Reuters shows confidence rose to 75.1 in late November
from 72 earlier in the month. Economists expected the measure to

Weekly jobless claims and October


durable goods reports
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tick up to 73.5.

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A separate report Tuesday from the Conference Board showed an


unexpected slump in consumer confidence this month -- just as the

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The Institute for Supply Management-Chicago said the pace of

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manufacturing activity in the Midwest slowed in November to 63, from

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65.9 the month prior. Economists expected growth to slow further to

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contraction.

In commodities, U.S. crude oil futures sold off by $1.38, or 1.5%, to

BBY

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$92.30 a barrel. Wholesale New York Harbor gasoline rose 0.42% to

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+0.31%
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386.71
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$2.698 a gallon. Gold fell $3.60, or 0.29%, to $1,238 a troy ounce.


On the corporate front, Hewlett-Packard (HPQ) posted quarterly
results that widely beat analysts' expectations, sending shares of the
blue-chip PC-maker surging. A bankruptcy judge approved a
settlement that will enable AMR and US Airways to merge in a move
that will create the biggest U.S. airline.
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11/28/13

Sensex recovers 115 points on strong global cues - The Hindu

B u sine ss M ark e ts
Sen sex reco vers 115 po in ts o n stro n g glo bal cu es
PTI

The benchmark Sensex on Thursday broke two straight sessions of falls and closed 114.65 points up buoyed by rise in
capital goods, realty and power shares, amid expiry of monthly equity derivative contracts and strong global cues.
Gains in RIL, L&T, Infosys, HDFC and M&M shares helped the index log gains, while losses in ICICI Bank, Tata
Motors and ITC capped further rise.
After losing 185 points in previous two sessions, the Sensex recovered by 114.65 points, or 0.56 per cent, to 20,534.91.
In the 30-share barometer, 23 constituents rose while seven fell. Overall, 12 of 13 BSE sectoral indices rose.
The 50-share National Stock Exchange index Nifty rose by 34.75 points, or 0.57 per cent, to end at 6,091.85, after
touching 6,112.95 intra-day.
Also, SX40 index of MCX Stock Exchange closed 65.24 points higher at 12,185.23.
Global stock indices closed in green tracking gains in US yesterday on analysts cheering data on jobless claims and
consumer confidence.
However, the strength in US dollar weighed on rupee that was last trading at 62.3 levels, slipping from Wednesdays
close of 62.14 - a three-week high.
Brokers said equity investors and foreign funds were seen covering their pending positions created in recent bear
phase.
On the expiry of monthly derivatives, Sahaj Agrawal, Deputy Vice President - Derivatives Research, Kotak Securities
said: Nifty ended the November series with loss of near 3 per cent. Significant volatility was seen in the last week of
the November series...next month is expected to witness increased volatility owing to (state) polls outcome.
Sectorally in the cash segment today, the BSE Capital Goods sector index gained the most as it rose 1.92 per cent,
www.thehindu.com/business/markets/sensex-recovers-115-points-on-strong-global-cues/article5401242.ece

1/2

11/28/13

Sensex recovers 115 points on strong global cues - The Hindu

followed by BSE Realty index (1.40 per cent), BSE Power index (1.37 per cent) and Metal index (0.95 per cent).
Oil&gas shares saw modest gains after crude oil consolidated at a six-month low after US crude stockpiles rose for a
tenth straight week.
Keywords: Bombay Stock Exchange, Sensex, Global cues

www.thehindu.com/business/markets/sensex-recovers-115-points-on-strong-global-cues/article5401242.ece

2/2

11/29/13

Sensex surges 257 points to two-week high - The Hindu

B u sine ss M ark e ts
Published: November 29, 2013 16:40 IST | Updated: November 29, 2013 16:40 IST

Sen sex su rges 257 po in ts to tw o -w eek h igh


PTI

The benchmark Sensex jumped 257 points on Friday to its highest level in almost two weeks buoyed by heavy buying
in banking, PSU and capital goods shares on hopes that second quarter GDP growth will beat expectations.
After gaining 114.65 points in the previous session, the Sensex shot up by 257.02 points, or 1.25 per cent, to end at
20,791.93, after touching intra-day high of 20,819.77.
ITC, ICICI Bank and SBI helped lift the 30-share index.
BHEL and Sesa Sterlite were the biggest Sensex gainers while M&M, Wipro and Hero MotoCorp were laggards in the
pack.
All 13 BSE sectoral indices ended in the green.
The broad-based National Stock Exchange index Nifty rose by 84.25 points, or 1.38 per cent, to 6,176.10. Also, SX40
index, the flagship index of MCX-SX, closed 159.26 points higher at 12,344.49.
Growth is likely to nudge 4.6 per cent levels from 4.4 per cent a quarter ago, following improved manufacturing
sector performance, said HDFC Securities in a note.
Investors are also awaiting data on fiscal deficit for first 7 months on Friday. The rupee was last trading 15 paise lower
at 62.55 levels versus the dollar.
FIIs have been net buyers of more than Rs 6,000 crore in this month, which has also boosted stock market sentiment
and increased conviction in buying, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio Ltd.
Sectorally, the BSE Banking index gained the most by rising 2.21 per cent, followed by PSU sector index (1.88 per
cent), Capital goods index (1.79 per cent) and Metal index (1.76 per cent).
On a weekly basis, the Sensex ended 575 points higher, logging the first gain in four. However, the index ended
November on a negative note as it lost 373 points.
Keywords: Bombay Stock Exchange, Sensex, GDP date, Growth projection
www.thehindu.com/business/markets/sensex-surges-257-points-to-twoweek-high/article5404990.ece?css=print

1/2

12/5/13

Exit poll results propel Sensex up with 250-points - The Hindu

B u sine ss M ark e ts
Published: December 5, 2013 17:00 IST | Updated: December 5, 2013 17:00 IST

Exit po ll resu lts pro pel Sen sex u p w ith 250-po in ts


PTI

After galloping over 450 points on exit polls predicting gains for the BJP in key state elections, the benchmark Sensex
on Thursday closed below 21,000-mark as profit booking curbed the rise to about 250 points.
Banking, capital goods and PSU shares were the leaders as nine 9 of the 13 sectoral indices on the BSE rose. However,
healthcare, FMCG and IT shares fell.
The Sensex, which lost 189.30 points in the previous two sessions, shot up to days high of 21,165.60 before ending at
20,957.81 - a gain of 249.10 points, or 1.20 per cent.
Today was the first day in a month the index breached the 21,000-level after hitting 21,142.85 intra-day on November
7.
Shares of ICICI Bank shot up 6.66 per cent, followed by HDFC Bank (4.52 per cent), L&T (4.49 per cent). These three
stocks accounted for over 210-point surge in the 30-share Sensex where 20 constituents ended in the green. ITC, Sun
Pharma, Dr Reddys and TCS were among the 10 that ended lower.
The NSE Nifty barometer, which breached the 6,300 level intra-day, ended 80.15 points, or 1.3 per cent, up at
6241.10.
Brokers said a flurry of buying triggered by exit poll results predicting a good show by the main Opposition party in
Rajasthan, Madhya Pradesh, Chhattisgarh and Delhi elections, buoyed the trading sentiment.
While the seat forecasts varied between the exit polls, the overall message seemed to be that BJP would be the
leading party in all the 4 states. If the results are in line with the exit polls, we think it would be positive for the
market. The market is looking for a strong, stable Government post 2014 elections, Bank of America Merrill Lynch
said in a report.
www.thehindu.com/business/markets/exit-poll-results-propel-sensex-up-with-250points/article5425660.ece?css=print

1/2

12/5/13

Exit poll results propel Sensex up with 250-points - The Hindu

Mirroring the movement in stocks, the Indian rupee surged to over 5-week high of 61.53 versus dollar in early trade
but lost some momentum to trade at 61.77, still 30 paise up compared to yesterday, when share market closed for the
day.
Sectorally, the BSE Banking sector index gained the most by rising 4.44 per cent, followed by Capital Goods index
(3.59 per cent), PSU index (1.51 per cent) and Realty index (1.48 per cent).
Keywords: Sensex, Bombay Stock Exchange, Exit polls, Assembly elections
Printable version | Dec 5, 2013 7:09:20 PM | http://www.thehindu.com/business/markets/exit-poll-results-propelsensex-up-with-250points/article5425660.ece
The Hindu

www.thehindu.com/business/markets/exit-poll-results-propel-sensex-up-with-250points/article5425660.ece?css=print

2/2

12/6/13

Bulls Race Back to Wall Street on Jobs Data | Fox Business


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12/6/13

Bulls Race Back to Wall Street on Jobs Data | Fox Business

The American economy added 203,000 jobs in November, higher

Jobs Repor ts

than the 180,000 Wall Street anticipated. The unemployment rate fell
0.3 percentage point to 7%, the lowest level since November 2008,
while economists expected the rate to fall less to 7.2%. The labor
force participation rate, which gauges the proportion of the population
employed or seeking employment, rose to 63% from 62.8% in
October.

Is the November jobs report a


breakout report?

"This weeks data ... add to the sense that the Fed will be itching to

U.S. Econom y Adds 203K Jobs , Jobles s Rate


Falls to 7%

pull the trigger to take the first shot at killing off its huge $85 [billion]

Week ly Jobles s Claim s Fall

per month asset purchase programme at its December meeting, at


least to fire a warning shot that the time has come to start slowly
bringing about some normalization of policy," Chris Williamson, chief
economist at UK-based Markit wrote in an email. "However, the most
likely outcome still looks like a deferment of any decisions until the
new year."
Goldman Sachs' economics team agreed, writing to clients that "we
do not think the report was strong enough to prompt the Fed to taper
asset purchases in December, although a move at the upcoming
meeting remains a possibility."

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Perhaps in a sign of Wall Street's sense of calm, traders bid-up 10Year U.S. Treasury bonds on Friday. The yield recently fell from
2.881% to 2.876%.
Adding to the upbeat sentiment was a considerably better-thanexpected report on consumer sentiment. A reading from Thomson
Reuters and the University of Michigan came in at 82.5 in December
from 75.1 in November, handily beating Wall Streets estimate of a
reading of 76. Decembers reading was the highest since July.
"Its now clear in this confidence figure how much of an impact the
goings on in DC had and luckily consumers have shrugged that off, as
they should," Peter Boockvar, chief market strategist at The Lindsey
Group, wrote in an email.
"With also help from an improving labor market and lower gasoline
prices we hope that confidence continues to improve in months to
come but as seen with holiday retail sales so far, consumers still
seem to be keeping spending close to the vest."
Both of these economic reports come as retailers like Wal-Mart
(WMT) and Gap (GPS) deal with what is expected to be a tough
holiday shopping season.
Elsewhere, in commodities, U.S. crude oil futures were flat at $97.39
a barrel. Wholesale New York Harbor gasoline climbed 0.64% to
$2.73 a gallon. Gold fell $3.90, or 0.32%, to $1,228 a troy ounce.

www.foxbusiness.com/markets/2013/12/06/jobs-data-spur-comeback-rally-on-wall-street/

2/4

12/6/13

Bulls Race Back to Wall Street on Jobs Data | Fox Business

Follow Adam Samson on Twitter @adamsamson.


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4/4

12/7/13

Ahead of poll results, Sensex up 39 points at one-month high - The Hindu

B u sine ss M ark e ts
Published: December 6, 2013 17:11 IST | Updated: December 6, 2013 17:25 IST

Ah ead o f po ll resu lts, Sen sex u p 39 po in ts at o n e-m o n th h igh


PTI

Wiping out early losses, the benchmark BSE Sensex on Friday added 39 points to remain at a one-month high amid
overseas capital inflows ahead of the assembly poll results.
However, the gauge failed to close above the 21,000 level for the second day in a row after touching an intra-day high
of 21,049.84.
The index dropped to the days low of 20,922.45 points in early trade. It ended at 20,996.53, a gain of 38.72 points, or
0.18 per cent, the highest close since November 3. Yesterday, the Sensex had surged 249 points.
The broader Nifty index on the National Stock Exchange rose 18.8 points, or 0.30 per cent, to 6,259.90, after trading
in a range of 6,230.75 to 6,275.35 during the session.
Brokers said the markets remained in a bullish mood for the second straight day after exit polls showed leads for the
main opposition party BJP in the just-concluded state assembly elections, for which results would come out on
Sunday.
They said further support came from a firm trend in some Asian stock indices and a higher opening in Europe ahead
of a US jobs report, which may provide clues on the timing of the Feds stimulus cuts.
Foreign institutional investors purchased a net Rs 1,151.51 crore of stocks yesterday, according to provisional data
from the stock exchanges. They have bought $ 17.7 billion of equities this year, with $ 1.1 billion in November alone.
Of the 30 Sensex shares, 22 closed higher and eight declined. The power sector index gained the most on the BSE,
moving up 2.27 per cent, followed by the consumer durables index, which rose 1.24 per cent.
The major Sensex gainers were Tata Power, Coal India, NTPC, Hero MotoCorp, ONGC, Larsen & Toubro, ITC, Sesa
Sterlite, Bajaj Auto and Sun Pharma.
Keywords: Bombay Stock Exchange, Sensex, Assembly election results,
Printable version | Dec 7, 2013 7:22:08 PM | http://www.thehindu.com/business/markets/ahead-of-poll-resultssensex-up-39-points-at-onemonth-high/article5430027.ece
www.thehindu.com/business/markets/ahead-of-poll-results-sensex-up-39-points-at-onemonth-high/article5430027.ece?css=print

1/2

12/7/13

Ahead of poll results, Sensex up 39 points at one-month high - The Hindu

The Hindu

www.thehindu.com/business/markets/ahead-of-poll-results-sensex-up-39-points-at-onemonth-high/article5430027.ece?css=print

2/2

12/7/13

Solid Jobs Report Fuels Rally, Ends 5-Day Skid | Fox Business
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Pr int
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U.S. equity markets rallied nearly 200 points higher Friday, reversing

Shar e

five days of losses as traders bought stocks of all stripes following a

0 Com m ents

strong November jobs report.

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At the close, the Dow Jones Industrial Average was up 198.69 points,

Lending Car to a

or 1.26%, to 16020.20, the S&P 500 advanced 20.06 points, or

Relative

1.12%, to 1805.09, and the Nasdaq Composite rose 29.36 points, or


0.73%, to 4062.52.
Wall Street: Rockin

RELATED STORIES
U.S. Econom y Adds 203K
Jobs , Jobles s Rate Falls
to 7%

& Railin

The Dow and S&P 500 fell for the past five sessions -- the longest
losing streak since late September. The losses have been driven by a
string of solid economic data that have ignited concerns that the
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FROM AROUND THE WEB


What's this?

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1/4

12/7/13

Solid Jobs Report Fuels Rally, Ends 5-Day Skid | Fox Business

However, the important jobs report actually sent traders rushing back

Jobs Repor ts

into equities.
The American economy added 203,000 jobs in November, higher
than the 180,000 Wall Street anticipated. The unemployment rate fell
0.3 percentage point to 7%, the lowest level since November 2008,
while economists expected the rate to fall less to 7.2%. The labor
force participation rate, which gauges the proportion of the population

Markets already prepared for Fed


tapering?

employed or seeking employment, rose to 63% from 62.8% in

U.S. Econom y Adds 203K Jobs , Jobles s Rate


Falls to 7%

October.

Week ly Jobles s Claim s Fall

"This weeks data ... add to the sense that the Fed will be itching to
pull the trigger to take the first shot at killing off its huge $85 [billion]
per month asset purchase programme at its December meeting, at
least to fire a warning shot that the time has come to start slowly
bringing about some normalization of policy," Chris Williamson, chief
economist at UK-based Markit wrote in an email. "However, the most
likely outcome still looks like a deferment of any decisions until the
new year."

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Goldman Sachs' economics team agreed, writing to clients that "we


do not think the report was strong enough to prompt the Fed to taper

AT&T INC.

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Dec 6

+0.82%
Dec 6

560.02
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16.70
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15.56
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95.65
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34.53
4:00 PM

asset purchases in December, although a move at the upcoming


meeting remains a possibility."
Perhaps in a sign of Wall Street's sense of calm, traders bid-up 10Year U.S. Treasury bonds on Friday. The yield recently fell from
2.881% to 2.876%.
Adding to the upbeat sentiment was a considerably better-thanexpected report on consumer sentiment. A reading from Thomson
Reuters and the University of Michigan came in at 82.5 in December
from 75.1 in November, handily beating Wall Streets estimate of a
reading of 76. Decembers reading was the highest since July.
"Its now clear in this confidence figure how much of an impact the
goings on in DC had and luckily consumers have shrugged that off, as
they should," Peter Boockvar, chief market strategist at The Lindsey
Group, wrote in an email.
"With also help from an improving labor market and lower gasoline
prices we hope that confidence continues to improve in months to
come but as seen with holiday retail sales so far, consumers still
seem to be keeping spending close to the vest."
Both of these economic reports come as retailers like Wal-Mart
(WMT) and Gap (GPS) deal with what is expected to be a tough
holiday shopping season.

www.foxbusiness.com/markets/2013/12/06/jobs-data-spur-comeback-rally-on-wall-street/

2/4

12/7/13

Solid Jobs Report Fuels Rally, Ends 5-Day Skid | Fox Business

Elsewhere, in commodities, U.S. crude oil futures rose 27 cents to


close at $97.65 a barrel. Wholesale New York Harbor gasoline
climbed 0.64% to $2.73 a gallon. Gold fell $3.90, or 0.32%, to $1,228
a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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Solid Jobs Report Fuels Rally, Ends 5-Day Skid | Fox Business

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4/4

12/7/13

Stocks pop after jobs report - Dec. 6, 2013

Dow soars 200 points on jobs report


By Jesse Solomon @CNNMoneyInvest December 6, 2013: 4:22 PM ET

Click here for more market data.

172

172

TOTAL SHARES

NEW YORK (CNNMoney)

Good news may finally be good news. The Dow Jones Industrial Average surged nearly 200 points Friday, as investors cheered a
better-than expected November jobs report.
The S&P 500 and the Nasdaq also finished the day markedly higher.
Despite snapping a five day losing streak, the Dow and S&P 500 weren't able to edge out wins for the week. The blue chip
indexes had gained the previous eight weeks.
And given how much stocks are up so far in 2013, it's still far from certain whether the market will experience a so-called "Santa
Claus rally," a trend in which the market rises at the end of the year.
On Friday, the Labor Department said the economy added 203,000 jobs in November, higher than the 183,000 estimated by
economists surveyed by CNNMoney.com. The unemployment rate dropped to 7.0% from 7.3%. It was expected to fall to 7.2%.
For months, investors have been sweating the Federal Reserve, trying to calculate when it will scale back, or taper, its massive
$85 billion per month stimulus program. The Fed has said that improvement in the job market was one of the main things it was
looking for before it would start trimming its bond purchases.
Earlier Friday, the bond market seemed to be betting that the Fed may taper sooner rather than later. The yield on the 10-year
Treasury note spiked as high as 2.93% before pulling back to 2.86%. The 10-year yield peaked earlier this year at 2.98% when
investors were last worried that tapering could be imminent.
Bond yields rise when prices fall. So investors may have been selling bonds immediately following the jobs report on
expectations that the Fed is closer to slowing down its monthly Treasury purchases.
Related: Fear & Greed Index continues to show greed

money.cnn.com/2013/12/06/investing/stocks-markets/index.html?iid=HP_LN

1/3

12/7/13

Stocks pop after jobs report - Dec. 6, 2013

But there's no consensus for when the taper will come to fruition.
"US Jobs Stronger than Expected, but not Enough for Fed to Taper," was the title of a morning note from Brown Brothers
Harriman.
"US payrolls strength boosts QE3 taper chances" was another from Capital Economics.

Market up on good news? Pinch me!


The Fed's next policy meeting wraps up on December 18. It is the second-to-last meeting that will be led by Fed chair Ben
Bernanke. He will likely be replaced by current vice chair Janet Yellen, who has been nominated by President Obama to be the
next Fed chair and is merely awaiting approval from the Senate.
Many economic experts and investment strategists believe that Bernanke would prefer to have Yellen be in charge of the Fed's
tapering as opposed to him starting it just before his term expires.
What's moving: Struggling retail giant J.C. Penney ( JCP, Fortune 500) plunged more than 8% after it disclosed Thursday that
the Securities and Exchange Commission has an inquiry about its finances.
Shares tumbled 8% Thursday after hedge fund manager Kyle Bass told Bloomberg that his firm no longer owns the stock. J.C.
Penney's stock had been rallying lately due to purchases from Bass and other hedge funds.
"$JCP great buying opp. love it" said StockTwits trader investinthebest, who's still bullish despite Friday's sell off.
Shares of Ulta Salon ( ULTA), the cosmetics superstore, tanked 20% after the company posted weaker than expected results
and lowed its fourth quarter outlook.
"$ULTA shoosh, there it goes," quipped StockTwits user skipjackrick.
But another StockTwits trader is looking for a buying opportunity.
"$ULTA I'm just about ready to jump in," said NMGold.
Big Lots (

BIG, Fortune 500) fell more than 12% after its earnings came in below analyst expectations.

Related: When will Facebook be added to the S&P 500?

Drug store chain Rite Aid got a 2% bump, and one trader felt the momentum was justified.
"$RAD This is a real stock this company is going to grow and shares are going to grow with it," said Digger1.
Sears Holdings ( SHLD, Fortune 500) shares dropped almost 4% after the retailer officially said Friday it plans to spin off its
Lands' End clothing brand.
Shares of Intel (

INTC, Fortune 500)and career networking site Linkedin (

money.cnn.com/2013/12/06/investing/stocks-markets/index.html?iid=HP_LN

LNKD) bounced after receiving upgrades from


2/3

12/7/13

Stocks pop after jobs report - Dec. 6, 2013

analysts.
European markets finished higher in afternoon trading on the heels of the U.S. jobs report while Asian markets, which closed
before the jobs report was released, ended mixed.

First Published: December 6, 2013: 9:47 AM ET

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3/3

12/9/13

99 stocks hit one-year high as markets hit record peak - The Hindu

Business Markets
Published: December 9, 2013 17:30 IST | Updated: December 9, 2013 17:30 IST

99 stocks hit one-year high as markets hit record peak


PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre.

The Hindu

Tracking the strong momentum in the broader market, as many as 99 stocks touched their oneyear high level on the
BSE on Monday.
Among the stocks that touched their 52 week high were Axis Bank, Biocon, JSW Steel and Larsen & Toubro.
However, 105 scrips hit their respective one-year low level on the exchange. These include stocks like Videocon
Industries and Amar Remedies.
Sensex hit a new record with 4 month high with the BJP win. With BJP winning in three big states, the investors see
India as a great marketplace to invest. BJP being called a more business friendly government, leaves a great
impression on Sensex after the first day opening post results, said Praveen Nigam, MD, Amplus consulting.
Meanwhile, the BSE Sensex ended at a closing high of 21,326.42, a gain of 329.89 points or 1.57 per cent, as the BJP
swept three out of 4 state polls and boosted hopes that a new government in 2014 general elections would be more
business-friendly.
The Sensex rose to a lifetime high of 21,483.74 points, before paring some gains to settle at an all-time closing high of
21,326.42.
Among the 30-Sensex stocks, 26 ended the day in green led by ICICI Bank that rose by 5.16 per cent.
Out of the 13 BSE sectoral indices, 12 made gains where bankex and capital goods stocks were the best performers.
Besdies, following the buoyant market mood, the total investor wealth soared by about Rs 75,000 crore to Rs
68,44,558 crore.
BJP on Sunday handed a severe 4-0 drubbing to Congress in polls in which it snatched Rajasthan and retained
Madhya Pradesh with landslide wins, holding on to power in Chhattisgarh and good show in Delhi ahead of Lok
Sabha polls in 2014.
Keywords: Assembly elections, BJP, Sensex, Business-friendly, Volatile stocks
www.thehindu.com/business/markets/99-stocks-hit-oneyear-high-as-markets-hit-record-peak/article5440327.ece?css=print

1/2

12/16/13

Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$110.47

1.64

1.48%

2013.12.16 end-of-day

WTI Crude Oil

$97.48

0.88

0.90%

2013.12.16 end-of-day

Commodities
Crud e Oil

97.48

+0.90%

Na tura l G a s

4.28

-1.68%

G a soline

2.64

+0.54%

He a ting Oil

2.99

+0.48%

G old

1245.50

+0.79%

Silve r

20.05

+2.44%

Cop p e r

3.38

+0.71%

2013.12.16 end-of-day

Add to your site

Crude Oil Price by OIL-PRICE.NET

Price

Change

2013.12.16 - $ 97.48

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1 Year Forecast

$112 / Barrel

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12/16/13

Bulls Charge Wall Street on Strong Data | Fox Business


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The Dow Jones Industrial Average jumped 129 points, or 0.82%, to
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15885, the S&P 500 gained 11.2 points, or 0.63%, to 1787 and the

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Nasdaq Composite advanced 28.5 points, or 0.71%, to 4030.


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The gains were wide on Wall Street on Monday. Every major sector
was in the green, led by telecommunications, utilities, energy and
AIG to Exit Aircraft

health care. Every Dow component was also higher in recent trading.

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Numerous traders cautioned that the gains come in relatively light


volume ahead of Christmas.
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The broad S&P 500 has fallen for two-straight weeks as worries

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purchases have spooked Wall Street. This week, the Street will get its
answer -- at least to some extent -- when the Federal Open Market
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12/16/13

Bulls Charge Wall Street on Strong Data | Fox Business


Jobs Reports

Economists, broadly speaking, are still not expecting the central bank
to begin tapering QE3 until next year -- but the chances have been
ratcheted up by stronger-than-expected economic data.
The Federal Reserve said U.S. industrial production jumped 1.1% in
November from the month before, widely exceeding expectations of a
gain of 0.6%.

Weekly jobless claims and Nov.


retail sales data
U.S Im port Prices Fall in Novem ber

"Overall, the industrial production report was better than expected and

U.S. Econom y Adds 203K Jobs, Jobless Rate


Falls to 7%

consistent with stronger manufacturing activity in the month of


November," economists at Goldman Sachs told clients.

MOST POPULAR STOCKS

A closely watched report from HSBC showed expansion in China's


manufacturing sector cooling down slightly to a three-month low in
December. HSBC's PMI gauge fell to 50.5 from 50.8 the month
before.
"The data suggest the weakening of growth momentum which he
expects to persist through the first half of 2014," economists at
Nomura wrote to clients on the back of the report.
The New York Federal Reserves measure of manufacturing activity in

AAPL

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the region grew to 0.98 in December from -2.21 the month prior,
considerably less than the 4.75 growth expected. Readings above 0
point to expansion, while those below indicate contraction. Later this
week, there are reports due out on the housing sector and inflation.
In commodities, U.S. crude oil futures climbed 75 cents, or 0.77%, to
$97.34 a barrel. Wholesale New York Harbor gasoline rallied 1.8% to
$2.675 a gallon. Gold rose $1.60, or 0.13%, to $1,236 a troy ounce.
On the corporate front, American International Group (AIG) said it
is selling its plane leasing business, International Lease Finance, in a
deal valued at about $5.4 billion.
Follow Adam Samson on Twitter @adamsamson.
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Bulls Charge Wall Street on Strong Data | Fox Business

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3/3

12/16/13

Dow jumps 130 points - Dec. 16, 2013

Dow jumps 130 points


By Hibah Yousuf @CNNMoneyInvest December 16, 2013: 4:24 PM ET

Click the chart for more stock market data.

162

162

TOTAL SHARES

NEW YORK (CNNMoney)

Will they or won't they? With the Federal Reserve's final meeting of the year wrapping up on Wednesday, investors are waiting
to see if the central bank will begin to cut back, or taper, its massive stimulus program.
But they didn't seem too worried Monday. The Dow jumped about 130 points, or almost 1%, while the S&P 500 and Nasdaq also
rose sharply.
The gains were broad-based, with 27 out of 30 Dow members ending higher, and more than 80% of the S&P 500 booking gains.
The Fed's bond buying has supported stock markets around the world, and more investors believe the Fed will move sooner
rather than later as economic data continue to improve.
"[A] growing minority now believe that the Federal Reserve could start to taper at this week's meeting," said Kathleen Brooks, a
research director at Forex.com, adding that only a few weeks ago, most on Wall Street were expecting the Fed to announce
tapering in the early part of 2014. By that time, Janet Yellen will be leading the Fed, succeeding Ben Bernanke, whose term
expires at the end of January.
The Fed has been pumping trillions into the economy since December 2008. It's been injecting $85 billion per month since
September 2012 through its third round of bond purchases, a program known as quantitative easing.
Related: Markets are ready for the Fed

In corporate news, AIG ( AIG, Fortune 500) rose after the insurer reached an agreement to sell its airline leasing business to
AerCap Holdings ( AER) for $5.4 billion. AerCap surged on the news as well.

money.cnn.com/2013/12/16/investing/stocks-markets/index.html?iid=HP_LN

1/3

12/16/13

Dow jumps 130 points - Dec. 16, 2013

AIG continues its amazing comeback


Shares of Sprint ( S, Fortune 500) fell 3% despite a report from The Wall Street Journal that it was working on a deal to acquire TMobile ( TMUS). Shares of T-Mobile tumbled more than 4.5%. Both stocks surged in late trading Friday when the WSJ report
first was published.
Google (

GOOG, Fortune 500) agreed to buy Boston Dynamics, a builder of military robots.

Herbalife ( HLF) shares spiked after the nutritional supplements company announced that the re-audit of its financial
statements from 2010 through 2012 by PriceWaterhouseCoopers was completed without any major changes. Earlier this year,
KPMG resigned as Herbalife's auditor after learning that one of its senior partners had leaked non-public information to a third
party who had traded on the information.
Carl Icahn, who began investing in Herbalife a year ago shortly after rival activist investor Bill Ackman announced his big short
position in the company, said he is happy about the results of the latest accounting review during a phone interview on CNBC.
The billionaire investor also said he continues to think Herbalife is undervalued.
Social investing site StockTwits was abuzz with chatter about Twitter ( TWTR), as shares declined 4% following two
downgrades from Wall Street analysts. The slide brought out the bears on Twitter, which has been rallying for the past three
weeks.
"$TWTR - like I said right after the IPO, I'll buy some at around $4," said ChuziChips. "That's the only price that makes sense.
Bearish."
Plauze2001 predicted that Twitter will have a tough week: "Mid 40 by end of week. Bearish $TWTR."
But others defended Twitter, arguing that it's still a good long-term bet.
"$TWTR Yes just because its going down today does not mean it will not double in the future this is still long term stock to
keep," said QuickCASH.
Exxon Mobil ( XOM, Fortune 500) and IBM ( IBM, Fortune 500) were also popular topics among traders, as each stock
climbed more than 2% and helped lead the gains on the Dow.
"Exxon is the new "it" stock," said TraceyRyniec. "Earnings expected to decline 8% this year but grow 7% next year. $XOM (I
own it.)."
Another trader speculated that IBM may be on the rise as investors step into to buy it at its lows. IBM is the biggest loser in the
Dow so far this year.
"$IBM up because funds buying on low PE, 52 week low and 2%+ div," said YamaYuki. "Nothing more nothing less."
Shares of Boeing ( BA, Fortune 500) rose nearly 2% in extended trading after the aerospace giant announced a 50% dividend
increase and $10 billion stock buyback program. Boeing, which got off to a rough start of the year due to concerns about fires
with lithium-ion battery in its new 787 "Dreamliner" jets, has fully recovered from those problems and is now the bestmoney.cnn.com/2013/12/16/investing/stocks-markets/index.html?iid=HP_LN

2/3

12/16/13

Dow jumps 130 points - Dec. 16, 2013

performing Dow stock of 2013.


Related: Fear & Greed Index shows Fear

European markets closed sharply higher, with Germany's benchmark Dax index up almost 2%. Asian markets ended with losses.
Japan's Nikkei slumped by 1.6% as the yen strengthened, hitting companies that depend on exports.

First Published: December 16, 2013: 9:50 AM ET

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3/3

12/18/13

Sensex soars 248 points on RBI move - The Hindu

Business Markets
Published: December 18, 2013 16:35 IST | Updated: December 18, 2013 16:32 IST

Sensex soars 248 points on RBI move


PTI

The stock markets on Wednesday cheered Reserve Bank of India Governor Raghuram Rajans unexpected decision to
maintain a status quo on interest rates with benchmark Sensex rising for the first time in 7 days and ending nearly
248 points higher on the back of heavy buying in banking, realty and auto shares.
Overall, nearly 1,500 stocks, or 6 out of every 10 traded on BSE rose, helping investor wealth rise by Rs 85000 crore.
The BSE Sensex rose by 247.72 points, or 1.20 per cent, to 20,859.86. Also, the broad-based NSE index Nifty shot up
by 78.10 points, or 1.27 per cent, to end at 6,217.15.
RIL, HDFC and L&T lifted the 30-share Sensex where Tata Power and BHEL were among best performers in the 27
that rose.
The RBI in its mid-quarter policy review kept the repo rate on hold at 7.75 per cent against the market expectation of
0.25 per cent hike. The cash reserve ratio was also kept unchanged at 4 per cent.
After wholesale and retail inflation data came on the higher side, fears of a repo rate hike dragged down Sensex by
over 714 points in previous six sessions after hitting life-time high on December 9.
RBIs decision to hold rates and the mention to announce off-policy action if need be, suggests RBI buying time
ahead of Feds impending decision on QE tapering, said Dhananjay Sinha, Head, Institutional Research, Emkay
Global Financial.
The most interest-sensitive Realty sector index gained the most by rising 3.51 per cent. Besides, the Capital Goods
sector was second best performer (2.61 per cent), followed by Oil and Gas index (2.15 per cent), Banking index (1.40
per cent) and Auto index (1.73 per cent).
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
Printable version | Dec 19, 2013 12:20:44 AM | http://www.thehindu.com/business/markets/sensex-soars-248points-on-rbi-move/article5473199.ece
The Hindu

www.thehindu.com/business/markets/sensex-soars-248-points-on-rbi-move/article5473199.ece?css=print

1/1

12/18/13

Wall Street Surges as Fed Maintains Accommodative Stance | Fox Business


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The Dow Jones Industrial Average (DJI) jumped 293 points, or 1.8%,

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to Near Record High

program.
The Federal Open Market Committee said it will cut its bond
purchases by $10 billion per month, to $75 billion, while Wall Street
economists broadly expected the central bank to hold steady.

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12/18/13

Wall Street Surges as Fed Maintains Accommodative Stance | Fox Business

The Feds policy-setting committee also tweaked its so-called

Jobs Reports

forward guidance to say it expects to maintain interest rates at historic


lows well past the time when the unemployment rate falls below its
target of 6.5%. The central bank also said members of the FOMC
lowered their view on where the unemployment rate will land over the
next few years. FOMC members now see the unemployment rate
ranging from 6.3% to 6.6% in 2014, compared to a September

Weekly jobless claims and Nov.


retail sales data

estimate of 6.4% to 6.8%.


U.S Im port Prices Fall in Novem ber
U.S. Econom y Adds 203K Jobs, Jobless Rate
Falls to 7%

Elsewhere on the economic docket was a wrath of data on the new


housing market.

MOST POPULAR STOCKS

The Commerce Department reported housing starts surged 22.7% in


November, the biggest increase since January 1990, to an annual
rate of 1.09 million units, well above Wall Street's expectations of an
increase to 950,000 units. Housing permits fell 3.1% to an annualized
rate 1 million units, versus expectations of 990,000 units.
In corporate news, FedEx (FDX) shares came under pressure after
the shipping giant posted weaker-than-expected quarterly results.
CVS Caremark (CVS) boosted its dividend 22% and also revealed a
full-year profit view that was within the range Wall Street anticipated.

-6.29%

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-0.76%

550.77

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+1.41%

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15.65

27.41
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55.57
4:00 PM

99.54
4:00 PM

In commodities, U.S. crude oil futures climbed 9 cents, or 0.09%, to


$97.31 a barrel. Wholesale New York Harbor gasoline rose 0.59% to
$2.665 a gallon. Gold advanced $1.70, or 0.14%, to $1,232 a troy
ounce.
Follow Adam Samson on Twitter @adamsamson.
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12/18/13

Wall Street Surges as Fed Maintains Accommodative Stance | Fox Business


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3/3

12/20/13

Sensex surges 371 points, crosses 21,000 mark - The Hindu

Business Markets
Published: December 20, 2013 16:54 IST | Updated: December 20, 2013 17:18 IST

Sensex surges 371 points, crosses 21,000 mark


PTI

Shrugging off fears linked to a trimmed U.S. stimulus, the Sensex on Friday shot up by 371.10 points its best gain
in nearly a month on account of smart jump in RIL on government nod for higher gas prices and good buying in
bluechips from banking, IT and auto sectors.

PTI

Overall on the BSE, 1,522 stocks or about six out of every ten traded closed in the green, helping investor wealth
surge by Rs.1 lakh crore in the session. Oil & gas and realty led 12 out of the 13 sectoral indices higher.
The benchmark Sensex, which had lost 151 points in the previous session, surged by 371.10 points, or 1.79 per cent to
end at 21,079.72. This is the best gain since the index rose by 387.69 points on November 25. For the week, the
Sensex rose by 364.14 points, the best gain in three.
Reliance Industries led the rally in refinery sector by surging 4.58 per cent after the Cabinet decided to allow the
energy major to double the price of natural gas from April.
ONGC also spurted 3.93 per cent. HDFC, ICICI Bank, TCS, M&M and HUL were among the 27 winners in 30-share
Sensex.
The broad-based National Stock Exchange index Nifty shot up by 107.6 points, or 1.74 per cent, to 6,274.25. Also, the
SX40 index of MCX Stock Exchange jumped by 189.01 points to end at 12,525.54.
Brokers said the domestic stocks markets were buoyed by the RBI decision to hold rates and marginal amount of
taper announced by the U.S. Fed. Positive foreign flows after the announcement also supported sentiments, they
added.
Sugar sector stocks were back in demand after the government decided to provide interest free loan to cash-starved
sugar millers to pay sugarcane farmers. Shakti Sugar shot up by 7.84 per cent, Dhampur Sugar by 1.97 per cent and
Shree Renuka by 1.01 per cent were among major gainers.
www.thehindu.com/business/markets/sensex-surges-371-points-crosses-21000-mark/article5482972.ece?css=print

1/2

12/20/13

Sensex surges 371 points, crosses 21,000 mark - The Hindu

Across the market, 14 stocks in Group A, including Infosys, JSW Steel, Lupin, Maruti and Wipro, hit 1-year highs.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets
Printable version | Dec 20, 2013 9:58:16 PM | http://www.thehindu.com/business/markets/sensex-surges-371points-crosses-21000-mark/article5482972.ece
The Hindu

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The Dow Jones Industrial Average climbed 42.00 points, or 0.26%, to

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Your Family With It

16221.08, the S&P 500 gained 8.92 points, or 0.49%, to 1818.52


Em ail

and the Nasdaq Composite climbed 46.61 points, or 1.15%, to


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4104.74.

Holiday Shopping: a

0 Com m ents

Predictor of Next
Year's Interest

For the week, the Dow surged 466 points, or 2.96%, its best weekly

Rates?

percentage gain since mid-September. The Nasdaq advanced


2.59%, while the S&P 500's 2.42% rally was its strongest since mid-

Stock Futures Climb

October.

as Fed Policy

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After two weeks of selling on concerns about whether the Fed will
TXT

37.29

TEXTRON...

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BBRY
BLACKBERRY L...

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7.22
+0.97

pare back its vast bond-buying program, Wall Street finally found a
reprieve this week. Ironically, it was the unveiling of the central bank's
plans -- which was seen by most Wall Street analysts at a continuation
of its dovish policies -- that caused this week's jump.

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Wall Street Jumps in First Weekly Win in Three | Fox Business

JNY

14.87

JONES APPARE...

+0.74

The Dow ended the week with its 47th record closing high of this year

Jobs Reports

alone.
The economic docket was fairly light Friday.
The Commerce Department said the U.S. economy grew at an annual
pace of 4.1% in the third quarter, the biggest rise since the fourth
quarter of 2011, revised sharply higher than a previous estimate of

Weekly jobless claims jump to


379,000
Weekly Jobless Claim s Rise to Nine-Month High

3.6%. Economists expected no change to the GDP reading.

U.S Im port Prices Fall in Novem ber

On the corporate front, BlackBerry (BBRY) posted a substantially


MOST POPULAR STOCKS

wider-than-expected quarterly loss, and revealed a deal with


manufacturing giant Foxconn to make cheaper devices. Jones
Group (JNY) shares surged after the apparel maker said it's being
bought by Sycamore Partners. Cessna parent Textron (TXT)
reportedly crafted a deal to acquire luxury plane maker Beechcraft for
nearly $1.4 billion.
In commodities, U.S. crude oil futures climbed 28 cents, or 0.28%, to
$99.32 a barrel. Wholesale New York Harbor gasoline rallied 1.6% to
$2.783 a gallon. Gold climbed $10.10, or 0.85%, to $1,204 a troy
ounce.

FB

+0.13%

FACEBOOK INC.

Today

55.12
4:00 PM

+0.78%

FORD MOTOR CO...

Today

4:02 PM

AAPL

+0.84%

549.02

APPLE INC.

Today

4:00 PM

GE

+0.15%

GENERAL ELECT...

Today

XOM

-0.75%

EXXONMOBIL CO...

Today

15.42

27.36
4:00 PM

98.68
4:00 PM

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the back of strong data on the U.S. consumer sector.

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The Dow Jones Industrial Average (DJI) climbed 73.5 points, or

Jos. A. Bank

0.45%, to 16294, the S&P 500 (GSPC) advanced 9.7 points, or

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Wall Street is starting to close out what has been a blockbuster year.

Tops Industry's

The has rallied 24.4%, while the broader S&P 500 has spiked 28.2%

2014 Wish List

as of Monday's close. With no more full trading weeks left this year,
many analysts are expecting fairly light action through January.
Stock Futures Climb
Ahead of Consumer

Still, there were two key economic reports on the docket. The

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Data

Commerce Department said consumer spending climbed 0.5% in


TIF

90.50

TIFFANY...

-0.12

AAPL

570.09

APPLE INC....

+21.07

November from the month prior, matching economists expectations.


Meanwhile, personal income edged up by 0.2% on the same basis,
shy of estimates of a 0.5% gain.

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Wall Street Adds to '13 Gains on Consumer Data | Fox Business

A reading on consumer sentiment from Thomson Reuters and the

Jobs Reports

University of Michigan came in at 82.5 in late December, matching an


earlier reading, but shy of expectations of a slight increase to 83. Still,
it was the highest reading on a final basis since July.
Both of these reports capture the state of the American consumer
during the key holiday-shopping season.

Weekly jobless claims jump to


379,000
Weekly Jobless Claim s Rise to Nine-Month High

On the corporate front, Apple (AAPL) signed a long-awaited deal

U.S Im port Prices Fall in Novem ber

with China Mobile to sell iPhone's on the world's biggest mobile


carrier. Analysts at Cantor Fitzgerald reckon the technology titan could
sell as many as 24 million phones through the carrier next year.
A Swiss court ordered Tiffany (TIF) to pay Swatch close to $450
million over a failed watch-making alliance.

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FB

+4.81%

FACEBOOK INC.

Today

4:00 PM

AAPL

+3.84%

570.09

APPLE INC.

Today

4:00 PM

In commodities, U.S. crude oil futures climbed 97 cents, or 0.99%, to

-1.75%

$98.77 a barrel. Wholesale New York Harbor gasoline dipped 0.29%

FORD MOTOR CO...

Today

to $2.775 a gallon. Gold dipped $3.70, or 0.31%, to $1,200 a troy

GE

+0.15%

GENERAL ELECT...

Today

ounce.
Follow Adam Samson on Twitter @adamsamson.

XOM

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Wall Street Adds to '13 Gains on Consumer Data | Fox Business


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Santa Claus rally fuels new records for stocks - Dec. 23, 2013

Santa Claus rally fuels new records for stocks


By Hibah Yousuf @CNNMoneyInvest December 23, 2013: 4:37 PM ET

Click the chart for more stock market data.

49

49

TOTAL SHARES

NEW YORK (CNNMoney)

There's no holding back the Santa Claus rally.


The Dow and S&P 500 climbed 0.5% to new records Monday, while the Nasdaq jumped more than 1% to a fresh 13-year
high.
Investors were feeling increasingly confident after the head of the International Monetary Fund, Christine Lagarde, said her
organization was much more upbeat about the U.S. economic recovery.
"We see a lot more certainty for 2014," Lagarde said in an interview Sunday on NBC. She said the IMF would raise its
forecast for the U.S. economy, in part because Congress had passed a budget and the Federal Reserve decided to begin
reducing monetary stimulus based on the improving U.S. job market.
Related: Apple inks China Mobile deal

The day's gains build upon a strong performance last week. All three indexes jumped between 2% and 3% last week,
thanks to a huge Federal Reserve taper-inspired rally and a stronger-than-expected reading on U.S. economic growth
during the third quarter.
While a so-called Santa Claus rally may continue to fuel stocks into record territory, trading volume is expected to remain
light due to the holiday-shortened week. The market is only open for a half-day trading on Tuesday (Christmas Eve) and is
closed on Wednesday for Christmas.
Related: Fear & Greed Index stuck in neutral

What's moving: The market got a boost from Apple ( AAPL, Fortune 500)'s stock, which surged almost 4%, after the
company announced it had inked a deal with China Mobil, the world's largest carrier with about 700 million subscribers.

money.cnn.com/2013/12/23/investing/stocks-markets/index.html?iid=HP_LN

1/3

12/23/13

Santa Claus rally fuels new records for stocks - Dec. 23, 2013

Apple is No. 1 or No. 2 in almost all other countries where it sells the iPhone, but has lagged behind its competitors in China.
Most traders on StockTwits seemed to like the deal.
"Deal with China Mobile is official signal that $AAPL will finally go above $1000/ share," predicted GoldenParachute.
And StockTwits user StrayTrader said, "$AAPL no matter how you slice it, this thing goes higher from here.
But a few traders worried that the China Mobil deal won't be enough to sustain Apple's stock rally.
"I dont see 100,000,000 iPhones sold next quarter even with ChinaMobile," said RealFanboy101. "Stagnant. Bearish."
AllEyesOnEd said he needs "to see some expansion into Central African Republic before I believe in this $AAPL pop."
Shares of Apple rival BlackBerry ( BBRY ) also continued to surge. On Friday, shares of Blackberry jumped 15% as
investors dismissed the company's huge loss and cheered interim CEO John Chen and a new partnership with Foxconn.
Shares gained another 3.6% on Monday.
"$BBRY John Chen is a fast mover," said TranscendAsset. "Good for the business."
TruthTrader said institutional investors like fund managers know there is more room for BlackBerry to run.
"People want more choices than Apple and Samsung," she added.

2013 was great for stocks. Now what?


That market also got a lift from social media company Facebook ( FB, Fortune 500), which debuted as part of the S&P
500. Shares rose almost 5% as investors added the stock to their index funds.
Shares of retailers Men's Warehouse (
offer from Men's Warehouse.

MW) and Jos. A. Bank (

JOSB) fell. Jos. A Bank rejected last month's buyout

Related: Countdown to Obamacare deadlines

In international markets, China has been grabbing the headlines as investors continue to worry about a cash crunch.
However, the Chinese central bank said it had pumped liquidity into the system, leading Asian stock markets to notch up
modest gains Monday.
The main European markets closed sharply higher. The Tokyo Stock Exchange was closed for a holiday.

First Published: December 23, 2013: 9:53 AM ET

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Santa Claus rally fuels new records for stocks - Dec. 23, 2013

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Wall Street Edges Higher in Shortened Session | Fox Business


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By Anora Mahmudova / Pub lished Decemb er 24, 2013 / Dow Jones Newswires

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report on durable-goods orders.

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Share

the Worst Customer


Loyalty

In a holiday-shortened session, the Dow (DJI) recorded its 49th


record close this year after rising for five consecutive days. The bluechip average rose 62.94 points, or 0.4%, to 16,357.55. The S&P 500

Stock Futures

(SPX) also reached a record level after three consecutive days of

Extend Climb on

gains. The benchmark index closed 5.33 points higher, or 0.3%, to

Upbeat Consumer
Data

1,833.32.
The technology-heavy Nasdaq Composite (RIXF) closed up 6.51

Wall Street Rises as

points, or 0.2%, at 4,155.42, its highest level since September 2000.

Consumer Spending
Climbs

The market closed early at 1 p.m. Eastern and will be closed on


Wednesday for Christmas.
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Can Expect to Pay in

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2014

after upbeat consumer-spending data added to the perception that


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1/4

12/24/13

Wall Street Edges Higher in Shortened Session | Fox Business

Investors welcomed Tuesday's durable-goods report showing that

Jobs Reports

orders for big-ticket U.S. items, such as aircraft and transportation


equipment, rose 3.5% last month. Economists surveyed by
MarketWatch had expected durable-goods orders to rise 2%.
In a separate report, U.S. home prices rose 8.2% in October from the
same month last year, according to the Federal Housing Finance

Weekly jobless claims jump to


379,000

Agency. Prices rose 0.5% from September.


Weekly Jobless Claim s Rise to Nine-Month High
U.S Im port Prices Fall in Novem ber

Rising mortgage rates did not affect the sales of new single-family
homes much, according to U.S. Commerce Department data
released on Tuesday. Sales declined 2.1% in November to a
seasonally adjusted annual rate of 464,000, down from a rate of
474,000 in October, which was the fastest pace since July 2008.
"Historically, the month of December is usually stronger for stocks and
we see it this year," said Joe Bell, senior equity analyst at Schaeffer's
Investment. "It looks like markets have rewarded clarity about the
economy with some buying, after the Federal Reserve announced
tapering of its stimulus last week and Congress reached a budget
deal."

MOST POPULAR STOCKS

FB

+0.33%

FACEBOOK INC.

Today

1:00 PM

AAPL

-0.42%

567.67

APPLE INC.

Today

1:00 PM

XOM

+0.72%

EXXONMOBIL CO...

Today

+0.26%

FORD MOTOR CO...

Today

GE

+0.77%

GENERAL ELECT...

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57.96

99.22
1:00 PM

15.19
1:01 PM

27.61
1:00 PM

Shares in Twitter Inc. (TWTR) jumped 8.4% on Tuesday, adding to


their 7.6% gain from the previous day. Wunderlich Securities Analyst
Blake Harper wrote about Twitter on Tuesday: "While the company is
growing revenues faster than its fastest growing peers and we do
recognize the potential for the company to capture larger portions of
the mobile and TV advertising market, it appears valuation metrics
are irrelevant and that investors are betting aggressively on Twitter
being the next great media-technology platform."
Shares of CalAmp Corp. (CAMP) dropped 7% after the company's
outlook for the current quarter fell short of Wall Street estimates.
Shares of Supernus Pharmaceuticals Inc. (SUPN) rallied 13% after a
drug on which the firm collaborated received Food and Drug
Administration approval.
Tesla Motors Inc. (TSLA) shares rose 5.4% after the National
Highway Traffic Safety Administration reaffirmed the car maker's fivestar rating. "We see a series of positive catalysts over the next
several months that could lead to renewed confidence in the
company's earnings trajectory," said Deutsche Bank Analyst Dan
Galves. In particular, he cited the favorable resolution to the probe,
strong orders out of China, and increased visibility of accelerating
production.

www.foxbusiness.com/markets/2013/12/24/stock-futures-steady-ahead-durable-goods-data/

2/4

12/24/13

Wall Street Edges Higher in Shortened Session | Fox Business

Japanese shares closed at a six-year high, while most other markets


in Asia also ended higher. European stocks rose in thin trade, with
several indexes closed in recognition of Christmas Eve. Gold prices
gained. The U.S. dollar inched higher.
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4/4

12/26/13

Sensex rises nearly 42 points amid expiry of monthly derivatives - The Hindu

Business Markets
Published: December 26, 2013 16:41 IST | Updated: December 26, 2013 16:41 IST

Sensex rises nearly 42 points amid expiry of monthly derivatives


PTI

Midcap and smallcaps continued to outperform bluechip indices on the back retail investor interest, said traders. File photo: Vivek Bendre

The Hindu

The BSE benchmark Sensex on Thursday inched up by nearly 42 points on buying in HDFC Bank, Infosys and Tata
Power, amid expiry of monthly equity derivatives.
Midcap and smallcaps continued to outperform bluechip indices on the back retail investor interest, said traders.
The Sensex, which had lost 68.32 points in the previous session, recovered by 41.88 points, or 0.20 per cent, to end at
21,074.59, after touching the days high of 21,135.85.
In the 30-share Sensex, 14 stocks gained and 15 declined, while ICICI Bank shares remained unchanged in percentage
term.
On similar lines, the broad-based National Stock Exchange index Nifty rose by 10.50 points, or 0.17 per cent, to
6,278.90 led by power, consumer durables and banking scrips.
SX40 index of MCX Stock Exchange rose 23.10 points to end at 12,533.26.
Brokers said funds were seen covering their pending long positions on the last settlement in monthly equity
derivatives segment of calendar year 2013.
The absence of foreign funds from the market due to year-end holidays affected trading volumes, they added.
Power-related stocks, led by Tata Power that shot up by 4.06 per cent, saw heavy buying. Reliance Power (1.40 per
cent) and BHEL (1.33 per cent) were among notable winners.
Sectorally, the BSE Power sector index gained the most by rising 1.06 per cent, followed by Consumer Durable index
(0.88 per cent), Banking index (0.53 per cent) and Metal index (0.50 per cent), among others.
The BSE Midcap and Smallcap indices went up by 0.41 and 1.15 per cent respectively.
Sugar stocks rose after government on Thursday okayed modalities for the beleaguered industry to avail interest-free
loans to the tune of Rs. 6,600 crore from banks for effecting timely payment to cane growers.
Keywords: BSE, Sensex, NSE, Nifty, Indian stock markets
www.thehindu.com/business/markets/sensex-rises-nearly-42-points-amid-expiry-of-monthly-derivatives/article5504309.ece?css=print

1/2

12/26/13

Sensex rises nearly 42 points amid expiry of monthly derivatives - The Hindu

Printable version | Dec 27, 2013 1:40:34 AM | http://www.thehindu.com/business/markets/sensex-rises-nearly-42points-amid-expiry-of-monthly-derivatives/article5504309.ece


The Hindu

www.thehindu.com/business/markets/sensex-rises-nearly-42-points-amid-expiry-of-monthly-derivatives/article5504309.ece?css=print

2/2

12/26/13

Dow Leaps to Fresh High as Traders Cheer Data | Fox Business


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By Adam Samson / Pub lished Decemb er 26, 2013 / FOXBusiness

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week prior. Indeed, it was the biggest drop since November 2012.
Still, economists at Goldman Sachs, among other investment banks,
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www.foxbusiness.com/markets/2013/12/26/dow-leaps-to-fresh-high-as-traders-cheer-data/

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12/26/13

Dow Leaps to Fresh High as Traders Cheer Data | Fox Business

"The Labor Department again noted that seasonal adjustment of

Jobs Reports

jobless claims is difficult around the holidays," Goldman cautioned in


an email to clients.
On the corporate front, UPS (UPS) said it missed some air
shipments ahead of Christmas as a result of an unexpectedly steep
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offer affected customers $20 gift cards.


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technology snafu that affected the process of re-balancing customer
accounts, according to a person familiar with the matter. BlackBerry
(BBRY) co-founder Mike Lazaridis cut his stake in the embattled
smartphone maker and ditched his buyout plans.
In commodities, U.S. crude oil futures climbed 21 cents, or 0.22%, to
$99.45 a barrel. Wholesale New York Harbor gasoline rose 0.56% to
$2.831 a gallon. Gold advanced $8, or 0.66%, to $1,211 a troy
ounce.

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3/3

12/27/13

Sensex rises 119 points, IT, banking stocks shine - The Hindu

Business Markets
Published: December 27, 2013 16:54 IST | Updated: December 27, 2013 17:12 IST

Sensex rises 119 points, IT, banking stocks shine


PTI

Gains in IT pack TCS, Infosys and Wipro contributed over 71 points in the Sensexs 119-point rise, as the benchmark index closed
at 21,193.58.

Tracking overnight gains on Wall Street, the benchmark Sensex on Friday jumped by 119 points to nearly three-week
high levels on the back of gains in IT and banking shares amid heavy capital inflows.
After rising 41.88 points in the previous session, the Sensex spurted by 118.99 points, or 0.56 per cent, to end at
21,193.58, a level last seen on December 10. Eighteen constituents of the 30-share index rose.
Gains in IT pack TCS, Infosys and Wipro contributed over 71 points in the Sensexs 119-point rise. Bets on
software exporters rose after a decline in US jobless claims data cemented hopes of a turnaround in the American
economy.
Bluechips in the financial space including HDFC, ICICI Bank and SBI also saw good buying. Others like ITC, HUL,
L&T, Sun Pharma and Sesa Sterlite also ended in the green.
Brokers said that investors were seen in the mood of portfolio building in the ensuing year after the monthly equity
derivatives for December 2013 expired on Thursday.
On a weekly basis, the Sensex rose by 113.86 points.
The broadbased National Stock Exchange index Nifty rose by 34.90 points, or 0.56 per cent, to 6,313.80 after
touching the days high of 6,324.90. Also, SX40 of MCX Stock Exchange firmed up by 61.33 points to end at
12,594.59.
FIIs pumped over Rs 743 crore on Thursday in cash market.
Mirroring the rise in local stocks, the rupee was trading strong at 61.8 versus dollar compared to last close of 62.16.
www.thehindu.com/business/markets/sensex-rises-119-points-it-banking-stocks-shine/article5508317.ece?homepage=true&css=print

1/2

12/27/13

Sensex rises 119 points, IT, banking stocks shine - The Hindu

On Thursday, the Dow Jones Industrial Average surged 122.33 points, or 0.75 per cent to close at 16,480. The S&P
500 made its 44th record close for this year after adding 8.7 points.
Sectorally, the BSE IT sector index gained the most by rising 1.71 per cent, followed by Healthcare index (0.68 per
cent), FMCG index (0.58 per cent), and Banking index (0.52 per cent).
Keywords: BSE, Sensex, NSE, Nifty, Indian stock markets, closing trade
Printable version | Dec 27, 2013 7:28:40 PM | http://www.thehindu.com/business/markets/sensex-rises-119-pointsit-banking-stocks-shine/article5508317.ece
The Hindu

www.thehindu.com/business/markets/sensex-rises-119-points-it-banking-stocks-shine/article5508317.ece?homepage=true&css=print

2/2

12/30/13

Snoozing Bulls: Dow Ticks Up in Quiet Trading Day | Fox Business


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1/3

12/30/13

Snoozing Bulls: Dow Ticks Up in Quiet Trading Day | Fox Business

The gains haven't been limited to the U.S. -- the Japanese Nikkei 225

Jobs Reports

closed out its best year since 1972 on the day. Those gains have also
been driven by a powerful monetary and fiscal policy.
The data docket was fairly light Monday. The National Association of
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Snoozing Bulls: Dow Ticks Up in Quiet Trading Day | Fox Business

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3/3

12/31/13

Sensex up 28 points - The Hindu

Business Markets
Published: December 31, 2013 10:02 IST | Updated: December 31, 2013 17:04 IST

Sensex up 28 points
PTI
The BSE bluechip index ended 2013 with a nearly 9 per cent gain during a year in which investor confidence recovered.

The Sensex on Tuesday inched up by nearly 28 points to end at 21,170.68 in the last trading session of the year, which
saw the benchmark notching up its second annual rise in a row.
Selective buying amid a firming global trend helped the BSE bluechip index end 2013 with nearly 9 per cent gain
during a year where investor confidence recovered. In 2012, the Sensex had jumped nearly 26 per cent.
After a better start today, the 30share closed higher by 27.67 points, or 0.13 per cent, at 21,170.68 led by stocks of
power, refinery and healthcare sectors.
RIL, TCS and L&T helped lift Sensex. Tata Power and Wipro were among the biggest gainers in 17 constituents that
rose.
Across market, investors were richer by over Rs 1 lakh crore with market capitalisation ending at Rs 70.4 lakh crore.
The broadbased National Stock Exchange index Nifty rose by 12.90 points, or 0.21 per cent, to end at 6,304, after
touching the days high of 6,317.30. For the full year, Nifty gained 6.75 per cent.
Also, SX40 index of MCX Stock Exchange ended 29.99 points higher at 12,582.69.
Brokers said while trading was lacklustre, the market remained in positive terrain as investors picked fundamentally
strong stocks.
Sentiment improved further on a firming trend in the Asian region and higher opening in Europe before American
consumer confidence and housing data, they added.
Sectorally, the BSE Power sector index gained the most by 0.60 per cent, followed by Oil & Gas index (0.52 per cent),
Healthcare index (0.21 per cent) and Capital Goods index ( 0.21 per cent).
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, clsoing
trade
Printable version | Dec 31, 2013 9:19:14 PM | http://www.thehindu.com/business/markets/sensex-up-28points/article5522083.ece
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5 Gloom-and-Doomy

record highs as the Fed kept the easy money flowing, corporate

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profits swelled and U.S. and eurozone political tensions cooled.

of 2013

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According to preliminary calculations, the Dow Jones Industrial

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Average climbed 72.6 points, or 0.44%, to 16577, the S&P 500


gained 7.3 points, or 0.4%, to 1848 and the Nasdaq Composite
advanced 22.4 points, or 0.54%, to 4177.

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For the year, the Dow spiked 26.5%, the S&P 500 soared 29.6% and
the Nasdaq surged 38%.
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record.

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Looking at the major sectors, consumer discretionary, health-care


industrial and financial stocks fared the best -- zooming higher by
more than 35%. Meanwhile, traditional safe-haven plays like
telecommunications and utilities lagged far behind the broad

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The year was marked by some surprises. For one, Wall Street

Jobs Reports

cheered the Federal Reserve's move to slow down its bond


purchases, since the central bank smartly paired it was an easing of
the forward guidance. Meanwhile, to many people's surprise, political
tension in the U.S. and eurozone cooled down significantly throughout
the year -- helping remove a major source of tension. At the same
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The data calendar was actually moderate for the New Years Eve

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61. The index fell to its lowest level since April. Readings above 50
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In commodities, U.S. crude oil futures dipped 57 cents, or 0.57%, to
$98.72 a barrel. Wholesale New York Harbor gasoline dipped 0.28%
to $2.78 a gallon. Gold fell $4.20, or 0.35%, to $1,200 a troy ounce.
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The Fed's aggressive,and unorthodox, monetary policy has been

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cited as a significant driver of the big gains in Wall Street seen in the
last year. Analysts broadly expect Yellen to keep her foot sealed firmly
to the economic accelerator.
Still, there could be some bumps in the road ahead. Economists at
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trend levels and potentially affect other economic indicators as well.

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Meanwhile, the Commerce Department said the U.S. trade gap


narrowed to $34.25 billion in November, the lowest level since
October 2009, from $39.3 billion the month prior. The reading came in
far below the $40 billion Wall Street expected.
The data, coupled with recent reading on consumer spending, pushed

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Eli Lilly (LLY) revealed 2014 profit estimates that matched analysts'
estimates. AOL (AOL) made a failed attempt to buy Business Insider
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In commodities, U.S. crude oil futures climbed 65 cents, or 0.7%, to
$94.07 a barrel. Wholesale New York Harbor gasoline jumped 1% 5o
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Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$107.25

0.86

0.80%

2014.01.10 end-of-day

WTI Crude Oil

$92.72

1.06

1.14%

2014.01.10 end-of-day

Commodities
Crud e Oil

92.72

+1.14%

Na tura l G a s

4.05

+1.18%

G a soline

2.67

+0.99%

He a ting Oil

2.94

+0.66%

G old

1246.70

+1.40%

Silve r

20.20

+2.66%

Cop p e r

3.39

+0.97%

2014.01.10 end-of-day

Add to your site

Crude Oil Price by OIL-PRICE.NET

Price

Change

2014.01.10 - $ 92.72

1.06 1.14%

1 Year Forecast

$106 / Barrel

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Pub lished January 10, 2014 / Reuters


Print
Em ail

Oil settled higher on Friday, reversing two days of losses, as traders


bought contracts to cover short positions ahead of the weekend and
reports of production problems at a major U.K. oilfield stoked supply

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U.S. oil settled more than $1 per barrel higher, recouping $2 worth of
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jobs data raised expectations that the U.S. Federal Reserve may slow

Americas $16T
woman

the winding down of its commodity-friendly stimulus program.


The Fed's massive bond-buying program has buoyed the economy as
well as commodity and equity markets, and the central bank has been

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assessing how quickly to taper the program based on the momentum


of U.S. economic growth.
Brent oil rose on reports of fresh production problems at the North
Sea's Buzzard oilfield, two days after an outage at the largest UK

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crude blend, the most important of the North Sea crudes underpinning

Should Adopt from


this Rock Star

the Brent crude benchmark.


"Going into the weekend you have some support with people bottom

Tighter Range of

fishing or at the very least taking some money off the table," said

Gas Prices

Stephen Schork, editor of the Schork Report in Villanova,

Recorded in 2013

Pennsylvania.
Brent crude oil futures settled 86 cents higher at $107.25, ending the

Sears Tumbles on

week with a slight gain. The contract extended gains by more than $1

Weak Holiday Sales,


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to a high of $107.40 in post-settlement trade, just shy of the 200-day


moving average of $107.42.
U.S. oil settled $1.06 per barrel higher at $92.72, after rising to a

Values: Not Always

session high of $93.38. The contract, which has sunk from a $100

the Street

a Money Term on

perch just before the end of last year, settled with a second weekly
decline, as the market focuses on ballooning production.
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Hedge funds cut their net long U.S. crude futures and options

Jobs Reports

positions in the week to January 7, the U.S. Commodity Futures


Trading Commission (CFTC) said on Friday.
The spread between the two benchmarks settled at $14.53 after
narrowing by nearly $1 from the previous session's settlement to
$13.74 in intraday trade.
Brent traded lower earlier in the day, following reports that South
Sudan's army had regained a rebel-held region where oil production

December jobs report blamed on


weather?
Fed Faces Data Dilem m a
Econom y Adds 74K Jobs in Decem ber

had been halted by fighting.


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In the U.S. market, the unexpectedly weak jobs report triggered a


short-term rally from the previous session's 8-month low. U.S. oil
futures rose to a session high after the market flirted with technically

MDBX

-21.36%

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Jan 10

BP

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BP PLC

Jan 10

PHOT

-15.28%

U.S. employers hired the fewest workers in almost three years in

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December, though the setback could be temporary amid signs the

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oversold territory for the first time in two months, but later pared gains.

figure may have been hurt by frigid weather.


The market also kept an eye on the United States' reaction to a

34.01
3:59 PM

49.20
4:00 PM

0.22
3:59 PM

16.77
4:00 PM

0.12
3:59 PM

potential oil-for-goods deal between Iran and Russia.


Reports that Russia and Iran are negotiating a swap that would let Iran
lift oil exports substantially and undermine Western sanctions that
persuaded Tehran to agree to a preliminary deal to curb its nuclear
program drew ire from U.S. politicians.
Such a deal would boost world supplies and potentially drag on oil
prices.
U.S. Representative Elliot Engel, the top Democrat on the House
Foreign Affairs Committee called it a "reckless and irresponsible
move" on Russia's part. Giving Tehran this type of sanctions relief
"severely undermines international efforts to force Iran to take
seriously its international nuclear obligations," he said in a press
release.
As well, 59 U.S. Senators are co-sponsoring a bill that would place
sanctions on Iran if it does not agree to a comprehensive deal later
this year or next, calling it a "diplomatic insurance policy."
The U.S. State Department said on Friday that technical talks on
Iran's nuclear program had made good progress, but a deal had not
been finalized.

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U.S. Oil Settles More Than $1 Per Barrel Higher | Fox Business

(By Jeanine Prezioso; Additional reporting by Elizabeth Dilts in New


York, Lin Noueihed in London and Jacob Gronholt-Pedersen in
Singapore; Editing by Nick Zieminski, Bernadette Baum and Paul
Simao)
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4/4

1/13/14

Sensex soars 375 points as bets rise on RBI status quo - The Hindu

Business Markets
Published: January 13, 2014 10:06 IST | Updated: January 13, 2014 17:40 IST

Sensex soars 375 points as bets rise on RBI status quo


PTI

Investor wealth rose Rs 1 lakh crore on Monday across market

Ahead of retail inflation, the benchmark Sensex on Monday climbed over 375 points clocking its best gain in seven
weeks, buoyed by across-the-board buying on expectations the RBI will keep interest rates on hold after industrial
output in November contracted. Besides, a firming overseas trend boosted trading sentiments here as soft US jobs
related data cemented hopes that the Federal Reserve would not again trim its economic stimulus anytime soon,
traders said.
After losing 93 points last week, stocks were off to a flying start and the BSE Sensex consolidated gains as the day
progressed to end higher by 375.72 points, or 1.81 per cent, at 21,134.21. This is the best gain since 387.69-point rise
on November 25, 2013. Investor wealth rose Rs 1 lakh crore on Monday across market. Infosys, TCS and RIL led 21
Sensex gainers higher while Sun Pharma, HUL and Tata Power were among the nine losers.
Brokers said investors bet that RBI Governor Raghuram Rajan will keep interest rates unchanged at the policy review
on January 28, helping the benchmark reclaim 21,000level for the first time since January 1, 2014.
The 50-share NSE Nifty rose 101.30 points, or 1.64 per cent, to end at to 6,272.75. Intra-day, it hit high of 6,288.20.
Also, SX40 index of MCX-SX gained 187.24 points to close at 12,610.58. Stock specific buying was prominent
keeping the trend upwards. Positive global cues boosted the sentiment, said Nidhi Saraswat, Senior Research
Analyst, Bonanza Portfolio.
Rising consumer price index based inflation data is expected to bolster the case for RBI to maintain a status quo on
rates after tepid macroeconomic signals, analysts said.The BSE IT index, which rose 2.92 per cent, was the biggest
gainers among sectoral indices as Infosys and TCS galloped more than three per cent each.
The Oil & Gas index was among the top three sectoral gainers after shares of ONGC rose for the third straight session
and ended 2.94 per cent higher after government notified pricing guidelines, while RIL spurted 2.58 per cent.
Banking, capital goods and auto also saw heavy buying.
Keywords: Sensex, closing trade
www.thehindu.com/business/markets/sensex-soars-375-points-as-bets-rise-on-rbi-status-quo/article5572801.ece?homepage=true&css=print

1/2

1/13/14

Sensex soars 375 points as bets rise on RBI status quo - The Hindu

Printable version | Jan 13, 2014 8:37:41 PM | http://www.thehindu.com/business/markets/sensex-soars-375-pointsas-bets-rise-on-rbi-status-quo/article5572801.ece


The Hindu

www.thehindu.com/business/markets/sensex-soars-375-points-as-bets-rise-on-rbi-status-quo/article5572801.ece?homepage=true&css=print

2/2

1/14/14

Wall Street Posts Rebound Rally on Strong Data, Earnings | Fox Business
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selloff in the previous session, as traders cheered encouraging bank

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earnings and economic data.

Plate

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6 Gym Membership

RELATED STOCKS

Gotchas

According to preliminary calculations, the Dow Jones Industrial


Average (DJI) climbed 115 points, or 0.71%, to 16373, the S&P 500

WFC

45.59

WELLS FARGO ...

+0.03

(GSPC) advanced 19.6 points, or 1.1%, to 1839 and the Nasdaq


Composite (IXIC) rose 69.7 points, or 1.7%, to 4183.

JPM

57.74

JPMORGAN CHA...

+0.04

Ford Unveils New F150 Pickup Made of


Aluminum

The broad S&P 500 posted its worst selloff since November on
Monday as traders wondered if stocks have gone up too much, too
quickly. The verdict is still out on whether the sharp move was a one-

Gold Steadies Off of

day blip or something bigger. Peter Boockvar, chief market strategist

One-Month High

at The Lindsey Group, struck a bearish tone in a note to clients


Tuesday.

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1/3

1/14/14

Wall Street Posts Rebound Rally on Strong Data, Earnings | Fox Business

"Call yesterdays market selloff a digestion, consolidation, a breather,

What's this?

overdue, well needed or whatever, but however you want to describe

Jobs Reports

it, the underlying reason for it and the lackluster trading year to date
goes to what I still believe will result in a down year in 2014," he said.
JPMorgan Chase (JPM) posted lower fourth-quarter profits on the
day, but still beat Wall Street's expectations on the top and bottom
lines. Shares of the biggest U.S. bank by assets fell slightly in premarket trading. Fellow banking heavyweight Wells Fargo (WFC) also

Markets shrug off December jobs


report
Fed Faces Data Dilem m a

beat the Street.

Econom y Adds 74K Jobs in Decem ber

On the economic front, the Commerce Department said retail sales


rose 0.2% in December from the month prior, slightly beating Wall
Streets expectation of a 0.1% gain. Excluding the automotive

MOST POPULAR STOCKS

+1.80%

segment, sales climbed 0.7%, beating views of a 0.4% pick-up,

FORD MOTOR CO...

Today

4:00 PM

marking the biggest increase since February 2013.

AAPL

+1.99%

546.39

APPLE INC.

Today

4:00 PM

CBIS

-11.74%

CANNABIS SCIE...

Today

The Labor Department reported U.S. export prices rose 0.4% in


December from the month prior, slightly higher than the 0.1%
increases Wall Street expected. Meanwhile, import prices remained

BAC

+2.07%

unchanged from November, while the Street expected a slight 0.3%

BANK OF AMERI...

Today

increase.

GE

+0.90%

GENERAL ELECT...

Today

16.40

0.11
3:59 PM

16.77
4:01 PM

26.97
4:00 PM

In commodities, U.S. crude oil futures rose 19 cents, or 0.21%, to


$91.99 a barrel. Wholesalee New York Harbor gasoline fell 0.23% to
$2.628 a gallon. Gold slipped $2.90, or 0.23%, to $1,248 a troy
ounce.
Follow Adam Samson on Twitter @adamsamson.
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3/3

1/14/14

Stocks rebound as investors cheer banks - Jan. 14, 2014

Stocks snap back with triple-digit Dow gain


By Jesse Solomon @JesseSolomonCNN January 14, 2014: 4:12 PM ET

Click the chart for more markets data.

28

28

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks bounced back Tuesday as investors cheered results from some of the nation's largest financial institutions and also
showed enthusiasm about the tech sector.
The Dow jumped 115 points, while the S&P 500 and Nasdaq also ended higher. So did CNNMoney's Tech 30, led by a
4% gain in Intel ( INTC, Fortune 500) following positive analyst reports about the chip giant.
After a sharp sell-off Monday, investors turned to bank earnings to get a sense of the economy's health.
JPMorgan Chase ( JPM, Fortune 500) posted a fourth-quarter profit of $5.3 billion, including a $1.1 billion write-off for
legal expenses. But earnings topped expectations. Shares of JPMorgan ended the day flat.
The bank has settled numerous lawsuits in the past year, including over its behavior in the run-up to the mortgage crisis and
for turning a blind eye to Ponzi schemer Bernard Madoff.
But one StockTwits trader isn't buying the stock.
"$JPM...this market definitely at euphoric stage," said 5nancial.
Wells Fargo ( WFC, Fortune 500) also released earnings that slightly beat estimates, though it reported a big drop in
mortgage activity. Shares finished the day mostly unchanged. But one trader was worried about the mortgage business.
$WFC beats on earnings and revenues, not enough to overcome some key losses in mortgages," said StockTwits user
dividenddotcom.
This is just the beginning. Investors are readying themselves for a slew of quarterly earnings announcements over the
coming weeks. Four other big banks are due to report their results later this week: Bank of America ( BAC, Fortune 500),

money.cnn.com/2014/01/14/investing/stocks-markets/index.html?iid=H_MKT_News

1/3

1/14/14

Citigroup (

Stocks rebound as investors cheer banks - Jan. 14, 2014

C, Fortune 500), Goldman Sachs (

GS, Fortune 500) and Morgan Stanley (

MS, Fortune 500).

Related: Fear & Greed Index still shows Greed

Investors have been nervous that earnings may not be strong enough to justify higher stock prices. Mike van Dulken, head
of research at Accendo Markets noted that a new report from Goldman Sachs said valuations for the stocks in the S&P 500
were lofty by almost any measure and that further gains may be difficult to achieve.
And after a tepid December jobs report, investors are looking for further signs of strength in the economy.
Retail sales for December came in slightly better than expected, as retailers offered big promotions due to a shortened
holiday season.
Related: CNNMoney's Tech 30 index tracks the top stocks in tech

What's moving: Tesla ( TSLA)shares surged almost 16% after bullish comments about fourth quarter deliveries of the
Model S from the electric car maker's management at the auto show in Detroit. The stock had a huge rally in 2013 before
pulling back a bit towards the end of the year.
Shares of CNNMoney Tech 30 component Microsoft ( MSFT, Fortune 500)moved higher despite a downgrade from
Citigroup. Wall Street has become increasingly anxious over the tech giant's search for a successor.

Who will Microsoft name as new CEO?


Google ( GOOG, Fortune 500), another member of the Tech 30, hit an all-time high after the search engine announced
Monday afternoon that it was buying connected device maker Nest Labs for $3.2 billion.
StockTwits trader serenityNOW welcomed the news.
"$GOOG...must admit - very smart, forward-looking move," he said.
"$GOOG buy on every dip. Strongest stock on Wall Street," said strategymizer.
Also on Monday, Charter Communications ( CHTR, Fortune 500) said it had formally proposed acquiring Time Warner
Cable ( TWC, Fortune 500). Time Warner Cable flatly rejected the offer. Shares of both companies were trading higher.
Shares of GameStop (

GME, Fortune 500)tanked 20% after the video game retailer reported weak holiday season sales.

$GME numbers show more consumers buying online...Hopefully not a sign of weak all around game sales," commented
StockTwits trader BrianNichols
European markets finished mostly higher, while Asian markets ended mixed.

First Published: January 14, 2014: 9:48 AM ET

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1/14/14

Stocks rebound as investors cheer banks - Jan. 14, 2014

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3/3

1/15/14

Sensex surges 257 points as easing inflation spurs rate cut hopes - The Hindu

Business Markets
Published: January 15, 2014 16:56 IST | Updated: January 15, 2014 16:56 IST

Sensex surges 257 points as easing inflation spurs rate cut hopes
PTI

All-round buying after wholesale inflation declined to a five-month low lifted the benchmark Sensex on Wednesday by
nearly 257 points to its highest level since December 9 on hopes the RBI will lower interest rate to boost economic
growth.
The NSE barometer Nifty also jumped over 79 points to reclaim the 6,300-point mark as it ended at 6,320.90.
Supported by gains in rate-sensitive banking, realty and auto sector stocks, the 30-share BSE Sensex rallied by a
whopping 256.61 points, or 1.22 per cent, to end at 21,289.49, its highest closing since 21,326.42 on December 9.
Overall, 29 out of 30 Sensex-based scrips closed higher.
HDFC and L&T led the gainers, while Tata Steel closed flat.
Other prominent gainers included Tata Motors, Hero MotoCorp, BHEL, Sesa Sterlite and Cipla.
On Tuesday, Sensex had lost 101.33 points on profit-taking.
Brokers said along with the rising trend in other Asian and the European markets after the World Bank raised its
global growth forecast, wholesale inflation declining to a five-month low of 6.16 per cent in December, raised hopes
that the Reserve Bank will ease interest rates and prop up growth.
However, profit-booking by some traders at higher levels, trimmed gains in some stocks, they added.
Shares of state-owned Coal India Ltd ended 1.81 per cent higher after the company declared an interim dividend of Rs
29 per share, or a record 290 per cent, for 2013-14. It had soared over 6 per cent in early trade.
Out of 13 sectoral indices, 10 barometers closed with gains between 0.37 per cent and 1.98 per cent.
www.thehindu.com/business/markets/sensex-surges-257-points-as-easing-inflation-spurs-rate-cut-hopes/article5578586.ece?css=print

1/2

1/15/14

Sensex surges 257 points as easing inflation spurs rate cut hopes - The Hindu

The BSE Capital goods sector index rose 1.98 per cent, Banking index by 1.59 per cent, Realty index by 1.31 per cent
and Auto index by 1.22 per cent.
Shares of Yes Bank ended 1.95 per cent higher after bank reported 21.4 per cent rise in net profit at Rs 415.6 crore for
its third quarter ended December 2013.
Keywords: Sensex, Inflation, RBI, Rate cut propsects
Printable version | Jan 15, 2014 9:36:56 PM | http://www.thehindu.com/business/markets/sensex-surges-257points-as-easing-inflation-spurs-rate-cut-hopes/article5578586.ece
The Hindu

www.thehindu.com/business/markets/sensex-surges-257-points-as-easing-inflation-spurs-rate-cut-hopes/article5578586.ece?css=print

2/2

1/15/14

Dow Rallies for Second-Straight Day, S&P Notches Fresh High | Fox Business
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Follow @foxbusiness

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You Can Pass that

back-to-back triple-digit advance since October, on strong earnings

Truck, But Not Too

and data.

Fast

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Tw eet

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Steal Your Tax

The Dow Jones Industrial Average climbed 108 points, or 0.66%, to

Return

16482, the S&P 500 advanced 9.5 points, or 0.52%, to 1848 and the
Nasdaq Composite rose 31.9 points, or 0.76%, to 4215.

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17.15

BANK OF AMER...

+0.38

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557.36

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The broad S&P 500 also hit an all-time closing high.

Truck Awards at
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It's been a strong earnings season for banks for far. Bank of
America (BAC) shares rallied after the No. 2 U.S. bank posted
better-than-expected quarterly results. Fellow banking giants J.P.

WFC

46.40

WELLS FARGO ...

+0.81

JPM

59.49

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+1.75

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Morgan Chase (JPM) and Wells Fargo (WFC) also revealed fourth-

#Stocks2Watch

quarter beats this week.

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Dow Rallies for Second-Straight Day, S&P Notches Fresh High | Fox Business

On the economic front, the Labor Department said wholesale inflation

What's this?

rose by 0.4% in December from the month prior, the biggest increase

Jobs Reports

since June 2013, matching economists expectations. Excluding the


food and energy components, prices were up 0.3%, the biggest gain
since July 2012, and higher than the 0.1% advance Wall Street
anticipated.
The New York Federal Reserves regional manufacturing gauge shot
up to 12.51 in January from 2.22 in December, widely beating

Markets shrug off December jobs


report

estimates of 3.75. Readings above 0 point to expansion, while those

Decem ber Jobs Report an Anom aly?

below indicate contraction.

Fed Faces Data Dilem m a

Inflation and wage pressure were contained and didnt present major
problems in November through the end of the year across the Federal

MOST POPULAR STOCKS

BAC

+2.27%

Reserves 12 districts, according to the central banks anecdotal Beige Book

BANK OF AMERI...

Today

report. Meanwhile, economic activity continued to expand across most districts.

+1.83%

FORD MOTOR CO...

Today

4:00 PM

AAPL

+2.01%

557.36

APPLE INC.

Today

4:00 PM

Elsewhere in corporate news, Apple (AAPL) CEO Tim Cook


reportedly said iPhone sales in China hit a record high in the tech
giant's fiscal first quarter.
In commodities, U.S. crude oil futures climbed 34 cents, or 0.38%, to
$92.94 a barrel. Wholesale New York Harbor gasoline dipped 0.49%

GE

+1.37%

GENERAL ELECT...

Today

XOM

-0.34%

EXXONMOBIL CO...

Today

17.15
4:00 PM

16.70

27.34
4:00 PM

98.78
4:00 PM

to $2.61 a gallon. Gold fell $9.80, or 0.8%, to $1,236 a troy ounce.


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1/15/14

Dow Rallies for Second-Straight Day, S&P Notches Fresh High | Fox Business
MPP director of federal policies Daniel Riffle on
the latest on marijuana legalization.

The Dow roared higher for the second


day in a row, posting its first back-toback triple-digit advance since October,
on strong earnings and data.

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After Market: Banks, Tech and Retail Pow er a Rebound

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1/15/14

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1/21/14

Sensex snaps 2-day fall, gains 141 points - The Hindu

Business Markets
Published: January 20, 2014 16:25 IST | Updated: January 20, 2014 16:29 IST

Sensex snaps 2-day fall, gains 141 points


PTI

Realty, banking, oil & gas and capital goods sectors stocks led the fall on Monday. File photo: Vivek Bendre

The Hindu

The gain was mainly on buying in bluechips led by IT stocks after Wipro posted encouraging quarter earnings

Snapping its two-day losing streak, the BSE benchmark Sensex on Monday gained over 141 points on buying in
bluechips led by IT stocks after Wipro posted encouraging quarter earnings.
The 30-share barometer rose by 141.43 points, or 0.67 per cent, to close at 21,205.05 points. The index, which lost
226 points in the last two sessions, touched a low of 21,001.13 points in day trade.
Brokers said sentiment improved as the third-largest software provider Wipro posted attractive earnings for the third
quarter ending December 2013.
The IT sector index advanced the most rising by 2.83 per cent to 9,661.46. TCS rose by 5.53 per cent, Wipro by 3.77
per cent and Infosys by 0.59 per cent.
The broad-based National Stock Exchange index Nifty rose by 52.30 points, or 0.68 per cent to 6,303.95. It touched
the days low of 6,243.35.
Weak overseas trends and a fall in index major Reliance Industries, however capped the gains. RIL fell by 1.70 per
cent to Rs 869.50.
Among 30Sensex stocks, 16 closed with gains. BHEL, Axis Bank, HDFC Bank, Hero MotoCorp, ICICI Bank, ITC,
Mahindras and Mahindra and State Bank of India were among major gainers.
The Teck index was the second best performer and rose by 2.50 per cent to 5,275.54, followed by FMCG index which
settled up by 1.08 per cent to 6,619.06.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets
Printable version | Jan 21, 2014 5:13:36 PM | http://www.thehindu.com/business/markets/sensex-snaps-2day-fallgains-141-points/article5596298.ece
The Hindu

www.thehindu.com/business/markets/sensex-snaps-2day-fall-gains-141-points/article5596298.ece?css=print

1/2

1/21/14

Sensex advances 46 points - The Hindu

Business Markets
Published: January 21, 2014 16:45 IST | Updated: January 21, 2014 16:56 IST

Sensex advances 46 points


PTI

Brokers said increased buying by funds as well as retail investors on positive cues from other Asian bourses mainly boosted the trading
sentiments in Mumbai. File photo

AP

The BSE benchmark index Sensex on Tuesday rose further by 46 points on sustained buying by funds in bluechips led
by banks ahead of the RBI monetary policy meet amid a firming global trend.
The 30-share index, which had gained 142 poins in the previous session, rose by 46.07 points, or 0.22 per cent, to
close at 21,251.12 points. It touched a days high of 21,302.52 points.
The broad-based National Stock Exchange index Nifty rose by 9.85 points, or 0.16 per cent, to 6,313.80 points.
Brokers said market sentiment improved after government decided to sell stake in Hindustan Zinc which might
narrow down budget deficit.
Shares of Hindustan Zinc rose 0.15 per cent to Rs 135.20 after the Cabinet Committee on Economic Affairs approved
the sale of the governments residual stake.
They said the upsurge was backed by banking and interest rate sensitive stocks on expectations that RBI may keep its
policy rates unchanged in its review meeting on January 28 as headline inflation has receded.
A firming trend in global stock markets also influenced the market sentiment to some extent, they added.
Among 30 Sensex components, 15 stocks closed with gains.
The banking sector index gained the most rising by 1.55 per cent to 12,769.51, followed by the auto index which rose
by 1.03 per cent to 12,239.74. Metal index rose by 0.77 per cent to 9,732.54 and capital goods index by 0.64 per cent
to 9,761.91.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets
Printable version | Jan 21, 2014 5:14:24 PM | http://www.thehindu.com/business/markets/sensex-advances-46points/article5599973.ece
The Hindu
www.thehindu.com/business/markets/sensex-advances-46-points/article5599973.ece?css=print

1/2

1/22/14

Sensex closes at record high - The Hindu

Business Markets
Published: January 22, 2014 15:51 IST | Updated: January 22, 2014 16:48 IST

Sensex closes at record high


PTI

The Sensex and the Nifty opened the session marginally in the red on continued selling by funds and retail investors in select stocks amid
mixed Asian cues. File photo

PTI

The BSE benchmark index Sensex on Wednesday closed at record high of 21,337.67 points gaining 86.55 points as
buying emerged in pharma, metal and banking stocks on expectations of strong corporate earnings and rate cut by
the Reserve Bank.
The 30-share barometer, which rose for the third straight day, surpassed its previous all-time high of 21,326.42
points set on December 9 when the results of Assembly elections were announced. The Sensex had gained 187.50 in
the previous two trading sessions.
The trading sentiment bolstered following steady inflow of corporate earnings like Torrent Pharma and HDFC Ltd,
brokers said. Sun Pharmaceutical surged by 2.85 per cent on hopes of better earnings.
Street beginning to hope for a rate cut. The movement in the Bank Nifty on Tuesday suggests that the markets are
beginning to hope for a rate cut at the ensuing meeting of the Reserve Bank of India, brokerage HDFC Securities
said. The RBI will announce its monetary policy review on January 28.
The broad-based National Stock Exchange index Nifty rose by 25.15 points to 6,338.95, a little away from record level
of 6,363.90. The Bank Nifty rose by 1.49 per cent.
The market received another push on firming trend in the Asian region and higher opening in Europe on signs of
improving global economy, brokers said.
In 30-BSE index components, 20 stocks climbed led by Reliance Industries, ICICI Bank, Infosys and Dr Reddys Lab.
Cipla, HDFC, Hindalco, Mahindra and Mahindra, Tata Steel and Wipro post gains up to 2.28 per cent.
The rally was led by healthcare sector, which surged the most by adding 1.31 per cent to 10,317.28 followed by metal
index by 0.93 per cent to 9,823.43. Oil and Gas index rose by 0.76 per cent to 8,709.94 and the realty index by 0.55
per cent to 1,350.98.
Keywords: Sensex close, BSE, Nifty, NSE, Indian stock markets
www.thehindu.com/business/markets/sensex-closes-at-record-high/article5604933.ece?homepage=true&css=print

1/2

1/23/14

Strong corporate results take Sensex to new high - The Hindu

Business Markets
Published: January 23, 2014 16:40 IST | Updated: January 23, 2014 16:45 IST

Strong corporate results take Sensex to new high


PTI

The benchmark BSE Sensex fell from record-high by losing nearly 66 points in early trade on Thursday. File photo

The Hindu

The BSE benchmark index Sensex on Thursday closed at fresh record high of 21,373.66 points by gaining 35.99 points

The BSE benchmark index Sensex on Thursday closed at fresh record high of 21,373.66 points by gaining 35.99 points
on funds buying driven by strong corporate earnings by Larsen & Toubro and housing finance major HDFC.
The barometer rose further by 35.99 points, or 0.17 per cent, to settle at new all-time high of 21,373.66, just a day
after it scaled the peak of 21,337.67 points. In the previous three sessions the 30-share index has gained 274 points.
The gauge still remained a little away from an intra-day high of 21,483.74 touched on December 9 when the results of
Assembly elections were announced. It touched an intra-day high of 21,409.66 today.
The broad-based National Stock Exchange index Nifty rose by 6.70 points, or 0.11 per cent to 6,345.65, after touching
a high of 6,355.60.
Brokers said trading sentiment remained bullish on steady inflow of corporate earnings by bluechips, latest by Larsen
and Toubro.
Attractive third quarter earnings were announced by HDFC, Amara Raja Batteries and Torrent Pharma this week.
Larsen and Toubro surged 2.81 per cent to Rs 1,033 after the company posted better than expected profits for the
third quarter ending December 31.
They said the buying activity was so strong that poor performance in global markets failed to influence the sentiment.
However, fall in Reliance Industries and Mahindra & Mahindra (2.82 per cent) restricted the gains, they added.
In 30BSE index components, 14 stocks gained while 16 ended lower.
The consumer durable index gained the most by rising 2.33 per cent to 5,726.80 followed by capital goods index by
1.84 per cent to 9,889.53.
The FMCG index rose by 0.14 per cent to 6,606.82 and healthcare index by 0.12 per cent to 10,329.94.
Keywords: BSE, Sensex, NSE, Nifty, India stock markets, Q3 company results, Sensex close
www.thehindu.com/business/markets/strong-corporate-results-take-sensex-to-new-high/article5608670.ece?css=print

1/2

1/28/14

Dow snaps five day losing streak - Jan. 28, 2014

Dow snaps five day losing streak


By Jesse Solomon @JesseSolomonCNN January 28, 2014: 5:29 PM ET

Click the chart for more market data.

44

44

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks bounced back Tuesday as emerging market turmoil eased and investors sifted through the latest earnings reports.
The Dow gained 90 points, while the S&P 500 and Nasdaq also got a bump.
The win snapped a five-day losing streak for the Dow.
It's been a rough month for investors. All three major indexes have bounced around over the past few weeks and are down
slightly for the month.
But investors regained some confidence Tuesday as the flight from emerging markets slowed and the currencies of some
troubled economies stabilized.
Investors also geared up for the Federal Reserve's policy announcement Wednesday afternoon.
In economic news, the Case-Shiller 20-city home price index rose slightly, signaling that the housing market remains strong but
is showing signs of topping out.
Investors will also keep tabs on President Obama's fifth State of the Union address Tuesday evening. The economy has been
issue No. 1 for the president but that hasn't always translated into good news for many Americans.
Related: Obama's economy in 17 charts

Earnings season is in full swing: Shares of Apple ( AAPL, Fortune 500), a prominent member of CNNMoney's Tech 30 Index,
tumbled 8% after the tech giant reported weaker-than-expected fourth quarter iPhone sales.
The stock couldn't break out of its rut even after activist investor Carl Icahn said he bought another $500 million worth of

money.cnn.com/2014/01/28/investing/stocks-markets/index.html?iid=mkt_SF_news

1/3

1/28/14

Dow snaps five day losing streak - Jan. 28, 2014

shares, on top of the $1 billion he bought last week. Icahn has waged a public campaign advocating that Apple return cash to
shareholders through a stock buyback.
"$AAPL normally after an icahn tweet the stock jumps..this time the mkt said so what," said StockTwits trader Nodrog1.
"$AAPL Forward guidance trumps Icahn today," argued Riverwalk, alluding to the company's conservative outlook for the
current quarter.
Related: Fear & Greed Index swallowed by fear

In sunnier tech news, Netflix (


Europe.

NFLX) shares got a boost after a report surfaced claiming the company plans to expand to

Abercrombie & Fitch ( ANF) soared almost 5% after the retailer announced it was separating its chairman and CEO roles and
doing away with its shareholder rights plan, or so-called poison pill. The latter move would make it easier for the company to sell
itself.
Pfizer ( PFE, Fortune 500) popped after the drugmaker reported better-than-expected earnings, though sales fell short of
estimates.
Ford ( F, Fortune 500) shares finished flat after initially rising when the automaker topped earnings forecasts and said it would
pay record profit sharing to its UAW members.
"$F...This is how you run a company," said Berbacharat on StockTwits, adding that he was impressed with the company's
dividend and investor relations.
American Airlines Group ( AAL), the child of the recently completed merger between American Airlines and U.S. Airways,
reported a fourth-quarter profit that beat estimates.
Shares surged almost 6% Tuesday.
"$AAL...Airlines are no brainer for 2014," said StockTwits user Carpathian, referring to the fact that airlines stocks are on a tear.
Yahoo ( YHOO, Fortune 500) jumped in 5% in after-hours trading after its earnings beat analysts' estimates, though revenue
was in line with expectations.
Emerging markets turmoil eases: Emerging markets have returned to center stage over the past few days as protests and wild
currency fluctuations led to a sweeping sell-off.
Turkey's central bank will hold an emergency meeting Tuesday afternoon in an effort to halt the lira's steep decline. And India
surprised investors with a rate hike to combat rising prices.
Related: Is this an emerging markets crisis?

The turmoil has been sparked, in part, by the Fed's plans to reign in the flow of cheap money. Investors expect the Fed to
announce a further cut to its bond-buying program Wednesday, which could prompt a withdrawal of cash from vulnerable
emerging markets.
But some analysts argue the problems in emerging markets can't be blamed on the Fed.
Michael Shaoul, CEO of Marketfield Asset Management, which oversees more than $20 billion, blames years of poor economic
policy, mixed with unstable and sometimes corrupt local governments.
He notes that interest rates have gone down in recent weeks, despite the Fed's December announcement about cutting the size
of its monthly bond purchase program.

First Published: January 28, 2014: 9:46 AM ET

Recommended for You

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Dow snaps five day losing streak - Jan. 28, 2014

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1/28/14

Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$107.41

0.72

0.67%

2014.01.28 end-of-day

WTI Crude Oil

$97.41

1.69

1.73%

2014.01.28 end-of-day

Commodities
Crud e Oil

97.41

+1.73%

Na tura l G a s

5.03

+3.70%

G a soline

2.63

+0.23%

He a ting Oil

3.12

+0.94%

G old

1251.00

-1.01%

Silve r

19.48

-1.48%

Cop p e r

3.29

-0.26%

2014.01.28 end-of-day

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1/28/14

Wall Street Jumps as Emerging-Market Fog Clears | Fox Business


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By Adam Samson / Pub lished January 28, 2014 / FOXBusiness

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Analysts Mixed on

markets cooled and traders mulled mixed earnings reports and

Wall Street's

economic data.

Trajectory

Today's Markets
Gold Retreats From

The Dow Jones Industrial Average climbed 90.7 points, or 0.57%, to

Ten-Week Highs

15929, the S&P 500 advanced 10.9 points, or 0.61%, to 1793 and

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the Nasdaq Composite rose 14.4 points, or 0.35%, to 4098.


DD

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Concerns about how the end of the Federal Reserve's bond-buying

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Budget

pummeled Wall Street in recent days. Indeed, the Dow fell for the fifth
day in a row Monday in the blue-chip average's longest losing streak
since early December.

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1/28/14

Wall Street Jumps as Emerging-Market Fog Clears | Fox Business

A move by India to boost its interest rates in a bid to protect its

FROM AROUND THE WEB

currency and slow capital outflows helped ease those concerns to


What's this?

some extent, according to Peter Boockvar, chief market analyst at


Jobs Reports

The Lindsey Group. Boockvar said other embattled emerging-market


currencies, such as the Turkish lira and the South African rand,
benefited from the move.
"The central bank tradeoff of defending ones currency and fighting
inflation against the concerns with the economic impact of higher
rates is the main issue all face. India has taken a firm stand that you

Weekly jobless claims rise to


326,000

need the first in order to have healthy economic growth," he said in an

SOTU To Bring Overdue Focus on Long-term


Unem ployed

email to clients.

Fed Eyes Econom y, Currency Woes

In earnings news, Apple (AAPL) posted better-than-expected fiscal


first-quarter profits on a wider-than-expected profit margin. However,

MOST POPULAR STOCKS

iPhone sales disappointed, sending shares of the world's biggest

AAPL

-7.99%

506.50

technology company tumbling.

APPLE INC.

Today

4:00 PM

Counterbalancing the iPad-maker, however, were pharmaceutical


giant Pfizer (PFE), auto heavyweight Ford (F) and materials maker

+0.06%

FORD MOTOR CO...

Today

15.72
4:01 PM

GE

+1.56%

DuPont (DD). All three firms revealed better-than-expected quarterly

GENERAL ELECT...

Today

4:00 PM

profits.

IBM

-0.59%

176.85

INTERNATIONAL...

Today

4:00 PM

On the economic front, a report from the Commerce Department


showed orders for long-lasting goods tumbled 4.3% in December

BAC

+2.58%

BANK OF AMERI...

Today

25.46

16.73
4:01 PM

from the month prior, compared to expectations of a 1.8% gain.


Excluding the transportation segment, orders fell 1.6%, versus a 0.5%
pick-up analysts expected.
Home prices in 20 major U.S. metropolitan areas fell 0.1% on a nonseasonally adjusted basis in November from the month prior, while
Wall Street expected prices to rise 0.2%. The S&P/Case-Shiller
report showed prices were still up 13.7% on a year-over-year basis.
Meanwhile, the Conference Board said consumer confidence rose to
80.7 from 77.5 the month prior. The January reading beats Street
views of 78.1.
In commodities, U.S. crude oil futures climbed 63 cents, or 0.65%, to
$96.34 a barrel. Wholesale New York Harbor gasoline gained 0.33%
to $2.63 a gallon. Gold fell $7.30, or 0.58%, to $1,256 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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1/28/14

Wall Street Jumps as Emerging-Market Fog Clears | Fox Business


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Wall Street Jumps as Emerging-Market Fog Clears | Fox Business


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1/30/14

Stocks rebound as earnings back into focus - Jan. 30, 2014

Stocks bounce back as earnings impress


By CNNMoney Staff @CNNMoneyInvest January 30, 2014: 4:34 PM ET

Click the chart for more market data.

31

31

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks bounced back Thursday as investors focused more on strong corporate earnings from tech companies and healthy
economic data as opposed to continuing tumult in emerging markets.
The Dow rose more than 100 points, while the S&P 500 and Nasdaq both gained more than 1%.
The U.S. government reported that the economy grew at a solid 3.2% pace in the fourth quarter, driven by strong consumer
spending and exports. That figure beat economists' expectations, and although it's not indicative of gangbusters growth, the
data seems to show the economy is moving forward modestly.
Stocks sold-off Wednesday after the Fed said it was cutting another $10 billion per month from its economic stimulus program.
Investors were disappointed the central bank didn't address the recent trouble in emerging markets. Stocks around the world
have been rattled in this week as investors worry about an emerging markets currencies sell-off sparked by a reduced flow of
cheap money.
Related: Fear & Greed Index continues to show fear

Earnings season in full swing: Visa ( V, Fortune 500) shares rose on better-than-expected results. The credit and debit card
processing company has the biggest weighting in the Dow.
$V You can always count on this company," said DomLuminous on StockTwits.
Facebook ( FB, Fortune 500) shares soared 14% to a new all-time high following strong quarterly sales and earnings. The
social media giant's results showed the company has made huge strides in mobile advertising, an area that previously worried
investors. But traders are happy now.
"As the world goes mobile, so does its social network...$FB," said d_ramsden.

money.cnn.com/2014/01/30/investing/stocks-markets/index.html?iid=HP_LN

1/3

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Stocks rebound as earnings back into focus - Jan. 30, 2014

$FB bottomline: proven business model with tons of growth potential - no brainer," said chirokarras.
Shares of rival Twitter ( TWTR), which reports its results next week, also soared. The two stocks were the biggest gainers in
CNNMoney's Tech 30 index.
But investors weren't as impressed with results from two other tech giants after the bell Thursday.
Google ( GOOG, Fortune 500) was flat in after-hours trading after the company's earnings came in below estimates. Google
announced Wednesday that it was selling its Motorola Mobility smartphone business to China's Lenovo for $2.9 billion.
Amazon ( AMZN, Fortune 500)tumbled 7% in after-hours trading after its earnings and sales came in below expectations.
However, shares of Mexican restaurant chain Chipotle (
estimates.

CMG) jumped 10% after-hours as fourth quarter sales surpassed

A 'Super' quarter for Under Armour


Shares of Under Armour ( UA) surged 23% to a new record high after its earnings blew past Wall Street expectations. In an
interesting take, some StockTwits traders surmised the gains were weather-related. The company did cite strong sales of fleece,
gloves and headwear.
"$UA Love this in the winter. Always outperforms," said SlavaK.
"Polar vortex might have helped sales," said BeckyHiu, referring to the unusually frigid temperatures that have gripped much of
the country in recent months.
But things are looking increasingly bleak for struggling retailer J.C. Penney ( JCP, Fortune 500). The stock plunged 8% to its
lowest level since February 1981. There was no specific news to move the stock, but investors have been watching the company
closely to see if it can execute on its much hyped turnaround strategy.
Related: CNNMoney's Tech 30

European markets closed mostly higher, but Asian markets ended in the red. Japan's Nikkei dropped 2.5%.

First Published: January 30, 2014: 9:49 AM ET

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Stocks rebound as earnings back into focus - Jan. 30, 2014


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Wall Street Posts Rebound Rally | Fox Business


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As of 3:00 p.m. ET, the Dow Jones Industrial Average climbed 122
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The markets took a beating last session, with the Dow officially
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Wall Street Posts Rebound Rally | Fox Business

Earnings stole the spotlight early on Wall Street. ExxonMobil (XOM)

What's this?

posted weaker-than-expected fourth-quarter results, sending shares

Jobs Reports

of the biggest publicly-traded energy company sliding.


Facebook (FB) posted better-than-expected results after the closing
bell on Wednesday, sending its share surging 18%. 3M (MMM), the
consumer products giant, revealed profits that meet the Street's view,
but revenues that came in shy. UPS (UPS) revealed better-thanexpected profits, but a full-year outlook that missed estimates. After

Weekly jobless claims rise to


348,000
The Fed Is Bullish On Am erica

the bell, Google (GOOG) and Amazon.com (AMZN) step up to bat.

Focus on Long-term Unem ployed Overdue

On the economic front, the Commerce Department said the U.S.


economy grew at an annualized rate of 3.2% in the fourth quarter,
down from 4.1% from the previous quarter. The reading matched Wall

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October reduced fourth-quarter GDP by about 0.3 percentage point.

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499.78

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The Labor Department reported the number of Americans filing for


first-time unemployment benefits rose last week to 348,000 from an
upwardly revised 329,000 the week prior. Wall Street expected the
number of claims to rise to 330,000 from an initially-reported 326,000.
Meanwhile, the National Association of Realtors reported signed

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contracts to buy previously-owned homes dropped 8.7% in


December, widely missing economists expectations they would
remain unchanged. Pending home sales came in at the lowest level
since October 2011.
In commodities, U.S. crude oil futures rose 33 cents, or 0.35%, to
$97.70 a barrel. Wholesale New York Harbor gasoline rose 0.14% to
$2.665 a gallon. Gold fell $7.50, or 0.59%, to $1,255 a troy ounce.
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2/4/14

Stocks gain back some lost ground - Feb. 4, 2014

Stocks gain back some lost ground


By CNNMoney Staff @CNNMoneyInvest February 4, 2014: 4:16 PM ET

Click the chart for more market data.

32

32

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks bounced back Tuesday, a day after suffering a steep drop Monday.
The Dow finished up more than 70 points. The S&P 500 and Nasdaq also closed higher, as did CNNMoney's Tech 30 Index.
Markets haven't had an easy go of it this year, with the Dow still down about 7% in 2014. Stocks took a beating Monday, after
key manufacturing data for the United States came in way below Wall Street forecasts.
But some market strategists felt Monday's plunge may have gone too far and that stocks were poised to recoup some losses.
Analysts at Capital Economics said the sell-off Monday was "overdone" and that stocks will recover over the remainder of the
year. They blamed Monday's poor manufacturing numbers on unseasonably bad weather and said that further economic data
could reflect a similar pattern.

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Stocks gain back some lost ground - Feb. 4, 2014

4 numbers you need to know about stocks


The big event happens Friday, when the government releases its monthly jobs report. Investors will be looking for signs that the
U.S. economy is expanding at a healthy pace, as many economists have maintained.
Related: Fear & Greed Index still in extreme fear

What's moving: Microsoft ( MSFT, Fortune 500) shares closed slightly lower after initially rising when the company named
Satya Nadella to be its new CEO, replacing Steve Ballmer. The news was expected, and investors are hoping that Nadella, who
has led the company's rapidly growing cloud software division, will be able to help Microsoft become an even bigger presence in
the cloud market.
But some traders on StockTwits were skeptical that Nadella can breathe new life into the software giant.
"$MSFT Wrong HR practice is the key MSFT issue. They promote only veterans who is not able to bring the fresh vision :-(,"
lamented sporitus.
"$MSFT ...they took how long to make an internal appointment?" said topgoalscorer. "$MSFT needs an overhaul not a tweak!"
Michael Kors ( KORS) shares surged 17% after reporting stronger sales and profits than expected. The luxury retailer's stock
hit an all-time high and was the best performer in the S&P 500.

Kors is a runway (and Wall Street) hit


"$KORS Well this is a slap in the face to those who said that "retail" is done!," said girlytrader.
But StockTwits trader LegacyCap felt the company's earnings were more a reflection of the high-end market, rather than an
overall retail trend.

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Stocks gain back some lost ground - Feb. 4, 2014

"...$KORS earnings go to show that flight to quality happens on the retail side too...those that have will spend," he said.
Shares of KFC-owner Yum! Brands ( YUM, Fortune 500) jumped after it reported better-than-expected earnings, despite
continued sluggishness with its KFC business in China.
Related: CNNMoney's Tech 30

J.C. Penney ( JCP, Fortune 500) shares fell around 11% to new multi-decade lows even though the struggling retailer reported
same-store sales growth for the holiday season. The company's management team is desperately trying to deliver on a muchhyped turnaround strategy.
"$JCP This was the holiday season, still not convinced if this is really the first sign of a sustained turnaround," said The_Realist.
Twitter ( TWTR), a member of CNNMoney's Tech 30 Index, gained nearly 2%. The company will release its first earnings
report as a public company Wednesday.
ARM Holdings ( ARMH), another member of the Tech 30, reported fourth quarter earnings that disappointed some investors,
sending shares lower.
Meanwhile, Asian markets suffered another battering Tuesday, taking their cue from Monday's sharp sell-off in U.S. stocks.
Japan's Nikkei index fell 4.2%, extending its losses this year to just over 14%. The slide has put the index well into correction
territory, and erased a chunk of last year's stunning 57% gain. Hong Kong's Hang Seng also pushed into a correction, dropping
nearly 3%. European markets ended mixed.

First Published: February 4, 2014: 9:54 AM ET

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Wall Street Sees Green After Intense Selloff | Fox Business


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According to preliminary calculations, the Dow Jones Industrial


Average climbed 72.4 points, or 0.47%, to 15445, the S&P 500 rose

NHTSA to Require

13.3 points, or 0.76%, to 1755 and the Nasdaq Composite advanced

Wireless

34.6 points, or 0.86%, to 4032.

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The S&P 500 tumbled 2.3% Monday in its heaviest selloff since June
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2013. The move extended the broad-market index's year-to-date drop

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to 5.8%. Adding to the fearful sentiment, Japan's Nikkei 225, already

Amid Mounting

in a correction, plunged 4.2% overnight as emerging-market fears

Uncertainty

swirled across global markets.


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"Stocks are offside, but holding up relatively well considering the

Pullback Mode

massive selloff in Japan overnight as fears over emerging-market


exposure echoed around the world," said David Madden, a market
analyst at IG in London, in an email. "Traders are treading lightly, not
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Traders are paying particularly close attention to economic data after

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a key manufacturing report and monthly auto sales missed views.

Jobs Reports

Economists at Goldman Sachs told clients late Monday they believe


the effect of bad weather across the country might be larger-thanexpected in January, weighing on the world's biggest economy.
The Commerce Department said orders for manufactured goods fell
1.5% in December from the month prior, slightly better than the 1.7%

News Next Week: Jobs Watch

fall economists were expecting. Excluding the transportation

Tech Sector on Innovation Hiring Spree

component, orders rose 0.2%.

Week Ahead: Jobs Report and a New Fed Chief

Analysts across the board said they would be paying close attention
to the January jobs report, due out on Friday. The December data
came in far shy of estimates, and there are concerns bad weather and
the end of emergency jobless benefits could put additional pressure
on the figures.
Elsewhere, U.S. crude oil futures climbed 12 cents, or 0.12%, to
$96.55 a barrel. Wholesale New York Harbor gasoline fell 0.17% to
$2.602 a gallon. Gold fell $5.40, or 0.43%, to $1,555 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.

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2/6/14

Sensex posts further gains - The Hindu

Business Markets
Published: February 6, 2014 16:47 IST | Updated: February 6, 2014 21:51 IST

Sensex posts further gains


PTI

The S&P BSE Sensex and Nifty on Thursday closed at their highest levels in about a week aided by gains in FMCG,
consumer durables and metal shares, amid firm global cues. After a positive start, the BSE Sensex dropped to
20079.82 intra-day on selling in view of persistent capital outflows. However, it recovered and touched 20358.19,
before ending at 20310.74. It gained 49.71 points over Wednesday.
The 50-share NSE Nifty rose by 13.90 points to 6036.30 in its second day of rise.
Rupee gains 20 paise
The rupee on Thursday appreciated 20 paise to end at 62.37 on positive trends in domestic equities and fresh dollar
selling by exporters. At the inter-bank foreign exchange market, the domestic unit commenced strong at 62.40 a
dollar from the previous close of 62.57. It later touched a low of 62.55 before closing at 62.37
Keywords: Sensex, BSE, Nifty, NSE, Indian stock markets, closing trade
Printable version | Feb 7, 2014 9:55:53 AM | http://www.thehindu.com/business/markets/sensex-posts-furthergains/article5660484.ece
The Hindu

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1/1

2/6/14

Dow, S&P 500 book best gains of the year, Twitter tanks - Feb. 6, 2014

Dow, S&P 500 book biggest gains of year


By Hibah Yousuf @CNNMoneyInvest February 6, 2014: 4:23 PM ET

Click the chart for more stock market data.

94

94

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks got a nice boost Thursday as investors welcomed some good news about the jobs market ahead of the government's
all-important monthly employment report.
The Dow jumped 188 points, or 1.2%. The S&P 500 also gained 1.2%. These were the biggest gains for the two indexes so
far this year.
The Nasdaq also finished higher, rising 1.1%.
Investors were encouraged after fewer-than-expected Americans filed for unemployment benefits last week. The data is a
positive sign ahead of the January jobs report, which will be released Friday. Economists surveyed by CNNMoney expect
that 178,00 jobs were created last month, up from only 74,000 jobs in December. They also forecast that the unemployment
rate was 6.7%.
Though stocks were mostly higher, Twitter shareholders weren't feeling so chipper.
Shares of Twitter ( TWTR) plunged more than 24% after the company released its first quarterly results since going
public last year. Investors were disappointed by a forecast of slower sales growth. That made the stock the worst performer
in CNNMoney's Tech 30 index Thursday and a hot topic among traders on StockTwits.
"$TWTR Love Twitter as a site and idea....," said DocStoc. "Not so confident in management...Bearish."
But not everyone was so glum.
"$TWTR Glad it is dropping, now I can get it cheaper," said cheddarfactory21. "This stock is going to be great in the longrun!! Bullish."

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2/6/14

Dow, S&P 500 book best gains of the year, Twitter tanks - Feb. 6, 2014

Related: Tech stocks: The new safe havens?

General Motors ( GM, Fortune 500) ended in the red after the auto giant reported earnings that fell short of estimates.
Revenue was roughly in line with forecasts.
Sony ( SNE) shares rose even though the company announced a series of major changes and warned it would lose $1
billion this year. Investors welcomed news that the company is selling its Vaio PC unit, spinning out its television business
and cutting 5,000 jobs.
Disney ( DIS, Fortune 500) helped lead the Dow higher. The media conglomerate's stock climbed more than 5% thanks to
solid sales and earnings. Strength in the company's cable network unit, which includes ESPN, and the movie studio unit
helped lead the way. Disney had a huge box office smash in its latest quarter with the animated movie "Frozen."

'Frozen' assets: Disney soars


Most traders on StockTwits are optimistic about Disney's prospects.
"$DIS Don't forget, this doesn't even include Star Wars...Bullish," said jelguindy.
Disney bought Lucasfilm in 2012. Star Wars: Episode VII is set to begin filming later this year and hit the silver screen in late
2015.
Also on the bright side, shares of Green Mountain Coffee Roasters ( GMCR) soared more than 25% on news that the firm
is partnering with Coca-Cola ( KO, Fortune 500) on its forthcoming cold-beverage-brewing system. The Keurig Cold
system will be likely be released in late 2014 or 2015.
Though SodaStream ( SODA) will face competition from the new product, its shares rose 7% following the announcement
after a report from Citron Research suggested that Coke's archrival Pepsi ( PEP, Fortune 500) may want to strike a deal
with SodaStream so it could also enter the at-home beverage market.
Some traders on StockTwits speculated that Coke and Green Mountain may have announced their partnership to play
catch-up because Pepsi has reportedly already approached SodaStream.
"$SODA Anyone think maybe $PEP has already beaten $KO to SODA and therefore Coke went with $GMCR?" asked
SmallFishBigSea.
StockTwits trader Congostockchat said he believes a Pepsi-SodaStream deal could be imminent, and given that
SodaStream already has a machine for in-home soda, Pepsi could beat Coke in this battle.
"$SODA I believe a $PEP deal is coming," he said. "Pepsi has GOT TO respond to what $KO did. We have the machine
NOW. Not in 2 yrs. NOW. Pep can kill KO...Bullish."
Akamai Technologies, (
report.

AKAM) an Internet content delivery network, surged more than 20% after a strong earnings

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2/3

2/6/14

Dow, S&P 500 book best gains of the year, Twitter tanks - Feb. 6, 2014

AOL ( AOL) shares lost ground despite the fact that the company's quarterly revenue came in higher than expectations
thanks to stronger ad sales.
LinkedIn ( LNKD) reported earnings and revenues after the closing bell that beat forecasts. But investors were
disappointed by the company's guidance. Shares plunged more than 10% in after-hours trading.
Related: Fear & Greed Index still in extreme fear

Despite the day's gains, the three main indexes are still down about 5% from their most recent highs.
Peter Cardillo, chief market economist at Rockwell Global Capital, said that markets could have a tough time holding onto
gains.
"You're looking at one step forward and two steps backward," he said.
Related: CNNMoney's Tech 30

European markets closed more than 1%, while Asian markets also mostly ended with modest gains. The European
Central Bank kept interest rates on hold Thursday, despite growing concerns about the threat of deflation in the eurozone
and the outlook for global growth.

First Published: February 6, 2014: 9:49 AM ET

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Wall Street Surges Amid Jobs Optimism | Fox Business


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Report: RadioShack

0 Com m ents

to Close 500 Stores

Today's Markets
According to preliminary calculations, the Dow Jones Industrial
Average climbed 187 points, or 1.2%, to 15627, the S&P 500 gained

Is Your Job Killing

21.7 points, or 1.2%, to 1773 and the Nasdaq Composite advanced

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Your Credit?

45.6 points, or 1.1%, to 4057.


KO

38.03

THE COCA COL...

+0.42

SODA

38.35

SODASTREAM I...

Thursday was busy on the economic front.


Why Students Have

+2.56

No Idea How Much

The European Central Bank held its benchmark interest rate at a

College Costs

record low as it looks to boost inflation, which has come in at a tepid


TWTR
TWITTER INC....

50.03

0.7% across the eurozone. The Bank of England also held rates at

-15.94

record lows. The Federal Reserve has said repeatedly low inflation

Wall Street Sees

poses a risk to the U.S. economy as well.

GMCR

102.10

GREEN MOUNTA...

+21.22

Green After Intense


Selloff

Meanwhile, Ghana's central bank hiked interest rates by 2% as it


works to defend its currency. It's the latest emerging-market central
bank to make a move like this.

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Wall Street Surges Amid Jobs Optimism | Fox Business

The Commerce Department said the U.S. trade gap widened in

What's this?

December to $38.7 billion from $34.56 billion the month prior. Wall

Jobs Reports

Street expected the gap to widen to $36 billion.


Meanwhile, the Labor Department reported the number of Americans
filing for first-time unemployment benefits fell last week to 331,000
from an upwardly revised 351,000. Wall Street expected claims to fall

331,000 people file for jobless


claims

to 335,000 from an initially-reported 348,000.


The closely-watched monthly employment report from the Labor

Headline Unem ploym ent Rate Losing its Luster

Department is due out on Friday. This report is likely to take particular

Tech Sector on Innovation Hiring Spree

significance after the December data trailed estimates.


MOST POPULAR STOCKS

On the corporate front, Twitter (TWTR) shares tumbled after the


micro-blogging site showed tepid user growth. Still, quarterly earnings
topped estimates. Green Mountain Coffee Roasters (GMCR)
rallied after it revealed a minority stake by Coca-Cola (KO) and plans
to enter the at-home cold beverage market. The move initially sent
shares of SodaStream (SODA) tumbling, but then they rebounded
early Thursday.
In commodities, U.S. crude oil futures rose 62 cents, or 0.66%, to
$98.03 a barrel. Wholesale New York Harbor gasoline rallied 1.1% to

TWTR

-24.16%

TWITTER INC.

Today

50.03
4:00 PM

+0.81%

FORD MOTOR CO...

Today

4:00 PM

AAPL

+0.58%

512.51

APPLE INC.

Today

4:00 PM

FB

-0.05%

FACEBOOK INC.

Today

GE

+1.75%

GENERAL ELECT...

Today

14.85

62.16
4:00 PM

24.95
4:00 PM

$2.67 a gallon. Gold gained $2.10, or 0.17%, to $1,259 a troy ounce.


Follow Adam Samson on Twitter @adamsamson.
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2/9/14

Sensex up 66 points - The Hindu

Business Markets
Published: February 7, 2014 10:16 IST | Updated: February 7, 2014 17:24 IST

Sensex up 66 points
PTI

The Sensex on Friday rose for the fourth straight day and ended 66 points up at one-week high levels led by gains in
Tata Steel, Sun Pharma and Sesa Sterlite, amid volatility ahead of advance growth estimates for 2013/14.
The index, which had gained 101 points in the previous three days, rose further by 65.82 points, or 0.32 per cent, to
end at 20,376.56. Intra-day, the barometer touched a low of 20,282.30 and a high of 20,450.51. Todays close was the
highest since 20,513.85 on January 31.
Twenty stocks gained in the 30-share BSE benchmark. Tata Steel (6.39 per cent), Sesa Sterlite (3.66 per cent) and
Sun Pharma (2.80 per cent) were among winners. The ten laggards included TCS, Hindustan Unilever, Wipro, BHEL
and ITC.
The 50-scrip NSE index Nifty rose by 26.90 points, or 0.45 per cent, to end at 6,063.20 -- the third day of rise.
Intra-day, it touched a low of 6,030.90.
Markets remained volatile amid expectations that the government would lower the GDP growth estimate for the last
fiscal below 5 per cent, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio Limited.
The results of US jobs data and any surprises on GDP growth estimate by the government would be key triggers for
the market going forward, he added.
Keywords: Sensex, BSE, closing trade
Printable version | Feb 9, 2014 11:15:02 PM | http://www.thehindu.com/business/markets/sensex-up-66points/article5663678.ece
The Hindu

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1/1

2/7/14

Stocks end choppy week on a high note - Feb. 7, 2014

Stocks end choppy week on a high note


By CNNMoney Staff @CNNMoneyInvest February 7, 2014: 4:09 PM ET

Click on the chart for more market data.

33

33

TOTAL SHARES

NEW YORK (CNNMoney)

Bad news appears to be good news again as investors shrugged off the tepid jobs report and put their faith in the Federal
Reserve.
The Dow soared 160 points Friday, while the S&P 500, and Nasdaq also rose even though the government said that only
113,000 jobs were created in January. Economists surveyed by CNNMoney expected the U.S. economy to have added 178,000
jobs. The unemployment rate ticked down to 6.6%.-- its lowest level in five years.
It was the second straight day of gains in what's been a choppy week for the market. Stocks did wind up finishing the week in
positive territory. But the Dow is still down almost 5% this year.
While some economists warned that a weak jobs report could be expected due to unusually cold weather in January, Friday's
number follows a weak December report in which the economy added a paltry 75,000 jobs.
"Colder than normal weather was a factor but that simply does not explain two consecutive months of poor performance," said
Peter Morici, an economics professor at the University of Maryland. "These sad results are consistent with a broadly
underperforming economy."
But the poor job growth could mean that the Fed will pause on pulling back, or tapering, its monthly bond purchases at its next
meeting in March And that may be why markets were higher Friday, according to Justin Wiggs, a trader with Stifel Nicolaus.
Related: Fear & Greed Index still in extreme fear

"The thought process now is that bad can be good in the near-term," he said.
The Fed has cut the size of its so-called quantitative easing program twice since December: first from $85 billion per month to
$75 billion, and then again to $65 billion. Investors will be looking for more clues about the Fed's next moves when new Fed

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1/3

2/7/14

Stocks end choppy week on a high note - Feb. 7, 2014

chair Janet Yellen appears twice before Congress to discuss the state of the economy.
Still, turmoil in emerging markets and concerns about the strength of the U.S. economy could mean more volatility in the
months ahead, market strategists say.
And big investors are rotating out of stocks and into bonds. For the week ending February 5th, institutional investors pulled a
record amount of money out of U.S. stock funds and shifted it into bonds funds, according to EPFR Global. That trend is
significant because most Wall Street analysts predicted the opposite coming into the new year.
Related: CNNMoney's Tech 30

On the corporate front, shares of Apple ( AAPL, Fortune 500) rose after the Wall Street Journal reported that CEO Tim Cook
said the company bought back a big chunk of its own stock after its disappointing earnings report last month.

Is Apple becoming IBM?


But one StockTwits user pointed out that the buyback was announced previously.
"$AAPL they bought back stock which they said they would do...nothing new here," said eddyhooks.
Another StockTwits trader thought the buyback was a ploy by Apple to save face, considering some investors are worried about
the company's ability to wow the market with new products.
"$AAPL running out of ideas," said bullvsbear.
LinkedIn ( LNKD) shares dropped 6% after the professional networking site reported guidance that missed forecasts. That
made the stock the worst performer in CNNMoney's Tech 30 index.
StockTwits user nancefinance lamented that Linkedin is the only game in town for social career networking.
"$LNKD Everyone uses it but does anyone really like it?," she said. "It's clunky, slow, and customer support is lame."
Other chatter on StockTwits focused on the stock's high valuation compared to its earnings.
" $LNKD...this is the real bubble," said mytfine.
News Corp (

NWS) shares jumped following quarterly earnings that beat expectations.

Shares of Outerwall Inc. ( OUTR), which produces Redbox and Coinstar dispensers, surged 12% on news that the company
plans to buy back $350 million worth of stock.
And Expedia ( EXPE) spiked over 14% to a new all-time high after the travel website company posted earnings that beat
analysts' forecasts. The news helped lift shares of other travel sites Priceline ( PCLN, Fortune 500) and TripAdvisor ( TRIP).
Related: Millennials invest like their grandparents

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2/3

2/7/14

Stocks end choppy week on a high note - Feb. 7, 2014

European markets finished higher. Asian markets ended the week with gains. The Nikkei in Japan was a standout performer,
advancing by 2.2% Friday. The index is on the rebound after losing more than 11% since the beginning of 2014.
--CNNMoney's Annalyn Kurtz contributed to this report

First Published: February 7, 2014: 9:51 AM ET

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U.S. Crude Rises Above $100 for First Time This Year | Fox Business
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Pub lished Feb ruary 07, 2014 / Reuters


Print
Em ail

Oil rose by more than $2 to one-month highs on Friday, fueled by a


sharp rally in gasoline and heating oil as supplies tightened and
refiners started to shut down plants for maintenance.

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U.S. crude oil rose above $100 a barrel for the first time this year,
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Geraldos take on
OReillys interview
with Obama

The expectation for tight diesel and heating oil supplies sent oil prices
soaring as persistently cold weather across the U.S. continued to eat
into heating fuel stocks. Spiking natural gas prices in the U.S.
Northeast have prompted utilities to turn to fuel oil for electricity

Challenger: January
planned layoffs up
47% from December

generation in the region.


At the same time, European refiners cut processing runs, meaning
less product is being made, while Britain's biggest oilfield, Buzzard,
will undergo a total nine weeks of maintenance in 2014, rather than

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the two weeks traders had expected as supplies tightened.

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Brent blasted above the 200-day moving average of $107.89, then


the 100-day at $108.68 and the 50-day of $108.73, setting off
additional buying pressure that boosted both the European

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benchmark and U.S. crude, analysts said.

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"The Brent market definitely helped lift WTI along with the product
markets," said Tariq Zahir, managing member of commodity trading
advisor Tyche Capital Advisors in New York. "We're getting to the

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technical levels that give us instantaneous buying."

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Brent crude oil futures settled $2.38 higher at $109.57, the highest
point since Jan. 2.
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U.S. crude settled up $2.04 to $99.88 a barrel, its highest point since

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Dec. 27. U.S. crude touched above $100 a barrel toward the end of
the trading day and moved higher after the market's close.
Brent's premium to the U.S. benchmark <CL-LCO1=R> widened 34

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cents to $9.69 a barrel. The spread had narrowed on Wednesday to

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U.S. Crude Rises Above $100 for First Time This Year | Fox Business

U.S. heating oil futures settled 5 and 1/2 cents higher at $3.0503 per

Jobs Reports

gallon. U.S. gasoline futures rose 6.35 cents to settle at $2.7489 per
gallon.
Traders raised their net long U.S. crude positions in the week to Feb.
4, the U.S. Commodity Futures Trading Commission (CFTC) said

Is the workforce really growing?

Friday.

U.S. Econom y Adds Just 113,000 Jobs in January


Headline Unem ploym ent Rate Losing its Luster

U.S. REFINING SEASON, IRAN


Any gains in U.S. crude that would have been capped as refiners

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enter maintenance season were offset by the need for refiners to


make heating and transportation fuels.
Citgo Petroleum Corp began a shutdown of both plants at its refinery
in Corpus Christi, Texas, on Wednesday and Motiva Enterprises LLC
said it began maintenance at its 235,000 barrel-per-day refinery in
Convent, Louisiana, on Thursday.
The market was keeping a wary eye on Saturday's talks between Iran
and the United Nations' International Atomic Energy Agency in

TWTR

+8.63%

TWITTER INC.

Today

54.35
4:00 PM

+0.81%

FORD MOTOR CO...

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4:01 PM

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+1.40%

519.68

APPLE INC.

Today

4:00 PM

FB

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GE

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14.97

64.32
4:00 PM

25.19
4:00 PM

Tehran.
The U.N. nuclear watchdog hopes to persuade the Islamic state to
start addressing long-held suspicions it has worked on designing a
nuclear bomb.
Tough international sanctions over the past two years have cut Iran's
oil exports in half.
(By Jeanine Prezioso and Elizabeth Dilts; Additional reporting by
Christopher Johnson, Simon Falush and Ron Bousso in London and
Jacob Gronholt-Pedersen in Singapore; Editing by William Hardy,
Dale Hudson, Chris Reese, Peter Galloway and Meredith Mazzilli)
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Wall Street Rally Snaps S&P's Three-Week Slump | Fox Business


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cut its bond-purchasing program.

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The Dow Jones Industrial Average rose 166 points, or 1.1%, to

Market

15794, the S&P 500 gained 23.4 points, or 1.3%, to 1797 and the

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Nasdaq Composite advanced 68.7 points, or 1.7%, to 4126.


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0.61%, the S&P 500 advanced 0.81% and the Nasdaq tacked on

Jerk

0.54%.
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Crude Oil Squeezed


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report showed the U.S. factory sector nearly stalled in January. Other

Demand

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2/7/14

Wall Street Rally Snaps S&P's Three-Week Slump | Fox Business

The U.S. economy added 113,000 jobs in January, falling well below

What's this?

Wall Streets expectation of 185,000 jobs. Meanwhile, the

Jobs Reports

unemployment rate fell to 6.6% from 6.7% the month prior, hitting the
lowest level since 2008. The labor force participation rate rose to
63%, up from 62.8% in December.
"The U.S. labour market started the year on a weaker than expected
footing, casting doubt on whether the Fed should proceed with any
further tapering of its asset purchase programme," Chris Williamson,

Labor Secretary: Two months


doesnt make a trend
U.S. Econom y Adds Just 113,000 Jobs in January

chief economist at London-based Markit wrote in an e-mail.

Headline Unem ploym ent Rate Losing its Luster

"The FOMC may choose to await a clearer picture of the economy,


and especially to see the extent to which severe cold weather may
have affected the data, before cutting QE any further."
Also on the economic front is a report from the Fed on consumer
credit conditions.
Elsewhere, LinkedIn (LNKD) shares came under heavy pressure
after the world's biggest professional network posted a disappointing
forward outlook.
In commodities, U.S. crude oil futures fell 31 cents, or 0.33%, to

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$97.52 a barrel. Wholesale New York Harbor gasoline rose 0.2% to


$2.688 a gallon. Gold rose $5, or 0.4%, to $1,262 a troy ounce.
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3/3

2/11/14

Sensex gains 29 points; IT, auto shares jump - The Hindu

Business Markets
Published: February 11, 2014 09:55 IST | Updated: February 11, 2014 17:03 IST

Sensex gains 29 points; IT, auto shares jump


PTI

A file photo of the Bombay Stock Exchange.

PTI

The benchmark Sensex advanced 29 points on Tuesday to end at 20,363.37 on buying in IT and auto shares, amid
export growth in January helping trim surging trade gap.
In step with the stock markets, the Indian rupee strengthened to 62.26 versus yesterdays closing of 62.43.
The BSE Sensex, which had lost 42.29 points on Monday, recovered by 29.10 points, or 0.14 per cent. Intra-day, it
moved between 20,443.35 and 20,349.51.
In the 30-share Sensex, 15 stocks gained led by Infosys, TCS, Tata Steel, ONGC, SBI, HDFC, Axis Bank and Bajaj Auto.
The 50-scrip National Stock Exchange index Nifty added 9.25 points, or 0.15 per cent, to close at 6,062.70, after
touching a high of 6,081.85.
Brokers said trading sentiment was bolstered after data showed Indian exports increased 3.79 per cent to $26.75
billion dollar in January, helping the trade deficit to narrow to $9.92 billion.
They said the market sentiment improved further following an upsurge in Tata Motors counter after the company
posted a near three-fold spike in its December quarter net profit. Tata Motors scrip was a star performer as it surged
2.83 per cent.
A firming trend in the Asian region and higher opening in Europe before Federal Reserve chairman addresses the U.S.
Congress, aided sentiments.
However, Reliance Industries shares slipped 1.96 per cent after the Delhi government ordered filing of criminal cases
against RIL chief Mukesh Ambani, among others, following complaints of irregularities in pricing of natural gas in
KG basin.
Sectorally, the BSE IT sector index gained the most by rising 0.99 per cent after software industry body Nasscom said
it expects IT sector exports to grow by 13-15 per cent in FY15 as against 13 per cent in the current financial year.
The auto index was second best performer by adding 0.77 per cent, followed by Teck index 0.74 per cent, Consumer
Durable index 0.58 per cent and Metal index 0.37 per cent.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
www.thehindu.com/business/markets/sensex-gains-29-points-it-auto-shares-jump/article5676219.ece?css=print

1/2

2/11/14

Wall Street Zooms Higher Amid Fiscal Hopes | Fox Business


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2/11/14

Wall Street Zooms Higher Amid Fiscal Hopes | Fox Business

"This latest development raises the already high likelihood that

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Congress will raise the limit by the February 27 deadline," analysts at


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Goldman Sachs wrote to clients. "Under the legislation the debt limit
Jobs Reports

would be suspended until March 15, 2015 but we expect that the
Treasury could use its 'extraordinary measures' to extend borrowing
capacity through late 2015."
Janet Yellen gave her first Congressional testimony as head of the
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U.S. Econom y Adds Just 113,000 Jobs in January

current monetary policy. Yellen noted the Fed has kept a close eye on

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recent volatility in the global financial markets, but said at this point,
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shake Wall Street, but they do frequently spark adjustments to


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a quarterly profit advance for the No. 2 U.S. drugstore chain. Sprint
(S) shares surged after the telecommunications company posted a
narrower-than-expected quarterly loss.
Elsewhere, U.S. crude oil futures rose 11 cents, or 0.11%, to $100.17
a barrel. Wholesale New York Harbor gasoline climbed 0.49% to
$2.738 a gallon. Gold jumped $13, or 1%, to $1,288 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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2/11/14

Wall Street Zooms Higher Amid Fiscal Hopes | Fox Business


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Right for You?

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Debt Limit Hike
House Republicans said they will bring a
'clean' bill to raise the U.S. borrowing
authority to the floor Tuesday, staving off
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This material may not be published, broadcast, rew ritten, or redistributed. 2014 FOX New s Netw ork, LLC. All rights reserved.

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3/3

2/11/14

Stocks up on Yellen remarks - Feb. 11, 2014

Stocks soar as investors cheer Yellen


By Jesse Solomon @JesseSolomonCNN February 11, 2014: 4:08 PM ET

Click the chart for more market data.

55

55

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks got a boost Tuesday as new Fed chairwoman Janet Yellen stressed that monetary policy is unlikely to change much under
her leadership. Investors clearly liked what they heard.
The Dow rose over 190 points and briefly crossed the 16,000 mark for the first time since January 24. The S&P 500 and Nasdaq
advanced more than 1%. The rally picked up steam during Yellen's question and answer session with lawmakers.
Tuesday marked the Dow's fourth straight up day. The blue chip index has clawed back from a few weeks ago, but is still down
3.5% this year.
But thanks to Tuesday's rally, the S&P 500 is now less than 2% below its all-time high. And the Nasdaq inched into positive
territory for 2014.
Yellen testified before the House Financial Services Committee. It was her first appearance since taking the helm of the central
bank earlier this month.
Since January, the Fed has gradually been reducing the pace of that stimulus. After buying $85 billion in bonds per month since
September 2012, the Fed said in December it would cut its purchases to $75 billion, and then trimmed the size of its
quantitative easing program to $65 billion in January.
While the Fed appeared on course last month to taper once again at its next meeting in March, two consecutive months of tepid
jobs growth have caused investors to wonder what the Fed will do next.
In prepared remarks, Yellen said the central bank plans to continue easing its stimulus program, a big driver of the 2013 stock
market rally. She reiterated several times during the question and answer session that it would take a notable change in
economic data for the Fed to change its plans.

money.cnn.com/2014/02/11/investing/stocks-markets/index.html?iid=HP_LN

1/3

2/11/14

Stocks up on Yellen remarks - Feb. 11, 2014

And investors seem to be taking comfort in Yellen's comments. CNNMoney's Fear & Greed Index, which tracks various gauges
of market sentiment, has been sitting in Extreme Fear mode over the past few weeks. But it moved up to plain old Fear levels
thanks to Tuesday's move higher in stocks. That could be a reflection of a new sense of calm in the markets after recent volatility.
Related: Fear & Greed Index out of Extreme Fear mode

On the earnings front, Sprint ( S, Fortune 500) shares rose after the wireless carrier reported better-than-expected revenue
and decent subscriber gains. The company posted a loss, but the losses narrowed from a year earlier. Sprint has reportedly been
thinking of making a bid for its rival T-Mobile ( TMUS). But there are doubts about whether a deal would pass regulatory
muster.

Don't bet on Sprint/T-Mobile deal


"Sprint's $S CEO declines specific comment in question about potential Sprint/T-Mobile $TMUS deal," noted StockTwits user
FinancialJuice.
CVS Caremark ( CVS, Fortune 500) shares gained after the drugstore chain reported quarterly increases in sales and profit.
The company made waves last week when it announced it would soon stop selling cigarettes and other tobacco products. One
trader noted that this could be a problem for the company going forward.
"$CVS front-end comps down...cutting tobacco won't help that..." said StockTwits user retail_guru.
Shares of cloud computing firm Rackspace Hosting tanked after CEO Lanham Napier said he would retire.
Still, one trader was bullish given the long-term prospects for cloud technology.
"$RAX...ridiculously inexpensive given that all storage and hosting will be cloud based in the future," said statspro.
ConAgra Foods ( CAG, Fortune 500)shares plunged after the packaged foods company cut its full year earnings outlook.
Another food company, milk producer Dean Foods ( DF, Fortune 500). also fell on weak guidance.
Groupon ( GRPN) shares took a dive on the news that a product management executive is leaving the daily deal site. But
StockTwits trader extremelysmartguy didn't think the steep drop-off in share price was warranted.
"$GRPN what an absolutely obvious, non-issue pre-earnings flush based on a nothing news item that will soon be forgotten," he
said.
Shares in British bank Barclays ( BCS) fell in London after the firm reported a big fall in fourth quarter earnings and said it
would cut up to 12,000 jobs. But Barclays also said it would give bigger bonuses to its investment bankers.
Related: CNNMoney's Tech 30

European markets finished higher, while Asian markets closed with sizable gains.

money.cnn.com/2014/02/11/investing/stocks-markets/index.html?iid=HP_LN

2/3

2/12/14

OPEC: World Oil Demand to Rise More than Expected in 2014 | Fox Business
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than Expected in 2014

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Pub lished Feb ruary 12, 2014 / Reuters

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World oil demand will rise slightly more than expected in 2014, OPEC
said on Wednesday, becoming the second major forecaster this

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week to predict higher fuel use as economic growth picks up in


Share

Winter Exposes

Europe and the United States.

Weakness In U.S.
Natgas Supply
Network

The Organization of the Petroleum Exporting Countries, in a monthly


report, said global demand will rise by 1.09 million barrels per day

Home Depot Hiring

(bpd) this year, up about 40,000 bpd from its previous forecast. The

80K Spring Workers

group, which pumps a third of the world's oil, also sees potential for
further rises.
"Given the improvement in OECD oil demand, the likelihood for

Deere Grows 1Q

upward adjustments for world oil demand growth in 2014 is currently

Profits 5%, Tops


Views

higher than existing projections," said the report by economists at


OPEC's Vienna headquarters.

Emerging Markets

OPEC's report comes a day after the U.S. government's Energy

and Parallels to the

Information Administration raised its 2014 world oil demand growth

pre-2008 Crash

forecast by a similar increment. Oil prices edged higher after it was


released, with Brent crude trading near $109 a barrel.
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OPEC: World Oil Demand to Rise More than Expected in 2014 | Fox Business

While the bulk of the growth in global oil demand continues to come

What's this?

from China and the Middle East, OPEC was more upbeat about the

Jobs Reports

prospects for further fuel use this year in established economies.


OPEC sees a contraction in European demand - in the doldrums for
years due to recession - easing in 2014, and said preliminary figures
for December 2013 and January 2014 indicated strong demand in

What is driving the unemployment


rate down?

top consumer the United States.


"The potential of the forecast for OECD oil demand leans to the

U.S. Econom y Adds Just 113,000 Jobs in January

upside as the improving economic conditions in the U.S. and Europe

Headline Unem ploym ent Rate Losing its Luster

may turn out better than expected," OPEC said.


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"For the non-OECD countries, risks are skewed to the downside due
to fiscal and monetary issues."
According to secondary sources cited by the report, OPEC raised its
own output to 29.71 million bpd in January, as a partial recovery in
Libyan shipments - disrupted for months by unrest - was offset by
cutbacks in top exporter Saudi Arabia.
But the stronger global demand outlook is not translating yet into
higher demand for OPEC oil, as rising supplies including of U.S.

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shale oil are eroding its market share in 2014.


OPEC raised its estimate of the amount of crude non-member
countries are expected to produce this year to 54.14 million bpd, up
about 50,000 bpd from the previous estimate.
As a result, OPEC expects demand for the crude pumped by its 12
members to average 29.60 million bd, virtually unchanged and
suggesting inventories will build up should the group keep pumping at
January's rate.
Another closely watched oil demand forecast is due on Thursday from
the International Energy Agency, adviser to industrialised countries.
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Oil Hits Highest Level in Nearly Four Months


Pub lished Feb ruary 12, 2014 / Reuters

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Brent crude rose above $109 a barrel on Wednesday, buoyed by


expectations of strengthening global demand after OPEC raised its
2014 forecast and Chinese data showed oil imports hit a record high.

Share

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Crude oil imports by the world's second-biggest economy rose 11.9

Miss Venezuela
contestant goes to
extremes to lose
weight

percent in January from a year earlier to 28.16 million tonnes, or 6.63


million barrels per day (bpd), Chinese customs data showed.
Also signalling a reversal of its recent economic slowdown, China's

Bon jour:
Economists worried
U.S. is becoming
France

exports beat expectations with a rise of 10.6 percent from the year
before, while total imports jumped 10 percent.
"The strong data underpins strength in oil markets and across the

The latest home


improvement trends

whole commodity board," Mark Keenan, head of commodities


research in Asia at Societe Generale, said.
"The data is so surprising that there's an element of checking whether
it's in fact correct at the moment."
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Stock Futures

Brent crude for March delivery was up 58 cents at $109.26 at 1521

Steady After Four-

GMT, after closing 5 cents higher in the previous session. U.S. crude

Day Rally

was up $1.22 at $101.16 a barrel, after closing 12 cents lower on


Tuesday.
The Great Safety

Adding to bullish sentiment, OPEC raised its 2014 outlook for world

Debate: Credit vs

oil demand by 40,000 bpd, becoming the second major forecaster

Debit Cards

this week to predict higher fuel use.


Gold Rises as

The U.S. Energy Information Administration (EIA) raised its world oil

Traders Weigh

demand forecast for this year to 1.26 million bpd, 50,000 bpd higher

Data, Fed Course

than its earlier forecast.


U.S. oil was also buoyed by American Petroleum Institute (API) data

Emerging Markets

showing crude stocks at the U.S. oil hub in Cushing, Oklahoma fell 2.5

and Parallels to the

million barrels in the week to Feb. 7.

pre-2008 Crash

The more closely watched weekly stock report from the EIA is due at
1530 GMT.

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A ONE-OFF?

What's this?

Jobs Reports

Chinese crude imports got a boost after PetroChina and Sinopec


started operations at the 300,000 bpd Sichuan refinery and the
280,000 bpd Fujian refinery last month, Barclays analyst Sijin Cheng
said. The imminent startup of a strategic petroleum reserve site in
Huangdao, designed to hold 18.9 million barrels, could also have had

What is driving the unemployment


rate down?

an impact, she said.


Gains were capped, however, by expectations that the rise in Chinese

U.S. Econom y Adds Just 113,000 Jobs in January

crude imports was partly seasonal and could be short-lived.

Headline Unem ploym ent Rate Losing its Luster

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Commerzbank said seasonal buying before last month's Chinese


New Year celebrations might have distorted the data.
"The crude oil processing data will provide further information, though
they won't be published until March," it said in a note to clients.
Unrest in Libya also supported Brent crude on Wednesday. Protests
have once more shut pipelines from the Wafa field in Libya's west and
are threatening to block another line from the El Sharara field. Its
production was about 600,000 bpd.

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deal with the end of the Federal Reserve's bond-buying program,


coupled with a string of earnings misses from major European firms
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Mirroring those concerns, Michael Block, chief strategist at Rhino

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Trading Partners, said traders were concerned over weaker guidance

Jobs Reports

from networking giant Cisco (CSCO) and earnings misses from


European players Nestle and BNP Paribas.
On the economic front, the Commerce Department said retail sales in
January fell 0.4% from the month prior, compared to estimates the
gauge would hold steady. Excluding the auto segment, sales were
unchanged for the month. Weather has had an outsize impact on

Retail sales drop 0.4%, 339,000 file


jobless claims

economic data recently, and many analysts said that might have

U.S. Econom y Adds Just 113,000 Jobs in January

impacted these data as well.

Headline Unem ploym ent Rate Losing its Luster

"Simply put, Januarys retail sales report was not good at all," Dan
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economy is better."
The Labor Department reported The number of Americans filing for
first-time jobless benefits rose last week to 339,000 from 331,000 the
week prior. Wall Street was looking for the number of claims to fall to

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Elsewhere on the corporate front, Comcast (CMCSA) said it will buy
Time Warner Cable (TWC) in an all-stock merger valued at $45.2
billion. Insurance giant American International Group (AIG) is set to
post its quarterly results after the closing bell.
In commodities, U.S. crude oil futures fell 55 cents, or 0.55%, to
$99.82 a barrel. Wholesale New York Harbor gasoline dipped 0.88%
to $2.839 a gallon. Gold slumped $3.10, or 0.24%, to $1,292 a troy
ounce.

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for the first time since 2010 and investment was the main driver,"
according to analysts at Nomura.
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2/15/14

Wall Street Jumps as Consumer Data Impress | Fox Business

On the U.S. front, the Federal Reserve said industrial production

What's this?

slumped 0.3% in January, widely missing estimates of a 0.3% gain.

Jobs Reports

Factory output dropped 0.8% in the biggest drop since 2009. The
central bank said the bad weather across the country might have
impacted the data.
Meanwhile, the Labor Department said export prices in January rose
0.2% from December, while economists expected prices to remain
unchanged. Import prices, meanwhile, rose 0.1%, above the 0.1% fall

Retail sales drop 0.4%, 339,000 file


jobless claims

Wall Street was looking for. Later, there are readings due out on

U.S. Econom y Adds Just 113,000 Jobs in January

industrial production and consumer sentiment.

Headline Unem ploym ent Rate Losing its Luster

The data on consumer sentiment could be particularly interesting


because they'll provide the first look at how consumers are faring in
February after a weaker-than-expected January retail sales report.
In corporate news, Jos. A. Bank (JOSB) said it would buy the Eddie
Bauer clothing brand from private-equity firm Golden Gate Capital.
Elsewhere, U.S. crude oil futures fell 26 cents, or 0.26%, to $100.08 a
barrel. Wholesale New York Harbor gasoline slumped 0.26% to $2.77
a gallon. Gold jumped $17.20, or 1.3%, to $1,317 a troy ounce.

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2/15/14

Wall Street Jumps as Consumer Data Impress | Fox Business

Notes from the Federal Reserves last


meeting, housing data and a smattering
of earnings highlight next weeks
economic calendar. All U.S. securities
markets are closed on Monday for
President's Day.

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2/16/14

Sensex rises 173 points on easing inflation - The Hindu

Business
Published: February 14, 2014 17:10 IST | Updated: February 14, 2014 17:10 IST

Sensex rises 173 points on easing inflation


PTI

After losing 255 points in the previous session, Sensex rebounded from four-month lows and ended 173.47 points, or 0.86 per cent,
higher at 20,366.82.

Ahead of the general budget, the benchmark Sensex spurted 173 points on Friday led by fag-end buying in bluechips,
even as the wholesale inflation drop to a 7-month low triggered hopes of some easing in interest rates.
After losing 255 points in the previous session, the Sensex rebounded from four-month lows and ended 173.47 points,
or 0.86 per cent, higher at 20,366.82. The surge was led by stocks of IT, telecom, banking and refinery sectors.
Fridays gain is the best since the 256.61-point jump on January 15.
In the 30-share index, 21 stocks gained led by the three most influential Reliance Industries, ITC and Infosys. RIL
shot up by 1.74 per cent, ITC by 0.96 per cent and Infosys by 1.65 per cent. Tata Motors (3.25 per cent) and GAIL
(2.56 per cent) were the biggest gainers.
On similar lines, the 50-share NSE index Nifty jumped 47.25 points, or 0.79 per cent, to close at 6,048.35.
WPI for January eased to a seven-month low level at 5.05 per cent. IIP showed contraction in December. This has
triggered hopes of some easing in interest rates in next monetary policy, said Rakesh Goyal, Senior Vice President,
Bonanza Portfolio.
Data on Thursday had revealed that retail inflation fell to 24month low at 8.79 per cent in January.
Brokers said the Indian market received another push on reports of firming Asian and European markets as data
showed the euro zone economy grew more than forecast in fourth quarter.
Telecom stocks were in demand after the government raised about $10 billion from auction of wireless spectrum.
www.thehindu.com/business/sensex-rises-173-points-on-easing-inflation/article5689511.ece?css=print

1/2

2/16/14

Sensex rises 173 points on easing inflation - The Hindu

Bharti Airtel rose 0.86 per cent and Idea Cellular by 0.80 per cent. Reliance Communications scrip gained for the first
time in six days, surging 1.98 per cent.
Sectorally, the BSE IT sector index gained the most by rising 1.39 per cent, followed by Teck index 1.22 per cent, Oil
and Gas index 1.21 per cent and Consumer Durables index 0.94 per cent.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable version | Feb 17, 2014 12:14:51 AM | http://www.thehindu.com/business/sensex-rises-173-points-oneasing-inflation/article5689511.ece
The Hindu

www.thehindu.com/business/sensex-rises-173-points-on-easing-inflation/article5689511.ece?css=print

2/2

2/17/14

Sensex rises 97 points, highest this month on excise duty cuts - The Hindu

Business Markets
Published: February 17, 2014 09:59 IST | Updated: February 17, 2014 16:43 IST

Sensex rises 97 points, highest this month on excise duty cuts


PTI

The 30-share barometer gained 102.92 points, or 0.50 per cent, to 20,469.74. The index had gained 173.47 points in the previous session The Hindu
on Friday. File photo

The benchmark Sensex rose about 97 points to close at its highest level this month, enthused by duty concession for
auto, capital goods and consumer nondurable sectors and continued focus on fiscal prudence in the interim budget
for 201415 presented today.
After rising 173.47 points on Friday, the bluechip index Sensex rose further by 97.24 points, or 0.48 per cent, to end
at 20,464.06 its highest closing since 20,513.85 on January 31, 2013. Tata Power, M&M, Dr Reddys Lab and
ICICI Bank led the 20 gainers in the 30share Sensex.
Seven of the twelve BSE sectoral indices rose. Banking, power, auto and healthcare witnessed good demand while
realty and metal saw heavy selling. Capital goods narrowed gains on profitbooking while consumer durables ended
lower.
The 50share NSE index Nifty rose by 24.95 points, or 0.41 per cent, to settle at 6,073.30.
Excise duty cuts have been announced for sectors facing the major brunt of the slowdown...positive for the
automotive sector, capital and consumer durables goods... spells good news for the manufacturing sector, said
Dinesh Thakkar, Chairman & Managing Director, Angel Broking.
Private bank were the among best performers as duty cuts in vehicles could boost lending business, analysts said.
Finance Minister P Chidambaram today said the fiscal deficit for the ongoing financial year will be contained at 4.6
per cent of GDP and current account deficit will be capped at USD 45 billion. The government also pegged net
borrowing for 201415 at Rs 4.57 lakh crore, Rs 11,580 crore less than the revised estimates of the FY14.
Naresh Takkar, MD & CEO, ICRA Ltd said: The absence of major expenditure announcements ahead of elections and
focus on fiscal prudence is reassuring. The targeted reduction in excise to support the languishing sectors is
welcome....
In the broader market, jewellery stocks witnessed a volatile session as the interim Budget made no recommendation
www.thehindu.com/business/markets/sensex-rises-97-points-highest-this-month-on-excise-duty-cuts/article5698158.ece?css=print

1/2

2/17/14

Sensex rises 97 points, highest this month on excise duty cuts - The Hindu

for bringing down the import duty on gold.


The uspurge in the domestic market was supported by reports of a firming trend in the Asian region and higher
opening in Europe after Chinas new credit increased to records in January, brokers said.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable version | Feb 17, 2014 10:26:10 PM | http://www.thehindu.com/business/markets/sensex-rises-97-pointshighest-this-month-on-excise-duty-cuts/article5698158.ece
The Hindu

www.thehindu.com/business/markets/sensex-rises-97-points-highest-this-month-on-excise-duty-cuts/article5698158.ece?css=print

2/2

2/18/14

Sensex jumps 170 points to 3-week high - The Hindu

Business Markets
Published: February 18, 2014 10:25 IST | Updated: February 18, 2014 17:27 IST

Sensex jumps 170 points to 3-week high


PTI

In this file photo, people watch Sensex on a display screen on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.

AP

The benchmark Sensex today shot up 170 points to a nearly threeweek closing high of 20,634.21, driven by gains in
banking, capital goods and auto shares as investors continued to cheer the interim budget proposals.
The Sensex, which had gained 271 points in the previous two sessions, rose further by 170.15 points, or 0.83 per cent,
to close at 20,634.21 the highest level since January 29.
Axis Bank, HDFC, ICICI Bank and Maruti Suzuki led the 21 gainers in 30share Sensex. GAIL and ITC were among
laggards.
The 50-scrip National Stock Exchange index Nifty rose 53.80 points, or 0.89 per cent, to close at 6,127.10.
While announcing the Interim Budget, the Finance Minister stated government will contain the fiscal deficit at 4.6
per cent of GDP. This has boosted investor confidence and buying interest was seen. Excise duty cuts in sectors such
as Auto and Capital Goods also led to renewed buying, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio.
Banking stocks lead the upsurge on rising hopes that improving economic growth would boost lending business,
brokers said.
Global rating agency Moodys has said Indias interim budget is in line with the policy assumptions that underpin its
Baa3 rating with a stable outlook.
Sectorally, the BSE Banking sector index gained the most by rising 2.34 per cent, followed by Capital Goods (2.09 per
cent), Power (1.73 per cent), Metal (1.03 per cent) and Auto (0.96 per cent). Overall, eight indices gained, three fell
and TECK index closed flat.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets
Printable version | Feb 18, 2014 10:01:38 PM | http://www.thehindu.com/business/markets/sensex-jumps-170points-to-3week-high/article5701811.ece
The Hindu

www.thehindu.com/business/markets/sensex-jumps-170-points-to-3week-high/article5701811.ece?css=print

1/2

2/20/14

Wall Street Jumps as Markit Factory Data Top Views | Fox Business
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Wall Street Jumps as Markit Factory Data Top Views | Fox Business

"The flash manufacturing PMI provides the first indications that

What's this?

production has rebounded from the weather-related slowdown seen in

Jobs Reports

January," Markit's chief economist, Chris Williamson, said in the


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its closely-watched measure of manufacturing activity in the midAtlantic region.


On the foreign front, A key report on China's vast manufacturing sector
from HSBC showed growth cooled off more than expected this
month.
"Results from this private sector survey have deteriorated for four
months now, which indicates an unambiguous trend of domestic
growth deceleration, in our view," analysts at Societe Generale wrote
to clients. "Given the unexpectedly robust trade data earlier,
policymakers may wait for more real data (with the first batch due in
mid March) to judge the situation."
There have been fears for years that China -- the world's No. 2
economy -- could be in for a hard landing in which once blockbuster
growth sharply cools off.
A reading on the eurozone manufacturing sector also showed the 18member currency bloc's output growing at a slower rate than
expected.
In corporate news, Facebook (FB) said after the closing bell
Wednesday it will pay up to $19 billion to buy short-messaging app
WhatsApp. Wal-Mart (WMT) posted quarterly earnings that narrowly
topped estimates, but a weak forecast drove shares of the world's
largest retailer into the red.
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2/4

2/20/14

Wall Street Jumps as Markit Factory Data Top Views | Fox Business

Elsewhere, U.S. crude oil futures slipped 32 cents, or 0.31%, to


$102.99 a barrel. Wholesale New York Harbor gasoline sold off by
1.2% to $2.791 a gallon. Gold fell $10.10, or 0.76%, to $1,310 a troy
ounce.
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2/20/14

Stocks push higher despite mixed economic news - Feb. 20, 2014

Stocks rally, S&P 500 nearing record high


By Ben Rooney @CNNMoneyInvest February 20, 2014: 4:19 PM ET

Click for more market data.

46

46

TOTAL SHARES

NEW YORK (CNNMoney)

Investors are taking the latest batch of weak economic reports with a grain of snow-melting salt.
The Dow Jones industrial average gained more than 100 points. The S&P 500 closed within 10 points of its all-time high.
The Nasdaq also gained, resuming a hot streak. The tech-heavy index has closed higher in 9 of the past 10 trading days.
Bad weather in many parts of the country has made it difficult to gauge how the economy is performing. "Weather remains a
handy excuse" for investors who want to discount mixed economic data, said Steven Ricchiuto, chief economist at Mizuho
Securities
The U.S. government said the consumer price index, the benchmark for inflation, rose 0.1% in January, which was slightly
below what economists had predicted. A measure of manufacturing activity in the Philadelphia area fell sharply. On the
bright side, initial claims for unemployment benefits fell last week.
Lackluster readings on manufacturing in China and Europe weren't making investors nervous either.
Some traders said stocks were benefiting from a move out of bonds as investors look for more risky assets. The yield on the
10-year Treasury note rose to 2.77%, up from 2.74% Wednesday. Bond yields rise when prices fall.
Investors are still digesting meeting minutes released Wednesday by the Federal Reserve. While the Fed remains set on
holding interest rates low for now, a few officials raised the possibility of increasing rates "relatively soon."
Facebook's $19 billion bet on texting. The market was buzzing with chatter about Facebook, which announced plans
Wednesday to buy messaging platform WhatsApp for $19 billion in cash and stock.
Despite the eye-popping price tag, analysts say the deal makes sense. WhatsApp gives Facebook access to the global textmessaging market, which should help the social network retain its younger users. Analysts at Goldman Sachs said they

money.cnn.com/2014/02/20/investing/stocks-markets/index.html?iid=HP_LN

1/3

2/20/14

Stocks push higher despite mixed economic news - Feb. 20, 2014

believed the acquisition "will help drive increased engagement."


The deal also means Facebook doesn't have to worry about a rival social media company scooping up WhatsApp and its
millions of dedicated users, according to Jack Kent, an analyst at IHS Technology,
"Facebook could not risk WhatsApp's 450 million monthly and 315 million daily active users falling into the hands of a
competitor, such as Google," he said.
Google (

GOOG, Fortune 500) reportedly offered to buy WhatsApp for $10 billion, but was rebuffed.

Still, not all investors are convinced the move is wise. Some traders on StockTwits criticized Facebook for the deal, which
includes $4 billion in cash, $12 billion in stock and another $3 billion in grants.
"$FB paying $16 billion for an app $GOOG only wanted to pay $10 for? bad management = lower prices here for $FB stock
under $60 coming," said StockTwits user UPB.
Facebook shares rose more than 3% to trade near $70 on Thursday.
Another trader believes the tech industry may be losing touch with reality.
"$FB already inflated stock is being used to buy another surreal valuation firm. reality strikes eventually. Remember all 1999
acquisitions?" said amigobulls.
Related: Fear & Greed Index, still dwelling in fear

BlackBerry has a text service too. The WhatsApp deal raised speculation that other companies with text-messaging
services might be able to cash in as well. Shares of the troubled smartphone maker BlackBerry ( BBRY ), which operates
the BBM messaging service, were up nearly 5%. Interestingly, BlackBerry and Facebook are the two best-performing stocks
in CNNMoney's Tech 30 index this year.
There was a lot of talk on StockTwits about what new BlackBerry CEO John Chen will do with BBM. One trader took a very
bold swipe at WhatsApp.
"$BBRY to think BBM is 10X better then what'scrap and being valued at $0. Chen you are the man to bring the value," said
tonycr.
"$BBRY All it takes is for Chen to separate the four businesses and this stock will sky rocket. Simple as that," said
duke2duke.

No smiley face for Wal-Mart


Wal-Mart ( WMT, Fortune 500) reported quarterly results that topped expectations, but shares of the retail chain fell after
it warned that "economic factors" would weigh on sales this year.
Tesla (

TSLA) shares soared to a new all-time high after the company reported much stronger than expected profits

money.cnn.com/2014/02/20/investing/stocks-markets/index.html?iid=HP_LN

2/3

2/20/14

Stocks push higher despite mixed economic news - Feb. 20, 2014

and said it will sell 55% more vehicles this year than in 2013.
Related: Jack Lew discusses minimum wage, immigration and Bitcoin

Shares in BAE Systems (


earnings in 2014.

BAESF) were down after the defense contractor warned that U.S. budget cuts would hurt

Safeway ( SWY , Fortune 500) shares gained after the supermarket chain's management announced they are in talks to
sell the company.
Related: CNNMoney's Tech 30

Shares of DirecTV (
stock.

DTV , Fortune 500) were up after the company announced plans to repurchase $3.5 billion of its own

Actavis ( ACT, Fortune 500) shares were up after it said earnings doubled in the fourth quarter. The company announced
plans earlier this week to buy Forest Laboratories ( FRX) for $25 billion. Forest shares were also higher.
After the market closed, Hewlett-Packard ( HPQ, Fortune 500) reported better-than-expected quarterly earnings and
issued an upbeat outlook. The stock was flat in extended trading.
Groupon ( GRPN) and Priceline.com ( PCLN, Fortune 500) both reported results that topped analysts' expectations.
Both shares soared initially after hours but later pulled back.
Related: Bank of America CEO gets 17% pay hike

European markets ended mixed. Most Asian markets closed with losses.
HSBC's preliminary reading of Chinese manufacturing activity fell to a seven-month low in February. A survey of
European purchasing managers also came in weaker than analysts were expecting.

First Published: February 20, 2014: 9:56 AM ET

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2/24/14

Sensex rebounds 164 points - The Hindu

Business Markets
Published: February 21, 2014 10:16 IST | Updated: February 21, 2014 16:38 IST

Sensex rebounds 164 points


PTI

A file photo of the Bombay Stock Exchange.

PTI

Heavy buying in banking, capital goods and IT bluechips helped the Sensex rebound over 164 points on Friday amid a
strong show in global markets, helping the BSE benchmark register its first weekly gain in four.
The 30-share BSE index, which had lost 186.33 points in the previous trading session, recovered 164.11 points, or 0.80
per cent, to end at 20,700.75. Intra-day, it moved between 20,599.91 and 20,725.04 range.
Axis Bank, L&T, ITC and Tata Steel led the 21 Sensex gainers. Bharti Airtel was the biggest among nine laggards.
Fridays Sensex gain is its fifth rise in six days and drove the index to end 333.93 points higher for the week, which
saw optimism over interim budget announcements. It had shed points in each of the previous three weeks.
The 50-scrip NSE index Nifty on Friday regained the key 6,100 level by rising 64 points, or 1.05 per cent, to end at
6,155.45. For the week, the NSE barometer gain 107.10 points.
Among banking stocks, Axis Bank jumped 2.85 per cent, ICICI Bank rose 1.62 per cent and SBI spurted 1.46 per cent.
Stocks of cement firms such as Ultratech, Shree Cement, Ambuja Cement and ACC saw good demand on speculation
of a hike in prices, said traders.
Bharti Airtel slipped 2.91 per cent on worries of USD 3 billion payouts over a 5 per cent stake claimed by Econet
Wireless in the Indian majors Nigerian unit after losing a court case in the African nation.
Sectorally, the BSE Capital Goods index gained the most and increased 1.24 per cent. It was followed by FMCG index
(1.20 per cent), the Banking index (1.16 per cent) and IT sector index (1.16 per cent).
Keywords: Sensex, BSE, Nifty, Indian stock market, NSE
Printable version | Feb 25, 2014 4:17:06 AM | http://www.thehindu.com/business/markets/sensex-rebounds-164points/article5712771.ece
The Hindu

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1/1

2/24/14

Sensex at 1-month high; gains 110 points - The Hindu

Business Markets
Published: February 24, 2014 10:07 IST | Updated: February 24, 2014 16:57 IST

Sensex at 1-month high; gains 110 points


PTI

The BSE benchmark index Sensex on Monday rose by 110 points to close at a one-month high level on increased
buying in capital goods and banking stocks despite a weak global trend.
After a weak start, the 30-share index gained 110.69 points, or 0.53 per cent, to settle at 20,811.44 points, a level last
seen on January 24.
Brokers said market remained bullish since last week after the government announced several measures to contain
fiscal deficit and highlighted diminishing price pressures in its interim budgetary proposals.
The current rally was backed by banking and capital goods sectors on expectations that improving economic growth
might boost the corporate earnings, they said.
The broad-based National Stock Exchange index Nifty rose by 30.65 points, or 0.50 per cent, to 6,186.10, after
touching an intra-day low of 6,130.80.
Engineering major Larsen & Toubro rose by 2.85 per cent after its subsidiary L&T Infrastructure Development
Projects secured FIPB approval for FDI worth Rs 1,000 crore. Power equipment maker BHEL too jumped 3.95 per
cent on increased investment buying.
Among banking stocks, Axis Bank rose by 3.96 per cent, ICICI Bank by 0.91 per cent and HDFC Bank by 1.44 per cent,
pushing the banking index up by 1.19 per cent to 12,192.66.
In 30 Sensex stocks, 22 closed with gains. Tata Power was the top performer on the benchmark surging by 5.02 per
cent after power regulator CERC allowed it to raise tariff and as well as seek compensation of around Rs 330 crore.
Outside the index, ICRA shot up 19.41 per cent to Rs 1,913 after Moodys made an offer to raise its stake in the creditratings agency.
In global markets, Asian stocks lost ground while Europen market opened weak.
Keywords: Sensex, opening trade, profit booking
Printable version | Feb 25, 2014 4:27:02 AM | http://www.thehindu.com/business/markets/sensex-at-1month-highgains-110-points/article5721536.ece
The Hindu

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1/1

2/24/14

S&P fails to hold record levels - Feb. 24, 2014

S&P fails to hold record levels


By Ben Rooney @CNNMoneyInvest February 24, 2014: 4:20 PM ET

Click for more market data.

55

55

TOTAL SHARES

NEW YORK (CNNMoney)

The bulls couldn't hold the line. After rising to an all-time high earlier Monday, the S&P 500 closed just shy of a record.
The S&P 500 soared above the key 1,850 level in the afternoon, before pulling back late in the day to end at 1,847.71.
The Dow Jones industrial average added just over 105 points. The Nasdaq also gained ground.
Stocks have bounced back from a rough January, when investors were rattled by turmoil in emerging markets. The S&P
500, which fell 3% in January, is now flat for the year.
J.J. Kinahan, chief derivatives strategist at TD Ameritrade, said investors have been encouraged by a flurry of corporate
deal making and stock buybacks announced in recent weeks. "There seems to be some buying momentum in the market,"
he said.
Investors are also looking ahead to testimony from Federal Reserve chair Janet Yellen on Thursday. Yellen told
lawmakers earlier this month that the Fed will continue to taper its bond buying program this year, but she stressed the need
to keep interest rates low for a long time.
While the U.S. economy has shown some signs of weakness, many economists say major storms in December and January
distorted the data. This week, investors will sort through reports on housing, consumer spending and the government's
second reading of fourth-quarter gross domestic product -- the broadest measure of economic growth.
Meanwhile, corporate earnings have also helped give stocks a boost.
Earnings for the companies in the S&P 500 that have reported results so far grew 8.5% on average in the fourth quarter,
according to FactSet Research. The growth was stronger than what analysts had predicted, with 72% of the S&P 500
topping expectations.

money.cnn.com/2014/02/24/investing/stocks-markets/index.html?iid=H_MKT_News

1/3

2/24/14

S&P fails to hold record levels - Feb. 24, 2014

Companies have also reported improved sales numbers, though overall revenue growth remains weak. In the current
quarter, analysts say cold weather could weigh on corporate sales and profits.
Related: Fear & Greed Index idling in neutral

Icahn vs. eBay: Activist investor Carl Icahn blasted eBay ( EBAY , Fortune 500) CEO John Donahoe for failing to
address "blatant" conflicts of interest involving two members of the company's board, venture capitalist Marc Andreessen
and Scott Cook.
Icahn, who owns a "significant position" in eBay stock, has proposed separating the company's traditional online auction
business from its PayPal payment processing business.
eBay shot back, issuing a statement denouncing Icahn's "mudslinging attacks" on its directors.
Shares of eBay were up despite the noise. Traders on StockTwits seemed to believe the fight was just getting started.
"This $EBAY will be a freaking war. war. Andreeesen will NOT back down and take it to twitter with Carl. Thrilling board
room drama ahead," said howardlindzon.
If they can't settle their differences on Twitter (

TWTR), another trader suggested swords.

"$EBAY I am in favour of Icahn rocking their boat. Money men need to be challenged AND be forced to raise their sword
every now and then," said Morpheus.
Netflix gets connected. Comcast ( CCV ) said Sunday that it will allow Netflix ( NFLX) to connect directly to its
broadband network, allowing for faster streaming. Netflix is expected to pay Comcast for the access, yet it's unclear how
the added expense may impact subscription fees.

Market cheers Netflix-Comcast deal


Some traders were surprised to see Netflix shares move higher, given the uncertainty around the cost of the deal with
Comcast.
"$NFLX This stock is moving the wrong direction. Same service for more money?" said zer0sum.
At least one bearish trader was considering changing sides.
"$NFLX Maybe I should just go long and watch it hit $1000 in a month for no reason," said tangsting.
HSBC (

HSBC) shares slid after the bank reported earnings that came in below expectations.

Blackberry ( BBRY )shares rose on rumors that it could replace Microsoft (


Fortune 500) future generation cars with smartphone technology.

MSFT, Fortune 500) to power Ford's (

F,

Related: CNNMoney's Tech30

money.cnn.com/2014/02/24/investing/stocks-markets/index.html?iid=H_MKT_News

2/3

2/24/14

S&P fails to hold record levels - Feb. 24, 2014

European markets ended higher, while most Asian markets moved lower.
The G20 -- the world's 19 richest nations and the European Union -- pledged to install policies that will add $2 trillion to the
world economy over the next five years. The group committed to "significantly raise global growth," according to a statement
following a weekend meeting in Australia.
In Ukraine, the whereabouts of ousted President Viktor Yanukovych remain unknown. Meanwhile, the acting government
has issued an arrest warrant for Yanukovych over the killings of civilians in last week's bloodshed in Kiev.

First Published: February 24, 2014: 9:46 AM ET

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2/24/14

Wall Street Rallies, S&P 500 Sets New Intraday High | Fox Business
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After logging a fresh intraday high, the broad S&P 500 ended the day
Share

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just beneath its record closing high as traders took a bullish position.

Rise as German
Confidence Jumps

0 Com m ents

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NETFLIX INC....

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2/24/14

Wall Street Rallies, S&P 500 Sets New Intraday High | Fox Business

"Despite the weather-related data distortions, our outlook for the

What's this?

equity market hasn't changed much in the first seven weeks of the

Jobs Reports

year," he wrote in a note to clients. "While we believe downside risk is


limited, paying a slightly above-average price for somewhat belowaverage earnings growth implies entry points are critical; we don't find
[S&P 500 around] 1840 attractive.
The U.S. data docket fairly light on the day. Former Federal Reserve
Chairman Alan Greenspan will be speaking at a conference held by

Weekly jobless claims fall to


336,000

the National Association of Business Economists. His comments

U.S. Econom y Adds Just 113,000 Jobs in January

generally aren't market moving, but they could garner attention on a

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quiet day for economic data.


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GE

+1.40%

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by 0.34% to $2.824 a gallon. Gold climbed $9.50, or 0.72%, to

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2/24/14

Wall Street Rallies, S&P 500 Sets New Intraday High | Fox Business

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Business
Published: February 26, 2014 10:26 IST | Updated: February 26, 2014 17:12 IST

Sensex gains 134 points to extend rally for 4th day


PTI

The 30-share Sensex, which had gained nearly 316 points in the past three sessions, moved up by another 41.18 points, or 0.20 per cent, to
20,893.65 with power, banking, consumer durables, healthcare and capital goods sectors leading the rise. File Photo

PTI

FIIs continue to show optimism

The BSE benchmark index Sensex rose for the fourth day on Wednesday ending 134.52 points higher at 20,986.99 on
buying in bluechips led by GAIL, ITC and Infosys.
Buying by investors to cover their pending positions on settlement in the derivatives segment helped the barometer
touch 21,000 level in day trade after a gap of over one month.
The index gained 316 points in the previous three sessions.
The broad-based National Stock Exchange index Nifty rose by 38.75 poins, or 0.62 per cent, to 6,238.80 led by FMCG
and capital goods stocks.
FIIs continued to show optimism in the Indian stock market, and were net buyers, particularly since last two weeks,
and this also boosted market sentiment, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio Limited.
Brokers said the market remained in bullish mood ever since the government pledged to narrow down fiscal deficit
and tax cuts in the interim budget last week.
Among Sensex stocks, Gail was the biggest gainer rising by 2.97 per cent. FMCG major ITC jumped 2.07 per cent,
HDFC by about 1 per cent and Mahindra & Mahindra by 2 per cent. Wipro touched its 52-week high before closing up
by 1.38 per cent.
On the other hand, Sesa Sterlite and Tata Steel were among the biggest losers with losses of up to 3.23 per cent.
In 30-BSE index components, 22 stocks gained.
The FMCG sector index gained the most by rising 0.99 per cent to 6,505.67 followed by capital goods by 0.94 per cent
to 10,254.45. Auto sector index rose by 0.86 per cent to 12,427.90 and healthcare index by 0.82 per cent to 10,599.49.
The market will remained close tomorrow on account of Mahashivratri
Keywords: Sensex, BSE, Nifty, NSE, Asian markets, opening trade
Printable version | Feb 26, 2014 7:14:26 PM | http://www.thehindu.com/business/sensex-gains-134-points-toextend-rally-for-4th-day/article5728564.ece
The Hindu

2/27/14

Sensex touches 21000-mark - The Hindu

Today's Paper BUSINESS


Published: February 27, 2014 00:00 IST | Updated: February 27, 2014 05:48 IST

Sensex touches 21000-mark


The benchmark BSE Sensex, on Wednesday, breached the 21000-mark after a month, but settled the day a tad lower
at 20986.99, a gain of 135 points, amid mixed trends from global markets.
The 30-share barometer resumed the day stable. It touched intra-day high of 21005.04 but lost a little momentum
and end Pat 20986.99, a rise of 134.52 points from its last close.
In straight four sessions, the Sensex has surged by 450.35 points or 2.19 per cent.
The 50-share Nifty on NSE also improved further by 38.75 points to 6238.80. PTI
Rupee loses 4 paise

At the inter-bank foreign exchange market on Wednesday, the rupee commenced slightly lower at 61.96 a dollar from
its previous close of 61.94. It traded in a narrow range of 61.90 and 62.06 before concluding at 61.98, down four paise
from its last close. PTI
Printable version | Feb 28, 2014 2:46:51 AM | http://www.thehindu.com/todays-paper/tp-business/sensex-touches21000mark/article5731001.ece
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2/27/14

Stocks: Yellen, retail, and Ukraine in focus - Feb. 27, 2014

Stocks rise as Yellen impresses again


By Jesse Solomon @JesseSolomonCNN February 27, 2014: 2:29 PM ET

Click the chart for more markets data.

22

22

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks rose modestly Thursday as investors listened to testimony from Federal Reserve Chair Janet Yellen and dug into the
earnings of some troubled retailers.
The Dow, S&P 500, and Nasdaq closed little changed Wednesday. But the S&P 500 is still close to its record high.
Investors around the world once again turned to the Fed for clues about monetary policy.
Yellen testified before the Senate Banking Committee this morning. She blamed recent lackluster economic data on unusually
bad weather, but said it is difficult to pinpoint exactly what effect the weather had on the economy overall.
The Fed has asserted that the economy is steadily improving. As such, it began dialing back, or tapering, the size of its monthly
bond purchases in December. It currently is buying $65 billion in bonds per month, down from $85 billion a month last year.
Market strategists expect the Fed to keep scaling back its bond-buying program, but listened in to Yellen for hints about when
the central bank may raise interest rates. To that end, Yellen maintained the Fed's stance that interest rates will stay low for
some time. Still, minutes from the Fed's January meeting showed some internal debate about whether rates should be raised
sooner rather than later.
Yellen was originally scheduled to speak two weeks ago when she also testified before the House, but her appearance was
delayed due to bad weather. Stocks rallied following her comments two weeks ago.
Investors were also keeping a close eye on the tension in Ukraine. European markets finished the day mixed as traders fretted
about the formation of a new Ukrainian government and its increasingly dire economic situation. Asian markets also ended with
mixed results.
In corporate news, investors seemed to like what they're hearing from some struggling retailers.

cnnfn.cnn.com/2014/02/27/investing/stocks-markets/index.html?iid=mkt_SF_news

1/2

2/27/14

Stocks: Yellen, retail, and Ukraine in focus - Feb. 27, 2014

Shares of J.C. Penney ( JCP, Fortune 500)soared almost 25% after the retailer reported a narrower-than-expected quarterly
loss and said it expects same-store sales to rise by 3% to 5% during the current quarter. After a rough few years, some investors
are hopeful that the company can finally deliver on its much-hyped turnaround strategy.
"$JCP America loves a comeback success story, especially when it's an American company," said MadeofGold on StockTwits.
Still, one StockTwits trader pointed out the irony of such a big spike when the company hasn't yet returned to sustained
profitability.
"$JCP What's funny is that people are buying a company's stock because it is losing money less fast than previously thought,"
said zer0sum.
Best Buy ( BBY, Fortune 500)shares also jumped after the electronics retailer reported quarterly earnings that had returned
to profit from earlier losses. The company has experienced its fair share of problems in recent years as consumers have turned
more to Amazon.com Inc ( AMZN, Fortune 500) and other online stores for deals.
StockTwits trader MarinaStrauss noted that Best Buy's profit wasn't driven by impressive sales.
"#retail recipe to riches: slashing cost, boost profit...$BBY," she said.
Tesla ( TSLA)shares initially got a boost Thursday after the automaker announced it was raising $1.6 billion to fund its
expansion plans. But shares pulled back and were lower in afternoon trading. Still. the electric car company's stock has soared
almost 50% in the past month and hit a high of $265 per share Wednesday.
Shares of eBay ( EBAY, Fortune 500)rose after Carl Icahn issued a letter criticizing the two members of the internet
commerce giant's board of directors for alleged conflicts of interest. It was the activist investor's second letter on the subject
this week.
eBay has defended its board members against the claims. Icahn revealed a stake in the firm earlier this year and is pushing for
eBay to spin off its PayPal business. He also wants to place two of his employees on eBay's board.
A few StockTwits users praised Icahn's campaign Thursday.
"$EBAY God bless Carl. Fight for shareholders and profiting at the same time," said Morpheus.
WhaleTrader remarked that regardless of the outcome of Icahn's clash eBay, the stock has benefited. Shares rallied again
Thursday and are at an all-time high.
"Icahn is a smart man. He knew that even if $EBAY didn't go through with anything that a public battle would make the stock
rise," he said.
Shares of Chinese search engine Baidu ( BIDU) popped after the company posted solid earnings and sales. The stock was the
best performer in CNNMoney's Tech 30 index.

First Published: February 27, 2014: 9:56 AM ET

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Ukraine crisis spills onto world markets
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S&P 500 Sets Fresh Record Closing High | Fox Business


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According to preliminary calculations, the Dow Jones Industrial

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Average advanced 66.9 points, or 0.41%, to 16265, the S&P 500

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rose 8.6 points, or 0.46%, to 1854 and the Nasdaq Composite


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S&P 500 Sets Fresh Record Closing High | Fox Business

In other economic news, the Commerce Department reported orders

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for long-lasting goods fell 1% in January, less than the 1.5% drop Wall

Jobs Reports

Street expected. Excluding the transportation segment, orders rose


What's Driving Stocks?

1.1% , the largest increase since May 2013.

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Meanwhile, the Labor Department said number of Americans filing for

Ukrainian Tug-of-War:
Enough to Trip Wall
Street?

first-time unemployment benefits rose last week to 348,000 from a


downwardly revised 334,000 the week prior. Wall Street was looking
for claims to fall to 335,000 from an initially reported 336,000.

Weekly jobless claims rise to


348,000
U.S. Econom y Adds Just 113,000 Jobs in January
Headline Unem ploym ent Rate Losing its Luster

Generally speaking, the volatility in the Ukraine did little to affect U.S.
equity markets since it was seen as a somewhat isolated protest.
That changed Thursday, according to Peter Boockvar, chief market
analyst at The Lindsey Group, after it became more clear that Russia
would try to tinker with the situation.
Indeed, an unknown group of armed men stormed a parliamentary
building in Crimea (seen as Russian-leaning area) and hung a
Russian flag on the building, according to a report from the BBC.
Still, not all news out of Europe was bad. Italian business confidence
jumped in February, topping expectations. The news sent the
country's bond yields sliding to levels not seen since 2006 as the once

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scary eurozone debt crisis heads deeper into the background.


In corporate news, Best Buy (BBY) posted a tough holiday quarter,
but the results still beat estimates. Sears Holdings (SHLD) revealed
dismal holiday results, but the shares zipped higher. Tesla (TSLA)
unveiled an ambitious plan to manufacture its own batteries across
the U.S. J.C. Penney (JCP) shares got a boost as the retailer said a
key sales metric rose during the holiday season.
Elsewhere, U.S. crude oil futures dipped 11 points, or 0.11%, to
$102.48 a barrel. Wholesale New York Harbor gasoline fell 0.63% to
$2.782 a gallon. Gold climbed $2.70, or 0.2%, to $1,331 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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Wall Street expressed early jitters over


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2/28/14

Sensex ends above 21,000 level after 5 weeks - The Hindu

Business Markets
Published: February 28, 2014 16:43 IST | Updated: February 28, 2014 16:43 IST

Sensex ends above 21,000 level after 5 weeks


PTI

A file picture of Bombay Stock Exchange in Mumbai. Photo: Vivek Bendre.

The Hindu

The benchmark Sensex on Friday jumped over 133 points to reclaim the 21,000 mark buoyed by gains in bluechips
like TCS, Tata Motors and Hindalco, to log the best weekly rise since November 2013.
Brokers said sentiment was strong as foreign investors have remained net buyers of Indian stocks in the past ten days.
Firm global cues also helped after US Fed Chairperson Janet Yellen on Thursday reiterated the Fed is likely to
continue tapering asset purchases at a measured pace.
After gaining 450 points in past four sessions, the BSE Sensex shot up by 133.13 points, or 0.63 per cent, to end at
21,120.12. The index last closed above the 21,000 level on January 24 when it concluded at 21,133.56.
The gauge had touched the days high of 21,140.51 intra-day on Friday. Experts said all eyes are on Indias OctoberDecember quarter GDP growth.
Hindalco led the 18 gainers in 30-share Sensex. TCS, Tata Motors, Sun Pharma, ONGC and BHEL were among
notable winners.
However, Maruti Suzuki led the 12 Sensex losers. Shares of the carmaker lost 4.54 per cent, amid investor concerns
regarding its proposed Gujarat plant.
For the week, the Sensex gained 419.37 points - the biggest rise since the week ending November 29, 2013 when the
barometer surged 574.54 points.
Going ahead, the markets would continue to follow developments on the political scene and geopolitical
developments in Ukraine, said Sanjeev Zarbade, Vice President- Private Client Group Research, Kotak Securities.
The National Stock Exchange index Nifty rose 38.15 points, or 0.61 per cent, to end at 6,276.95, after climbing to
6,282.70 intra-day.
Sectorally, the BSE healthcare sector index gained the most by rising 2.27 per cent, followed by IT index (1.44 per
cent), Auto index (1.37 per cent) and Capital Goods (1.18 per cent). Overall, nine of the 12 sectoral indices gained. Oil
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Sensex ends above 21,000 level after 5 weeks - The Hindu

& gas, consumer durables and FMCG ended in the red.


Global markets, including those in Asia, were positive ahead of reports on American housing, consumer spending and
economic growth.
Keywords: Stock market, BSE, NSE, Bluechips, Foreign investors
Printable version | Feb 28, 2014 10:03:27 PM | http://www.thehindu.com/business/markets/sensex-ends-above21000-level-after-5-weeks/article5736476.ece
The Hindu

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2/28/14

S&P 500 ends at record high - Feb. 28, 2014

S&P 500 ends February at record high


By Ben Rooney @CNNMoneyInvest February 28, 2014: 4:16 PM ET

Click for more market data.

60

60

TOTAL SHARES

NEW YORK (CNNMoney)

Investors closed out a strong month for stocks with another record high.
The S&P 500 pushed further into record territory Friday, setting a new closing high of just under 1,860. The index was even
higher earlier in the day, but concerns about a potential military conflict between Russia and Ukraine pressured the market in
the afternoon.
"The headlines out of Ukraine suggest more unrest in the region," said Ryan Larson, a senior equity trader at RBC Global Asset
Management. "People don't want to be long heading into the weekend for fear of further escalation."
The Dow ended below its highs of the day, while the Nasdaq closed down slightly.
But all three indexes posted gains for the week, capping a strong month for stocks. The S&P 500 added more than 4% in
February.
The February rally is a sharp turnaround from the mood in January, when investors were spooked by turmoil in emerging
markets.
Stocks got a boost Thursday from Federal Reserve Chair Janet Yellen, who told lawmakers that the weather was probably to
blame for the recent spate of mixed economic data.
Economists say reports on hiring, manufacturing and retail sales in December and January have been skewed by severe winter
storms. But the economy was already losing momentum in the final three months of 2013, according to government data
released Friday.
U.S. gross domestic product -- the broadest measure of economic activity -- grew at an annual rate of 2.4% in the fourth quarter,
the government said. That was weaker than previously estimated and marked a slowdown from the third quarter. But investors

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S&P 500 ends at record high - Feb. 28, 2014

were already expecting the final reading to be revised downwards.


An index of manufacturing in the Chicago area came in better than expected, according to the Institute for Supply Management.
And the University of Michigan's final reading on consumer sentiment in February also narrowly beat expectations.
Related: Fear & Greed Index still shows greed

What's moving: Tesla ( TSLA) shares pulled back, cutting this week's gain to about 17%. The electric car company announced
plans Wednesday to raise $1.6 billion for the construction of a giant battery factory, a crucial step towards building a mass
market vehicle.
After such a strong rally, some Tesla bulls were sounding a note of caution on StockTwits
"$TSLA I love this company but would be a little careful of the stock here," said MrX.
Other traders said demand for Tesla shares is being diluted by the offering of convertible notes.
"No $TSLA buyers left after massive volume pre convertible bond offer," said SkepticalBull.
Activist investor Carl Icahn penned yet another angry letter to eBay ( EBAY, Fortune 500) shareholders, reiterating his push
to separate the company's online auction business from its payment service PayPal. eBay's board has already rejected the
proposal and dismissed Icahn's allegations of conflicts of between board members and shareholders.
Despite the drama, eBay shares rose to an all-time high. The stock was one of the biggest movers in CNNMoney's Tech 30
index. Traders seem to enjoy watching the controversy play out.
"$EBAY testing all time highs, check, great chart, check, Ichan is involved, check, bullish option flow check, SELL? LOL" said
Orthokneepa.

3D printing is not a bubble


Shares of 3D Systems ( DDD) gained after the maker of 3D printers reported strong quarterly results and issued an upbeat
outlook. But shares of other companies in the 3D printing industry, including Stratasys ( SSYS), Exone ( XONE) and voxeljet
( VJET), were mixed.
3D printing stocks have lost momentum since 3D Systems cautioned that its strong growth may slow this year. But the
company's latest results seemed to reassure investors.
Related: CNNMoney's Tech 30

Citigroup ( C, Fortune 500)reduced its previously reported fourth quarter results by $235 million to account for fraudulent
activity in its Mexican subsidiary.
Shares of United Airlines ( UAL, Fortune 500)slid after the airline said it had to cancel 22,000 flights during the first two
months of the year because of the weather, prompting a profit warning.

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S&P 500 ends at record high - Feb. 28, 2014

Deckers Outdoor, ( DECK) maker of the Australian sheepskin UGG boot, reported quarterly results that beat analysts'
expectations. But the stock plunged 13% on a disappointing outlook for earnings this year.
The news made one trader nauseous. "$DECK BRB about to puke in the wife's UGGs," said callaway.
European markets ended mixed. Asian stocks were also mixed. China's currency was grabbing headlines as it continued its
sharp move downwards versus the U.S. dollar.

First Published: February 28, 2014: 9:44 AM ET

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Wall Street Posts Solid Month Despite Ukraine Turmoil | Fox Business

Michael Block, chief strategist at Rhino Trading Partners, pinned the

What's this?

sharp fall on rising tension in Ukraine. Indeed, a headline crossed

Jobs Reports

from AFP that Russia sent 2,000 troops into Crimea, a Russianleaning portion of embattled Ukraine.
"The reality of this ugly situation in the Crimea is dovetailing with the
end to a nice month for longs and given the run up, folks are parking
the bus," he said. "Thats it really."

Weekly jobless claims rise to


348,000

Peter Boockvar, chief market analyst at The Lindsey Group, echoed

U.S. Econom y Adds Just 113,000 Jobs in January

those remarks, although he noted the euro, which has been a key

Headline Unem ploym ent Rate Losing its Luster

indicator of tension there, remained near session highs. He also


pointed to a roughly 0.75% drop in Apple (AAPL) shares and a
pullback in Tesla (TSLA) as indicative of traders taking money off the
table.
A reading on consumer sentiment from Thomson Reuters and the
University of Michigan rose slightly in late February to 81.6 from 81.2
earlier in the month, topping estimates of 81.3.
The Institute for Supply Management-Chicago said its gauge of
manufacturing in the U.S. Midwest rose to 59.8 in February,
compared to 59.6 the month prior, and higher than the 57 Wall Street

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anticipated. Readings above 50 point to expansion, those below


indicate contraction.
Meanwhile, the National Association of Realtors reported contracts to
buy previously-owned homes rose 0.1% in January, lower than the 2%
increase Wall Street anticipated. Meanwhile, sales were down 9%
from the same period the year prior.
A report from the Commerce Department at 8:30 a.m. ET showed the
U.S. economy grew at an annual pace of 2.4% in the fourth quarter,
down sharply from a previous reading of 3.2%.
In corporate news, a German court chucked a $2 billion patentinfringement lawsuit that was filed against tech giant Apple (AAPL).
Jos. A. Bank (JOSB) said it would meet with Men's Wearhouse
(MW) over its buyout offer.
Mt. Gox, which was once one of the largest bitcoin exchanges, filed
for bankruptcy on Friday, saying it lost some half-a-billion dollars in
people's holdings.
Elsewhere, U.S. crude oil futures fell by 2 cents, or 0.02%, to $102.38
a barrel. Wholesale New York Harbor gasoline dipped 0.43% to
$2.75 a gallon. Gold fell slightly to $1,332 a troy ounce.

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1/3

3/4/14

Sensex rebounds 263 points as tension in Ukraine eases - The Hindu

Business Markets
Published: March 4, 2014 09:59 IST | Updated: March 4, 2014 18:14 IST

Sensex rebounds 263 points as tension in Ukraine eases


PTI

The benchmark Sensex today rebounded 263 points, clocking its best daily gain in 7 weeks, led by metal, banking and
capital goods shares as global investor sentiment improved on reports that tension between Russia and Ukraine
appeared to be easing.
After falling 173 points in the previous session, the BSE Sensex shot up by 263.08 points, or 1.26 per cent, to end at
21,209.73, a level last seen on January 23. Todays gain was the best rise since 375.72point jump on January 13.
ICICI Bank, RIL and L&T led 28 gainers in 30share Sensex. Hindalco and Sesa Sterlite were the biggest gainers.
Dr Reddys and Sun Pharma were the two laggards.
Metal outshined other sectors. The BSE Metal sector index gained the most by rising 3.31 per cent, followed by
Banking index (up 2.47 per cent), Capital Goods index (2 per cent) and Consumer Durables index (1.95 per cent).
Overall, 10 of the 12 BSE sectoral barometers gained. IT and healthcare fell.
Brokers said investor confidence in emerging markets was boosted after Russia President Vladimir Putin ordered tens
of thousands of Russian troops participating in military exercises near Ukraines border to return to their bases.
The 50share NSE index Nifty shot up 76.50 points, or 1.23 per cent, to end at 6,297.95, after hitting a crucial 6,300
mark level in intraday trade.
Last session had seen heavy selling pressure following tensions or uncertainties rising from Ukraine and Russia
issues. However, as hopes revive that soon peaceful solution shall be met, market sentiment was boosted by recovery
in other global markets too, said Rakesh Goyal, Senior Vice President, Bonanza Portfolio.
Keywords: sensex, BSE, Nifty, NSE, closing trade
Printable version | Mar 4, 2014 8:33:38 PM | http://www.thehindu.com/business/markets/sensex-rebounds-263points-as-tension-in-ukraine-eases/article5749117.ece
The Hindu

www.thehindu.com/business/markets/sensex-rebounds-263-points-as-tension-in-ukraine-eases/article5749117.ece?css=print

1/1

3/4/14

Stocks bounce back as Ukraine fears ebb - Mar. 4, 2014

Stocks surge as Ukraine fears ebb


By Ben Rooney @CNNMoneyInvest March 4, 2014: 4:12 PM ET

Click for more market data.

239

239

TOTAL SHARES

NEW YORK (CNNMoney)

Investors jumped back into stocks Tuesday as worries about a military conflict between Russia and Ukraine abated.
The Dow Jones industrial average gained 228 points, or 1.4%. It was the biggest gain of the year for the Dow. The S&P 500 rose
to a new all-time high while the Nasdaq gained nearly 1.8%. And all but three of the 30 companies in the CNNMoney Tech 30
Index were higher.
Stocks plunged Monday as Russian troops moved into the strategically important Crimea Peninsula in Ukraine, raising the
threat of an outright military conflict between the two countries.
But tensions eased Tuesday after President Vladimir Putin said Russia has no plans to take over the region, though he stressed
that Moscow reserves the right to use military force to protect Russian speakers in Ukraine.
While investors welcomed Putin's comments, the situation in Ukraine remains highly volatile. Both President Obama and
Secretary of State Kerry criticized Russia's actions Tuesday. The White House is considering sanctions, while U.S. and European
leaders have pledged to support the fledgling government in Kiev.
Related: Why Europe will balk at Russian sanctions

Meanwhile, investors bailed out of the safe haven assets they rushed into Monday. Gold prices fell more than 1%, while the
yield on 10-year U.S. Treasury bonds rose to 2.69% from 2.60% late Monday. Bond rates increase as prices fall.
The CNNMoney Fear & Greed index surged Tuesday and was back in 'Greed' territory after falling to the 'Neutral' level on
Monday. One trader on StockTwits was surprised the index was not signaling even more greed in the market.
"$IWM $SPY $QQQ $DIA Fear&Greed index is 72 now. Would have thought it would be higher given this move today," said
Andrew_C.

money.cnn.com/2014/03/04/investing/stocks-markets/index.html?iid=SF_E_MPM

1/3

3/4/14

Stocks bounce back as Ukraine fears ebb - Mar. 4, 2014

Traders were particularly impressed by the demand for companies with smaller market values and technology firms, which are
generally considered more risky investments.
"$QQQ 57 new s&p highs!!! Not even WWIII can stop this rally!!!!" said PGA4. The PowerShares QQQ Trust (
that mimics the Nasdaq 100, gained more than 1%, but remains well below the tech-bubble peak of 2000.
The iShares Russell 2000 index (

QQQ), an ETF

IWM) ETF, which tracks small company stocks, rose to an all-time high.

"It's bullish that the small caps have broken out to new highs. Russell 2000 up 4% YTD. $IWM," said TraceyRyniec.
But not all traders were so quick to disregard the possibility of more tension in Ukraine.
"$IWM if it was all teddy bears, ponies and butterflies, the vix would be lower than this. Putin's not done yet..." said
WhatTheChuck.
The market's so-called fear gauge, the CBOE Market Volatility Index ( VIX) or VIX, fell 11%, but is still up more than 3% for the
year. (The VIX is one of seven indicators tracked in the CNNMoney Fear & Greed Index.)
Russia's main stock market index soared more than 4% after suffering an 11% fall Monday.
Europe's leading markets also bounced back. Asian stock markets ended sharply higher as well.
Related: Putin says Russia won't annex Ukraine

On the economic front, President Obama released his fiscal year 2015 budget proposal Tuesday. The $4 trillion proposal, which
is not expected to pass Congress, includes more generous tax breaks for working families while scaling back breaks for the rich.
In corporate news, RadioShack ( RSH) shares tumbled more than 20% after the electronics retailer said that it is closing about
1,100 stores, or about 20% of its total, amid plunging same-store sales.

Tobacco stocks get spark from merger rumor


Shares of tobacco company Lorillard ( LO)extended Monday's gains amid ongoing speculation that it could be bought by larger
rival Reynolds American ( RAI, Fortune 500).
Apple ( AAPL, Fortune 500) shares edged higher after the iPhone maker said Chief Financial Officer Peter Oppenheimer
would retire.
Gun maker Smith & Wesson ( SWHC) reported earnings after the close that topped forecasts. Shares rose more than 7% in
extended trading. The stock fell last week after rival Sturm Ruger ( RGR) reported results that disappointed investors.

First Published: March 4, 2014: 9:48 AM ET

money.cnn.com/2014/03/04/investing/stocks-markets/index.html?iid=SF_E_MPM

2/3

3/4/14

Stocks bounce back as Ukraine fears ebb - Mar. 4, 2014

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3/3

3/5/14

Sensex up 67 pts to end near-record close - The Hindu

Business Markets
Published: March 5, 2014 10:04 IST | Updated: March 5, 2014 18:32 IST

Sensex up 67 pts to end near-record close


PTI

The benchmark Sensex today extended gains by rising 67 points to end near its record close on sustained buying
driven by positive global cues.
Thawing of Ukraine crisis and upbeat economic data from China helped domestic markets, said traders.
After gaining 263.08 points in the previous session, the Sensex advanced 67.13 points, or 0.32 per cent, to end at
21,276.86, a fresh sixweek high.
At this level, the index is just 100 points away from its record closing high of 21373.66 on January 23.
ICICI Bank, whose shares jumped 2.7 per cent, alone contributed about 41 points to Sensexs 67.13point rise.
Seventeen stocks gained in 30share Sensex while 13 ended lower. Major Sensex gainers include SBI, Infosys, Axis
Bank, HDFC, Maruti Suzuki, L&T, ONGC, Sun Pharma and Cipla.
The 50share NSE index Nifty crossed key 6,300 level by adding 30.70 poins, or 0.49 per cent, to end at 6,328.65.
Strength in global markets and positive economic data from China has boosted market sentiment. Sentiment shall
also be impacted preelections and market may continue to show volatility ahead of the main elections time, said
Rakesh Goyal, Senior Vice President, Bonanza Portfolio.
Election Commission announced dates for the highstakes Lok Sabha elections to be held between April 7 and May
12.
Market sentiment remained bullish for the second day as fears of an imminent military conflict in Ukraine eased.
Overseas investors bought Indian shares worth Rs 185 crore yesterday, their eleventh straight day of buying, analysts
said.
www.thehindu.com/business/markets/sensex-up-67-pts-to-end-nearrecord-close/article5752472.ece?css=print

1/2

3/5/14

Sensex up 67 pts to end near-record close - The Hindu

Sectorally, the BSE Realty sector index gained the most by rising 1.95 per cent, followed by Banking index (up 1.47 per
cent), Capital Goods index (1.13 per cent) and Metal index (0.68 per cent).
Keywords: BSE, sensex, Nifty, NSE, closing trade
Printable version | Mar 5, 2014 11:23:45 PM | http://www.thehindu.com/business/markets/sensex-up-67-pts-to-endnearrecord-close/article5752472.ece
The Hindu

www.thehindu.com/business/markets/sensex-up-67-pts-to-end-nearrecord-close/article5752472.ece?css=print

2/2

3/6/14

Sensex, Nifty surge to new lifetime highs - The Hindu

Business Markets
Published: March 6, 2014 10:28 IST | Updated: March 6, 2014 16:59 IST

Sensex, Nifty surge to new lifetime highs


PTI

The Sensex today soared 237 points to end at a new lifetime high of 21,513.87 on heavy buying by foreign investors
across bluechip banking, oil&gas and metal shares as sentiment remained buoyant after a sharp drop in current
account deficit.
The NSE Nifty index also jumped 72.50 points to end at a new record closing high of 6,401.15.
ICICI Bank, RIL and L&T led the 24 gainers in 30share Sensex. Hindalco and BHEL clocked the best gains.
The Sensex surpassed its previous record closing level of 21,373.66 set on January 23, 2014. The gauge today also
logged an intraday new record high of 21,525.14.
The Sensex has gained 567.22 points in 3 straight days.
The Niftys previous record closing high of 6,363.90 was made on December 9, 2013.
Indias current account deficit fell to USD 4.2 billion, or 0.9 per cent of GDP, in December quarter of 201314 on the
back of rise in exports and fall in gold imports.
Brokers said sentiment firmed up on optimism that a shrinking current account gap will bolster the rupee and spur
overseas investors to increase holdings of Indian shares.
The rupee was trading at this years highest level of 61.27 against US dollar when stock markets closed.
Positive cues trend in the Asian region and higher opening in Europe as investors awaited the central banks interest
rate decision and US data on jobless claims, further supported the domestic market surge, traders said.
Sectoraly, the BSE Realty sector index gained the most by rising 4.09 per cent, followed by Power index (2.45 per
cent), Metal index (2.23 per cent) and Oil & Gas index (2.23 per cent). However, the Healthcare index fell 0.27 per
cent.
Market has hit a new high on the basis of strong FII flows as well as increasing retail participation. Normally it is
seen that there is pre election rally and that is what is reflected in the levels. We feel a strong political mandate would
result into increasing level of optimism and hence new levels for the market, said Motilal Oswal, CMD, Motilal Oswal
www.thehindu.com/business/markets/sensex-nifty-surge-to-new-lifetime-highs/article5756001.ece?homepage=true&css=print

1/2

3/6/14

Sensex, Nifty surge to new lifetime highs - The Hindu

Financial Services Ltd.


Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets
Printable version | Mar 6, 2014 6:45:46 PM | http://www.thehindu.com/business/markets/sensex-nifty-surge-tonew-lifetime-highs/article5756001.ece
The Hindu

www.thehindu.com/business/markets/sensex-nifty-surge-to-new-lifetime-highs/article5756001.ece?homepage=true&css=print

2/2

3/6/14

S&P Logs Fresh High on Upbeat Jobs Data | Fox Business


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By Adam Samson / Pub lished March 06, 2014 / FOXBusiness

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3/6/14

S&P Logs Fresh High on Upbeat Jobs Data | Fox Business

On the U.S. front, the Labor Department said number of Americans

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3/7/14

Sensex soars 406 points, just shy of 22k mark - The Hindu

Business
Published: March 7, 2014 17:11 IST | Updated: March 7, 2014 17:12 IST

Sensex soars 406 points, just shy of 22k mark


PTI

The Hindu
Bhel, ICICI Bank, Axis Bank and Reliance Industries were among the 22
gainers in the 30-share BSE Sensex, which on Friday hit lifetime high of 21,960.89
less than 40 points shy of the 22,000 mark. File photo

All-time record highs for Sensex at 21,919.79 and Nifty at 6,526.65 as investor wealth balloons by nearly Rs 85,000 crore on strong FII
support.

Indian markets were on fire on Friday with the Sensex surging to a new closing high of 21,919.79 and the Nifty
soaring to yet another record close of 6,526.65 as foreign investors continued to support the pre-election rally.
Realty, Banking, Capital Goods, and Oil& Gas indices notched up smart gains in the 3.7-5.4 per cent range, helping
investor wealth balloon by nearly Rs 85,000 crore.
Despite the strength in the index, IT and pharma stocks were under pressure as the rupee strengthened to 60-level
against the US dollar intra-day.
Bhel, ICICI Bank, Axis Bank and Reliance Industries were among the 22 gainers in the 30-share BSE Sensex, which on
Friday hit lifetime high of 21,960.89 less than 40 points shy of the 22,000 mark. It gained 405.92 points over
Thursdays close. In four days, the Sensex has gained over 973 points.
On Thursday, it had closed at 21,513.87, surpassing previous closing high of 21,373.66 set on January 23, 2014.
The NSE Nifty on Friday hit a lifetime high of 6,537.80, crossing its previous record of 6,415.25 hit on December 9,
2013. It ended at a new record close of 6,526.65, up 125.50 points over Thursdays close.
Finance Minister P Chidambaram on Friday said the fiscal and current account deficits are under control and the
economy is more stable than it was 18 months back.
Euphoria continues on Dalal Street. It was broadly on the hope the pre-election rally fuelled by foreign funds, along
with an increased participation from retail investors will drive markets higher in near-term, said Jayant Manglik,
President, retail distribution, Religare Securities.
Surging Indian equities received another push on firming Asian trend and higher opening in Europe as investors
awaited the US payrolls data later on Friday. Foreign Institutional Investors were net buyers of Indian shares in
fifteen straight sessions.
Sectorally, the interest-sensitive BSE Realty sector index gained the most by rising 5.40 per cent, followed by Banking
www.thehindu.com/business/sensex-soars-406-points-just-shy-of-22k-mark/article5761027.ece?homepage=true&css=print

1/2

3/7/14

Sensex soars 406 points, just shy of 22k mark - The Hindu

index (up 5.35 per cent), Capital Goods index (4.05 per cent) and Oil & Gas index (3.65 per cent).
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade, FII rally, record high
Printable version | Mar 7, 2014 6:10:53 PM | http://www.thehindu.com/business/sensex-soars-406-points-just-shyof-22k-mark/article5761027.ece
The Hindu

www.thehindu.com/business/sensex-soars-406-points-just-shy-of-22k-mark/article5761027.ece?homepage=true&css=print

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3/18/14

Bulls Charge Amid Eastern Europe Hopes, China News | Fox Business
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By Adam Samson / Pub lished March 17, 2014 / FOXBusiness

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3/18/14

Bulls Charge Amid Eastern Europe Hopes, China News | Fox Business

"The change is likely aimed at generating greater exchange rate

What's this?

flexibility, which has been a well-publicized top reform priority for the

Morning Biz Outlook

PBoC. Given recent weakness in Chinese economic activity and


continued concerns about domestic financial sector risks, we now
expect further [renminbi] depreciation in the near term," analysts at
Barclays wrote to clients on Monday.
A near-term depreciation against the greenback could help stem the
slowing of Chinese growth -- something that has concerned Wall

Mid-sized businesses projected to


grow 2.2% in 2014

Street recently. Still, analysts at Nomura warn that while the move is a

Mid-Market Businesses Poised for Grow th

"positive reform in the long term" it "increases the risks of more

Apple Bites Wall Street's Rally

volatile
capital flows."

MOST POPULAR STOCKS

TSLA

+1.30%

233.98

Meanwhile, on the European front, citizens in Crimea voted to leave

TESLA MOTORS,...

Mar 17

4:00 PM

broader Ukraine in a contested referendum. The region's parliament

GE

+1.27%

also declared its independence from Ukraine and asked Russia for

GENERAL ELECT...

Mar 17

annexation. The region on the eastern part of Ukraine is

BAC

+1.85%

BANK OF AMERI...

Mar 17

predominantly Russian.

MSFT

+0.93%

Relations between Russia and the Western world (including the

MICROSOFT COR...

Mar 17

European Union and the U.S.) have cooled as Russia has worked to

FB

+1.51%

pull strings in Ukraine following a revolt in Kiev. That revolution toppled

FACEBOOK INC.

Mar 17

25.43
4:00 PM

17.11
4:02 PM

38.05
4:00 PM

68.74
4:00 PM

a Russia-friendly government that was seen as corrupt.


The question now is whether the U.S. and EU will put sanctions in
place against Russia in a bid to pressure the country to back away
from Ukraine.
"The conventional wisdom on any sanctions at this juncture is that they
will be mild and mainly related to diplomatic relations as opposed to
economics and flows of money," Michael Block, chief strategist at
Rhino Trading Partners, wrote in an e-mail.
"If there are heavy economic sanctions, I would view that as a
negative given how complacent the sentiment is on that right now."
In U.S. news, the New York Federal Reserves gauge of regional
manufacturing activity rose to 5.61 in March, below Wall Street
estimates of 6, but above 4.48 the month prior. Readings above 0
point to expansion, while those below point to contraction.
The National Association of Home Builders measure of homebuilder
sentiment rose to 47 in March from 46 in February, missing estimates
of 50.
The economy took a hit in the first two months of this year from
unseasonably harsh weather that swept across much of the country.
Economists are broadly expecting a rebound as winter turns to spring.

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2/4

3/18/14

Bulls Charge Amid Eastern Europe Hopes, China News | Fox Business

Elsewhere, U.S. crude oil futures fell 14 cents, or 0.14%, to $98.75 a


barrel. Wholesale New York Harbor gasoline dipped 0.52% to $2.944
a gallon. Gold slumped $3.70, or 0.26%, to $1,375 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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3/18/14

Markets shrug off Crimea drama - Mar. 17, 2014

Dow rises 180 points, snaps losing streak


By Jesse Solomon @JesseSolomonCNN March 17, 2014: 4:09 PM ET

Click the chart for more markets data.

75

75

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks jumped Monday even as the West imposed sanctions on Russia over the crisis in Ukraine.
The Dow rose 178 points, or more than 1%, and snapped a five day losing streak. The S&P 500 gained 1% and Nasdaq
advanced 0.8%.
Initial results show Crimeans who voted in a Sunday referendum overwhelmingly supported the idea of breaking from
Ukraine to join Russia. The results were expected -- and the West maintained the referendum was illegal. Moscow strongly
backed the vote.
Related: Vote in CNNMoney's March Stock Mania tournament

EU officials on Monday agreed to sanctions on 21 individuals that include both travel bans and asset freezes. There are
worries that sanctions risk escalating a trade war that would hit the global economy.
"The referendum outcome was widely expected and so did not yield a sustained response from investors," explained Ilya
Spivak, a currency analyst at DailyFX. "Monitoring follow-on theatrics will be important in gauging further market moving
potential."
Russian markets, which have been slammed so far this year by the rising tensions with the West over Ukraine, also
showed signs of stabilizing. The main European markets all closed higher, while Asian markets ended mixed.
Related: Fear & Greed Index now in neutral

On the corporate front, some tech stocks got a boost from their early investments in some hotly anticipated initial public
offerings.

money.cnn.com/2014/03/17/investing/stocks-markets/index.html?iid=HP_Highlight

1/3

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Markets shrug off Crimea drama - Mar. 17, 2014

Sina ( SINA) shares bounced after the Chinese media conglomerate's Weibo subsidiary filed to go public Friday. Beijingbased Weibo, with over 61 million users as of December, is considered the Twitter ( TWTR) of China.
And Yahoo ( YHOO, Fortune 500) shares jumped 4% Monday after Chinese internet giant Alibaba said over the weekend
that it plans to go public in the U.S. Yahoo! owns a stake in Alibaba, a company which has been compared to Amazon
( AMZN, Fortune 500) and eBay ( EBAY , Fortune 500) and is expected to raise as much as $15 billion.
Sina and Yahoo were the biggest gainers on CNNMoney's Tech 30 Index Monday. Several traders were excited about what
the Alibaba news meant for Yahoo.
"$YHOO smart investment in Alibaba," said StockTwits user desitrader100.
"Alibaba IPO has YHOO mkt value EXTREMELY low and compelling," echoed Congostockchat.
But another trader was less enthusiastic.
"What could go wrong w/ a giant China conglomerate we really know nothing about?...$YHOO," quipped stocktwitsjohn.
StockTwits trader TrendHunter thought Sina was also benefiting from the news that China's central bank would further
loosen its hold over yuan trading. The move marks another step in the government's push to open up its economy and
markets. The Shanghai Composite jumped by 1% Monday.
"$SINA...loosen of yuan looks to be having an effect," he said.

Keurig percolates. Up 50% in 2014


Keurig Green Mountain (
Hertz (

GMCR) shares popped on the announcement that the company will join the S&P 500.

HTZ, Fortune 500) spiked almost 5% after rumors that the company plans to spinoff it's equipment rental business.

Shares of Sears (
clothing line.

SHLD, Fortune 500) rose after the struggling retailer's board approved the spinoff of its Lands' End

First Published: March 17, 2014: 9:44 AM ET

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3/18/14

Sensex, Nifty recede after touching new lifetime highs - The Hindu

Business Markets
Published: March 18, 2014 10:17 IST | Updated: March 18, 2014 16:46 IST

Sensex, Nifty recede after touching new lifetime highs


PTI

Stocks across the board gained on sustained buying by funds amid a firm trend on other Asian bourses. File Photo

PTI

The benchmark Sensex on Tuesday hit a new high of 22,040.72 but pared gains on profit-booking to close at
21,832.61, amid cautious trading ahead of a US Federal Reserve policy meeting.
After climbing to all-time intra-day high during the session, the 30-share Sensex ended higher by just 22.81 points, or
0.10 per cent, at 21,832.61 -- its second straight day of gains.
Maruti Suzuki, which gained nearly 8 per cent after the company decided to seek minority shareholders nod for the
controversial Gujarat plant, led the 17 Sensex gainers.
Other major supporters were Bajaj Auto, Coal India, Dr Reddys Lab., Reliance Industries, ITC, SBI and ONGC.
Tata Motors led the 13 Sensex losers.
The 50-share NSE index Nifty also surged to mark a new lifetime high of 6,574.95, before closing at 6,516.65, a rise of
12.45 points, or 0.19 per cent.
Indices opened on a bullish note on account of positive global cues and also as Ukraine tensions seemed to ease in the
near-term. However, after initial rally, they witnessed selling pressure and pared most of days gains, said Rakesh
Goyal, Senior Vice President, Bonanza Portfolio.
A firming trend in the Asian region and foreign institutional investors remaining net buyers in Indian equities for the
third straight week, supported Indian stocks.
American brokerage Goldman Sachs also upgraded India to overweight on reducing external vulnerabilities and
said it expects the NSE Nifty to touch 7,600 level this year.
Sectorally, the BSE FMCG sector index today gained the most by rising 1.84 per cent, followed by Power sector index
(up 1.27 per cent), Consumer Durable index (0.89 per cent) and Oil & Gas index (0.87 per cent).
IT, Capital goods and Realty scrips ended lower.
Keywords: Sensex, opening trade, BSE, Maruti, Nifty,
Printable version | Mar 18, 2014 5:29:17 PM | http://www.thehindu.com/business/markets/sensex-nifty-recedeafter-touching-new-lifetime-highs/article5799205.ece
www.thehindu.com/business/markets/sensex-nifty-recede-after-touching-new-lifetime-highs/article5799205.ece?css=print

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Stocks Jump as Geopolitical Pressure Eases | Fox Business


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president said he doesn't plan on splitting Ukraine, helping ease

Can Make in

worries about Eastern Europe.

Retirement

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The Average Bar

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That enthusiasm pervaded into Tuesday, after Russia President


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but he said a weekend referendum met international standards. Still, a


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Stocks Jump as Geopolitical Pressure Eases | Fox Business

pledge that might halt a broader conflict calmed Wall Street's nerves.

What's this?

Morning Biz Outlook

Also on the European front, the Zew survey on German investor


confidence stumbled to its lowest level since August. The gauge is
closely watched since it measures optimism in the continent's biggest
economy.
Elsewhere in economic news, the Commerce Department reported

Morning Business Outlook: 3/18/14

starts of new home construction fell 0.2% in February to an annualized

Markets Continue to Show Resiliency

rate of 907,000, missing estimates of 910,000. Permits to build new

Mid-Market Businesses Poised for Grow th

homes, meanwhile, rose 7.7% in the same month, to an annualized


rate of 1.02 million, beating Wall Street views of 960,000.
Economists are broadly expecting the sector to bounce back from
what they see as temporary headwinds.
Meanwhile, the Labor Department said consumer prices rose 0.1% in
February, matching Wall Street views. Excluding the food and energy
components, prices rose by the same margin, also matching
estimates. There have been concerns among policymakers that low
or falling inflation could hinder economic growth. Indeed, the Federal
Reserve has explicitly said it would like to boost inflation to a year-

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over-year rate of 2%.


The Fed started its two-day policy setting meeting on the day that will
end Wednesday with a decision and media conference from chair
Janet Yellen. Economists expect the central bank to continue trimming
back its bond purchases and maintain benchmark interest rates at
record lows.
"Under our forecast, the Feds exit from its current highly
accommodative stance of monetary policy will be a long time in
coming," economists at Goldman Sachs wrote in a note to clients.
"We continue to expect [first quarter 2016] as the 'liftoff date' for the
fed funds target rate."
On the corporate front, Adobe (ADBE) and Oracle (ORCL) post
quarterly earnings after the closing bell. GameStop (GSE) shares
plunged after Wal-Mart (WMT) said it would allow customers to begin
trading in video games for gift cards to use at the world's largest
retailer.
In commodities, U.S. crude oil futures climbed $1.62, or 1.7%, to
$99.70 a barrel. Wholesale New York Harbor gasoline advanced
0.75% to $2.903 a gallon. Gold dropped $13.90, or 1%, to $1,359 a
troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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Stocks Jump as Geopolitical Pressure Eases | Fox Business


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The Independents

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Stocks higher as investors look to Federal Reserve - Mar. 18, 2014

Stocks up for 2nd straight day


By CNNMoney Staff @CNNMoneyInvest March 18, 2014: 4:27 PM ET

Click for more data

62

62

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks closed higher Tuesday as tensions in Crimea seemed to fade and investors started to focus on what the Federal Reserve
may have up its sleeve.
The Dow and S&P 500 were each up more than 0.5% while the Nasdaq surged more than 1%. Investors are hoping for bullish
signs from the Fed, which will conclude its latest policy meeting on Wednesday afternoon. Janet Yellen, the new Fed chair, will
give her first press conference after the meeting.
It is widely expected that Yellen will continue to trim, or taper, the fed's stimulus program by another $10 billion, to $55 billion a
month. The markets will also listen closely to any possible changes to the Fed's guidance on interest rate changes.
The Fed will have two new pieces of data to look at as it begins its meeting. Consumer prices edged up by 0.1% in February. Food
prices jumped 0.4% - the largest increase in nearly 3 years. But inflation is not a huge problem for the Fed or economy right now.
And there were mixed signs about housing. Construction of new homes fell by 0.2% in February, but building permits, a sign of
future construction, rose 7.7%.
Related: Vote in March Stock Market Mania Sweet 16

The Dow snapped a five day losing streak on Monday. The S&P 500 is now back in positive territory for the year, while the techheavy Nasdaq remains the top performer of the major indexes.
But investors still have one eye on the situation in Ukraine. It will likely continue to dominate the headlines, putting further
strains on Russia's relationship with the U.S. and Europe. Russia is not backing away from plans to annex Ukraine's Crimea
region despite targeted sanctions announced Monday.
Related: Fear & Greed Index idling in neutral

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1/3

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Stocks higher as investors look to Federal Reserve - Mar. 18, 2014

On the corporate front, shares of GameStop ( GME, Fortune 500) fell after Wal-Mart (
getting into the used video game sales market.

WMT, Fortune 500)said it was

One trader on StockTwits felt the drop was justified.


"$GME If you were a primary dealer of used cars and a large company said they were going to sell used cars too, do u think your
margins would rise?" asked DanDaMan.

GameStop falls on Walmart fears


Shares of Microsoft ( MSFT, Fortune 500) rose to a 14-year high on expectations that Microsoft may soon announce a version
of its Office software for Apple's ( AAPL, Fortune 500) iPad. Microsoft was the top gainer in CNNMoney's Tech 30 index.
"How much is Office for iPad worth? Microsoft's stock market value up about $14 billion this morning!" quipped ampressman.
Related: CNNMoney's Tech 30

Chipotle Mexican Grill ( CMG)was moving higher after RBC Capital Markets analysts said in a note that it has "increasing
confidence in the company's ability to sustain its recent momentum."
But contrarianspeculator questioned today's climb. "$CMG: today's jump amounts to 20% more than CMG is forecasted to
earn in all of 2014 -stock getting ahead of its fundamentals?"
The sentiment was echoed by StrayTrader. "In this bizarre market, a share of $AAPL that earns $40/yr EPS is $529, while a
share of $CMG w/$10/yr EPS is $592 because it has growth .. umm to $40?"
Shares of FutureFuel ( FF)surged after the biofuels maker reported better than expected earnings. One trader was excited
about the stock's move to more than $20 a share.
"$FF Bought this last year at 11, been holding, and will keep holding long term," said maetrader.
But goprules was more critical. "$FF way too much hype on earnings. Much ado about nothing."
Also, shares of Hertz ( HTZ, Fortune 500) rose after it announced earnings and said it would spin off its equipment rental
business to pay off debt.
Oracle ( ORCL, Fortune 500) fell in after-hours trading after reporting fiscal third quarter revenue that were slightly less than
expected. Adobe Systems ( ADBE) reported fiscal first quarter revenue and earnings that topped forecasts.

First Published: March 18, 2014: 9:48 AM ET

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Stocks higher as investors look to Federal Reserve - Mar. 18, 2014

Are home prices no longer affordable in your area?


Here's where home prices are about to take off
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3/20/14

Wall Street Zips Higher in Comeback Rally | Fox Business


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The Dow Jones Industrial Average rose 108.9 points, or 0.67%, to
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16331, the S&P 500 climbed 11.2 points, or 0.6%, to 1872 and the

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Nasdaq Composite jumped 11.7 points, or 0.27%, to 4319.

Of U.S. Rate Hike

Federal Reserve chief Janet Yellen capped her first media briefing as
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head of the mighty central bank with a bang. But perhaps not exactly

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the kind of bang she was expecting.

April

Wall Street took heavy losses on Wednesday after Yellen said the
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3/20/14

Wall Street Zips Higher in Comeback Rally | Fox Business

The Treasury market stabilized on Thursday, with the 10-year yield

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falling 0.007 percentage point as traders bought the

Morning Biz Outlook

asset. Meanwhile, upbeat economic data helped boost stock prices.


The Philadelphia Fed's gauge of manufacturing activity in March
jumped to 9 from -6.3 in February, indicating it flipped into growth
from contraction. The results well surpassed Wall Streets

Morning Business Outlook: 3/20/14

expectations of 3.8.

Yellen Spooks Stocks

At the same time, the National Association of Realtors reported sales

Stocks Shrug Off Global Unrest

of existing single-family homes fell 0.4% to an annualized rate of 4.6


million units in February, matching expectations. Still, it was the lowest MOST POPULAR STOCKS
reading since July 2012.
The Labor Department said the number of Americans filing for firsttime unemployment benefits rose last week to 320,000 from 315,000
the week prior. Wall Street was looking for claims to rise to 325,000.
Economists and policymakers have said harsh winter weather
affected economic data across the board. Those issues are seen as
temporary headwinds that should abate as the weather improves.

BAC

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GE

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GENERAL ELECT...

Mar 20

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66.97
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25.27
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In corporate news, Hewlett-Packard (HPQ) said it will hike its regular


dividend by 10.2%.
Elsewhere, U.S. crude oil futures fell 94 cents, or 0.94%, to $99.43 a
barrel. Wholesale New York Harbor gasoline dipped 0.93% to $2.896
a gallon. Gold slumped $10.80, or 0.81%, to $1,331 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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Wall Street Zips Higher in Comeback Rally | Fox Business


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3/24/14

Sensex ends at record closing high of 22,055.48 - The Hindu

Business Markets
Published: March 24, 2014 10:05 IST | Updated: March 24, 2014 17:09 IST

Sensex ends at record closing high of 22,055.48


PTI
Sensex, Nifty had hit new lifetime intra-day highs

Continuing its record-setting spree, the benchmark Sensex today hit a new lifetime high and gained 300 points to end
above 22,000-level for the first time as foreign funds bought bluechips led by interest-rate sensitive shares on hopes
RBI will hold rates in its upcoming review.
The BSE Sensex climbed to hit a new intra-day peak of 22,074.34 on the back fo heavy buying. It also ended at a
record closing of 22,055.48, up 300.16 points, or 1.38 per cent. Its previous closing peak was 21,934.83 on March 10
while its intra-day peak was 22,040.72 set on March 18, 2014.
GAIL and ONGC with over 4 per cent gain each led the 24 losers in 30share Sensex. Major supporters were RIL,
ITC, ICICI Bank, SBI, Hero MotoCorp, Hindustan Unilever and TCS.
Nine out of 12 BSE sectoral indices ended in the green.
Banking, oil & gas, metal and auto shares notched up smart rise. Consumer durables, IT and healthcare, however, fell.
The 50share NSE barometer also hit a new peak of 6,591.50, before ending at a record close of 6,583.50
clocking a gain of 88.60 points or 1.36 per cent.
Mirroring rise in stocks, Indian rupee hit 60.64 levels against the dollar, amid firming trend in global markets.
Investments into Indian shares through participatory notes, a preferred route for HNIs and hedge funds from abroad,
surged to the highest level in three months at around Rs 1.73 lakh crore in February, latest data showed.
Sectorally, the BSE Banking sector index gained the most by surging 2.73 per cent, followed by Oil and Gas index
(2.46 per cent), Metal index (0.97 per cent), Auto (0.91 per cent) and Capital Goods (0.83 per cent).
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock
markets, opening trade
Printable version | Mar 24, 2014 6:21:26 PM | http://www.thehindu.com/business/markets/sensex-ends-at-recordclosing-high-of-2205548/article5824945.ece
The Hindu

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3/25/14

Wall Street Climbs After Choppy Session | Fox Business


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Wall Street Climbs After Choppy Session | Fox Business

The Commerce Department reported sales of new single-family

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homes fell 3.3% to an annualized rate of 440,000 in February,

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compared to expectations of a drop to 445,000. The rate was the


lowest since September 2013.
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In Europe, a report on German business confidence slumped for the


first time in five months in March.
"Companies expressed far less confidence in future business
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bellwether for the eurozone currency bloc.


Elsewhere, U.S. crude oil futures climbed 46 cents, or 0.46%, to
$100.07 a barrel. Wholesale New York Harbor gasoline rose 0.33%
to $2.90 a gallon. Gold advanced $5.10, or 0.39%, to $1,316 a troy
ounce.

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3/25/14

Optimism is back on Wall Street - Mar. 25, 2014

Optimism is back on Wall Street


By Patrick M. Sheridan @CNNMoneyInvest March 25, 2014: 4:43 PM ET

54

54

TOTAL SHARES

NEW YORK (CNNMoney)

Confidence returned to Wall Street today. Investors shook off two days of losses as a new report showed consumer confidence
reached its highest level in six years. Even some mediocre housing data didn't damper the markets much.
The Dow, S&P and Nasdaq were all solidly in the plus column with some "old tech" names like Cisco ( CSCO, Fortune 500) and
IBM ( IBM, Fortune 500) leading the charge. Because the Dow Jones Industrial Average is a price-weighted index, IBM'
( IBM, Fortune 500)s near 7 point rally to just under $200 a share was responsible for a lion's share of the Dow's 91 point gain.
Netflix ( NFLX) remains one of the big talking points as it has been anything but picture perfect this week. It fell over 2%
Tuesday after more than a 6% rout yesterday making some StockTwits traders like palmerwise upset, "$NFLX This is a
ridiculous over reaction!"
But others like RedSoleTrading weren't buying that, "$NFLX - why anyone would buy here boggles my mind. Just give me your
money!"
One commenter, bcrowe, even went so far as to suggest the popular movie streaming company could become a takeover target:
"$NFLX to drop to around 300ish then $AAPL buy out? Imagine. Either way, $NFLX needs to go on a diet for the next couple
weeks."
In economic news, U.S. consumer confidence hit a 6-year high, climbing to 82.3 in March from an upwardly revised 78.3 in
February. That said, new home sales dropped 3.3% in February, and U.S. home prices slipped 0.1% in January from the frigid
winter. This was the third month that the S&P/Case-Shiller 20-city composite index declined, although year over year, the index
is up 13.2%.
Related: Fear & Greed Index slips into neutral
In corporate news, Walgreen Co. ( WAG, Fortune 500) shares gained even though the drugstore chain said that it will close 76
stores. Walgreen's also said earnings fell slightly from a year ago, but the company had positive things to say about its joint
venture with European drugstore chain Alliance Boots. Hunters4meat seemed perplexed, "$WAG I'm confused, it blew top and
money.cnn.com/2014/03/25/investing/stocks-markets/index.html?iid=H_MKT_News

1/2

3/25/14

Optimism is back on Wall Street - Mar. 25, 2014

bottom numbers and guidance not all that great, did I miss something? It's going up? Irrational."
dividenddotcom tried to clarify, "$WAG missed EPS estimates, but solid revenues and a bullish outlook has the stock popping
4% on the day."

Sonic's stock booms


Shares of Walt Disney ( DIS, Fortune 500) were higher after it said it would buy Maker Studios, a leading producer and
distributor of videos on YouTube. Its vast array of online channels total 5.5 billion YouTube views per month, according to
Maker, making it one of the most successful online video companies of its kind.
In addition to "old tech" stocks, another standout today is Sonic (
reported earnings that beat Wall Street's expectations.

SONC), which is up after the drive-in restaurant operator

On the down side, Carnival ( CCL) shares fell after the cruise company reported a first quarter loss and had a disappointing
outlook for the second quarter.
Related: CNNMoney's Tech 30

European markets finished higher. Asian stock markets mostly ended lower, though the moves down were modest.

First Published: March 25, 2014: 9:54 AM ET

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2/2

3/27/14

Sensex, Nifty rally to new all-time high - The Hindu

Business Markets
Published: March 27, 2014 16:48 IST | Updated: March 27, 2014 17:05 IST

Sensex, Nifty rally to new all-time high


PTI

Brokers said sustained inflow of foreign funds and covering up of pending short positions by speculators, as today is the last session of monthly AP
expiry in the derivatives segment, influenced the trading sentiment. File photo
Buying by FIIs in banking and oil & gas stocks pushed the Sensex up by 119.07 points to close at a new all-time high of 22,214.37; SBI
scrip up 4.04 per cent while RIL rose by 1.34 per cent.

The Sensex continued its record setting spree for the fourth straight day as buying by FIIs in banking and oil & gas
stocks pushed the barometer up by 119.07 points to close at a new all-time high of 22,214.37 on Thursday.
The Nifty index of the National Stock Exchange too bettered its record closing level by 40.35 points, or 0.61 per cent,
at 6,641.75 points.
The 30-share Sensex touched a record intra-day peak level of 22,307.74, while Nifty shot to an intra-day high of
6,673.95 points.
Both the indices have touched record levels in the last four sessions on continued buying by FIIs, brokers said. FIIs,
according to provisional Sebi data, put $171.26 million in equities on Thursday.
Positive global trends and major participants buying to cover their pending positions on the last day of settlement in
the derivatives segment also supported the upward rally to some extent, brokers said.
Banking major SBI rose the most by 4.04 per cent among Sensex scrips after a foreign brokerage upgraded the stock
to buy.
Reliance Industries rose by 1.34 per cent on reports that the company has bagged two offshore exploration blocks in
Myanmar. Bharti Airtel gained 4 per cent on positive feedback on the stock by stock brokers.
Brokers said rate sensitive stocks were back in demand on hopes that RBI may keep interest rates steady next week as
inflation has weakened.
In 30 BSE index components, 20 stocks gained. Losses in IT, auto and metal stocks restricted the gains. Sesa Sterlite
fell the most by 1.86 per cent while Infosys was down by 0.50 per cent.
The public sector undertaking sector index gained the most by rising 1.48 per cent to 6,228.67, followed by consumer
durable index by 1.46 per cent to 6,317.57.
www.thehindu.com/business/markets/sensex-nifty-rally-to-new-alltime-high/article5838301.ece?homepage=true&css=print

1/2

3/27/14

Sensex, Nifty rally to new all-time high - The Hindu

Oil and gas index rose by 1.28 per cent to 9,389.44 and realty index by 1.06 per cent to 1,405.30.
Keywords: Sensex, Nifty, BSE, NSE, Indian stock market
Printable version | Mar 27, 2014 6:26:44 PM | http://www.thehindu.com/business/markets/sensex-nifty-rally-tonew-alltime-high/article5838301.ece
The Hindu

www.thehindu.com/business/markets/sensex-nifty-rally-to-new-alltime-high/article5838301.ece?homepage=true&css=print

2/2

3/28/14

Dow wins for the week, but not by much - Mar. 28, 2014

Dow wins for the week, but not by much


By Patrick M. Sheridan @CNNMoneyInvest March 28, 2014: 5:03 PM ET

Click for more

89

89

TOTAL SHARES

NEW YORK (CNNMoney)

The "TGIF rally" fizzled in the afternoon, capping a rocky week on Wall Steet.
The Dow was the only major US index to end the week in positive territory after a decent 60-point rally on Friday.
Things looked promising on Friday as the Dow had been up nearly 150 points in late morning trading, but the early gains
were scaled back by the end of the day -- and week. Even the blue chips were only able to garner 0.1% for the week. The
S&P 500 and Nasdaq edged higher for the day as well, but finished in the red for the week overall.
The dicey markets resulted in a lot of stock winners and losers.
Biotechs continued to get hammered with Gilead Sciences, ( GILD, Fortune 500) Biogen Idec, (
500)Celgene ( CELG, Fortune 500) all closing sharply lower.

money.cnn.com/2014/03/28/investing/stocks-markets/index.html?iid=Lead

BIIB, Fortune

1/3

3/28/14

Dow wins for the week, but not by much - Mar. 28, 2014

Awful quarter for Best Buy and Staples


Microsoft ( MSFT, Fortune 500)was up sharply after it said Thursday that its Office software will be ready for use on
the iPad. Trader MTNBIKEJON on StockTwits thought he had a hunch why "old tech" was prospering, " $MSFT What if the
dot com bubble is over?"
Shares of Tesla (

TSLA) were also higher. The company announced it will install fire shields under its Model S sedan.

Positive economic news. Better news on the U.S. economy and good reports from a number of major companies helped
lift the market in the morning.
Consumer spending rose 0.3% in February, the biggest gain in three months. Personal income also gained 0.3% last month.
In addition, this month's University of Michigan consumer sentiment index was in line with expectations.
Big week for IPOs. CBS Outdoor Americas ( CBSO), the billboard arm of CBS ( CBS, Fortune 500), started trading
Friday and was up more than 5% from its offering price of $28 a share to close at $29.50. From the looks of it, "old media"
still holds a place in the hearts of investors.

CBS Outdoor shows billboards are hot


The IPO today with the biggest gain though was Energous (
more than 70%.
Also an IPO winner: 2U (

WATT), a wire-free energy routing company. Shares soared

TWOU), a cloud-based education provider that rose more than 7%.

But it was a very different story for shares of Everyday Health ( EVDY ). Investors don't seem to have as good a prognosis
for the online health-related content provider. Shares fell more than 3%.

money.cnn.com/2014/03/28/investing/stocks-markets/index.html?iid=Lead

2/3

3/28/14

Dow wins for the week, but not by much - Mar. 28, 2014

And the most hyped IPO of the week, Candy Crush Saga maker King Digital (
another 2%.

KING), continued to struggle. Shares fell

BlackBerry continues to struggle. Shares of BlackBerry ( BBRY ) reversed course and fell more than 7% after surging
this morning. The swing prompted Nightrade to say, "$BBRY just becomes Redberry!"
The mobile device maker reported a narrower-than-expected loss for its fiscal fourth quarter. New CEO John Chen is
trying to reverse the company's fortunes, and said in a statement that BlackBerry is "on sounder financial footing today with
a path to returning to growth and profitability."
Related: BlackBerry is one of the better performers this year in CNNMoney's Tech 30

But Smithatude is bearish, "$BBRY Is there anything left for Chen to sell? Copper piping? Sure isn't going to be
telephones. Never too late to short BBRY. $3 Price target."
Still, DomDom spoke more favorably about the turnaround efforts, "$BBRY Chen has done an amazing job stabilizing the
ship, but #'s are needed first and it will be some time before the stock moves on that."
More winners and losers. Shares of Restoration Hardware ( RH)are climbing after the furniture goods seller reported
better than expected fourth quarter earnings. sciuridae sounded pumped-up, "$RH Great company. Great breakout
potential in here." But trader Kasaby was critical,"$RH Clearly an overreaction on weak fundamentals..."
Also on the radar, Wal-Mart ( WMT, Fortune 500) sued Visa ( V , Fortune 500) for $5 billion in a price fixing case related
to credit card swipe fees. Retailers and credit card companies have been fighting over these fees for years, but this latest
move comes with a potentially hefty price tag. Wal-Mart was essentially flat, while Visa was down 1.7%.
In the great "breakfast wars" McDonald's ( MCD, Fortune 500) took a swipe at Yum! Brands ( YUM, Fortune 500) and
its Taco Bell unit by offering free coffee for 2 weeks. Taco Bell just started rolling out its first ever morning menu featuring
the Waffle Taco. As abubnic said on StockTwits: "Those Waffle Tacos must be a threat. $MCD Fights Back With Free
Coffee."
Related: Fear & Greed Index continues backslide into fear

European markets closed up, and most Asian markets closed out the trading day with gains, though the Shanghai
Composite dipped by 0.2%.

First Published: March 28, 2014: 9:51 AM ET

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3/3

3/30/14

Sensex scales new peak for fifth straight day - The Hindu

Business Markets
Published: March 28, 2014 16:58 IST | Updated: March 28, 2014 23:32 IST

Sensex scales new peak for fifth straight day


PTI

The BSE benchmark Sensex rose to its historic high level for the fifth straight day on Friday but ended a tad lower at
22,339.97, which is its fresh closing record.
The 30-share index surged to record intra-day high of 22,363.97 points on buying by foreign funds mainly in banking
stocks after RBI extended the deadline for banks to implement BASEL III norms by a year to 2019.
Increased fund flows also pushed the rupee to trade below a crucial 60 level against the US dollar which further
strengthened the market sentiment, brokers said.
Later, the barometer closed at 22,339.97 points, up by 125.60 points, or 0.57 per cent, over the previous close.
The National Stock Exchanges widebased index Nifty shot up by 54.15 points, or 0.82 per cent, to record closing
high of 6,695.90, after hitting a lifetime high of 6,702.60 in day trade.
Both the key indices touched record high levels intraday in the five sessions till Friday.
Brokers said the market remained on a record setting spree this week ever since indications of an improvement in the
economic growth and expectations of RBI keeping interest rates on hold in its policy meeting on Tuesday.
They said the FIIs were fancy of Indian equties and remained net buyers, which also raised demand for the rupee.
The rupee appreciated to 59.90 per dollar at one point of time, its best level in eight months. The currency has risen
2.8 per cent this month, the most among major Asian currencies.
Staterun banks continued to support the rally on interest concerns and RBI extended the deadline for banks to
implement Basel III capital rules by a year, they added.
In 30BSE index components, 19 stocks ended with gains led by SBI, Infosys, Reliance Industries and Tata Power.
The power sector index surged the most by rising 3.02 per cent to 1,734.99 followed by PSU index by 2.17 per cent to
6,363.83.
The Realty index rose by 1.61 per cent to 1,427.96 and metal index by 1.52 per cent to 9,684.27.
Keywords: Sensex, Nifty, BSE, NSE, Indian stock market
Printable version | Mar 30, 2014 9:05:36 PM | http://www.thehindu.com/business/markets/sensex-scales-new-peakfor-fifth-straight-day/article5844419.ece
The Hindu

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3/31/14

S&P 500 Logs Fifth-Straight Quarterly Advance | Fox Business


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likely closing down by 0.71%.
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S&P 500 Logs Fifth-Straight Quarterly Advance | Fox Business

"Yellen was extremely dovish in her speech today but said nothing

What's this?

new in terms of its translation into their exit from their current policy,"

Morning Biz Outlook

Peter Boockvar, chief market analyst at The Lindsey Group, said in a


note to clients.
Inflation in the eurozone fell to an annual pace of 0.5% in March from
0.7% the prior month. It was the lowest reading since 2009.
Policymakers across the developed world have been worried about
very low levels of inflation potentially hindering growth. In Europe, there

Homebuilder UCP buying Citizens


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tough for monetary policy to fix.

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"Our economists view this as an uncomfortably low number for the


ECB, but note that some of the decline may be explained by volatile

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+0.97%

items such as food (on the mild winter) and base effects owing to the

FORD MOTOR CO...

Mar 31

late timing of Easter," economists at Nomura wrote in a note to

GE

+0.04%

clients.

GENERAL ELECT...

Mar 31

AAPL

-0.02%

APPLE INC.

Mar 31

"As inflation is expected to bounce back in April, our economists


expect the ECB to refrain from cutting rates this week and wait until
the April inflation numbers."
Elsewhere on the economic front, the Institute for Supply

0.00%

AT&T INC.

Mar 31

FB

+0.38%

FACEBOOK INC.

Mar 31

15.60
4:00 PM

25.89
4:02 PM

536.74
4:00 PM

35.07
4:02 PM

60.24
4:00 PM

Management-Chicagos measurement of manufacturing activity in the


U.S. Midwest fell to 55.9 in March, significantly below the 59 Wall
Street anticipated, and below the reading of 59.8 the month prior.
Readings above 50 point to expansion.
In commodities, U.S. crude oil futures fell 38 cents, or 0.35%, to
$101.31 a barrel. Wholesale New York Harbor gasoline dipped
0.82% to $2.914 a gallon. Gold climbed $1.60, or 0.12%, to $1,296 a
troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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3/31/14

Markets rise on last day of choppy quarter - Mar. 31, 2014

US stocks end Q1 on high note


By Jesse Solomon @JesseSolomonCNN March 31, 2014: 4:13 PM ET

Click the charts fore more markets data.

28

28

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks closed out a lackluster first quarter with a sprinting to the finish on Monday.
The Dow rose about 135 points, while the S&P 500 is at 1872, within spitting distance of its all-time high (1883, set earlier this
month). The Nasdaq jumped over 1%.
Investors cheered a speech by Janet Yellen in Chicago Monday morning in which she maintained the Fed will support the
economy "for some time to come."
"This commitment is strong, and I believe the Fed's policies will continue to help sustain progress in the job market," she said.
But it's been a choppy three months. The Dow is still in the red, while the S&P 500 is up 1.3%. The Nasdaq had been the best
performing major market index for most of the first quarter, but is now up only 0.5% after a big sell-off in momentum stocks
recently.
And CNNMoney's new Tech 30 index is down for the year.

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1/3

3/31/14

Markets rise on last day of choppy quarter - Mar. 31, 2014

Airlines no longer a laughingstock


Airlines have been among the better performing stocks so far. Shares of Delta Air Lines (
( LUV, Fortune 500) are both up around 25%.

DAL, Fortune 500) and Southwest

Looking ahead to the second quarter, investors hope strong economic data and fading geopolitical risks in Ukraine and beyond
will help stocks continue their five-year bull run.
There is little economic or corporate news on the docket Monday, but investors are gearing up for a busy week which culminates
with the European Central Bank meeting Thursday and the US government's jobs report on Friday.
Related: Fear & Greed Index moves back to neutral

Shares of General Motors ( GM, Fortune 500) were down as investors continue to worry about the company's handling of a
recall for a flawed ignition switch in several of its models. The stock is off 16% so far this year. GM CEO Mary Barra will testify
before Congress on Tuesday and Wednesday about the problems, which have been blamed for at least 13 fatalities.
But StockTwits trader smathan75 was optimistic about the stock's long-term prospects.
"$GM...this will blow over and in a couple years it has 30-40% upside," he said.
BlackBerry ( BBRY) shares fell just under 4% after the struggling smartphone maker was downgraded by several analysts
Monday morning. After enjoying an early boost in 2013 on hopes of new CEO John Chen's turnaround strategy, BlackBerry has
tanked in recent days despite reporting a narrower-than-expected loss.
But StockTwits trader LYogi didn't mind the dip.
"$BBRY to those with patience and fortitude, today is a huge buying opportunity," he said.
"$BBRY ultimately JC will turn this thing around....i just hope i'm not broke by then," echoed ashlarry.
Shares of Disney ( DIS, Fortune 500)bounced after its movie "Frozen" became the highest grossing animated film of all time
after opening big in Japan over the weekend.
Google ( GOOG, Fortune 500) shares dropped modestly ahead of the tech giant's much anticipated 2-for-1 stock split
tomorrow. Shareholders will get another share for each one they own currently. The stock split was first announced two years
ago, but was held up by a legal battle in which some shareholders raised objections.
"$GOOG Waiting to see what happens when $GOOGL starts trading," said StockTwits trader ims99, referring to the two
separate share classes that will coexist after the split.
Related: CNNMoney's Tech 30

European markets closed mixed, following lower-than-expected eurozone inflation data released Monday. The weak number is
likely to revive talk that the European Central Bank could act at its meeting Thursday to boost the economy.

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3/31/14

Markets rise on last day of choppy quarter - Mar. 31, 2014

Asian markets ended mixed. The Shanghai Composite fell as investors wait for clarity from Beijing on possible new stimulus
measures. The index has lost almost 4% this year on worries over slower economic growth in China.
-- CNNMoney's Annalyn Kurtz contributed to this report

First Published: March 31, 2014: 9:49 AM ET

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4/1/14

Sensex at fresh record high as RBI keeps rates unchanged - The Hindu

Business Markets
Published: April 1, 2014 17:05 IST | Updated: April 2, 2014 01:08 IST

Sensex at fresh record high as RBI keeps rates unchanged


Special Correspondent

Stock indices closed at record high on Tuesday as the Reserve Bank of India (RBI) kept the policy rates unchanged
and also succeeded in convincing the market participants that it may not hike the rates in the near-term.
The benchmark Bombay Stock Exchange (BSE) 30-share Sensitive Index (Sensex) closed at 22446.44 with a gain of
60.17 points or 0.27 per cent.
The rally was led by information technology stocks (up1.65 per cent) followed by consumer durables and oil and gas
(1.09 per cent).
On the National Stock Exchange, the 50-share Nifty gained 16.85 points to close at 6721.05.
The steady narrowing of trade deficit over the year has shrunk the current account deficit (CAD) to 0.9 per cent of
GDP in third quarter of 2013-14. For the year as a whole, the CAD is expected to be about 2 per cent of GDP versus
4.8 per cent last year. This puts India into a relatively comfortable position compared to other emerging market peers
given the uncertain external environment, said Varun Goel, Head PMS, Karvy Stock Broking Ltd.
In the backdrop of the Urjit Patel committee report, markets were at best expecting a status quo on rates with a slim
probability of repo rate hike.I believe that the primary respite is expected from further moderation in food prices
and further policy tightening is not anticipated. In case the trajectory for inflation decelerates as expected, the RBI is
likely to gradually ease policy stance, said Dinesh Thakkar Chairman & Managing Director, Angel Broking.
Keywords: Sensex, RBI, Credit policy, Repo rate, Investors' confidence
Printable version | Apr 2, 2014 2:43:37 AM | http://www.thehindu.com/business/markets/sensex-at-fresh-recordhigh-as-rbi-keeps-rates-unchanged/article5858833.ece
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4/1/14

S&P 500 Logs Fresh High in 2Q Debut | Fox Business


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Nasdaq Composite rose 69 points, or 1.6%, to 4268.

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CATERPILLAR ...

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index only climbing 1.3%.

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day.

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Study: States that

16533, the S&P 500 advanced 13.2 points, or 0.7%, to 1885 and the

Unemployment

The S&P 500 posted its fifth-straight quarterly advance on Monday.


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The gains this year have been tepid, though, with the broad-market

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541.65

the month prior. Wall Street was looking for the gauge to rise to 54.

+4.91

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4/1/14

S&P 500 Logs Fresh High in 2Q Debut | Fox Business

Economists said the economy is still recovering from its winter

What's this?

doldrums, when worse-than-usual weather swept across the country.

Morning Biz Outlook

China's official factory gauge edged up very slightly in March from the
month before. Still, a private survey still came in contraction territory.
Another report showed the eurozone's factory sector grew in March
from the month prior as the 18-member currency bloc's economy
continues recovering. Activity in Germany and France -- the bloc's two

Morning Business Outlook: 4/1/14

biggest economies -- topped expectations.

Stocks End 1Q w Ith Big Gains


Mid-Market Update: UCP Buys Citizens Hom es

Analysts at Barclays called the global data "robust," a welcome


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change from the choppiness seen in recent months.


In corporate news, a Senate panel alleged Caterpillar (CAT) dodged
$2.4 billion in taxes between 2000 and 2012, although the world's
biggest heavy machinery giant stands by its accounting. Apple
(AAPL) suppliers are working on building screens for the not-yetannounced iPhone 6, according to a report from Reuters.
Monthly sales figures from the Big Three U.S. automakers are due out
on the day. Ford (F) said its U.S. March sales climbed 3% to the
highest mark in eight years. Meanwhile, Fiat's (FIATY) Chrysler

+4.62%

FORD MOTOR CO...

Apr 1

GM

-0.23%

GENERAL MOTOR... Apr 1

AAPL

+0.91%

APPLE INC.

Apr 1

GE

-0.08%

GENERAL ELECT...

Apr 1

FB

+3.95%

FACEBOOK INC.

Apr 1

16.32
4:02 PM

34.34
4:00 PM

541.65
4:00 PM

25.87
4:00 PM

62.62
4:00 PM

revealed a 13% jump in sales. General Motors (GM) posted a betterthan-expected 4.1% increase.
GM CEO Mary Barra is set to testify before Congress over the
ignition-switch scandal that hit the No. 1 U.S. automaker.
Elsewhere, U.S. crude oil futures fell 28 cents, or 0.28%, to $101.30 a
barrel. Wholesale New York Harbor gasoline dipped 0.9% to $2.911
a gallon. Gold rose $1.50, or 0.12%, to $1,285 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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S&P 500 Logs Fresh High in 2Q Debut | Fox Business


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Asian shares mostly


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repair costs ahead of safety, calling
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4/1/14

Stocks: S&P 500 closes at all-time high - Apr. 1, 2014

Stocks: S&P 500 closes at all-time high


By Ben Rooney @CNNMoneyInvest April 1, 2014: 4:37 PM ET

Click for more market data.

90

90

TOTAL SHARES

NEW YORK (CNNMoney)

The S&P 500 closed at an all-time high Tuesday as investors kicked off the second quarter with a spring in their step.
The broad US market index ended at a new record just over 1,885. The Dow Jones industrial average and the Nasdaq also closed
with gains. Today's advance comes after stocks closed out a choppy first quarter with a strong finish on Monday.
If history is any guide, stocks could continue pushing higher this month. Stocks have returned 1.7% on average in the month of
April over the past 40 years, making it the top performing month of the year, according to Schaeffer's Investment Research.
In economic news, a report on U.S. manufacturing this morning was flat, in line with expectations. Investors have been looking
for clues on the health of the economy after Federal Reserve chief Janet Yellen said Monday that the central bank's repair job
was not yet finished.
Related: Fear & Greed Index

The auto industry is also in focus as monthly sales reports came out from all the top car makers today.
General Motors ( GM, Fortune 500), which reported strong March sales figures, announced another recall Monday and set
aside more money to cover the costs. Shares of GM ended the day down, but only slightly.
GM has been criticized for how it handled a different recall due to faulty ignition switches, linked to the deaths of 13 people.
CEO Mary Barra apologized Tuesday for the deaths and pledged to "do the right thing" in testimony on Capitol Hill. She will
return Wednesday for another round of questioning from lawmakers.
Related: GM stock is in the gutter. Time to buy?

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Stocks: S&P 500 closes at all-time high - Apr. 1, 2014

Families wait for answers from GM


Meanwhile, shares of rival car company Ford (
growth.

F, Fortune 500) were higher after it reported better than expected March sales

Ford and GM were among the top trending stocks on StockTwits, where traders couldn't resist comparing the two Detroit
heavyweights.
"$F Nice run up...sales up 1.6% still better than $GM," said girlytrader.
Another trader quipped that GM may be recalling more than just cars.
"$GM issued a new recall.. Everyone is to return stocks back to the company due to having mistakenly printed with disappearing
ink!," said Krill123.
Related: CNNMoney's Tech30

Caterpillar ( CAT, Fortune 500) executives were on Capitol Hill to defend the company against allegations it avoided $2.4
billion in taxes. The company's stock price was up slightly as some traders discounted the report from a Senate panel.
"$CAT lol at the tax 'issue' - this info is 6yo, and is a practice shared by many other large US corps," said FsCtrades.
Shares of Intuitive Surgical Group ( ISRG) soared after the Food and Drug Administration approved the biotech's "da Vinci Xi"
technology for minimally invasive surgery.
Casino companies were on the move following reports that gambling revenue in Macau surged 13% in March. Shares of Las
Vegas Sands ( LVS, Fortune 500), MGM Resorts ( MGM, Fortune 500) and Wynn Resorts ( WYNN, Fortune 500) all gained
ground.
"China may be slowing but Macau gaming still strong...Sands capacity = main winner $LVS $WYNN," said retail_guru.
European markets closed higher, while Asian markets ended mixed.

First Published: April 1, 2014: 10:11 AM ET

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Sensex, Nifty rise for the sixth day as foreign funds pour in - The Hindu

Business Markets
Published: April 2, 2014 16:52 IST | Updated: April 2, 2014 17:25 IST

Sensex, Nifty rise for the sixth day as foreign funds pour in
PTI

Rising for the sixth straight day, the BSE benchmark Sensex on Wednesday climbed to yet another record closing
high of 22,551.49 on increased foreign fund inflows mainly in banking and oil stocks amid firm global trends.
In the day trade, the 30-share index touched all-time high of 22,592.10 for the eighth day in a row. Later, it settled at
22,551.49, up by 105.05 points, or 0.47 per cent, over previous close.
The broad-based National Stock Exchanges index Nifty rose by 31.50 points, or 0.47 per cent, to record closing high
of 6,752.55, after scaling an intra-day peak of 6,763.50.
Gains in Reliance Industries (1.68 per cent), ICICI Bank (1.53 per cent) and Tata Motors (2.62 per cent) helped Sensex
scale another peak, brokers said.
The upsurge was also backed by drug makers and financial companies following the election commission allowing RBI
to issue licences for setting new banks, they said.
The under performer drug makers were in keen demand after speculation that the US regulator may ease an import
ban on Indian drugs firms.
Cipla rose by 2 per cent while Dr Reddys was up close to 1 per cent.
In 30-BSE index-components, 19 stocks gained.
Bharti Airtel rose the most by 3.34 per cent among Sensex scrips after brokerage firm CLSA said that the company
with 201 million subscribers is best placed to take a lead in the data ramp-up in the country.
Larsen and Toubro, SBI and HDFC were also among major gainers.
A firming trend in the Asian region and higher opening in Europe also strengthened the market sentiment, brokers
said.
The interest-sensitive realty sector was the star performer by rising 1.89 per cent, followed by Healthcare index by 1.57
per cent.
www.thehindu.com/business/markets/sensex-nifty-rise-for-the-sixth-day-as-foreign-funds-pour-in/article5862779.ece?homepage=true&css=print

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Sensex, Nifty rise for the sixth day as foreign funds pour in - The Hindu

Oil and gas index rose by 1.43 per cent and capital goods index by 1.18 per cent. The banking sector index also added
0.93 per cent.
Keywords: Bombay Stock Exchange, Sensex, Foreign Investors, Global trends
Printable version | Apr 2, 2014 6:03:14 PM | http://www.thehindu.com/business/markets/sensex-nifty-rise-for-thesixth-day-as-foreign-funds-pour-in/article5862779.ece
The Hindu

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Dow Hits New High On Positive Data | Fox Business


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Also on the economic front, the Commerce Department said factory

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orders rose 1.6% in February, modestly beating expectations for a

Market Check

1.2% increase. Excluding the transportation segment, orders were up


0.7%.
U.S. stocks also moved higher after Atlanta Fed President Dennis
Lockhart, who told an audience in Atlanta that the Feds bond tapering
program is going smoothly and reiterated the central banks broader

Market Check: RUBI

message that the unemployment rate wont be the only indicator used

Ford shares get boost from strong m argins

to determine future interest rate policy.

S&P 500 Logs Fresh High in 2Q Debut


Wall Street Jum ps in 2Q Debut

The blue chips rallied 75 points, or 0.46%, on Tuesday, notching their


second highest close in history. The S&P 500 extended its win streak
to three days and logged its seventh record close of this year alone.
On the earnings front, seed giant Monsanto (MON) beat the Street
with quarterly EPS of $3.15 and matched estimates with revenue of
$5.8 billion.
In the commodities complex, crude oil fell 56 cents a barrel, or 0.56%,
to $99.19. Gold jumped $11.80 a troy ounce, or 0.92%, to $1,292.00.
Global Markets
In Europe, the Euro Stoxx 50 rose 0.03% to 3187.45, while the
U.K.s FTSE 100 ticked up 0.10% to 6650.04 and Germanys DAX
gained 0.15% to 9617.87.
In Asia, Japans Nikkei 225 jumped 1.04% to 14946.32 and the Hong
Kong Hang Seng advanced 0.34% to 22523.94.
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New record for S&P 500, Dow just misses - Apr. 2, 2014

New record for S&P 500, Dow just misses


By Patrick Sheridan @CNNMoneyInvest April 2, 2014: 4:28 PM ET

Click for more information

31

31

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NEW YORK (CNNMoney)

The S&P 500 closed at a new record high, its eighth of the year. The Dow Jones Industrial Average just missed closing at a new
record, falling short by a mere 3 points.
A late afternoon rally helped power the indexes down the stretch, with the Nasdaq closing higher as well. But a record close for
the S&P 500 at 1,890.90 was far from a sure thing during much of the session as stocks gained then retreated several times.
Investors will now turn their attention to Friday's much anticipated March unemployment report.
Today, they kept a close eye on this morning's ADP employment report, which showed a gain of 191,000 private sector jobs last
month. That's slightly below expectations, but it was still the strongest job growth in three months.
Factory orders for February also came in better than expected at 1.6% growth for the month.
Related: Fear & Greed Index tips back to greed
Pharmaceutical firm Mannkind ( MNKD) was one of the hottest stocks of the day after the company said its inhaled diabetes
drug Afrezza was given the approval nod by a Food and Drug Administration advisory committee. The FDA is expected to make
its final decision on Afrezza in mid-April.
StockTwits traders were excited about the prospects.
"$MNKD Remember the FDA has all the data for a very long time & now they got an overwhelmingly positive vote from the
advisory committee - they don't need to wait," said Catalystinvestor.
But topsecret tried to keep today's move in perspective,"$MNKD Realistically, how high could this go after approval...?"

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New record for S&P 500, Dow just misses - Apr. 2, 2014

An FDA approval continued to power the stock of Intuitive Surgical ( ISRG) today. Shares were up nearly 5%, after jumping
13% on Tuesday after news that the FDA had cleared the latest version of the company's surgical robot system for wider use.
GM ( GM, Fortune 500) remained in focus again as CEO Mary Barra returned to Capitol Hill to answer legislators' questions
regarding the automaker's botched ignition switch recall. Despite all the negative publicity, GM reported sales Tuesday that
topped analysts' expectations and it stock was up today.
Related: 7 takeaways from the GM hearings
Amazon.com ( AMZN, Fortune 500) shares ended lower despite unveiling its Amazon FireTV device that enables televisions
to access programming from its Amazon Prime subscription service. Amazon joins competitors like Google ( GOOG, Fortune
500), Appl ( AAPL, Fortune 500)e, Microsoft ( MSFT, Fortune 500) and Roku that want to replace set top boxes from cable
and satellite companies that sit in your living room.
Related: Amazon unveils streaming media device

StrayTrader said Apple was asleep at the switch, "AAPL has delayed Apple TV development and upgrade for so long that
$AMZN can step into the void and attack the market."
But profit-guru seemed more excited about the fact that Amazon also unveiled a game controller for the new FireTV
device,"$AMZN - fire game controller will be game changer... no brainer stock will go up..IMO."

End of era for Sears without Lands' End


Shares of Sears Holdings ( SHLD, Fortune 500) were up nearly 3% as investors are apparently optimistic about Friday's
expected spinoff of its Lands' End clothing business. Sears bought the company in 2002 for $2 billion.
BlackBerry ( BBRY) shares were up more than 1% following news that T-Mobile ( TMUS) will no longer sell BlackBerry
phones after April 25th. BlackBerry owners who use T-Mobile will still be able to use their phones and get product support even
after the deadline, but the contract between the two companies won't be renewed according to BlackBerry.
The Rubicon Project ( RUBI) began trading today with a bang... up 33%! The online advertising service provider priced its
initial public offering last night at $15 a share, on the lower end of expectations.
Related: CNNMoney's Tech30

One stock taking a beating is Apollo Education Group ( APOL), down nearly 9%. The online learning company which owns and
operates University of Phoenix, reporting lower than expected quarterly revenue.
European markets finished higher as did the Asian markets.

First Published: April 2, 2014: 10:01 AM ET

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Turnaround Tuesday: Nasdaq Bounces After Three-Day Retreat | Fox Business


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Michael Block, chief strategist at Rhino Trading Partners, said he's

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treading carefully as well.

Morning Biz Outlook

"The names I like on the long side here mainly reside in the value
bucket, and include names that lagged coming into this whole time
period, but have held up better during it," he wrote in an e-mail.
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(GOOG).
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Veteran floor trading Teddy Weisberg told FOX Business that it is


"still too early to tell" which way stocks will be headed.
Earnings season unofficially kicks off after the closing bell Tuesday,
with aluminum heavyweight Alcoa (AA) posting its first-quarter results.
Later in the week banking giants JPMorgan Chase (JPM) and Wells
Fargo (WFC) are set to report.

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4:00 PM

523.44
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58.19
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25.75
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16.44
4:01 PM

rose to 93.4 in March from 91.4 in February.


Elsewhere, U.S. crude oil futures rose 89 cents, or 0.9%, to $101.34 a
barrel. Wholesale New York Habor gasoline gained 0.49% to $2.94 a
gallon. Gold rose $14.10, or 1.1%, to $1,312 troy ounce.
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3/3

4/9/14

Stocks soar on Fed, earnings optimism - Apr. 9, 2014

Stocks soar on Fed, earnings optimism


By Jesse Solomon @JesseSolomonCNN April 9, 2014: 4:27 PM ET

Click the chart for more markets data.

56

56

TOTAL SHARES

NEW YORK (CNNMoney)

Markets were in comeback mode Wednesday as first quarter earnings season kicked into gear and the Fed sounded a
dovish tone.
The Dow jumped over 180 points, while the Nasdaq gained 1.7% and the S&P 500 moved higher by more than 1%.
It was the second straight win for stocks after a three day losing streak.
Today's bounce put the Nasdaq into positive territory for the year. The S&P 500 is also in the green for the year, but the
Dow is still in the red.
While stocks started off with some spring in their step, investors really rallied after the release of the Federal Reserve's
March meeting minutes at 2p.m ET.
The minutes indicated that Fed members were almost all united in getting rid of the 6.5% unemployment target as a gauge
for timing interest rate increases. Investors took that as a sign that rates would remain low for some time.
At the press conference following that meeting last month, Fed Chief Janet Yellen briefly spooked investors when she
stated that the U.S. central bank's stimulus program would most likely be finished by the fall and that a rate hike could come
as soon as early 2015.
Auto stocks were under pressure today after Toyota announced a massive global recall. General Motors, grappling with
the continuing fallout of its boched ignition switch recall, also fell.
In other corporate news, Comcast and Time Warner Cable representatives appeared before the Senate Judiciary
Committee to plead their case for merging the companies. Shares of both companies rose Wednesday.

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1/3

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Stocks soar on Fed, earnings optimism - Apr. 9, 2014

Related: Fear & Greed Index still gripped by fear

Earnings will most likely be the main catalyst for the markets in the weeks ahead. The first quarter was hampered by severe
winter weather, which may have had an impact on companies' bottom lines.
The earnings season unofficially commenced yesterday afternoon when Alcoa ( AA, Fortune 500) reported earnings that
topped expectations. Shares of the aluminum producer advanced Wednesday. The next big reports will be from J.P. Morgan
( JPM, Fortune 500) and Wells Fargo ( WFC, Fortune 500) on Friday.
Related: Brace yourself for ugly corporate earnings

Corporate executives at Constellation Brands ( STZ) should have been toasting after the alcoholic beverages company
posted quarterly profits that beat estimates, thanks to a bump in its beer shipments business. Instead, shares fell
Wednesday after an initial jump.
StockTwits trader SR5Group seemed to think the price drop was unwarranted.
"nonsense sell-off created opportunity $STZ," he said.
Facebook ( FB, Fortune 500)surged more than 7% after an analyst report claimed that Instagram is now is the top social
network amongst teens. Facebook bought Instagram in 2012 for $1 billion.
"$FB buy of Instagram for 1B looking like the deal of the century," said NaviAvatar on StockTwits.
The analyst report was significant because Facebook had previously noted concerns about teenage usage.
"$FB is the rolodex of this generation. It aint going anywhere!," said StockTwits trader tihmstaysgreen.
But Facebook is what many would call a momentum stock, and such shares have pulled back recently on valuation
concerns.
Related: Investors aren't bringing sexy back

"$FB That which goes up must come down, just be prepared," said Scarredtradernocry on StockTwits.
Shares of medical robotics company Intuitive Surgical ( ISRG) plunged after the company said it expects first quarter
revenue to come in 24% lower than the same quarter last year. The dreary forecast comes just weeks after the stock soared
following F.D.A. approval for a new surgical robot device.

Robot surgeon stock in ICU


In IPO news, La Quinta ( LQ) hotel chain began trading today under the symbol LQ. Shares ended up after swinging
between gains and losses earlier in the day.
Chinese healthcare firm, iKang (

KANG), another stock making its debut, spiked in its debut and ended the day about 9%

money.cnn.com/2014/04/09/investing/stocks-markets/index.html?iid=Lead

2/3

4/9/14

Stocks soar on Fed, earnings optimism - Apr. 9, 2014

higher. Investors are watching Chinese IPOs as marquee brands Weibo (aka "Chinese Twitter") and Alibaba are expected to
list soon.
Related: CNNMoney's Tech30

European markets closed higher Wednesday.


Most Asian markets also managed gains, led by Hong Kong's Hang Seng with a 1.1% rise. Japan's Nikkei continued its
decline, falling 2.1%, as hopes fade of more central bank stimulus.

First Published: April 9, 2014: 9:50 AM ET

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Bulls Charge the Street as Traders Cheer FOMC Minutes | Fox Business
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Today's Markets
As of 4:02 p.m. ET, the Dow Jones Industrial Average rose 181

Global Markets

points, or 1.1%, to 16437, the S&P 500 advanced 20.2 points, or

Slump as Tech
Gloom Persists

1.1%, to 1872 and the Nasdaq Composite climbed 70.9 points, or

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1.7%, to 4184.
LQ

17.12

LA QUINTA HO...

+0.12

GS
THE GOLDMAN ...

158.16
+1.60

Cyber Shakedown:

Wall Street posted its first gains in four days on Tuesday as traders

Hackers Unleash
Mafia-Style

cautiously scooped up some beaten down growth stocks. The

Extortion Tactics

encouraging sentiment persisted into Wednesday after Alcoa (AA),


the aluminum giant, revealed adjusted earnings that topped

BX

31.27

expectations. Other earnings on tap this week including banking

BLACKSTONE G...

+0.85

behemoths JPMorgan Chase (JPM) and Wells Fargo (WFC).

WFC

49.10

WELLS FARGO ...

+0.27

STZ

80.64

CONSTELLATIO...

-0.84

www.foxbusiness.com/markets/2014/04/09/bulls-charge-street-as-traders-cheer-fomc-minutes/

Savings Bonds are


Giving Me a Tax
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Those gains were extended after minutes from the Federal Reserve's

What's this?

meeting showed policymakers probably won't be raising rates in near

Morning Biz Outlook

future amid worries about low inflation and slack in the labor market.
This comes after Janet Yellen said the Fed could start hiking shortterm interest rates from record lows as soon as six months after it
completes its bond-purchasing program in a comment that roiled
markets.

Morning Business Outlook: 4/9/14

Elsewhere, Goldman Sachs (GS) is said to be shuttering its dark

Stocks Shake Off Doldrum s

pool, which lets certain investors trade shares off the major

Stocks Try to End Skid; Alcoa on Tap Tonight

exchanges, according to a report by FOX Business's Charlie


Gasparino. The No. 1 U.S. investment bank denied the report.
Constellation Brands (STZ) saw its quarterly profits nearly double
on solid beer sales. La Quinta (LQ) shares wavered in their New
York Stock Exchange debut. The hotel brand is backed by privateequity heavyweight Blackstone (BX).
U.S. crude oil futures climbed 15 points, or 0.15%, to $102.71 a
barrel. Wholesale New York Harbor gasoline rose 0.31% to $2.99 a
gallon. Gold fell $5.30, or 0.39%, to $1,304 a troy ounce.

MOST POPULAR STOCKS

-1.61%

FORD MOTOR CO...

Apr 9

FB

+7.25%

FACEBOOK INC.

Apr 9

GE

+0.78%

GENERAL ELECT...

Apr 9

AAPL

+1.31%

APPLE INC.

Apr 9

BAC

+1.09%

BANK OF AMERI...

Apr 9

15.84
4:00 PM

62.41
4:00 PM

25.95
4:00 PM

530.32
4:00 PM

16.62
4:00 PM

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4/14/14

Stocks end higher after rocky day - Apr. 14, 2014

Stocks bounce back...somewhat


By Patrick M. Sheridan @CNNMoneyInvest April 14, 2014: 4:37 PM ET

53

53

TOTAL SHARES

NEW YORK (CNNMoney)

The stock market today felt a bit like a game of musical chairs with no one quite sure where it would end up.
Stocks ultimately finished higher, but about an hour before the close all bets were off as a late wave of selling hit the biotech
sector hard pushing the iShares Nasdaq Biotechnology ETF into negative territory and dragging the Nasdaq with it, before both
recovered.
In the end the Nasdaq finished up 0.60%, while the Dow and S&P 500 closed just shy of 1% gains. All three indexes are still down
for the year.
"It looked like at the end of the day institutional investors were waiting to see if the rally fell apart but the Dow and S&P stayed
positive. When they saw that, the Nasdaq closed with a gain," said Sam Stovall, chief equity analyst at S&P Capital IQ.
Much of the recent choppiness in the markets has been driven by so called "momentum stocks", the tech and biotech companies
that had an incredible run in the past year, but have fallen sharply in recent days.
Related: Investors aren't bringing sexy back
But not today. New media companies like Facebook ( FB, Fortune 500), Twitter ( TWTR), Amazon ( AMZN, Fortune 500),
Netflix ( NFLX) and biotech powerhouses Biogen Idec ( BIIB, Fortune 500), Gilead Sciences ( GILD, Fortune 500), and
Alexion Pharmaceuticals ( ALXN) all gained some ground.
"It's nice to see some green today, but investors are still shell shocked over what they've witnessed," said Brian Fenske, head of
sales trading at ITG.
Right now it's all about earnings season.
Related: Can earnings save the day?

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Stocks end higher after rocky day - Apr. 14, 2014

"As important as the actual earnings are, just as important will be how the stocks react. If Google beats expectations but the
stock sells off, that's a worry," Fenske added. Google ( GOOG, Fortune 500), Yahoo ( YHOO, Fortune 500), IBM ( IBM,
Fortune 500) and Intel ( INTC, Fortune 500) report earnings later this week.
Traders expect more volatility as earnings season kicks into full swing over the next few weeks. It's interesting to note that
CNNMoney's Fear & Greed Index is still solidly in "extreme fear" mode.
The big earnings star today was Citigroup ( C, Fortune 500). It jumped more than 3%, helping ignite the morning rally in stocks.
The third largest U.S. bank beat analysts' forecasts for first quarter earnings. Profits rose 4% from the same period last year.
Related: Things are looking up for Citigroup

Earnings from Bank of America (


500) come later in the week.

BAC, Fortune 500), Goldman Sachs (

GS, Fortune 500), and Morgan Stanley (

MS, Fortune

But one trader on StockTwits was skeptical of Citigroup's performance. JJSinghSTARR suggested that it had more to do with
accounting than actual earnings,"$C For management... I'm not sure how smart it is to have these loan "write-ups" just after you
failed a stress test. Counter intuitive?" Citigroup's capital plan failed a Federal Reserve stress test a few weeks ago.
MaxDamage echoed JJSinghSTARR,"$C Another day, another set of dodgy bank numbers. Look how they beat, and then you
can see through the smoke and mirrors."
Related: Invest in the next Facebook ... for a few bucks

Another stock that took a pounding on Friday, but bounced back today was Herbalife ( HLF). Shares of the multi-level
marketer plunged after a report in the Financial Times saying the that the Department of Justice and the FBI had launched a
criminal probe of the company. But Herbalife ( HLF) said it had "no knowledge of any ongoing investigation by the DOJ or the
FBI."
OPTIONSPAIDFORMYS550 was pessimistic, "$HLF The REAL question here is how SOON before one of the government
agencies mentioned in Friday's article confirms the investigation."
But there were plenty of Herbalife ( HLF) defenders like KiddoTrader,"HLF Bulls, don't be intimidated by some Ackman
puppets on this board... use your common sense." Hedge fund activist Bill Ackman is a vocal critic of the company and has a
billion dollar bet that the stock will go to zero.
Snoooop40 is another Herbalife ( HLF) fan, "You may be unsatisfied with existing laws regarding MLM's (multi-level
marketers), but $HLF will be found to be operating legally. The MUTHA of all bear-traps. Gulp."
Related: CNNMoney Tech30 Index

On the economic front, March retail sales posted their biggest gain since September 2012, up 1.1% as shoppers started
returning to stores after the frigid winter months. Sales were exceptionally strong at auto dealers.
One of the biggest gainers in the S&P500 today was Edwards Lifesciences. ( EW)That's because the company was granted a
preliminary injunction limiting the sale of Medtronic's ( MDT, Fortune 500) competing heart valve system. Medtronic
( MDT, Fortune 500) slid on the news.
Related: Investors dip a toe back into emerging markets

European markets closed higher, but there was an air of caution regarding the growing threat of U.S. and European sanctions
against Russia.
Russian stocks and the ruble dropped as the continuing strife between Russia and Ukraine ramped up to a fever pitch. ProRussian protesters seized a police station in Ukraine and the government threatened to oust them with a "full scale antiterrorist operation."
"Even before this, the U.S. and Europe were threatening more sanctions as Russia forces remain amassed on the Ukraine
border," wrote currency strategist Marc Chandler in a market report for Brown Brothers Harriman. "The position and weapons
of those forces ... is leading NATO to conclude that Putin is seeking the full occupation of Ukraine."
Asian markets closed mixed.
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Stocks end higher after rocky day - Apr. 14, 2014

First Published: April 14, 2014: 9:49 AM ET

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Wall Street Posts Rebound Rally on Strong Retail Sales | Fox Business
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Mid-Market Report:

Citigroup, propelled U.S. markets sharply higher on Monday.

Shutterfly, Kodak
Reach Deal

0 Com m ents

Today's Markets
According to preliminary calculations, the Dow Jones Industrial

Global Stock Selloff

Average jumped 147 points, or 0.92%, to 16175, the S&P 500 rose

Persists Amid
Ukraine Tension

14.8 points, or 0.82%, to 1831 and the Nasdaq Composite advanced

RELATED STOCKS

24.6 points, or 0.62%, to 4025.


C

47.54

CITIGROUP IN...

+1.86

CME Group Named

The tech-heavy Nasdaq tumbled 3.1% last week in its worst slump

in High-Frequency
Trading Suit

since 2012. The broader S&P 500 also took its worst hit in close to
two years, sinking 2.7%. The move was driven by a selloff in once
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Wall Street Posts Rebound Rally on Strong Retail Sales | Fox Business

The Commerce Department said retail sales in March rose 1.1%, the

What's this?

biggest rise since September 2012, surpassing the 0.8% estimate.

Morning Biz Outlook

Excluding the auto segment, sales rose 0.7%, beating estimates of a


0.5% increase.
Economists broadly expect the U.S. economy to have started
recovering last month from the winter slowdown that affected many

Middle market employment


expected to grow 3.2% in 2014

sectors.
"The bottom line is that [Monday's] report is but the latest piece of

Mid-Market Report: Shutterfly, Kodak Reach


Deal

evidence that the economy was unduly hampered by poor weather

Stocks Pum m eled, And Dow nw ard Mom entum


Continues

earlier in the year and as we progress through 2014, things should


improve from there," Dan Greenhaus, chief strategist at BTIG, wrote in

MOST POPULAR STOCKS

an email to clients.
On the corporate front, Citigroup (C) posted better-than-expected
first-quarter results on the top and bottom lines. The No. 3 U.S. has
taken the spotlight recently after failing a portion of the Federal
Reserve's stress tests and revealing a fraud in its Mexico subsidiary.
TIAA-CREF said it will buy Nuveen Investments for $6.25 billion,
including debt, in a deal that will make a money manager with $800
billion in assets under management, according to the Wall Street
Journal.

+0.19%

FORD MOTOR CO...

Apr 14

FB

+0.19%

FACEBOOK INC.

Apr 14

15.66
3:48 PM

58.64
3:48 PM

BAC

+1.11%

BANK OF AMERI...

Apr 14

3:48 PM

AAPL

+0.45%

521.97

APPLE INC.

Apr 14

3:48 PM

GE

+0.90%

GENERAL ELECT...

Apr 14

15.94

25.66
3:49 PM

Elsewhere, U.S. crude oil futures fell 13 cents, or 0.13%, to $103.61 a


barrel. Wholesale New York Harbor gasoline rose 0.13% to $3.018 a
gallon. Gold climbed $3.30, or 0.25%, to $1,322 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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on the top and bottom lines, while Coca-Cola (KO) revealed quarterly
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The Labor Department reported prices for consumer goods rose

What's this?

0.2% in March, slightly topping Wall Street views of a 0.1% increase.

Morning Biz Outlook

Excluding the food and energy components, prices rose by the same
margin, also above estimates of 0.1%.The Federal Reserve has been
working hard to boost inflation, so the data are expected to take on
increased emphasis.
The New York Federal Reserves gauge of manufacturing activity fell

Morning Business Outlook: 4/15/14

to 1.29 in April, compared to 5.61 in March. Economists expected the

BBB Warns of Netflix Scam

metric to rise to 8. Readings above 0 point to expansion, while those

Mid-Market Report: Shutterfly, Kodak Reach


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below indicate contraction.


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The National Association of Home Builders said homebuilder


sentiment rose to 47 in April, from 46 in March, coming in below Wall

+0.89%

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AAPL

-0.71%

517.96

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Street estimates of 50.


Ukraine is once again garnering headlines. There were several news
reports that Ukrainian military troops moved into an Eastern Ukrainian

BAC

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town called Kramatorsk, where pro-Russian militants had been


reported as having taken various buildings in recent days.
Elsewhere, U.S. crude oil futures fell 97 cents, or 0.93%, to $103.08 a
barrel. Wholesale New York Harbor gasoline dipped 0.71% to $3.017

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a gallon. Gold dropped $23.90, or 1.8%, to $1,303 a troy ounce.


Follow Adam Samson on Twitter @adamsamson.
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Stocks finish higher on turnaround Tuesday - Apr. 15, 2014

Stocks finish higher on turnaround Tuesday


By Ben Rooney @CNNMoneyInvest April 15, 2014: 4:23 PM ET

Click for more market data.

NEW YORK (CNNMoney)

Investors seemed to have trouble making up their minds Tuesday. Stocks rallied out of the gate, then languished for most of
the day before sprinting into the close.
The Dow Jones Industrial Average, the S&P 500 and the Nasdaq all ended the day higher, shaking off worries that
certain technology stocks are overvalued.
The Dow ended higher for the fifth Tuesday in a row, reviving talk about Turnaround Tuesday. Last year, the Dow had an
unprecedented run of 20 winning Tuesdays in a row. So far this year, it has gained on 11 of the past 15 Tuesdays.
Trading volume has been light this week, with many market participants taking time off for the Passover holiday. U.S.
markets will be dark on Friday in honor of Good Friday.
With fewer shares trading hands, the market tends to be more volatile.
Related: Fear & Greed Index slides into extreme fear

In addition, trading could be even more choppy this week because options contracts that were set to expire Friday will need
to be settled earlier, said J.J. Kinahan, chief derivatives strategist at TD Ameritrade. That could cause big moves in the
underlying securities.
Investors' nerves have been frayed by wild swings in so-called momentum stocks over the past few weeks. Biotech and
internet stocks have been battered as investors worry that they have become overvalued following last year's big rally.
Related: Investors hit the brakes on Tesla stock

"What we have been witnessing is a nasty round of profit taking, as investors who rode the momentum higher are booking
their gains and stepping aside," said David Joy, chief market strategist at Ameriprise Financial.
But at least one battered momentum stock was back in fashion Tuesday. Twitter ( TWTR) shares surged more than 11%
after the social media company announced that it had hired a former Google ( GOOG, Fortune 500) executive to help run
its consumer division and that it would acquire data startup Gnip.
The rally did not go unnoticed on StockTwits, the Twitter-like social network for traders.

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Stocks finish higher on turnaround Tuesday - Apr. 15, 2014

"I think today is a significant event in $TWTR and this should not be taken lightly. We'll look back to today and point to it.
Watch," said a user using the handle allstarcharts.
Another user suggested the rebound could bode well for other momentum stocks.
"$TWTR didn't twitter sort of lead this momo correction? maybe this pop is a leading indicator?," read a post by zv2013.
Still, other traders weren't so sure the rebound will last.
"$TWTR dream or for real?," asks Torpedo.
Geopolitical concerns were also at play as Ukrainian forces moved against pro-Russian separatists in the restive eastern
Donetsk region.
Related: Ukraine hikes rates in bid to defend economy

Some traders on StockTwits were bracing for an escalation of the crisis, which has been simmering for weeks.
"$SPY Tension is brewing. Ukraine took back airfield, this is the beginning," wrote bkahuna123.
But others downplayed the geopolitical turmoil, pointing instead to the carnage in momentum stocks.
"$SPY Ukraine is an easy scapegoat but let's talk about the elephant in the room...the MOMO slaughter. Sorry, that is not
just 'rotation,'" read a post by Scaletrader.
Related: CNNMoney's Tech 30

Meanwhile, corporate earnings are in focus this week with nine Dow companies and 10% of the S&P 500 set to release first
quarter results.
After the market closed, Yahoo (
that beat analysts' expectations.

YHOO, Fortune 500) and Intel (

INTC, Fortune 500) both reported quarterly earnings

Overall, earnings in the first quarter are expected to fall 1.6% versus last year, according to FactSet Research.
"We're moving into the heart of earnings season now," said Art Hogan, chief market strategist for Wunderlich Securities.
"We've got a lot of financial reporting this week. The bars are set low enough that earnings expectations are in line with
reality."
Coca-Cola ( KO, Fortune 500)and Johnson & Johnson ( JNJ, Fortune 500) both surprised investors Tuesday morning
with better than expected results. This follows good news yesterday from Citigroup ( C, Fortune 500). Thus far, the only
major disappointment has been JPMorgan ( JPM, Fortune 500).

J&J healthy amid selloff

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Stocks finish higher on turnaround Tuesday - Apr. 15, 2014

In economic news, the Consumer Price Index rose 0.2% in March, compared with the 0.1% rise economists had
predicted. Excluding food and energy prices, the index increased 0.1%, matching expectations.
Related: Housing, food costs on the rise

A measure of manufacturing activity in the New York area unexpectedly fell in April. The so called "empire index" fell to 1.3
this month, according to the Federal Reserve Bank of New York. Economists were expecting an increase.
European markets are fell as tension in Ukraine weighed on sentiment. Asian markets closed with mixed results.

First Published: April 15, 2014: 9:51 AM ET

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Stocks Leap on Strong Data, Yellen Remarks | Fox Business


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Still, many analysts struck a cautious tone.

What's this?

Morning Biz Outlook

"We maintain our view that GDP growth is on a downtrend and we


continue to expect it to slow to 7.1% in (the second quarter)," analysts
at Japan-based Nomura wrote in a note to clients.
"We believe the government will not announce any new easing
measures in April as it waits to see how the economy responds to the

Morning Business Outlook: 4/15/14

current fiscal easing measures."

BBB Warns of Netflix Scam


Mid-Market Report: Shutterfly, Kodak Reach
Deal

Meanwhile, the Commerce Department reports starts of new home


construction rose 2.8% in March to an annualized rate of 946,000,
short of expectations for an increase to 973,000. Permits fell 2.4% in
the same month to an annualized rate of 990,000, also below Wall
Street views of a drop to 1.01 million. New home construction is seen
having rebounded in March after weather weighed the market down

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during the first two months of the year.


Meanwhile, Federal Reserve chief Janet Yellen said the central bank
sees the unemployment rate falling back to its "normal" level in about
two years.
In prepared remarks to The Economic Club of New York, the newly-

16.13
4:00 PM

16.07
4:00 PM

GE

+1.16%

GENERAL ELECT...

Apr 16

4:00 PM

26.12

IBM

-0.35%

196.34

INTERNATIONAL...

Apr 16

3:59 PM

AAPL

+0.20%

519.01

APPLE INC.

Apr 16

4:00 PM

minted head of the mighty central bank said she will look at a range of
indicators in deciding when to raise short-term rates from historic
lows. Those gauges range from wage growth, to the labor force
participation rate, to the share of workers who are working part time
for economic reasons.
The Federal Reserve's anecdotal Beige Book report is due out at 2
p.m. ET.
In corporate news, Bank of America (BAC) swung to a first-quarter
loss on a $6 billion litigation expense as the No. 2 U.S. bank faces a
series of lawsuits from regulators. Yahoo (YHOO) and Intel (INTC)
shares climbed amid stronger-than-expected quarterly results.
Google (GOOG) and American Express (AXP) both post their
results after the close of trading.
Elsewhere, U.S. crude oil futures jumped by 96 cents, or 0.93%, to
$104.71 a barrel. Wholesale New York Harbor gasoline rose 0.1% to
$3.045 a gallon. Gold rose $1.70, or 0.13%, to $1,302 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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Quotes delayed at least 15 minutes. Real-time quotes provided by BATS Exchange. Market Data provided by Interactive Data (Term s & Conditions). Pow ered and
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Feel good Wednesday: Markets up 1% - Apr. 16, 2014

Feel good Wednesday: Markets up 1%


By Jesse Solomon @JesseSolomonCNN April 16, 2014: 4:25 PM ET

Click the chart more more markets data.

33

33

TOTAL SHARES

NEW YORK (CNNMoney)

Investors did a happy dance on Wednesday as earnings, economic data and Janet Yellen brought good news.
The Dow soared 162 points, while the S&P 500 and Nasdaq both bounced over 1%.
Despite a lot of choppiness in the markets in recent weeks, Wednesday's gains marked the third consecutive win for the three
major U.S. indexes.
Related: Fear & Greed Index still wallowing in extreme fear

Federal Reserve Chief Yellen sent a clear message to Wall Street today to stop panicking about interest rates.
"Interest rates will likely stay at current levels for a considerable time after asset purchase program ends," she said.
Investors took this as more assurance that rates aren't going up any time soon, and the market held steady and then ticked up
slightly after she finished her remarks.
Earnings are the other big story today. After the bell, Google ( GOOGL) reported earnings that missed analyst expectations.
The tech giant said it saw a decrease in the average cost-per-click of ads posted on its site. Shares fell over 5% in after-hours
trading.
Yahoo ( YHOO, Fortune 500) surged 6% after the company posted earnings and sales Tuesday night that came in slightly
ahead of expectations.
Yahoo investors are also excited for the highly-anticipated Alibaba IPO. Yahoo owns 24% of the Chinese internet giant, putting
it in position for a multi-billion dollar windfall from the deal.

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Feel good Wednesday: Markets up 1% - Apr. 16, 2014

"Way to go $YHOO," said amigobulls on StockTwits.


"What are you willing to do to get a 25% stake in Alibaba? Buy yahoo," said Catalystinvestor.
Related: Yahoo surges following first-quarter results

Bank of America ( BAC, Fortune 500) wasn't having such a great day after reporting a quarterly loss stemming from its $6
billion in litigation expenses from a settlement with the Federal Housing Finance Agency. The settlement was related to the
bank misrepresenting risky mortgage securities that contributed to the housing crisis.
A few StockTwits traders were nonetheless optimistic on Bank of America's prospects.
"We have known about the high litigation cost in $BAC for a while now. Look past it," said DanStarr.
"$BAC Buy buy buy... huge discount smart investors will take advantage," said Crickshank.
Intel (

INTC, Fortune 500) reported earnings that beat analysts' estimates by a cent. Its stock ticked up Wednesday.

Intel bucks tech stock slide


Aside from earnings, Chinese Internet giant Weibo is expected to price its initial public offering after the closing bell on
Wednesday. The social media powerhouse, sometimes referred to as China's Twitter, is expected to sell about $380 million in
stock, putting its value at about $4 billion.
Related: Weibo IPO leads Chinese stock invasion

King Digital Entertainment ( KING) is taking its popular Candy Crush Saga game to China. The stock shot up over 3.4% as
investors imagined how many millions, if not billions, of bored Chinese would start playing.
Shares of SodaStream ( SODA)spiked after an Israeli newspaper reported that the soda machine maker is in talks to sell a
stake to a major soft-drink company.
But StockTwits trader danielmardorf thought the rumors were just that.
"$SODA how many times people fall for same fake rumor ? Complete suckers," he said.
Related: CNNMoney's Tech30

In other economic news, the government released housing data that showed new home construction rose from February,
though it was down from a year ago.
Elsewhere, there was comforting news from China. The world's second largest economy grew at an annual rate of 7.4% in the
first quarter.
The major European markets closed mostly higher, with Germany's Dax index up by over 1%. Nearly all Asian markets ended

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Feel good Wednesday: Markets up 1% - Apr. 16, 2014

with gains. The Nikkei in Japan surged by 3%.

First Published: April 16, 2014: 10:00 AM ET

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4/17/14

Sensex surges 351 points on value buying - The Hindu

Business Markets
Published: April 17, 2014 10:04 IST | Updated: April 17, 2014 16:49 IST

Sensex surges 351 points on value buying


PTI

After three days of losses, the BSE benchmark Sensex on Thursday surged by over 351 points on value buying by
foreign funds amid corporates TCS and HCL Tech reporting robust fourth quarter earning figures.
The 30-share Sensex soared by 351.61 points, or 1.58 per cent, to end the days trade at 22,628.84. It had lost 438
points in the previous three sessions.
The 50-share Nifty of National Stock Exchange also spurted by 104.10 points, or 1.56 per cent, to close the day at
6,779.40.
Brokers said investors resorted to value-buying in financial and rate sensitive stocks realty, auto and metal counters
which have been losers in the past few days.
They said trading sentiment was bolstered by TCS, HCL Technologies and Mindtree which reporter robust earning
figures.
A better trend in the Asian region and higher opening in Europe after US industrial production increased more than
forecast in March also supported the uptrend, they added.
Infosys and TCS ended higher by over one per cent.
Heavy-weight Reliance Industries rose by 1.88 per cent to Rs 958.75 ahead of hte release of its earnings tomorrow.
In 30-BSE index components, 29 stocks closed with gains, led by State Bank of India.
Axis Bank, ICICI Bank, HDFC Ltd, Bharti Airtel, BHEL, GAIL, Hindalco, ITC, Maruti Suzuki, Mahindra and
Mahindra, Tata Motors, Tata Power and Tata Steel were the other prominent gainers.
The realty sector index gained the most by rising 2.79 per cent to 1,492.84. Auto index was up 2.25 per cent at
13,494.62. The metal index rose by 1.85 per cent to 10,266.72 and banking 1.78 per cent to 14,625.65.
Investors were also creating fresh positions in blue-chip available at attractive levels before a long weekend. Markets
will remain closed tomorrow for Good Friday, and reopen on Monday for regular trading.
Keywords: BSE, Bombay Stock Exchange, NSE, Nifty, Sensex, Nation Stock Exchange, opening trade
Printable version | Apr 17, 2014 8:01:00 PM | http://www.thehindu.com/business/markets/sensex-surges-351points-on-value-buying/article5921328.ece
The Hindu

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1/1

4/21/14

Sensex gains 136 points; capital goods, metal stocks rise - The Hindu

Business Markets
Published: April 21, 2014 16:43 IST | Updated: April 21, 2014 16:43 IST

Sensex gains 136 points; capital goods, metal stocks rise


IANS

A benchmark index of the Indian stock markets on Monday gained 135.99 points or 0.60 per cent, as capital goods,
metal and bank stocks rose sharply.
Markets were bullish ahead of the result season and the ongoing polling exercise in which business-friendly BJP is
apparently gaining.
The 30-scrip sensitive index S&P Sensex of the Bombay Stock Exchange (BSE) which opened at 22,644.75 points,
ended the days trade at 22,764.83 points (provisional), up 135.99 points or 0.60 per cent from its previous days close
at 22,628.84 points.
The Sensex hit an intra-day high of 22,795.58 points and a low of 22,636.75 points.
In the days trade, capital goods, metal, bank, automobile and consumer durable stocks gained. However, information
technology (IT), fast moving consumer goods (FMCG), technology, entertainment and media (TECK) and realty scrips
came under sustained selling pressure.
The capital goods index of the BSE zoomed 351.13 points, followed by metal index which was up 228.47 points, bank
index was higher by 196.51 points, automobile index rose 196.51 points and consumer durables index was up 27.58
points.
However, IT index was down 60.92 points, FMCG index fell 27.37 points, TECk index was lower by 8.91 points and
realty index dipped 4.12 points.
The wider 50-scrip S&P Nifty of the National Stock Exchange (NSE) touched a record high of 6,822.60 points. It
closed 38.25 points or 0.56 percent up at 6,817.65 points.
Keywords: Sensex, Nifty, BSE, NSE
Printable version | Apr 21, 2014 8:10:01 PM | http://www.thehindu.com/business/markets/sensex-gains-136-pointscapital-goods-metal-stocks-rise/article5933887.ece
The Hindu

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4/21/14

Wall Street Drifts Higher in Quiet Trading | Fox Business


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Wall Street edged up on Monday in light trading as market


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Wall Street Drifts Higher in Quiet Trading | Fox Business


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4/22/14

Stocks up thanks to Netflix, big pharma - Apr. 22, 2014

Stocks: Another Tuesday surge


By Jesse Solomon @JesseSolomonCNN April 22, 2014: 4:28 PM ET

Click the chart for more markets data.

60

60

TOTAL SHARES

NEW YORK (CNNMoney)

Investors love strong earnings, and they love mergers and acquisitions. Tuesday, they got a dose of both.
The Dow was up by 100 points for much of the trading session, but finished with a 65 point gain. The S&P 500 and Nasdaq also
advanced as investors welcomed quarterly results from several big companies and news of mergers in the pharmaceutical
industry.
Today marks the sixth Tuesday in a row that the Dow has ended the day higher.
After the bell, it was a tale of two biotechnology stocks. Gilead Sciences ( GILD, Fortune 500) blew past earnings estimates,
while Amgen ( AMGN, Fortune 500) failed to live up to analysts' expectations. The biotech sector has taken a beating in recent
weeks after experiencing a run up early in the year.
Shares of Netflix ( NFLX)soared 7% after the company reported earnings late Monday that beat expectations and showed
strong subscription growth. It also said it would increase its monthly fee for new customers in some countries later this
quarter.
"$NFLX Glad I held thru earnings. I have complete confidence now that this will be a tremendous company for years to come.
#cuttingthecord," said runnertroy on StockTwits.
Related: Netflix to increase subscription prices

Motorcycle maker Harley Davidson ( HOG, Fortune 500) was also cruising away in Tuesday trading. Its shares rose over 6%
after a strong earnings report this morning.
Outside of earnings, a mega pharmaceutical deal emerged late Monday. Shares in Botox maker Allergan ( AGN, Fortune
500)surged 15% after activist investor Bill Ackman (Allergan's largest shareholder) said he approved of Valeant Pharmaceutical

money.cnn.com/2014/04/22/investing/stocks-markets/index.html?iid=HP_LN

1/3

4/22/14

Stocks up thanks to Netflix, big pharma - Apr. 22, 2014

VRX)'s bid to buy the company. Allergan had already gained 6% on Monday.

"$AGN Well, looks like Bill Ackman increased his net worth over night...Not bad for a day's work," quipped TechTrader17 on
StockTwits.

Botox-maker gets a lift


And Tesla ( TSLA) spiked 7% after a report by the Wall Street Journal cited CEO Elon Musk talking about his company's plan to
build a support network in China. Musk also said that Panasonic would be Tesla's partner in a planned battery gigafactory in the
United States. Tesla has had a stratospheric gain of around 330% in the past year.
"$TSLA I dont even understand this anymore, the strength here is almost impossible level," said StockTwits trader jayzalowitz.
Related: 5 reasons to care about Ackman's Botox bid

In other news Tuesday, Comcast ( CMCSA, Fortune 500)shares bounced after the cable provider reported a 30% jump in profit
for the first quarter. The CEO attributed the gains to the Sochi Olympics, which were broadcast via NBC.
Fast food giant McDonald's ( MCD, Fortune 500) announced lower sales, especially in the U.S. as the company
underperformed expectations. The stock ended lower.
Aerospace company Lockheed Martin (
declined 3%.

LMT, Fortune 500)also reported a year-over-year gain in quarterly income, but shares

Related: Fear & Greed Index still gripped by fear

European markets finished mostly higher. European pharmaceutical firms GlaxoSmithKline ( GLAXF)and Novartis (
announced a multi-billion dollar deal that will see the firms swap some business units and combine others.

NVS)

Asian markets ended with mixed results, though the moves both up and down were relatively modest.

First Published: April 22, 2014: 9:57 AM ET

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Stocks up thanks to Netflix, big pharma - Apr. 22, 2014

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4/23/14

Sensex, Nifty at record highs on capital inflows - The Hindu

Business Markets
Published: April 23, 2014 17:02 IST | Updated: April 23, 2014 17:16 IST

Sensex, Nifty at record highs on capital inflows


PTI

The BSE benchmark index Sensex on Tuesday rose by 118 points to record closing high of 22,876.54 points on buying
by funds mainly in capital goods and banking stocks amid monthly expiry in derivatives.
Similarly, the broader Nifty of the National Stock Exchange too gained 25.45 points, or 0.37 per cent to settle at
record 6,840.80 after touching all time intra-day high of 6,861.60 points.
Buying activity further gathered momentum as investors covered their pending short positions on monthly settlement
in the derivatives segment, brokers said.
Market remained in a record setting spree on sustained capital inflows, they added.
The 30-share Sensex touched record intra-day high of 22,912.52 points on rise in Larsen & Toubro, HDFC Bank and
ICICI Bank.
Later, it pared some of the gains to settle at 22,876.54, up by 118.17 points, or 0.52 per cent.
In 30-BSE index components, 18 stocks gained and 10 declined, while Hindalco and Bajaj Auto held unchanged.
Larsen & Toubro was the biggest gainer among Sensex scrips rising by 2.48 per cent after positive recommendations
by brokerages.
HDFC Bank, which posted strong Q4 results, ICICI Bank, ITC and GAIL rose up to 1.48 per cent. BHEL, Axis Bank,
Tata Steel and Mahindra & Mahindra were also among major gainers.
On the other hand, IT major Wipro fell for the third session posting losses of 1.19 per cent on lower than expected
revenue guidance. NTPC and Tata Motors too fell up to 1.49 per cent.
The capital goods sector index gained the most by rising 1.49 per cent to 12,761.14 followed by banking index by 1.12
www.thehindu.com/business/markets/sensex-nifty-at-record-highs-on-capital-inflows/article5940368.ece?homepage=true&css=print

1/2

4/23/14

Sensex, Nifty at record highs on capital inflows - The Hindu

per cent to 15,012.05. Healthcare index rose by 0.44 per cent to 10,571.61 and FMCG index by 0.41 per cent to
6,978.05.
Keywords: BSE, NSE, Nifty, Sensex, closing trade
Printable version | Apr 23, 2014 9:03:43 PM | http://www.thehindu.com/business/markets/sensex-nifty-at-recordhighs-on-capital-inflows/article5940368.ece
The Hindu

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4/28/14

Stocks End Roller Coaster Trading Day Higher | Fox Business


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By Adam Samson / Pub lished April 28, 2014 / FOXBusiness

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Stocks End Roller Coaster Trading Day Higher | Fox Business

Pfizer (PFE) officially said it made a nearly $100 billion bid to buy
AstraZeneca (AZN) earlier this year, and said earlier this month it is
still pursuing talks with the company.
Forest Laboratories (FRX) said it would buy Furiex
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for $750 Million

Barrick Gold (ABX), Barrick said in a press release.

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Several big earnings reports are due out this week, including
ExxonMobil (XOM), Chevron (CVX), Merck (MRK) and Twitter
(TWTR).
On the economic front, the National Association of Realtors said
signed contracts to buy previously-owned homes rose 3.4% in March,
surpassing Wall Streets expectations for a 1% increase.
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"Sales activity is expected to steadily pick up as more inventory


reaches the market, and from ongoing job creation in the economy."
Elsewhere, U.S. crude oil futures rose 60 cents, or 0.6%, to $101.20 a
barrel. Wholesale New York Harbor gasoline gained 0.01% to $3.075
a gallon. Gold was flat at $1,301 a troy ounce.
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4/28/14

Stocks end higher after roller coaster day - Apr. 28, 2014

Stocks end higher after roller coaster day


By Ben Rooney @CNNMoneyInvest April 28, 2014: 4:22 PM ET

Click for more market data.

116

116

TOTAL SHARES

NEW YORK (CNNMoney)

Investors took another ride on the momentum stock roller coaster Monday.
The Dow Jones industrial average and the S&P 500 both recovered from afternoon weakness to end the day slightly higher. The
Nasdaq ended the day flat after being down more than 1% earlier in the day.
Stocks started the day on a positive note -- the Dow was up over 125 points at mid-morning -- as investors cheered the news of
various deal in the works between European and American companies, but the market came under pressure in the afternoon as
technology stocks took a tumble. Fortunately, it bounced back late in the day.
More tech selling
Despite the rebound, many of last year's biggest winners were still considerably lower.
Social media companies were hit particularly hard. LinkedIn ( LNKD), Facebook ( FB, Fortune 500), and Yelp (
all down sharply. So was Twitter ( TWTR), which is due to report its first quarter results Tuesday afternoon.
Weibo, (

YELP) were

WB) the Chinese social medial company that went public earlier this month, fell 8%.

There was heavy selling in shares of companies that many investors consider to be overvalued, while more stable tech
companies were back in fashion. Netflix ( NFLX), Amazon ( AMZN, Fortune 500) and Priceline ( PCLN, Fortune 500) all fell
as investors flocked to dividend payers such as Apple ( AAPL, Fortune 500) and Microsoft ( MSFT, Fortune 500).
"$AAPL and $MSFT get an A+ for masking the damage in many of the Nasdaq stocks," read a post by StockTwits user
traderstewie.
The big shift to boring and stable

money.cnn.com/2014/04/28/investing/stocks-markets/index.html?iid=HP_LN

1/3

4/28/14

Stocks end higher after roller coaster day - Apr. 28, 2014

Beyond the carnage in momentum stocks, investors were shifting money into stocks that are considered safe havens and selling
shares of companies that are more tied to the economic recovery.
Consumer staples and telecommunications companies were among the best performers, while materials and financial services
companies were deep in the red.
The market is about to enter the time of year when stocks historically have underperformed. Analysts say many investors are
shifting into more defensive stocks as they brace for a slowdown in trading activity, which typically starts in May.
Related: Get ready for the summer bummer

"At this time of year, it is natural for investors to question whether they should reduce their equity exposure as we move closer
to the historically vulnerable May through October period that has coined the old Wall Street adage 'Sell in May,'" wrote Sam
Stovall, chief equity strategist at S&P Capital IQ, in a note to clients.
Merger Monday
In more upbeat news, takeover talk is swirling through the markets as Pfizer ( PFE, Fortune 500) said it has been looking at a
$100 billion bid for AstraZeneca ( AZN), and General Electric is reportedly attempting to buy Alstom's power turbines
business.
The British pound pushed up against the U.S. dollar, trading at its highest level since late 2008, in response to the possibility of a
Pfizer takeover of AstraZeneca, noted Kit Juckes at Societe Generale.
Shares in AstraZeneca surged, while Pfizer shares were also edging higher.
"$SPY If it weren't for the $PFE news I really think we would be negative right now. This is something that could be a LT
gamechanger $STUDY," read a post by 6killer.
Related: Pfizer eyes AstraZeneca for $100 billion acquisition

Both General Electric ( GE, Fortune 500)and Germany's Siemens (SIEME) are reportedly looking to buy the power divisions of
France's Alstom ( ALSMY), though French government officials are said to be concerned about a U.S. takeover.
Trading in Alstom shares has been suspended. The company promised to make a statement by Wednesday at the latest. General
Electric has made no comment.
Siemens said it has proposed to discuss strategic options with Alstom, but declined further comment.
Bad math strikes BofA
Bank of America ( BAC, Fortune 500) shares fell more than 6% after the Federal Reserve required the bank to resubmit its
2014 capital plan because BofA incorrectly reported data used to calculate its capital levels. BofA said it was suspending plans
to hike its dividend and increase its share repurchase program.

money.cnn.com/2014/04/28/investing/stocks-markets/index.html?iid=HP_LN

2/3

4/28/14

Stocks end higher after roller coaster day - Apr. 28, 2014

BofA can't do math?


It's the worst single-day stock drop for BofA since 2012.
Related: Bank of America's big math error

"I just don't understand how a company like $BAC could let something like this happen. Unbelieveable. Keep shooting
themselves in the foot," said TradingCommonSense on StockTwits.
Ukraine fears linger
As if there wasn't enough to worry about in the markets, the Ukraine-Russia situation continues to boil. The White House
unveiled new sanctions against Russian officials and businesses in response to the escalating crisis in Ukraine. The sanctions
target seven Russian officials and 17 entities, including banks and companies tied to Russia's energy industry.
In a major challenge to Kiev's new leaders, armed rebels aligned with Moscow have captured towns and government buildings
across eastern Ukraine and are holding a team of European monitors hostage.
But the sanctions were not as severe as some had feared. Russian stocks and the ruble rallied as investors moved back into
Russian assets following a sharp sell off.
Related: Fear & Greed Index still in fear zone

J.C. Penney ( JCP, Fortune 500) shares jumped 9% in what some traders said was a short squeeze, which is when investors who
have borrowed a stock in order to profit off its decline are forced to buy it back.
Chinese e-commerce company Alibaba, which is preparing to go public in the United States, announced an investment in the
online video website Youku ( YOKU). Alibaba and a private equity firm purchased 18.5% of Youku for $1.22 billion. But Youku
shares plunged due to concerns about certain U.S. TV shows being banned in China.
Related: Move over Facebook, Alibaba's IPO is coming

Corporate earnings continue to roll in from some major companies. Controversial nutritional supplements marketer Herbalife
( HLF) is one of several firms set to report quarterly results after closing bell.
On the economic front, the National Association of Realtors said pending home sales, which reflect transactions that have not
yet closed, rose in March for the first time in nine months.
European markets ended the day higher. Most major Asian markets declined Monday.

First Published: April 28, 2014: 9:55 AM ET

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blue-chip stock climb.

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the closing bell in New York.


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On the economic front, the Federal Reserve kicks off its two-day

Morning Biz Outlook

meeting. The policy statement is due out on Wednesday.


Home prices in 20 major U.S. cities were unchanged in February from
January on a non-seasonally adjusted basis, as forecast, according to
the closely-watched S&P/Case-Shiller gauge. Prices jumped 12.9%
from the year prior, shallower than the 13% increase Wall Street

Morning Business Outlook: 4/29/14


Mid-Market Report: Prestige Scoops Up Insight
for $750 Million

anticipated.

Apple New s Puts Shareholders at Ease

A separate report from the Conference Board showed consumer


confidence for the month of April fell to 82.3, from a revised March

MOST POPULAR STOCKS

reading of 83.9. The reading missed Wall Street expectations of 83.

AAPL

-0.30%

592.33

APPLE INC.

Apr 29

4:00 PM

Elsewhere, U.S. crude oil futures climbed 57 cents, or 0.57%, to


$101.40 a barrel. Wholesale New York Harbor gasoline rose 0.31%

+0.94%

FORD MOTOR CO...

Apr 29

16.12
4:00 PM

to $3.05 a gallon. Gold dropped $8.90, or 0.69%, to $1,290 a troy


ounce.

BAC

+1.94%

BANK OF AMERI...

Apr 29

4:00 PM

Follow Adam Samson on Twitter @adamsamson.

XOM

+0.28%

101.45

EXXONMOBIL CO...

Apr 29

4:00 PM

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+3.58%

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Buy, buy Tuesday! Market win streak continues - Apr. 29, 2014

Buy, buy Tuesday! The market win streak continues


By Matt Egan @CNNMoneyInvest April 29, 2014: 4:24 PM ET

Click image for more market data

127

127

TOTAL SHARES

NEW YORK

Call it a case of the Tuesdays. Wall Street notched a seventh consecutive positive Tuesday as investors cheered upbeat earnings
and gobbled up shares of beaten-down Internet stocks.
The Dow Jones industrial average and S&P 500 ended solidly higher, while the Nasdaq finished up 0.72%. U.S. stocks ended
mostly higher on Monday after a roller coaster day.
April has been a tough month overall, with the Nasdaq taking a sharp dive as investors soured on many tech and bio tech stocks.
The S&P and Dow are up for the month, but only barely.
Despite rocky trading in recent week, the Tuesday win streak has held. The S&P 500 has returned around 9% year-to-date on
Tuesdays, rallying on all but two Tuesdays in 2014, according to David Lutz, managing director at Stifel Nicolaus.
Whether or not this week's rally continues will depend upon the Federal Reserve, which is set to wrap up a two-day policy
meeting on Wednesday. The central bank is likely to dial back its bond buying program by another $10 billion in a bid to wean
Wall Street off its easy money policies. One strategist said it was a good sign that investors are taking the end of quantitative
easing in stride.
"I find it encouraging that despite this shift away from QE, markets are close to unchanged on the year. This has been no small
feat," Peter Kenny, CEO of financial technology firm The Clear Pool Group, wrote in a note to clients.
Investors bid up shares of social media companies today, many of which had been hammered in recent weeks amid valuation
concerns.
Twitter ( TWTR) soared almost 5% during regular trading, but that rally may have been premature. After the bell, the micro
blogging company retreated 7% on disappointing guidance. The cautious outlook overshadowed stronger than expected
adjusted earnings and revenue.

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green for the year as traders cheered strong data on the labor market

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Nasdaq Composite advanced 11 points, or 0.27%, to 4115.


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Wednesday as traders parsed through a slew of economic data.

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pace of 0.1% in the first quarter, the slowest pace since the fourth

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quarter of 2012. Wall Street was looking for annualized growth of

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1.2% for the world's biggest economy.


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Payroll processor ADP reported the private sector added 220,000

What's this?

jobs in April, more than the 210,000 jobs analysts expected. The data

Morning Biz Outlook

come ahead of the all-important monthly jobs report on Friday.


Meanwhile, a reading on the Midwestern manufacturing sector from
the Institute for Supply Management-Chicago topped expectations.
The PMI gauge jumped to 63 in April from 55.9 in March, compared to
expectations of 56.7. Readings above 50 point to expansion, while

Midday Market Report: 4/11/14

those below indicate contraction.

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for $750 Million
Apple New s Puts Shareholders at Ease

Lastly, the Federal Reserves policy-setting board unveiled plans


Wednesday to taper its long-term asset-buying program by $10 billion

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a month to $45 billion. The central bank also renewed its vow to keep
short-term rates at historic lows until the labor market improves

AAPL

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4:00 PM

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substantially and inflation rises to a roughly 2% year-to-year pace. The


moves matched Wall Streets expectations.
A flash reading on eurozone inflation showed prices climbed by 0.7%

+0.97%

FORD MOTOR CO...

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on a year-to-year basis, weaker than expectations of a 0.8%


increase. Economists at Nomura said the persistently low inflation

GE

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readings are likely to push the European Central Bank to cut interest
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Deflation -- a situation in which prices fall -- is frequently a caustic


situation that can take decades to repair. In fact, the Bank of Japan
has embarked on an ultra-accommodative monetary policy path in an
attempt to escape its own deflation trap. The BOJ renewed that policy
Wednesday.
In corporate news, Twitter (TWTR) posted headline earnings figures
that topped expectations. However, lighter-than-expected user growth
sent shares of the micro-blogging site tumbling. EBay (EBAY) shares
also fell on a disappointing full-year outlook.
Energizer Holdings (ENR) said it will split itself into two businesses:
Household items and personal care products. GlaxoSmithKline
(GSK) revealed mixed results, beating on the bottom line, but missing
on the top line.
Elsewhere, U.S. crude oil futures dropped $1.19, or 1.2%, to $100.10
a barrel. Wholesale New York Harbor gasoline dipped 0.49% to
$3.048 a gallon. Gold slumped $6, or 0.46%, to $1,290 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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Stocks: Dow hits all-time high - Apr. 30, 2014

Stocks: Dow hits all-time high


By Ben Rooney @CNNMoneyInvest April 30, 2014: 4:40 PM ET

Click for more market data.

132

132

TOTAL SHARES

NEW YORK (CNNMoney)

April ended on a high note today as the Dow Jones industrial average closed at a record high of 16,580.
The Dow's last peak occurred on December 31, so there's something to be said for finally reaching a new level in 2014. The S&P
500 ended just shy of a record close, and the Nasdaq also ended the day higher, though the gains were modest.
Overall, April has been a rough and volatile month, especially for technology stocks. The Nasdaq fell about 2% in the month as
investors grew concerned about the valuations of some speculative tech companies. In contrast, the Dow and S&P 500 both
ended the month with gains, albeit less than 1%.
Investors yawned at the latest Fed statement on Wednesday afternoon. The Fed announced a reduction in its bond buying
program, a key form of economic stimulus, by another $10 billion per month, as expected. What was more encouraging was the
Fed sees signs of growth, but still intends to keep interest rates low for some time.
Related: The Fed says the economy is improving a little

Bond yields fell after the Fed statement was released. The 10-year Treasury yields sank to a low of 2.64%, down from 2.71% late
Tuesday, although it's difficult to read much into the reaction.
"The Fed made very little change in its policy statement and did exactly what the market thought they would," said Kevin Giddis,
head of fixed income at Raymond James.
Meanwhile, economic data released earlier Wednesday highlighted the drag that bad weather put on growth in the first three
months of 2014.
U.S. gross domestic product, the broadest measure of the economy, grew at just a 0.1% annual pace in the first quarter, the U.S.
Bureau of Economic Analysis said. Economists had anticipated that winter weather would take a toll on growth, but the result

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Stocks: Dow hits all-time high - Apr. 30, 2014

was worse than most forecasts.


But not all the morning's economic news was bad. Payroll processor ADP (
220,000 jobs in April. That's the strongest job growth since November.

ADP, Fortune 500) said the private sector added

Related: U.S. economy slows to stall-speed

Twitter tanks
Social media stocks were in focus after Twitter ( TWTR) posted uninspiring first quarter results late Tuesday. Twitter shares
sank more than 9% as investors worried about user growth on the micro blogging site.

Twitter is a #trainwreck
Twitter was the top trending ticker on StockTwits, where traders were debating the company's valuation.
"Twitter still has huge potential & we are all using it, but it is already $21Bn company. A lot is priced in. It needs to show higher
growth," read a post by ivanhoff.
Related: Twitter is not the 'next Facebook'

Some traders were bracing for even more downside in Twitter shares next week, when the post-IPO lock up period expires and
company insiders are allowed to sell.
"$TWTR It will be ugly when the lockup expires Monday," said hedgesauce.
Facebook (

FB, Fortune 500) shares fell in early trading, but bounced back as the day wore on.

"$FB glad to see this detaching itself from $TWTR," said Jweaves.
Energizer ( ENR)shares jumped after the battery company announced plans to split into two companies, one for Energizer
batteries and other household products and another for personal care brands such as Schick and Playtex.
Related: Fear & Greed Index shows investors still gripped by fear

In other corporate news, CNNMoney parent Time Warner (


forecasts, helped by strong revenue from the Lego movie.
But shares of Dreamworks (
Peabody & Sherman.

TWX, Fortune 500) reported earnings and sales that topped

DWA) plunged after it reported a quarterly loss driven largely by the box office flop of Mr.

Shares of Royal Dutch Shell ( RDSA) rose after the oil giant reported better-than-expected quarterly results and hiked its
dividend. Other mega enery companies are set to release their results later this week.
eBay (

EBAY, Fortune 500) shares declined a day after the online marketplace reported disappointing earnings. It's one of the

money.cnn.com/2014/04/30/investing/stocks-markets/index.html?iid=HP_LN

2/3

4/30/14

Stocks: Dow hits all-time high - Apr. 30, 2014

biggest losers of the day among S&P 500 companies and the second-worst performer in CNNMoney's Tech 30 index.
More merger mania
It's been a big week for merger talk. While nothing is quite as large as $100 billion that Pfizer ( PFE, Fortune 500)is willing to
pay to acquire AstraZeneca ( AZN), there are other deals in the work. Exelon ( EXC, Fortune 500) agreed to acquire rival
utility Pepco Holdings ( POM, Fortune 500) in a $6.8 billion all-cash deal.
Takeover talk continues overseas, with shares of French company Alstom rallying 8% in Europe after General Electric ( GE,
Fortune 500) bid $13.5 billion to take over the firm's power divisions. German firm Siemens ( SI) may make a counter offer as
well.
Related: CNNMoney Tech 30 index down for the year

European and Asian markets ended with mixed results.

First Published: April 30, 2014: 9:44 AM ET

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Wall Street Ends Higher After Tough Start | Fox Business


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Nasdaq Composite climbed 14.2 points, or 0.34%, to 4138.


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managers index was revised down to 48.1 in late April from a flash

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to 48.4. The measure indicates the factory sector in the world's No. 2
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investment," Hongbin Qu, HSBC's chief economist for China wrote in


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On the U.S. front, the Institute for Supply Managements gauge of non-

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manufacturing activity grew to 55.2 in April, topping the Streets

Morning Biz Outlook

expectation for a reading of 54.1, from 53.1 in March. Readings


above 50 point to expansion, while those below indicate contraction.
"Its the best read since July and has gotten back what it lost during
the winter and then some but the components were somewhat mixed,"
said Peter Boockvar, chief market analyst at The Lindsey Group, in an
email to clients.

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for $750 Million

Pfizer (PFE) posted bottom-line results that topped estimates, but


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(CEO) CEO abruptly resigned, and the firm said it would make its
CFO interim chief executive.

AAPL

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APPLE INC.

May 5

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barrel. Wholesale New York Harbor gasoline dipped 0.56% $2.928 a


gallon. Gold advanced $8.90, or 0.68%, to $1,312 a troy ounce.

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-1.01%

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Sensex gains 63 points to close at 1-week high - The Hindu

Business Markets
Sensex gains 63 points to close at 1-week high
PTI

The BSE benchmark index Sensex on Tuesday advanced by 63 points to close at one-week high as bluechips led by
Reliance Industries, ITC and ICICI Bank gained on sustained buying by funds and retail investors.
The 30-share index had risen by 158 points to a high of 22,602.71 in early trade as FIIs continued to invest in Indian
equity markets.
However, profit booking in some counters trimmed some of the gains and the barometer closed up by 63.30 points, or
0.28 per cent, at 22,508.42 points, a closing level not seen after April 28. The index gained 41.23 points in the last
session.
The National Stock Exchanges index Nifty advanced by 15.95 points, or 0.24 per cent, to 6,715.30, after shuttling
between 6,743.45 and 6,701.90 in day trade.
Brokers said foreign institutional investors (FIIs) continued to show optimism in the Indian stock market and
pumped in more funds, boosting sentiment.
FIIs bought shares worth a net Rs 279.86 crore on Monday as per provisional data from the stock exchanges.
They said encouraging fourth quarterly earnings by some more companies also triggered buying activity.
Among Sensex stocks, Reliance Industries was the biggest gainer rising by 1.91 per cent, while ONGC ended 0.45 per
cent. ICICI Bank jumped 1.63 per cent, FMCG major ITC surged 1.06 per cent, Larsen and Toubro by 1.24 per cent
and Mahindra and Mahindra by 0.55 per cent.
Tata Motors rose by 0.98 per cent, Tata Steel by 0.89 per cent and Maruti Suzuki by 0.61 per cent.
On the other hand, Hero Motocorp, Bajaj Auto, Infosys, TCS, Wipro, Tata Power, Hindalco and Bharti Airtel were
among the major losers with losses of up to 2.10 per cent.
In 30-BSE index components, 14 stocks gained, 15 ended lower while NTPC remained steady at Rs 114.
www.thehindu.com/business/markets/sensex-gains-63-points-to-close-at-1week-high/article5982323.ece

1/2

5/9/14

Sensex hits new record of 22,959.33; Nifty at 6,846 - The Hindu

Business Markets
Published: May 9, 2014 15:04 IST | Updated: May 9, 2014 15:06 IST

Sensex hits new record of 22,959.33; Nifty at 6,846


PTI

The benchmark BSE Sensex on Thursday climbed to a new record high of 22,959.33 points in late afternoon trade on a flurry of buying in
banking, realty, power and metal sector stocks. File photo

AP

The benchmark BSE Sensex on Thursday climbed to a new record high of 22,959.33 points in late afternoon trade on
a flurry of buying in banking, realty, power and metal sector stocks by funds and retail investors amid increased
foreign capital inflows.
The NSE index Nifty also rose 186.35 points, or 2.80 per cent, to trade at 6,846.20.
The 30-share BSE index Sensex, which had gained over 20 points in the previous session, hit a new record high of
22,959.33 by surging 615.29 points, or 2.75 per cent, surpassing previous record of 22,939.31 reached on April 25.
All the sectoral indices, led by banking and realty, were trading in positive territory with gains up to 4.23 per cent.
Brokers said emergence of widespread buying by funds as well as retail investors ahead of results of the ongoing
general elections next week, lifted the Sensex to record high.
They said value buying in recently under-performing stocks also buoyed the trading sentiments.
The BSE banking index rose the most, up 4.23 per cent at 15,556.57 followed by realty index by 3.74 per cent to
1,411.85 and power indices rose 3.36 per cent to 1,730.95.
Keywords: BSE, NSE, Sensex, Nifty, new record, foreign capital inflows
Printable version | May 9, 2014 7:29:41 PM | http://www.thehindu.com/business/markets/sensex-hits-new-recordof-2295933-nifty-at-6846/article5992909.ece
www.thehindu.com/business/markets/sensex-hits-new-record-of-2295933-nifty-at-6846/article5992909.ece?homepage=true&css=print

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Dow Sets Record, While Nasdaq Sees Weekly Fall | Fox Business
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By Victor Reklaitis / Pub lished May 09, 2014 / MarketWatch

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Dow Sets Record, While Nasdaq Sees Weekly Fall | Fox Business

Colin Cieszynski, chief market analyst at CMC Markets, sees few

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Morning Biz Outlook

Reserve continuing to taper its bond-buying program.


"With economic and corporate news flow slowing along with tapering
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Dallas Federal Reserve President Richard Fisher, a voting member
this year of the Fed's rate-setting committee, said he supports the
central bank ending its bond-buying program in October.
While stocks bounced back Friday, tech and small-cap shares were
still drubbed on the week. The First Trust Dow Jones Internet
ETF(FDN) saw a 3.6% weekly decline, while the iShares Russell
2000 ETF(IWM) saw a weekly drop of 1.8%. On Tuesday, the small
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5/9/14

Dow hits new record Friday - May. 9, 2014

Dow hits new record Friday


By Matt Egan @mattmegan5 May 9, 2014: 4:32 PM ET

Click image for more market data.

36

36

TOTAL SHARES

NEW YORK (CNNMoney)

The bulls capped off a seesaw week on Wall Street by carrying the Dow to a new all-time record on Friday.
All of the major indices -- the Dow, S&P 500 and Nasdaq -- closed firmly in positive territory today, shedding losses from early in
the session. The Dow's close of 16,583.3 narrowly topped a prior record set on April 30 of 16,580.8.
While the Dow eked out a win for the week, the S&P 500 and Nasdaq lost ground. This marked the 10th week that the S&P 500
has alternated between gains and losses. That's the longest such streak in nearly 20 years.
Perhaps traders got into a better groove after throwing on their Beats headphones.
The tech world is buzzing about reports indicating Apple ( AAPL, Fortune 500) is considering a $3.2 billion takeover of Beats
Electronics, a popular headphone maker and streaming music provider. The deal would be Apple's largest ever and create a huge
windfall for Beats co-founder Dr. Dre and investor Carlyle Group ( CG).
Related: Apple is part of CNNMoney's Tech 30

One trader joked that Apple rival BlackBerry (

BBRY) should make a similar move.

"Great news today for $AAPL. In related news, $BBRY to buy Vanilla Ice's remodeling company," StockTwits user bclund wrote.

money.cnn.com/2014/05/09/investing/stocks-markets/index.html

1/3

5/9/14

Dow hits new record Friday - May. 9, 2014

Who loses if Apple buys Beats


Some analysts panned the possible acquisition, and shares of Apple closed slightly lower. But one trader said Apple would be
getting a good deal.
"$AAPL How is 3.2B overvalued on 1B is revenue? Quite possibly the cheapest acquisition that has been made YTD,"
StockTwits user hedgeTheRisk wrote.
Related: The big winner if Apple buys Beats

Pandora Media (

P), which provides a rival streaming music service, traded higher following the news.

Rocket Fuel ( FUEL)plunged over 20% as the digital advertising company logged disappointing revenue and revealed a tepid
outlook for the current quarter.
In other earnings news, Hilton Worldwide ( HLT) ticked higher after more than tripling its profits and raising its outlook for
the year. The hotelier also said it's planning to build new hotels.
Related: Fear & Greed Index shows investors still gripped by fear
Ralph Lauren ( RL, Fortune 500) fell more than 2% and touched the lowest levels in almost two years amid disappointment
over the company's pessimistic outlook. It continues to struggle to grow as fast as some of its competitors. On the other hand,
Gap ( GPS, Fortune 500) popped 3% on upbeat projected earnings and a 9% jump in April same-store sales.
Investors drove CBS ( CBS, Fortune 500) 2% lower as the media giant's revenue fell more than feared due in part to the
absence of the Super Bowl. News Corp. ( NWSA, Fortune 500), the publishing giant controlled by Rupert Murdoch, rose more
than 5% after logging better-than-expected profits despite a dip in revenue.
Stratasys (

SSYS), a 3D printer maker, declined 5% even after swinging to a profit and reporting soaring revenue.

Related: ECB holds drops heavy hints

European markets closed in the red but most lost well less than 1% on the day.
Asian markets ended with muted, mixed results. But India's Sensex index was a standout performer, rising over 2.5% late in the
day, with investors feeling optimistic as the end of the Indian elections nears.

First Published: May 9, 2014: 9:49 AM ET

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Dow hits new record Friday - May. 9, 2014


Wharton undergrads: Tough job market? What tough job market?
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5/10/14

Stock indices shoot up on election result expectations - The Hindu

Business Markets
Published: May 10, 2014 00:14 IST | Updated: May 10, 2014 00:14 IST

Stock indices shoot up on election result expectations


Special Correspondent

Sensex, Nifty close at all-time high levels

The stock markets were gripped by euphoria as indices surged on Friday to record all-time highs on expectation that
the Bharatiya Janata Party (BJP) is likely to come to power when the poll results are announced on May 16.
The S&P BSE Sensex surged to close at a record high of 22,994.23 points, a gain of 650.19 points or 2.91 per cent. It
touched an intra-day high of 23,048.49, up 704.45 points. The previous high was on April 25, when the Sensex had
closed at 22,939.31.
According to a Bloomberg Survey of 19 brokers and investment advisory firms, the Narendra Modi-led BJP may get
more than 230 seats while the NDA may get 266 seats, close to the 272 mark.
There was talk in the market that the outcome of the exit poll was leaked and data indicated a lead for the BJP. This
caused buying momentum. As buying picked up and initial momentum started, more people sitting on the fence
joined the bandwagon and indices surged to all-time high levels, said Ambareesh Baliga, Managing Partner,
Edelweiss Global Wealth.
In the last couple of months, the market is purely driven by sentiments and market will rally further as the results
will be out on May 16. It is basically a news-and-rumours-based rally. The buying momentum is speculative, as no one
knows the final outcome. The results can also throw some surprises and investors should be prepared for this, said
Mr. Baliga.
Experts have advised investors to remain 30-40 per cent (of their holding) liquid so that they can take an appropriate
decision after the election results are out.
Markets are doing pretty good and may rise further before May 16, said Dilip Bhat, Joint Managing Director,
Prabhudas Lilladher, adding, Major part of the elections is over and the market is sensing that there will be a
decisive government. This is showing.
Foreign institutional investors (FIIs) have turned major buyers in the last few days as they are anticipating a strong
government at the Centre. According to analysts, the buying was led by domestic institutions, high net worth
individuals and it was backed by FIIs. This kind of movement cannot happen without the involvement of FIIs, said
Mr. Baliga.
www.thehindu.com/business/markets/stock-indices-shoot-up-on-election-result-expectations/article5993639.ece?homepage=true&css=print

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5/10/14

Stock indices shoot up on election result expectations - The Hindu

Though there was a Modi factor behind this surge, some analysts said that short-covering caused Fridays rally. The
Nifty was short in futures. Today short-covering took place and this led to buying. Also fresh buying was seen, said
Deven Choksey, Managing Director, K. R. Choksey Shares and Securities.
On the National Stock Exchange (NSE), the 50-share Nifty gained 211.50 points to hit its new all-time high of
6,871.35, before closing at 6,858.80, up 198.95 points or 2.99 per cent.
Rupee gains 3 paise
PTI reports:
The rupee on Friday gained three paise against the dollar to end at 60.04 on persistent selling of the U.S. currency by
banks and exporters in view of sustained foreign capital inflows into equity markets.
The rupee resumed slightly lower at 60.09 a dollar against the last closing of 60.07 at the inter-bank foreign exchange
market on initial dollar demand from banks and importers. However, it recovered to 59.92 on renewed selling of
dollars by banks and exporters, before finally settling at 60.04, showing a marginal gain of three paise from its last
close.
Keywords: BSE, NSE, Sensex, Nifty, capital inflows, FII buying
Printable version | May 10, 2014 9:33:40 PM | http://www.thehindu.com/business/markets/stock-indices-shoot-upon-election-result-expectations/article5993639.ece
The Hindu

www.thehindu.com/business/markets/stock-indices-shoot-up-on-election-result-expectations/article5993639.ece?homepage=true&css=print

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5 11/14
5/

Marke
k ts at record high on stable gov
ovt hopes; Sensex
e soars 650 points

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Markets at record high on stable govt hopes;


Sensex soars 650 points
Last Updated: Saturday, May 10, 2014, 08:44

India, others need to wait till 2017 fo


f r automatic tax
info
f
Daiichi files plea in HC to va
v cate stay on SunRanbaxy
x merger

0
T eet
Tw
Tags: BSE Sensex , NSE Nifty , India's stock ma
m rke
k ts , Stocks
k , BSE ,
NSE , Sensex today

Mumbai: Hopes of a stable government assuming powe


w r at the Centre aft
f er a we
w ek
triggered an upsurge of buying in markets Friday, wi
w th BSE benchmark Sensex
z oming by over 650 points to breach the crucial 23,000-level for the first time.
zo

Samsung Electronics chief Lee hospitalised aft


f er
cardiac procedure
Naresh Goya
y l's aide allegedly trave
v ls on flight crew
bunk
FM to meet chiefs
f of PSU banks, insurance cos on
May 12-13

Frenzied buying wa
w s wi
w tnessed across sectors, mainly in banking, realty, powe
w r, refinery and
capital goods.
Share brokers attributed the surge to BJP prime ministerial candidate Narendra Modi exuding
optimism in an interview last night that BJP wi
w ll get a clear majority and form the "strongest and the
most stable government" since Rajiv Gandhi's government in 1984.
"As the elections D-day is approaching closer, markets are rallying on anticipation of a favorable
outcome," said Dinesh Thakkar, Chairman & Managing Director of Angel Broking.
Riding on continuous foreign fund inflows
w , the 30-share Sensex hit a new record of 23,048.49.
Howe
w ver, it settled the day a few notches lowe
w r at 22,994.23-- record closing high-- registering a

Galleries

rise of 650.19 points or 2.91 per cent, the biggest gain in almost eight months. On September 19
last year, the barometer soared over 684 points.
The previous all-time high record for the Sensex wa
w s 22,939.31, recorded on April 25.
The 50-share Nift
f y of NSE set a historic high of 6,871.35 but ended the day at 6,858.80, a gain of
198.95 points or 2.99 per cent from its previous close.
"Unmistakably, the focus remains on the approaching D-day, i.E. May 16 wh
w en the election verdict

Forbes World`s Largest Companies

w uld be announced. But even before that, the market wo


wo
w uld react to exit polls numbers as it starts
trickling in once the final phase of polling gets completed by May 12," said Sanjeev Zarbade, Vice
President, Private Client Group Research, Kotak Securities.
ICICI Bank at 6.63 percent wa
w s the best performer. Tata Powe
w r wa
w s the next
x best 5.57 percent,
Hindalco wa
w s up 5.35 percent, HDFC Bank (5.31 percent), BHEL (5.21 percent and Coal India
(5.07 percent).
Of the 30 Sensex stocks, 27 rose sharply on good demand wh
w ile the remaining three declined.

zeenew
ews.india.com/
m business/new
ews/f
/ inance/
e sensex
ex- nift
fty- hit-record-highs-post-biggest-gains-since-september_99182.html

China Auto show 2014

1/3

5/11/14

Markets at record high on stable govt hopes; Sensex soars 650 points

Prominent gainers of the day also included Axis Bank 4.87 percent, ONGC 4.13 percent, Maruti
Suzuki 4.13 percent, HDFC 4.07 percent, Reliance Ind 3.93 percent, Hero Motocorp 3.92 percent,
SBI 3.88 percent, M&M 3.86 percent, Tata Steel 3.64 percent, Larsen 3.29 percent and Bajaj Auto
2.56 percent.
"Going into the next week,... Focus will be firmly on the exit poll numbers due on Monday evening
as well as on the final election results on Friday. A decisive verdict from the elections will be a longterm positive for the markets," said Zarbade.
New York Auto Show: 2015 Subaru Outback

Among BSE sectoral indices, bankex rose by 5.34 percent, followed by realty 4.38 percent, power
4.12 percent, Oil&Gas 3.44 percent, consumer goods 3.34 percent.
"We believe markets will continue to have Modi wave. Today's rally was led by financial. Bankex
moving up by closer to 5 per cent, mainly led by renewed buying in private sector banks," said
Rahul Shah, Vice President, Equity Advisory Group, Motilal Oswal Securities.
Small-cap and Mid-cap indices also rose by 0.72 percent and 1.47 percent respectively on good
New York Auto Show 2014: Hot Cars

demand from retail investors.


The market breadth turned positive as 1,610 stocks finished with gains, 1,146 stocks ended with
losses while 146 ruled steady. The total turnover rose to Rs 3,238.55 crores from Rs 2,299.87
crores yesterday.
Foreign institutional investors (FIIs) bought shares worth a net Rs 363.24 crore yesterday, as per
provisional data from the stock exchanges.
Most Asian stocks ended higher. Key indices in Hong Kong, Singapore, South Korea and Japan

Top 10 Fastest-Emerging Cities

ended higher by 0.12- 0.31 percent, while indices in China and Taiwan eased by 0.21- to 0.46
percent.
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European stocks were trading lower. Key benchmark indices in France, Germany and UK eased by
0.41-0.54 percent.

PTI

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First Published: Friday, May 09, 2014, 16:10

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COMMENTS

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5/12/14

Sensex at new record high, Nifty breaches 7,000 mark - The Hindu

Business Markets
Published: May 12, 2014 16:42 IST | Updated: May 12, 2014 16:52 IST

Sensex at new record high, Nifty breaches 7,000 mark


PTI

PTI Graphics

A view of the BSE building in Mumbai. File photo

PTI

The BSE benchmark index Sensex and NSE barometer Nifty on Monday surged to their second straight record closing
high on continued fund inflows on hopes of a stable government.
The 30-share Sensex opened on a strong footing and rose to new intra-day high of 23,572.88 points. It settled for the
day at 23,551.00, a new record at closing, by gaining 556.77 points or 2.42 per cent. Its previous record closing high
was 22,994.23 reached on Friday.
Of the 30 Sensex scrips, 25 led by ITC, HDFC Bank, RIL and L&T rose, while just five ended lower. Banking, capital
goods, oil and gas, auto, IT and auto shares were in demand, while pharma sector counters were under some pressure.
The NSE Nifty, comprising 50 shares, zoomed by a whopping 155.45 points, or 2.27 per cent, to close at all-time high
www.thehindu.com/business/markets/sensex-at-new-record-high-nifty-breaches-7000-mark/article6001312.ece?css=print

1/2

5/12/14

Sensex at new record high, Nifty breaches 7,000 mark - The Hindu

of 7,014.25. The broader index touched intra-trade record high of 7,020.05 points, surpassing previous record of
6,871.35 on Friday.
Markets were on a fire as optimism increased in favour of BJP winning majority in Lok Sabha elections 2014, said
Nidhi Saraswat, Senior Research Analyst, Bonanza Portfolio.
Foreign institutional investors (FIIs) bought shares worth a net Rs 1,268.78 crore on Friday as per provisional data
from the stock exchanges.
Market experts said positive global cues and overall optimism also boosted the buying sentiment, lifting the indices to
to their lifetime high levels.
Similarly, the rupee surged past the 60 level against the dollar and was quoting at 59.73 in late afternoon trade. The
domestic currency had closed at 60.04 on Friday.
Gains in benchmark indices were also supported by strong buying by retail investors in small and mid-cap stocks,
said Rajiv Malik, a Delhi-based stock broker.
The BSE Oil and Gas index rose 3.07 per cent, the best gain among sectoral indices. The Power sector index rose by
2.98 per cent and Auto index by 2.88 per cent.
Midcap index ended 2.42 per cent higher and the small-cap barometer by 0.51 per cent at 7,632.29.
Keywords: BSE, NSE, Sensex, NIfty, new record high, banking sector
Printable version | May 12, 2014 7:05:17 PM | http://www.thehindu.com/business/markets/sensex-at-new-recordhigh-nifty-breaches-7000-mark/article6001312.ece
The Hindu

www.thehindu.com/business/markets/sensex-at-new-record-high-nifty-breaches-7000-mark/article6001312.ece?css=print

2/2

5/12/14

U.S. Stocks Rally; S&P 500, Dow Hit Record | Fox Business
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By Anora Mahmudova / Pub lished May 12, 2014 / MarketWatch

Morning Biz Outlook

Akorn to buy VersaPharm for


$440M
Mid-Market Deal Flow Looking Good
Mid-Market Hiring Looking Bright

REUTERS

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NEW YORK -- The U.S. stock market ended Monday with best gains

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in nearly a month that sent both the S&P 500 and the Dow Jones

Em ail

Industrial Average to record levels.


Share

Broad-based gains on the S&P 500 were led by technology and


industrial sector stocks, while deal news in the food industry boosted
investor sentiment.
RELATED STOCKS

The S&P 500 (SPX) had the best one-day percentage gain since
April 16, adding 18.17 points, or 1%, to 1,896.65. The benchmark

GOGO

12.67

GOGO INC COM...

+0.74

23.98

Four consecutive days of gains sent the Dow Jones Industrial

PANDORA MEDI...

+1.36

Average (DJI) to an intraday high. The blue-chip index closed near

AGN
ALLERGAN, IN...

index closed at a record level for the ninth time this year.

session highs, gaining 112.13 points, or 0.7%, to 16,695.47.


159.72
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HSH

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the Dow Theory, when transports rally in tandem with the industrials,

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the broader markets are set for more gains.

www.foxbusiness.com/markets/2014/05/12/global-markets-shares-off-to-cautious-start-on-ukraine-anxiety/

1/4

5/12/14

U.S. Stocks Rally; S&P 500, Dow Hit Record | Fox Business

The Nasdaq Composite (RIXF) gained the most in more than three
months, adding 72 points, or 1.8% to 4,143.86, led by gains in
momentum names.
The Russell 2000 index (RUT) added 26.43 points, or 2.4%, to
1,133.65 by the close.
"The fact that markets help up well in the face of weather-related
weakness, geopolitical uncertainties and tapering is a sign that
markets will go higher," said Jim Paulsen, chief investment officer at
Wells Capital Management.
"The underlying reason for that is economic momentum. The U.S.
economy is finally exiting the 2% growth and gearing up to the 3%.
We may decide that the emerging markets are done slowing and
global demand is going to pick up," he added.
The economic calendar was light on news Monday. The U.S.
government recorded a budget surplus of $107 billion in April, the
Treasury Department reported Monday, a smaller windfall than in the
same month last year. The April surplus contributes to a steady
decline in the deficit for fiscal 2014. Shrinking U.S. deficit could help
keep interest rates low.
Pinnacle Foods soars on deal news, Twitter up on upgrade
Shares of Pinnacle Foods Inc. (PF) surged 13% after Hillshire Brands
Cohi. said it agreed to buy the company for about $4.3 billion in a
stock-and-cash deal. Shares of Hillshire Brands Co. (HSH) slid 3.2%.
Shares in Twitter Inc. (TWTR) rallied 5.9% after SunTrust analysts
upgraded the stock to buy from neutral and said the company could
use monetization of assets to compensate for slowing user growth.
Pandora Media, Inc. (P) shares also rallied 6%, after MKM Partners
lifted its rating on the Internet radio company to buy from neutral.
Gogo Inc.'s (GOGO) shares rose 6.2% after the communicationservices provider that offers wifi on airplanes reported first-quarter
results that beat expectations.
21st Century Fox Inc. (NWS) shares rallied 3.1% after British Sky
Broadcasting Group PLC confirmed Monday it is in preliminary
discussions to buy pay-TV units from the U.S. production firm.
Asian shares rally, oil rises on Ukraine worries

www.foxbusiness.com/markets/2014/05/12/global-markets-shares-off-to-cautious-start-on-ukraine-anxiety/

2/4

5/12/14

U.S. Stocks Rally; S&P 500, Dow Hit Record | Fox Business

Chinese shares rallied in Asia on Monday, with banks posting some


of the biggest advances, in what was partly a reaction to a new
market-reform blueprint announced Friday by the State Council
(China's cabinet). India shares rallied on hopes the election will bring
in a more business-friendly government. European stocks closed
higher, with the benchmark Stoxx Europe 600 index closing at the
highest level in 6 years.
Crude-oil futures (CLM4) rose after two sessions of declines on
Monday on sanction concerns, while metals also advanced across the
board, with gold futures adding 0.7%.

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5/12/14

Dow, S&P close at record highs - May. 12, 2014

Happy Monday! Dow, S&P close at record highs


By Jesse Solomon @JesseSolomonCNN May 12, 2014: 4:37 PM ET

TOTAL SHARES

NEW YORK (CNNMoney)

With the weather finally warming up, investors were feeling some spring in their step.
The Dow and S&P 500 closed at record highs Monday. The jumped over 112 points to close at 16,695.47, and the S&P 500 ended
the day about a percent higher at 1,896.65. Even the Nasdaq, which has been volatile amidst a pullback in tech stocks, got a nice
bounce of roughly 1.8%.
Investors poured money into the perceived safety of blue chip companies and seem to believe the economy is improving, albeit
slowly. There's still concern about tech stocks though as investors fret about sky-high valuations and, in the case of some tech
companies, unproven business models.
CNNMoney's Fear and Greed Index has been languishing in fear mode for the last month, mainly dragged down by tech stocks,
but the index finally moved into neutral mode on Monday.

money.cnn.com/2014/05/12/investing/stocks-markets/index.html?iid=H_MKT_News

1/3

5/12/14

Dow, S&P close at record highs - May. 12, 2014

Record highs? Investors are still scared


There was also a bit of that merger Monday feeling in the air, after Hillshire Brands ( HSH, Fortune 500) announced plans to
acquire rival Pinnacle Foods ( PF) for $6.6 billion. Shares of Pinnacle surged 13% on the news, while shares of Hillshire
dropped 3%.
But stocktwits trader CrosbyVenture thinks Hillshire made out nicely.
"On $PF, it looks like $HSH is getting a sweet deal, " he said.
Related: Hillshire Brands to buy Pinnacle Foods for $6.6 billion

Investors are also on the lookout for another mega health care deal, of which there have been aplenty so far this year.
Pfizer ( PFE, Fortune 500)shares rose slightly after the company published a letter to a parliamentary committee in the United
Kingdom arguing its case for its proposed $106 billion acquisition of AstraZeneca ( AZN).
The chief executives of both companies will be grilled by British lawmakers Tuesday and Wednesday, reflecting high levels of
public anxiety over the impact a takeover could have on jobs and scientific research in the U.K.
Gogo ( GOGO) soared 6% after the company beat earnings estimates. The inflight internet provider reported a narrower loss
compared to a year earlier and said that its revenue climbed 35%.
One StockTwits trader was bullish about the stock based on firsthand experience.
"$GOGO I've used GOGO a number of times in flight and thought their service was great/ easy to use / seamless," said
TheDragonfly.
But another StockTwits user isn't convinced that Gogo can continue to fly until it actually starts making money.
"$GOGO Dead money until it proves it has a clue on how to turn a profit," said ricster3.
Shares of J.C.Penney ( JCP, Fortune 500) popped 4% after Goldman Sachs analysts maintained their "neutral" rating on the
stock, but said they expect to see continuing progress from the struggling retailer's turnaround efforts.
With Monday's gains, J.C. Penney shares are now flat for 2014. They've made an impressive 60% run in the last three months,
but are still down nearly 50% over the last year.
Investors will have more insight into the company's progress, or lack thereof, on Thursday when it reports earnings.
StockTwits trader operaghost88 isn't buying into the J.C.Penney hype.
"$JCP This is a bump right before earnings. Very typical. Then it will go to where it should be," he said.
Ralph Lauren (

RL, Fortune 500) suffered after the iconic clothing company's stock was hit with an analyst downgrade. The

money.cnn.com/2014/05/12/investing/stocks-markets/index.html?iid=H_MKT_News

2/3

5/12/14

Dow, S&P close at record highs - May. 12, 2014

stock has been sliding and is down more than 17% this year as it struggles to keep up with the competition.
CNN's Tech 30 Index still negative for 2014

Twitter ( TWTR) crawled back Monday with an almost 6% bump after an analyst at SunTrust upgraded the stock. Shares
plunged last week after insiders were allowed to sell Twitter following the expiration of a lockup period tied to the company's
initial public offering in November.
A number of tech stocks had a great day with Netflix ( NFLX), Facebook (
500) some of the biggest gainers among companies in the S&P 500.

FB, Fortune 500) and Amazon (

AMZN, Fortune

Investors also kept a close eye on geopolitical developments, but they seemed to shrug off Sunday's vote in a region of eastern
Ukraine that showed an overwhelming majority in favor of independence. Ukraine and several Western countries have
condemned the referendum, organized by pro-Russian separatists.
European Union foreign ministers met to discuss the situation in Ukraine today. They modestly expanded sanctions on Russia
by placing travel bans and freezing assets of additional Russian power players who are close to Vladimir Putin.
Related: Boko Haram threatens Nigeria's economic future

European markets closed higher. Most major Asian markets ended firmer. The Shanghai Composite index surged by just over
2%.

First Published: May 12, 2014: 9:49 AM ET

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5/13/14

Sensex surges to close at new high - The Hindu

Business Markets
Published: May 13, 2014 16:38 IST | Updated: May 13, 2014 18:24 IST

Sensex surges to close at new high


IANS

The sensex opened at 23,729.78 points, and ended trade at 23,871.23 points. File photo

The Hindu

A benchmark index of Indian equities markets Tuesday crossed the 24,000-point mark for the first time in its
history, recording the third straight high.
At 24,068.94 points, it was the highest mark so far, surpassing the previous record of 23,573 points hit Monday as the
exit polls showed the Bharatiya Janata Party and its allies closing in on a majority in the just-ended countrys general
elections.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which crossed the 24,000 points in
the morning session, opened Tuesdays trade at 23,729.78 points, and ended trade at 23,871.23 points, a record
closing high (provisional), up 320.23 points or 1.36 percent from the previous days close at 23,551 points.
The Sensex touched a high of 24,068.94 points and a low of 23,729.25 points intra-day.
The rally was led by the capital goods, oil and gas, information technology (IT), consumer durables and technology,
entertainment and media (TECK) sectors.
The S&P BSE capital goods index gained 318.86 points, oil and gas index surged by 302.34 points, IT index went up
by 227.55 points, consumer durables index rose by 191.82 points, TECK index moved up by 109.78 points.
However, healthcare index fell 41.99 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) too closed at a record high. It surged 155.45 points or
1.34 percent and closed at 7,108.40 points before climbing to an all time high of 7,172.35 points.
The prominent gainers were: Bharat Heavy Electricals, up 10.25 percent at Rs.218.80; Hero MotoCorp, up 5.39
percent at Rs.2,428.85; ONGC, up 3.81 percent at Rs.372.05, Tata Power, up 3.62 percent at Rs.84.55 and Wipro, up
3.36 percent at Rs.528.80.
The losers included Dr Reddys Lab, down 3.99 percent at Rs.2,610.70; Tata Motors, down 0.94 percent at Rs.440.80;
Hindalco Inds, down 0.84 percent at Rs.142.30; HDFC Bank, 0.63 percent at Rs.787; and Sun Pharma, 0.47 percent
at Rs.610.20.
PTI adds:
The market sentiment was also boosted by data showing that foreign funds made substantial purchases as they
bought shares worth a net Rs 1,217.95 crore yesterday as per provisional data from the stock exchanges.
Market participants seemed to ignore data, which came after markets closed yesterday, showing retail inflation rose
to threemonth high of 8.59 per cent in April, squeezing the space for the Reserve Bank to ease interest rates in the
monetary policy review in June.
www.thehindu.com/business/markets/sensex-surges-to-close-at-new-high/article6005231.ece?homepage=true&css=print

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5/13/14

Sensex surges to close at new high - The Hindu

Jignesh Chaudhary, Head of Research, Veracity Broking Services said: Local equities opened strong taking cues from
yesterdays exit polls which showed that the Bharatiya Janata Party and its allies will be on the winning side in the
Lok Sabha elections. Investors feel that if Modi wins this elections then his presence will boost markets & also the FIIs
will pour in more money...
Globally, most Asian stocks ended higher as investors weighed earnings and after US stocks climbed to record high
overnight. Benchmark indices in South Korea, Hong Kong, Taiwan and Japan were up by 0.11 per cent to 1.95 per
cent while Shanghai Composite declined by 0.10 per cent. Singapore market was closed today.
Keywords: Sensex, closing figures, NDA government formation, exit polls predictions, market reaction, capital goods
stocks
Printable version | May 13, 2014 8:22:21 PM | http://www.thehindu.com/business/markets/sensex-surges-to-closeat-new-high/article6005231.ece
The Hindu

www.thehindu.com/business/markets/sensex-surges-to-close-at-new-high/article6005231.ece?homepage=true&css=print

2/2

5/13/14

Sensex breaches 24000-mark - The Hindu

Business Markets
Published: May 13, 2014 22:50 IST | Updated: May 13, 2014 22:52 IST

Sensex breaches 24000-mark


Special Correspondent

The Sensex closed at 23871.23 with a gain of 320.23 points or 1.36 per cent. In the last three trading sessions, the Sensex gained
1527.19 points. File photo

The Hindu

Stock markets staged a further rally on Tuesday with the S&P BSE Sensex surpassing the 24000-mark intra-day. The
Sensex closed at 23871.23 with a gain of 320.23 points or 1.36 per cent. In the last three trading sessions, the Sensex
gained 1527.19 points.
On the National Stock Exchange (NSE), the 50-share Nifty gained 94.50 points to close at 7108.75. . It touched an
intra-day high of 7172.35.
Exit poll predictions surpassed all expectations and led the continuation of the market rally. With most predictions
favouring a strong NDA government, the market is looking very strong and buoyant, said Sudip Bandyopadhyay,
Managing Director, and CEO, Destimoney Securities.
Among other Asian markets, Nikkei closed 1.95 per cent higher with Hang Seng also posting a rise of 0.41 per cent.
Rupee surges 37 paise
PTI reports:
Tracking rising stocks, the rupee on Tuesday surged 37 paise to end at a nine-month high of 59.68 against the dollar
on robust foreign capital inflows into equities after exit polls projected BJP-led NDA would form the next government
at the Centre. Weakness of the dollar in New York also boosted the rupee that posted its strongest gain against the
dollar in two weeks, a forex dealer said.
The rupee resumed higher at 59.70 a dollar as against the last closing of 60.05 at the inter-bank foreign exchange
market. It firmed up further to a high of 59.59, before ending at 59.68 a dollar.
Keywords: Sensex, BSE, NSE, stock market rally, closing figures, NDA government formation, exit polls
predictions, market reaction, capital goods stocks
Printable version | May 14, 2014 12:23:07 AM | http://www.thehindu.com/business/markets/sensex-breaches24000mark/article6005844.ece
The Hindu

www.thehindu.com/business/markets/sensex-breaches-24000mark/article6005844.ece?homepage=true&css=print

1/1

5/13/14

S&P Stalls at Record High | Fox Business


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The S&P 500 tilted just slightly higher on Tuesday, bringing the broadShare

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5/13/14

S&P Stalls at Record High | Fox Business

Still, Dan Greenhaus, chief global strategist at BTIG, said the numbers
aren't as bad as they seem.
"While the headline retail sales report is much weaker than expected,
revisions to the prior month should considerably more strength than
originally reported," he said in an email to clients.
"Taken together, the two months are modestly weaker than expected
but certainly less weak than April looks by itself."
Another report from Commerce showed import prices fell 0.4% in
April, the first decline since November 2013. Wall Street expected
prices to climb 0.3%. Export prices, meanwhile saw a 1% decline, the
largest drop since June 2012, while the Street was looking for a 0.3%
increase.
Elsewhere, the takeover battle between Pfizer (PFE) and
AstraZeneca (AZN) continues amid news reports Pfizer plans on
upping its price above the $106 billion it already offered. Coca-Cola
(KO) increased its stake in Keurig Green Mountain (GMCR) to
16% from 10%.
U.S. crude oil futures rose 66 cents, or 0.66%, to $101.25 a barrel.
Wholesale New York Harbor gasoline gained 0.47% to $2.928 a
gallon. Gold fell $4.10, or 0.32%, to $1,292 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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5/13/14

Stocks notch fresh highs as S&P touches 1,900 - May. 13, 2014

Stocks hit new highs as S&P touches 1,900


By Matt Egan @mattmegan5 May 13, 2014: 4:29 PM ET

115

115

TOTAL SHARES

NEW YORK (CNNMoney)

Another day, another record for stock prices.


The S&P 500 touched 1,900 for the first time ever on Tuesday, although the index closed just below that threshold, and the
Nasdaq lost some ground.
This marked the third consecutive record close for the Dow Jones industrial average (16,715) and S&P 500 (1,897), while the
Nasdaq continues to underperform its peers this year amid a rotation away from momentum stocks, especially in tech.
The S&P 500 has achieved recent milestones at a very fast pace.
After first crossing over the 1,500 line in March 2000, it took the S&P 500 13 years to eclipse the 1,600 mark, according to S&P
Dow Jones Indices. But the broad index then logged the next four round number milestones all in the past year.
Related: CNNMoney's Fear & Greed Index back to neutral

There was very little volatility on Tuesday, as evidenced by the Dow's extremely tight trading range of less than 40 points.
The early enthusiasm in the market was muted a bit by an economic report that showed consumer spending slowed in April.
Despite warmer weather in the spring, consumers didn't open up their wallets as much as Wall Street hoped. U.S. retail sales
inched up just 0.1% last month, trailing forecasts for a 0.4% rise.
In response to the disappointing data, consumer discretionary stocks were among the weakest performers on Tuesday.
Investors shed exposure to a number of retail stocks, including Dollar Tree ( DLTR, Fortune 500) and Target ( TGT, Fortune
500). Earnings reports from J.C. Penney ( JCP, Fortune 500) and Nordstrom ( JWN, Fortune 500) are due out later this week.
Related: Caution! Avoid J.C. Penney stock

money.cnn.com/2014/05/13/investing/stocks-markets/index.html?iid=H_MKT_News

1/3

5/13/14

Stocks notch fresh highs as S&P touches 1,900 - May. 13, 2014

The government also said electronics and appliance store sales slid 2.3% last month, driving shares of Whirlpool (
Fortune 500) almost 3% into the red.

WHR,

Consumer financial stocks ran into resistance after a new Fed report showed the amount of credit-card debt outstanding
dropped in the first quarter to the lowest level on record going back to 2003. Discover Financial ( DFS, Fortune 500) and
American Express ( AXP, Fortune 500) both closed lower.
Investors continue to see many power plays at the stock level. They guzzled down shares of Keurig Green Mountain ( GMCR),
which soared over 7.5% after Coca-Cola ( KO, Fortune 500) announced plans to boost its stake in the company to 16%. The
move represents a vote of confidence from the world's largest beverage maker and follows an initial 10% stake acquired in
February.
StockTwits user KidDynamiteBlog said: "if $KO wanted to buy $GMCR couldn't they have done it cheaper by bidding all at
once? ie - they're running up their own eventual cost?"
Related: Wall Street 'experts' pick loser stocks

Elizabeth Arden ( RDEN) plummeted almost 23% after disclosing a 20% sales tumble and a surprise loss amid weak store
traffic. The cosmetics company also tapped Goldman Sachs to explore a possible sale or other options.
DirecTV ( DTV, Fortune 500) reversed course and ended in the red despite reports indicating AT&T ( T, Fortune 500) could
quickly clinch a $50 billion bid to buy the satellite TV company. Rival Dish Network ( DISH, Fortune 500) pared early losses
and closed narrowly higher.

A DISH left out in the cold?


Other Nasdaq stocks struggling include Vodafone (

VOD) and TripAdvisor (

TRIP).

Related: Fear & Greed Index

Mergers and acquisitions continue to drive a lot of the upbeat mood on Wall Street. Valeant Pharmaceuticals ( VRX) signaled
plans to raise its $46 billion offer to acquire Allergan ( AGN, Fortune 500), which the Botox maker formally rejected on
Monday.
Investors will also be focusing on developments in the pharmaceutical industry. The American drug maker Pfizer ( PFE,
Fortune 500) wants to buy Britain's AstraZeneca ( AZN) and both CEOs will appear before a U.K. parliamentary committee to
answer questions about the potential takeover.
The earnings front was largely quiet, but Fossil (
the closing bell.

FOSL) and Take-Two Interactive (

TTWO) are on tap to report results after

Related: CNNMoney's Tech30

European markets ended mostly higher after reports that Germany's central bank supports additional stimulus measures from
the European Central Bank. Germany's Dax index advanced 0.5%.
money.cnn.com/2014/05/13/investing/stocks-markets/index.html?iid=H_MKT_News

2/3

5/13/14

Stocks notch fresh highs as S&P touches 1,900 - May. 13, 2014

In Asia, India's benchmark Mumbai Sensex index surged to a record high Tuesday after election exit polls indicated that voters
will deliver a mandate to Narendra Modi and the pro-business Bharatiya Janata Party.
Most other regional markets ended with gains. The Nikkei in Japan jumped by 2%.

First Published: May 13, 2014: 9:44 AM ET

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5/15/14

Sensex up 90 points to log new closing high ahead of poll results - The Hindu

Business Markets
Published: May 15, 2014 16:52 IST | Updated: May 15, 2014 17:04 IST

Sensex up 90 points to log new closing high ahead of poll results


PTI

A view of the BSE building in Mumbai. File photo

The Hindu

In volatile trading, the benchmark Sensex on Thursday rebounded by over 90 points to end at fresh closing high of
23,905.60, ahead of the much-awaited outcome of Lok Sabha elections.
Easing April inflation data before the RBIs monetary policy review on June 3, also boosted sentiment.
Stock markets had opened on a strong footing with the 30-scrip Sensex touching the days high of 23,971.78 points in
early trade. However, some profit booking in realty, capital goods, IT, metal, healthcare and auto shares pulled the
index down to a days low of 23,742.75 points.
The BSE barometer finally closed at a new closing high of 23,905.60, up 90.48 points, or 0.38 per cent, as fag-end
buying in heavy-weights emerged.
www.thehindu.com/business/markets/sensex-up-90-points-to-log-new-closing-high-ahead-of-poll-results/article6012171.ece?homepage=true&css=print

1/2

5/15/14

Sensex up 90 points to log new closing high ahead of poll results - The Hindu

The gauge had lost 56.11 points in the previous session to fall from its previous record closing high of 23,871.23.
Seventeen Sensex stocks rose while 13 ended lower.
Shares of Tata Steel, after touching a 52-week high of Rs. 468, closed 1.89 per cent up at Rs. 460.70 after the firm
reported consolidated net profit of Rs. 1,036 crore for the fourth quarter ended March 2014.
Other major gainers were Reliance Industries, Infosys, ONGC, NTPC, Axis Bank, GAIL, HDFC, HDFC Bank,
Hindustan Unilever, ITC, Mahindra and Mahindra, Maruti and Tata Power.
The 50-share Nifty index of the National Stock Exchange also ended 14.40 points, or 0.20 per cent, higher at new
closing peak of 7,123.15. During the session, Nifty shuttled between 7,152.55 and 7,082.55.
Niftys previous closing high was 7,108.75.
Investors and foreign funds, who were seen booking profits in late afternoon trade, started accumulating stocks
helping indices end in the positive territory. Exit polls have projected that BJP will emerge as the single largest party.
Brokers said easing inflation which fell to 5.2 per cent in April from 5.7 per cent in March helped steady market
mood.
Besides, the rupee, which soared to almost 10-month high against the U.S. dollar, also had a positive impact, they
said.
Among sectoral indices, BSE Consumer Durables gained the most by rising 1.52 per cent, followed by Power index
(0.97 per cent), Oil and Gas index (0.95 per cent) and PSU index (0.42 per cent). However, the BSE Realty sector
index fell the most by losing 1.11 per cent, followed by Capital Goods index (0.90 per cent).
Keywords: BSE, NSE, Sensex, Nifty, Lok Sabha polls results
Printable version | May 15, 2014 8:33:11 PM | http://www.thehindu.com/business/markets/sensex-up-90-points-tolog-new-closing-high-ahead-of-poll-results/article6012171.ece
The Hindu

www.thehindu.com/business/markets/sensex-up-90-points-to-log-new-closing-high-ahead-of-poll-results/article6012171.ece?homepage=true&css=print

2/2

5/16/14

Sensex hits new record-high of 25,014.85; Nifty crosses 7,400 - The Hindu

Business Markets
Published: May 16, 2014 09:41 IST | Updated: May 16, 2014 10:03 IST

Sensex hits new record-high of 25,014.85; Nifty crosses 7,400


PTI
Nifty breaches 7,400 for the first time in opening trade

The BSE Sensex and the NSE Nifty soared to hit new alltime high of 25,014.85 and 7,459.40 points, respectively in
opening trade on Friday, on sustained fund inflows after trends suggesting that Bharatiya Janata Party was leading in
150 out of 285 seats.
The 30share index, which had gained over 90 points to close at recordhigh on Thursday, zoomed to hit an all
time high of 25,014.85 by climbing 1,109.25 points, or 4.64 per cent.
All the sectoral indices, led by banking and consumer durables, were trading in the positive territory with gains up to
8 per cent.
The 50share NSE Nifty also recorded its alltime high of 7,459.40 by rising 336.25 points, or 4.72 per cent.
Brokers said continued buying by foreign funds as well as retail investors driven by reports that the BJP was leading
in 150 out of 285 seats lifted the key indices to new highs.
Besides, appreciating rupee which soared to a fresh 10month high of 58.88 against the US dollar also had a positive
impact, they said.
Among the 30Sensex stocks SBI, HDFC Bank and ICICI Bank were the top performers during the initial trade
with the banking index leading among the 13 BSE sectoral indices. It was up by 7.78 per cent to 17,554.70.
BJP was making impressive gains in the Lok Sabha elections with the party leading in 150 out of 285 seats for which
trends were available across the country.
Among other Asian markets, Japans Nikkei fell 1.70 per cent, while Hong Kongs Hang Seng shed 0.56 per cent in
early trade today.
The US Dow Jones Industrial Average closed 1.01 per cent lower in on Thursdays trade.
Keywords: Sensex, BSE, Nifty, NSE, opening trade
Printable version | May 16, 2014 10:07:22 AM | http://www.thehindu.com/business/markets/sensex-hits-newrecordhigh-of-2501485-nifty-crosses-7400/article6015308.ece
The Hindu

www.thehindu.com/business/markets/sensex-surges-1024-points-hits-new-record-of-24930/article6015308.ece?css=print

1/1

5/16/14

Sensex, Nifty at record high as BJP heads for a big win - The Hindu

Business Markets
Published: May 16, 2014 13:18 IST | Updated: May 16, 2014 16:29 IST

Sensex, Nifty at record high as BJP heads for a big win


PTI

BJP supporters outside Bombay Stock Exchange celebrating BJP victory in Lok Sabha polls in Mumbai on May 16, 2014. Photo: Paul Noronha

The stock markets remained at record highs as investors cheered results trend indicating BJPs clear victory in the general elections. A fileThe Hindu
photo: Vivek Bendre.

Despite some profit booking on Friday afternoon trade, the stock markets remained at record highs as investors
cheered results trend indicating BJPs clear victory in the general elections.
In the forex market, the rupee climbed to 11-month high of 58.62 against the US dollar amid lower demand for the
American currency and heavy foreign fund inflows into the stock markets.
As result trends poured in this morning, the BSE Sensex climbed 1,470.03 points to an all-time high of 25,375.63.
However, profit-booking trimmed early gains and the Sensex was quoting 941.81 points, or 3.94 per cent higher at
www.thehindu.com/business/markets/sensex-nifty-at-record-high-as-bjp-heads-for-a-big-win/article6015975.ece?css=print

1/2

5/16/14

Sensex, Nifty at record high as BJP heads for a big win - The Hindu

24,847.41 at 1230 hrs.


The NSEs 50-share Nifty was trading up by 288.45 points, or 4.05 per cent, at 7,411.60, after breaching the
psychological 7,500-mark to touch an intra-day peak of 7,563.50.
Tracking the extremely strong sentiment in the equity markets that recorded lifetime highs, as many as 220 stocks hit
one-year highs in the morning trade on the BSE following election result trends.
Narendra Modi appears all set to be the next Prime Minister with BJP likely to get a majority on its own, wresting
power from Congress which is on the path of recording its worst ever performance in the Lok Sabha polls.
Recording its best ever performance in its 34-year existence, the BJP on its own was leading in 276 seats, three more
than the required half-way mark in the 543-member House, while its allies were ahead in 49 seats.
Among the 30-Sensex stocks - SBI, HDFC Bank, HDFC Ltd, ICICI Bank, Axis Bank, Sesa Sterlite, Reilance Industries,
ONGC, NTPC, Maruti Suzuki, BHEL, Larsen and Toubro, BHEL, ITC Ltd, Coal India, Bharti Airtel, Tata Power, Tata
Steel and Bajaj Auto were the star performers.
The BSE banking index leading among the 13 BSE sectoral indices. It was up by 7.54 per cent to 17,507.28 and realty
index rose 6.34 per cent, to 1,611.17.
The Sensex had surged over 1,500 points in the past four trading sessions after exit polls showed leads for the BJP-led
NDA.
Keywords: Stock market, BSE, BJP, Lok Sabha elections
Printable version | May 16, 2014 8:17:10 PM | http://www.thehindu.com/business/markets/sensex-nifty-at-recordhigh-as-bjp-heads-for-a-big-win/article6015975.ece
The Hindu

www.thehindu.com/business/markets/sensex-nifty-at-record-high-as-bjp-heads-for-a-big-win/article6015975.ece?css=print

2/2

5/16/14

Sensex hits 25K on BJPs winning streak - The Hindu

Business Markets
Published: May 16, 2014 16:56 IST | Updated: May 16, 2014 17:04 IST

Sensex hits 25K on BJPs winning streak


PTI

Creating history, the Sensex on Friday surpassed the 25,000-mark on trends indicating a clear majority for Narendra
Modi-led BJP in Lok Sabha polls before retreating on massive profit-booking to end at 24,121.74, a record close.
The 30-share index, which had a solid run in the past few days, surged 1,470 points to hit a new life-time high of
25,375.63 in early trade fuelled by hopes that BJP government would fast-track reforms and accelerate economic
activity.
However, the index started losing momentum later and briefly slipped into negative territory to touch low of
23,873.16. Frittering away significant portion of its gain on profit booking, the Sensex nevertheless concluded at a
new closing peak of 24,121.74, a gain of 216.14 points or 0.90 per cent. This surpasses its closing of 23,905.60 on
Thursday.
In terms of market capitalisation, investor wealth rose by a whopping Rs 1 lakh crore to end at Rs 80.64 lakh crore.
While a lot of the positives are already factored in by the markets, now everyone will be watching out for actual steps
to be taken by the government starting with Budget and Tax Reforms etc, said Nirakar Pradhan, Chief Investment
Officer, Future Generali India Life Insurance.
The 50-share NSE Nifty crossed the key 7,500-mark to hit an all-time intra-day high of 7,563.50. However, profitbooking at record levels wiped off most of early gains to close at 7,203 - 79.85 points, or 1.12 per cent higher.
In the forex market, the rupee climbed to 11-month high of 58.62 against the US dollar amid continued foreign fund
inflows into the stock markets. It was last trading at 58.93.
Among the 30-Sensex components, SBI (5.93 %), HDFC Bank (2.11 %), ICICI Bank (5.15 %) Axis Bank (5.60 %),
Larsen and Toubro (3.52 %), Reliance Industries (2.59 %), ONGC (1.83 %) and NTPC (2.01 %) clocked smart gains.
www.thehindu.com/business/markets/sensex-hits-25k-on-bjps-winning-streak/article6016599.ece?css=print

1/2

5/16/14

Sensex hits 25K on BJPs winning streak - The Hindu

Maruti Suzuki (1.76 %), BHEL (5.25 %), Coal India (1.45 %), Bharti Airtel (3.33 %), Tata Power (3.72 %) and Tata
Motors (2.39 %) were also among prominent gainers. Sesa Sterlite was the best performer with 11 per cent gain.
Sectorally, the BSE realty index gained the most among the BSE sectoral indices, by rising 5.97 per cent, followed by
Banking index (4.39 %) and PSU index (3.60 %).
The Sensex had surged over 1,560 points in the past five trading sessions after exit polls showed leads for the BJP-led
NDA.
Keywords: Sensex, Lok Sabha elections 2014, BJP, Narendra Modi
Printable version | May 16, 2014 8:18:01 PM | http://www.thehindu.com/business/markets/sensex-hits-25k-on-bjpswinning-streak/article6016599.ece
The Hindu

www.thehindu.com/business/markets/sensex-hits-25k-on-bjps-winning-streak/article6016599.ece?css=print

2/2

5/19/14

Sensex up 241 points but rupee gain clips IT stocks - The Hindu

Business Markets
Published: May 20, 2014 00:31 IST | Updated: May 20, 2014 00:31 IST

Sensex up 241 points but rupee gain clips IT stocks


Special Correspondent
In the past six months, FIIs have brought in approximately $16 billion into India

The Indian rupee, on Monday, surged to its 11 months high of 58.38 a dollar as foreign institutional investors (FIIs)
get in more funds into India. This level was seen in June 2013.
However, the rupee corrected during the day to close at 58.59 a dollar as compared to Fridays close of 58.79, up 20
paise. Some dealers said the Reserve Bank of Indias intervention was felt during the day.
This (strengthening of the rupee) will continue for some time and the rupee could appreciate to 57.20 level on its
normal course. This is purely backed by FIIs movement. Overall, the picture is getting good, and more FII money will
flow, said Pramit Brahmbhatt, CEO, Veracity Financial Services.
Indian rupee touched 11-month high, as the currency is benefiting from positive sentiments post a decisive mandate.
Foreign inflows continue in the stock market, as investor chase the best performing market in Asia. Over the nearterm, the rupee can continue to appreciate towards 57.50/58.00 levels, as foreign investors continue to show
confidence in the Indian equity market, said Anindya Banerjee, currency analyst, Kotak Securities.
In the past six months, FIIs have brought in approximately $16 billion into India.
IT stocks, on Monday, bore the brunt of an appreciating rupee. As investors stayed away from export-oriented sectors
such as IT stocks, TCS closed with a loss of 5.69 per cent.
Infosys was down 4.88 per cent. Wipro closed with a loss of 4.25 per cent. This is despite bench-mark indices gaining
with hope that the economy would turnaround under the new government.
In a volatile movement, the BSE Sensex, on Monday, closed with a gain of 241 points at 24,363 points while the NSE
Nifty closed at 7,264, up 60.55 points.
The markets continued to move upwards in the light of NDAs resounding victory in the Lok Sabha election. Exportoriented stocks such as Pharma and IT were hit hard as the rupee zoomed to a 11-month high. Both CNX IT and CNX
Pharma were among the top losers. Both Nifty and Sensex were supported by infrastructure and realty stocks, Kiran
Kumar Kavikondala, Director & CEO, WealthRays Securities, said.
Keywords: Sensex, foreign institutional investors, Indian rupee, Reserve Bank of India, Indian stock market
Printable version | May 20, 2014 7:33:14 AM | http://www.thehindu.com/business/markets/sensex-up-241-pointsbut-rupee-gain-clips-it-stocks/article6026217.ece
The Hindu

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5/19/14

Nasdaq Leads Wall Street Higher in Quiet Session | Fox Business


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"We think the risks of a disord


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Sensex rebound 76 points; Nifty ends at new high - The Hindu

Business Markets
Published: May 22, 2014 16:29 IST | Updated: May 22, 2014 16:29 IST

Sensex rebound 76 points; Nifty ends at new high


PTI

The benchmark Sensex on Thursday rebounded over 76 points to end at near record highs on renewed buying in
consumer durables, realty, power and PSU sector stocks amid a firming trend in the global markets.
Meanwhile, the NSE index Nifty closed 23.50 points higher at a fresh record close of 7,276.40, surpassing the
previous record of 7,275.50 made on May 20.
The BSE 30-share Sensex resumed higher and advanced further to hit the days high of 24,524.76 on increased capital
inflows and on hopes that new government will take steps to accelerate economic growth.
However, some profit booking in IT shares trimmed gains to some extent. The BSE barometer finally settled at
24,374.40, up 76.38 points, or 0.31 per cent. The gauge had lost 78.86 points to in the previous session, falling from
its record closing high of 24,376.88.
Small caps and Mid caps once again hogged the limelight.
Realty sector was major gainer today. Most of the banking stocks were also seeing buying interest, said Nidhi
Saraswat, Senior Research Analyst, Bonanza Portfolio.
Jewellery stocks were back in demand after the Reserve Bank yesterday eased gold import norms by allowing select
trading houses, in addition to already permitted banks, to procure the precious metal to boost exports. Shares of
Titan, Gitanjali Gems and Rajesh Exports rose.
Similarly, PC Jeweller, Tribhovandas Bhimji Zaveri and Shree Ganesh Jewellery House climbed.
Positive global cues helped boost domestic sentiments as Asian stocks edged higher after Federal Reserve meeting
minutes showed policy makers see a muted risk of inflation from continued US stimulus.
Among sectoral indices, BSE Consumer Durables gained the most by rising 6.78 per cent, followed by Realty index
(5.54 per cent), Power index (2.20 per cent), PSU index (1.80 per cent) and Metal index (1.80 per cent).
Keywords: BSE, NSE, Sensex, Nifty
Printable version | May 22, 2014 5:21:05 PM | http://www.thehindu.com/business/markets/sensex-rebound-76points-nifty-ends-at-new-high/article6036869.ece
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5/23/14

Sensex surges 319 pts to new closing peak; SBI shares zoom 10 p.c. - The Hindu

Business Markets
Published: May 23, 2014 16:42 IST | Updated: May 23, 2014 16:54 IST

Sensex surges 319 pts to new closing peak; SBI shares zoom 10 p.c.
PTI

Investors heavily bought into power stocks, including NTPC and Tata Power, on reports that the Modi-led NDA government is likely to
harness solar power and give a fillip to development of offshore wind energy. File Photo: Vivek Bendre

The Hindu

The benchmark Sensex surged 319 points, clocking its biggest rise in over a week, to end at a new closing peak of
24,693.35 on Friday, boosted by a spike in SBI after its earnings and heavy buying in power shares on hopes of a big
push under the incoming Narendra Modi-led government.
Likewise, the NSE barometer Nifty jumped 90.70 points, or 1.25 per cent, to close at yet another record of 7,367.10,
surpassing the previous high of 7,276.40 it hit on Thursday.
State Bank of India shares hit a three-year high and closed about 10 per cent higher after analysts said its 8 per cent
decline in profit for fourth quarter was better than expected.
www.thehindu.com/business/markets/sensex-surges-319-pts-to-new-closing-peak-sbi-shares-zoom-10-pc/article6040829.ece?homepage=true&css=print

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5/23/14

Sensex surges 319 pts to new closing peak; SBI shares zoom 10 p.c. - The Hindu

Investors heavily bought into power stocks, including NTPC and Tata Power, on reports that the Modi-led NDA
government is likely to harness solar power and give a fillip to development of offshore wind energy. Adani Power,
Reliance Power, Power Grid and JP Power also hogged the limelight.
RIL, ONGC, L&T and HDFC were among the 22 winners in the 30-share Sensex.
Sensex opened on a strong footing and rose to days high of 24,745.86 points. It concluded the session at 24,693.35, a
new record at closing, by rising 318.95 points or 1.31 per cent. It surpassed previous record closing of 24,376.88
reached on May 20.
Financial major Goldman Sachs said a clear mandate for the BJP has rekindled hope for structural reforms and better
investment climate and the countrys growth is likely to accelerate to 6.5 per cent in FY16.
The rupee surged to trade at fresh 11-month high of 58.37 in late afternoon trade. It had closed at 58.47 yesterday.
With the sea change in the trading sentiments, investors were seen accumulating small and mid-cap stocks, said
Manoj Choraria, a Delhi-based stock broker.
The BSE Midcap index ended 1.76 per cent higher at 8,668.32 points and the small-cap barometer rose 1.87 per cent
to end at 9,128.04.
Overall, the BSE PSU index emerged the star performer by rising the most at 3.87 per cent, followed by Power sector
index (3.66 per cent), Oil and Gas index (2.16 per cent) and Capital goods index (2.15 per cent).
Keywords: Sensex, NSE, BSE, Nifty, Indian stock market
Printable version | May 23, 2014 5:50:43 PM | http://www.thehindu.com/business/markets/sensex-surges-319-ptsto-new-closing-peak-sbi-shares-zoom-10-pc/article6040829.ece
The Hindu

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2/2

5/23/14

S&P 500 hits new record of 1,900.5 - May. 23, 2014

S&P 500 hits new record of 1,900.5


By Jesse Solomon @JesseSolomonCNN May 23, 2014: 4:29 PM ET

107

107

TOTAL SHARES

NEW YORK (CNNMoney)

Investors ended the week on a high note before hitting the beach and barbecue for the long weekend.
Here's what you need to know before kicking off the holiday:
The Dow, S&P 500 and Nasdaq all rose on Friday. The S&P 500 closed at a new record of 1,900.5. The Dow ended the
day up about 0.4% and the Nasdaq was up nearly 0.8%.
It's been a good week on Wall Street, with all three indexes finishing in positive territory, led by the Nasdaq's more than 2%
gain.
1. Good day for shoes, not so pretty for clothes
In the corporate world, Foot Locker ( FL, Fortune 500) bounced over 1.5% after the retailer reported a 14% jump in first
quarter sales. The company said its quarterly sales and profits were the highest in its history.
"Footlocker Q points to casual footwear trend remaining strong as ever...$FL," said retail_guru on StockTwits.
But things weren't all good in the world of apparel, as Aeropostale ( ARO) shares plunged more than 24%. The clothing
company reported a narrower-than-expected loss for the first quarter, but said comparable sales decreased 13%.
StockTwits trader oracleofla felt the stock's punishment didn't fit the crime.
"$ARO i think this is a bit excessive..i am gonna jump in," he said.
2. HP cuts jobs, but stock jumps
Hewlett-Packard ( HPQ, Fortune 500) is enjoying a nice rebound with a 6% pop on Friday. The tech giant fell Thursday in
late trading. In an apparent error, the firm released its earnings report before the closing bell, which included plans to cut

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1/3

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S&P 500 hits new record of 1,900.5 - May. 23, 2014

11,000 to 16,000 jobs on top of the previously announced 34,000 job cuts.
StockTwits trader kaley didn't think HP's big jump Friday was warranted.
"$HPQ not seeing the enthusiasm for this company...they are doing a lot of cost cutting...not a good sign," she said.
Related: Did you work for HP? We want to hear your story

Apple ( AAPL, Fortune 500) finished the week at $614 a share, a 52-week high point for the company. Apple's Worldwide
Developers Conference takes places June 2 to 6, which often bring the unveiling of new products. The stock is also set to
split in early June with trading of the lower priced shares to begin on Monday, June 9.
"$AAPL finally doing what it is suppose to. Of all the stocks out there this is the most undervalued and underappreciated
one," declared MarlonSilos on StockTwits.

Apple has its mojo back


Shares of eBay ( EBAY , Fortune 500) recovered somewhat after taking a hit Thursday. The ecommerce conglomerate
remains in the spotlight amid criticism that it was slow to inform customers about a hacking incident.
CNNMoney's Tech 30 index is up 1% Friday, although it's still down for the year, reflecting the roller coaster ride for many
tech stocks so far in 2014.
3. Russia, Thailand: Big talk, not much market movement
On the international front, traders were keeping tabs on geopolitical developments. Speaking Friday at an international
economic forum in St. Petersburg, Russian President Vladimir Putin warned of a "dangerous civil war" in Ukraine as fresh
violence erupted ahead of this weekend's presidential election.
Still, European markets mostly finished in positive territory.
Related: Fear & Greed Index

In Asia, shares of Thailand's main index slipped 1% and the baht dipped against the dollar after Thursday's coup. Fitch
said any further escalation in political instability could cause lasting damage to the economy.
Other Asian markets ended with gains.

First Published: May 23, 2014: 9:54 AM ET

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traders cheered upbeat euro news and data, but volume remained

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light.

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According to preliminary calculations, the Dow Jones Industrial


Average rose 69.2 points, or 0.42%, to 16675, the S&P 500

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advanced 11.4 points, or 0.6%, to 1912 and the Nasdaq Composite


HSH

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29.61

PFIZER INC....

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Will Go Up

The broad S&P 500 capped last week by logging a record closing
high -- the eleventh of the year. However, volume was light ahead of
Monday's Memorial Day holiday in the U.S., leading some to question

Report Claims Bot

the conviction of this leg higher.

Manipulated Bitcoin
Price on Mt. Gox

The shortened trading week kicked off on a high note Tuesday as


traders digested results from European Union elections over the long
weekend. Several of the eurozone's largest economies, including
Germany, France Italy and Spain, all voted for members of parliament.

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There were concerns that citizens tired of austerity and bailouts that
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have come to define the currency bloc would vote for euro-sceptic

What's this?

alternative parties. However, the results pointed to stability.

Morning Biz Outlook

"The results from the European elections suggest alternative and


euro-sceptic parties won 30% of the Europe-wide vote, an increase
from 20% in the previous election.," analysts at Barclays wrote in a
note to clients. "Despite the increased support for these parties, we
do not expect the election to trigger any major change in policy."

Morning Business Outlook: 5/23/14


Mid-Market Hiring Outlook Appears to Be Better

On the American front, there are several key economic reports due

Mid-Market Deal Flow Looking Good

out.
MOST POPULAR STOCKS

The Commerce Department said durable goods orders rose 0.8% in


April from the month before, easily beating estimates of a 0.5% dip.
Excluding the transportation segment, orders for long-lasting goods
rose 0.1%, compared to expectations they would remain unchanged.
The data are closely watched because they provide a broad-based
view of economic activity at the start of the second quarter.
Meanwhile, home prices in 20 major U.S. metropolitan areas rose
0.9% in March from the month prior on a non-seasonally-adjusted
basis, according to the S&P/Case-Shiller report. The increase was

AAPL

+1.87%

APPLE INC.

May 27

+0.87%

FORD MOTOR CO...

May 27

GE

+0.23%

GENERAL ELECT...

May 27

XOM

+0.04%

EXXONMOBIL CO...

May 27

FB

+3.47%

FACEBOOK INC.

May 27

625.63
4:00 PM

16.16
4:00 PM

26.57
4:00 PM

101.36
4:00 PM

63.48
4:00 PM

more than the 0.2% rise Wall Street anticipated for the month.
Meanwhile, prices were up 12.4% from the same month in the year
prior, also beating estimates of an 11.8% increase. The measure is a
lagging indicator, but provides a detailed look at how the housing
market began recovering from a particularly harsh winter.
Lastly, the Conference Boards gauge of consumer confidence rose
to 83 in May, matching views, from 81.7 the month prior.
On the corporate front, Pfizer (PFE) halted its bid to buy British rival
AstraZeneca (AZN), which would have been one of the world's
biggest-ever acquisitions. Pilgrims Pride (PPC) said Tuesday it
proposed a takeover of Hillshire Brands (HSH) in an all-cash deal
valued at $6.4 billion, or $45 per share.
Elsewhere, U.S. crude oil futures fell 25 cents, or 0.25%, to $104.09 a
barrel. Wholesale New York Harbor gasoline dipped 0.41% to $3.01
a gallon. Gold dropped $9.50, or 0.74%, to $1,282 a troy ounce.

Follow Adam Samson on Twitter @adamsamson.


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S&P Logs New


e High, But Vo
V lume Remains Light | Fox
o Business
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W II vets over for DDay anniversary
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5/29/14

S&P 500 tops 1,920. It's another record - May. 29, 2014

S&P 500 tops 1,920. It's another record


By Ben Rooney @ben_rooney May 29, 2014: 4:17 PM ET

Click for more market data.

53

53

TOTAL SHARES

NEW YORK (CNNMoney)

Despite a weak report on U.S. economic growth, the S&P 500 rose to another high Thursday as investors bet the economy is on
the mend.
The Dow Jones industrial average, the S&P 500 and the Nasdaq all ended comfortably higher. The S&P 500 closed at 1,920,
surpassing its previous record high from earlier this week.
All three of the major indexes are positive for the month and year. The tech stock heavy Nasdaq is on track to end May up nearly
3%.
Rush of economic data: The U.S. economy shrank at a 1% annual rate in the first three months of the year, according to revised
data released Thursday. That was much worse than the initial reading of growth of 0.1%, and reflected a sharp drop in inventory
spending by businesses.
But economists downplayed the report, saying more recent indicators suggest the economy has improved in the second quarter.
For example, the latest report on weekly jobless claims showed a sharp drop in the number of people filing for unemployment
benefits.
"So far, the second quarter continues to look like it will be much stronger, and the recovery remains on track," said Brad
McMillan, chief investment officer for CommonWealth Financial Network.
Investors love bonds: Investors continue to show a strong appetite for bonds. The yield on the 10-year Treasury note fell to
2.4% early today, the lowest level since June 2013. Bonds have rallied as investors grow convinced that the Federal Reserve will
not hike interest rates any time soon.
Here are the top moving stocks today:

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S&P 500 tops 1,920. It's another record - May. 29, 2014

A game of chicken? Shares of Hillshire Brands ( HSH, Fortune 500) surged nearly 18% after Tyson Foods ( TSN, Fortune
500) unveiled a $6.8 billion buyout offer, sending Tyson shares up more than 6%. The move comes days after Pilgrim's Pride
( PPC) launched a bid to buy Hillshire for $6.4 billion. The packaged food companies are hungry to form one of the world's
largest producers of meat, chicken and pork products.
Beats and BlackBerry. Apple ( AAPL, Fortune 500) shares rose nearly 2% and hit a new 52-week high after the technology
giant announced that it was buying headphone-maker Beats for $3 billion. News of the deal had been circulating for nearly three
weeks.
Shares of BlackBerry ( BBRY) gained more than 6% as investors welcomed comments from CEO John Chen at Recode's Code
Conference. He said the company has an 80% chance of coming back (higher than his previous 50-50 estimate) and reiterated
that BlackBerry isn't dead yet.
Related: Fear & Greed Index still languishing in fear

Retail in focus again. Costco ( COST, Fortune 500) issued its latest quarterly results, showing that sales increased but profits
came in slightly below expectations. The stock fell modestly.
Abercrombie & Fitch (

ANF) shares gained almost 6%, even though the clothing retailer reported a quarterly loss.

"In what remains a difficult teen retail environment, we are pleased that earnings for the quarter were in line with our
expectations," said Chief Executive Officer Mike Jeffries.

Abercrombie makes losing money stylish


Despite a 27% drop in share price yesterday, the stock of shoe store DSW (

DSW) stabilized today.

Related: CNNMoney's Tech30

European markets ended little changed. Asian markets mostly closed in the red Thursday.

First Published: May 29, 2014: 9:59 AM ET

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S&P 500 tops 1,920. It's another record - May. 29, 2014

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S&P, Dow Set New Highs as Factory Data Satisfy | Fox Business
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Lockheed Buying

met views.

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The Dow Jones Industrial Average rose 26.5 points, or 0.16%, to

Manufacturing Data

16743, the S&P 500 advanced 1.4 points, or 0.07%, to 1924 and the

Stocks Higher

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Nasdaq Composite dipped 5.4 points, or 0.13%, to 4237.


Gold Futures Down

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The Dow and S&P 500 capped May at all-time closing highs.

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of the gains.
Gundlach, State

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S&P, Dow Set New Highs as Factory Data Satisfy | Fox Business

The month kicked off with promising data from China. The country's

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official purchasing manager's index rose slightly to 50.8 in May from


What's this?

50.4 in April. The data suggest the manufacturing sector in the world's
Morning Biz Outlook

second-biggest economy is expanding at a slightly faster rate -- still,


though, it remains close to the flat-line.
"...as we all fear a pronounced China slowdown, the markets are
taking the news positively," said Peter Boockvar, chief market analyst
at The Lindsey Group.

Astrotech sells space operations


unit to Lockheed Martin for $61M

A slight downward revision to a gauge of eurozone factory activity,

Mid-Market Report: Lockheed Buying Astrotech


Space Business

coupled with tepid German inflation data, also had some analysts

Mid-Market Hiring Outlook Appears to Be Better

heightening their expectations that the European Central bank could


unleash a bond-buying program at its meeting Friday.

MOST POPULAR STOCKS

On the U.S. front, the Institute for Supply Management corrected its
closely-watched manufacturing gauge twice, causing some confusion
on Wall Street. The final correction showed the metric rose to 55.4 in
May from 54.9 in April. Economists forecast a reading of 55.5.
Readings above 50 point to expansion, while those below indicate
contraction.
The report comes ahead of a slew of data on the labor market,
capped with the Labor Department's monthly jobs report, due out on
Friday.

AAPL

-0.69%

APPLE INC.

Jun 2

0.00%

FORD MOTOR CO...

Jun 2

GE

+0.15%

GENERAL ELECT...

Jun 2

XOM

-0.59%

EXXONMOBIL CO...

Jun 2

FB

-0.35%

FACEBOOK INC.

Jun 2

628.65
4:00 PM

16.44
4:00 PM

26.83
4:00 PM

99.94
4:00 PM

63.08
4:00 PM

On the corporate front, a handful of drug companies, including Merck


(MRK), Bristol-Myers Squibb (BMY) and Amgen (AMGN),
revealed promising studies on immunotherapy treatments aimed at
melanoma.
Apple (AAPL) fell after announcing a series of software updates at its
developers conference.
Elsewhere, U.S. crude oil futures rose 3 cents, or 0.03%, to $102.74 a
barrel. Wholesale New York Harbor gasoline dipped 0.57% to $3 a
gallon. Gold rose $1.50, or 0.11%, to $1,247 a troy ounce.
Follow Adam Samson on Twitter @adamsamson.
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Sensex surges 467 points as funds pick banking, oil stocks - The Hindu
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MUMBAI, June 2,
2014

BUSINESS

Updated: June 2, 2014 16:52 IST

Sensex surges 467 points as funds pick banking, oil


stocks
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KCR is first CM of Telangana


West Bengal, Maharashtra ink pact on victims of
trafficking

The BSE benchmark index Sensex on Monday closed up by 467 points, posting
its biggest single-day gain in past three weeks following massive buying by funds
and retail investors mainly in banking, oil and capital goods stocks.

Karnataka to consult Fali Nariman on pending


irrigation projects

The 30-share index started the session on strong footing and hit the days high of
24,709.09 points as stocks of capital goods, PSU, banking, oil and gas, power,
metal and auto sectors rose sharply.

INTERNATIONAL

The Sensex settled at 24,684.85 points, a rise of 467.51 points, or 1.93 per cent, the biggest gain since
May 12.
The broad-based Nifty of the National Stock Exchange also jumped by a whopping 132.55 points, or
1.83 per cent, to closed at 7,362.50 after testing a high of 7,368.60.
Foreign funds and retail investors accelerated their buying activity as data showed that Indias
manufacturing sector growth inched up in May, brokers said.
A firming trend in global markets also buoyed the sentiments, they added.
Foreign institutional investors (FIIs) bought shares worth a net Rs 2,977.62 crore last Friday, as per
provisional data from the stock exchanges.

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http://www.thehindu.com/business/sensex-surges-467-pts-as-funds-pick-banking-oil-stocks/article6075084.ece[02-Jun-2014 5:23:45 PM]

Sensex surges 467 points as funds pick banking, oil stocks - The Hindu

Stocks of state-run banks led by SBI were in keen demand on speculation that the government may
consider selling part of its holdings, attributed major support to the Sensex, brokers said.
SBI rose by 4.23 per cent while private lender Axis Bank jumped 3.59 per cent, HDFC Bank by 3.26 per
cent and ICICI Bank by 2.80 per cent.
Engineering major Larsen & Toubro was the biggest gainer among Sensex stocks as it zoomed by 6.40
per cent on the back of strong Q4 results. L&T reported 69 per cent increase in standalone net profit
for the March quarter.
Car maker Maruti Suzuki surged 3.06 per cent after it reported 19.2 per cent rise in May sales.
The Mid-cap index gained by 2.16 per cent and small-cap index by 2.01 per cent. The BSE Capital goods
index gained 4.93 per cent, followed by PSUs index (3.42 per cent), Banking index (3.28 per cent) and
Oil and gas index (2.85 per cent).

Secretary
Gold plunges on increased stockists selling, weak
global cues
Maruti sales up 19% in May
Finance Ministry looking at raising FDI cap in
insurance
RBI may keep key interest rate unchanged
tomorrow
Sensex surges 467 points as funds pick banking, oil
stocks

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Stocks soar thanks to ECB, hedge fund - Jun. 5, 2014

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Stocks soar thanks to ECB, hedge fund


By Matt Egan @mattmegan5 June 5, 2014: 4:19 PM ET

Click image for more market data.

71

71

TOTAL SHARES

NEW YORK (CNNMoney)

You can thank two men for Thursday's zooming stock prices: Mario Draghi and David Tepper.
Stocks shattered all-time records after Draghi and the European Central Bank unleashed negative interest rates to fuel
growth. And then the markets raced even higher after Tepper, the hedge fund heavyweight, revealed he's no longer nervous
about the market.
The burst of buying leaves both the Dow Jones industrial average and S&P 500 at fresh all-time highs. Both indexes closed
about 0.6% higher. The Dow is now less than 170 points away from the 17,000 threshold. The Nasdaq built on Wednesday's
advance by soaring 1.26%, while the small-cap Russell 2000 surged almost 2%.
Here are five things you need to know about the global markets on Thursday:
1. More easy money!: U.S. capital markets tend to take their cues from Janet Yellen & Co. at the Federal Reserve, but recently
they've been moved by Mario Draghi's efforts to breathe life into the European economy.
Hoping to encourage inflation and spur bank lending, the ECB cut interest rates, as expected, to a record low and set a
negative deposit rate on Thursday.
The negative rate is meant to penalize banks that decide to park their cash at the central bank instead of lending it out to
businesses and consumers. But it's not like Draghi has a credible playbook to follow to avoid unintended consequences -- the
ECB is the first major central bank to move into negative territory.
Still, investors liked the moves as European markets shook off an earlier malaise to close sharply higher.

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Stocks soar thanks to ECB, hedge fund - Jun. 5, 2014

Related: ECB cuts rates


2. Tepper's words of wisdom: U.S. stocks achieved liftoff after CNBC reported that Tepper, the founder of Appaloosa
Management, said his chief market concerns have been "alleviated" in part due to the ECB move.
Tepper spooked many investors last month by saying he's "nervous" about stock prices and preaching caution given concerns
about U.S. and European growth and China's slowdown.
But Tepper, who hauled in $3.5 billion in pay last year, now believes all of those fears "one by one" have been eased.
Have you benefited from the bull market? Share your stories with us!
That was enough to send the Dow surging as high as 16,845.8, a new all-time intraday record. The S&P 500 climbed as high as
1,941.7.
"I see this continuing in the short term, and it could end in a climactic melt up before the inevitable pullback to reality," said
Michael Block, chief market strategist at Rhino Trading.
Record breaking has become commonplace on Wall Street. Thursday marked the S&P 500's 17th record close this year alone.
Still, it's worth noting the index is still trading below its all-time inflation-adjusted highs.
Related: These stock market 'records' aren't that great
3. GM in the spotlight: General Motors (GM) released the findings of its internal investigation into the ignition switch defect
and massive recall today.
GM has issued recalls for 2.6 million cars over a technical problem linked to the deaths of at least 13 people. In total, GM has
recalled 15.8 million vehicles worldwide this year.
GM CEO Mary Barra pledged to do the "right thing" for victims and said the auto maker fired 15 people for misconduct,
incompetence or failure to act over the scandal. Barra said the report found a pattern of incompetence and neglect, but no
conspiracy to cover up the defects.
Shares of the automaker rallied 3% of Wednesday, but closed down 0.7% on Thursday.
Related: Fear & Greed Index, still greedy
4. T-Mobile, Twitter & other stock movers: Should Twitter (TWTR, Tech30) follow Apple's (AAPL, Tech30) lead into music?
Investors apparently believe so. Shares of Twitter climbed 3% after the Financial Times reported Twitter recently considered
acquiring online music services Soundcloud, Spotify or even Pandora (P) in a bid to find new sources of growth.
Meanwhile, T-Mobile (TMUS) dropped over 2% amid reports the company and Sprint (S) are once again moving towards a
potential marriage -- in the face of serious regulatory skepticism. Sprint shares experienced an even more negative reaction,
dropping 4%.
While a deal could be blocked by antitrust or telecom regulators, the No. 3 and No. 4 wireless providers feel they need to team
up to compete with industry leaders AT&T (T, Tech30)and Verizon (VZ, Tech30).
Shares of Ciena (CIEN) surged over 18% after the company unveiled a bullish outlook for the second half of 2014. Ciena's
quarterly profits and sales also exceeded Wall Street's expectations.
Related: CNNMoney's Tech30
Wall Street punished shares of Rite Aid, (RAD) driving the drug store retailer 7% lower on its gloomy outlook. Rite Aid cited
higher-than-expected drug costs.
Joy Global (JOY) popped over 6.5% after the mining equipment maker logged profits that easily beat expectations despite the
industry slowdown. Larger rival Caterpillar (CAT) enjoyed a spillover effect, climbing more than 2.5%.
J.M. Smucker (SJM)rallied over 1.4% after reporting a lower drop in profits and sales than analysts had feared. The maker of
Folgers was hurt by lower coffee prices and earlier this week announced plans to raise the price of its coffee products by 9%.

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Stocks soar thanks to ECB, hedge fund - Jun. 5, 2014

Smuckers soars, but is trouble brewing?


5. Earnings and economic data: The Labor Department said 312,000 Americans filed for unemployment benefits last week, up
from 304,000 the week before.
But Wall Street is already looking ahead to Friday's all-important jobs report, which economists surveyed by CNNMoney
predict will show the U.S. added 200,000 jobs in May. The unemployment rate is expected to tick up to 6.4%.

First Published: June 5, 2014: 9:54 AM ET

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Sensex, Nifty hit new highs as dream run continues - The Hindu

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Published: June 6, 2014 17:08 IST | Updated: June 6, 2014 17:08 IST

Sensex, Nifty hit new highs as dream run continues


PTI

Extending their record-breaking show, benchmark indices Sensex and Nifty on Friday hit new lifetime highs and
ended about 1.5 per cent up as southwest monsoon set in and hefty overseas inflows continued, buoyed by hopes of
policy reforms by the new government.
Besides, a firming trend overseas after European Central Bank announced stimulus measures, accelerated fund flows
into emerging markets like India, brokers said.
Intra-day, the BSE Sensex rallied to an all-time high of 25,419.14, surpassing previous high of 25,375.63. It closed at a
new high of 25,396.46, logging a gain of 1.51 per cent or 376.95 points its best single-day rise in over three weeks.
The Sensexs previous all-time intra-day high of 25,375.63 was hit on May 16, the day election results showed the BJP
had clinched a landslide victory in Lok Sabha polls.
Nine of the twelve of the sectoral indices ended in the green. Realty, oil & gas and banking shares led the surge.
The NSE Nifty touched a new life high of 7,592.70, breaching the earlier high of 7,563.50. It closed up 109.30 points,
or 1.46 per cent, to end at new high of 7,583.40.
The Niftys previous all-time intra-day high of 7,563.50 was also hit on May 16.
Oil ministry is likely to take decision on gas pricing by month-end, generating renewed buying in the sector.
Positive news about monsoon also boosted market sentiment, said Rakesh Goyal, senior vice president, Bonanza
Portfolio.
The onset of monsoon is expected to ease prices of food grains, helping RBI to control sticky inflation, say experts.
Investors heavily bought oil & gas shares after reports said the government is likely to hike natural gas rates from July
1 after a new price formulation is approved by the Cabinet. Among Sensex, ONGC shot up nearly 11 per cent and RIL
gained about 3 per cent. GAIL, out Sensex, rose 7.5 per cent.
Of the 30 Sensex scrips, 24 ended higher, while six led Infosys, Hindualco, Sesa Sterlite, Bharti Airtel, Tata
Consultancy Services and Coal India ended lower. Shares of Infosys fell 1.28 per cent following exit of a key executive.
Sectorwise, BSE realty index gained the most by rising 5.02 per cent, followed by Oil and gas index up 4.82 per cent
and Banking index that jumped 1.65 per cent.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges
Printable version | Jun 6, 2014 5:37:41 PM | http://www.thehindu.com/business/markets/sensex-nifty-hit-newhighs-as-dream-run-continues/article6089517.ece
The Hindu

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6/15/14

Sensex hits record high above 25,400; ONGC jumps - Yahoo India Finance

Sun 15 Jun, 2014, 11:26 PM IST - India Markets closed

Sensex hits record high above 25,400; ONGC jumps


Reuters Fri 6 Jun, 2014 5:10 PM IST

By Indulal PM
MUMBAI (Reuters) - The BSE Sensex and Nifty surged to a record high on Friday as blue-chips including oil and gas
companies rose on continued optimism about policy reforms by the new government.
Upstream oil and gas companies led the rally on expectation that the new business-friendly government of Prime Minister
Narendra Modi would usher in substantial reforms.
Local shares were also underpinned by foreign fund inflows into equity markets for the fifth straight session on Thursday.
Overseas investors bought shares worth 13.69 billion rupees on Thursday, provisional exchange data showed, taking their
total purchases to $8.3 billion so far this year.
"The market is in a bull run and the momentum is expected to continue. Large overseas funds, which are coming into the
market, are looking for quality companies with inherent strength such as ONGC. Most of the state-run companies are
performing and are getting rerated. There could be intermediate corrections, which are good for the markets," said Deven
Choksey, managing director, KR Choksey Securities.
The Sensex gained as much as 1.6 percent to hit an all-time high of 25,419.14. The index closed 1.51 percent higher at
25,396.46, posting a 4.9 percent gain for the week.
The broader Nifty surged as much as 1.59 percent to a record high of 7,592.70. The index closed 1.46 percent higher at
7,583.40, marking a 4.9 percent rise for the week.
Shares of Oil and Natural Gas Corp gained as much as 12.1 percent to an all-time high of 469.85 rupees. The stock closed
11.1 percent higher at 465.65 rupees, adding to the 1.9 percent gain on Thursday, amid continued hopes about reforms in
the sector.
Shares in other oil and gas companies also gained with the BSE's oil and gas index closing 4.82 percent higher.
Reliance Industries Ltd RELI.NS advanced 2.98 percent, adding to its 1.2 percent gain on Thursday. Oil India Ltd rose 3.92
percent, while Gail India Ltd gained 7.94 percent.
Bluechips such as Housing Development Finance Corp rose 2.9 percent while Hero MotoCorp Ltd gained 3.9 percent.
State Bank of India closed 1.6 percent higher, while Mahindra and Mahindra Ltd ended up 2.5 percent.
Shares in other banks also gained. Kotak Mahindra Bank Ltd ended 3.9 percent higher, while Punjab National Bank closed
up 2.7 percent.
Shares in sugar companies gained after the union food minister said India would examine raising import tax on the
sweetener to support local prices and help mills clear dues to cane growers.
Shares in Shree Renuka Sugars Ltd gained 13.3 percent, while Balrampur Chini Mills Ltd closed 7.5 percent higher.
However, technology stocks declined with Infosys Ltd falling 1.3 percent after one of its top executive resigned. Tata
Consultancy Services Ltd closed 0.95 percent lower.
(Reporting by Indulal PM; Editing by Subhranshu Sahu)

https://in.finance.yahoo.com/news/sensex-inches-closer-record-highs-044927385.html

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6/8/14

The stock market loved the jobs report - Jun. 6, 2014

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Stock market starts weekend off right


By Melvin Backman @CNNMoneyInvest June 6, 2014: 4:38 PM ET

108

108

TOTAL SHARES

NEW YORK (CNNMoney)

This is how to start your Friday off right: More money in your stock portfolio.
The stock market once again closed at record levels thanks to a stronger-than-expected jobs report on Friday morning.
The Dow Jones Industrial Average, S&P 500 and Nasdaq Composite all closed about half a percent higher for the day, with the
Dow hitting 16,924.28 and the S&P 500 ending at 1,949.44.
This week has been a strong one overall for the markets. All three of the major indexes have gained at least 1%. The Nasdaq is
up over 1.8% as tech stocks continue to rebound from the spring sell-off.
"The US economy says please have a quiet and enjoyable weekend," wrote Societe General's Kit Juckes in a note to investors.
Related: Oh, the places you'll go (for yield)!
Here were the top talking points from the trading day:
1. Jobs! Lots of 'em: Things are looking good in the job market. The government said the U.S. economy created 217,000 jobs
last month, more than the 200,000 expected by economists polled by CNNMoney.
That's not as much as the 282,000 jobs created in April, but it's enough to get America back to where the labor market was
before the recession. The unemployment rate also held steady at 6.3%. Now, the economy needs to create enough jobs for the
additional folks who have joined the labor force since then.
Related: Has your stock portfolio recovered since the financial crisis?

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6/8/14

The stock market loved the jobs report - Jun. 6, 2014

2. Apple slices... Today was the last trading day before Apple's 7-for-1 stock split goes into effect. The stock closed at $645.6
today, down slightly for the day. It will be under $100 when it opens on Monday. The move doesn't change anything about the
company, except making it easier for average investors to buy the stock.
David Ikenberry, a University of Colorado professor who studied stock splits way back in 1995, said stocks that split do tend
to show gains after because the split is taken as a sign that management wants to keep things affordable for smaller investors
so they can get in on the good times.
"When the stock price gets high, the story -- and it's just a story -- the stock price was perceived as expensive and outside the
range of retail investors," he said.
Related: Do you own Apple stock? Do you plan to buy it after the split?
3. Afternoon snacks news: Green Mountain Coffee Roasters (GMCR) shot up 8.4% in late afternoon trading to lead the S&P
500, although a reason hasn't quite emerged. Competitor SodaStream (SODA), which traded pretty evenly throughout the
day, enjoyed a tidy 2% bounce as well.
Diamond Foods (DMND) shares fell about 11%. Diamond, the company behind Emerald Nuts and Pop Secret, is out of favor
with investors after delivering poor earnings and mediocre sales in its quarterly filing yesterday.
4. Stock movers: Bank of America, Amazon, Joy Global: Bank of America (BAC) is on the verge a deal with the Justice
Department that could lead to a $12 billion settlement related to the bank's mortgage banking practice. Investors took this as
a good sign with the stock finishing 1% higher.

Investors like Amazon 3D phone chatter


Amazon (AMZN, Tech30), which is in the midst of a tiff over book publication rights with Hachette, ended Friday up 1.9%.
The stock has rallied since unveiling a YouTube video to tout a new product launch on June 18. It's expected to be a
smartphone with a 3D screen.
5. International markets: European markets did well on Friday, led by a 1.7% rise in Spain, as the ECB's stimulus package
continued to bolster appetite for riskier assets. London's FTSE 100 climbed about 0.7%. The euro slipped slightly against the
dollar.
Asian stocks were mixed. Chinese and Japanese stocks were modestly lower, but India's Sensex is still enjoying its Modimoon,
closing up 1.5%.

First Published: June 6, 2014: 9:54 AM ET

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Sensex, Nifty close at new peaks as markets cheer govts economic agenda - The Hindu
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MUMBAI, June 9,
2014

Updated: June 9, 2014 17:21 IST

Sensex, Nifty close at new peaks as markets cheer


govts economic agenda
PTI

SHARE COMMENT PRINT T+

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Gold hits fresh 10-month low; silver slips
TBZ: BUY
Power-packed future takes PowerGrid
higher
Sensex ends at new closing high of
25,580; Nifty at 7,655
FIIs pump 20,000 cr in debt market in
May, best show in 29 months

In line with bullish sentiment, the BSE Small-cap index gained 2.13 per cent and Mid-cap index rose 1.47 per
cent. File photo

TOPICS
economy, business
and finance
macro economics

PTI

Sensex ends at new closing high of 25,580.21; Nifty settles at its alltime closing peak of 7,654.60

MOST
POPULAR

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COMMENTED

Gold prices likely to drop further


Rupee up 19 paise
Rupee up by 14 paise against dollar

The benchmark Sensex rose for the third straight day and closed 183.75 points
up at new closing peak of 25,580.21 enthused by Narendra Modi-led goverments
investor friendly economic agenda.

Sensex at fresh high of 25,601; Nifty breaches


7,600-level

Bajaj Auto, Coal India and L&T led the 20 Sensex gainers.

Sensex, Nifty close at new peaks as markets cheer


govts economic agenda

market and exchange

Ten of the twelve BSE sectoral indices ended in the green with realty, power, capital goods and
consumer durables notching up the best gains. Investor wealth rose about Rs. 1 lakh crore as over
2,300 stocks rose of the 3,167 traded today on BSE.
Surpassing all previous records, the NSE Nifty crossed the 7,600 points for the first time on continued
fund inflows.
Impressive U.S. jobs report and an upward revision of Japanese economic growth and last weeks ECB
stimulus to boost the eurozone economy, also aided the domestic sentiment.
President Pranab Mukherjee on Monday expressed governments commitment to put India back on
high growth path, while containing inflation and making tax regime non-adversarial.

Sensex climbs to new high

Gold steady, silver rises on industrial buying


Rupee logs first drop in four days to end at 59.20
After 25K, Sensex scales a new peak
Gold, silver rise on global cues

TODAY'S PAPER
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Crossword

Positive remarks from President Pranab Mukherjee in his speech, indicating necessary reforms to be

Archive

http://www.thehindu.com/business/markets/sensex-nifty-close-at-new-peaks-as-markets-cheer-govts-economic-agenda/article6097695.ece#[09-Jun-2014 9:39:13 AM]

Sensex, Nifty close at new peaks as markets cheer govts economic agenda - The Hindu

taken which will be growth oriented, boosted the market sentiment, said Nidhi Saraswat, Senior
Research Analyst, Bonanza Portfolio Ltd.

Obituary

The 30-share BSE index climbed 183.75 points, or 0.72 per cent to close at a new lifetime high of
25,580.21 after hitting an intra-day new record high of 25,644.77. The Sensexs previous closing peak
was 25,396.46 hit on Friday.
GROUP SITES

In three days, Sensex has now gained nearly 775 points.

The Hindu

The NSE Nifty breached the 7,600 mark for the first time and scaled a fresh record high of 7,673.70. It
ended with a gain of 71.20 points, or 0.94 per cent, at a new closing high of 7,654.60 -- breaking
previous record closing of 7,583.40 and intra-day record high of 7,592.70 on last Friday.

Business Line

The Hindu Centre

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FIIs bought shares worth Rs. 1,283.04 crore last Friday, taking investments to nearly Rs. 50,000 crore
this year.
Sectorwise, the BSE Realty index rose by 5.61 per cent, followed by Capital Goods index 2.33 per cent
higher, Power 2.15 per cent, Consumer Durables 1.82 per cent and Metal 1.73 per cent, among others.
In line with bullish sentiment, the BSE Small-cap index gained 2.13 per cent and Mid-cap index rose
1.47 per cent.
Stocks of infrastructure sector companies, led by 3.51 per cent surge in Larsen and Toubro, were
among prominent gainers. Punj Lloyd zoomed 8.56 per cent, Welspun Corp 5.43 per cent and Suzlon
4.95 per cent.
Keywords: sensex, BSE, NSE, nifty, Indian stock market
Post Comment
RELATED NEWS

Modi govt promises policies to push growth, create jobs JUNE 9, 2014
Government to rationalise, simplify tax regime JUNE 9, 2014
Sensex rises 184 points to end at new closing high of 25,580.21; Nifty surges 71 points to
settle at its all-time closing peak of 7,654.60 JUNE 9, 2014
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http://www.thehindu.com/business/markets/sensex-nifty-close-at-new-peaks-as-markets-cheer-govts-economic-agenda/article6097695.ece#[09-Jun-2014 9:39:13 AM]

6/15/14

Nifty breaches 7,700 mark, Sensex at new high on fund inflows The Indian Republic

The Indian Republic / Business / India / Nift y breaches 7 ,7 00 mark, Sensex at new high on fund
inflows

Nifty breaches 7,700 mark, Sensex at new high on fund


inflows
Wednesday , 1 1 June 2 01 4 1 2 :3 8

Mum bai

Leav e a reply

Tweet
The NSE index Nifty today crossed the 7,700 level
for the first time and the BSE Sensex hit yet another
record high of 25,735.87 led by a rally in IT, auto
banking and pharma stocks on sustained inflow of
foreign capital.
The 50-issue Nifty crossed the 7,700 level for the
first time by gaining 43.65 points, or 0.57 per cent, to
trade at an all-time high of 7,700.05, surpassing its
previous intra-day high of 7,683.20 touched yesterday.
Brokers said sentiment was upbeat on sustained capital inflows and widespread buying by retail investors
after the new government unveiled its agenda for economic reforms.
Software services exporter Infosys rallied by 4.66 per cent to Rs 3,218.40, Tata Consultancy Services,
countrys top software exporter, climbed 1.27 per cent to Rs 2,185.60 and Wipro jumped by 1.23 per
cent to Rs 531.45.
MORE
IN cent
BUSINESS,
Among banking stocks, SBI surged 2.11 per cent to Rs 2,722.10 and Kotak Bank rose 2.61
per
to RsINDIA

923.55.

Bengal Rec
in Fiscal 20

In the pharma sector, Sun Pharma jumped 1.07 per cent to Rs 615.50, Cipla gained 1.77 per cent to Rs
West Bengal received
414.80 and Lupin by 1.52 per cent to Rs 991.05.
amounting to Rs.28,3
minister said Tuesda
Further, a mixed trends on the other Asian bourses influenced the trading sentiments here, they said.
www.theindianrepublic.com/business/nifty-breaches-7700-mark-sensex-new-high-fund-inflows-100039383.html

1/6

6/15/14

Nifty breaches 7,700 mark, Sensex at new high on fund inflows The Indian Republic

The benchmark BSE Sensex too climbed 152.18 points, or 0.59 per cent, to trade at new record high of
25,735.87, breaking its previous record high of 25,711.11 reached in yesterdays trade.
Among other Asian markets, Hong Kongs Hang Seng index was down 0.35 per cent while Japans Nikkei
was up by 0.39 per cent.
News Source: PTI
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Dow Leads Markets Lower as Heavyweights Slide | Fox Business


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Stocks: Friday the 13th bounce - Jun. 13, 2014

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Stocks: Friday the 13th bounce


By Jesse Solomon @JesseSolomonCNN June 13, 2014: 4:35 PM ET

Click the chart for more markets data.

55

55

TOTAL SHARES

NEW YORK (CNNMoney)

For a summer Friday, markets were in a feisty mood. From Iraq to Priceline, there was a lot for investors to weigh, but stocks
finished up.
Here are the 5 big themes to follow:
1. Don't get spooked by Friday the 13th: Wall Street isn't too superstitious when it comes to Friday the 13th. At least in June.
Including today, stocks have risen on 11 of the last 13 occasions when Friday the 13th occurred during the month of June since
1928, according to S&P Dow Jones Indices.
To that end, the Dow, S&P 500, and Nasdaq all rose Friday with the Dow up 0.25%.The results weren't as stellar for the week.
All three indices ended the week down with the Dow 0.88% lower.
2. Priceline names a price and others follow: Priceline (PCLN, Tech30) said it was buying restaurant reservations site
OpenTable (OPEN) for $2.6 billion. Shares of OpenTable skyrocketed over almost 50%, trading over the $104 a share sale
price, while Priceline fell.
"$PCLN Stopped out of my position. Will reconsider when $OPEN Deal is scrutinized and fully digested." said AskLou on
StockTwits.
Other internet stocks catering to local businesses soared on the news as well, including Yelp (YELP), Groupon (GRPN), and
GrubHub (GRUB).
Related: Fear & Greed Index still shows extreme greed

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1/3

6/13/14

Stocks: Friday the 13th bounce - Jun. 13, 2014

3. Stock movers -- Citi, Intel, HP: Citigroup (C) shares slid after reports that the Justice Department is seeking a $10 billion
settlement from the bank over its role in selling mortgage-backed bonds in the lead up to the financial crisis.
"$C have to wonder when the 'throw in the towel' moment is for most investors," said StockTwits trader HighNeg007. The
stock is down around 9% in 2014 and earlier in the year had its plan to increase its dividend and launch a share buyback
program rejected by the Federal Reserve.
Intel (INTC, Tech30) powered forward by almost 7% after the company announced a more positive outlook for the second
quarter. Business PC purchases are picking up, according to Intel. PC-maker Hewlett-Packard (HPQ, Tech30) and Microsoft
(MSFT, Tech30) got a nice boost as well.
Investors were also keeping an eye on DreamWorks (DWA), which releases the second installment of its widely popular "How
to Train Your Dragon" saga over the weekend. The media company is hoping a good box office showing for that film will make
up for the less-than-stellar performance of its "Mr. Peabody and Sherman" earlier this year.

Nightmare over for DreamWorks?


DreamWorks shares have gotten a lift in the past month, but they slid Friday and are still down by 23% for the year.
Related: Summer blockbusters impact stocks
4. Iraq back on investors' minds: Investors remained calm as President Obama spoke about the instability in Iraq Friday and
said America would not send troops. Stocks barely moved on the president's remarks, but oil and gold crept up slightly. Crude
oil prices are trading at nine-month highs, pushing higher to almost $107 per barrel.
Large areas of the country have been overrun by militants, raising fears that oil production and exports could be hit. Oil prices
jumped over 4% this week to levels not seen since last September.
Related: Oil prices spike as Iraq violence flares
Gold prices rose slightly to over $1,277 per ounce, following their rally Thursday of over $10. Gold tends to rise in turbulent
times as investors seek safe havens.
Elsewhere on the worry front a key measure of inflation, the Producer Price Index, unexpectedly fell in May, raising concerns
about slower growth in the U.S.
5. Rate hike across the pond?: Investors have remained confident that central banks will keep rates low for some time, but
that is now being called into question.
On Thursday, the head of the Bank of England said that U.K. interest rates could rise sooner than markets expect. That could
mean a rate rise as early as the end of 2014. The pound climbed against the dollar to its highest level in years on the
announcement.
Steven Englander, managing director at CitiFX, said the warning would turn the spotlight back on policymakers at the U.S.
Federal Reserve.

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Stocks: Friday the 13th bounce - Jun. 13, 2014

"Investors [will] look to next week's Federal Open Market Committee [meeting] as a guide to whether the Fed sees itself
beginning the road to normalizing policy or engaged in an ongoing effort to avoid normalization for as long as possible," he
said.
In Asia, the Bank of Japan kept its monetary policy unchanged.
Related: CNNMoney's Tech30
More International action: European markets finished mostly lower, while Asian markets ended with mixed results. India's
market dropped this week, although it is still a top performer for the year -- up over 19%.
Brazil's Bovespa Index was on a tear all week -- up nearly 4% as of yesterday as the World Cup kicked off, but the index dipped
Friday as protests continue to rock the country.

First Published: June 13, 2014: 10:02 AM ET

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S&P 500 Logs Ninth-Straight Monday Advance | Fox Business


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By Adam Samson / Pub lished June 16, 2014 / FOXBusiness

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INTEL CORP.

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The National Association of Home Builders sentiment index climbed


to 49 in June, beating estimates of 47, and higher than the reading of
45 in May. The measure is the highest since January.
The International Monetary Fund also pared down its 2014 U.S. GDP
forecast to an annual rate of 2% from 2.8% earlier.
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Thanks, Yellen! Stocks close at record - Jun. 18, 2014

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Thanks, Yellen! Stocks close at record


By Jesse Solomon @JesseSolomonCNN June 18, 2014: 4:18 PM ET

Click the chart for more markets data.

69

69

TOTAL SHARES

NEW YORK (CNNMoney)

Stocks are continuing their record run and for today at least, you can thank the Fed for that.
The central bank said Wednesday that interest rates aren't expected to rise until 2015.
Investors love that message. The S&P 500 closed at a record high of 1,957 while the Dow jumped almost 100 points (0.58%).
The Nasdaq also bounced to finish at its highest level in 14 years. Stocks were down most of the day prior to the Fed news.
"$SPY $DJIA $QQQ Is it just me or is Janet just answering exactly what they want to hear," said StockTwits trader
IPOChaser.
Here are five key themes from the market today:
1. Fed taper and dot plot: As expect, the Fed said Wednesday that it will cut its monthly bond purchases by another $10 billion
per month and keep its key federal funds rate near zero.
The key question for investors is whether the Federal Reserve is likely to raise interest rates by the end of the year or wait until
2015. To that end, the Fed soothed worries when it released its "dot plot," the Fed's version of a straw poll of its board
members views on interest rates. The latest dot plot showed all Fed members except one (there's always one) believe interest
rates will remain the same through the end of 2014.
In a press conference this afternoon, Fed Chair Janet Yellen maintained that interests rates would remain low even after the
Fed completely winds down its stimulus, but she didn't nail down any more details, saying "there's no mechanical formula" for
rate increases.

money.cnn.com/2014/06/18/investing/stocks-markets/index.html

1/3

6/18/14

Thanks, Yellen! Stocks close at record - Jun. 18, 2014

Related: Fear & Greed Index still extremely greedy


2. Another strong day for tech -- Amazon, BlackBerry, Adobe: Amazon (AMZN, Tech30) CEO Jeff Bezos unveiled the Fire
Phone, the tech giant's first smartphone, which includes a 3-D component, at an event near the company's Seattle
headquarters Wednesday. The stock got 2.7% boost.
Related: Amazon unveils 3-D Fire Phone
Also related to Amazon, BlackBerry (BBRY, Tech30) shares popped over 3% after the struggling smartphone maker
announced that the Amazon Appstore will be available on its new operating system that's launching in the fall. The move
significantly expands the number of apps available to Blackberry users.
But one StockTwits trader was skeptical.
"$BBRY BB apps on Amazon, what a joke! as though that will help BB's business," said Day_Trader_1.
BlackBerry is in the midst of trying to execute a turnaround, and lately, investors have been pleased. The stock is up 14% in the
past month, though it is still down nearly 45% for the past year.
Related: Meow! BlackBerry has more lives than a cat
Adobe (ADBE) spiked over 8% after reporting better-than-expected quarterly results Tuesday evening. The company, which is
behind the popular Photoshop software, said revenue in the period was driven by the acceleration of its cloud business.

Adobe soars on 'cloud'-y outlook


"$ADBE Makes me smile brighter than the sun, cloud computing rules it today," said indoor47 on Stocktwits.
3. Other movers and shakers -- FedEx, ConAgra: FedEx (FDX) has finally stopped blaming the weather. The company released
strong earnings Wednesday and shares got a nice lift of over 6%. Last quarter, FedEx claimed that its operating income would
have been $125 million higher if not for the unusually harsh winter weather earlier this year.
Related: FedEx says things are looking up for the economy and deliveries
ConAgra Foods (CAG) shares took a nose dive of 7% after the company cut its profit outlook for the three months ending in
May, citing challenges from some of its retail brands, including Chef Boyardee.
4. Iraq still violent, but markets less nervous: Tom Elliot, international strategist at the deVere Group financial consultancy,
said markets were remarkably "placid" in the face of violent upheaval in Iraq.
He said that investors "no longer have to jump up and down with worry and fear every time an oil field in the Middle East
changes hands" because the U.S. is less dependent on foreign oil thanks to the energy boom.
Related: Energy company stocks at record highs because of Iraq, Russia turmoil

money.cnn.com/2014/06/18/investing/stocks-markets/index.html

2/3

6/18/14

Thanks, Yellen! Stocks close at record - Jun. 18, 2014

To that end oil markets have leveled off since jumping initially in the face of Iraq tensions. Crude oil is still trading at $106 a
barrel. Gold, often seen as a safe haven in times of turmoil, is off its highs from the end of last week as well when the crisis first
grabbed headlines.
5. International markets: European stock markets finished mixed.
Russia's main index rose almost 1.5% after Russian President Vladimir Putin and Ukrainian President Petro Poroshenko
discussed the possibility of a ceasefire in eastern Ukraine. The ruble made similar gains versus the U.S. dollar.
Asian markets ended with mixed results. The Nikkei in Japan rose by nearly 1%, but markets in India and China were in
negative territory.
Investors will continue to watch Argentinian markets, since many fear the country could be close to defaulting on its debt. The
Argentine stock market has rebounded strongly the past two days.

First Published: June 18, 2014: 9:52 AM ET

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The Commerce Department said orders for long-lasting goods

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dropped 1% in May, while Wall Street expected orders to remain

Morning Biz Outlook

unchanged from the month prior. Excluding the transportation


component, orders fell 0.1% compared to a 0.4% gain economists
anticipated.
Elsewhere, U.S. crude oil futures rose 42 cents, or 0.4%, to $106.45 a
barrel. Wholesale New York Harbor gasoline dipped 0.66% to $3.105

Morning Business Outlook: 6/25/14

a gallon. Gold slumped $6.40, or 0.48%, to $1,315 a troy ounce.

Mid-Market Report: Taubm an Buying Starw ood


Malls
Week Starts w ith Handful of Deals in Mid-Market
Arena

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Sensex surges 104 points on Budget hopes - The Hindu

Today's Paper Archive ePaper eBooks Classifieds Subscriptions Mobile Apps Social

Business Budget
Published: July 1, 2014 10:14 IST | Updated: July 1, 2014 10:14 IST

Sensex surges 104 points on Budget hopes


PTI

Continuing its upward journey for the third straight session, the benchmark BSE Sensex spurted by nearly 104 points
in early trade on Tuesday on sustained fund inflows on hopes of strong economic measures in the upcoming Union
Budget.
The 30-share Sensex zoomed by 103.87 points, or 0.41 per cent, to trade at 25,517.65 with metals, realty, PSU and oil
and gas sector stocks leading the rise. The gauge had rallied by over 351.11 points in the past two sessions.
On the similar lines, the 50-share NSE Nifty also gained 28.15 points, or 0.37 per cent, to 7,639.50.
Buying activity picked up in oil marketing company stocks following a hike in petrol and diesel prices as the crisis in
Iraq spooked international oil and currency markets.
HPCL rose 0.99 per cent to Rs. 420.05, BPCL up 0.51 per cent to Rs. 602.40 and Indian Oil Corp up by 1.64 per cent
to Rs. 350.80.
Brokers said sentiments remained bullish following sustained capital inflows by
foreign funds and widespread buying by retail investors on optimism over the first
Budget of the Narendra Modi-led government.
Stocks of power, capital goods, infrastructure and banking sectors continued to
remain buyers fancy on hopes of strong reforms for these sectors in the forthcoming
Budget.
Further, a firming trend in other Asian markets after data showed Chinese
manufacturing activity picking up last month buoyed the trading sentiments here,
they said.

On the similar
lines, the 50-share
NSE Nifty also
gained 28.15
points

Among other Asian markets, Japans Nikkei gained 1.35 per cent in early trade on Tuesday, while financial markets in
Hong Kong are closed for public holiday.
The U.S. Dow Jones Industrial Average ended 0.15 per cent lower in Mondays trade.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges
Printable version | Jul 2, 2014 6:06:44 PM | http://www.thehindu.com/business/budget/sensex-surges-104-pointson-budget-hopes/article6165994.ece
The Hindu

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This is a big asset allocation on the backdrop of benign data, he

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By early fall, the situation was grave. The U.S. government placed
mortgage behemoths Fannie Mae and Freddie Mac under

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conservatorship on Sept. 7. A mere eight days later, Bank of America


(BAC) controversially scooped up hemorrhaging Merrill Lynch for $50
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At the same time, the Reserve Primary Money Fund infamously


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money-market fund, an investment thats perceived to be almost as
safe as cash, suddenly saw their funds shrink to less than a dollar on
every dollar invested.
There were headlines every hour on the hour, recalled Bob Doll, who
was then Chief Investment Officer of Global Equities at BlackRock,
the worlds biggest money manager with trillions of dollars in client
assets under management. The financial system as we know it
almost fell apart.
In the frenetic weeks that followed, the situation only deteriorated.
Goldman Sachs (GS) and Morgan Stanley (MS) converted into bank
holding companies to make it easier for the Fed to provide them with
more liquidity. The Federal Deposit Insurance Corporation helped
devise buyout deals to keep Washington Mutual and Wachovia, the
nations biggest thrifts, from collapsing. The Treasury Department,
FDIC and Fed stepped in to give Citigroup (C) a rescue package.
Eventually, a great many banks would tap the Treasury Departments
Troubled Asset Relief Program for $245 billion in emergency capital.
Treasury used the same program to prop up General Motors (GM)
and Chrysler -- two of the Big Three U.S. automakers -- as part of an
$82 billion investment of the auto industry.
In December 2008, the Fed sliced short-term rates to a range of 0%
to 0.25% -- a historic and dramatic move aimed at salvaging the
financial system.
Main Street Investors Pummeled by Wall Streets Woes
The intense turbulence in the financial markets, of course, ricocheted
straight to Main Street USA.

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I think retail clients may not have understood everything that was
going on, but sensed there was a real crisis. Some of that sense was
brought home to them when money market funds broke the buck,
recalled David Joy, chief market strategist at Ameriprise Financial
(AMP), which sports $783 billion in assets under management and
administration.
It wouldnt take more than a glance at the Wall Street Journal to
realize there was intense trouble. The Dow Jones Industrial Average -perhaps the most famous market barometer -- hit a closing high of
14164.53 in October 2007. By the end of 2008, the blue-chip average
had nose-dived 5388.14 points to 8776.39. The broader economy
also skidded into a deep recession, with gross domestic product
shrinking at an annual rate of 8.3% in the fourth quarter.
And the bleeding didnt stop there.
People were deer in the headlights. Some were concerned, some
were scared, some, because theyre trained, asked is this an
opportunity, Doll, now chief market strategist at Nuveen Asset
Management, said of clients varied sentiment at the time.
Investors, large and small, were shedding stocks at an incredible clip,
with many preferring the safety of cash or Treasury bonds. In fact,
between January 2008 and March 2009, investors yanked a
whopping $161.9 billion from equity mutual funds, according to data
from the Investment Company Institute.
On March 9, 2009, the Dow careened to its bear-market low of
6547.05, representing a crash of 7617.48 points, or 53.8%, from its
2007 highs. Fear was running high, with the CBOEs VIX, a measure
of implied volatility, trading at 49.68 (still an improvement from the
record closing high of 80.86 notched in November 2008).
Naturally, skittish clients asked Doll a whole range of questions: Are
we going to have a depression? Is the system going to make it? Are
the markets going to make it?
They were right to be nervous.
A portfolio made up of 10 shares of the popular SPDR S&P 500
exchange-traded fund (SPY) -- an investment vehicle that provides
exposure to a broad swath of large-capitalization U.S. stocks -- would
have been worth $1,564.80 at the Oct. 9, 2007 bull-market high. The
value of that same group of holdings plummeted $883.70, or 56.5%,
to $681.10 by the time Wall Street bottomed to its bear-market low on
March 9, 2009.

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The advice Doll and Joy -- two asset-management veterans -- gave to


clients at the time was fairly similar: Hang in there, because light
always eventually makes its way through even the thickest clouds.
The first thing we tried to do was make sure our clients had access to
liquidity, and hold their hands to figure out what was going on and find
out if the policy response was appropriate and likely to succeed and
(encourage them) not to make emotional decisions, Joy recalled,
noting Ameriprise even tapped its own capital reserves to provide
clients liquidity when money-market funds ran into trouble.
We generally had faith the financial system would stabilize.
Echoing that sentiment, Doll said the advice (at the time) was the
central government has lots of firepower that can be used to support
the economy.
Indeed, under the leadership of Ben Bernanke, the Fed launched a
series of unprecedented moves aimed at pulling the worlds biggest
economy out of what many economists say could have been an even
deeper recession or even a depression. In addition to ultra-low shortterm rates, the Fed unleashed several rounds on bond purchases to
put pressure on longer-term rates and support the housing market,
and utilized other unorthodox tools to buttress ailing banks. Other
government agencies, notably Treasury and the FDIC, also played
important roles.
A New Wall Street Emerges
Fast-forward five years since Wall Street hit rock bottom and the
world is a different, although certainly still perilous, place.
Employment, as measured by the Labor Department, finally returned
to pre-crisis levels in May, while the jobless rate hit its lowest level
since September 2008 in June. Auto-industry sales are running at the
highest rate since 2006. The U.S. economy, despite a tough first
quarter, is expected to grow at an annual pace of at least 3% this
year. And the VIX is at its lowest level since 2007.
As the economy improves, and the financial system heals, the Fed is
slowly beginning its exit from the massive easing program. Indeed,
economists are even beginning to question whether the central bank
will begin hiking rates sooner than expected, given the better-thanexpected jobs gains of late.
Perhaps most impressive of all, the Dow on Thursday rallied to the
17000 level for the first time ever. That represents a once
unfathomable 10452.95-point, or 159.7%, surge from bear-market
lows. It also signifies a solid 2835.47-point, or 20%, advance from the
2007 bull-market highs.

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That portfolio made up of ten shares of the SPDR S&P 500 ETF is
now worth $1,978.50, as the S&P 500 rallies to new record highs.
That represents a whopping $1,297.40, or 191%, advance from the
bear-market lows. More importantly, though, given even the best stock
pickers historically arent great at calling market bottoms, the portfolio
is up $413.70, or 26.4%, from the bear-market highs reached in
2007.
The moral if the story is even when the going gets tough -- really tough
-- its often better to hang in there even if it means some temporary
losses on paper.
Follow Adam Samson on Twitter @adamsamson.
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7/5/2014

Stocks rise 138 points - The Hindu

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Business Markets
Published: July 4, 2014 22:57 IST | Updated: July 4, 2014 22:58 IST

Stocks rise 138 points


Special Correspondent

The benchmark Bombay Stock Exchange (BSE) 30-share Sensitive Index (Sensex) closed 25,962.06, with a gain of 138.31 points or
0.54 per cent.

Expectations of a growth-oriented budget, to be announced next week, saw indices rise smartly on Friday.Market
participants and institutions alike will be watching keenly, and hopes are high of a positive, forward thinking budget.
The benchmark Bombay Stock Exchange (BSE) 30-share Sensitive Index (Sensex) closed 25,962.06, with a gain of
138.31 points or 0.54 per cent. A broader, BSE100 was up by 0.43 per cent.
Meanwhile, the rupee closed at 59.72 to a dollar compared to 59.73 on Thursday. While the mid-cap stocks were up
by 0.58 per cent, the small cap stocks surged by 0.85 per cent.
On the National Stock Exchange, the 50-share nifty gained 36.80 points or 0.48 per cent to close at 7,751.60.
Market is looking pretty interesting ahead of budget. The Prime Minister is also indicating privatisation of the
Railways. It is a big time opportunity for Indian industries and entrepreneurs, said Deven Choksey, Managing
Director, K.R. Choksey Share and Securities.
We believe this budget will be largely growth-oriented, said Mr. Choksey, adding that, it will provide fiscal
consolidation and the roadmap thereon.
The market is expected to remain in the positive direction, and medium-term to long-term, the growth will be at a
faster rate now, Mr. Choksey added.
The market is expected to be buoyant after a possible path-breaking budget. The government has already taken some
tough decisions and this policy tenor is expected to be maintained in the budget as well, said India Equity Strategy
report of Deutsche Bank. FII flows continued unabated in June with foreign investors pumping into equity and debt.
Equity inflows into India were higher than most Asian emerging market peers, except for Taiwan.
Several investors are awaiting budget announcements before making capital commitment to India. We believe the
Finance Minister will present a path-breaking budget, encouraging FII investors to continue investing in India, the
report added.
Keywords: Sensex, BSE, Nifty, NSE, India stock markets
Printable version | Jul 5, 2014 7:07:25 PM | http://www.thehindu.com/business/markets/stocks-rise-138points/article6178051.ece
The Hindu

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1/2

7/14/2014

Sensex breaches 26,000-mark; Nifty at record-high of 7,787.95 - The Hindu

Business Markets
Published: July 7, 2014 10:12 IST | Updated: July 7, 2014 10:20 IST

Sensex breaches 26,000-mark; Nifty at record-high of 7,787.95


PTI

In this file photo a security guard puts a bracket at the Bombay Stock Exchange, in Mumbai. Stocks of infrastructure, IT, power, capital
goods, auto and realty sectors, lead the rally on Monday. Photo: Paul Noronha

The Hindu

The benchmark BSE Sensex crossed the 26,000-mark for the first time and the NSE Nifty soared to hit yet another
high of 7,787.95 in opening trade on Monday on the back of strong inflow of foreign funds ahead of the Budget.
The BSE 30-share barometer spurted by 137.29 points, or 0.52 per cent, to trade at a lifetime high of 26,099.35 with
stocks of infrastructure, IT, power, capital goods, auto and realty sectors, leading the rally. The gauge had gained
138.31 points in the previous session.
The NSE Nifty also maintained its record-breaking trend and gathered another 36.35 points, or 0.46 per cent, to hit a
new all-time high of 7,787.95 points, surpassing its previous intra-day high of 7,758.00, touched in Fridays trade.
Brokers said sentiments remained extremely bullish on continued buying by foreign funds and retail investors on
expectations of a growth-oriented Budget that lifted the key indices to new highs.
Beginning of earnings season later this week also influenced the trading, they added.
Among the 30-Sensex stocks L&T, NTPC, Infosys, TCS, Wipro, Tata Power, Hindalco, Tata Steel, Sesa Sterlite, Tata
Motors, Bajaj Auto, Hero MotoCorp, SBI, ICICI Bank, Dr Reddys and Cipla were the major gainers during the initial
trade.
Among other Asian markets, Hong Kongs Hang Seng gained 0.15 per cent, while Japans Nikkei fell 0.02 per cent in
early trade on Monday.
The U.S. markets remained closed on Friday.
Keywords: sensex, BSE, NSE, nifty, Indian stock market
Printable version | Jul 14, 2014 5:03:52 PM | http://www.thehindu.com/business/markets/sensex- View Comment (1)
breaches-26000mark-nifty-at-recordhigh-of-778795/article6185056.ece
The Hindu
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7/9/2014

Markets Jump on Dovish Fed Minutes | Fox Business


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The market opened higher and remained modestly higher throughout

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the day. Stocks climbed further after the Federal Reserve released

minutes from its latest policy meeting in June.


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The biggest gainer in the Standard & Poor's 500 index was Alcoa.

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The aluminum giant's earnings, which investors consider to be the

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stupid!

above Wall Street's expectations. Alcoa earned $138 million, or 18


cents a share, compared with analysts' estimates of 12 cents a share,
Nursing Home Nags

according to FactSet. Alcoa rose 84 cents, or 6 percent, to $15.69.

Heir in Debt
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As companies begin reporting their second-quarter results, investors


will be looking for signs that the strengthening U.S. economy has
translated into higher sales and profits. Analysts expect earnings

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Markets Jump on Dovish Fed Minutes | Fox Business

"Stocks are not cheap, and we need to be assured that these

What's this?

companies' growth is going to continue," said Quincy Krosby, market

Morning Biz Outlook

strategist with Prudential Financial.


7-Eleven Dishing Out Freebies
More Am ericans Cutting Phone Cords

The next big name to report will be the major U.S. bank Wells Fargo,
which reports Friday. The bank is one of the country's biggest

MOST POPULAR STOCKS

mortgage lenders, and investors will be looking for Wells' outlook on


the housing market.
"I'm looking for a good, but not a great, earnings season," said
Michael Fredericks, portfolio manager of the Multi-Asset Income Fund
at BlackRock. "We really need to see the guidance from companies,

AAPL

+0.04%

APPLE INC.

Jul 9

+1.87%

FORD MOTOR CO...

Jul 9

+0.25%

AT&T INC.

Jul 9

if management teams are as upbeat as the market."


The Dow Jones industrial average rose 78.99 points, or 0.5 percent,
to 16,985.61. The S&P 500 index rose 9.12 points, or 0.5 percent, to
1,972.83 and the Nasdaq composite rose 27.57 points, or 0.6

BAC

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BANK OF AMERI...

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percent, to 4,419.03.
The market kept up its positive momentum following the latest report
from the Federal Reserve.
Policymakers at the Fed have come up with a rough timetable for
when the central bank's bond-buying program will wind down,
according to minutes from the bank's most recent meeting. They
generally agreed that the program will end in October, if the economy
continues to improve at this pace, with a $15 billion reduction in
monthly bond purchases.
The Fed is currently buying $45 billion a month in bonds and has been
cutting back by $10 billion a month at each meeting since December.
The program is designed to keep interest rates low to stimulate
borrowing and economic activity.
The bond market turned higher after the Fed's announcement. The
yield on the 10-year U.S. Treasury note fell to 2.55 percent from 2.56
percent Tuesday, a reversal from earlier in the day, when yields were
2.58 percent. Bond yields fall when prices rise.
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7/14/2014

Sensex rebounds 167 points in early trade - The Hindu

Business Markets
Published: July 11, 2014 10:04 IST | Updated: July 11, 2014 10:04 IST

Sensex rebounds 167 points in early trade


PTI

After three sessions of losses, the benchmark BSE Sensex staged a strong comeback to trade 167 points higher in early
trade on Friday, following gains in IT stocks, after Infosys reported a rise of 21.6 per cent in Q1 net profit at Rs 2,886
crore.
Besides, expectations of encouraging IIP data for May to be released later in the day, also supported the upside.
Brokers said a slew of measures proposed in the Union Budget to revive economic growth and investor confidence also
influenced the sentiments.
The 30-share index recovered by 167.57 points, or 0.66 per cent, to 25,540.32, with stocks of realty, IT, tech, capital
goods, auto and power sectors, leading the recovery.
The gauge had lost 727.33 points in the previous three sessions.
Similarly, the National Stock Exchange index Nifty edged higher by 40.25 points, or 0.53 per cent, to 7,608.00.
Infosys shares move northwards
Shares of Infosys rallied 3.07 per cent to Rs 3,394.15 in early trade.
Other IT stocks which also gained were TCS (up 1.81 per cent to Rs 2,390.30) and Wipro (up 1.61 per cent to Rs
553.55).
Besides, major gainers that supported the Sensex were Tata Motors, Bajaj Auto, Axis Bank, Dr Reddys Lab, Maruti
Suzuki, Hero MotorCorp, L&T, and Sun Pharma.
Among other Asian markets, Japans Nikkei fell 0.75 per cent while Hong Kongs Hang Seng shed 0.36 per cent in
morning trade today.
The US Dow Jones Industrial Average ended 0.42 per cent lower in yesterdays trade as fears over eurozone debt
resurfaced with a payment crisis at Portugals biggest listed bank.
Keywords: Sensex, early trade, Indian stock markets, budget reactions
Printable version | Jul 14, 2014 5:02:01 PM | http://www.thehindu.com/business/markets/sensex-rebounds-167points-in-early-trade/article6199419.ece
The Hindu

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7/14/2014

Wall Street Jumps on Solid Citi Earnings | Fox Business

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7/14/2014

Wall Street Jumps on Solid Citi Earnings | Fox Business

"Investors are saying if this Portugal thing really isn't significant from

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an impact standpoint, and the earnings are coming in good ... stocks

Morning Biz Outlook

ought to be going higher," said Phil Orlando, chief equity strategist at


Federated Investments.
The major indexes rose in premarket trading as investors digested
Citigroup's earnings. They opened in the green and held steady
through the entire session.

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1,977.10. The index is down 0.4 percent from its most recent all-time
high of 1,985.44 set July 3.
Nine of the 10 sectors in the S&P 500 rose, led by energy stocks.
Utilities fell the most.
The Dow Jones industrial average added 111.61 points, or 0.7

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percent, to 17,055.42. The Dow is down slightly from its July 3 record
of 17,068.65.
The Nasdaq composite gained 24.93 points, or 0.6 percent, to
4,440.42.
The three stock indexes are all up for the year.
The yield on the 10-year Treasury note rose to 2.54 percent from 2.52
percent late Friday.
With the market trading near all-time highs, investors will be focused
this week on a large number of corporate earnings, including quarterly
reports from General Electric, Google, Bank of America and Johnson
& Johnson.
So far investors like what they see.
"We got started off with a very good report out of Citibank this
morning," Orlando said. "And economic news this week retail
sales, capacity utilization, housing data, confidence data is all
supposed to be pretty good."
Citigroup rose $1.42, or 3 percent, to $48.42.
Several other big investment banks also rose. Morgan Stanley added
40 cents, or 1.3 percent, to $31.81, while Goldman Sachs rose $2.20,
or 1.3 percent, to $167. JPMorgan Chase climbed 49 cents, or 0.9
percent, to $56.29.
Recent data point to an improving U.S. economy after a slow start this
year.

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7/14/2014

Wall Street Jumps on Solid Citi Earnings | Fox Business

Employers added 288,000 jobs last month, the fifth straight month of
gains above 200,000. And the national unemployment rate slid to 6.1
percent, a 5 1/2-year low.
More people with jobs means more paychecks, which could boost
consumer spending and growth.
"You're starting to stack up some fairly impressive jobs numbers,"
said Liz Ann Sonders, chief investment strategist at Charles Schwab
& Co. "There's a lot of momentum to this market."
That momentum is helping drive corporate deals. On Monday, generic
drugmaker Mylan said it agreed to buy Abbott Laboratories' genericdrug business in developed markets for $5.3 billion. Mylan's stock
added $1.04, or 2.1 percent, to $51.24, while shares of Abbott gained
52 cents, or 1.3 percent, to $41.82.
Meanwhile, Kindred Healthcare said it would pay $16 per share to
buy up to a 14.9 percent stake in Gentiva Health Services. That's just
short of the 15 percent limit imposed by a shareholder rights plan that
Gentiva's board adopted earlier this year. Kindred climbed 36 cents,
or 1.5 percent, to $24.74, while Gentiva gained 39 cents, or 2.5
percent, to $16.21.
In other deal news, Kodiak Oil & Gas agreed to sell itself to Whiting
Petroleum in an all-stock deal. Kodiak rose 68 cents, or 4.8 percent,
to $14.91. Whiting jumped $6.04, or 7.7 percent, to $84.58.
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Stocks Jump on Earnings, Corporate Deal News | Fox Business

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"It's a continuation of what we've really been seeing this year, and it's

but congressman

almost a record amount of (mergers and acquisitions) going on," said

accuses agency of
'hiding' numbers

David Chalupnik, head of equities at Nuveen Asset Management.


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7/16/2014

Stocks Jump on Earnings, Corporate Deal News | Fox Business

Momentum from Intel's strong second-quarter earnings late Tuesday

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and news that Apple and IBM are teaming up to sell more iPhones

Morning Biz Outlook

and iPads to corporate customers helped lift major stock indexes in


premarket trading.
The disclosure by Rupert Murdoch's Twenty-First Century Fox that it
had made a bid for Time Warner last month added to the modest
rally.

Morning Business Outlook: 7/16


Know Before the Bell: Car Hackers and FritoLay's Flavor Contest

Investors also got a dose of good news about housing. A key index of

Mid-Market Report: M&A Grow th Slow s in June

U.S. homebuilders' confidence in the housing market surged to its


highest level since January and indicated that builders are more

MOST POPULAR STOCKS

optimistic about selling homes in the second half of the year.


The major stock indexes opened slightly higher, led by the tech-heavy
Nasdaq, and remained in positive territory the rest of the day.
All told, the Standard & Poor's 500 index gained 8.29 points, or 0.4
percent, to 1,981.57. The index remains near its most recent all-time
high of 1,985.44 set July 3.
The Dow added 77.52 points, or 0.5 percent, to 17,138.20. That's up
0.4 percent from its previous record high of 17,068.65 set July 3.

AAPL

-0.57%

APPLE INC.

Jul 16

+1.48%

FORD MOTOR CO...

Jul 16

BAC

-1.90%

BANK OF AMERI...

Jul 16

GE

+1.54%

GENERAL ELECT...

Jul 16

IBM

+2.05%

INTERNATIONAL...

Jul 16

94.78
4:00 PM

17.80
4:00 PM

15.51
4:05 PM

27.02
4:00 PM

192.36
4:01 PM

The Nasdaq composite rose 9.58 points, or 0.2 percent, to 4,425.97.


The three stock indexes are all up for the year.
Bond prices were little changed. The yield on the 10-year Treasury
note dipped to 2.53 percent from 2.55 percent late Tuesday.
Cheap financing and a tough global economy have made acquisitions
an attractive option for companies to expand their business.
The value of U.S. corporate deals has surged 80 percent to $1.02
trillion so far this year from $563 billion in the same period a year ago,
according to Dealogic.
Fox's bid for Time Warner aims to counter consolidation among TV
distributors.
While Time Warner rejected Fox's roughly $76 billion cash-and-stock
offer, some financial analysts anticipate Fox will try again. Investors
appeared to agree, sending Time Warner's stock up $12.12 to
$83.13 on Wednesday. Twenty-First Century Fox fell $2.19, or 6.2
percent, to $33.

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2/4

7/16/2014

Stocks Jump on Earnings, Corporate Deal News | Fox Business

Meanwhile, International Game Technology vaulted 9.2 percent on


news the slot machine maker has agreed to be sold to Italian lottery
operator Gtech for $4.7 billion in cash and stock. International Game
Technology added $1.42 to $16.92.
"Historically a lot of M&A doesn't work out, so it will be interesting to
see how a lot of these deals play out three years from now," Chalupnik
said.
Apart from corporate deals, investors had their eye on earnings.
"We've seen some pretty good earnings reports across different
sectors," said Dave Roda, regional chief investment officer for Wells
Fargo Private Bank in the Southeast.
Intel rose $2.94, or 9.3 percent, to $34.65. The chipmaker reported
late Tuesday that earnings jumped 40 percent in the latest quarter,
beating expectations, as companies picked up the pace of office PC
replacement.
HCA Holdings jumped 10.5 percent after the hospital operator said its
second-quarter financial results will be better than expected. It also
raised its full-year outlook. The stock rose $5.78 to $60.99.

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Stocks Jump on Earnings, Corporate Deal News | Fox Business


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Quality

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7/19/2014

Wall Street Climbs Higher on Company Earnings | Fox Business

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Pub lished July 18, 2014 / Associated Press

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NEW YORK (AP) Investors jumped on a wave of strong corporate


financial results Friday, propelling stocks higher for the third time in

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five days.

After 16 hours on

Share

stalled casino boat,


passengers taken

The gains wiped out much of the market's losses from the day before,

to shore aboard

when the downing of a Malaysian Airlines passenger jet in eastern

Coast Guard

Ukraine stirred concerns that tensions between Russia and the West

vessels

could escalate. Israel's launch of a ground offensive into Gaza also

Apple, IBM

stoked geopolitical uncertainty.

Enterprise Pact
Faces Enormous
Challenges

Those worries appeared to ease Friday, as world leaders called for


an immediate cease-fire in the region and international attention
Will Congress

turned toward the task of determining what led to the aircraft being

Scuttle the AbbVie-

shot down. Investors turned their attention to the latest encouraging

Shire Merger?

company earnings.
"Typically when these events hit the news, it's kind of a sell-now, ask-

Casino boat with

questions-later moment, and then there is a reassessment, and that's

123 people aboard


stuck on rocks off

exactly what we had," said Quincy Krosby, market strategist at

Georgia coast

Prudential Financial. "Today, the market focused again on earnings,

awaiting high tide

which for the most part were good, surprising to the upside, and the
markets just basically got back to their normal business."
http://www.foxbusiness.com/markets/2014/07/18/wall-street-climbs-higher-on-company-earnings/

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7/19/2014

Wall Street Climbs Higher on Company Earnings | Fox Business

Signs of a rebound appeared early. The major stock indexes edged

What's this?

higher in premarket trading and demand for bonds waned, sending

Morning Biz Outlook

the yield on the 10-year Treasury note lower. Gold and oil prices also
declined.
Strong earnings from several companies kept the market in positive
territory after it opened. Investors drove up shares in Google,
Honeywell International, furniture company Knoll and Huntington

Morning Business Outlook: 7/18

Banchsares, among others.

World Cup Boosts Google Earnings, Geopolitical


Tensions in Focus
Know Before the Bell: Car Hackers and FritoLay's Flavor Contest

The Conference Board's latest index of leading indicators, designed


to predict the economy's trajectory, stoked the market further. The
index climbed in June for the fifth consecutive month. At the same
time, investors brushed off a preliminary report showing consumer
confidence dipped slightly.
The market built steadily on its gains throughout the day, reversing
nearly all of the prior day's losses and putting all three major U.S.
indexes into the green for the week.
The Standard & Poor's 500 index added 20.10 points, or 1 percent,
to 1,978.22. The Dow rose 123.37 points, or 0.7 percent, to
17,100.18. The Nasdaq composite gained 68.70 points, or 1.6

MOST POPULAR STOCKS

AAPL

+1.44%

APPLE INC.

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-0.56%

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FORD MOTOR CO...

Jul 18

MSFT

+0.36%

MICROSOFT COR...

Jul 18

IBM

+0.01%

INTERNATIONAL...

Jul 18

94.43
4:00 PM

26.46
4:00 PM

17.72
4:00 PM

44.69
4:00 PM

192.50
4:03 PM

percent, to 4,432.15.
The three major indexes remain ahead for the year.
Bond prices fell. The yield on the 10-year Treasury note rose to 2.48
percent from 2.45 percent late Thursday.
All 10 sectors in the S&P 500 rose, led by health care. The sector is
up 10.6 percent this year.
Gilead Sciences notched the biggest gain among the 500 companies
in the index, rising $4.12 or 4.8 percent, to $89.19. NVIDIA fell the
most, shedding 86 cents, or 4.5 percent, to $18.44.
Investors largely looked through the brewing geopolitical hot spots this
week in part because company earnings have been favorable, said
Terry Sandven, chief equity strategist at U.S. Bank Wealth
Management.
"Clearly the equity market remains remarkably resilient," he said.
"Despite heightened political issues on the horizon the path of least
resistance for equities is still up."
Generally, early results this earnings season have been in line with
investors' expectations, and in some cases, much better, noted
Lawrence Creatura, portfolio manager at Federated Investors.

http://www.foxbusiness.com/markets/2014/07/18/wall-street-climbs-higher-on-company-earnings/

2/4

7/19/2014

Wall Street Climbs Higher on Company Earnings | Fox Business

Late Thursday, Google reported higher earnings and revenue, even


as advertising rates continued to drop. Its stock added $24.29, or 4.2
percent, to $605.11.
Honeywell International gained $1.65, or 1.7 percent, to $96.82 after
reporting that its income rose sharply in the latest quarter and beat
investors' forecasts.
Furniture and accessories company Knoll and semiconductor
Skyworks Solutions also got a lift from quarterly results that exceeded
Wall Street's expectations. Knoll jumped $1.18, or 7 percent, to
$18.15, while Skyworks rose $6.53, or 14.1 percent, to $52.87.
Banks have mostly reported strong second-quarter results, including
Citigroup and Goldman Sachs earlier this week. Huntington
Bancshares was no exception, reporting stronger earnings and net
interest income. Its shares added 45 cents, or 4.8 percent, to $9.75.
The second-quarter earnings season enters its busiest period next
week, when the market will get financial results from companies
including McDonald's, Apple, Boeing and AT&T.

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7/19/2014

Wall Street Climbs Higher on Company Earnings | Fox Business

Will Congress Scuttle the AbbVieShire Merger?

Is Leasing a Car
Right for You?

Is Your Car Vulnerable to Hackers?


Home

AbbVie's $55B deal to buy Irish drug


maker Shire would mark the largest tax
inversion ever, as a growing number of
U.S. firms eye lower rates overseas.

Trupanion Pet Insurance up 14% in


Trading Debut

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Such Thing as a
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MPP director of federal policies Daniel Riffle on
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Implemented by Interactive Data Managed Solutions. Company fundamental data provided by Morningstar. Earnings estimates data provided by Zacks. Mutual fund
and ETF data provided by Lipper. Economic data provided by Econoday. Dow Jones & Company Terms & Conditions.
This material may not be published, broadcast, rew ritten, or redistributed. 2014 FOX New s Netw ork, LLC. All rights reserved.

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4/4

7/22/2014

Sensex reclaims 26,000 level, up 311 points on strong corporate earnings - The Hindu

Business Markets
Published: July 22, 2014 17:05 IST | Updated: July 22, 2014 17:10 IST

Sensex reclaims 26,000 level, up 311 points on strong corporate earnings


PTI

Sensex has gained over 1,018 points in six sessions, helping it rise over 2.3 per cent so far in July.

Extending its up move for the sixth straight session, the benchmark Sensex on Tuesday surged nearly 311 points to
reclaim the 26,000 mark at close as overseas investors bought blue chips on encouraging corporate earnings.
This is the second time in its history that the BSE Sensex has ended above 26,000 mark as it concluded at 26,025.80,
a rise of 310.63 points, or 1.21 per cent. It had closed above this level on July 7, 2014 (26,100.08).
The barometer has gained over 1,018 points in six sessions, helping it rise over 2.3 per cent so far in July.
Bharti Airtel, which gained nearly 5 per cent, was the best gainer in the 30-share pack. It was followed by RIL, HDFC
and TCS that have recently posted better than expected earnings.
On similar lines, the 50-share NSE index Nifty rose 83.65 points, or 1.09 per cent, to settle the session at 7,767.85,
after scaling an intra-day peak of 7,773.85.
Brokers said the investor sentiment was firm amid persistent inflow of foreign funds. Improving macroeconomic
indicators, monsoon progress and positive global cues have also supported the buoyancy in domestic markets, they
said.
Telecom stocks flared up after Idea Cellulars results on Monday and after regulator TRAI on Monday recommended
allowing sharing of all categories of airwaves held by operations including spectrum allocated at old price.
Among major earnings on Tuesday, Kansali Nerolac and Thermax reported results.
However, most midcap and smallcap stocks ended flat or down on a wave of profit-booking, traders said.
Sectorwise, the BSE Teck sector index was the star performer by rising 2.02 per cent, followed by IT index 1.78 per
http://www.thehindu.com/business/markets/sensex-reclaims-26000-level-up-311-points-on-strong-corporate-earnings/article6237874.ece?homepage=true&css=

1/2

7/22/2014

Sensex reclaims 26,000 level, up 311 points on strong corporate earnings - The Hindu

cent, Oil and Gas index 1.74 per cent, Consumer Durables 1.16 per cent, among others.
Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 161.17 crore on Monday as per provisional data.
Keywords: Sensex, Sensex closing trade, BSE, NSE, Nifty, Indian stock markets
Printable version | Jul 22, 2014 6:09:19 PM | http://www.thehindu.com/business/markets/sensex-reclaims-26000level-up-311-points-on-strong-corporate-earnings/article6237874.ece
The Hindu

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2/2

7/23/2014

Stocks Jump as Corporate Earnings Roll In | Fox Business

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Pub lished July 22, 2014 / Associated Press

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helped nudge the stock market higher on Tuesday.

Em ail
Share

The restaurant chain Chipotle Mexican Grill and the cable giant

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Comcast surged after reporting better results than Wall Street

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NEW YORK (AP) Solid earnings for a range of big companies

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Market Check

Are cable
companies really
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cutters?

expected.

5
1

"The news today is pretty good," said JJ Kinahan, chief strategist at


TD Ameritrade. Kinahan pointed to a report out Tuesday that showed
Sit back, relax and
enjoy a three-day
work week?

little sign of inflation and an overall stronger outlook for earnings.


During conference calls to discuss quarterly results, more CEOs are
taking an optimistic tone, he said, instead of warning about possible
dangers.

Chipotle posts big


2Q earnings and
revenue beat

"In the past, they all spent their time tempering expectations," Kinahan
said. "This earnings season we're not seeing that at all. I think people
are taking comfort in it."
The Standard & Poor's 500 index added 9.90 points, or 0.5 percent,

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5 Things Identity

to 1,983.53. The Dow Jones industrial average rose 61.81 points, or

Thieves Want You to

0.4 percent, to 17,113.54. The Nasdaq composite advanced 31.31

Do

points, or 0.7 percent, to 4,456.02.


Chipotle surged $69.84, or 12 percent, to $659.77, the biggest gain

Health of U.S.

in the S&P 500 index. The burrito chain reported that stronger sales

housing

drove its quarterly profit up 26 percent. The restaurant chain's results


beat analysts' expectations, even as it raised prices on a range of
menu items.
Investing Tips for
Creating an Estate

Comcast, the country's largest cable company, reported quarterly

to Pass to Heirs

profits that topped Wall Street's targets as more people signed up for
Internet service. Comcast gained 81 cents, or 1.5 percent, to $54.63.
Swimwear

Wall Street is in the middle of corporate earnings season, when

designer, age 19,


makes debut at

companies release their quarterly results. Investors pore over those

Mercedes-Benz

reports to gauge the financial health of Corporate America, and in

Fashion Week Swim

turn, the U.S. economy. Roughly 150 companies in the S&P 500 will

in Miami Beach

report their results this week, including AT&T and Boeing on

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Wednesday. Visa and Amazon will report on Thursday.


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1/3

7/23/2014

Stocks Jump as Corporate Earnings Roll In | Fox Business

Not all the results released Tuesday were positive. Weak sales of

What's this?

Diet Coke and fruit juice weighed down Coca-Cola's second-quarter

Morning Biz Outlook

results, leading the company to post weaker revenue than Wall Street
expected. Overall profit fell slightly. Coca-Cola's stock sank $1.21, or
3 percent, to $41.19.
Even though companies continue to post higher profits, the market still
looks expensive compared to its historical average. The S&P 500

Morning Business Outlook: 7/22/14

currently trades for 17.4 times earnings over the previous 12 months.

Mid-Market Report: RLJ Buys Hyatt Hotel in


Atlanta

The long-run average is closer to 15.

World Cup Boosts Google Earnings, Geopolitical


Tensions in Focus

"In the short term, I expect the market to continue higher," said Brad
McMillan, the chief investment officer at Commonwealth Financial.
"But I am concerned about the market's valuation."
On the economic front, investors got another tame report on inflation.
U.S. consumer prices inched up 0.3 percent in June, with most of the
increase coming from higher gasoline prices, according to the Labor
Department. Core prices, which exclude the volatile food and energy
sectors, were up just 0.1 percent. Over the past year, core prices are
up 1.9 percent, close to the Federal Reserve's target rate for inflation.
U.S. government bond prices rose, pushing the yield on the 10-year

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EXXONMOBIL CO...

Jul 22

94.72
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5.47
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26.02
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17.82
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103.54
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Treasury note down to 2.46 percent. Benchmark U.S. crude oil fell 17
cents to $104.42 a barrel.

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7/23/2014

Stocks Jump as Corporate Earnings Roll In | Fox Business


Industries

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Right for You?

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Such Thing as a
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Microsoft 4Q EPS Misses Street View


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Apple Profit Up 12% on Strong


iPhone Sales
Apple's 3Q profit jumped 12.3%, as the
tech giant got a boost from stronger
global demand for its iPhone and Mac
devices.

Markets

Stocks Jump as Corporate Earnings


Roll In
Home

AppDynamics Becomes Billion Dollar


Startup

One Puff and Pass Closer to Legal


MPP director of federal policies Daniel Riffle on
the latest on marijuana legalization.

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8/5/2014

Sensex rises 185 points on RBI monetary policy review - The Hindu

Business Markets
Published: August 5, 2014 17:06 IST | Updated: August 5, 2014 17:06 IST

Sensex rises 185 points on RBI monetary policy review


PTI

RBI lowered the statutory liquidity ratio (SLR) portion of deposits that banks are required to keep in government bonds by 0.5 per
cent to unlock about Rs 40,000 crore funds for lending.

The benchmark Sensex on Tuesday soared 185 points as rate-sensitive auto, consumer durables and realty shares
notched up handsome gains after RBI Governor Raghuram Rajan enabled banks to provide more credit even as he
held interest rates for the third straight meeting.
In highly volatile trade, the Sensex opened higher but went into red after the RBI policy was announced. However,
after touching the days low of 25,562.36, the bluechip index bounced back to end the day at 25,908.01, clocking a rise
of 184.85 points, or 0.72 per cent. The gauge had surged 242.32 points on Monday.
On similar lines, the 50share NSE index Nifty rose 62.90 points, or 0.82 per cent, to 7,746.55 after shuttling
between 7,752.45 and 7,638.05 intraday.
With poor monsoon and food inflation continuing to remain a worry, the RBI kept key policy rate unchanged. Dr.
Rajan, however, lowered the statutory liquidity ratio (SLR) portion of deposits that banks are required to keep in
government bonds by 0.5 per cent to unlock about Rs 40,000 crore.
Also, it has reduced the ceiling of banks total holdings of SLR securities under the held to maturity (HTM) to 24 per
cent from 24.5 per cent of net demand and time liabilities.
Dr. Rajan explained in the media briefing they are doing these as medium term measure to enable banks to be able
to provide credit when the economy turns, said Murthy Nagarajan, Head Fixed Income, Quantum AMC.
Global financial major Barclays stated that there is a change in the central banks commentary compared to its
explicit hawkish stance earlier this year.
Rise in auto stocks helped the Sensex and the Nifty rebound with M&M, Bajaj Auto, Maruti Suzuki and Tata Motors,
lifting the BSE Auto index over 2.11 per cent.
Banking index ended 0.28 per cent up after earlier falling post the RBI policy announcement.
http://www.thehindu.com/business/markets/sensex-rises-185-points-on-rbi-monetary-policy-review-as-rajan-keeps-interest-rates-unchanged-lowers-statutory-liq

1/2

8/5/2014

Sensex rises 185 points on RBI monetary policy review - The Hindu

In other sectoral indices, BSE Realty index rose 2.65 per cent, Metal index gained 1.33 per cent, Consumer Durables
index 0.99 per cent and Healthcare Index 0.58 per cent.
In the 30share Sensex constituents, 20 ended higher, 10 others including ICICI Bank, L&T and Hero MotoCorp
finished lower.
Keywords: Sensex, BSE, NSE, Nifty, Indian stock markets, RBI monetary policy
Printable version | Aug 5, 2014 6:16:19 PM | http://www.thehindu.com/business/markets/sensex-rises-185-pointson-rbi-monetary-policy-review-as-rajan-keeps-interest-rates-unchanged-lowers-statutory-liquidity-ratio-slr-forgreater-credit-availability/article6283975.ece
The Hindu

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8/5/2014

Rebound! Dow up 75 points - Aug. 4, 2014

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Rebound! Stocks bounce back Monday


By Ben Rooney @ben_rooney August 4, 2014: 5:53 PM ET

Click for more market data.

69

69

TOTAL SHARES

NEW YORK (CNNMoney)

All's well that ends well on Wall Street. Stocks pushed higher Monday after a choppy morning.
The Dow Jones industrial average, which was down 50 points earlier in the day, ended 76 points higher (almost 0.5%). The
S&P 500 and the Nasdaq both gained 0.7%.
What correction? Some investors were concerned that last week's sell off was the beginning of a correction, typically defined
as a drop of 10% or more from the most recent peak.
But those worries faded in the afternoon and stocks rallied as investors rediscovered their appetite for risk.
"As we've seen many times this year, every time we get a sell-off, people jump in and start buying once the market stabilizes,"
said Randy Frederick, a managing director at the Schwab Center for Financial Research.
While stocks are still far from recovering all of last week's losses, Monday's rebound is impressive given the conflict in Gaza
and ongoing tensions in Ukraine.
In a sign of the change in sentiment, the market's so-called fear gauge, the VIX, fell more than 12%. CNNMoney's Fear & Greed
index, which is based on the VIX and other measures of investor sentiment, is still pointing to "Extreme Fear."
Frederick added that this week's economic calendar is light, and corporate earnings season is more than half-way over. "All the
action was last week," he said. "This week is more of a 'breather' week."
Related: Fear & Greed Index trembling with extreme fear

http://money.cnn.com/2014/08/04/investing/stocks-markets/

1/3

8/5/2014

Rebound! Dow up 75 points - Aug. 4, 2014

Earth to investors: Don't panic!


2. Stock market movers -- Michael Kors, Groupon, Berkshire Hathaway: Fashion designer and retailer Michael Kors (KORS)
reported impressive jumps in revenue and profit. But the stock fell 6% despite the results.

Michael Kors is still in fashion


Amazon (AMZN, Tech30)shares gained nearly 3% after the online retailer said it has more than doubled the number of apps
available for download, including a spinoff of the popular "Flappy Birds" game.
Shares of Groupon (GRPN) added 9% ahead of the release of its latest quarterly report Tuesday.
Despite the rally, Groupon shares are down more than 40% for the year. At least one trader is skeptical that Monday's gains
would hold after the report comes out. "$GRPN pump before earnings ...dump after earnings," said SockTwits user sktweets.
Shares of Priceline (PCLN, Tech30) gained more than 4% to trade near $1,300. It's been a volatile year for Priceline. After
hitting an all-time high above 1,370 in early March, the stock slumped to a low $1,108 in May.
Warren Buffett's Berkshire Hathaway (BRKB)said Friday that profits grew by nearly $2 billion in the second quarter. Shares
rose 3%.
HSBC (HSBC) reported results showing a decline in profit in the first half of 2014 but shares in the company still managed an
increase.
3. The Ebola stock surge: Tekmira Pharmaceuticals (TKMR) stock gave back all of its early gains after surging almost 40% in
early trading. It ended nearly 7% lower. The company is developing treatment for the Ebola virus, which has killed hundreds of
people in Guinea, Sierra Leone, Liberia and Nigeria recently. CNN reported that a treatment made by Mapp
Biopharmaceutical is also working on an anti-Ebola treatment.

http://money.cnn.com/2014/08/04/investing/stocks-markets/

2/3

8/5/2014

Rebound! Dow up 75 points - Aug. 4, 2014

Related: Investors look to profit off Ebola virus


4. Another bank rescue: Portugal's central bank announced it is using 4.9 billion ($6.6 billion) to rescue Banco Espirito
Santo.
The move involves splitting the troubled bank into a "good" and "bad" bank, and aims to protect taxpayers and bank
customers. Shareholders and some bond holders will lose out. Shares in BES were suspended Monday but have slumped 87%
so far this year.
Related: Is a correction near? Wall Street on edge
Portugal's benchmark PSI 20 index edged up by 1.8% Monday, though the index has declined by 11% since the start of the year.
5. International markets: European markets were mixed. Asian markets also turned in an uneven performance.

First Published: August 4, 2014: 9:45 AM ET

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8/8/2014

Wall Street Traders Shrug off Geopolitical Strife | Fox Business


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Pub lished August 08, 2014 / Reuters

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Wall Street Traders Shrug off Geopolitical Strife | Fox Business

"The market hates uncertainty, and when it doesn't have enough

What's this?

information about how badly an event could impact the economy, it

Morning Biz Outlook

tends to take the worst-case scenario and people sell off," said
Malcolm Polley, president and chief investment officer of Stewart
Capital Advisors in Indiana, Pennsylvania.
"With the news of the de-escalating in Russia, and also with the
administration saying exactly what they are doing in Iraq, it's helped

Morning Business Outlook: 8/8/14

clear up some uncertainty in the market."

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Google Team s Up With B&N

Earlier on Friday, the United States carried out air strikes targeting
Islamic State fighters marching on Iraq's Kurdish capital. The strikes
were the first authorized on Iraq since President Barack Obama
pulled American troops out in 2011.
The Dow Jones industrial average <.DJI> rose 182.52 points, or 1.12
percent, to 16,550.79. The S&P 500 <.SPX> ended up 21.84 points,
or 1.14 percent, to 1,931.41. The Nasdaq Composite <.IXIC> added
36.02 points, or 0.83 percent, to 4,370.99.
For the week, the Dow rose 0.4 percent, the S&P 500 gained 0.3
percent, and the Nasdaq rose 0.4 percent.

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Utilities were the day's biggest gainer among S&P sectors, rising 2
percent, followed by a 1.7 percent increase in energy shares.
Strong earnings lifted Nvidia Corp shares 8.8 percent to $19.00,
making it the S&P's biggest winner. The graphics chipmaker reported
higher quarterly earnings and gave a forecast for the current quarter's
revenues that exceeded Wall Street's estimates.
U.S.-traded shares of Tekmira Pharmaceuticals Corp (TKMR)
surged 45.1 percent to $20.70 after the U.S. Food and Drug
Administration cleared the company's experimental Ebola treatment
for potential use in humans. More than 28.4 million shares changed
hands, the busiest day of trading in company history.
About 5.5 billion shares traded on all U.S. platforms, according to
BATS exchange data, compared with the five-day average of 6.5
billion.
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8/8/2014

Wall Street Traders Shrug off Geopolitical Strife | Fox Business


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Wall Street Traders Shrug off Geopolitical Strife | Fox Business

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8/8/2014

Despite global turmoil, U.S. stocks up over 1% - Aug. 8, 2014

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What global turmoil? U.S. stocks up 1%


By Ben Rooney @ben_rooney August 8, 2014: 4:33 PM ET

Click for more market data.

47

47

TOTAL SHARES

NEW YORK (CNNMoney)

Despite a raft of geopolitical uncertainty, U.S. stocks ended a volatile week on a strong note.
The Dow Jones industrial average surged 185 points. The Dow and the S&P 500 both gained more than 1%. The Nasdaq
advanced 0.8%. Friday's rally pushed all three indexes back into positive territory for the week. The Dow, which fell 75 points
Thursday, gained 0.4% for the week.
Related: German stocks pummeled
No big deal? The advance came despite intensifying conflicts in Israel, Iraq and Ukraine. While the unrest creates uncertainty,
investors seem confident that none of the current conflicts will derail the global economy.
"We would urge discretion in extrapolating today's headlines to the broad-based macroeconomic outlook of the coming few
years," said Steven Wieting, global chief investment strategist at Citi Private Bank.
The CNNMoney Fear & Greed index is pointing to "extreme fear." However, the market's so-called fear-gauge, which is one of
the indicators that make up the Fear & Greed index, was backing down. The VIX (VIXAUG)fell 4%.
Global unrest: U.S. jet fighters have targeted Sunni Islamic extremists in Iraq, escalating America's military involvement
more than two years after President Barack Obama brought home forces from the country. Concerns are growing about a
humanitarian crisis in Iraq where minority groups are facing possible slaughter by Sunni extremists.
Related: Bears come out of hibernation on Wall Street

http://money.cnn.com/2014/08/08/investing/stocks-markets/index.html

1/3

8/8/2014

Despite global turmoil, U.S. stocks up over 1% - Aug. 8, 2014

Meanwhile, the Israeli military said it carried out strikes on militant targets in Gaza on Friday in response to a barrage of
rocket fire after a three-day truce in the region came to an end without a longer-term agreement.

Investing in unsettling times


Russia announced a round of limited import bans this week in retaliation to U.S. and European sanctions, raising concerns
about a possible trade war.
Related: How to stay safe in a scary market
Stock market movers -- Lululemon, Tekmira, Zynga: Shares for yoga clothier Lululemon Athletica (LULU) gained after founder
Dennis Wilson agreed to sell half his stake, of $845 million in stock, to private equity firm Advent.
Tekmira Pharmaceuticals (TKMR) said Thursday that the U.S. Food and Drug Administration will allow trials of an
experimental treatment for the Ebola virus to move forward, a process dubbed "fast tracking". Shares soared 45%.
Zynga (ZNGA) shares sank after the maker of games for social media applications reported a loss for its second quarter. Tesla
(TSLA) was down slightly despite resolving a trademark dispute that threatened its growth in China.
Related: CNNMoney's Tech 30 index
Sotheby's (BID) shares fell after the auction house reported earnings that fell short of expectations.
Global markets slide: European markets ended mostly lower. Germany's DAX is now officially in a correction. The benchmark
index has fallen by about 11% since its peak in late June as investors worry about the effects Russian sanctions will have on
the German economy.
However, Italy's stock market ended modestly higher after the government approved new stimulus measures aimed at lifting
the nation's economy out of recession.
Nearly every Asian stock market index closed in negative territory. The Nikkei in Japan dropped by 3%.

First Published: August 8, 2014: 9:54 AM ET

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8/8/2014

Despite global turmoil, U.S. stocks up over 1% - Aug. 8, 2014

Inside the $25K Dom Prignon hotel suite


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8/12/2014

Sensex surges 361 points, Tata Motors leads rally - The Hindu

Business Markets
Published: August 12, 2014 10:14 IST | Updated: August 12, 2014 16:38 IST

Sensex surges 361 points, Tata Motors leads rally


PTI

Sensex climbed over 361 points to close at nearly one-week high of 25,880.77 and Nifty reclaimed the 7,700mark after bluechips led
by Tata Motors posted healthy earnings.

Stock markets on Tuesday rose for the second straight session with the Sensex climbing over 361 points to close at
nearly one-week high of 25,880.77 and the Nifty reclaiming the 7,700mark after bluechips led by Tata Motors
posted healthy earnings.
After opening on a strong note on sustained buying amid positive global, the 30share Sensex climbed to 25,904.98
before closing with a gain of 361.53 points, or 1.42 per cent, at 25,880.77, its highest closing since August 5, 2014.
The gauge has now gained over 490 points in two sessions.
Some of the stocks like Tata Motors, Apollo Hospitals and Oil India gained after posting healthy numbers. Power and
pharma stocks were also in limelight. Easing of crude oil prices too boosted market sentiment, said Rakesh
Goyal,Senior Vice President, Bonanza Portfolio
Besides, fresh positions created by participants on expectations of good June IIP numbers later in the day, also acted
as a tailwind, brokers said.
The 50share Nifty of National Stock Exchange regained the 7,700mark after a gap of one week to touch the days
high of 7,735.75 before settling 101.10 points, or 1.33 per cent higher at 7,727.05.
Shares of Tata Motors soared 5.92 per cent after the auto major reported over three-fold jump in consolidated net
profit.
Sensex gainers included GAIL, HDFC Ltd, HDFC Bank, ICICI Bank, NTPC, ONGC, Reliance Industries, SBI, Coal
India, L&T, Sun Pharma, Cipla, Tata Steel, Bajaj Auto and BHEL.
Sectorwise, the BSE Auto index gained the most by rising 1.79 per cent, followed by PSU index 1.72 per cent, Oil and
Gas index 1.67 per cent, Banking Index 1.41 per cent and Consumer Durables index 1.40 per cent.
With the improvement in the sentiment, mid cap and small cap stocks were also seen in demand.
http://www.thehindu.com/business/markets/sensex-rallies-in-early-trade/article6307128.ece?css=print

1/2

8/12/2014

Sensex surges 361 points, Tata Motors leads rally - The Hindu

Going ahead, we expect geopolitical issues on the global front and further reform initiatives from the government on
the domestic front, to drive markets. Remaining quarterly results and the progress of monsoons can be the near term
triggers, said Dipen Shah, Head Private Client Group Research, Kotak Securities.
Meanwhile, Foreign portfolio investors (FPIs) sold shares worth a net Rs 162.92 crore on Monday.
Keywords: BSE, NSE, Sensex, Nifty, stock exchanges
Printable version | Aug 12, 2014 7:26:12 PM | http://www.thehindu.com/business/markets/sensex-rallies-in-earlytrade/article6307128.ece
The Hindu

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8/13/2014

Wall Street Returns to Rally Mode | Fox Business

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The Standard & Poor's 500 index rose 12 points, or 0.7 percent, to
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The Dow Jones industrial average rose 91 points, or 0.6 percent, to
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AAPL

+1.32%

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FORD MOTOR CO...

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Despite global turmoil, U.S. stocks up over 1% - Aug. 8, 2014

U.S.

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What global turmoil? U.S. stocks up 1%


By Ben Rooney @ben_rooney August 8, 2014: 4:33 PM ET

Click for more market data.

62

62

TOTAL SHARES

NEW YORK (CNNMoney)

Despite a raft of geopolitical uncertainty, U.S. stocks ended a volatile week on a strong note.
The Dow Jones industrial average surged 185 points. The Dow and the S&P 500 both gained more than 1%. The Nasdaq
advanced 0.8%. Friday's rally pushed all three indexes back into positive territory for the week. The Dow, which fell 75 points
Thursday, gained 0.4% for the week.
Related: German stocks pummeled
No big deal? The advance came despite intensifying conflicts in Israel, Iraq and Ukraine. While the unrest creates uncertainty,
investors seem confident that none of the current conflicts will derail the global economy.
"We would urge discretion in extrapolating today's headlines to the broad-based macroeconomic outlook of the coming few
years," said Steven Wieting, global chief investment strategist at Citi Private Bank.
The CNNMoney Fear & Greed index is pointing to "extreme fear." However, the market's so-called fear-gauge, which is one of
the indicators that make up the Fear & Greed index, was backing down. The VIX (VIXAUG)fell 4%.
Global unrest: U.S. jet fighters have targeted Sunni Islamic extremists in Iraq, escalating America's military involvement
more than two years after President Barack Obama brought home forces from the country. Concerns are growing about a
humanitarian crisis in Iraq where minority groups are facing possible slaughter by Sunni extremists.
Related: Bears come out of hibernation on Wall Street

http://money.cnn.com/2014/08/08/investing/stocks-markets/index.html

1/3

8/13/2014

Despite global turmoil, U.S. stocks up over 1% - Aug. 8, 2014

Meanwhile, the Israeli military said it carried out strikes on militant targets in Gaza on Friday in response to a barrage of
rocket fire after a three-day truce in the region came to an end without a longer-term agreement.

Investing in unsettling times


Russia announced a round of limited import bans this week in retaliation to U.S. and European sanctions, raising concerns
about a possible trade war.
Related: How to stay safe in a scary market
Stock market movers -- Lululemon, Tekmira, Zynga: Shares for yoga clothier Lululemon Athletica (LULU) gained after founder
Dennis Wilson agreed to sell half his stake, of $845 million in stock, to private equity firm Advent.
Tekmira Pharmaceuticals (TKMR) said Thursday that the U.S. Food and Drug Administration will allow trials of an
experimental treatment for the Ebola virus to move forward, a process dubbed "fast tracking". Shares soared 45%.
Zynga (ZNGA) shares sank after the maker of games for social media applications reported a loss for its second quarter. Tesla
(TSLA) was down slightly despite resolving a trademark dispute that threatened its growth in China.
Related: CNNMoney's Tech 30 index
Sotheby's (BID) shares fell after the auction house reported earnings that fell short of expectations.
Global markets slide: European markets ended mostly lower. Germany's DAX is now officially in a correction. The benchmark
index has fallen by about 11% since its peak in late June as investors worry about the effects Russian sanctions will have on
the German economy.
However, Italy's stock market ended modestly higher after the government approved new stimulus measures aimed at lifting
the nation's economy out of recession.
Nearly every Asian stock market index closed in negative territory. The Nikkei in Japan dropped by 3%.

First Published: August 8, 2014: 9:54 AM ET

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8/14/2014

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Wall Street Climbs on Earnings News | Fox Business

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Wall Street Climbs on Earnings News | Fox Business

Markets often slip into a summertime lull in August. Trading desks

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remain short-staffed until people return from vacation after the Labor

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Day holiday. Without any major developments, trading volume usually


dries up and stock indexes turn sleepy, as if stuck in their beach
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The S&P 500, for instance, has gained nearly 6 percent this year.
"That's an interesting number: 6 percent just happens to be the

AAPL

+0.27%

APPLE INC.

Aug 14

97.50
4:00 PM

average earnings growth rate over the very long term," he said.

+0.06%

FORD MOTOR CO...

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In Thursday trading, the Class A shares of Warren Buffett's Berkshire


Hathaway conglomerate crossed the $200,000 mark, making the

GE

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17.43
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25.88
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highest-priced U.S. stock even more expensive. Buffett has never split
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XOM

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created more affordable Class B shares, which closed Thursday at


$135.30 Berkshire's Class A shares rose $3,241, or 2 percent, to end

FB

+0.71%

FACEBOOK INC.

Aug 14

74.30
4:00 PM

at $202,850.
Kohl's, a department-store chain, turned in quarterly profits that were
slightly better than analysts' expectations. Sales slipped but the
company cut costs. Kohl's surged $1.80, or 3 percent, to $56.91.
After the market closed Wednesday, Cisco Systems reported falling
quarterly sales and profits. The technology company also announced
plans to lay off 6,000 workers, roughly 8 percent of its workforce.
Cisco's stock dropped 66 cents, or 3 percent, to $24.54.
In Europe, more reports showed the region's economic recovery has
stalled. Germany's economy shrank 0.2 percent from April to June,
while the French economy stagnated. But both France's CAC 40 and
Germany's DAX closed with gains of 0.3 percent. Britain's FTSE 100
rose 0.4 percent.
"Investors appear to be betting that the continued raft of disappointing
economic data could compel the European Central Bank to take
further steps to help try and boost economic activity before the end of
the year," said Michael Hewson, chief market analyst at CMC
Markets.
In the market for U.S. government bonds, the yield on the 10-year
Treasury note fell to 2.40 percent. Earlier, it touched 2.38 percent, its
lowest level this year.

http://www.foxbusiness.com/markets/2014/08/14/wall-street-climbs-on-earnings-news/

2/4

8/14/2014

Wall Street Climbs on Earnings News | Fox Business

The price of oil fell sharply on speculation that economic weakness in


Europe would lead to lower demand for fuel. Benchmark U.S. crude
fell $2.01 to close at $95.58 a barrel on the New York Mercantile
Exchange, its lowest close since Jan. 21.
In metals trading, the price of gold edged up $1.20 to $1,315.70 an
ounce. Silver settled up six cents to $19.91 an ounce. Copper fell two
cents to $3.09 a pound.

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Wall Street Climbs on Earnings News | Fox Business

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4/4

8/18/2014

Sensex gains 184 points, reclaims 26,000 mark - The Hindu

Business Markets
Published: August 14, 2014 17:11 IST | Updated: August 14, 2014 17:16 IST

Sensex gains 184 points, reclaims 26,000 mark


PTI

Sensex closed at over two-week high of 26,103.23, a gain of 184.28 points, or 0.71 per cent from previous close. File photo

The Hindu

Sensex opened higher at 25,948.30 and shot up further to a high of 26,135 after WPI-based inflation dipped to a five-month low of 5.19
per cent in July.

The BSE Sensex extended gains for the fourth straight session on Thursday soaring by 184 points to reclaim the
26,000-mark after two weeks as inflation dropped to five-month low level and foreign capital inflows rose.
The 30share Sensex closed at over two-week high of 26,103.23, a gain of 184.28 points, or 0.71 per cent from
previous close. The barometer opened higher at 25,948.30 and shot up further to a high of 26,135.00 after WPI-based
inflation dipped to a five-month low of 5.19 per cent in July.
In the four sessions, the index gained over 774 points and reclaimed the 26,000-mark for the first time since July 30.
The NSE 50share Nifty firmed up by 52.15 points, or 0.67 per cent, to finish at 7,791.70 after touching the days
high of 7,796.70.
Stocks of state-owned ONGC ended 2.03 higher after the company on Wednesday posted 19 per cent rise in net profit
for the AprilJune quarter.
Shares of Tata Steel, in two-way movements, gained 1.23 per cent despite companys consolidated net profit plunged
by 70.38 per cent to Rs 337.33 crore in the AprilJune quarter.
Brokers said besides encouraging earnings by several blue chip companies, foreign capital inflows on continued
optimism on long term growth prospects of the economy buoyed sentiments.
Major gainers were GAIL India, ITC, Larsen & Toubro, Sesa Sterlite, Cipla, Sun Pharma, Reliance Industries, NTPC,
Maruti Suzuki, Mahindra and Mahindra, ICICI Bank, Axis Bank, HDFC Bank, BHEL, Tata Motors and Tata Power.
Shares of Lanco Infratech and Adani Power gained up to 5.05 per cent following a mega deal for a power plant
between the two companies.
As many as 22 Sensex constituents ended in the green while 8 ended down.
http://www.thehindu.com/business/markets/sensex-gains-184-points-reclaims-26000-mark-as-inflation-drops-to-5month-lows-adani-power-and-lanco-infotech-sh

1/2

8/18/2014

Sensex gains 184 points, reclaims 26,000 mark - The Hindu

Meanwhile, Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 718.27 crore on Wednesday, as per
provisional data from the stock exchange.
The stock exchanges will remain closed tomorrow on account of Independence Day.
Keywords: BSE, NSE, Sensex, Nifty, stock exchanges
Printable version | Aug 18, 2014 8:14:35 PM | http://www.thehindu.com/business/markets/sensex-gains-184-pointsreclaims-26000-mark-as-inflation-drops-to-5month-lows-adani-power-and-lanco-infotech-shares-rise505/article6317644.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-gains-184-points-reclaims-26000-mark-as-inflation-drops-to-5month-lows-adani-power-and-lanco-infotech-sh

2/2

8/18/2014

Sensex spurts 288 points to new record high of 26,391; Nifty gains 82 points | Business Line

Sensex spurts 288 points to new record high of 26,391; Nifty gains 82 points
Our Bureau

Oil & gas, bank stocks steal the show

Mumbai, Aug 18:


Heavy capital inflows coupled with firm European cues led the Sensex and the Nifty scale new record highs of 26,391
and 7,874, respectively at the closing session on Monday.
The 30-share BSE index Sensex surged 287.73 points to end at 26,390.96 breaching its earlier high of 26,300.17
(intra-day) reached on July 25.
The Sensex touched the day's high of 26,413.11 and low of 26,075.28.
Similarly, the 50-share NSE index Nifty regained the psychological 7,800-level for the first time since July 25 by
gaining 82.55 points to close at 7,874.25.
Rajesh Agarwal, Head-Eastern Financiers, said in a report: "With the result season now over, the markets will take
cues from important data announcements such as bank loan growth, bank deposit growth and foreign reserves data.
The markets will also be impacted to an extent by the macroeconomic developments on the global front. Renewed
scuffle in the Middle East and Ukraine continue to remain causes for concern. Investors are expected to remain
cautious to some extent as they are trying to gauge the events unfolding in the Middle East and Eastern Ukraine.
Overall, we expect markets to maintain an upmove with its fair share of volatility induced by intermittent profitbooking."
Barring FMCG and IT, all other BSE sectoral indices ended significantly in the green. Among them, oil & gas index
gained the most by 2.64 per cent, followed by banking 2.36 per cent and capital goods 2.33 per cent, while FMCG
index was down 0.44 per cent and IT 0.41 per cent.
ONGC, Cipla, Axis Bank, BHEL and Tata Motors were the major Sensex gainers, while the major losers were ITC,
Infosys, HDFC, TCS and Hero MotoCorp.
Meanwhile, Foreign Portfolio Investors bought shares worth Rs 625.18 crore in the previous session, as per provisional
data from the stock exchanges.
European stocks rose as Ukrainian and Russian officials met for discussions. The Stoxx 600 rallied 0.9 per cent to
332.78 at 10.03 a.m. in London. Standard & Poors 500 Index futures was up 0.4 per cent, while the MSCI Asia
Pacific Index fell below 0.1 per cent.
(This article was published on August 18, 2014)

http://www.thehindubusinessline.com/markets/sensex-live-update/article6327929.ece?css=print

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8/18/2014

Nasdaq Soars to 14-Year High | Fox Business

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Dollar General jumped after making a bid for retailer Family Dollar, a

Caution on Full-

rival discount store. The offer topped a bid made last month by Dollar

Blown M&A

Tree, another discount retailer. Airlines were also among the big
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gainers as the price of oil slumped.

Get ready for a big


week in economic,
corporate news

The stock market is bouncing back after a bout of summer volatility


pushed the Standard & Poor's 500 down earlier this month to its
21 stocks in S&P 500 hit
all-time highs

lowest level since May. The index is now less than 1 percent below its
P&G eyes Duracell,

record close of 1,987 reached on July 24. Investors had become

Braun in sweeping

skittish on concerns that the tensions between Russia and Ukraine

brand culling:

were escalating.

sources

"Investors are focusing back on earnings and fundamentals and not

Report: Federated

as worried about some of those geopolitical pressures right now,"

Investors sees S&P


500 at 2,500 in two

said Chris Gaffney, a senior market strategist at Everbank Wealth

years

Management.
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The S&P 500 rose 16.68 points, or 0.9 percent, to 1,971.74. The Dow

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Jones industrial average gained 175.83 points, or 1.1 percent, to

Morning Biz Outlook

16,838.74. The Nasdaq composite gained 43.39 points, or 1 percent,


to 4,508.31.
Dollar General was the biggest gainer in the S&P 500. The
company's stock rose $6.68, or 11.6 percent, to $64.14 after it made
a $8.95 billion bid to buy Family Dollar. That's higher than the $8.5

U.S. IPO market surging in 2014

billion bid that Dollar Tree made for Family Dollar last month.

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2014
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Sterne Agee recommended buying Dollar General's stock, saying that


the company could benefit from significantly higher earnings following
the acquisition.
Family Dollar, the target of the bid, also jumped on the news, climbing
$3.75, or 5 percent, to $79.81. Dollar Tree fell $1.34, or 2 percent, to
$54.26.
Airline stocks were among the gainers as well after the price of oil fell
to its lowest level since April as fears of supply disruptions from Iraq
eased. Fuel is a big component of airlines' costs.
Southwest Airlines rose $1.06, or 4 percent, to $30.82. United

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Continental climbed $1.83, also 4 percent, to $47.84.


Despite the increased volatility caused by the tensions in Ukraine and
elsewhere, stocks are still an attractive investment, said Dan Curtin, a
global investment specialist for JPMorgan Private Bank.
Inflation remains and low and corporate earnings remain strong.
Earnings growth in the second quarter was 10.2 percent for
companies in the S&P 500, compared to 4.9 percent in the same
period a year ago and 3.4 percent in the first quarter, according to
data from S&P Capital IQ.
Later this week investors will focus the Federal Reserve. Policy
makers are winding down their economic stimulus and will likely start
to raise interest rates at some point next year.
On Wednesday, the Fed will release the minutes from its July policy
meeting and on Friday Fed Chair Janet Yellen will give a speech at an
annual conference of central bankers, policy experts and academics
from around the world at Jackson Hole, Wyoming.
Yellen is expected to reaffirm her position in a speech Friday that
slack remains in the labor market and that the Fed will keep monetary
policy loose to address the problem, said Katie Nixon, chief
investment officer for Wealth Management at Northern Trust.

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"The Federal Reserve is in no hurry to raise rates," said Nixon. "We


expect more of the same and think it will be very supportive to
financial markets."
Monster Beverage was the biggest decliner in the S&P 500. The
stock fell $5.05, or 5 percent, to $88.44 after analysts at Jefferies cut
their rating on the stock from "buy" to "hold." Monster surged Friday
after Coca-Cola said it was buying a 16.7 percent stake in the
company. The analysts at Jefferies say that Monster's stock may now
be fully valued after the gain.
In commodities trading, oil fell close to its lowest price since April
after fears of supply disruptions from Iraq faded. That is removing
much of the risk premium that had built up in May and June.
Benchmark U.S. crude fell 94 cents, or 1 percent, to $96.41 a barrel in
New York. It traded above $106 a barrel as recently as June 25.
Prices for U.S. government bonds fell. The yield on the 10-year
Treasury note rose to 2.39 percent from 2.34 percent on Friday.
Prices for metals futures ended mixed. Gold fell $6.90 to $1,299.30
an ounce, silver rose 11 cents to $19.64 an ounce and copper was
little changed at $3.11 a pound.

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What global issues? Stock market surges ahead - Aug. 18, 2014

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Stock market surges, sending Dow up 1%


By Heather Long @byHeatherLong August 18, 2014: 4:32 PM ET

44

44

TOTAL SHARES

NEW YORK (CNNMoney)

Forget Christmas in July. For the stock market, it's looking like the holidays came in August.
The Dow is on track for its best month since February. It's already up over 1.5% in August.
And it's not just "blue chip" American stocks in the Dow that are doing well. The Nasdaq, which is loaded with tech and biotech
companies, and the S&P 500 are up even more than the Dow.
Few would have guessed this performance surge was coming. August got off to a rough start. Some were even warning that a
correction -- when the market drops 10% -- might be near.
Related: Can the stock market rally keep going?
But U.S. stocks have chugged along, despite the ongoing conflicts in Ukraine, Gaza and Iraq. Consider that CNNMoney's Fear
& Greed Index still says "extreme fear," but the reading today is 25 compared to a mere 7 a week ago. There's still trepidation,
but not as much.
On Monday alone, the Dow is up 175 points -- one of the larger single-day moves this year.
What's going on?
While the tension continues between those who believe it's time to sell stocks because the market is expensive and
geopolitical concerns are growing louder, optimists are winning the day at the moment for three reasons:
1. Earnings are strong.

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8/18/2014

What global issues? Stock market surges ahead - Aug. 18, 2014

By and large, corporate profits and earnings


have come in better than expected in a wide
variety of sectors. Most companies have now
given their second-quarter reports, and the
vast majority are showing true growth in
sales and revenues.
In other words, the stock market overall isn't
cheap, but the current pricing of many stocks
is still backed up by strong corporate
performance. That's also playing into
increased merger and acquisition activity as
companies put their cash on hand to work.
The latest is a bidding war between two
companies that want to buy Family Dollar.
Related: Corporate America's 'report cards'
are strong

The Dow is up 1% on August 18, 2014.

2. U.S. economy is getting better.


The economy isn't where anyone would want it to be, but it's definitely in a stronger place than a year ago. More people are
getting jobs, and the country has bounced back from the polar vortex that acted as a sort of winter chill on the economy.
Perhaps most importantly, the Federal Reserve has indicated it will continue to keep interest rates low until next summer, at
the earliest. That's been a major stimulus that encourages businesses and individuals to invest and spend again.
Related: The 'Disney economy' is back
3. Geopolitics hasn't caused big enough ripples.
The flare ups around the world -- from downed planes to invasions to Ebola -- have had impacts on companies and the stock
market, but they have been short-lived in the U.S.
Russia has been the biggest shock, since it is so interconnected with Europe. On Friday, news of increased tension in Ukraine
sent the Dow down about 50 points after a strong week.
But investors have kept a close eye on commodity prices, especially oil and natural gas, as a gauge for the impact of global
conflicts. The reality is that oil -- in the futures market and at the pump -- costs less this August than it did in August 2013. U.S.
domestic oil and natural gas production has insulated America from problems in Iraq and Russia.
The result is a stock market that hasn't been as stellar as 2013, but is certainly at levels that should make investors reasonably
happy.
The S&P 500 is up over 6.5% for the year. The tech-heavy Nasdaq, which had a large sell-off in the spring, is now up almost 8%.
Even the Dow is up 1.5% after being in the red a mere days ago.

First Published: August 18, 2014: 4:02 PM ET

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NEW YORK (AP) U.S. stocks are closing higher after investors got
some encouraging news about home building and corporate
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The Nasdaq climbed 19 points, or 0.5 percent, to 4,527.

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NEW YORK (AP) The stock market rose for a third straight day
Wednesday despite a report from the Federal Reserve that showed a
growing chorus of central bank officials willing to raise interest rates

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sooner rather than later.

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In the bond market, prices fell and yields rose as investors prepared
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to 16,979.13. The Standard & Poor's 500 index rose 4.91 points, or
0.3 percent, to 1,986.51, less than two points away from its late-July
record close of 1,987.98.

Markets shaking off


geopolitics

The Nasdaq composite was mostly unchanged on the day, falling 1.03
points, less than 0.1 percent, to 4,526.48.
The majority of Fed policymakers believe the U.S. economy is
improving enough that the bank should start considering how it's
going to start raising interest rates, according to minutes from the

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In metals trading, gold fell $1.50 to $1,295.20 an ounce, silver rose 9
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pound.
In individual stocks:
J.M. Smucker fell $1.03, or 1 percent, to $102.42. The food
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recalls and accounting irregularities. The company said the Ford and
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also said its purchase of Dollar Thrifty was not saving as much money
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Nifty ends above 7,900-mark; Sensex up 59 points - The Hindu

Business Markets
Published: August 22, 2014 16:55 IST | Updated: August 22, 2014 17:08 IST

Nifty ends above 7,900-mark; Sensex up 59 points


PTI

The benchmark Sensex on Friday rose over 59 points to close at 26,419.55, near its record high, and the Nifty settled
above the 7,900-mark for the first time, boosted by gains in banking and IT stocks on higher capital inflows.
Besides, a strengthening rupee and positive global cues on upbeat US economic data and easing crude oil price also
buoyed market sentiments.
The rally helped both Sensex and Nifty rise by over 1.5 per cent this week, their second successive weekly gain.
The NSE Nifty barometer rose 22.10 points, or 0.28 per cent, to end above the 7,900-mark for the first time at
7,913.20 after software stocks led by Infosys surged. The Nifty also hit a new all-time intra-day peak of 7,929.05,
surpassing its previous record of 7,922.70 hit on August 20.
The BSE 30-share barometer spurted 59.44 points, or 0.23 per cent, to close at 26,419.55, just missing previous
record closing high of 26,420.67 reached on August 19. During todays session, it touched a high of 26,508.27.
The gauge had gained 45.82 points in Thursdays session.
Mid-caps out-performed larger peers, indicating greater interest from non-institutional players. Reduced geopolitical tensions and optimism on future growth buoyed sentiments, said Dipen Shah, Head-PCG Research, Kotak
Securities.
A firming trend in other Asian markets after the US markets closed at another record-high on Thursday also helped.
Hindalco was the best gainer today among the 30-share Sensex as it jumped 2.36 per cent.
Among software exporters stocks, Infosys gained 1.65 per cent, TCS 1.22 per cent and Wipro 1.19 per cent, lifting the
broad-based Nifty to all-time high.
In the banking space, stocks of SBI, Axis Bank and HDFC Bank witnessed good buying activity.
Sectorally, the BSE IT sector index rose the most by rising 1.63 per cent, followed by Banking 1.03 per cent, Teck 0.97
per cent, Capital Goods 0.16 per cent, Metal 0.16 per cent, Healthcare 0.13 per cent and Auto 0.08 per cent.
Sustained money pumped into markets by foreign investors - the main market mover - was seen across the board. FIIs
http://www.thehindu.com/business/markets/nifty-ends-above-7900mark-sensex-up-59-points/article6342192.ece?css=print

1/2

8/24/2014

Nifty ends above 7,900-mark; Sensex up 59 points - The Hindu

bought shares worth a net Rs. 412.77 crores on Thursday as per provisional data from bourses.
Keywords: Sensex, Nifty, BSE sensex, Asian markets
Printable version | Aug 24, 2014 7:24:02 PM | http://www.thehindu.com/business/markets/nifty-ends-above7900mark-sensex-up-59-points/article6342192.ece
The Hindu

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8/27/2014

Sensex,Nifty hit new peaks on Eurozone stimulus hopes, US data - The Hindu

B u sine ss M ark e ts
Published: August 27, 2014 16:32 IST | Updated: August 27, 2014 16:32 IST

Sen sex,Nifty h it n ew peak s o n Eu ro z o n e stim u lu s h o pes, US data


PTI

Indian stocks rose for the fifth day with benchmark Sensex on Wednesday vaulting 117.34 points to a new closing peak
for the third session in a row on hopes of fresh stimulus in Eurozone and positive Asian cues after investors welcomed
data indicating the U.S. economy is back on track.
Across-the-board gains were also seen on continued foreign funds inflows amid investors churning portfolios ahead of
monthly expiry in equity derivatives on Thursday, say brokers.
The 30-share BSE Sensex touched an intra-day high of 26,599.12 points on rise in ICICI Bank, ONGC, Tata Motors,
Dr Reddy, Wipro, Infosys, Hindalco and HeroMotocorp shares.
It surrendered some of gains later but managed to settle at new record high of 26,560.15, logging a rise of 117.34
points, or 0.44 per cent. It surpassed previous record peaks of 26,442.81 hit on Tuesday and 26,437.02 on August 25.
In five days, the Sensex has gained about 246 points.
Positive global cues and likelihood for further monetary stimulus from European Central Bank (ECB) boosted the
market sentiment...stocks from oil & gas sector also gained on hopes of proper reforms for subsidies, said Nidhi
Saraswat, senior research analyst, Bonanza Portfolio.
Similarly, the 50-share NSE Nifty gained 31.30 points, or 0.40 per cent, to settle at new closing peak of 7,936.05,
surpassing earlier record closing high of 7,913.20 hit on August 22. Intra-day on Wednesday, it touched high of
7,946.85.
On Tuesday, Nifty had fallen by 1.55 points.
Ongoing bull-run suggests that Nifty is fast approaching towards the magic 8,000-mark said Deepak Pahwa, a
Delhi-based stockbroker.
ONGC was the biggest gainer among Sensex scrips rising 2.31 per cent on reports of governments stake sale plan in
the company, followed by ICICI Bank by 2.05 per cent. Overall, 21 Sensex stocks gained while 9 constituents declined.
Sector-wise, the BSE Oil & gas index rose the most (0.84 per cent), followed Auto 0.81 per cent, IT 0.75 per cent and
Consumer Durables 0.64 per cent. Midcap index ended 0.73 per cent up and Smallcap barometer jumped 0.79 per
cent.
Foreign Portfolio Investors (FPIs) had bought shares worth a net Rs. 364.72 crore on Tuesday.
Most Asian indices rose tracking U.S. stocks that jumped anew on Tuesday after data showed consumer confidence
rose in August for a fourth straight month, to its strongest level since February 2008. Also, durable goods orders
surged in July to a new monthly record.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges, stock markets
Printable version | Aug 27, 2014 6:45:29 PM | http://www.thehindu.com/business/markets/sensexnifty-hit-newpeaks-on-eurozone-stimulus-hopes-us-data/article6356743.ece
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8/29/2014

Sensex hits new peak of 26,642.81 on capital inflows - The Hindu

B u sine ss M ark e ts
Published: August 28, 2014 10:16 IST | Updated: August 28, 2014 10:16 IST

Sen sex h its n ew peak o f 26,642.8 1 o n capital in flo w s


PTI

Continuing its winning streak for the sixth straight session, the benchmark BSE Sensex on Thursday climbed over
82 points to hit yet another record of 26,642.81 in opening trade, led by wide-spread gains on sustained capital
inflows.

PTI

Besides, covering-up of pending short positions by speculators on the last day of August series expiry in the
derivatives segment also buoyed market sentiments.
The BSE 30-share barometer spurted by 82.66 points, or 0.31 per cent, to trade at new life-time high of 26,642.81,
surpassing earlier record of 26,630.74 hit on August 25. The Sensex had gathered about 246 points in the past five
days.
The NSE Nifty also maintained its rising trend and gained 28.60 points, or 0.36 per cent, to trade at 7,964.65 just
shying away from its life-time high of 7,968.25 reached on August 25.
Besides widespread buying by funds and retail investors was seen on expectations of pick-up in foreign funds inflows
after government notified increase in FDI limit to 49 per cent through approval route in the defence sector, brokers
said.
Further, a mixed trend in other Asian markets and a higher closing on the US markets influenced the trading
sentiments, they said.
Among other Asian markets, Hong Kongs Hang Seng was up 0.55 per cent, while Japans Nikkei shed 0.34 per cent in
early trade on Thursday.
The US Dow Jones Industrial Average ended 0.09 per cent higher in Wednesdays trade.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges, stock markets
Printable version | Aug 30, 2014 4:03:53 AM |
http://www.thehindu.com/business/markets/sensex-hits-new-peak-of-2664281-on-capitalinflows/article6359560.ece

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Advancing stocks outnumbered declining ones on the NYSE by 2,117
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9/2/2014

Sensex, Nifty touch record highs - The Hindu

B u sine ss M ark e ts
Published: September 2, 2014 16:52 IST | Updated: September 2, 2014 16:53 IST

Sen sex, Nifty to u ch reco rd h igh s


IANS

Brokers said sentiment bolstered on the back of continued capital inflows, driven by positive economic data.

The Hindu

Sen sex o n Tu esda y ro se by 15 1 po in ts to su rpa ss th e 27,0 0 0 m a rk f o r th e f irst tim e a n d Nif ty h it th e rec o rd 8 ,10 0 lev el o n bu y in g by
f o reig n f u n ds

The benchmark index of Indian equities markets breached the 27,000-mark for the first time to hit a record high of
27,082.85 points Tuesday surpassing its previous peak of 26,900.30 points scaled Sep 1.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 26,888.21 points,
closed trade at 27,019.39 points (provisional), up 151.84 points or 0.57 percent from the previous days close at
26,867.55 points.
The Sensex touched a high of 27,082.85 points and a low of 26,886.22 points in the intra-day.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) which crossed the 8,000-mark for the first time
Monday hit a new record high of 8,101.95 points.
The Nifty closed trade at 8,083.05 points 55.35 points or 0.69 percent up from its previous close.
On Monday, the Sensex had hit a record high of 26,900.30 points, surpassing its previous peak of 26,674.38 points
scaled Aug 28.
Healthy buying was observed in consumer durables, healthcare, bank, oil and gas and fast moving consumer durables
(FMCG) index, while heavy selling was seen in metal, capital goods index.
The S&P BSE consumer durables index was up 273.12 points, healthcare was higher by 246.66 points, bank index
rose by 116.85 points, oil and gas index increased by 113.34 points and FMCG index augmented by 53.42 points.
However, metal index was down 103.82 points and capital goods index was lower by 11.05 points.
Keywords: Sensex, record highs, Sensex closing rate
Printable version | Sep 2, 2014 8:03:52 PM | http://www.thehindu.com/business/markets/sensex-nifty-touchrecord-highs/article6373055.ece
The Hindu
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9/3/2014

Sensex hits new record-high of 27,148.90; Nifty at 8,119.80 - The Hindu

B u sine ss M ark e ts
Published: September 3, 2014 10:23 IST | Updated: September 3, 2014 10:23 IST

Sen sex h its n ew reco rd-h igh o f 27,148 .90; Nifty at 8 ,119.8 0
PTI

Continuing its rising streak for the ninth straight session, the benchmark BSE Sensex rose over 129 points to hit a
new high of 27,148.90 in opening trade on Wednesday on sustained foreign capital inflows coupled with a firming
trend on other Asian bourses.
The 30-share index, which had gained over 705 points in the previous eight sessions, gathered another 129.51 points,
or 0.47 per cent, to trade at a new peak of 27,148.90, surpassing its earlier record of 27,082.85 touched on Tuesday
(intra-day).
All the sectoral indices, led by teck, consumer durables, infrastructure and oil & gas, were trading in positive territory
with gains up to 0.93 per cent.
Maintaining its record-breaking spree, the NSE Nifty also shot up by another 36.75 points, or 0.45 per cent, to hit a
fresh life-time high of 8,119.80, crossing its previous record of 8,101.95 hit on Tuesday.
Brokers said sentiments remained buoyant with key indices soaring to new highs on sustained foreign capital inflows
and widespread buying by retail investors, driven by positive economic data such as better-than-expected GDP
growth in first quarter and narrowing CAD.
Besides, positive global factors with crude oil prices falling to multi-month lows and a firming trend on other Asian
markets boosted investor sentiments, they said.
Among other Asian markets, Japans Nikkei rose 0.82 per cent, while Hong Kongs Hang Seng gained 0.15 per cent in
early trade on Tuesday.
The US Dow Jones Industrial Average, however, closed 0.18 per cent lower in Tuesdays trade.
Keywords: Sensex, Nifty, Sensex opening rate, BSE, NSE
Printable version | Sep 3, 2014 10:04:16 PM |
http://www.thehindu.com/business/markets/sensex-hits-new-recordhigh-of-2714890-nifty-at811980/article6375523.ece

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9/3/2014

Sensex, Nifty scale new highs as markets rise for ninth day - The Hindu

B u sine ss M ark e ts
Published: September 3, 2014 17:10 IST | Updated: September 3, 2014 17:10 IST

Sen sex, Nifty scale n ew h igh s as m ark ets rise fo r n in th day


PTI

Surging for the ninth straight session, the BSE Sensex gained about 125 points on Wednesday to close at fresh peak of
27,139.94 as IT stocks led rally powered by positive economic data and continued overseas fund inflows.
The wide-based NSE Nifty index rose by 31.55 points to close at record 8,114.60 points. The index touched intra-trade
record high of 8,141.90 points, surpassing previous record of 8,101.95 hit on Tuesday.
The 30-share Sensex opened on a strong footing and rose quickly to new intra-day high of 27,225.85 points as buying
momentum picked up.
But gains were capped by profit-booking at record levels and the barometer settled at 27,139.94 - fresh record closing
level - with net gains of 120.55 points or 0.45 per cent over last close.
The Sensex bettered its previous closing peak of 27,019.39 hit on Tuesday. The gauge has now gathered over 825
points in nine straight sessions.
Shares, spread over a broad front, have been hitting new highs for the past few sessions on optimism that the
Narendra Modi-led government would announce more reforms that could bring economy back on track.
IT stocks, led by TCS, were in the limelight on fresh spell of buying after bullish US manufacturing and construction
data. TCS, Infosys and Wipro rose between 2.45 per cent and 3.4 per cent.
Half of the 30 Sensex stocks closed with gains while the rest ended lower.
Brokers said narrowing current account deficit, better-than-expected GDP growth in April-June quarter continued
fund flows. Softening crude prices, hovering at multi-months low have buoyed trading sentiments.
Foreign Portfolio Investors (FPIs) bought shares worth a net Rs 672.81 crore on Tuesday as per provisional data from
the stock exchanges.
Sectorwise, the BSE IT index rose the most by 2.50 per cent, followed by the Teck index by 2.21 per cent and Realty
index by 2.15 per cent.
Keywords: Stock market, BSE, Sensex, Nifty, Overseas funds flow, FDI, IT Index
Printable version | Sep 3, 2014 10:06:24 PM | http://www.thehindu.com/business/markets/sensex-nifty-scale-newhighs-as-markets-rise-for-ninth-day/article6376352.ece
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9/7/2014

Stocks End the Week in Rally Mode | Fox Business


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9/7/2014

Stocks End the Week in Rally Mode | Fox Business

The Dow Jones industrial average gained 67.78 points, or 0.4

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percent, to 17,137.36. The Nasdaq composite gained 20.61 points,

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or 0.5 percent, to 4,582.90.


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slowdown in the pace of hiring was not strong enough to suggest that
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reports earlier this week that showed the economy is still
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Bond prices initially rose on the disappointing hiring news. The yield
on the 10-year Treasury note, which moves in the opposite direction
of price, dropped as low as 2.41 percent, before gradually giving up
most of its gains throughout the day and edging up to 2.46 percent
from 2.45 percent on Thursday. The yield has slumped from 3 percent
at the start of this year.
The early drop in bond yields boosted demand for utility stocks. The
lower bond yields are, the more attractive dividend-rich utilities
appear to investors who are looking for an income. The slump in bond
yields this year has helped make the utilities sector the second-best
performer in the S&P 500 index, with a gain of 14 percent.
Among individual stocks making big moves Friday, Vertex
Pharmaceuticals was the biggest gainer in the S&P 500 index.
The drugmaker's stock rose $3.49, or 3.8 percent, to $95.04 after
analysts at Goldman Sachs raised their rating on the stock to "buy"
from "neutral," citing the outlook for the company's cystic fibrosis
treatment.
Michael Kors was the biggest decliner in the index.

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9/7/2014

Stocks End the Week in Rally Mode | Fox Business

The clothing retailer fell $3.58, or 4.5 percent, to $76.39 after


Sportswear Holdings, one of its principal founding stockholders, said
it was selling its remaining shares in the luxury retailer. Sportswear
Holdings had a 5.7 percent stake in the company.
In currency trading, the euro rebounded from a slump on Thursday,
when the European Central Bank surprised markets by cutting interest
rates and announcing a new stimulus program. Europe's single
currency rose 0.1 percent to $1.2952 Friday. The dollar was at 105.07
yen after rising as high as 105.71 yen, the highest level since October
2008.
The price of oil fell further after slumping Thursday, when a report
showed that U.S. crude supplies fell less than expected. Benchmark
crude oil closed down $1.16, or 1.2 percent, to $93.29 a barrel in New
York after falling $1.09 on Thursday. In other energy trading on the
New York Mercantile Exchange wholesale gasoline dropped 1.7
cents to $2.583 a gallon, heating oil lost 1.7 cents to $2.819 a gallon
and natural gas fell 2.6 cents to $3.793 per 1,000 cubic feet.
Most metals rose. Gold closed up 80 cents, or 0.1 percent, at
$1,267.30 an ounce. Silver edged up 1.8 cents, or 0.1 percent, to
$19.16 an ounce. Copper prices also gained, climbing to 1.8 cents,
or 0.6 percent, to $3.17 per pound.

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Stocks End the Week in Rally Mode | Fox Business


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9/8/2014

Sensex surges to new high - The Hindu

B usine ss M arke ts
Published: September 8, 2014 17:06 IST | Updated: September 8, 2014 23:50 IST

Sen sex su rges to n ew h igh


Special Correspondent

Stock markets hit fresh highs on Monday on the back of gains in refinery, IT, metal and capital goods shares amid robust fund inflows. (File
photo)

AP

Oil sto c k s lea d th e ra lly a s Sen sex rises 293.15 po in ts a n d Nif ty su rg es 8 7.0 5 po in ts o n Mo n da y .

Stock indices surged to all-time high on Monday following investors keen interest in equities amid hopes of strong a
growth in the economy as rupee hit a high of 60.21 a dollar at the inter-bank foreign exchange market.
The rupee, however, closed at 60.29 against its previous close of 60.39 a dollar last Friday.
The S&P BSE Sensex closed at 27319.85 with a gain of 293.15 points or 1.08 per cent. It touched a high of 27354.99
intra-day.
Among broader indices, BSE 100 was up by 1.11 per cent, BSE 200 1.14 per cent and BSE 500 1.17 per cent. While
mid-cap stocks gained by 1.29 per cent, the small-cap stocks shot up by 2.11 per cent.
Shares of oil marketing companies surged as crude oil prices dipped in the global markets.
http://www.thehindu.com/business/markets/sensex-nifty-hit-new-peaks-oil-stocks-lead-rally/article6391231.ece?css=print

1/2

9/8/2014

Sensex surges to new high - The Hindu

The rise among sectoral indices was led by oil & gas stocks by 1.79 per cent followed by FMCG 1.40 per cent, banks
1.38 per cent and capital goods 1.29 per cent. Except consumer durables, which lost 0.22 per cent, all other sectoral
indices have ended in the positive territory.
On the National Stock Exchange (NSE), the 50-share Nifty closed at 8173.90 with a gain of 87.05 points.
After a brief pause, the markets have once again resumed their uptrend in the past few days. Especially mid-cap
stocks are once again flying. This should not be a surprise, as we have been reiterating that there is a lot of value on
this market ,and that equities are headed for a long bull run, said Vaibhav Agrawal Vice President-Research, Angel
Broking.
Keywords: Stock markets, sensex, Nifty, closing trade
Printable version | Sep 9, 2014 12:39:16 AM | http://www.thehindu.com/business/markets/sensex-nifty-hit-newpeaks-oil-stocks-lead-rally/article6391231.ece
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9/12/2014

Sensex regains 27,000-mark - The Hindu

B usine ss M arke ts
Sen sex regain s 27,000-m ark
PTI

The Sensex and the Nifty opened the session marginally in the green amid weak Asian cues on Friday. File photo

AP

Sto c k s o f c o n su m er du ra bles, P SU, I T, in f ra stru c tu re a n d FMCG sec to rs led th e rec o v ery .

The benchmark BSE Sensex on Friday regained the 27,000-mark by rising over 53 points in early trade, snapping its
three-session falling streak, as participants made selective buying ahead of the industrial output data for July and
retail inflation numbers for August.
Stocks of consumer durables, PSU, IT, infrastructure and FMCG sectors led the recovery.
The 30-share index gained 53.27 points, or 0.20 per cent, to trade above the 27,000-level at 27,049.14. It had lost
nearly 324 points in the past three sessions.
The National Stock Exchange Nifty moved up by 12.50 points, or 0.15 per cent, to 8,098.20.
Brokers said fresh buying by speculators and funds ahead of industrial production (IIP) data for July and inflation for
August, to be released later in the day, contributed to the rise.
Besides, a mixed trend in other Asian markets influenced trading sentiments, they said.
Among other Asian markets, Hong Kongs Hang Seng was down 0.36 per cent while Japans Nikkei rose 0.39 per cent
in early trade today.
The U.S. Dow Jones Industrial Average ended 0.12 per cent lower in on Thursdays trade.
Keywords: Sensex, BSE, Nifty, NSE, India stock markets

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9/16/2014

Stocks End Higher Despite Mixed Fed Messages | Fox Business

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9/17/2014

Sensex rebounds 138 points - The Hindu

B usine ss M arke ts
Published: September 17, 2014 16:43 IST | Updated: September 17, 2014 16:43 IST

Sen sex rebo u n ds 138 po in ts


PTI

Snapping a two-day downtrend, the benchmark Sensex on Wednesday rose over 138 points on the back of gains in IT,
power and auto scrips amid positive global sentiments on hopes of Fed maintaining lower interest rates.
The 30-share BSE barometer closed at 26,631.29 points, up by 138.78 points, or 0.52 per cent over last close after
rising to 26,682.64 intra-day.
In the previous two sessions, the index lost 568.53 points as foreign funds and retail investors pulled off cash off the
table on fears the Fed will bring forward its timetable for hiking rates as the economy picks up speed.
The 50-share NSE Nifty also rose by 42.60 points or 0.54 per cent to 7,975.50, ending two straights days of decline.
Global markets in Asia and Europe also rose on speculation China will give its banks some fresh loans.
Speculation that Fed would maintain its interest rates low and boost growth for now and that Chinas central bank
will provide the countrys big banks with fresh loans keep markets and commodities markets globally upbeat, said
Rakesh Goyal, Senior Vice President, Bonanza Portfolio.
Stocks of IT companies that get more than 60 per cent of their revenue from the US led rebound on the bourses as
buying intensified.
Infosys rose 2.29 per cent, TCS gained 1.31 per and Wipro was up 1.41 per cent.
Dr Reddys surged 2.52 per cent, logging the best gains among 30 constituents of Sensex.
Other gainers which supported the BSE index were Tata Power, Tata Motors, Tata Steel, BHEL, Bajaj Auto, Maruti
Suzuki, M&M, Hero MotoCorp, ITC, L&T and RIL.
On the other hand, 10 Sensex stocks ended down led by Cipla and Coal India.
With the improvement in the markets scenario, the mid cap and small cap indices also turned active with buying
seen in several of its constituents. Midcap index was up 0.25 per cent and Smallcap rose 0.31 per cent.
Sector-wise, IT index outshined other sectors. The BSE IT sector index gained the most by rising 1.52 per cent,
followed by Power sector index (up 1.35 per cent), Teck index (1.26 per cent), Auto index (1.02 per cent), Capital
Goods index (0.81 per cent) and Realty index (0.51 per cent).
FMCG index (0.26 per cent), Healthcare index (0.28 per cent) and Oil & Gas index (0.21 per cent) and Metal index
(0.27 per cent) also gained moderately.
Keywords: Ssnex close, positive global sentiments, IT stocks
Printable version | Sep 18, 2014 5:44:08 AM | http://www.thehindu.com/business/markets/sensex-rebounds-138points/article6419533.ece
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1/1

9/18/2014

Markets cheer Fed policy, China ties; indices up - The Hindu

B usine ss M arke ts
Published: September 18, 2014 16:42 IST | Updated: September 18, 2014 16:42 IST

Mark ets ch eer Fed po licy, Ch in a ties; in dices u p


PTI

PTI Graphics

Markets on Thursday rose the most in over 3 months with Sensex jumping 481 points to 27,112.21 and Nifty
soaring over 139 points to 8,114.75 as FIIs pumped funds on Feds pledge to retain rates at low levels for a considerable
time and rising optimism over Indias trade ties with China.
With Dow Jones surging to record overnight, most Asian and European markets rose after the U.S. central bank stuck
to a plan to begin raising near-zero interest rates only in 2015.
The 30-share BSE Sensex after opening in the negative zone rebounded to close above the key 27,000-mark for the
first time since September 12. It ended at 27,112.21, gaining 480.92 points, or 1.81 per cent. This is its biggest single
session gain in over 3 months since June 2 (467.51 points).
The gauge had gained over 138 points on Wednesday.
The Fed policy announcement on Wednesday night allayed fears of capital outflows. With US rate rise possibilities
becoming a more distant reality, emerging economies including India can expect to keep their hot monies hot for
some more time, said Debopam Chaudhuri, Chief Economist, ZyFin Research.
Domestic investors also cheered stronger trade ties with China with the country committing investments worth $20
billion in India over the next five years.
Participants were truly excited by the prospects of huge investments by China in Indias infrastructure, railway &
manufacturing projects, said Devang Mehta, Sr. VP & Head -- Equity Advisory, Anand Rathi Financial Services.
Buying was strong with all sectoral indices led by realty, consumer durables and capital goods ending in positive zone
with gains of up to 4.65 per cent. In the 30-Sensex constituents, 28 ended higher while two shares ended lower.
The 50-share NSE Nifty regained 8,100 level and touched the days high of 8,120.85 before settling 139.25 points
higher at 8,114.75. Initially, it had fallen to 7,939.70.
http://www.thehindu.com/business/markets/markets-cheer-fed-policy-china-ties-indices-up/article6422907.ece?css=print

1/2

9/18/2014

Markets cheer Fed policy, China ties; indices up - The Hindu

Thursdays 139.25-point gain is also Niftys biggest rise in over months since June 2 (132.55 points).
Shares of Hero MotoCorp stole the show by rising 5.57 per cent after the company entered into a pact with
Government of Andhra Pradesh for setting up a two-wheeler plant in Chittoor.
Stocks of Sun Pharmaceutical Industries ended 1.63 per cent higher after the company entered into a licensing
agreement with Merck & Co. Other major gainers included HDFC (3.73 pc), BHEL (3.51 pc), Bajaj Auto (3.47 pc), Dr
Reddys (3.34 pc), L&T (3.57 pc), Tata Motors (3.70 pc), Maruti Suzuki (2.48 pc), Tata Power (2.86 pc), Tata Steel
(1.60 pc) and Wipro (2.40 pc).
Keywords: BSE, NSE, Sensex, Nifty, Fed policy, Sino-India bilateral ties
Printable version | Sep 19, 2014 5:45:52 AM | http://www.thehindu.com/business/markets/markets-cheer-fedpolicy-china-ties-indices-up/article6422907.ece
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9/18/2014

The Dow Posts a Third Straight Record Close | Fox Business

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Pub lished Septemb er 18, 2014 / Associated Press


Pr int
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Developing:
The U.S. stock market is closing at record highs following another

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The Standard & Poor's 500 index rose nine points, or 0.5 percent, to
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average climbed 109 points, or 0.6 percent, to 17,265 also a record.

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The Nasdaq composite jumped 31 points, or 0.7 percent, to 4,593.


Fewer Americans filed first-time claims for unemployment benefits
last week, according to the Labor Department. Weekly applications

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market?

fell 36,000 to 280,000, well below economists' forecasts.


Also, the Federal Reserve on Wednesday made clear it would keep
interest rates at record lows for a while. Low rates have boosted the
market by helping revive the economy and making stocks more
attractive compared with bonds.

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Stocks Gain Steam on the Fed, Jobs Data


By Michael Goldstein / Market Radar / Pub lished Septemb er 18, 2014 / FOXBusiness
Pr int
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Com m ents

Tr ending

U.S. markets saw another day in the green and added to

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Wednesdays gains following the Fed statement that interest rates


would remain low. While August housing starts came in below
projections, weekly initial jobless claims were lower than economists
had estimated, which fueled stock momentum.

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Taking their Toll

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And This One's
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Crude oil slid for the second day, settling down $1.35 at $93.07 per
barrel, losing 1.43%. Gold also settled lost ground Thursday, settling

Nevada Rolls Snake

at $1,226.9 per ounce, down $9, or 0.73%.

Eyes on Tesla

All of the major indexes ended in the green for the second
consecutive day, with the Dow Industrials (DJI) hitting a new record
close of 17,265.99, gaining 109.14 points or 0.64%. The S&P 500

FedEx Expecting

(GSPC) also closed at a new record high of 2,011.36, gaining 9.79

Record Holiday
Season

points on the day, up 0.49%.


The NASDAQ Composite (IXIC) gained as well, rising 31.24 points
to close at 4,593.43, up 0.68%. The NASDAQ 100 followed suit,

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The small cap Russell 2000 closed at 1,159.27, up 0.47% or 5.38

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points, while The Fox 50 also climbed to a new high of 1,423.50,

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gaining 7.58 points (up 0.54%).

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Share
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9/24/2014

WTI Crude Oil, Gas, and Metals Prices.html

WTI Crude Oil

$91.56

0.69

0.75%

2014.09.23 en d -o f-d ay

Co mmo dities
Crud e Oil

91.56

+0.75%

Na tura l G a s

3.82

-0.89%

G a soline

2.63

+1.67%

He a ting Oil

2.68

G old

1221.00

+0.34%

Silve r

17.71

+0.08%

Cop p e r

3.03

2014.09.23 end-of-day

Add to your site

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Price

Change

2014.09.23 - $ 91.56

0.69 0.75%

1 Year Forecast

$105 / Barrel

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Pub lished Septemb er 24, 2014 / Reuters

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U.S. stocks jumped in a broad advance on Wednesday, with the S&P

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500 snapping a three-day losing streak and climbing back above a

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key technical level in a move that pointed to improving near-term


momentum.
The day's gains were spread across industries, with nine of the ten

What Social

primary S&P 500 sectors up on the day, though healthcare and

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biotechnology stocks led the gains. Housing stocks also rose

Retire

following bullish data on the sector.


Treasury

The S&P posted its biggest one-day advance in more than a month

Department Takes
Aim at Corporate

and closed above its 14-day moving average, which it had ended

Inversions

under for the previous two sessions. The day's advance continues a
long-running trend of investors buying on dips.

Wall Street Closes


Dow n on

At its session low on Wednesday, the benchmark index neared its 50-

Geopolitical Tension

day moving average before rebounding. If that level continues to serve


as support, it could provide a floor against deeper equity losses. The
S&P hasn't had a correction, defined as a 10 percent decline from a
peak, since 2012.

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Markets Close on a High Note | Fox Business

"We're having a nice bounce on the housing data, which hasn't been
very good in a while, and people are buying the recent dip," said Tim
Ghriskey, chief investment officer of Solaris Group in Bedford Hills,
New York. "This is a market that continues to attract capital from other
asset classes, because where else can investors go for yield?"
New home sales jumped sharply in August, easing concerns over the
sector stemming from Monday's weak report on existing home sales.

Ackman threatens to sue Allergan


over Salix deal
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Mak ing Money With Char les Payne: 09/23/14

The PHLX Housing index rose 0.6 percent.


Equities were also supported after a top Federal Reserve official said
at a conference that the Fed should be "exceptionally patient" in
removing monetary policy accommodation.
The Dow Jones industrial average rose 155.6 points, or 0.91 percent,
to 17,211.47, the S&P 500 gained 15.65 points, or 0.79 percent, to
1,998.42 and the Nasdaq Composite added 46.53 points, or 1.03
percent, to 4,555.22.
In company news, Bed Bath & Beyond jumped 7.3 percent to $67.28
as the biggest S&P 500 gainer a day after reporting earnings and
revenue that beat expectations.
The Nasdaq biotech index rose 2.8 percent in its biggest one-day
advance since July 18. Among specific names, Vertex Pharma
climbed 6.7 percent to $111.91 while Alexion Pharma added 6.4
percent to $168.79 and Biogen rose 4.3 percent to $346.41.
Biotech stocks had fallen in Monday's and Tuesday's sessions,
pressured as investors took profits in the high-flying group, which
many traders view as overvalued.
After the market closed, Jabil Circuit shares rose 5.8 percent to
$22.06 in extended trading after the company reported its results.
About 56 percent of stocks traded on the New York Stock Exchange
ended higher while 64 percent of Nasdaq-listed names closed in
positive territory.
About 5.63 billion shares traded on all U.S. platforms, according to
BATS exchange data, compared with the month-to-date average of
6.01 billion.
(Editing by Meredith Mazzilli)
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Markets Close on a High Note | Fox Business


War r en Buffett is Once Again Doing the Oppos ite of the
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Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$96.95

0.10

0.10%

2014.09.24 en d -o f-d ay

WTI Crude Oil

$92.80

1.24

1.34%

2014.09.24 en d -o f-d ay

Co mmo dities
Crud e Oil

92.80

+1.34%

Na tura l G a s

3.91

+2.43%

G a soline

2.66

+1.32%

He a ting Oil

2.69

+0.21%

G old

1218.60

-0.20%

Silve r

17.64

-0.40%

Cop p e r

3.06

+0.82%

2014.09.24 end-of-day

Add to your site

Crud e Oil Price b y OIL-PRICE.NET

Price

Change

2014.09.24 - $ 92.80

1.24 1.34%

1 Year Forecast

$106 / Barrel

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Wall Street Bounces Back | Fox Business

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What's this?

Mor ning Biz Outlook

Home Depot hackers start


charging cards

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w hile driving

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U.S. Crude Rises on Economic Data, Strong Products Market | Fox Business

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Pr int
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U.S. crude oil rose on Monday backed by strong U.S. economic data,
while Brent edged up after nearing a two-year low last week.
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With U.S. refinery maintenance season around the corner, analysts


said, prices for U.S. crude, or West Texas Intermediate (WTI), may
come under pressure. Gasoline prices have risen around 6 percent in
the last two weeks because of refinery maintenance shutdowns, and
strength in gasoline has supported crude prices.

Thiel: We have a
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"I think demand by U.S. refiners to make product to export is definitely


supporting WTI prices," said Gene McGillian, an analyst at Tradition
Energy in Stamford, Connecticut. "Looking overseas, reports that

Regulations costing
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Libya's production has climbed back ... means we don't have supply
disruptions."
U.S. crude for November delivery rose $1.03 to settle at $94.57 while
Brent rose 20 cents to settle at $97.20 a barrel.

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As families flee coal

The U.S. crude contract saw a slight bump in the afternoon after data

country, schools get


shuttered, and

showed seasonal refinery maintenance on the U.S. Gulf Coast will

communities lose

peak next month at some 500,000 barrels per day, while crude unit

their hubs

outages will ease quickly in November, according to IIR data.


Doing it All can
Mean Losing it All!

U.S. crude futures traded up some 26 cents over the next half hour on
news that refinery maintenance was set to shut 720,000 bpd of crude
unit capacity in October vs the 901,000 bpd five-year average.

Fed's Evans:

Meanwhile, Brent's premium over WTI <CL-LCO1=R> narrowed to

Inflation Still
'Stubbornly Low '

the smallest in 12 months, touching $2.57 a barrel, before widening to


$2.63 a barrel.

Rep. Ryan: Were

Analysts and traders said that when maintenance season pressures

not ready for the

U.S. crude prices, there will be an opportunity for a wider arbitrage.

number of boomers
set to retire

"The equity market was so beat down this morning, so I think the
strength in oil is following the surge back," said Phillip Streible, senior
market strategist at RJO Futures in Chicago. "I don't think we're going
to see much more of a narrowing in positions (WTI vs Brent). I think

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traders will be looking for an opportunity to sell WTI."


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1/3

9/29/2014

U.S. Crude Rises on Economic Data, Strong Products Market | Fox Business

Overseas, Chinese industrial profits fell 0.6 percent in August from a

Mar k et Str eam

year earlier, a reversal from July's 13.5 percent rise. The country, the
world's No. 2 economy, has also had problems with unsteady exports,
a housing downturn and cooling investment growth.
OPEC RESPONSE?
Iran has urged OPEC members to make coordinated efforts to help

Hong Kong protests weigh on the


markets

stem the decline in oil, but that has highlighted a split with others in the

Activis t inves tor calls for Yahoo, AOL to join


for ces

oil producers' group such as Saudi Arabia, which is playing down the

A m ar k et day for the bear s

price drop.
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Providing some support, a strike has trimmed Libya's oil output by


25,000 barrels a day to 900,000 bpd, a spokesman for state-run
National Oil Corp (NOC) said on Sunday, but production is still up
from a low of 200,000 bpd earlier in the year.

AAPL

APPLE INC.

BABA

ALIBABA GROUP...

In early trade, the dollar hit a four-year peak against a basket of


currencies, pressuring oil by making commodities priced in

FORD MOTOR CO...

greenbacks more expensive for buyers using other currencies.

BAC

Analysts said that Brent may have more room to fall, particularly as the

GE

BANK OF AMERI...

GENERAL ELECT...

-0.64%
Sept 29

-1.89%
Sept 29

-7.47%
Sept 29

-0.12%
Sept 29

-0.82%
Sept 29

100.11
4:14 PM

88.75
4:00 PM

15.11
4:00 PM

17.01
4:03 PM

25.42
4:00 PM

U.S. dollar looks to strengthen ahead.


"There's a feeling that if you wait, the dollar will get stronger," said
Walter Zimmerman, chief technical analyst at United-ICAP. "That's
real negative for Brent crude."
(By Catherine Ngai; Additional reporting by David Sheppard and
Sam Wilkin in London, James Topham in Tokyo; Editing by Michael
Urquhart, David Evans and Steve Orlofsky)
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U.S. Crude Rises on Economic Data, Strong Products Market | Fox Business

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WTI Crude Oil, Gas, and Metals Prices.html

WTI Crude Oil

$91.01

0.28

0.31%

2014.10.02 en d -o f-d ay

Co mmo dities
Crud e Oil

91.01

+0.31%

Na tura l G a s

3.93

-2.31%

G a soline

2.41

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He a ting Oil

2.64

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G old

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Silve r

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Cop p e r

3.00

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2014.10.02 end-of-day

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Crud e Oil Price b y OIL-PRICE.NET

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Change

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file:///C:/Users/Srinivas%20V.%20Vadde/Desktop/WTI%20Crude%20Oil,%20Gas,%20and%20Metals%20Prices.html

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10/3/2014

Stocks Rally on Upbeat September Jobs Report | Fox Business

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By Matthew Rocco / Pub lished Octob er 03, 2014 / FOXBusiness

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Pr int
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Stocks posted a big rally Friday in the wake of a better-than-expected

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The Dow Jones Industrial Average surged 208 points, or 1.2%, to

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17009, the S&P 500 climbed 21.7 points, or 1.1%, to 1967, and the

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Nasdaq Composite gained 45.4 points, or 1%, to 4475.

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However, all three major indices still closed the week in negative

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territory, with Wednesdays sharp selloff proving too much to

'danger signs' of a

overcome.

sell-off as bonds
soar, flaw s in
trading system

Wall Street has seen volatility increase in recent weeks amid

emerge

questions over the timing of interest rate hikes by the Federal

The Right Way to

Reserve. Escalating battles with Islamic State terrorists in the Middle

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East, as well as protests in Hong Kong, has also weighed on

Retirement

sentiment.

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transports sector fly higher

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10/3/2014

Stocks Rally on Upbeat September Jobs Report | Fox Business

On Friday, an upbeat jobs report gave Wall Street a boost as traders

What's this?

gained confidence that economic growth will remain on track once the

Mor ning Biz Outlook

Fed moves on interest rates.


The U.S. Labor Department said the economy added a seasonally
adjusted 248,000 jobs in September. That topped a consensus
estimate of 215,000. The unemployment rate dropped to 5.9%, the
first reading below 6% since 2008, although participation in the labor

Morning Business Outlook: 10/3/14

force ticked lower.


FAA Or der s Air lines to Replace Thous ands of
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Following the jobs report, gold prices slipped to four-year lows.

Toyota Recalls 690,000 Tacom a Pick up Tr uck s ,


Super valu and Alber ts ons Hack ed

On the corporate front, General Motors (GM) announced two recalls


and a stop-delivery order for its new 2015 mid-size pickup trucks.
Shares rose 1.8% to $33.76.

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AAPL

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Trades in RadioShack (RSH) were halted early Friday after reports of


a $585 million financing package led by hedge fund Standard
General.

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BAC

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In commodities, West Texas Intermediate crude oil fell $1.40 higher,


or 1.5%, to $89.61 a barrel. Wholesale New York Harbor gasoline
dropped three cents to $2.37 a gallon.

BABA

ALIBABA GROUP...

XOM

EXXONMOBIL CO...

-0.28%
Oct 3

+0.21%
Oct 3

+2.43%
Oct 3

+1.19%
Oct 3

+0.66%
Oct 3

99.62
4:14 PM

14.59
4:01 PM

17.29
4:00 PM

88.10
4:00 PM

93.92
4:01 PM

Follow Matthew Rocco on Twitter @MatthewRocco


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10/3/2014

Stocks Rally on Upbeat September Jobs Report | Fox Business

Some Cantor Fitzgerald executives are


steaming that the firm's CEO quietly
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American Airlines over negligence related
to the 9-11 terrorist attacks.

U.S. Adds 248K Jobs, Unemployment


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Good news is good news. Finally! - Oct. 3, 2014


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Good news is really good news. Finally!


By Paul R. La Monica @lamonicabuzz October 3, 2014: 12:42 PM ET

Unemployment rate falls below 6%

120

120

TOTAL SHARES

NEW YORK (CNNMoney)

You really have to nitpick to find something negative in the September jobs report. It is good news for the economy.
And here's some more good news. Wall Street liked the jobs report too. Stocks rose more than 1% Friday.
It's a pleasant surprise to see investors celebrating the good jobs numbers. It actually wouldn't have been a huge shock if
stocks sold off.
If the labor market (and broader economy) continues to pick up steam, that may increase the chances of the Federal Reserve
raising interest rates in the spring of 2015 instead of waiting until the summer.
Wall Street has been obsessed with trying to pinpoint exactly when the Fed will hike rates and some investors worry that Fed
chair Janet Yellen will turn out the lights on the easy money party too soon.
But let's be honest. The September jobs numbers are not so strong that Yellen is going to have nightmares about inflation.
Wage growth is still relatively sluggish -- 2% over the past 12 months. And consumer prices are up only about 1.7%. That's not
a sign of an economy in danger of overheating.
Paul Atkinson, head of north American equities for Aberdeen Asset Management, said he does not think the jobs report was
good enough to change the Fed's plans for gradual rate hikes beginning in the summer. That will keep Wall Street happy.
To that end, the bond market didn't react as if rate hikes were any more imminent either. The yield on the 10-year Treasury
rose only slightly Friday, a sign that fixed-income investors are not expecting significant inflation or big moves in rates
anytime soon.

http://money.cnn.com/2014/10/03/investing/stocks-jobs/index.html?iid=H_E_News

1/3

10/3/2014

Good news is good news. Finally! - Oct. 3, 2014

Investors cheered the strong jobs report. Good news was needed after a tough couple of weeks for stocks.

How to tell when investors are scared


The September jobs report also confirms what the rest of the world seems to know. The U.S. economy is much stronger than
the rest of the world. To that end, the dollar gained even more ground against other major currencies on Friday.
Mark Lindbloom, portfolio manager at Western Asset Management, an investment firm that focuses on bonds, said that the
jobs numbers were a reminder to foreign investors that growth in the U.S. should be solid, if not spectacular.
Lindbloom said the economy could grow at a 2% to 3% clip annually for a few years, which is much better than the projections
for Europe and Japan. He expects more money to keep flowing into U.S. assets as a result.
This is encouraging. But will it last? Axl Rose said/sang/screamed it best. "Where do we go? Where do we go now? Where do
we go?" (Welcome to the Wall Street Jungle. We've got fun and games indeed.)
It's been a tough few weeks for the stock market. And CNNMoney's Fear & Greed Index remained in Extreme Fear mode
Friday even though stocks were higher.
So it's hard to tell if the jobs report will signal an end to the recent market volatility. Investors could wake up next week and
decide to once again worry about Ebola, ISIS, Europe's economic malaise and Hong Kong protests.
Keep in mind that stocks popped last Friday as well. Maybe investors are really embracing the TGIF mentality before the
weekend?
But Atkinson is not concerned. He said that stocks still look attractive because earnings expectations are reasonable and
profits continue to grow at a healthy pace. He added that valuations, while not cheap, are fair.
As for the numerous geopolitical concerns, Atkinson said they will be of "secondary importance" unless oil prices spike. And
http://money.cnn.com/2014/10/03/investing/stocks-jobs/index.html?iid=H_E_News

2/3

10/3/2014

Good news is good news. Finally! - Oct. 3, 2014

the opposite is happening. Crude prices are


now below $90 despite what's going on in
Iraq and Syria.
And as long as energy prices don't shoot
higher, Atkinson said that should help
stimulate the economy and lead to higher
stock prices in the process.

First Published: October 3, 2014: 11:22 AM ET

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Dovish Fed Minutes Spark Rebound Rally on Wall Street | Fox Business

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Pub lished Octob er 08, 2014 / Reuters

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the economy could withstand it.

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the volatile session. While Wall Street fell in morning trading, with the
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less than 1 percent.

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The Fed has said that it would not raise rates for a "considerable

Oil Slips Amid Weak

time," and in the minutes from its Sept. 16-17 meeting the U.S. central

German Industrial

bank expressed concern that this could be interpreted "as a

Output Data

Bridge project

commitment" rather than being based on data that pointed to an


economy that could grow without Fed stimulus.
Markets get boost from
FOMC minutes

Room escape
attractions grow ing

"Data dependency is what the Fed is trying to beat into the skull of Mr.

in US; getting

Market, and the labor market is still too squishy for the Fed to be

attention from

raising rates anytime soon," said Jim ODonnell, chief investment

theme parks

officer at Forward in San Francisco, which has $5 billion in assets


under management.
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Dovish Fed Minutes Spark Rebound Rally on Wall Street | Fox Business

Sectors tied to the pace of economic growth led the day. Financials

What's this?

<.SPSY> rose 1.8 percent while technology <.SPLRCT> was up 2

Mor ning Biz Outlook

percent. Among specific names, JPMorgan Chase & Co <JPM.N>


added 1.9 percent to $60.40 while Apple Inc <AAPL.O> was up 2.1
percent to $100.80.
Only 21 of the S&P's 500 components ended lower, while the CBOE
Volatility index <.VIX> fell 12.2 percent to 15.11.

Morning Business Outlook: 10/8/14

With the turn higher, the S&P 500 was 2.2 percent below its record

Wal-Mar t Cuts Health Ins ur ance for Som e 30K


Par t-Tim e Wor k er s

close while the Russell 2000 <.TOY> was 9.3 percent away from its

Coffee Pr ices Hit a 2 -Year High, Holiday Sales


Expected to Ris e

record, moving out of the 10 percent threshold that represents a


correction.

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The Dow Jones industrial average <.DJI> rose 274.83 points, or 1.64
percent, to 16,994.22, the S&P 500 <.SPX> gained 33.79 points, or
1.75 percent, to 1,968.89 and the Nasdaq Composite <.IXIC> added
83.39 points, or 1.9 percent, to 4,468.59.
The day marked the biggest one-day advance for both the S&P and
Nasdaq since Oct. 10, 2013, when hopes grew for a deal to end a
budget stalemate in Washington. It was the best day for the Dow
since December.

AAPL

APPLE INC.

BABA

ALIBABA GROUP...

FORD MOTOR CO...

GE

GENERAL ELECT...

BAC

BANK OF AMERI...

+2.08%
Oct 8

+0.72%
Oct 8

+0.78%
Oct 8

+1.77%
Oct 8

+1.42%
Oct 8

100.80
4:14 PM

88.30
4:01 PM

14.21
4:00 PM

25.25
4:03 PM

17.12
4:01 PM

Volume was heavy, with about 8.4 billion shares traded on all U.S.
platforms, according to BATS exchange data, well over the month-todate average of 7.19 billion.
After the market closed, Alcoa Inc <AA.N> rose in extended trading
after the aluminum maker reported third-quarter revenue that topped
expectations.
Advancing issues outnumbered decliners on the NYSE by 2,474 to
608, for a 4.07-to-1 ratio on the upside; on the Nasdaq, 1,917 issues
rose and 772 fell for a 2.48-to-1 ratio favoring advancers.
The benchmark S&P 500 index posted 14 new 52-week highs and 23
new lows; the Nasdaq Composite saw 23 new highs and 268 new
lows.
(By Ryan Vlastelica; Editing by Nick Zieminski)
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10/8/2014

Dovish Fed Minutes Spark Rebound Rally on Wall Street | Fox Business
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10/8/2014

Dovish Fed Minutes Spark Rebound Rally on Wall Street | Fox Business
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10/8/2014

Stock market has best day of 2014 - Oct. 8, 2014


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Stockswatch

Stock market has best day of 2014


By Matt Egan @mattmegan5 October 8, 2014: 5:02 PM ET

218

218

TOTAL SHARES

NEW YORK (CNNMoney)

Wall Street's nightmares about the Federal Reserve just got a lot less scary. In fact, it looked downright dreamy in the stock
market Wednesday.
The Dow surged 275 points -- its best performance of the entire year -- after a new report suggested the Fed isn't ready to lift
interest rates off the floor just yet.
That comes as a big relief to the stock market, which has been one of the biggest beneficiaries of the Fed's easy-money
policies.
Minutes from the Fed's mid-September meeting came out Wednesday afternoon and show that some officials are worried
about slowing global growth, especially in China and the euro zone. Central bankers are also concerned the rapidly-rising U.S.
dollar could hurt U.S. exports and prevent inflation from reaching the Fed's 2% target.
Both of those trends -- weaker overseas growth and a rallying greenback -- have only become more pronounced since that last
Fed meeting.

Related: Experts say stocks will rise more in 2014


The thinking on Wall Street is that these issues will handcuff the Fed, preventing it from taking the training wheels off the
economy.

http://money.cnn.com/2014/10/08/investing/stocks-markets-dow-big-gain-fed-minutes/index.html?iid=Lead

1/2

10/8/2014

Stock market has best day of 2014 - Oct. 8, 2014

"It's yet another data point that suggests a


hike in the first half of next year remains a
lower probability event," said Dan
Greenhaus, chief global strategist at BTIG.
The Dow soared almost 200 points between
the release of the minutes at 2p.m. ET and the
closing bell at 4p.m. The S&P 500 ended the
day 1.75% higher, also good for its best
advance of 2014.
Related: Wall Street's beer goggles are
clearing up
Greenhaus said this was actually the fifth
consecutive time the Fed's minutes were
interpreted as being "dovish," or
advantageous for stocks. Each time the market rallied.
The tech-heavy Nasdaq index also surged, rising 1.9%.
It's worth noting Wednesday's big gains come amid a stretch of elevated turbulence on Wall Street. Stocks have swung
dramatically on economic and policy concerns in recent days, knocking the S&P 500 2.5% down from its record highs.

First Published: October 8, 2014: 4:45 PM ET

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2/2

10/9/2014

Sensex soars 390 points to 1-week high - The Hindu

B usine ss M arke ts
Published: October 9, 2014 17:19 IST | Updated: October 9, 2014 17:19 IST

Sen sex so ars 390 po in ts to 1-w eek h igh


PTI

Snapping a three-session losing streak, the BSE benchmark Sensex on Thursday surged by 390 points to close at over
one-week high on handsome gains in bluechip stocks, led BHEL and Hindalco, as U.S. Federal Reserve signalled that
there wouldnt be immediate rate hike.
Similarly, the 50-share NSE Nifty regained 7,900 level by rising 117.85 points or 1.5 per cent to its highest level in four
days to 7,960.55.
Brokers said the trading sentiment bolstered on the release of minutes of meeting of U.S. Federal Reserve, confirming
interest rates would remain low, triggering all-round buying by funds and retail investors. Globally, mixed closing in
choppy trade on the other Asian markets and a higher opening of the European stocks, also influenced the sentiment,
they added.
The benchmark BSE 30-share Sensex resumed in positive zone and gathered momentum to touch sessions high of
26,688.70, before settling at 26,637.28 a rise of 390.49 points, or 1.49 per cent. Previously, it had zoomed 480.92
points, or 1.81 per cent on September 18. The gauge had lost over 383 points in the past three sessions.
Minutes from the Feds September meeting showed policymakers cautious about rushing into rate hikes, and worried
that the dollar is rising too fast. Besides, appreciating rupee which strengthened to over two-week high to 60.96
(intra-day) against the dollar and easing global crude prices which fell to a two-year low, too influenced sentiments,
they added.
Buying was strong with all sectoral indices led by capital goods, realty, banking, power and metal ending in positive
zone with gains of up to 3.01 per cent.
In the 30-Sensex constituents, 25 ended higher led by BHEL (8.37 per cent), Hindalco (6.01 per cent) and SBI (2.84
per cent), while five shares ended lower led by Wipro (down 0.83 per cent).
Sectorally, auto, bankex and consumer durables were the biggest gainers.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges
Printable version | Oct 9, 2014 5:36:23 PM | http://www.thehindu.com/business/markets/sensex-soars-390-pointsto-1week-high/article6485288.ece
The Hindu

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10/17/2014

Finally! Stocks rally. But can it last? - Oct. 17, 2014


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Finally! Stocks rally. But can it last?


By Paul R. La Monica and Heather Long @CNNMoneyInvest October 17, 2014: 4:08 PM ET

Whew! What a week for stocks!

63

63

TOTAL SHARES

NEW YORK (CNNMoney)

For one day at least, Wall Street remembered that earnings matter.
Stocks are storming higher Friday. The Dow rose 263 points, or 1.6%, its second best day of the entire year. Meanwhile the
S&P 500 and Nasdaq each finished about 1% higher, and European markets rallied as well.
Strong results from General Electric (GE), Morgan Stanley (MS) and Honeywell (HON) put traders in a good mood for the first
time in more than a week. Also helping: investors continue to hold out some faint hope that the Federal Reserve may keep the
easy money party going just a little bit longer.
While Friday's rebound is optimistic, stocks are still down heavily for October. This is the fourth week in a row that the Dow
has closed with losses, and the tech-heavy Nasdaq index is down over 5% this month.

The doom and gloom from Europe (especially Germany) and Ebola remain. Even China is showing signs of slower growth.
There's concern they could drag the U.S. economy down.
James Bullard, president of the St. Louis Fed, told Bloomberg News on Thursday that the Fed should weigh delaying the end
to quantitative easing, or QE. The bond-buying experiment has helped send stocks to record highs, but it was set to end this
month.
The reality is the Fed can't do much right now. Interest rates are at historic lows near zero. Europe went so far as to cut interest
rates to negative levels this year, but that has done little to stimulate the economy there. Investors understand that when a

http://money.cnn.com/2014/10/17/investing/stocks-market-rally-earnings-fed/index.html?iid=mkt_SF_news

1/3

10/17/2014

Finally! Stocks rally. But can it last? - Oct. 17, 2014

central bank takes such dramatic actions, it's


a sign of big trouble.
Related: Can you protect yourself from a
market crash?
"I view the probability of the final QE3
winddown being delayed as somewhere
between 0 and 1%," wrote Tim Anderson,
managing director of MND Partners, in a
morning note. "The market is already set up
for a decent bounce, a high ranking Fed
member basically says 'If this gets really bad
we'll be there.'"
What's next? What can really turn this
market around isn't the Fed, it's strong
corporate earnings. Investors need to focus on whether or not companies are growing.
There were positive signs Friday morning. And there's a slew of earnings coming in the next two weeks, including big names
such as Apple (AAPL, Tech30) and Coca-Cola (KO). If those business "report cards" are mostly positive, it's likely to put
traders and investors at ease.
A lot of strategists believe the U.S. economy is still growing and companies are sitting on a lot of cash, which helps them get
through any rocky periods and enables them to invest in new equipment and programs.
"Various indicators suggest that the U.S. is about halfway through what should rival its longest expansion ever," Chris Hyzy,
U.S. Trust's chief investment officer, wrote in a report this week.
On the upside, unemployment is back under 6% and jobless claims came in this week at the lowest level since 2000. According
to figures released Friday, Consumer Confidence hit its highest level in seven years this month, although the reading was
taken before the worst of the market dip.
There's an easy case to make that October, while scary for stocks, could turn out to be a blip in a long bull market.

First Published: October 17, 2014: 11:37 AM ET

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10/17/2014

Finally! Stocks rally. But can it last? - Oct. 17, 2014

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10/17/2014

Stock markets end with gains - The Hindu

B usine ss M arke ts
Published: October 17, 2014 16:14 IST | Updated: October 17, 2014 23:39 IST

Sto ck m ark ets en d w ith gain s


PTI

In a highly volatile trade on Friday the stock indices closed in the positive territory, taking cues from global markets,
while market participants awaiting for the state election results.
Meanwhile the rupee rebounded against the dollar and closed at 61.44 a dollar compared to the previous close of
61.84 on Thursday.
The Bombay Stock Exchange (BSE) 30-share sensitive index (Sensex) closed at 26108.53 with a gain of 109.19 points.
It touched a low of 25910.77 and a high of 26248.54.
http://www.thehindu.com/business/markets/sensex-rises-for-first-time-in-3-sessions/article6511196.ece?css=print

1/2

10/17/2014

Stock markets end with gains - The Hindu

Except information technology stocks, which tumbled by 4 per cent on BSE, and technology stocks, which lost 2.67
per cent, all other sectoral indices ended in the positive territory led banks, which gained at 2.46 per cent.
On the National Stock Exchange (NSE), the 50-share Nifty was up by 31.50 points or 0.41 per cent to close at 7779.70.
The decline continues in equity markets for the fourth successive week and the benchmarks lost nearly one percent
amid volatility, said Jayant Manglik, President-retail distribution, Religare Securities Limited, while talking on the
market performance for the week. Among the major issues, global growth concerns and mixed set of economic data
kept the participants in cautious mood.
In the coming holiday shortened week, said Mr. Manglik, participants would be eyeing the Consumer Price Index
data, which is scheduled to be released on October 20. Besides, they would be keeping a close watch on the results of
some big names including Cairn India, HDFC Bank, Punjab National Bank, Kotak Bank, Wipro and Dr. Reddy Lab
among others.
Keywords: Sensex, Nifty, NSE, NSE, stock exchanges, Indian stock market, closing trade
Printable version | Oct 18, 2014 2:45:04 AM | http://www.thehindu.com/business/markets/sensex-rises-for-firsttime-in-3-sessions/article6511196.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-rises-for-first-time-in-3-sessions/article6511196.ece?css=print

2/2

10/17/2014

Stocks Turn Higher as Europe Jitters Ease | Fox Business

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10/17/2014

Stocks Turn Higher as Europe Jitters Ease | Fox Business

Mounting concerns over economic growth in Europe have also driven

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recent volatility in the market.

Mor ning Biz Outlook

On Thursday, yields on Greeces 10-year bond surged above 7%,


which was seen as a critical threshold during the Eurozones
sovereign debt crisis. Greece, Portugal, Italy and Spain saw yields
retreat Friday amid easing jitters.
Shares in Europe were broadly higher, with the U.K.s FTSE 100 up

Morning Business Outlook:


10/15/14

about 1.9%. Germanys DAX closed 3.1% higher.

Middle-Mar k et Deal Mak ing Sur ges in Fir s t


Thr ee Quar ter s
Dow Plunges 335 Points in its Wor s t Day This
Year

In the U.S., housing starts jumped 6.3% in September compared to


the prior month, reflecting a seasonally adjusted annual rate of 1.02
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Consumer confidence jumped to its highest level since July 2007,


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14.02
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16.21
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91.21
4:00 PM

On the corporate front, strong earnings helped fuel Wall Streets


sentiment.
General Electric (GE) shares rose 2.4% after the conglomerate beat
Wall Streets views for third-quarter earnings. Honeywell (HON),
whose stock rallied 4.3%, also beat earnings expectations and raised
the lower end of its outlook for the year.
Morgan Stanleys (MS) third-quarter earnings soared 83% on
stronger results in trading and investment banking. The news sent
shares 2.1% higher.
In commodities, West Texas Intermediate crude oil settled five cents
higher at $82.75 a barrel. Wholesale New York Harbor gasoline rose
two cents to $2.23 a gallon.
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10/17/2014

Stocks Turn Higher as Europe Jitters Ease | Fox Business


As fam ilies flee coal countr y, s chools get s hutter ed, and
com m unities los e their hubs
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10/17/2014

Stocks Turn Higher as Europe Jitters Ease | Fox Business


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10/20/2014

Sensex soars on expectation of BJP economic reforms - The Hindu

B usine ss M arke ts
Published: October 20, 2014 16:36 IST | Updated: October 20, 2014 16:36 IST

Sen sex so ars o n expectatio n o f BJP eco n o m ic refo rm s


PTI

Markets began the Diwali week with a bang with Sensex on Monday surging 321.32 points, its biggest rise in over a
week, to end at 26,429.85 buoyed by fuel reforms and hopes of Modi government going ahead with further economic
initiatives after BJPs strong show in state polls.
Furthermore, positive overseas cues on the back of weekend rally in the US on upbeat earnings also bolstered the
trading sentiments in Mumbai. The Indian rupee also strengthened to 61.30 levels against US dollar.
The 30-share Sensex soared by 321.32 points, or 1.23 per cent, to close at 26,429.85 after touching the days high of
26,517.90. It had gained 109.19 points on Friday. Todays rise was the best since 390.49 point jump on October 9.
On similar lines, the 50-share NSE Nifty after reclaiming the 7,900-mark, touched sessions high of 7,905.50 but
some profit-booking trimmed gains and it finally settled 99.70 points, or 1.28 per cent, at 7,879.40.
Participants were optimistic from the early trade on hopes for additional reforms after Narendra Modis party won
election in one state and emerged as single largest party in the other. Additionally, measures taken by the government
in the past two days, like deregulating diesel prices and raising the cost of natural gas also aided the sentiment, said
Jayant Manglik, President-retail distribution, Religare Securities.
Stocks of state-owned oil marketing companies BPCL, HPCL and Indian Oil hogged the limelight and surged up to
7.38 per cent as diesel deregulation will sharply cut subsidy burden of these companies. Sensex constituents ONGC
and GAIL ended in positive terrain with gains up to 5.44 per cent.
Bucking the trend, RIL shares ended 0.39 per cent lower as hike in gas price was lower than expected, traders said.
Auto space stocks also displayed a firm trend on expectations of higher sales on account of ongoing festive season and
hopes diesel deregulation will fuel demand for vehicles. Major gainers were Tata Motors, Mahindra and Mahindra,
Hero MotoCorp, Maruti Suzuki and Bajaj Auto.
http://www.thehindu.com/business/markets/sensex-soars-on-expectation-of-bjp-economic-reforms/article6519682.ece?css=print

1/2

10/20/2014

Sensex soars on expectation of BJP economic reforms - The Hindu

Overall, 25 of the 30 Sensex stocks gained, while five ended lower led by Infosys, TCS, Wipro and ITC Ltd.
Shares of Jindal Steel and Power Ltd tumbled 8.58 per cent after a case of alleged cheating and corruption has been
registered by CBI against the company relating to the probe into coal blocks allocated during 1993-2005 period.
Sectorwise, Auto index raised the most by 2.17 per cent, followed by Oil & Gas index 1.94 per cent, Capital Goods
index 2.14 per cent, Banking index 1.78 per cent, Metal index 1.57 per cent and Healtchare index 1.23 per cent.
Keywords: Sensex, BJP, Fuel reforms, Oil sector, State polls, BSE, Nifty
Printable version | Oct 20, 2014 9:51:17 PM | http://www.thehindu.com/business/markets/sensex-soars-onexpectation-of-bjp-economic-reforms/article6519682.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-soars-on-expectation-of-bjp-economic-reforms/article6519682.ece?css=print

2/2

10/21/2014

Reforms pushing up Sensex to one week high - The Hindu

B usine ss M arke ts
Published: October 21, 2014 17:08 IST | Updated: October 21, 2014 17:08 IST

Refo rm s pu sh in g u p Sen sex to o n e w eek h igh


PTI

Markets rose for the third straight session today with Sensex gaining 146 points to end at over one-week high of
26,575.65 and Nifty jumping 48 points to regain 7,900-mark led by power, metal and banking stocks after
government laid a broad roadmap for coal mine allocation.
In line with governments initiatives, stocks of Jindal Steel Power, Hindalco, Tata Steel and Sesa Sterlite attracted
good buying and surged up to 7.46 per cent, pushing up Sensex.
Besides, revival of buying by foreign funds after remaining net sellers on the Indian bourses for some time was
another positive factor driving up markets, brokers said.
The 30-share index gathered another 145.80 points, or 0.55 per cent, to close at 26,575.65 after shuttling between
26,615.41 and 26,407.00. This is its highest closing since 26,637.28 on October 9.
The BSE gauge has rallied by over 576 points in 3 days.
After announcing diesel deregulation and new gas prices last week, the Modi government yesterday promulgation of
an Ordinance to facilitate e-auction of coal blocks for private companies for captive use and allot mines directly to
state and central PSUs. The move comes against the backdrop of the Supreme Court last month quashing allocation
of 214 coal blocks to various companies since 1993.
Revival of buying by foreign funds, helped pre-Diwali rally to gather further momentum, said Deepak Pahwa, a
Delhi-based stock broker.
The National Stock Exchange index Nifty, reclaimed the key 7,900-mark by surging 48.35 points, or 0.61 per cent, to
close at 7,927.75 after moving between 7,936.60 and 7,874.35.
In the 30-Sensex constituents, 22 ended higher, while 8 shares ended lower led by Coal India, ONGC, RIL and Infosys.
http://www.thehindu.com/business/markets/sensex-rises-to-one-week-high-on-reforms/article6523469.ece?homepage=true&css=print

1/2

10/21/2014

Reforms pushing up Sensex to one week high - The Hindu

In broader markets, Financial Technologies (FTIL) stock tumbled 20 per cent after government ordered merger of
crisis-ridden NSEL with holding firm, FTIL.
Sectorally, BSE Realty index gained the most by rising 2.63 per cent, followed by Power (2.55 per cent), Metal (1.71
per cent), Capital Goods (1.38 per cent), Banking (1.2 per cent) and Consumer Durables (1.18 per cent) among others.
Globally, mixed closing on other Asian markets and higher opening in Europe, also influenced the sentiment.
Meanwhile, provisional data released by Indian exchanges showed that Foreign Portfolio Investors bought shares
worth a net of Rs 1,040.08 crore on Monday.
Keywords: BSE, Mumbai Stock Exchange, Nifty, Economic reforms, Coal allocation, E-auction
Printable version | Oct 21, 2014 8:01:33 PM | http://www.thehindu.com/business/markets/sensex-rises-to-one-weekhigh-on-reforms/article6523469.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-rises-to-one-week-high-on-reforms/article6523469.ece?homepage=true&css=print

2/2

10/21/2014

Stocks Extend Gains, Dow Erases Last Week's Decline | Fox Business

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By Saumya Vaishampayan / Pub lished Octob er 21, 2014 / Dow Jones Newswires
Pr int
Em ail
Shar e
Com m ents

U.S. stocks rallied Tuesday, with gains in technology stocks propelling


the Nasdaq Composite to its biggest one-day percentage jump since
January 2013.

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The Nasdaq Composite rose 103.40 points, or 2.4%, to 4419.48.


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that the European Central Bank was considering buying corporate


bonds. The Dow rose for its third session in a row, while the S&P and
Nasdaq both notched their fourth straight session of gains.
The rebound in the last few sessions comes after a sharp pullback.
The S&P fell 7.4% from its Sept. 18 record close to its recent closing
low last Wednesday. The Dow declined 6.7% between its Sept. 19
record close and its recent low on Thursday. The Dow has rallied

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Tuesday's gains were bigger in the S&P 500 and the Nasdaq than in
the Dow, which doesn't include Apple. The company said Monday its
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10/21/2014

Stocks Extend Gains, Dow Erases Last Week's Decline | Fox Business

"When Apple does well, tech does well, and then the Nasdaq does

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well," said Aaron Jett, vice president of equity research at Bel Air
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U.S. and European shares were also buoyed by reports that the ECB
was considering purchases of corporate bonds, a move that would
strengthen the bank's stimulus efforts. Still, The Wall Street Journal
reported that no specific plan has been discussed.
The Stoxx Europe 600 jumped 2.1%. The ECB on Monday said it
began buying covered bonds.

Morning Business Outlook:


10/21/14
Mid-Mar k et Puls e Sees Str ong Outlook for
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"In Europe, which has been the cause of a lot of concerns recently

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about slowing growth, you have the ECB acting again pretty decisively
in terms of buying covered bonds," said Steve Weeple, managing
director of global equities at Standard Life Investments. "You continue
to see ECB policy makers do, in their own words, whatever it takes."
Mr. Weeple, who manages about $5 billion at Standard Life, said he
expects ECB actions and improved U.S. corporate earnings to boost
investor confidence in the U.S. stock market.

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Energy stocks rose 2.9%, with the sector posting the biggest gain on
the S&P 500. The sector has fallen 4.8% this month as oil prices
tumbled.
Crude-oil futures rose 0.1% to $82.81 a barrel. In other commodity
markets, gold futures added 0.6% to $1251.00 an ounce.
In economic news, sales of previously owned homes rose 2.4% in
September to an annual rate of 5.17 million, the National Association
of Realtors said Tuesday. That is higher than the 1% increase
forecast by economists in a Wall Street Journal survey.
Demand for safe-haven government bonds declined, pushing the yield
on the 10-year Treasury note up to 2.206%. Treasury yields rise as
prices fall.
China's National Bureau of Statistics confirmed a third-quarter
economic slowdown, but the 7.3% year-over-year quarterly growth
rate beat expectations of a median 7.2% gain forecast by 15
economists in a Wall Street Journal survey. "We've gotten used to
slowing growth rates in China," said Mr. Weeple.

http://www.foxbusiness.com/markets/2014/10/21/stocks-extend-gains-dow-erases-last-week-decline/

2/4

10/21/2014

Stocks Extend Gains, Dow Erases Last Week's Decline | Fox Business

U.S. corporate earnings reports continued to stream in. HarleyDavidson Inc. rose 7.3%, one of the biggest gainers on the S&P 500.
The company reported a decline in profit and revenue in the third
quarter, but earnings topped expectations.
Weak earnings from two Dow components limited gains for the bluechip index.
Coca-Cola shares fell 6% after the company reported flat soda
volumes in the third quarter and an unexpected decline in revenue.
The company also introduced a new cost-cutting plan.
McDonald's Corp. said third-quarter earnings fell 30%, missing
expectations, as the restaurant company struggles to improve global
sales. Shares fell 0.6%.
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10/21/2014

Stocks Extend Gains, Dow Erases Last Week's Decline | Fox Business

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10/21/2014

Rebound! Stocks erase much of October losses - Oct. 21, 2014


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Rebound! Stocks erase much of October losses


By Heather Long @byHeatherLong October 21, 2014: 5:26 PM ET

30

30

TOTAL SHARES

NEW YORK (CNNMoney)

What a difference a week makes.


Mere days ago, spooked investors were asking themselves: Is it time to get out of stocks?
A double whammy of worsening European economic woes and the ongoing global crises from Ebola to ISIS had spread fear in
the market.
At the worst point last week, nearly all the gains for the year were wiped out.
But today, stocks surged. People who have their money invested in funds that track the S&P 500 or tech-heavy Nasdaq are
smiling. Both indexes have erased well over half their losses for October.
Or put another way: The S&P 500 is now up over 5% for the year.
And the Nasdaq, which had its best day of 2014 today, is up even higher.
Even the Dow, which has struggled the most in recent weeks, is showing signs of a momentum change. The blue chip index
surged 200 points, one of its best moves of the year.
In a small but important psychological shift, the Dow is finally positive again for 2014
The market is clearly reacting positively to earnings from major U.S. companies.
Apple (AAPL, Tech30) jump started enthusiasm on Tuesday after reporting big gains, thanks to the iPhone 6. With more
http://money.cnn.com/2014/10/21/investing/stocks-market-rebound/index.html?iid=HP_LN

1/2

10/21/2014

Rebound! Stocks erase much of October losses - Oct. 21, 2014

products expected in stores soon, there's a


lot to like there. Harley-Davidson (HOG)also
revved up investors with impressive results,
sending the stock up over 7%.

First Published: October 21, 2014: 4:39 PM ET

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10/23/2014

Sensex soars up 212 points at a months high - The Hindu

B usine ss M arke ts
Published: October 22, 2014 17:21 IST | Updated: October 22, 2014 17:21 IST

Sen sex so ars u p 212 po in ts at a m o n th s h igh


PTI

Samvat year 2070 ended with a bang as Sensex on Wednesday soared 212 points to finish at one-month high and
Nifty jumped 68 points to close just shy of 8,000 mark on optimism festive sales will boost earnings and hopes that
Modi government will unleash more economic reforms.
The Hindu Samvat year 2070 saw Sensex flaring up by 5,547.87 points or 26.12 per cent, its biggest gain in last five
Samvat years.
In Samvat year 2065, it had gained 8,813.26 points or 103.57 per cent. Investors in BSE listed stocks gained nearly Rs
25 lakh crore in Samvat year 2070.
In a firm, but range bound trade on Wednesday, buying was seen across the board as all 12 BSE sectoral indices
closed with gains between 0.06 per cent and 2.97 per cent.
Auto, capital goods and pharma counters took the lead in the surge. Second-line stocks also attracted good buying,
indicating renewed support from retail investors.
The optimism on the street was mainly due to sustained recovery in the global markets and positive momentum from
the reform measures announced by the government recently, said Jayant Manglik, President-retail distribution,
Religare Securities.
The benchmark S&P BSE Sensex resumed strong with a wide upside gap of over 200 points in line with firm Asian
cues. It later moved in a narrow range of over 100 points before ending at one-month high of 26,787.23, logging a rise
of 211.58 points or 0.80 per cent.
Previously, it had closed at 27,206.74 on September 22, 2014. In straight four sessions, Sensex has gained 787.89
points or 3.03 per cent.
The broad-based 50-issue CNX Nifty of the NSE also rallied by 68.15 points, or 0.86 per cent, to end at almost onemonth high of 7,995.90. It touched an intra-day high of 8,005.00.
We understand that the consumer buying has been good in the run-up to the festive season leading to buying of
select stocks. Capital goods stocks also performed well as they responded to the government actions related to coal
block auctions, said Sanjeev Zarbade, Vice President-Private Client Group Research, Kotak Securities.
Meanwhile, the provisional data released by the stock exchanges showed Foreign Portfolio Investors (FPIs) bought
shares worth a net Rs 32.40 crore on Tuesday.
Keywords: Sensex, BSE, Stocks, The Hindu Samvat year,
http://www.thehindu.com/business/markets/sensex-soars-up-212-points-at-a-months-high/article6527128.ece?css=print

1/2

10/23/2014

Sensex soars up 212 points at a months high - The Hindu

Printable version | Oct 23, 2014 9:59:00 PM | http://www.thehindu.com/business/markets/sensex-soars-up-212points-at-a-months-high/article6527128.ece


The Hindu

http://www.thehindu.com/business/markets/sensex-soars-up-212-points-at-a-months-high/article6527128.ece?css=print

2/2

10/23/2014

Samvat 2071 begins on positive note - The Hindu

B usine ss M arke ts
Published: October 24, 2014 00:09 IST | Updated: October 24, 2014 00:09 IST

Sam vat 2071 begin s o n po sitive n o te


Special Correspondent

Actress Kajal Aggarwal and BSE CEO Ashishkumar Chauhan striking the gong to begin Muhurat trading at BSE in Mumbai, on Thursday. Photo:
Paul Noronha

Sen sex c lo ses a t 268 5 1.0 5 w ith a g a in o f 63.8 2 po in ts

Welcoming the Hindu calendar year Samvat 2071, stock indices surged ahead on Thursday, as broader indices
galloped smartly to gain more than the benchmark indices.
The benchmark Bombay Stock Exchange (BSE) 30-share Sensitive Index closed at 26851.05 with a gain of 63.82
points or 0.24 per cent.
Among broader indices, mid-cap stocks and small-cap stocks gained 0.99 per cent and 1.57 per cent respectively while
http://www.thehindu.com/business/markets/samvat-2071-begins-on-positive-note/article6528304.ece?css=print

1/2

10/23/2014

Samvat 2071 begins on positive note - The Hindu

the BSE 100 was up by 0.30 per cent, BSE 200 gained 0.37 per cent and BSE 500 was up by 0.45 per cent.
All sectoral indices ended in the positive territory with oil & gas gaining the most at 0.67 per cent followed by
healthcare (0.59 per cent), FMCG (0.50 per cent) and capital goods (0.46 per cent).
On the National Stock Exchange (NSE), the 50-share Nifty gained 18.65 points or 0.23 per cent to close at 8014.55.
Positive global cues and domestic festive mood kept the market buoyant, said Sudip Bandyopadhyay, Managing
Director and Chief Executive Officer of Destimoney Securities.
By and large, he said, the frontline counters and mid-caps show strength and the Nifty was able to close above the
8000-level. Wipro lost due to unfavourable quarterly results. The positive momentum in the market is expected to
continue next week.
The market provided more than 25 per cent return between Samvat 2070 and 2071. We expect the market to
provide excellent returns in the forthcoming year as well, Mr. Bandyopadhyay added.
Keywords: sensex, BSE, NSE, nifty, Indian stock market, Hindu calendar year Samvat 2071
Printable version | Oct 24, 2014 5:41:40 AM | http://www.thehindu.com/business/markets/samvat-2071-begins-onpositive-note/article6528304.ece
The Hindu

http://www.thehindu.com/business/markets/samvat-2071-begins-on-positive-note/article6528304.ece?css=print

2/2

10/23/2014

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10/23/2014

Wall Street Surges as Investors Cheer 3Q Earnings | Fox Business

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Wall Street Surges as Investors Cheer 3Q


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By Matthew Rocco / Pub lished Octob er 23, 2014 / FOXBusiness

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Stocks rebounded Thursday as strong earnings from Caterpillar

Shar e

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Where Are Oil

(CAT) and 3M (MMM) lifted the Dow higher.

Prices Headed
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Todays Markets

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The Dow Jones Industrial Average gained 216 points, or 1.3%, to

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16,677. The S&P 500 rose 23.7 points, or 1.2%, to 1,950. The

Unnecessary,

MMM

145.05

3M CO....

+6.10

CAT

99.27

economic growth in China, Europe and the U.S. The market calmed

CATERPILLAR ...

+4.70

down in recent sessions, although the Dow lost 153 points

SHLD

35.95

SEARS HOLDIN...

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V
VISA INC....

Ridiculous Ways the

Nasdaq jumped 69.9 points higher, or 1.6%, to 4,452.

Government Spends
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Volatility has gripped Wall Street this month, fueled by concerns over

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Wednesday after a shooting near the parliament building in Ottawa.

214.28
+3.36

Better-than-expected earnings reports from Caterpillar, 3M and other

Final report in fiery

bellwethers fueled Wall Streets sentiment Thursday. Caterpillar

Maryland train
derailment finds

shares jumped 5% after it beat third-quarter expectations and raised

distracted truck
driver at fault

its outlook. The company said cost controls have offset slow revenue

GM

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growth.

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10/23/2014
RELATED VIDEO

Wall Street Surges as Investors Cheer 3Q Earnings | Fox Business

3Ms bottom line topped consensus estimates as well, sending

What's this?

shares 5% higher.

Mor ning Biz Outlook

Shares of Chevron (CVX) and Visa (V) climbed 2% and 1.5%,


Corrections Happen,
Fundamentals Still Matter

respectively, contributing to the Dows strong showing.


The market pared some if its gains after reports surfaced of a
possible Ebola case in New York City. A doctor who treated patients
infected with the virus in West Africa was rushed to a hospital.

Gasparino: This is still a


contradictory market

Morning Business Outlook:


10/23/14
Mid-Mar k et Puls e Sees Str ong Outlook for
Health Car e

The U.S. Labor Department said the number of Americans filing for

Middle-Mar k et Deal Mak ing Sur ges in Fir s t


Thr ee Quar ter s

unemployment benefits rose 17,000 to 283,000 last week. A week


earlier, total jobless claims dropped to a 14-year low.

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Also on the corporate front, Sears Holdings (SHLD) is prepared to


close another 100 Sears and Kmart stores by January, according to
Seeking Alpha. The report, which cited liquidation notices sent to
local media, sparked a 5% rally in the stock.
General Motors (GM) ticked 1.2% lower despite surpassing

AAPL

APPLE INC.

North America contributed to stronger results in the region, offsetting


a loss in Europe.

Oct 23

+1.91%

FORD MOTOR CO...

Oct 23

IBM

+0.24%

INTERNATIONAL...

expectations for third-quarter earnings. Higher transaction prices in

+1.79%

CAT

CATERPILLAR I...

AT&T INC.

Oct 23

+4.97%
Oct 23

-2.43%
Oct 23

104.83
4:14 PM

14.40
4:00 PM

162.18
4:02 PM

99.27
4:01 PM

33.66
4:00 PM

In commodities, West Texas Intermediate crude oil jumped $1.57 to


$82.09 a barrel. The upswing follows reports that Saudi Arabia cut oil
supplies last month. Wholesale New York Harbor gasoline was up
more than four cents at $2.20 a gallon.
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10/23/2014

Wall Street Surges as Investors Cheer 3Q Earnings | Fox Business


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Stocks surged Thursday after strong


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10/24/2014

Wall St. Boosted by Earnings, S&P Posts Best Week in Nearly Two Years | Fox Business

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Wall St. Boosted by Earnings, S&P Posts


Best Week in Nearly Two Years

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Pub lished Octob er 24, 2014 / Reuters

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helped by earnings from Microsoft and Procter & Gamble (PG) and

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The S&P 500 <.SPX> was up 5.5 percent from its low on Oct. 15 and
had its best weekly gain in nearly two years, boosted by solid
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deployment of experimental Ebola vaccines.


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cooler head about the most recent Ebola news," said Steve Sosnick,

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equity risk manager at Timber Hill/Interactive Brokers. "It feels like a


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market that's trying to consolidate some very sharp moves."


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Shares of Microsoft (MSFT) rose 2.5 percent to $46.13, after the


company reported higher-than-expected quarterly revenue while

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keeping profit margins largely intact.


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10/24/2014

Wall St. Boosted by Earnings, S&P Posts Best Week in Nearly Two Years | Fox Business

Fellow Dow component Procter & Gamble <PG.N> gained 2.3


percent to $85.16. The world's largest household products maker said
it would split off its Duracell battery business into a separate
New home sales up in
September

company.
On the downside, Amazon (AMZN) plunged 8.3 percent to $287.06
and was the biggest drag on both the S&P 500 and Nasdaq 100 after
the online retailer's sales projections for the crucial holiday quarter

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disappointed Wall Street and third-quarter results missed forecasts.


According to Thomson Reuters data through Friday morning, of 205
companies in the S&P 500 that have reported earnings, 69.8 percent
have topped analysts' expectations, above the 63 percent rate since
1994. On the revenue side, 59.8 percent have beaten expectations,
slightly below the 61 percent rate since 2002.
The Dow Jones industrial average rose 127.51 points, or 0.76
percent, to 16,805.41, the S&P 500 <.SPX> gained 13.76 points, or
0.71 percent, to 1,964.58 and the Nasdaq Composite <.IXIC> added
30.92 points, or 0.69 percent, to 4,483.72.
Advancing issues outnumbered declining ones on the NYSE by 1,905
to 1,150, for a 1.66-to-1 ratio on the upside; on the Nasdaq, 1,501
issues rose and 1,151 fell for a 1.30-to-1 ratio favoring advancers.
The benchmark S&P 500 index posted 38 new 52-week highs and
two new lows; the Nasdaq Composite recorded 50 new highs and 48
new lows.
About 5.3 billion shares changed hands on U.S. exchanges, well
below the 8.1 billion October average, according to BATS Global
Markets.
(Editing by Bernadette Baum, Chris Reese, Chizu Nomiyama and
James Dalgleish)

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10/24/2014

Wall St. Boosted by Earnings, S&P Posts Best Week in Nearly Two Years | Fox Business

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10/28/2014

Sensex recovers 128 points, Nifty reclaims 8,000-mark - The Hindu

B usine ss M arke ts
Published: October 28, 2014 17:20 IST | Updated: October 28, 2014 17:20 IST

Sen sex reco vers 128 po in ts, Nifty reclaim s 8 ,000-m ark
PTI

Markets on Tuesday surged to an over one-month high with Sensex rising 128 points to 26,880.82 and Nifty jumping
36 points to reclaim 8,000 mark led by gains in pharma and banking shares on rising rate cut hopes and good
earnings.
After taking a respite for a day, fag end short-coverings ahead of expiry of October contracts and firm European
opening also helped domestic indices resume their north-bound journey, traders said. Continued fall in global crude
oil price and renewed buying by foreign funds helped cement the rise.
The BSE 30-share barometer resumed strong in line with better Asian cues and remained in positive terrain. It moved
in a narrow range till afternoon session, but a late round of buying pushed it higher to a more than one-month high of
26,880.82, logging a rise of 127.92 points or 0.48 per cent. On Monday, it had dropped by 98.15 points or 0.37 per
cent, snapping a strong five-day rally.
The 50-issue CNX Nifty of the NSE also bounced back 35.90 points, or 0.45 per cent, to end above 8,000-mark at
8,027.60. Some traders said markets are in a consolidation mode before making any fresh move on either side ahead
of the U.S. Feds monetary policy review, which ends on Wednesday.
Shares of Ranbaxy, which is in the process of $4 billion merger with Sun Pharma, spurted over 6 per cent after it
scripted a turnaround in September quarter. This fuelled buying in Sun Pharma as well and it was the top gainer
from Sensex pack with a rise of 4.31 per cent. Markets rebounded...they were supported by Ranbaxy earnings and
large cap bank stocks, said Rajshekar Gowda, Senior Analyst, HBJ Capital.
Besides, power, consumer durable and capital goods stocks also attracted good buying support. Interest rate sensitive
shares rose on rising hopes of rate cut. Pressure is mounting on the Reserve Bank to cut rates at its December
meeting. Jaitleys recent call to lower rates to encourage construction activity has revived expectations for rate cuts,
Singaporean brokerage DBS said in a note.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges
Printable version | Oct 28, 2014 8:49:44 PM | http://www.thehindu.com/business/markets/sensex-recovers-128points-nifty-reclaims-8000mark/article6541477.ece
The Hindu

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10/28/2014

Earnings Rejuvenate Wall Street, Stocks Close at Session Highs | Fox Business

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Pub lished Octob er 28, 2014 / Dow Jones Newswires

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The Dow Jones Industrial Average gained 90 points, or 0.5%, to

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16908. The S&P 500 added 13 points, or 0.6%, to 1974 and the
Nasdaq Composite Index rose 58 points, or 1.3%, to 4544.
Investors were moving back into areas that are seen as riskier,

Lundberg: Gas
Prices Drop 18

traders said, after they fled some of those sectors during steep stock-

Cents in Tw o

market declines earlier this month. Small-cap stocks, energy shares

Weeks

and technology stocks posted the strongest gains, and safe-haven


investments such as Treasurys and utility stocks declined. Traders

Durable Goods

said that investors were feeling more confident after stronger-than-

Orders Slip 1.3% in

expected corporate earnings reports and an upbeat reading on

September

consumer confidence.
"The tunnel vision is off...once your scope gets bigger, the fear

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subsides over this recent downturn in the market," said Jonathan

Time w ith Big Bucks

Lincoln Brand, This

Corpina, senior managing partner at brokerage firm Meridian Equity


Partners.
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1/4

10/28/2014

Earnings Rejuvenate Wall Street, Stocks Close at Session Highs | Fox Business

So-called momentum stocks outpaced the broader market's rise. The

What's this?

small-cap Russell 2000 Index, which has trailed broader benchmarks

Mor ning Biz Outlook

in recent months, rallied 2.1%. The Nasdaq was bolstered by an


advance in biotechnology and social-media stocks, with the Nasdaq
Biotechnology Index advancing 1.1%.
"People have woken up to the fact that maybe global growth isn't
going to collapse," said Mark Luschini, chief investment strategist for
Janney Montgomery Scott, which helps oversee $58 billion in assets.

Morning Business Outlook:


10/28/14
Platfor m Specialty to Acquir e Ar ys ta in $3.5B
Deal

He added that short-term investors had bet on further declines in


some of those riskier sectors, and said traders could be unwinding

Mid-Mar k et Puls e Sees Str ong Outlook for


Health Car e

those bets.
Among large-cap stocks, two sectors that set the early-October
declines led benchmarks higher. Energy shares were the biggest
gainers in the S&P 500, with the sector advancing 1.5%. And the Dow
Jones Transportation Average jumped 1.1%, reaching a record high
intraday.
Investors are also looking ahead to a statement from the Federal
Reserve, due out Wednesday at the end of its two-day meeting. The
central bank is expected to end its bond-buying program, but traders
say they will be closely watching the central bank's outlook for shortterm interest rates.

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+2.46%
Oct 28

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106.74
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14.16
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99.68
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80.77
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25.88
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In economic news, an upbeat reading on consumer confidence


outshined a surprise decline in durable-goods orders. Consumer
confidence rose to 94.5 in October, according to the Conference
Board, while a slide to 87.9 was expected. Orders for durable goods
unexpectedly fell 1.3% in September, marking the second
consecutive month of declines, the Commerce Department said. A
rise of 0.7% was expected.
Third-quarter earnings reports from companies have been better than
expected in recent sessions. With 213 companies reporting, the S&P
500 is on pace to grow earnings 5.6% in the third quarter, above the
4.5% expected before the start of reporting season.
"Even with European [economic] data deteriorating, these
companies' earnings are able to keep grinding higher," said Michael
Purves, chief global strategist at Weeden Co. "That's a very important
sign here."
On Tuesday, Pfizer Inc. reported third-quarter results that beat
analysts' estimates. The company also tightened its profit and
revenue outlook for the year. Still, shares slipped 0.4%.
DuPont Co. said earnings jumped 52% in its third quarter on lower
expenses. While that beat Wall Street's forecasts, the chemical
company's shares were little changed.
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2/4

10/28/2014

Earnings Rejuvenate Wall Street, Stocks Close at Session Highs | Fox Business

A broad advance in European stocks helped set a positive tone early


in the session. The Stoxx Europe 600 gained 0.9% in relatively light
trading.
In other economic news, a report on home prices in 20 U.S. cities
from S&P/Case-Shiller was nearly in line with expectations, showing a
rise of 5.6% in August, while economists forecast a rise of 5.7%. A
report on manufacturing in the mid-Atlantic region beat forecasts, as
the Federal Reserve Bank of Richmond's manufacturing index rose to
20 in October, while a slide to 10 was expected.
In commodity markets, crude-oil futures gained 0.1% to $81.08 a
barrel. Gold futures were little changed at $1229.00 an ounce.
Demand for safe-haven U.S. government debt declined, pushing the
yield on the 10-year Treasury note up to 2.279% from 2.257% on
Monday.
In other earnings news, Aetna Inc. lifted its earnings outlook for the
year and reported third-quarter results that beat expectations. But
shares fell 2.8%. The stock is up 12% so far this year.
Twitter Inc. said Monday it added 13 million monthly active users in
the third quarter, up 4.8%. That is a slower pace than the 6.3% added
in the previous quarter. The slowing user growth overshadowed
Twitter's revenue, which more than doubled in the quarter and
prompted an increase in full-year guidance. Shares sank 9.3%.
Coach Inc. reported a decline in profit and sales in the latest quarter,
with a slump in North American sales offsetting sales gains
internationally. Results topped expectations, but shares fell 6.3%.
Whirlpool Corp. said its profit rose 17% in the third quarter as sales
increased 3%. While results came in below analysts' expectations,
shares gained 7%.
Write to Alexandra Scaggs at alexandra.scaggs@wsj.com
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10/30/2014

Sensex, Nifty hit new highs on reforms, Fed rate stance - The Hindu

B usine ss M arke ts
Published: October 30, 2014 16:57 IST | Updated: October 30, 2014 16:57 IST

Sen sex, Nifty h it n ew h igh s o n refo rm s, Fed rate stan ce


PTI

The benchmark Sensex on Thursday surged about 248 points to end at record closing peak of 27,346.33 on acrossthe-board buying by investors after government eased rules for FDI in construction sector and US Federal Reserve
reiterated its plan to keep interest rates at record lows.
While BSE Sensex on Thursday surpassed both its intra-day high and closing high logged on September 8, NSE Nifty
barometer hit a new intra-day peak of 8,181.55 but ended at 8,169.20 just a few notches below its record closing peak
of 8,173.90.
Promient gainers which lifted key indices to record highs include RIL, Infosys, L&T, Maruti Suzuki, HDFC Bank,
Hindalco, HDFC, GAIL, Dr Reddys, ITC, NTPC, TCS.
Markets have been on an upward trajectory on the back of renewed vigor shown by government to initiate reforms,
lower crude prices and supportive global cues among others. Though Quantitative Easing ended, but Fed keeping the
considerable period of time stance for raising rates until it sees more improvement in the economy, cheered
markets, said Devang Mehta, Sr VP & Head - Equity Advisory, Anand Rathi Financial.
After opening in positive terrain, the 30-share Sensex continued its upward march and soared to hit intra-day record
high of 27,390.60, surpassing its earlier peak of 27,354.99 hit on September 8. The Sensex closed with gain of 248.16
points, or 0.92 per cent, at new closing peak of 27,346.33, bettering earlier record close of 27,319.85 (September 8).
The 50-share NSE Nifty jumped by 78.75 points, or 0.97 per cent, to end at 8,169.20, after touching a new intra-day
high of 8,181.55 that crossed previous record high of 8180.20.
Brokers said sentiments turned extremely bullish after the government had yesterday relaxed rules for FDI in the
construction sector by reducing minimum built-up area as well as capital requirement and easing the exit norms.
DLF, Unitech and HDIL shares rose in the range of 1.5-6 per cent.
http://www.thehindu.com/business/markets/sensex-nifty-hit-new-highs-on-reforms-fed-rate-stance/article6548489.ece?css=print

1/2

10/30/2014

Sensex, Nifty hit new highs on reforms, Fed rate stance - The Hindu

The equity markets were seen rejoicing. After a flat start, sentiments got some support from positive FII figure of the
last session. However, gains remained capped as investors opted to book profits in last half an hour of the session as
October derivative contracts were set to expire.
Sectorwise the BSE Realty index gained the most by rising 3.44 per cent, followed by IT index 2.04 per cent. Teck
Index rose by 1.77 per cent, Oil and Gas index by 1.65 per cent, Consumer Durable index by 1.59 per cent, Capital
Goods by 0.94 per cent and Bankex by 0.72 per cent.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable version | Oct 31, 2014 2:15:01 AM | http://www.thehindu.com/business/markets/sensex-nifty-hit-newhighs-on-reforms-fed-rate-stance/article6548489.ece
The Hindu

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2/2

10/31/2014

Sensex, Nifty touch record highs - The Hindu

B usine ss M arke ts
Published: October 31, 2014 10:15 IST | Updated: October 31, 2014 10:15 IST

Sen sex, Nifty to u ch reco rd h igh s


PTI

Rising for the fourth straight day, the 30-share index flared up by 147.26 points, or 0.53 per cent, to hit a new peak of 27,493.59.

PTI

The BSE Sensex and the NSE Nifty soared to hit new all-time highs of 27,493.59 and 8,214.65 points, respectively, in
opening trade on Friday on sustained fund inflows, driven by a slew of economic reforms announced by the
government amidst optimism over strong corporate earnings.
Rising for the fourth straight day, the 30-share index flared up by 147.26 points, or 0.53 per cent, to hit a new peak of
27,493.59.
The gauge had gained 593.43 points in previous three sessions to close at record-high on Thursday at 27,346.33 in
yesterdays session. It had also touched an intra-day lifetime high of 27,390.60 in the previous session.
All the sectoral indices, led by IT, capital goods and healthcare, were trading in positive zone with gains up to 1.49 per
cent.
The 50-share NSE Nifty crossed the 8,200-mark for the first instance to record its lifetime high of 8,214.65 by rising
45.45 points, or 0.55 per cent. It had touched an intra-day high of 8,181.55 in Thursdays trade.
Brokers said continued buying by foreign funds as well as retail investors, triggered by a series of economic reforms
undertaken by the Narendra Modi-led government and strong earnings by blue-chip companies, lifted the key indices
to new highs.
Stocks of Maruti Suzuki climbed 0.40 per cent to Rs 3,255 after the company reported a 28.69 per cent growth in net
profit at Rs 862.54 crore for the second quarter ended September 30, 2014.
Besides, a firming trend in the global markets on robust US economic data also boosted sentiment, they said.
Among the 30Sensex stocks Infosys, Dr Reddy, HDFC, HDFC Bank, Hero MotoCorp, ITC, L&T, M&M, ONGC, RIL
and SBI were the top performers during initial trade.
Among other Asian markets, Japans Nikkei rose 1.68 per cent, while Hong Kongs Hang Seng gained 0.89 per cent in
early trade on Friday.
The US Dow Jones Industrial Average closed 1.30 per cent higher in Thursdays trade.
http://www.thehindu.com/business/markets/sensex-nifty-touch-record-highs/article6551272.ece?css=print

1/2

10/31/2014

Sensex, Nifty touch record highs - The Hindu

Keywords: Sensex, opening trade, record figures


Printable version | Oct 31, 2014 5:28:09 PM | http://www.thehindu.com/business/markets/sensex-nifty-touchrecord-highs/article6551272.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-nifty-touch-record-highs/article6551272.ece?css=print

2/2

10/31/2014

Sensex zooms 519 points to new record-high of 27,866; Nifty jumps 153 points | Business Line

Sen sex z o o m s 519 po in ts to n ew reco rd-h igh o f 27,8 66; Nifty ju m ps 153 po in ts
Our Bureau/Agencies

Continued buying by foreign funds as well as retail investors, triggered by a series of economic reforms undertaken by the Narendra Modi-led government and
strong earnings by blue-chip companies, lifted the key indices to new highs.

Economic reforms, healthy corporate earnings drive the market rally

Mumbai, Oct 31:


The Sensex and the Nifty touched new record-highs of 27,865.83 and 8,322.20, respectively on sustained fund inflows,
driven by a slew of economic reforms announced by the government amid optimism over strong corporate earnings.
The 30-share BSE index Sensex soared 519.50 points or 1.9 per cent at 27,865.83 and the 50-share NSE index Nifty
jumped 153 points or 1.87 per cent at 8,322.20.
Brokers said continued buying by foreign funds as well as retail investors, triggered by a series of economic reforms
undertaken by the Narendra Modi-led government and strong earnings by blue-chip companies, drove the market
rally.
Barring consumer durables, all other BSE sectoral indices ended significantly in the green. Among them, capital goods
index gained the most by 2.66 per cent, followed by India infrastructure index 2.38 per cent, oil & gas 2.19 per cent
and PSU 2.08 per cent. Only consumer durables index was down 3.18 per cent.
GAIL, Tata Power, HDFC, L&T and Tata Steel were the top five gainers among 30-share Sensex constituents, while
Bharti Airtel was the only loser.
Global m ar ket
World shares jumped and the yen fell to a seven-year low against the dollar on Friday as the Bank of Japan surprised
financial markets by significantly expanding its massive stimulus programme.
In a rare split decision, the BoJs board voted 5-4 to accelerate the purchases of Japanese government bonds so that
http://www.thehindubusinessline.com/markets/sensex-live-update/article6551188.ece?css=print

1/2

10/31/2014

Sensex zooms 519 points to new record-high of 27,866; Nifty jumps 153 points | Business Line

its holdings increase at an annual pace of 80 trillion ($725 billion), up by 30 trillion.


The central bank also said that it would triple its purchase of exchange-traded funds and real-estate investment trusts
(REITs), while sources said the governments huge pension fund would more than double its holdings of domestic
stocks.
For investors, the timing of the moves sent a strong signal, coming right as six years of aggressive US stimulus come
to an end and just before the euro zone inflation data that is likely to keep the pressure on the European Central Bank
to further ease its policy.
Tokyos Nikkei share index jumped almost 5 per cent in its biggest rise since June last year following the BoJs move,
which it said was a pre-emptive strike at a critical moment in the effort to break free from the deflationary mindset
in Japan.
European stocks opened up 1 per cent and US futures prices pointed to similar gains when trading resumes in New
York. Stocks were lifted on Thursday by strong third quarter US GDP data and another round of upbeat earnings.
At 0900 GMT, the FTSEurofirst 300 index of top European shares was up 1.3 per cent at 1,344.18 points, extending a
sharp two-week rally, while southern European government bonds also made ground.
Euro zone flash inflation data due at 1000 GMT will provide the next indicator of whether the ECB might feel
compelled to step up its support for the bloc's beleaguered economy.
(This article was published on October 31, 2014)
Printable version | Oct 31, 2014 5:28:49 PM | http://www.thehindubusinessline.com/markets/sensex-live-update/article6551188.ece The Hindu Business
Line

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2/2

10/31/2014

Bank of Japan Delivers Halloween Treat for Wall Street | Fox Business

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10/31/2014
Gold prices hit new 52w eek low

Bank of Japan Delivers Halloween Treat for Wall Street | Fox Business

On Friday, its policy makers voted 5-4 in favor of expanding

What's this?

quantitative easing to about 80 trillion yen annually, or $727 billion.

Mor ning Biz Outlook

That reflects an increase of 30 trillion yen compared to the central


banks current stimulus program.
Momentum Plays: Dow Hits
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The Bank of Japan also announced it will triple purchases of


exchange-traded funds and real-estate investment trusts.
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Morning Business Outlook:


10/31/14

Mortimer-Lee, global head of market economics at BNP Paribas,

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The yen moved to its weakest level against the U.S. dollar since
December 2007. Japans currency depreciated to 112.47 yen per
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In commodities, West Texas Intermediate crude oil fell 58 cents to
$80.54 a barrel. Wholesale New York Harbor gasoline slipped 2.31
cents, or 1%, to approximately $2.17 a gallon.
AAA said the national average for retail gasoline prices is expected
to drop below $3 per gallon Saturday. Gas prices havent reached
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66.2 from 60.5 the month prior, while economists anticipated a slight
drop to 60.

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10/31/2014

Bank of Japan Delivers Halloween Treat for Wall Street | Fox Business

A reading on consumer sentiment from Thomson Reuters and the


University of Michigan showed consumers were more optimistic in
October. The gauge rose to 86.9, topping expectations for a reading
of 86.4. The reading was the highest since July 2007.
Follow Matthew Rocco on Twitter @MatthewRocco
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Wal-Mar t Joins Am azon, Tar get In Ear ly Holiday Deals


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U.S. stocks rose on Wednesday, with both the S&P 500 and Dow

Pr int
Em ail
Shar e

sought in 2010

advancing to records, after Republicans took control of the Senate,

ouster of black

allaying fears of drawn-out runoffs and raising investor hopes for more

agriculture official

business- and energy-friendly policies.

Positively
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A stronger-than-expected report on the labor market also helped lift

Youre Not Hearing

stocks, but some weak tech sector earnings weighed on the Nasdaq.
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The beaten-down energy sector rallied on hopes that a Republican

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pipelines and reforms of crude and natural gas export laws. The S&P
energy index <.SPNY> was up 1.8 percent.

MDLZ

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TSLA

230.97

Can gasoline prices

"For now, the market generally likes the results. If we had uncertainty

fall any low er?

around the result, that would have been a cause for concern," said
John Canally, chief economic strategist at LPL Financial.

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Dow, S&P 500 Hit Fresh Highs On GOP Wave Election | Fox Business

U.S. private employers added 230,000 jobs in October, the most


since June, according to the ADP National Employment report. The
data could raise hopes for Friday's closely-watched payroll report. On
the downside, the pace of growth in the U.S. services sector slowed
more than expected in October.

Dow hits all-time record high

Time Warner Inc <TWX.N> rose 4 percent to $77.99 after it reported


revenue growth of 3 percent. Activision Blizzard Inc <ATVI.O> late

Pos t election pr edictions for your por tfolio


India to for eign CEOs : 'w e'r e w aiting for you'

Tuesday raised its full-year forecast, sending shares up 4.4 percent to


$20.83.
The Dow Jones industrial average <.DJI> rose 100.69 points, or 0.58
percent, to 17,484.53, the S&P 500 <.SPX> gained 11.47 points, or
0.57 percent, to 2,023.57 and the Nasdaq Composite <.IXIC> dipped
2.92 points, or 0.06 percent, to 4,620.72.
Weighing on the Nasdaq, TripAdvisor Inc <TRIP.O> dropped 14.1
percent to $71.95, a day after weaker-than-expected earnings.
FireEye Inc <FEYE.O> fell 15 percent to $29.12 a day after the
cybersecurity company's revenue outlook was largely below
expectations.
After the market closed, Tesla Motors shares <TSLA.O> gained 5.2
percent following results.
About 6.4 billion shares changed hands on U.S. exchanges, below the
7.3 billion average for the last five sessions.
NYSE advancing issues outnumbered decliners 1,799 to 1,258, for a
1.43-to-1 ratio on the upside; on the Nasdaq, 1,408 issues rose and
1,278 fell for a 1.10-to-1 ratio.
The S&P 500 posted 92 new 52-week highs and 5 new lows; the
Nasdaq Composite showed 113 new highs and 55 new lows.
(By Yasmeen Abutaleb; Editing by Nick Zieminski)

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Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$82.95

0.13

0.16%

2014.11.05 en d -o f-d ay

WTI Crude Oil

$78.68

1.49

1.89%

2014.11.05 en d -o f-d ay

Co mmo dities
Crud e Oil

78.68

+1.89%

Na tura l G a s

4.19

+1.55%

G a soline

2.09

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He a ting Oil

2.44

G old

1145.40

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Silve r

15.42

-3.30%

Cop p e r

3.02

-0.36%

2014.11.05 end-of-day

Add to your site

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Price

Change

2014.11.05 - $ 78.68

1.49 1.89%

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$90 / Barrel

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levels for the second straight day Thursday, after European Central

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Oil Prices Jump on

as EUR1 trillion.

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Rumor

Better-than-expected jobless claims data as well as productivity


report also may have served to drive the markets higher.
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as Saudi Arabia

ECB President Mario Draghi reiterated that ECB policy makers are

WFM

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+4.86

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unanimously committed to using unconventional measures if needed


to maintain price stability. In other words, the ECB could use outright
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QCOM

70.58

QUALCOMM INC...

-6.62

Email show s White


House direction
sought in 2010

The S&P 500 (SPX) added 7.64 points, or 0.4%, to 2,031.21, with

ouster of black

energy and industrial sectors leading the gains.

agriculture official

The Dow Jones Industrial Average (DJI) gained 69.94 points, or

Home Values in Red

0.4%, to 17,544.47, while the Dow Transports recorded its highest

States

States vs. Blue

level, adding 113 points, or 1.3%, to 8,952.91.


The Nasdaq Composite (RIXF) closed 17.75 points, or 0.4%, higher
at 4,638.47.
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11/6/2014

Wall Street Hits New Highs for Second-Straight Day | Fox Business

Need to Know: Gold doesn't stand a chance, but utilities do

What's this?

Mor ning Biz Outlook

In economic news, the number of Americans applying for new jobless


benefits lingered below 300,000 for the eighth straight week amid the
lowest level of layoffs in years. U.S. productivity in the third quarter
grew at a 2% annual pace, preliminary data show, marking the fourth
sizable increase in the past five quarters.

Morning Business Outlook: 11/6/14

Tesla, Whole Foods among stocks to watch: Tesla (TSLA) shares


rose 4.4% after the electric-car maker's results topped expectations,

Platfor m Specialty to Acquir e Ar ys ta in $3.5B


Deal

though it lowered its delivery forecast for 2014.

Mid-Mar k et Puls e Sees Str ong Outlook for


Health Car e

Whole Foods(WFM) climbed 12% after the upscale grocer reported a


MOST POPULAR STOCKS

rise in third-quarter earnings and lifted its quarterly dividend.


Hospira Inc.'s (HSP) shares surged 6.7% after the pharmaceutical
company reported profit of 158.6 billion, beating analysts' estimates.

AAPL

+0.29%

APPLE INC.

Nov 6

BABA

+2.67%

ALIBABA GROUP...

Genworth Financial, Inc. (GNW) sank 38% trading after the former
spinoff from General Electric Co. registered a record net loss on
higher expenses.

FORD MOTOR CO...

GE

GENERAL ELECT...

(Read more about the day's notable stocks in Movers & Shakers
column: http://www.marketwatch.com/story/walt-disney-zynga-tesla-in-

XOM

EXXONMOBIL CO...

Nov 6

+1.79%
Nov 6

+2.09%
Nov 6

+1.25%
Nov 6

108.70
4:00 PM

111.57
4:02 PM

14.19
4:02 PM

26.36
4:00 PM

96.26
4:03 PM

focus-2014-11-06.)
Other markets:Europe stocks remained rebounded and finished
higher after the ECB president Mario Draghi's said the bank is
prepared to inject liquidity into eurozone economy.
While the comments boosted equities, the euro fell to a two-year low.
The Nikkei 225 fell 0.9%, pulling back after gaining more than 10% in
the previous five sessions. The losses came despite a seven-year
high for the U.S. dollar (USDJPY) against the yen, which tapped
Yen115 before pulling back.
Oil(CLZ4) prices fell, while gold(GCZ4) settled lower.
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Mar k et
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11/6/2014

Wall Street Hits New Highs for Second-Straight Day | Fox Business

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revenue

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More Problems than Just Wheatgrass at


BofA to Take $400M Charge Related Merrill
to Forex Unit
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BofA will adjust its 3Q earnings to reflect
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the latest on marijuana legalization.

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Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$83.39

0.53

0.64%

2014.11.07 en d -o f-d ay

WTI Crude Oil

$78.65

0.74

0.94%

2014.11.07 en d -o f-d ay

Co mmo dities
Crud e Oil

78.65

+0.94%

Na tura l G a s

4.41

+0.18%

G a soline

2.14

+0.24%

He a ting Oil

2.50

+1.63%

G old

1169.60

+2.33%

Silve r

15.70

+1.96%

Cop p e r

3.05

+0.72%

2014.11.07 end-of-day

Add to your site

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Wall Street Climbs to Fresh Highs | Fox Business

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strength between now and the end of the year," said John Kosar,

Shouldnt Panic

director of research with Asbury Research in Chicago.


S&P health care climbed 1 percent, led by Abbvie , up 3.7 percent at

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11/10/2014

Wall Street Climbs to Fresh Highs | Fox Business

The Dow Jones industrial average rose 39.81 points, or 0.23 percent,

What's this?

to 17,613.74, the S&P 500 gained 6.34 points, or 0.31 percent, to

Mor ning Biz Outlook

2,038.26, and the Nasdaq Composite added 19.08 points, or 0.41


percent, to 4,651.62.
The third-quarter earnings season has nearly ended, but a handful of
high-profile retailers have yet to report. Wal-Mart , due to report
Thursday, climbed 0.9 percent to $79.44.

Morning Business Outlook:


11/10/14

The Dow and S&P 500 have each risen more than 7 percent over the

Platfor m Specialty to Acquir e Ar ys ta in $3.5B


Deal

past three weeks, the best three-week performance for both indexes

Mid-Mar k et Puls e Sees Str ong Outlook for


Health Car e

since October 2011.


"International investors are finding solace in U.S. stocks because it's
a way to benefit from the rising dollar," said Robbert Van Batenburg,
director of market strategy at Newedge USA LLC in New York.
Cable providers' shares fell after U.S. President Barack Obama said
the Federal Communications Commission should reclassify
broadband to regulate it more like a public utility. Comcast lost 4
percent to $52.95 and was among the most actively traded Nasdaq
stocks. Time Warner Cable fell 4.9 percent to $136.50.

MOST POPULAR STOCKS

AAPL

-0.17%

APPLE INC.

Nov 10

BABA

+4.01%

ALIBABA GROUP...

FORD MOTOR CO...

GE

GENERAL ELECT...

On the Nasdaq 100, the largest gainer was Baidu, up 4.7 percent at

AT&T INC.

Nov 10

-1.20%
Nov 10

+0.23%
Nov 10

+0.60%
Nov 10

108.83
4:00 PM

119.15
4:00 PM

14.00
4:00 PM

26.47
4:00 PM

35.12
4:00 PM

$247.58, while the largest decliner was Charter Communications,


down 6.2 percent at $146.62.
The CBOE Volatility index ended down 3.4 percent at 12.67, its
lowest in nearly two months.
About 6.1 billion shares traded on U.S. exchanges, below the 7 billion
average this month, according to BATS Global Markets.
(By Caroline Valetkevitch; Editing by Nick Zieminski)

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11/10/2014

Wall Street Climbs to Fresh Highs | Fox Business

Wage grow th, disposable


income crucial to the
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Will President Obamas


legacy lead him to more
compromise?

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The Dow industrials and S&P 500
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11/12/2014

Sensex touches new high; bank stocks roll - The Hindu

B usine ss M arke ts
Published: November 12, 2014 17:04 IST | Updated: November 12, 2014 17:04 IST

Sen sex to u ch es n ew h igh ; ban k sto ck s ro ll


IANS

A benchmark index of Indian equities markets Wednesday touched a record high of 28,126.48 points, surpassing its
previous high of 28,027.96 points of November 10.
The benchmark index, however, ended provisionally at 28,008.90 points, up 98.84 points or 0.35 percent from its
previous days close of 27,910.06 points.
Healthy buying was observed in banking, automobile and fast moving consumer goods (FMCG) sectors, while selling
pressure was seen in metal, healthcare and oil and gas segments.
The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,958.64 points,
closed the trade at 28,008.90 points (at 3.30 p.m.), up 98.84 points or 0.35 percent from the previous days close at
27,910.06 points.
The Sensex touched a high of 28,126.48 points and a low of 27,958.64 points in the trade so far.
The S&P bank index gained 223.20 points, the automobile index went up by 217.16 points and FMCG index was up
74.09 points while metal index dropped by 102.29 points, followed by healthcare index, which declined by 70.98
points, and oil and gas index which was down 57.60 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) too closed in the positive territory. It was up 20.65
points or 0.25 percent up at 8,383.30 points after hitting record high of 8,415.05 earlier in the day.
Keywords: Sensex
Printable version | Nov 12, 2014 8:38:19 PM | http://www.thehindu.com/business/markets/sensex-touches-newhigh-bank-stocks-roll/article6590762.ece
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11/13/2014

Wall Street Ends Day On a Mixed Note as Energy Sector Weighs | Fox Business

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U.S. stock prices held firm on Thursday after the Dow and Standard &
Poor's 500 reached record intraday highs, while crude fell below $80
a barrel for the first time in four years on further signs of a slowdown in

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China's economy.

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Brent crude, which has fallen more than 30 percent since June, settled
down $2.46 or 3.1 percent at $77.92 a barrel, while U.S. oil futures
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settled down $2.97 or 3.85 percent at $74.21.

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Data from Beijing showed below-forecast factory output and


investment growth at a near-13-year low, reinforcing signs that the
world's second-biggest economy would have its weakest growth in

Google Leases

almost 24 years this year.

Historic Navy Air


Base ... for 60 Years

"Energy prices continue to be a headwind," said Art Hogan, chief


market strategist at Wunderlich Securities in New York.
Where's Your
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Falling energy costs, while a positive for consumers, have raised

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concerns about profits of major oil companies and their capital


spending, analysts said.
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11/13/2014

Wall Street Ends Day On a Mixed Note as Energy Sector Weighs | Fox Business

Encouraging sales results from Wal-Mart, the world's largest retailer,

What's this?

offset weakness in the energy sector on Wall Street along with

Mor ning Biz Outlook

concerns that the market is overstretched.


The Dow Jones industrial average closed up 40.59 points, or 0.23
percent, to 17,652.79, the S&P 500 ended up 1.08 points, or 0.05
percent, to 2,039.33 and the Nasdaq Composite finished 5.01 points,
or 0.11 percent higher, at 4,680.14.

Morning Business Outlook:


11/13/14

Top European shares closed up 0.2 percent at 1,346.56, reversing an

Platfor m Specialty to Acquir e Ar ys ta in $3.5B


Deal

earlier decline driven by a 1.7 percent drop in an index of regional oil

Mid-Mar k et Puls e Sees Str ong Outlook for


Health Car e

and gas shares.


Earlier, Tokyo's Nikkei index raced to fresh seven-year highs after Jiji
news agency reported Prime Minister Shinzo Abe appears to have
decided to call an early election amid mounting expectations he would
postpone a planned sales tax hike.

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AAPL

+1.41%

APPLE INC.

Nov 13

BABA

-2.84%

ALIBABA GROUP...

Speculation about a snap election in Japan pulled the yen toward a


recent seven-year low against the dollar before the greenback briefly
retreated on a bigger-than-expected rise in weekly U.S. jobless
claims. The dollar was last up 0.2 percent at 115.77 yen.

FORD MOTOR CO...

WMT

WAL-MART STOR...

The dollar was mixed against other major currencies. The euro gained

GE

GENERAL ELECT...

Nov 13

+2.40%
Nov 13

+4.72%
Nov 13

-0.38%
Nov 13

112.82
4:00 PM

114.84
4:02 PM

14.93
4:00 PM

82.94
4:01 PM

26.42
4:00 PM

0.3 percent at $1.2477, while sterling hit a 14-month low at $1.5694.


[FRX/]
The yield on benchmark U.S. 10-year Treasuries slipped 1.5 basis
points to 2.35 percent.
Safe-haven gold rose 0.08 percent to $1,161.18 an ounce, holding
above Friday's 4-1/2-year low of $1,131.85.
(By Richard Leong; Additional reporting by Rodrigo Campos, Chuck
Mikolajczak in New York, Marc Jones in London,; Blaise Robinson in
Paris and; Jacob Gronholt-Pedersen in Singapore; Editing by James
Dalgleish)

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11/13/2014

Wall Street Ends Day On a Mixed Note as Energy Sector Weighs | Fox Business
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11/13/2014

Wall Street Ends Day On a Mixed Note as Energy Sector Weighs | Fox Business
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11/14/2014

Sensex at new high - The Hindu

B usine ss M arke ts
Published: November 14, 2014 16:40 IST | Updated: November 14, 2014 23:03 IST

Sen sex at n ew h igh


Oommen A. Ninan

The benchmark BSE 30-share sensitive index (Sensex) closed at all time high on Friday on the back of good economic
data and robust quarterly financial results by corporates. Meanwhile the rupee slipped to 61.72 a dollar compared to
its previous close of 61.55 on Thursday.
The Sensex was up by 106.02 points to close at 28046.66.
The rally was led by metal stocks at 2.53 per cent followed by realty 2.35 per cent and oil & gas 1.06 per cent.
However, healthcare index lost 1.22 per cent while FMCG was down by 0.12 per cent.
The mid-cap stocks and small-cap stocks on BSE gained 0.52 per cent each. On the National Stock Exchange (NSE),
the 50-share Nifty closed at 8389.90 with a gain of 32.05 points.
Keywords: Sensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock markets, closing
trade
Printable version | Nov 15, 2014 4:50:48 AM | http://www.thehindu.com/business/markets/sensex-hits-new-highas-wpi-falls-to-5yr-low-good-earnings/article6599377.ece
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11/17/2014

Sensex, Nifty scale new peaks - The Hindu

B usine ss M arke ts
Published: November 17, 2014 16:46 IST | Updated: November 17, 2014 17:05 IST

Sen sex, Nifty scale n ew peak s


PTI

Indian stocks on Monday galloped to new highs with benchmark Sensex surging 131.22 points to 28,177.88 and Nifty
rising 40.85 points to end at 8,430.75 boosted by solid buying in bluechips, like SBI and Tata Motors, and positive
cues on the trade deficit front.
The 30-share BSE Sensex after opening in negative zone dropped further to touch the days low of 27,921.34 on profittaking at high levels and a weak trend at the other Asian bourses after data showed Japan slipped into recession.
Later, emergence of buying, spread over a broad front, helped the Sensex stage a strong comeback to hit an intra-day
record high of 28,205.71, surpassing its earlier record of 28,126.48 reached on November 12. It settled for the day at
28,177.88, new record close and gained 131.22 points or 0.47 per cent.
Of the 30-share Sensex, 18 scrips ended with gains, while 12 others ended in negative zone. Countrys largest lender
SBI rose by 5.44 per cent to close at its 52-week high of Rs 2,940.15. Other gainers, which supported the key index to
hit new highs include Tata Motors (up 4.07 per cent), Hero MotoCorp (2.15 per cent), NTPC (1.71 per cent), RIL (1.47
per cent), BHEL (1.20 per cent) and Bharti Airtel (1.04 per cent).
The 50-scrip NSE Nifty, after dipping to 8,349.10 at the outset, rebounded to breach the 8,400 mark to hit a new
lifetime intra-day high of 8,438.10. It also ended at fresh all-time high of 8,430.75, up 40.85 points, or 0.49 per cent.
Sectorwise, the BSE power index rose by 1.54 per cent, banking by 0.41 per cent, auto by 1.43 per cent, and consumer
durables by 0.91 per cent, among others.
Keywords: BSE, NSE, stock markets, Sensex, Nifty
Printable version | Nov 18, 2014 5:43:10 AM | http://www.thehindu.com/business/markets/sensex-nifty-scale-newpeaks/article6608185.ece
The Hindu
http://www.thehindu.com/business/markets/sensex-nifty-scale-new-peaks/article6608185.ece?css=print

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11/18/2014

Dow, S&P 500 Notch Fresh Record Highs, Boosted by Healthcare | Fox Business

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The S&P 500 scored its fourth straight day of gains.


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biggest drivers, a day after Allergan agreed to be bought by Actavis.

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The Nasdaq biotech index rose 2.1 percent.


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The S&P health care index added 1.6 percent. Shares of Actavis
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Keystoned Out of

Gilead's stock rose 3.3 percent to $103.71 percent.

Invest in America: Charles


Payne gives the hot U.S.
stocks

Their Minds?

"A little bit of a risk trade is coming back on, and those are the areas
for the M&A," said Uri Landesman, president of Platinum Partners in
New York. "It's a very, very good environment to buy growth, so I don't

Obama says

quibble with the notion that there's going to be more M&A."

w as not misled

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about provisions of
his health care law

Among the biggest boosts to the Dow, shares of UnitedHealth were


What stocks should you be
buying right now ?

up 1.8 percent at $98.19.

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11/18/2014

Dow, S&P 500 Notch Fresh Record Highs, Boosted by Healthcare | Fox Business

Further supporting stocks, news of a snap election and a delayed tax

What's this?

increase in Japan strengthened hopes for new stimulus, a day after

Mor ning Biz Outlook

data showed Japan back in recession. In Europe, German analyst


A Great Year for M&A

and investor sentiment advanced this month for the first time in almost
a year.
Benign U.S. inflation data also helped.
The Dow Jones industrial average rose 40.07 points, or 0.23 percent,

Morning Business Outlook:


11/18/14

to 17,687.82, a record high. The S&P 500 gained 10.48 points, or

Platfor m Specialty to Acquir e Ar ys ta in $3.5B


Deal

0.51 percent, to 2,051.8, its biggest one-day move since Nov. 5.

Mid-Mar k et Puls e Sees Str ong Outlook for


Health Car e

The Nasdaq Composite added 31.44 points, or 0.67 percent, to


MOST POPULAR STOCKS

4,702.44.
Actavis was the S&P's biggest percentage gainer; the largest
decliner was Urban Outfitters, down 6.6 percent at $28.79, following
results.
On the Nasdaq 100, the largest gainer was Dish Network, up 3.9
percent to $67.85, while the largest decliner was Staples, down 1.6
percent at $12.76.

AAPL

APPLE INC.

Nov 18

-0.26%

FORD MOTOR CO...

Nov 18

BABA

-3.01%

ALIBABA GROUP...

HAL

HALLIBURTON C...

Among the most active NYSE stocks were Petrobras, up 0.96 percent

+1.30%

GE

GENERAL ELECT...

Nov 18

-1.40%
Nov 18

+1.50%
Nov 18

115.47
4:14 PM

15.50
4:00 PM

110.81
4:00 PM

48.54
4:01 PM

27.01
4:00 PM

at $9.42, and General Electric, up 1.50 percent at $27.01. On the


Nasdaq, Apple, up 1.3 percent to $115.47, was among the most
active.
About 6.1 billion shares traded on U.S. exchanges, below the 6.4
billion average this month, according to BATS Global Markets.
NYSE advancers outnumbered decliners 1,862 to 1,217, for a 1.53to-1 ratio; on the Nasdaq, 1,645 issues rose and 1,079 fell for a 1.52to-1 ratio.
The S&P 500 was posted 77 new 52-week highs and one new lows;
the Nasdaq Composite recorded 95 new highs and 56 new lows.

(By Caroline Valetkevitch; Reporting by Ryan Vlastelica; Editing by


Nick Zieminski)

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11/18/2014

Dow, S&P 500 Notch Fresh Record Highs, Boosted by Healthcare | Fox Business
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China Rate Cut, Dovish Draghi Lift Stocks to Fresh Highs | Fox Business

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China Rate Cut, Dovish Draghi Lift Stocks to Fresh Highs | Fox Business

Chinas central bank surprised markets by slashing its one-year

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benchmark lending rate 0.40 percentage points to 5.6%. China last

Mor ning Biz Outlook

cut interest rates in 2012. The move follows a disappointing growth


rate in the latest quarter. The nations economy expanded 7.3%,
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delay. Previously, Draghi suggested the central bank would increase


its asset purchases possibly through government bonds, while many
investment banks expect it to begin buying sovereign debt next year.
Additionally, ahead of the opening bell on Wall Street, the ECB
announced it would begin buying asset-backed securities in an effort
to encourage bank lending, and help revive the struggling economy.
In corporate news, Caterpillar (CAT) plowed 4.3% higher thanks to a
positive report from Stifel Nicolaus, which started coverage of the
company with a buy rating. Caterpillar accounted for roughly 30
points of the Dows gains.
Dow Chemical (DOW) jumped 2.6% on news that the company
agreed with activist hedge fund Third Point to add four independent
board members. GameStop (GME) tumbled 13% after reporting
weaker-than-expected quarterly earnings and a disappointing
forecast for the holiday quarter.
In commodities, West Texas Intermediate crude oil rose 66 cents, or
0.9%, to $76.51 a barrel. Wholesale New York Harbor gasoline
advanced three cents, or 1.5%, to approximately $2.05 a gallon.
Gold futures jumped $8.10, or 0.7%, to $1,199 a troy ounce.
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11/22/2014

China Rate Cut, Dovish Draghi Lift Stocks to Fresh Highs | Fox Business

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11/25/2014

Sensex ,Nifty rise to new peaks on global stimulus,reform hopes - The Hindu

B usine ss M arke ts
Published: November 24, 2014 10:36 IST | Updated: November 24, 2014 17:22 IST

Sen sex ,Nifty rise to n ew peak s o n glo bal stim u lu s,refo rm h o pes
PTI

Continuing their record-breaking run, benchmark Sensex on Monday surged 165 points to 28,500 and Nifty index
rose 53 points to end above 8,500 mark on hopes of big-bang reforms in the ongoing winter session and growing
expectations of more stimulus measures from China and Europe.
Led by smart gains in Infosys, ICICI Bank, HDFC Bank and TCS, both the key indices also hit fresh record intra-day
highs of 28,541.96 and 8,534.65. Good capital inflows helped them extend gains for the third straight trading session.
Short-coverings ahead of the expiry of November contract on Thursday and rolling over of positions to next series also
aided the market sentiment, brokers said.
IT, Metal, Realty, Banking and Teck scrips attracted buying while some refinery and pharma stocks saw selling.
"Sentiments were positive from early trades, mainly driven by China's surprise move to cut interest rates for the first
time in more than 2 years. Furthermore, sustained inflows on expectations of more economic reforms by government
and firm global cues also gave a boost," said Jayant Manglik, President-retail distribution, Religare Securities.
The benchmark BSE S&P BSE 30-share Sensex today resumed higher and registered its intra-day historic peak of
28,541.96. It settled at a new closing high of 28,499.54, up by 164.91 points or 0.58 per cent. In straight three trading
sessions, it has risen by 466.69 points or 1.66 per cent.
"ECB's clear decision on quantitative easing to spur the European economy also gave a boost to markets," said
Rajshekar Gowda, Senior Analyst, HBJ Capital.
The wide-based 50-issue CNX Nifty of the NSE also touched its fresh intra-trade high of 8,534.65 and ended at yet
another new closing peak of 8,530.15, showing a rise of 52.80 points or 0.62 per cent.
IT stocks saw demand after IT major Infosys set December 3, 2014 as record date for a liberal 1:1 bonus issue.
Metal counters were in the limelight buoyed by the rate cut news from China, which is one of the biggest consumers of
commodities. All Asian markets, except Singapore, closed up.
European stocks too were trading firm in late morning deals.
Keywords: ensex, Bombay Stock Exchange, BSE, Nifty, National Stock Exchange, NSE, Indian stock market
Printable version | Nov 25, 2014 4:01:08 PM |
View Comment (1)
http://www.thehindu.com/business/markets/sensex-nifty-extend-recordbreaking-spree/article6629363.ece
The Hindu

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1/1

12/2/2014

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Energy Shares Lead Wall Street Higher, Dow Sets Record | Fox Business

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12/2/2014

Energy Shares Lead Wall Street Higher, Dow Sets Record | Fox Business

"The market is sniffing out a bottom in the underlying commodity and

What's this?

we are seeing a bounce in energy stocks from having been oversold

Mor ning Biz Outlook

in the last month or so," said John Manley, chief equity strategist at
Why commodities markets
are taking a hit

Wells Fargo Funds Management in New York.


"It's in no one's interest for oil to go any lower; not in ours, or OPECs,"
he said, adding that it is still a big benefit for consumers but the
marginal gain with even lower gas would not be much bigger.
The Dow Jones industrial average <.DJI> rose 102.75 points, or 0.58
percent, to 17,879.55, a record high. The S&P 500 <.SPX> gained
13.11 points, or 0.64 percent, to 2,066.55 and the Nasdaq

Morning Business Outlook: 12/2/14


Platfor m Specialty to Acquir e Ar ys ta in $3.5B
Deal
Mid-Mar k et Puls e Sees Str ong Outlook for
Health Car e

Composite <.IXIC> added 28.46 points, or 0.6 percent, to 4,755.81.


Carmaker shares advanced as the top six automakers sold more
cars and trucks in November than analysts expected. GM <GM.N>
gained 1 percent to $33.26 and Fiat Chrysler <FCAU.N> gained 3
percent to $13.09.
Biogen Idec <BIIB.O> advanced 6.4 percent to $328.27. The
company is planning a late-stage trial of its experimental treatment for
Alzheimer's disease after the drug significantly improved cognition in
a small early-stage study.
Avanir Pharmaceuticals <AVNR.O> was among the most traded
stocks on the Nasdaq, rising 12.8 percent to $16.92. Japanese
drugmaker Otsuka Holdings <4578.T> plans to buy it for about $3.5
billion.
About two issues advanced for every decliner on both the NYSE and
Nasdaq.
The S&P 500 posted 89 new 52-week highs and 5 new lows; the
Nasdaq Composite set 102 new highs and 95 new lows.
About 6.6 billion shares changed hands on U.S. exchanges,
according to BATS Global Markets data, above the daily average last
month of about 6.17 billion.
(Reporting by Rodrigo Campos; Editing by Nick Zieminski)

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Energy Shares Lead Wall Street Higher, Dow Sets Record | Fox Business
Oil Pr ices Jum p on Saudi Pipeline Rum or
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Energy Shares Lead Wall Street Higher, Dow Sets Record | Fox Business
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12/3/2014

Dow, S&P 500 End at Record Highs on Upbeat Data | Fox Business

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U.S. stocks rose on Wednesday, with both the Dow and S&P 500

Pr int

ending at records, as data pointed to improving conditions in the U.S.

Em ail

services sector, boosting cyclical stocks.

Shar e

Mor ning Biz Outlook

Both the Dow and S&P also ticked to intraday records in a quiet
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of the European Central Bank.


2

Cyclical stocks, tied to the pace of economic growth, led on the day,

Morning Business Outlook: 12/3/14

with industrials <.SPLRCI>, materials <.SPLRCM> and energy


<.SPNY> all up more than 1 percent. Telecom <.SPLRCL>, utilities
<.SPLRCU> and consumer staples <.SPLRCS> declined; all are
viewed as defensive plays.

Platfor m Specialty to Acquir e Ar ys ta in $3.5B


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The rise in energy came alongside a 0.8 percent rise in the price of
crude oil. While the sector rose for a third straight day - up 3.2 percent
over that period - it is the only industry group to be negative for 2014.
Cimarex Energy <XEC.N> was one of the S&P 500's top gainers, up
5.1 percent at $108.17. Diamond Offshore <DO.N> rose 3.6 percent
to $31.44.

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12/3/2014

Dow, S&P 500 End at Record Highs on Upbeat Data | Fox Business

"Energy is the undervalued sector of the market, but trying to call the
bottom of oil prices is like trying to catch a falling knife. There's value
to be had, but also might be some more pain along the way," said
Joseph Quinlan, chief market strategist at U.S. Trust, Bank of
America Private Wealth Management in New York.
A gauge of growth in the U.S. services sector rose more than
expected in November even as its employment component dipped,
according to ISM, while Markit's reading of the sector showed growth,
though as a slower clip.
Momentum is building for the ECB to launch a program of sovereignbond buying to boost the bloc's struggling economy, with most signs
pointing to March for a decision. The ECB meets on Thursday.
"We're looking for any stimulus, and are vulnerable to no additional
actions being taken," said Quinlan, who helps oversee $330 billion in
assets. "We'll feel more confident about global prospects if we have a
more proactive ECB."
After the market closed, Aeropostale Inc <ARO.N> shares dropped 6
percent to $3 after its third-quarter results.
The Dow Jones industrial average <.DJI> rose 33.07 points, or 0.18
percent, to 17,912.62, the S&P 500 <.SPX> gained 7.78 points, or
0.38 percent, to 2,074.33 and the Nasdaq Composite <.IXIC> added
18.66 points, or 0.39 percent, to 4,774.47.
NYSE advancers outnumbered decliners 2,012 to 1,079, for a 1.86to-1 ratio; on the Nasdaq, 1,674 issues rose and 1,036 fell, for a 1.62to-1 ratio.
The S&P 500 posted 113 new 52-week highs and 2 new lows; the
Nasdaq Composite recorded 139 new highs and 72 new lows.
About 6.1 billion shares traded on all U.S. platforms, according to
BATS exchange data.
(By Ryan Vlastelica; Editing by Nick Zieminski)

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Dow Closes at a New High; Just Shy of Milestone | Fox Business

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record-setting, advance. The U.S. economy added 321,000 jobs in


November, beating the consensus number by 86,000, while

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Dow Closes at a New High; Just Shy of Milestone | Fox Business

The Dow Jones Industrial Average (DJI) set an intraday high and

INVESTING

Mor e Stor ies

came within 10 points of 18,000 level, but settled 58.60 points, or


0.3%, higher at 17,958.79. Gains in JPMorgan Chase (JPM) and
Goldman Sachs (GS) were the biggest among blue-chip stock
gainers.
The Russell 2000 (RUT) outperformed large-caps again, adding 9.42
points, or 0.8%, to 1,182.42 and added 0.8% over the week.
Meanwhile, the tech-heavy Nasdaq Composite (RIXF) added 11.32
points, or 0.2%, to 4,780.76. The index closed lower over the week.

Furnish your portfolio with


Restoration Hardware shares?
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Economic Data
The strong November jobs tally represented the biggest gain since
early 2012 and extends the strongest streak of hiring in several
decades. Virtually every industry was hiring and many of the new jobs
were so-called good jobs with higher paying wages.
In another positive sign, the average hourly wage of American
workers rose a strong 0.4% in November to $24.66 after two straight
weak readings. Still, wages are only up 2.1% in the past 12 months, a
rate that's barely changed since the recovery began in mid-2009.
Factory orders fell a worse-than-expected 0.7% in October, the
Commerce Department reported.
Eric Wiegand, senior portfolio manager at U.S. Bank Wealth
Management, said the jobs report had very little to complain about.
"For optimist, strong gains in the labor market means the economy is
getting stronger. Even if this means the Fed will raise rates sooner, it
will be for the right reasons," Wiegand said.
"The current environment of low inflation and easy money is a
Goldilocks scenario for stocks," he added.
Wiegand also predicted the Fed's actions still will be measured and
transparent. Still, investors will be watching the outcome of the FOMC
meeting on Dec. 16-17 closely for any hints on the timing of interest
rate increases.
Stocks to watch: Discount retailer Big Lots Inc.(BIG) shares plunged
17% reporting a wider-than-expected quarterly losses.
Delia's Inc. (DLIA) wiped out 84% of its value after the teen retailer,
said it is filing for Chapter 11 bankruptcy.

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12/6/2014

Dow Closes at a New High; Just Shy of Milestone | Fox Business

Tenet Healthcare Corp. (THC) jumped 7%. The company will be


among the health-care stocks benefiting if a proposal to expand
Medicaid in Florida to cover about 1 million uninsured is adopted,
analyst Chris Rigg at Susquehanna said in a report.
Overseas Markets
While the European Central Bank gave no hints at Thursday's meeting
about future stimulus, markets were convinced otherwise, with
European stocks up 1%. That came even as the Bundesbank cut its
German growth forecasts for this year and the next two. The FTSE
100 rose 1%.
Chinese trading volume hit a record, with the Shanghai Composite
Index closing up 1.3% in a wild day of trading. The index has gained
nearly 10% this week. The Nikkei 225 index rose just 0.2%, but
supported the dollar, which stayed above the key Yen120 level.
Oil prices continued to fall, with crude (CLF5) settling at $66 a barrel
and Brent under $70 a barrel after Saudi Arabia cut prices for U.S.
and Asia oil, and analysts are waiting to see if other OPEC nations
will follow. Gold prices(GCG5) fell 1.4%.
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12/11/2014

US stock indexes end with modest gains after an early rally is dented by slump in price of oil | Fox Business

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extended those gains further following the Feds announcement that

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Stocks were positive all throughout the session ahead of the FOMC

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The Dow Jones Industrial average snapped a three day losing streak

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Patient Fed Energizes Markets | Fox Business

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3/3

12/18/2014

Sensex surges 416 points, Nifty regains 8,100 mark - The Hindu

B usine ss M arke ts
Published: December 18, 2014 16:47 IST | Updated: December 18, 2014 16:47 IST

Sen sex su rges 416 po in ts, Nifty regain s 8 ,100 m ark


PTI

Overall, 27 counters gained in the 30-scrip index.

AP

The benchmark BSE Sensex surged by 416 points to close above 27,000 level while the wider Nifty reclaimed 8,100
mark on Thursday on value buying after recent sharp falls and hopes on tax reforms as the Cabinet cleared the longpending GST bill.
The domestic markets also followed a rally in global markets after the US Federal Reserve kept its monetary policy
unchanged.
The Cabinet approved the Constitution Amendment bill on Goods and Services Tax (GST) which bolstered the market
sentiments. The rupee rebounding from 13-month low also backed strong buying trend, brokers said.
The 30-share Sensex barometer regained the 27,000-level at the outset and surged to the days high of 27,180.92
before ending at 27,126.57, a rise of 416.44 points, or 1.56 per cent, its biggest single-session gain since October 31.
The gauge rallied by 519.50 points on October 31.
The index had lost 1,120.97 points in the previous five sessions on weak economic data and rising trade deficit.
The 50-issue NSE Nifty reclaimed 8,100 level by rising 129.50 points, or 1.61 per cent, to end at 8,159.30 after soaring
to 8,174.30.
Strong gains of up to 4.91 per cent in index scrips, led by BHEL, Hindalco and Gail helped the market rebound.
ICICI Bank, Maruti Suzuki, Cipla, NTPC, Tata Power, Axis Bank, L&T, Tata Steel, Bajaj Auto, Tata Motors and SBI
were among major gainers.
Overall, 27 counters gained in the 30-scrip index.
Laggards included M&M, Dr Reddy and Hind Unilever. The Small-cap and Mid-cap indices too joined the rally.
The BSE Midcap index recovered 2.66 per cent and Smallcap index rose 3.28 per cent.
The rupee recovered from 13-month low and was trading 44 paise higher at 63.17 (intra-session) against the dollar at
the Forex market Thursday.
Keywords: Sensex, Nifty, closing trade, BSE, NSE
Printable version | Dec 18, 2014 5:04:50 PM | http://www.thehindu.com/business/markets/sensex-surges-416points-nifty-regains-8100-mark/article6704544.ece
http://www.thehindu.com/business/markets/sensex-surges-416-points-nifty-regains-8100-mark/article6704544.ece?homepage=true&css=print

1/2

12/18/2014

Business News - Indian Stock Market, Stock Market News, Business & Finance, Market Statistics | Reuters India

Pr int

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to colleagues,
clients or customers, use the Reprints tool at the top of any article or visit: www.reutersreprints.com.

US STOCKS-Wall St to rise in wake of Fed


statement as oil climbs
7:45pm IST

* Brent crude climbs over $63 a barrel


* Initial claims point to strengthening labor market
* Oracle up in premarket after results
* Futures up: Dow 221 pts, S&P 25.75 pts, Nasdaq 57.25 pts (Adds comments, data)
By Chuck Mikolajczak
NEW YORK, Dec 18 (Reuters) - U.S. stocks were set for a stronger open on Thursday, building on gains in the prior
session after the U.S. Federal Reserve's policy statement and as oil prices showed signs of steadying.
The benchmark S&P 500 index notched its best day since October 2013 on Wednesday after the Federal Reserve gave an
upbeat assessment of the U.S. economy and said it would take a patient approach toward raising interest rates, while the
energy sector jumped more than 4 percent.
"The bottom line is a June (rate hike) is still in play and even doves need to tighten at some point when the numbers start
looking good," said James Liu, global market strategist at JPMorgan Funds in Chicago.
"The economy is improving, things are picking up, they need to get the ball rolling on this."
Oil prices continued to climb Thursday, extending a rebound off five-year lows, with Brent crude rising as high as $63.70
and WTI crude up nearly 2 percent. Exxon Mobil rose 2 percent to $90.80 and the Select Sector Energy ETF gained 2.5
percent to $79.04 in premarket trading.
"On the oil front, the fact you have seen energy pop by about five percent the last two days, there is the notion out there that
oil has certainly stabilized," said Liu.
S&P 500 e-mini futures were up 25.75 points and fair value, a formula that evaluates pricing by taking into account interest
rates, dividends and time to expiration on the contract, indicated a higher open. Dow Jones industrial average e-mini futures
rose 221 points and Nasdaq 100 e-mini futures added 57.25 points.
Weekly jobless claims fell by 6,000 to a seasonally adjusted 289,000, against expectations for 295,000, suggesting the
labor market continued to strengthen.
Data expected later in the session includes the preliminary services sector Purchasing Managers Index from Markit at 9:45
a.m. (1445 GMT). At 10:00 a.m. (1500 GMT), the Philadelphia Federal Reserve Bank's manufacturing survey and the
Conference Board's Leading Economic Index are due.
Oracle Corp advanced 6 percent to $43.62 before the opening bell after reporting quarterly results that topped Wall Street
expectations.
Canadian convenience store operator Alimentation Couche-Tard Inc said it will buy U.S. convenience store chain The Pantry
Inc for $1.7 billion, including debt. Pantry shares gained 2.3 percent to $36.32 in premarket.
Rita Aid shares surged 13 percent to $6.85 in premarket after the drugstore chain's quarterly results topped expectations
and it boosted its 2015 outlook.
(Editing by Bernadette Baum)
Thomson Reuters 2014. All rights reserved. Users may download and print extracts of content from this website for their
own personal and non-commercial use only. Republication or redistribution of Thomson Reuters content, including by
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Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of
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1/2

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
U.S.

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Stockswatch

Stocks on track for best day of 2014


By Jesse Solomon @JesseSolomonCNN December 18, 2014: 2:42 PM ET
Recom m end

82

Fed chief Yellen: Oil drop is 'positive' for U.S.

126

46

63

13

TOTAL SHARES

NEW YORK (CNNMoney)

Scrooge has left the building.


Stocks soared out of the gate Thursday as the stars aligned for two of the market's biggest divers: the Federal Reserve and oil.
The Dow shot up about 300 points, a day after it and the S&P 500 both experienced their biggest gains of the year. After taking
a beating earlier this month, investors may finally be getting that Santa Claus rally they wished for.
Related: The best stocks of 2014
Here's what's on investors' minds:
A generous Fed: The Fed was in a particularly giving mood Wednesday when it announced it was going to take its sweet time
raising interest rates.
The central bank said in a statement it would be "patient in beginning to normalize the stance of monetary policy." It also kept
closely-watched language saying rates would stay low for a "considerable time," which investors took as clear signal that rates
won't rise until next summer or later.
"The Fed seems to be very cognizant of the economic weakness overseas and the extreme drop in oil prices," said Doug
Roberts of Channel Capital Research.
Related: Yellen: Cheap oil is good for America

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

1/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

Oil: For much of December, the ugliness in the market seemed to stem from spiraling oil prices. Sure, it's a good thing for the
consumer economy, but investors began to worry that the American energy boom, which has been an economic powerhouse
since the recession, could come under threat as a result.
Still, falling oil wasn't about to take the stock market with it Thursday, as prices dropped 4% to $54 per barrel.
Even energy stocks, including the big guys like Exxon Mobil (XOM)and Chevron (CVX), got a nice bounce, although the best
performer in the S&P 500 is Oracle (ORCL, Tech30), which reported strong earnings Wednesday afternoon.
But Michael Block, Chief Strategist at Rhino Trading Partners, isn't taking the "buy low" oil bait for now, and noted that oil had
drifted off its earlier highs.
"I've seen this trap before," he wrote in a morning note. "The tremors are accelerating and that has me concerned short term
even if everything's gonna be all right in the intermediate to longer term."

First Published: December 18, 2014: 10:32 AM ET

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http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

2/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

Sign in

Post comment as...

Newest

Oldest

chinodadude

3 minutes ago

money under the mattress = safe money. cash is king


Flag Share

Like

hazze

Reply

2 minutes ago

@chinodadude back to your bunker!


Flag Share

chinodadude

Like

Reply

1 minute ago

@hazze@chinodadude i have one of those too.


Flag Share

hazze

Like

Reply

Like

Reply

Like

Reply

Like

Reply

just now

@chinodadude@hazze So go there!
Flag Share

hazze

5 minutes ago

bully
Flag Share

Blahable

3 minutes ago

@hazze
Jonathan Martin?
Flag Share

hazze

2 minutes ago

@Blahable@hazze Who's that?

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

3/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
Flag Share

gabby111

Like

Reply

7 minutes ago

US MONEY IS WORTHLESS..JUST WENT TO IRELAND..IT COST ME 1.30


TO BUY 1.00 IN MONEY EXCHANGE..NOBODY WANTS U S DOLLARS
THERE GARBAGE
Flag Share

WeePeople

Like

Reply

Like

Reply

2 minutes ago

@gabby111 WHy did you come back?


Flag Share

LogicCandor

12 minutes ago

As long as the Fed is creating massive amounts of new money let the stock
market rise!!

But when the borrowed and created money stops...........................


Flag Share

HiFolks

Like

Reply

10 minutes ago

@LogicCandor The stock market isn't going anywhere up or


down. Let's face it, thanks to the Fed (which should be
abolished), there is no where else to put your money.
Flag Share

chinodadude

Like

Reply

9 minutes ago

@HiFolks@LogicCandor under the mattress


Flag Share

LogicCandor

Like

Reply

8 minutes ago

@HiFolks
BINGO!! With historically low interest rates also mean that
savers have nowhere to put their money to at least keep up
with inflation. So ultimately the money "gravitates" to the stock
market. But when the borrowed and created money stops then
the naturally weak economy goes back to its naturally weak
condition and the stock market will adjust accordingly.
Flag Share

hazze

Like

Reply

3 minutes ago

@LogicCandor@HiFolks The GOP way - hoping for the worst


http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

4/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

Flag Share

WeePeople

Like

Reply

6 minutes ago

@LogicCandor BIG yawn dont you have any new material by


now Orlando/Milton?
Flag Share

booboospal

Like

Reply

1 minute ago

His old material--now much more concise--will work for at


least two more years.
Flag Share

Blahable

Like

Reply

Like

Reply

28 minutes ago

I"M MAKING SO MUCH MONEY


Flag Share

sftommy

24 minutes ago

@Blahable I'm going to take a bit of mine and vacation in Cuba!


Flag Share

Lawrence Lugar

Like

Reply

23 minutes ago

@Blahable Be more specific...what are your trades....


Flag Share

HiFolks

Like

Reply

17 minutes ago

@Blahable Until Russia starts a war and then you lose it all.
Flag Share

hazze

Like

Reply

1 minute ago

@HiFolks@Blahable called stop sales. School is out of session.


As you were
Flag Share

mcbockalds

Like

Reply

1 hour ago

"The Fed seems to be very cognizant of the economic weakness overseas


and the extreme drop in oil prices," said Doug Roberts of Channel Capital
Research"

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

5/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
Very funny!!!!
The Fed is very cognizant of the stock market bubble1
Flag Share

EricHogue

Like

Reply

1 hour ago

@mcbockalds You know that the DJIA andsimilar stock


indexes concentrate on US performance rather than being
global indicators, right?
Flag Share

d1hawknh

Like

Reply

1 hour ago

@mcbockalds Do you know the difference between a bubble


and a rally? Look at the running avg of the market for the past
50 years and you will see a return to the normal uptrend.
Flag Share

booboospal

Like

Reply

1 hour ago

@d1hawknh@mcbockalds

It is impossible to discourage the belief, prevalent here, that the


rise in equity prices is solely because of Fed easy money policy
in what is a failing, heading-for-disaster US economy. Nothing
can penetrate that ideological, political belief, so it is not worth
trying.
Flag Share

EricHogue

Like

Reply

1 hour ago

@booboospal@d1hawknh@mcbockalds To be fair, picking a


conclusion and then looking for facts to support it makes a lot
of sense if you're incapable of analysis.
Flag Share

robertsgt40

Like

Reply

36 minutes ago

@EricHogue@booboospal@d1hawknh@mcbockalds History
proves you wrong, but don't let that drive you from fantasy
island
Flag Share

EricHogue

Like

Reply

14 minutes ago

@robertsgt40@EricHogue@booboospal@d1hawknh@mcb
ockalds History proves that all things end. It does nothing to
support the specific nonsensical claims being made about the
current status of our economy.

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

6/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
Flag Share

Like

robertsgt40

Reply

38 minutes ago

@booboospal@d1hawknh@mcbockalds good to see another


adult in the room
Flag Share

Like

LogicCandor

Reply

10 minutes ago

@booboospal
But when the markets and company profits are primarily based
on $7 trillion in borrowed and spent money and whether the
Fed will keep interest rates at historic lows are the reason why
the stock market is up while the economy is stagnant (at best)
then when the borrowed and created money stops.....................
Flag Share

Like

WeePeople

Reply

3 minutes ago

@LogicCandor@booboospal like a broken record milton keeps


spewing b-s as usual...
Flag Share

Like

robertsgt40

Reply

40 minutes ago

@d1hawknh@mcbockalds Yup. All good. And your plan to


extinguish that $18T national debt?(that grows on average a
trillion a year). No matter what the markets do, the debt never
goes down. Ah yes, the wonders of fractional reserve banking
and compound interest.
Flag Share

EricHogue

Like

Reply

13 minutes ago

@robertsgt40@d1hawknh@mcbockalds Fun fact: The deficit


this year was less than nominal GDP growth(The amount the
tax base grew).
Flag Share

Aurelius1947

Like

Reply

1 hour ago

It's Obama's fault. Thank you Mr. President.


Flag Share

themanix

Like

Reply

1 hour ago

@Aurelius1947 Wow, you guys are out at full force today.


Pretty quiet a couple days ago?
http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

7/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

Flag Share

JFCanton

Like

Reply

31 minutes ago

@Aurelius1947
Thank you for maybe giving me yet another opportunity to see
where my balance is, and most likely sell out before the crack
supply runs out again.
It has nothing to do with the identity of the president, of
course...
Flag Share

whatMandate1

Like

Reply

1 hour ago

"It also kept closely-watched language saying rates would stay low for a
"considerable time," which investors took as clear signal that rates won't
rise until next summer or later"
What? Fact is, Treasury rates were in free fall long before the FED stated
anything. Try again. Basically the FED will eventually lose control aka
influence over everything but the Discount & Fed Rate. There is little clear
signal that real rates won't rise until next summer or later. That's hope
and a Dream.
Flag Share

Like

EricHogue

Reply

1 hour ago

@whatMandate1 Control and influence are pretty different


words, you realize that, right? The Fed controls the discount
and Fed rate, which means it influences the entire lending
market. This is because the rate at which banks can get money
from the Fed impacts their costs for loans, which in turn
impacts the end result of the loans.
Flag Share

whatMandate1

Like

Reply

1 hour ago

@EricHogue@whatMandate1
The rates that the FED does control can have influence over
other rates. How hard is that? I merely stated my belief that
eventuality that will end for a period of time.
Flag Share

EricHogue

Like

Reply

1 hour ago

@whatMandate1@EricHogue Not very hard at all, which is


why your "Control aka influence" comment caught my eye. I
didn't find the rest of yourpost substantive enough to bother
addressing.
Flag Share

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

Like

Reply

8/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

Bill Beyer

43 minutes ago

Ultimately the discount and fed funds rate are the only rates
the Fed can control. The Fed has no control over Treasury
rrates.
Flag Share

booboospal

Like

Reply

25 minutes ago

And Dr. Yellen has suggested it might take until the end of
2017 before those rates return to their historically "normal"
levels.
Flag Share

whatMandate1

Like

Reply

1 hour ago

The Markets are going up when everyone knew full well that the FED
wasn't going to go near rates anytime soon. So maybe this isn't about the
FED and more about what is or isn't going on in Crude prices and issues
elsewhere. Once rates do normalize, the FED will be chasing it's own tail.
Flag Share

booboospal

Like

Reply

1 hour ago

@whatMandate1 It isn't about any one thing. But one factor is


probablya reversal of the losing bet that the Fed would change
its language in a way discouraging to stock investors--we are
seeing a bounceback from an unwarranted drop, as well as the
usual several news areas that affect investors and traders.
Flag Share

whatMandate1

Like

Reply

1 hour ago

@booboospal@whatMandate1
So basically you have not a clue.
Flag Share

booboospal

Like

Reply

1 hour ago

@whatMandate1@booboospal It is a shame that


disagreement leads you to that foolish conclusion.

Did you bother to notice that I more or less was agreeing with
your "more about what is or isn't going on in Crude prices and
issues elsewhere"?
Flag Share

mcbockalds

Like

Reply

1 hour ago

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

9/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
@booboospal@whatMandate1
" unwarranted drop"
Not from where I sit looking at the biggest stock market bubble
since 2000.
Flag Share

booboospal

Like

Reply

1 hour ago

@mcbockalds@booboospal@whatMandate1

Why the large drops just in the few trading days before the last
two? Did folks just discover it was a bubble? Commentary
during that time suggested analysts were preparing clients for a
shift in OMC language--which might reduce valuations-leading to a surge of selling. When no such change occurred,
the sellers bought back in. If it is the perception of a bubble,
why strong days today and yesterday? did the alleged bubble
disappear\r suddenly?
Flag Share

Aurelius1947

Like

Reply

1 hour ago

@whatMandate1 Please remind us where you got your PhD in


economics . . . or your toilet training certificate!
Flag Share

danb7476

Like

Reply

2 hours ago

Wall Street is an action of irrational behavior. Watch the NOVA


presentation "Mind over Money" on PBS. It is very enlightening.
Flag Share

Like

mcbockalds

Reply

1 hour ago

@danb7476
Not irrational if you are a big money Wall Street speculator
with access to low interest loans from investment banks to buy
stocks with. They are just riding this balloon as long as the Fed
is practically giving away money to these chosen few.
Flag Share

booboospal

Like

Reply

1 hour ago

@mcbockalds@danb7476

There is a lot of hostility here toward "Wall Street," the Fed, the
wealthy, in fact toward anyone not precisely like the
commenter. I understand it from an emotional point of view,
but those are self-defeating attitudes that oversimplify the
world into victims and victors. Sad that so many are drawn to
that perspective.
http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

10/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

Flag Share

separanormal2

Like

Reply

2 hours ago

Remember the article on the hedge fund manager who predicted oil would
fall below 70 a barrel? Boy did he get it right.
Flag Share

Like

lafler2000 .

Reply

2 hours ago

sure doesn't sound like too many people are happy in reading these posts.
seems everyone is arguing about something. the fed has propped the
markets up with all the qe, and now they have ended all the manipulation.
once the manipulation "wears off" of the economy..the markets and our
economy will go into free fall again! It took 2 or 3 years to happen the last
time. 2004-2007. as long as the middle class' incomes are flat to down,
more and more people filing for welfare, and the employment
participation rate keeps going down....things are getting worse in my eyes!
everyone thinks things are getting so good just because the stock market
is going up I living in a dream world. most people can't even use their
profits because the only money they have is their retirement plan which
they cant use until they're 59 1/2 yrs old. so I ask how are you doing
better today when prices of everyday goods/services we all need (food,
gas, energy) have tripled in prices over the last 15 yrs, all while our
incomes have remained stagnant? it all equals a severe loss of purchasing
power!
Flag Share

EricHogue

Like

Reply

2 hours ago

@lafler2000 . The employmentratio has been consistently


going up for the last 2 years or so.
Flag Share

HiFolks

Like

Reply

2 hours ago

@lafler2000 . Our standard of living is collapsing. Can you


image people today making ends meat on single income and
double digit prime rates. LOL! The compensation is more work
for nothing relative to 30 years ago.
Flag Share

lafler2000 .

Like

Reply

1 hour ago

@HiFolks@lafler2000 . exactly HiFolks, most people on


herewho think things are good, are totally forgetting about the
Seniors living on fixed incomes, college graduates who have to
take minimum wage jobs and are totally broke and in debt. very
simply, our wages have not gone up 300% in the last 15 yrs to
combat the increases in the prices of goods/services that we
use every day. hence, we can buy less goods with more money!
what's happening with many families is that both parents are
working and not making enough to maintain their current
standard of living! people are used to borrowing money for just

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

11/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
about everything they buy. not good! and I say if the middle
class can't afford healthcare, a lawyer, and to repair their cars.
they are not the middle class anymore, simple as that. if you
have a serious illness and you walk out of the hospital with a
200k medical bill that your Obamacare wouldn't pay for, YOU
ARE BROKE! SIMPLE AS THAT!
Flag Share

EricHogue

Like

Reply

1 hour ago

@lafler2000 .@HiFolks If you walk out of a hospital with a


200K bill that your Exchange policy won't pay for you were
either in there for quite a few years or you screwed something
up in amajor way.

You really don't seem to have much idea what you're talking
about.
Flag Share

Bill Beyer

Like

Reply

38 minutes ago

Do you have a clue what you are talking about or are you just
upset with the world? No one with medical insurance is going
to walk out of the hospital with a 200k medical bill. I know of
no one in the middle class who does not currently have medical
insurance. Most people have insurance that is in no way
connected with the ACA.
Flag Share

booboospal

Like

Reply

2 hours ago

@lafler2000 .

Our household standard of living has increased significantly in


the past 15 years. Very little of our expense items have tripled
or even doubled in that time. Our incomes, however, have
increased significantly.
Flag Share

HiFolks

Like

Reply

2 hours ago

@booboospal@lafler2000 . You are in the minority


Flag Share

booboospal

Like

Reply

2 hours ago

@HiFolks@booboospal@lafler2000 .

In many ways. But the balance of opinion seen here is always


more conservative, more cynical, and more hostile to
institutions than in the country at large. I believe most

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=mkt_SF_news

12/14

12/18/2014

Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014
underestimate the percentage of households, especially twoincome households, that are doing just fine--they (we) get very
little public attention.
Flag Share

Like

Money User

Reply

31 minutes ago

@booboospal@lafler2000 .
Agreed. Significant price increases over the last decade have
been due to personal choice (choosing more expensive options)
at our house.

Additionally, even though "wages have flatlined" my salary has


almost doubled over the last decade due to raises/promotions.
If you're not making progress over the long term in your career,
then you don't have a career, you just work a job.

Dan
Flag Share

Like

mcbockalds

Reply

1 hour ago

@lafler2000 .
" once the manipulation "wears off""
The manipulation continues with the Fed's funds rate at 0 to
0.25% and thus the big money Wall Street speculators with
access to low interest loans from Wall Street investment banks
to buy stocks with continue to boost this stock market bubble.
They are just riding this balloon as long as the Fed is practically
giving away money to these chosen few. They will get out big
time when they think the Fed is going to announce a rate
increase. Only the first ones our are going to keep their shirt
because all the billions in stock they own is from borrowed
money.
Of course the rest of us and a piddling 401k accounts could be
cut in half....once again. But will another balloon follow...once
again?

Flag Share

Like

lafler2000 .

Reply

1 hour ago

@mcbockalds@lafler2000 . I AGREE Mcbockalds, but low


interest rates were not enough to prop up the markets before,
hence QE! they wont be this time either.
Flag Share

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Dow rises 300 points. Is the Santa rally here? - Dec. 18, 2014

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Dow rises 421 points. Santa Rally is here - Dec. 18, 2014
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Stockswatch

Dow jumps 421 points. Best day since 2011


By Jesse Solomon @JesseSolomonCNN December 18, 2014: 5:35 PM ET
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Best day for stocks in 2014

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NEW YORK (CNNMoney)

Scrooge has left the building. Heck, he's not even on the same planet anymore.
The Dow shot up 421 points Thursday for its best day in more than three years. The S&P 500 experienced its biggest gains
since January 2013.
After taking a beating earlier this month, investors may finally be getting that Santa Claus rally they wished for.
Related: The best stocks of 2014
Here's why investors were so jolly:
A generous Fed: The Fed was in a particularly giving mood Wednesday when it announced it was going to take its sweet time
raising interest rates.
The central bank said in a statement it would be "patient in beginning to normalize the stance of monetary policy." It also kept
closely-watched language saying rates would stay low for a "considerable time," which investors took as clear signal that rates
won't rise until next summer or later.
"The Fed seems to be very cognizant of the economic weakness overseas and the extreme drop in oil prices," said Doug
Roberts of Channel Capital Research.
Related: Yellen: Cheap oil is good for America

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

1/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014

The Fed reiterated more optimistic projections for the U.S. economy for 2015 as well. They see America growing faster next
year and unemployment dropping further.
Oil: For much of December, the ugliness in the market seemed to stem from spiraling oil prices. Sure, it's a good thing for the
consumer economy, but investors began to worry that the American energy boom, which has been an economic powerhouse
since the recession, could come under threat as a result.
Still, falling oil wasn't about to take the stock market with it Thursday, as prices fell 3% to $54 per barrel. That level had
freaked out markets before, but not today.
Related: The best thing to do now for your portfolio
Even energy stocks, including the big guys like Exxon Mobil (XOM)and Chevron (CVX), got a nice bounce, although the best
performer in the S&P 500 was Oracle (ORCL, Tech30), which reported strong earnings Wednesday afternoon. Oracle stock
surged 10%.
Only 21 stocks out of the 500 in the S&P index were negative today.
But Michael Block, Chief Strategist at Rhino Trading Partners, isn't taking the "buy low" oil bait for now, and noted that oil had
drifted off its earlier highs.
"I've seen this trap before," he wrote in a morning note. "The tremors are accelerating and that has me concerned short term
even if everything's gonna be all right in the intermediate to longer term."

First Published: December 18, 2014: 10:32 AM ET

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Dow rises 421 points. Santa Rally is here - Dec. 18, 2014

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eoulim

4 minutes ago

Fed just delayed effective date of Volker rule on derivative trading


restriction from 2015 to 2017.

Get ready for major bubble in $600 trillion derivative market looming
next year.

I'm suspicious if this has anything to do with junk bond market


imploding....
Flag Share

Like

booboospal

Reply

2 minutes ago

"Banks have had a challenging time complying with the covered


funds aspect of the rule because some collateralized debt and
loan obligations confer controlling interests that could
arguably run afoul of the Volcker Rule. Banks were originally
slated to comply with the rule by July 21, 2014, but the DoddFrank Act allows regulators to extend that deadline by oneyear increments for a maximum of three years.
The regulators the Fed, Office of the Comptroller of the
Currency, Federal Deposit Insurance Corp., the Securities and
Exchange Commission and the Commodity Futures trading
Commission struggled to finalize the Volcker Rule by last
year amid disagreements and technical challenges.
Observers had expected the Fed to push back the compliance
date, at least for the covered funds portion of the rule, because
of the persistent confusion about which funds would be
considered covered and which would be allowed."
Flag Share

whatMandate1

Like

Reply

8 minutes ago

The Central Banks are GAMBLING that at the End of the Day, they can
http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

3/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014
avoid the next recession and offload their massive balance sheets. That's a
huge Gamble. Government are betting that they can eventually create
enough Real Organic Growth via deficit spending before Rates normalize.
It's all a huge GAMBLE.
That's how bubbles continue grow far bigger than the last one. Investors
which have now become essentially speculators are Gambling that
regardless, another massive Bailout will be waiting to ensure a
continuation of the Massive Bull Run. Basically what we are talking about
here is Russian Roulette. Fitting considering how Russia is topping the
headlines lately.
Flag Share

EricHogue

Like

Reply

3 minutes ago

@whatMandate1 Here in the real world we see the strong


growth during the QE taper as a sign of organic growth and
remember that the Fed hates deflation - which is consistent
with their refusal to raise rates. Of course, leading with the idea
that the economy is terrible rather limits your insights.

Stagflation is the only real risk for them.


Flag Share

Timothy Guillemette

Like

Reply

9 minutes ago

There's more going on here than republican / democrat ideologies.. it's a


currency war. And the more the rest of the world collapses.. the more ppl
run to the dollar. How can the most bankrupt of countries be
outperforming all else? Because of our booming manufacturing and
export industries?
Flag Share

booboospal

Like

Reply

5 minutes ago

You surely know we are nowhere near "bankrupt" and that


your explanations intended to justify using that term will not
justify it.
Flag Share

EricHogue

Like

Reply

2 minutes ago

@Timothy Guillemette I would be surprised if you were aware


of a single federal asset.
Flag Share

booboospal

Like

Reply

1 minute ago

TG thinks only debt and deficits determine bankruptcy, with no


role for assets.
Flag Share

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

Like

Reply

4/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014

Axel19

15 minutes ago

Imagine what republicans would say if Romney was president right now...
It would have been the death of the democratic party.
Flag Share

AGcolorado

Like

Reply

4 minutes ago

@Axel19 At least you understand that no president is


responsible for the stock market. Most commenters don't seem
to get that.
Flag Share

mbtrex

Like

Reply

26 minutes ago

Ho Ho Ho, The Markets are OK. The FED says it will continue propping
up the Stock Markets. We all knew that. The FED is stuck and will now
have to prop up the Markets for a long time. Screw you little savers. You
should have gambled your money in the stock market.
Flag Share

EricHogue

Like

Reply

24 minutes ago

@mbtrex No, the Fed says it still doesn't like deflation, which is
probablygroundbreaking if you don't know anything. The stock
market isn't even close to being gambling.
Flag Share

whatMandate1

Like

Reply

18 minutes ago

@EricHogue
Yes, it's far closer to gambling then most folks would care to
admit. Take away the $10Trillion plus by Western Central
Banks and see what happen as rates normalize. We are seeing
the most manipulated bull Market in World History.
Continually lock in profits and you won't regret it.
Flag Share

booboospal

Like

Reply

16 minutes ago

Nothing you wrote justifies the "gambling" analogy.


Flag Share

Andrew Alberico

Like

Reply

18 minutes ago

@mbtrex Who would be foolish enough (little savers) to put


money into savings accounts or CDs rather than buy stocks
and bonds? Do people not have sufficient faith in the American
free enterprise system?

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

5/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014
Flag Share

randolph3472

Like

Reply

29 minutes ago

Thank you President Obama for keeping our nation from slipping into a
Great Depression. The election of John McCain in 2008 surely would
have continued the disastrous policies of George W. Bush, and we'd all be
in line at the soup kitchens now.
Flag Share

Axel19

Like

Reply

21 minutes ago

@randolph3472 The fact that we are not at war with Syria right
now makes me respect Obama even if I never voted in
presidential elections... Maybe I should start voting...
Flag Share

clintatl

Like

Reply

10 minutes ago

@Axel19@randolph3472 PLEASE DO!


Flag Share

AlTower

Like

Reply

31 minutes ago

Yellen and the majority of the FOMC members repeatedly deny that they
see any signs of a bubble. After the whipsaw we have just witnessed over
the past 2 trading days that can only be attributed to the FED statement;
how can they not be concerned about overvaluation in the equities
markets? Should I start listening to the tin foil hat crowd?
Flag Share

Like

booboospal

Reply

28 minutes ago

It is attributable to actions by those who incorrect toy


expected a Fed policy change, as well as many other factors
that affect investor/trader behavior.
Flag Share

EricHogue

Like

Reply

28 minutes ago

@AlTower "After the whipsaw we have just witnessed over


the past 2 trading days that can only be attributed to the FED
statement"
It's likely a combination of people paying offbets that the
FOMC would reverse course and people finally remembering
that oil prices declining are a net positive for the United States.
US equities are likely inflated for the reason the dollar is so
strong - the rest of the globe is experiencing sluggish growth.
Flag Share

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

Like

Reply

6/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014

whatMandate1

16 minutes ago

@AlTower
This was likely the result of an massive short squeeze. It's
foolish for anyone to short a Market manipulated in this
manner by Central Banks.
Flag Share

Rev4488

Like

Reply

38 minutes ago

420 points over the prospect of imported cuban cigars? Who'da thought.
Flag Share

Blahable

Like

Reply

34 minutes ago

@Rev4488
YOU BETCHAS
Flag Share

JesseWill723

Like

Reply

38 minutes ago

Great proof why you shouldn't try to game the market. A couple days ago
everyone thought the bottom was falling out of stocks. If you got out, you
missed a huge day. This is why you need to commit to a long term plan.
All you need to do for a good retirement is to:
1. Put away the max in your 401k thatyour employer will match. For me
5% with a 4% match. For most people it is 3%.
2. Use term life insurance like Suzy Orman and Dave Ramsey recommend,
its only $20 online at Life Ant.3. Save the difference to a Roth IRA. It
comes out tax free.
If you do this and nothing more, you will have a very comfortable
retirement.
Flag Share

Like

ColeThornton

Reply

33 minutes ago

@JesseWill723 Get lost LifeAnt spammer.


Flag Share

John Little

Like

Reply

39 minutes ago

So what happened to all doom preaching Democrat's that the market


would tank if the Republicans gained control?
Flag Share

Like

EricHogue

Reply

39 minutes ago

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

7/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014
@John Little You know Republicans aren't actually the
majority in the Senate yet, right?
Flag Share

separanormal2

Like

Reply

37 minutes ago

@EricHogue@John Little Yeah but we know the good times


are a coming!

Flag Share

EricHogue

Like

Reply

34 minutes ago

@separanormal2@EricHogue@John Little They've been "a


coming" for about 18 months now.
Flag Share

John Little

Like

Reply

32 minutes ago

@EricHogue@separanormal2@John Little Your wife is still


waiting for yours.
Flag Share

EricHogue

Like

Reply

Like

Reply

32 minutes ago

@John Little@EricHogue@separanormal2 Cute.


Flag Share

Summer Tyme

28 minutes ago

@separanormal2@EricHogue@John Little:
Obama's had the stock market rolling for 5 years.

You just refused to admit it.

note: GOP Senate won't do anything, and can't have ***any***


effect on anything until 2016 at the earliest.

They basically passed another Obama Budget (still has funding


for AHCA, still has the tax increase on the wealthy that Obama
passed in 2012), good until Oct 2015.

They are trying to take credit in advance for Obama's policies


just like Newt Gingrich tried to do with Clinton.

That's the GOP for you - they don't admit blame for their own
FAILED Presidencies, (Hoover, Nixon, Bush 1 and 2, Ford...fail

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

8/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014
fail fail fail) but they try to take credit for successful democratic
presidencies.

lol.

Flag Share

Andrew Alberico

Like

Reply

16 minutes ago

@separanormal2@EricHogue@John Little You mean the


stock market is going to go up 500 points next January? 400+ is
not enough for you?
Flag Share

sluth9876

Like

Reply

37 minutes ago

@EricHogue@John Little That's part of what is wrong.


Congress is not trusted by anyone.
Flag Share

John Little

Like

Reply

36 minutes ago

@EricHogue@John Little Their mouths said if they "WON /


GAINED" not when they take control
Flag Share

separanormal2

Like

Reply

41 minutes ago

So the fed announces they wont be raising rates anytime soon and the
DOW is up over 600 points in two days... Now do you understand whats
driving this bubble?
Flag Share

booboospal

Like

Reply

31 minutes ago

More accurate: The OMC indicated it would stick to its wellpublicized strategy, and the cynics/doubters who unloaded
stock in advance of the announcement bought it back. Markets
are moving back toward trendline.
Flag Share

Robert Pierce

Like

Reply

Like

Reply

30 minutes ago

@separanormal2 700 pts


Flag Share

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

9/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014

Summer Tyme

24 minutes ago

@separanormal2

Low interest rates.

You want high interest rates?

Why?

High interest rates are meant to fight inflation - of which there


has been virtually none - during the entire Obama
administration.
Flag Share

Like

booboospal

Reply

22 minutes ago

Dr. Yellen indicated it would likely be the end of 2017 before


the rates it controls are back to "normal" levels.
Flag Share

Arglebargle

Like

Reply

44 minutes ago

An economy based solely on gambling is doomed to fail.


Flag Share

texassquid

Like

Reply

43 minutes ago

@Arglebargle Las Vegas is still making millions.


Flag Share

Like

booboospal

Reply

43 minutes ago

I know of no such economy.


Flag Share

texassquid

Like

Reply

43 minutes ago

@booboospal Me either
Flag Share

Axel19

Like

Reply

41 minutes ago

@Arglebargle You (or your party) don't want Wall Street to be


regulated...
Flag Share

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

Like

Reply

10/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014

sluth9876

41 minutes ago

@Arglebargle That's what concerns me. If so many are jumping


in and out they must be skittish about a bust and want to
gamble short term, get what they can quickly.
Flag Share

booboospal

Like

Reply

17 minutes ago

The "so many" may be nit that many, and most invested monies
do not trade frequently.
Flag Share

Vietvet6869

Like

Reply

32 minutes ago

@Arglebargle

like gambling onconfederates magicallywinning two wars ?

gamblingthat $1 Trillion tax cuts for the rich will trickle down ?

gamblingthat raising the price of oil to $150 will help the


economy?

gambling that letting banks and brokers do whatever they want


will be good for everyone ?

gambling on a bunch of texas teabillies with 10 gallon hats and


1/2 ounce brains ??
Flag Share

Summer Tyme

Like

Reply

19 minutes ago

@Vietvet6869@Arglebargle

Well said.

Here some GOP economic promises to remember:

-> Iraq war will end in 6 months and then they will give us the
oil for free - Rumsfeld.

-> I can make unemployment fall to 6 % by 2016 which is a


good number - Romney

-> Gas for $2.50 if you elect me, but $7.00 per Gallon if you
elect Obama and he doesn't build Keystone pipeline. - Gingrich

http://money.cnn.com/2014/12/18/investing/stocks-markets-fed-oil/index.html?iid=TL_Popular

11/12

12/18/2014

Dow rises 421 points. Santa Rally is here - Dec. 18, 2014
-> We are now in the Obama Bear market - WSJ.
(said in march of 2009/2 months into Obama's Presidency) ,
since then the market has been on a 5 year tear.

GOP is the ALWAYS WRONG PARTY.

Flag Share

sluth9876

Like

Reply

51 minutes ago

Dec 5, 2014 DOW 17958. Can it pass that?


Flag Share

rapple7

Like

Reply

56 minutes ago

All those suckers selling a week ago, thinking the sky was falling lol
Flag Share

Like

EricHogue

Reply

54 minutes ago

@rapple7 Just wait until the next time the DJIA drops a few
percentage points, they'll be back.
Flag Share

Like

booboospal

Reply

50 minutes ago

Yes, they were acting in emotion and an anti-Fed ideology.


Their excessive downside action is being reversed.
Flag Share

Like

Reply

Show More Comments

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12/12

12/19/2014

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12/19/2014

Wall Street up for third day, led by energy shares | Reuters

S&P 500 .SPX gained 9.42 points, or 0.46 percent, to 2,070.65 and the Nasdaq Composite
.IXIC added 16.98 points, or 0.36 percent, to 4,765.38.

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Helping to lift energy shares, Brent crude LCOc1 rose 3.6 percent at $61.38 a barrel, while
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Quadruple witching - the expiration of stock options, index options, index futures and
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"I would expect volatility to continue next week, given the magnitude of the moves both
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will fewer people to trade," James said.
Shares of Red Hat (RHT.N) surged 10.6 percent to $68.04 after it raised its profit forecast

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NY SE advancing issues outnumbered decliners 2,004 to 1,102, for a 1.82-to-1 ratio; on the
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Wall Street up for third day, led by energy shares


5:02pm EST

By Caroline Valetkevitch
NEW YORK (Reuters) - U.S. stocks extended gains for a third session on
Friday, giving the S&P 500 its best weekly performance in nearly two
months as energy shares continued to rebound.
The S&P energy index .SPNY jumped 3.1 percent, leading the benchmark
index's advance, and closed out the week with a 9.7 percent gain, its
biggest weekly increase since December 2011.
The benchmark S&P 500 has gained 5 percent over the three sessions,
bouncing back quickly from recent losses sparked by a selloff in oil
prices.
The key driver of this week's rally was the U.S. Federal Reserve's
commitment on Wednesday to take a "patient" approach toward raising interest rates, which relieved investors over the
policy outlook.
"Fears have been at least pushed once again to the sidelines," said Michael James, managing director of equity trading at
Wedbush Securities in Los Angeles.
The Dow Jones industrial average .DJI rose 26.65 points, or 0.15 percent, to 17,804.8, the S&P 500 .SPX gained 9.42
points, or 0.46 percent, to 2,070.65 and the Nasdaq Composite .IXIC added 16.98 points, or 0.36 percent, to 4,765.38.
For the week, the Dow gained 3 percent, the S&P 500 rose 3.4 percent and the Nasdaq climbed 2.4 percent.
Helping to lift energy shares, Brent crude LCOc1 rose 3.6 percent at $61.38 a barrel, while WTI crude CLc1 jumped 4.5
percent to settle at $56.52. Energy shares have recovered in the recent rally even when oil prices continued to fall.
Quadruple witching - the expiration of stock options, index options, index futures and single-stock futures - added to the
day's volatility. Volume was high. About 10.9 billion shares changed hands on U.S. exchanges, above the 7.6 billion average
this month, according to BATS Global Markets.
"I would expect volatility to continue next week, given the magnitude of the moves both down and back up we've had this
week, and because of the holiday and the likelihood there will fewer people to trade," James said.
Shares of Red Hat (RHT.N: Quote, Profile, Research, Stock Buzz) surged 10.6 percent to $68.04 after it raised its profit
forecast for the full year and reported quarterly revenue and profit above expectations.
On the downside, shares of Nike (NKE.N: Quote, Profile, Research, Stock Buzz) shed 2.3 percent to $94.84, a day after the
company flagged slowing growth in western Europe.
NYSE advancing issues outnumbered decliners 2,004 to 1,102, for a 1.82-to-1 ratio; on the Nasdaq, 1,420 issues rose and
1,329 fell for a 1.07-to-1 ratio.
The benchmark S&P 500 posted 110 new 52-week highs and 5 new lows; the Nasdaq Composite recorded 131 new highs
and 52 new lows.
(Editing by Nick Zieminski)
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12/19/2014

Wall Street Rise Modestly After Fed-Fueled Run Higher | Fox Business

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12/22/2014

Wall Street Edges Higher for Fourth Day | Fox Business

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12/22/2014

Wall Street Edges Higher for Fourth Day | Fox Business

bargains now, but it's too soon to say."

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Crude oil sank 3.2 percent after Saudi Arabia's powerful oil minister
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index fell 1 percent as one of the day's weakest sectors; Chesapeake
Energy fell 7.3 percent to $18.42 while Southwestern Energy was off
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Crude oil is coming off four straight weeks of declines, and has fallen
in 11 of the past 12 completed weeks.
The Dow Jones industrial average rose 154.64 points, or 0.87

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percent, to 17,959.44, the S&P 500 gained 7.89 points, or 0.38


percent, to 2,078.54 and the Nasdaq Composite added 16.04 points,
or 0.34 percent, to 4,781.42.
Both the Dow and S&P ended at closing records, with the benchmark
S&P building on a 3.4 percent rise last week. That advance came
after the U.S. Federal Reserve said it would take a "patient" approach
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treatments after it lined up a cheaper price from AbbVie Inc for its
newly approved hepatitis C treatment.
Achillion Pharmaceuticals Inc said it would test a combination of two
of its experimental hepatitis C drugs which showed promise in
separate studies. Shares surged 10 percent to $15.61.
Advancing issues outnumbered declining ones on the NYSE by 1,806
to 1,291, for a 1.40-to-1 ratio on the upside; on the Nasdaq, 1,682
issues rose and 1,072 fell for a 1.57-to-1 ratio favoring advancers.
The benchmark S&P 500 index was posting 73 new 52-week highs
and 5 new lows; the Nasdaq Composite was recording 144 new
highs and 36 new lows.
(By Ryan Vlastelica; Editing by Meredith Mazzilli)

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Oil Prices Steady Above $60 | Fox Business

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evidence of weak global fuel demand.


Keurig Recalling 7M

Brew ing Machines

The Commerce Department on Tuesday revised up its estimate of

U.S. gross domestic product growth to a 5.0 percent annual pace


1

from the 3.9 percent rate reported last month, citing stronger
consumer and business spending.

Hilsenrath: Expect
financial fallout of
falling oil prices

North Sea Brent crude has almost halved in price over the last six
months as high quality crude oil from North America has overwhelmed
demand. Brent reached a five-and-a-half-year low of $58.50 last

Drones at the top of

week.

your Christmas list?

Brent for February rose $1.38 a barrel to a high of $61.49, before


easing back to trade around $60.40 by 1505 GMT.
U.S. light crude rose to a session high of $56.85 a barrel in early
trade before retreating to around $55.90.
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helped by thin trading volume. Tuesday was a public holiday in Japan


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12/23/2014

Oil Prices Steady Above $60 | Fox Business

"The United States alone cannot steer oil out of stormy waters," said
Ehsan ul-Haq, senior market consultant at energy consultancy KBC
Energy Economics.

North Korea suffers massive


Internet outages
Calls for tough s anctions agains t Nor th Kor ea
for Sony hack ing

"This might be a 'dead-cat bounce'. If trading is thin, the market can

Dow s oar s , has bigges t r ally in 3 year s

move in any direction. I think prices will restart their downward journey
in January if not at the end of December."
As new sources of crude come on stream in North America, oil
markets are exceptionally well supplied with inventories brimming in
many countries.
But the Organization of the Petroleum Exporting Countries, which
pumps around a third of the world's oil, has said it will not reduce
production. Officials say OPEC producers are worried they will simply
lose market share if they cut output.
Saudi Arabia's powerful oil minister, Ali al-Naimi, has argued it is not
in the group's interest to cut oil output however far prices may fall.
"Whether it goes down to $20, $40, $50, $60, it is irrelevant," Naimi
was quoted by the Middle East Economic Survey as saying in an
interview.
Arab OPEC producers expect oil to rebound to between $70 and $80
by the end of next year as a global economic recovery revives
demand, OPEC delegates told Reuters this week.
(By Christopher Johnson; Additional reporting by Henning Gloystein in
Singapore; Editing by William Hardy and Michael Urquhart)

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12/23/2014

Dow Hits 18K as U.S. Growth Reaches 11-Year High | Fox Business

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The Dow Jones Industrial Average (DJI) climbed 64.7 points, or


0.4%, to 18024. The S&P 500 (GSPC) rose 3.6 points, or 0.2%, to
2082. The Nasdaq (IXIC) was down 16 points, or 0.3%, at 4765.

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Ferrari Braced for

3.9%. That follows a 4.6% increase in gross domestic product for the

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second quarter. Therefore, the economy has expanded at the

in 2015

strongest two-month pace since 2003.


Traders also got a glimpse at consumer spending and the housing

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market. Personal spending in November rose a seasonally adjusted

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0.6% versus the prior month, beating forecasts for a 0.5% increase.
October spending growth was revised up to 0.3% from 0.2%.

Keurig Recalling 7M

Analysts have been closely watching consumer spending for signs

Brew ing Machines

that cheaper gasoline and improved sentiment are driving Americans


to buy more goods and services. According to AAA, the national
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'Tw as the Last


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were revised lower.
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12/23/2014

Dow Hits 18K as U.S. Growth Reaches 11-Year High | Fox Business

Earlier this month, U.S. equities succumbed to volatility due to a sharp


global oil slump that pressured energy names. West Texas
Intermediate crude oil, the U.S. benchmark, is trading near its lowest

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level in more than five years.


Meanwhile, global jitters were rekindled by growing struggles for
Russia. Its currency, the ruble, fell to record lows against the U.S.
dollar.
Wall Street turned the corner last week when the Federal Reserve
offered a dovish take on interest rates. Policy makers said the central
bank can be patient as it prepares a timeline for raising interest

Morning Business Outlook:


12/23/14
Platfor m Specialty to Acquir e Ar ys ta in $3.5B
Deal
Mid-Mar k et Puls e Sees Str ong Outlook for
Health Car e

rates, which have been held near zero since December 2008. Stocks
subsequently pushed higher, marking their biggest two-day run since
2011.
On Tuesday, the benchmark 10-year Treasury yield jumped to 2.26%
from 2.16%, reflecting a decrease in prices.
WTI oil futures joined the Wall Street party, settling $1.86 higher, or
3.4%, at $57.12 a barrel.
Elsewhere in commodities, wholesale New York Harbor gasoline
increased more than three cents, or 2.3%, to $1.57 a gallon. Gold
futures fell $1.80, or 0.2%, to $1,178 a troy ounce.
In corporate news, Keurig Green Mountain (GMCR) fell 2.3% after the
company announced a recall of around seven million single-serve
brewing machines. The recall applies to the Keurig K10 Mini Plus
model.
Chesapeake Energy (CHK ) said it will launch a $1 billion stock
buyback following the sale of $5 billion worth of assets, sending
shares 10% higher.
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Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

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12/26/2014

Dow and S&P 500 Finish Friday at Record Highs | Fox Business

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12/26/2014

Dow and S&P 500 Finish Friday at Record Highs | Fox Business

The day's gains were broad, with eight of the S&P 500's 10 primary

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sectors ending up on the day and no sector ending more than 0.1
percent lower. The utility sector was the day's strongest, up 1.2
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The Dow Jones industrial average rose 23.5 points, or 0.13 percent,
to 18,053.71, the S&P 500 gained 6.89 points, or 0.33 percent, to
2,088.77 and the Nasdaq Composite added 33.39 points, or 0.7
percent, to 4,806.86.
For the week, the Dow rose 1.4 percent, the S&P rose 0.9 percent
and the Nasdaq rose 0.9 percent. It was the ninth positive week in the
past ten for the Dow and S&P.
The S&P Retail index rose 0.5 percent in the first trading session after
Christmas. Among notable names, Best Buy (BBY) rose 0.6 percent
to $39.14 while Macy's (M) dipped 0.3 percent to $64.05.
Amazon.com (AMZN) rose 2 percent to $309.18.
"Things are looking positive since the shopping season coincided
with a big drop in crude oil, which means lower gas prices," Sarhan
said. "That translates to more disposable income, which could mean
stronger retail sales."
Advancing issues outnumbered declining ones on the NYSE by 2,032
to 1,011, for a 2.01-to-1 ratio on the upside; on the Nasdaq, 1,792
issues rose and 934 fell for a 1.92-to-1 ratio favoring advancers.
The benchmark S&P 500 index was posting 70 new 52-week highs
and 5 new lows; the Nasdaq Composite was recording 133 new
highs and 28 new lows.
About 3.06 billion shares traded on all U.S. platforms, according to
BATS exchange data, compared with the month-to-date average of
7.39 billion.
(Editing by Meredith Mazzilli)
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12/26/2014

Dow and S&P 500 Finish Friday at Record Highs | Fox Business
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3/3

12/29/2014

Sensex surges 265 points in early trade on global trends - The Hindu

B usine ss M arke ts
Published: December 29, 2014 11:06 IST | Updated: December 29, 2014 11:06 IST

Sen sex su rges 265 po in ts in early trade o n glo bal tren ds


PTI

Rising for the second straight session, the benchmark BSE Sensex on Monday spurted by over 265 points in early
trade led by gains in metal, realty and auto stocks amidst a firming trend at other Asian markets.
The 30-share index, which had gained 33.17 points in the previous session, rallied by 265.47 points, or 0.97 per cent,
to 27,507.25. All the sectoral indices were trading in positive zone with gains up to 1.35 per cent, extending major
support to the Sensex and Nifty.
Also, the wide-based Nifty of the National Stock Exchange moved up by 78.45 points, or 0.95 per cent, to 8,279.15.
Brokers said revival of buying by foreign funds, though selective on the Indian bourses after remaining net sellers and
buying by retail investors, buoyed trading sentiments here.
Besides, a firming trend at other Asian markets on reports that China had unveiled fresh measures to boost the
economy too had positive impact, they said.
Among Asian markets, Hong Kongs Hang Seng was higher by 2.06 per cent, while Japans Nikkei moved up by 0.18
per cent in early trade. The US Dow Jones Industrial Average ended 0.13 per cent higher in Fridays trade.
Keywords: Sensex, early market trade, BSE Sensex
Printable version | Dec 30, 2014 6:16:10 AM | http://www.thehindu.com/business/markets/sensex-surges-265points-in-early-trade-on-global-trends/article6734968.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-surges-265-points-in-early-trade-on-global-trends/article6734968.ece?css=print

1/1

12/29/2014

Sensex rises 154 points as metal, auto stocks lead rally - The Hindu

B usine ss M arke ts
Published: December 29, 2014 16:50 IST | Updated: December 29, 2014 16:53 IST

Sen sex rises 154 po in ts as m etal, au to sto ck s lead rally


PTI

Rising for the second straight session, benchmark Sensex on Monday gained 154 points to end at 27,395.73 powered
by a rally in metal, auto and consumer durable shares on growth optimism, amid strong Asian cues.
The 30-share BSE index, which had gained 33.17 points in the previous session, advanced by 153.95 points, or 0.57
per cent, to close at 27,395.73 points. It touched a days high of 27,507.25 points at the outset but profit-aking
towards middle of session made it touch a low of 27,266.49.
The 50-crip National Stock Exchange index Nifty rose by 45.60 points, or 0.56 per cent, to close at 8,246.30 points.
Indias economic growth is expected to pick up in the current fiscal and will be much better in 2015-6, Finance
Minister Arun Jaitley today said.
Brokers said market sentiment also improved after data showed that foreign funds -- which had been net sellers on
the Indian markets for 12 straight sessions -- turned buyers.
Metal stocks gained on buzz that government will take the ordinance route soon to pave the way for auction of iron
ore and other minerals as the proposed amendments to the MMRDA Act have been pending since long.
A firming trend at other Asian markets on reports that China had unveiled fresh measures to boost the economy and
a higher closing on the US markets on Friday also influenced the market sentiment to some extent, brokers added.
Firm global cues and ...continuous inflow from the FIIs, added to the positivity, said Jayant Manglik, President
Retail distribution, Religare Securities.
Twenty-five Sensex components, led by Sesa Sterlite, Hindalco, Coal India, Tata Steel, Tata Motors, Hero MotoCorp,
Sun Pharma and BHEL helped the benchmark end in positive terrain. However, five stocks including Bharti Airtel,
ICICI Bank, M&M, Axis Bank and SBI closed with losses.
http://www.thehindu.com/business/markets/sensex-rises-154-points-as-metal-auto-stocks-lead-rally/article6735555.ece?css=print

1/2

12/29/2014

Sensex rises 154 points as metal, auto stocks lead rally - The Hindu

Sectorally, the BSE Metal index gained the most rising by 2.36 per cent, followed by the auto index that rose by 1.50
per cent. Consumer Durables index rose by 1.02 per cent, Healthcare Index by 0.87 per cent, FMCG index by 0.77 per
cent and Power index by 0.76 per cent, Oil & Gas index by 0.69 per cent and IT index by 0.68 per cent.
Buying activity also gathered momentum in the midcap and smallcap stocks, lifting indices by up to 0.87 per cent.
Keywords: Sensex close
Printable version | Dec 30, 2014 6:23:35 AM | http://www.thehindu.com/business/markets/sensex-rises-154-pointsas-metal-auto-stocks-lead-rally/article6735555.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-rises-154-points-as-metal-auto-stocks-lead-rally/article6735555.ece?css=print

2/2

1/4/2015

PMI data, Gyan Sangam help Sensex zoom - The Hindu

B usine ss M arke ts
Published: January 2, 2015 16:34 IST | Updated: January 2, 2015 23:45 IST

PMI data, Gyan San gam h elp Sen sex z o o m


Lalatendu Mishra

Positive economic data amid hopes of more reforms fuelled the buying by funds and retail investors, brokers said. File photo

Led by hectic buying in capital goods, banking and IT stocks, the benchmark stock indices surged on Friday. This
followed significant improvement in HSBC Manufacturing Purchasing Managers Index (PMI) data, which hit a twoyear high, and high expectations from the ongoing knowledge summit (Gyan Sangam) of public sector bank heads
along with Reserve Bank of India Governor, Finance Minister and the Prime Minister in Pune.
As buying gained momentum, the BSE Sensex rose to intra-day high of 430 points before closing with a gain of 380
points or 1.38 per cent at 27888 points. Similarly, the NSE Nifty closed with a gain of 111.45 points at 8395.45, up 1.35
per cent.
Among the BSE sectoral indices, capital goods indices closed with a gain of 1.67 per cent, while the Bankex closed 1.66
per cent higher and IT index was up 1.20 per cent. HDFC, ICICI Bank and Axis Bank were among the top five Sensex
gainers on Friday.
The indices rose as the PMI data that grew 54.5 per cent in December was very encouraging. There was also news
that foreign institutional investors have increased their allocation for India by 8 per cent. There was also some short
covering. The Gyan Sangam also added to the buying momentum, said Ambareesh Baliga, independent market
analyst.
The rise was largely attributed to buying in banking stocks. The Prime Ministers participation at the Gyan Sangam
and the expected consolidation in the public sector banking space has given rise to hopes of radical reforms. That is
why people are buying, said Deven Choksey, Managing Director and CEO, KR Choksey Share and Securities.
The Finance Ministrys statement that fiscal position would improve during January-March 2015 quarter following
possible pick up in tax revenue realization, receipts from spectrum auction and stake sale of PSUs also encouraged the
benchmarks said Jayant Manglik, President-retail distribution, Religare Securities.
The surge in PMI indicated that the industrial activity has picked up in December, also expectations of cooling
inflation in December further made strong case for rate cut. The sentiment was also lifted by Gyan Sangam. Banking
stocks delivered a stellar performance today, said Kiran Kumar Kavikondala,Director and CEO, WealthRays
http://www.thehindu.com/business/markets/sensex-rallies-over-325-points-nifty-reclaims-8350-level/article6747947.ece?css=print

1/2

1/4/2015

PMI data, Gyan Sangam help Sensex zoom - The Hindu

Securities.
Keywords: Sensex, Nifty, Asian markets, Indian stock market, BSE, NSE
Printable version | Jan 4, 2015 3:03:32 PM | http://www.thehindu.com/business/markets/sensex-rallies-over-325points-nifty-reclaims-8350-level/article6747947.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-rallies-over-325-points-nifty-reclaims-8350-level/article6747947.ece?css=print

2/2

1/5/2015

Sensex regains 28,000 mark in opening trade - The Hindu

B usine ss M arke ts
Published: January 5, 2015 10:25 IST | Updated: January 5, 2015 10:34 IST

Sen sex regain s 28 ,000 m ark in o pen in g trade


PTI

Marketmen said encouraging manufacturing output data for December buoyed trading sentiments.

The Hindu

The benchmark BSE Sensex reclaimed 28,000 level for the first time since December 9 and the NSE Nifty shot up by
22 points to trade above 8,400 mark in opening trade on Monday on sustained fund inflows.
The 30-share Sensex went past 28,000 mark after over three weeks by rising 122.45 points to 28,010.35.
All the sectoral indices, led by capital goods, metal and auto, were trading in positive zone with gains up to 1.18 per
cent.
The 50-share NSE Nifty gained 22.00 points to trade above the 8,400 level at 8,417.45.
Prominent gainers among the Sensex stocks were L&T, Maruti Suzuki, M&M, NTPC, ONGC, RIL, Sesa Sterlite, Sun
Pharma, Axis Bank, Bajaj Auto, BHEL, Cipla, Hero MotoCorp, Hindalco, Hind Unilever, TCS, Wipro, Tata Power and
Tata Steel.
Among other Asian markets, Japans Nikkei fell 0.72 per cent, while Hong Kongs Hang Seng shed 0.66 per cent in
early trade.
The US Dow Jones Industrial Average closed 0.06 per cent higher in Fridays trade.
Keywords: Nifty, Sensex, BSE, NSE, stock markets
Printable version | Jan 6, 2015 3:38:40 AM | http://www.thehindu.com/business/markets/sensex-regains-28000mark-in-opening-trade/article6756143.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-regains-28000-mark-in-opening-trade/article6756143.ece?css=print

1/1

1/7/2015

Wall Street Rallies on the Back of Positive Data | Fox Business


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Wall Street Rallies on the Back of Positive Data | Fox Business

The ADP report "certainly gives people some encouragement going

Recommended by

into the official jobs number on Friday," said Jankovskis.

Mor ning Biz Outlook

Non-farm payrolls estimates for December are at 240,000 according


to a Reuters survey.
The Dow Jones industrial average <.DJI> rose 133.83 points, or 0.77
percent, to 17,505.47, the S&P 500 <.SPX> gained 16.31 points, or

Morning Business Outlook: 1/6/15

0.81 percent, to 2,018.92 and the Nasdaq Composite <.IXIC> added


36.25 points, or 0.79 percent, to 4,628.99.
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Platfor m Specialty to Acquir e Ar ys ta in $3.5B


Deal
Mid-Mar k et Puls e Sees Str ong Outlook for
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policy-setting committee are due at 2:00 p.m. ET and traders will scan
them for clues on the timing of an interest rate hike. The Fed said it
would take a "patient" approach in deciding when to lift borrowing
costs.
The S&P 500 <.SPX> had fallen for a fifth straight session on
Tuesday, for its longest losing streak in 13 months, as oil prices
tumbled further and data showed slower growth in the U.S. services
sector in December.
Brent <LCOc1> fell as much as 2.8 percent on Wednesday but was
last up 0.3 percent on the day. U.S. crude <CLc1>, down 2.3 percent
at its session low, was recently up 1.8 percent at $48.78 per barrel.
J.C. Penney <JCP.N> shares surged 17.2 percent to $7.69 after the
department store operator said same-store sales rose 3.7 percent in
November and December.
Micron Technology <MU.O> fell 2.4 percent to $32.09 after the
memory chipmaker's quarterly revenue forecast on Tuesday missed
Wall Street's expectations.
Monsanto <MON.N> reported a 34 percent drop in quarterly profit, but
the decline was less steep than analysts expected and shares gained
1.7 percent to $117.78.
(Additional reporting by Chuck Mikolajczak; Editing by Nick
Zieminski)
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Wall Street Rallies on the Back of Positive Data | Fox Business


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LONDON
(Reuters) - Brent
crude oil
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1/4

1/8/2015

Oil steady above $50 as investors take stock after slide - Yahoo Finance

"I wouldn't be surprised if we trundle around the $50 mark for a few
sessions as investors consolidate their positions just as they did
when prices hit $60," Sucden analyst Kash Kamal said.

Oil Prices Are Likely to Remain


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Some firm economic data from the United States helped support
prices. U.S. private employers added 241,000 jobs in December,
beating the median forecasts of analysts, a report by a payrolls
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and because the years of prices above $100 before the recent

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plunge were 'abnormal' historically," he said.


(Additional reporting by Henning Gloystein in Singapore and
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Wall Street Flies Higher for Second Day of Gains | Fox Business
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Pub lished January 08, 2015 / Reuters


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The S&P 500 added 3 percent over the last two sessions, retracing
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most of its 4.2 percent loss in the previous five trading days, leaving
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Though slightly above expectations, initial claims for state

What w ill drive the


markets?

unemployment benefits slipped from the prior week, pointing to a


firming labor market ahead of Friday's key monthly payrolls report.
"We're at the point where the jobs reports have been coming in
consistently in the 200,000 or 200,000-plus range. I think that just
keeps the Fed on track for everything we're expecting," said Michael

Morning Business Outlook: 1/8/15


Platfor m Specialty to Acquir e Ar ys ta in $3.5B
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O'Rourke, chief market strategist at JonesTrading in Greenwich,


Connecticut.
http://www.foxbusiness.com/markets/2015/01/08/us-equity-futures-indicate-higher-open-on-wall-street/?intcmp=bigtopmarketfeatures

1/4

1/8/2015

Wall Street Flies Higher for Second Day of Gains | Fox Business

Friday's December jobs report is expected to show 240,000 non-farm


payrolls added.
Also boosting sentiment, continued weak euro zone data has been
lifting optimism that the European Central Bank will take more
aggressive action.
U.S. crude oil, whose free-fall was among the catalysts for the recent
selloff in stocks, gained for a second day, settling at $48.79 per
barrel. The S&P energy index rose 2.2 percent.
Signs that oil prices may be stabilizing have boosted investor
sentiment, although market analysts were still not ready to say prices
had found a floor.
The Dow Jones industrial average rose 323.35 points, or 1.84
percent, to 17,907.87, the S&P 500 gained 36.24 points, or 1.79
percent, to 2,062.14 and the Nasdaq Composite added 85.72 points,
or 1.84 percent, to 4,736.19.
The S&P 500's two-day gains were its biggest since the Dec. 17-18
Federal Reserve-fueled rally of 4.5 percent. Minutes from that
December Fed meeting released Wednesday reassured investors
the central bank was in no hurry to start raising interest rates.
The S&P also snapped back above its 50-day average, a technical
support level it fell below on Monday.
"Weak hands are being forced to chase. There's a fear of missing out
on the rally," O'Rourke said.
About 7.1 billion shares changed hands on U.S. exchanges, above
the 6.7 billion average for the last five sessions, according to BATS
Global Markets.
Biotechs were among the most active shares. Bind Therapeutics
shares surged 37.1 percent to $7.06, a day after the company said it
enrolled its first patient in a mid-stage trial for its lung cancer drug.
Advancing issues outnumbered declining ones on the NYSE by 2,396
to 718, for a 3.34-to-1 ratio; on the Nasdaq, 2,048 issues rose and
702 fell, for a 2.92-to-1 ratio.
The S&P 500 posted 60 new 52-week highs and 8 new lows; the
Nasdaq Composite recorded 88 new highs and 32 new lows.
(By Caroline Valetkevitch; Editing by Bernadette Baum and Nick
Zieminski)

http://www.foxbusiness.com/markets/2015/01/08/us-equity-futures-indicate-higher-open-on-wall-street/?intcmp=bigtopmarketfeatures

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Stockswatch

Dow soars 323 points after worst start since '08


By Matt Egan @mattmegan5 January 8, 2015: 4:13 PM ET
Recom m end

46

92

37

53

TOTAL SHARES

NEW YORK (CNNMoney)

That was fast.


The stock market freak out of 2015 lasted a grand total of three days. The market is on the upswing again thanks to oil prices
stabilizing and central bankers around the world reiterating their willingness to do whatever it takes to keep the world
economy humming. Will it last?
The Dow soared another 323 points on Thursday and is quickly approaching the 18,000 level it first breached late last year.
The S&P 500, after its worst start since 2008, climbed 1.8%. It has surged a whopping 3.4% since its low point on Tuesday
afternoon. Both indexes are now slightly positive on the year.
"We keep having these buying dips. This was one of the shorter ones," said Ed Yardeni, president of investment advisory
Yardeni Research.
Easy money: He pointed to recent comments by Charles Evans, president of the Federal Reserve Bank of Chicago, who said
this week that it would be a "catastrophe" if the central bank tightens interest rates too soon.
"This bull market has been driven by central bankers who continue to provide liquidity with near-zero rates, making stocks
look awfully compelling," Yardeni said. "The Fed continues to spread fairy dust on this market -- and it keeps working."

The Federal Reserve released the minutes of its December meeting yesterday afternoon, which also helped brighten the mood
of the market. They suggest the central bank is optimistic about the U.S. economy, but in no rush to raise rates.

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

1/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

Several Fed members went as far as to


predict that U.S. growth in 2015 will be even
stronger than previously thought.
Related: 3rd year of the presidential term is
best for stocks
Oil finding a bottom? At the same time, crude
oil appears to finally have stabilized after
weeks of dramatic selling that left it below
$50 a barrel for the first time since the Great
Recession. It's settled around the $48.50 a
barrel level, allowing investors with exposure
to battered energy stocks to breathe a sigh of
relief.
The energy sector of the S&P 500 soared 2.5% on Thursday, led by big gains from Valero (VLO), Apache (APA) and Devon
Energy (DVN).
While low prices are very good for consumers, they have been spooking the stock market in recent days. There's concern the
pain in energy could spread to other sectors. It's also doing lots of damage to the estimated profits of big energy companies.
The apparent oil price stabilization "matters an awful lot" to the stock market, said Peter Kenny, chief market strategist at The
Clear Pool Group. "It's very important to know or have transparency into as many constants as possible."
Economic strength: Markets don't like uncertainty and when the oil price appeared to be in free fall in recent weeks -- plunging
below $60 and then below $50 -- it became a guessing game of how low would oil go? And what does that say about the state of
the global economy?
"The major concern was that the global economy was rolling over the edge," said Bruce McCain, chief investment strategist at
KeyCorp's Key Private Bank.
But the latest economic reports, including upbeat ones this week on U.S. employment, have quieted those worries.
"There's no major sign of deterioration. The fear that things are falling apart has begun to ebb a bit," said McCain.
Related: Stay away from these oil stocks
Greek jitters ease: Wall Street is also less pessimistic about Europe. The latest evidence of deflation appears very likely to
force the European Central Bank to keep printing money. That's probably a good thing for European stocks and should keep a
lid on already-low U.S. rates.
Worries about the Greek elections forcing Athens out of the eurozone have also eased in recent days.
"The market seems to have the attitude of been there, done that. They'll probably figure it out," said Yardeni.
Of course, it's too early to know whether the market rebound will last. The reality is market sentiment shifts all the time and
with a big U.S. employment report out first thing Friday and then corporate earnings for the fourth quarter starting to come
out next week, investors will have a lot to mull over.

First Published: January 8, 2015: 1:05 PM ET

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http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

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themanix

18 minutes ago

What does this even mean anything? Seriously, even in the middle of the
last crash, Dow had 400 points rallies. What does that tell you again?
Flag Share

joexyz

Like

Reply

41 minutes ago

CNN, do you know any others words other than "soars" or "plummets" to
describe something going up or going down?
Flag Share

Like

mitchgam

Reply

26 minutes ago

@joexyz The author of this article has a name, and it is not


CNN.
Flag Share

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

Like

Reply

3/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

miamirocks

42 minutes ago

I love it keep printing money to keep this phantom bull market going just
like the last one. I guess when let's keep piling on to the debt that way
when interest rates do start to rise we will hit 1 trillion dollars in interest
due on the debt. When the crash does come and it is coming, it is going to
be ugly.
Flag Share

mitchgam

Like

Reply

29 minutes ago

@miamirocks QE ended, so in effect we are no longer "printing


money"

Our GDP is growing, and our budget deficit is shrinking, so the


ratio between the two, which is what matters is dropping.

I understand that it is the hope of the GOP to blame a bad and


worsening economy on the Democrats, but unfortunately for
them, the economy is doing better every day.
Flag Share

Aurelius1947

Like

Reply

56 minutes ago

I didn't realize that all the FED experts were posting in this blog under
different aliases.
Flag Share

joexyz

Like

Reply

Like

Reply

40 minutes ago

@Aurelius1947
There are many things you don't realize. That's life.
Flag Share

whatMandate1

1 hour ago

Evans Says Fed Shouldn't Rush Rate Rise as Inflation Undershoots


Bloomberg - 21 hours ago
The U.S. central bank shouldn't rush to raise borrowing costs even as ...
Evans said such a move to tighten too soon would be a catastrophe..
Flag Share

Like

whatMandate1

Reply

1 hour ago

Federal Reserve Bank of Chicago President Charles Evans


Flag Share

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Like

Reply

4/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

whatMandate1

1 hour ago

https://www.cbo.gov/publication/45684
CBOs Projection of Federal Interest Payments
Posted by Wendy Edelberg on
September 3, 2014
Interest payments on that debt represent a large and rapidly growing
expense of the federal government. CBOs baseline shows net interest
payments more than tripling under current law, climbing from $231 billion
in 2014, or 1.3 percent of GDP, to $799 billion in 2024, or 3.0 percent of
GDP the highest ratio since 1996.
The rising debt accounts for some of that increase, but much of it stems
from CBOs expectation that largely owing to the improving economy the
average interest rate paid on that debt will more than double over the
next 10 years, from 1.8 percent in 2014 to 3.9 percent in 2024.
Flag Share

whatMandate1

Like

Reply

Like

Reply

1 hour ago

2007 $9,008 $14,570 62%


2009 $11,910 $14,384 83%
Flag Share

mitchgam

1 hour ago

@whatMandate1 What was it in 2013


We know it was bad at the height of the Bush recession, but
now that it is over what is it?
Now what do they project it to be in 10 years if nothing is done.
Flag Share

DustinG

Like

Reply

50 minutes ago

@mitchgam@whatMandate1

It doesn't matter what it is in 2010 because absolute debt


amounts are meaningless. Let me give you an example.

Exxon Mobil is currently carrying $20 billion in debt. The kid


down the street who's lawn mowing business is failing because
it is winter only has $20 in debt.

Now most conservatives would tell you the kid with the failing
lawn mowing business is doing a billion times better than
Exxon Mobile because he has a billion times less debt.

However that's not the case because absolute debt amounts


are meaningless. What matters are debt to something ratios.

In government what is important is debt to GDP. As long as


GDP keeps growing the debt to GDP ratio can go down even if
debt does not.

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

5/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

Our debt has been growing since the nation was founded back
in 1789. Our debt payments have been growing since the
nation was founded back in 1789. We have done well in spite of
that because GDP has been growing to cover it. That is what
really matters.
Flag Share

dd27

Like

Reply

42 minutes ago

@DustinG@mitchgam@whatMandate1 Yeah but the debt to


GDP ratio hasn't been this bad since WWII.
Flag Share

EricHogue

Like

Reply

38 minutes ago

@dd27@DustinG@mitchgam@whatMandate1 Part of that is


because the national debt is an inaccurate metric. FY2014 the
deficit was less than nominal GDP growth, but thanks to some
sections of the government owing money to other sections of
the government the Debt:GDP ratio increased anyways.
Flag Share

mitchgam

Like

Reply

28 minutes ago

@dd27@DustinG@mitchgam@whatMandate1 By the end of


WWII this country was out of credit, the bombing of Japan, was
an act of desperation on our part. We no longer had the money
to build a third bomb or launch a ground attack.
Flag Share

DustinG

Like

Reply

24 minutes ago

@mitchgam@dd27@DustinG@whatMandate1

The bombs dropped on Japan were the 2nd and 3rd bombs.
Others were in the pipeline. Harry Truman made the decision
to "stop the atomic bombing of Japan" because he knew it was
no longer necessary.

Actually we ran out of money at the beginning of the war and


used deficits as high as 30% during the war. The result was that
it put America back to work fighting the war, it ended the Great
Depression and lead into the "Affluent Society" of the 1950s.
Flag Share

mitchgam

Like

Reply

22 minutes ago

@DustinG@mitchgam@dd27@whatMandate1 sorry, there


really were no more in the pipeline.
We did not have the material to make a 3rd (really your right,

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

6/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015
4th) bomb.
Flag Share

Like

Franks4172

Reply

19 minutes ago

@mitchgam@DustinG@dd27@whatMandate1 The first


bomb was used in the desert. We used bomb 2 and 3.
Flag Share

Like

mitchgam

Reply

17 minutes ago

@Franks4172@mitchgam@DustinG@dd27@whatMandate
1 Yes, as you see above I agreed with that, just assumed most
people didn't know about it and didn't want to get into a
debate about it.
Flag Share

DustinG

Like

Reply

26 minutes ago

@dd27@DustinG@mitchgam@whatMandate1

That is because Democrats haven't had to bail the country out


of a "Great" Republican economic disaster since WWII.
Flag Share

mitchgam

Like

Reply

24 minutes ago

@DustinG@dd27@mitchgam@whatMandate1 Only because


GHBush fell on his political sword and did it for them after the
economic mismanagement of the Reagan administration.
Flag Share

mitchgam

Like

Reply

1 hour ago

There was a time when the stock market was a somewhat accurate
reflection of the economy, as we were taught in school.

But, that was before computerized trading, when people made decisions
what to buy and sell based on the company and its earnings.

Now computers are programed to buy and sell at specified price points,
pushing stocks up then down further and faster then their actual value
would dictate.

Hence the roller coster effect we are seeing.


Flag Share

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7/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

joexyz

40 minutes ago

@mitchgam
Total FAIL.
Flag Share

DustinG

Like

Reply

Like

Reply

21 minutes ago

@joexyz@mitchgam

Definitions

Total FAIL = "This page intentionally left blank".


Flag Share

mitchgam

20 minutes ago

@DustinG@joexyz@mitchgam I tend to ignore people who


act like small children.
Feeding trolls only encourages them.
Flag Share

whatMandate1

Like

Reply

1 hour ago

We are in uncharted territory on an Grand Global Scale. So all the history


buffs, the past is useless in measuring exactly what will happen moving
forward. Until our Fed normalize it's Balance sheet, QE is essentially
ongoing. They are using their balance sheet, which is massive by the way,
to continue the efforts of the initial QE buying. Lower Global Rates
elsewhere and our own Treasuries falling because of that fact has helped
them. So don't mistake what's actually going on for something different.

Debt matters regardless of what you want to call it. That is never more
evident during a given recession. Don't ASSUME that just because this
Grand Experiment has worked thus far that there won't be dire
consequences eventually. Our own CBO predicts that interest payments on
the federal debt will more than triple within 10yrs and that without a
Recession or a Stock Market massive Decline. I stated that 2015 will be
the year of Contagion. The US can't continue to be an Island by itself if the
Euro-zone continues to decline and China does the same. Japan is likely
worst off than both.

This is early in the game for 2015, a ton things yet to play out. Funny how
folks get all giddy one way or the other after barely a week in the new year.
Flag Share

Like

EricHogue

Reply

1 hour ago

@whatMandate1 The past is absolutely useful. Just because it


can't provide us guaranteed predictions doesn't mean it
doesn't have utility. Of course, it makes sense that someone
that doesn't know the difference between the national debt
and annual deficits would want to minimize the relevant
http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

8/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015
information.

Those CBO predictions about the interest rate are premised on


an improving global economy, FYI. Don't cherrypick.
Flag Share

Like

whatMandate1

Reply

1 hour ago

@EricHogue@whatMandate1
So you don't know the difference. Read. Anyone that's
minimizing things and cherry picking, that's you bud.
Flag Share

Like

EricHogue

Reply

1 hour ago

@whatMandate1@EricHogue There are starving children in


Africa, are you going to finish that post?
Flag Share

DustinG

Like

Reply

44 minutes ago

@whatMandate1

First you say we can't go by history then you start in with the
usual conservative doom and gloom. Ok if we can't go by
history, what are you basing your "dire consequences" on?

The unstable consequences of Laissez Faire (i.e. Republican)


economics have been a problem since the early 19th century
when the industrial revolution began. We see Laissez Faire
causing the same problems today it caused back then.

The fact that stimulus ends recessions and austerity pushes


economics back toward recession has been consistent as well.

What have you got to back up your endless claims? Anything?


So far all we've heard is six years of "the sky is falling". So far, no
sky pieces on the lawn.
Flag Share

miamirocks

Like

Reply

28 minutes ago

Tell that to Europe who has thrown billions at stimulating raise


people's taxes to death and some of those countries have a
debt to GDP Greater than 100%. We have 18 trillion in debt
and rising and 100 trillion in unfunded liabilities. If we keep
going the way we are going , we will be in deep trouble soon
enough. People are in denial if they think we can keep going this
way.
Flag Share

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

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9/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

DustinG

19 minutes ago

@miamirocks

Actually Europe responded to the Great Recession with


austerity and they are headed back toward recession.

The US responded to the Great Recession with stimulus and we


have had six years of growth in GDP and the stock market.

Our debt has been increasing since 1789 and so far it has not
caused a problem as long as GDP keeps growing as well.
Flag Share

PELLES

Like

Reply

Like

Reply

1 hour ago

Like a roller coaster just hang on and enjoy the ride.


Flag Share

OkThenWhat

1 hour ago

Maybe it's time to buy Eli Lilly stock shares. I'm sure prozac sales is
booming.... I mean all those folks shorting the markets or buying those
ultra-short-ETFs looking at their portfolio must be clinically depressed for
the past few years and today...

Flag Share

Like

OkThenWhat

Reply

2 hours ago

Hey short sellers and buyers of ultra-short ETFs. It's time you buy shares
in the company Kimberly-Clark... They make the Depends adult diapers.
And you're going to need it for how much you're going to be peeing and
pooping in your pants after seeing today's run up and after last year's run
up in the stock market.... HA HA
Flag Share

STD197

Like

Reply

2 hours ago

If these"financial planners" and "experts" really had any idea about what
the market was going to do they would not be working for CNN. They
would be bumping into each other with their yachts in the Bahamas.
No one can time the market. They may be right once in a while but
remember "even a broken watch tells the right time twice a day."
Flag Share

Concerned122

Like

Reply

2 hours ago

Nutty biopolar market.


http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

10/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

Flag Share

Johnny1115

Like

Reply

Like

Reply

Like

Reply

2 hours ago

Now that oil is stable, is it time to buy oil stocks?


Flag Share

Democant2016

2 hours ago

@Johnny1115
Yes!!!!
As long as your time horizon is 2+ years.
Flag Share

Money User

1 hour ago

@Johnny1115 Exxon, Lyondell, Marathon and Chevron stand


to make a bunch of money on the refining end of this, people
are going to start driving more and they are going to sell a lot
more gasoline in the US, where the economy is also improving.
Refiners make their money on volume and on the spread, the
actual price of oil isn't as big a factor. Oil companies that do not
have a refining component are going to take it in the shorts for
the next couple of years. That's why Chevron and Exxon are
going up while Halliburton is going down.
Flag Share

miamirocks

Like

Reply

20 minutes ago

Oil is stable temporarily. It will go down to 40 bucks a barrel


soon. They just had to stop the slide to keep the market going.
Just wait until the Greek elections take place later in the
month. This is what you call market manipulation n that's the
same thing they said when he hey did it at 70, 60 and 50. There
is a worldwide glut of gasoline inventory that they can't sell off.
Gas keeps coming down. This was just a little break in the
downward price to get everyone in to buying.
Flag Share

david95

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Reply

2 hours ago

The Fed said it won't raise interest rates. Meaning it will keep pumping
money into the banks, even though they said they are stopping QE3. Look
at the big gainers. They are banks. Yehaw. Cheap printed money bailed us
out again. For how long?
Flag Share

Like

DustinG

Reply

2 hours ago

@david95

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

11/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

Hopefully for a really long time. During WWII Congress gave


FDR deficits over 30% of GDP. It put America back to work
fighting the war, ended the Great Depression and lead to the
Affluent Society of the 1950s.

In the 1980s Ronald Reagan went hat in hand to Congress and


got massive deficits to end his recession. It lead to a booming
recovery that allowed him to ask "are you better off than you
were four years ago".

So yes, the deficit spending of Keynesian economics works. Not


only that it is the only thing that works to end a recession or
sustain a recovery when interest rates are bottomed out.
Flag Share

david95

Like

Reply

2 hours ago

@DustinG@david95 I wonder if $260 Billion Debt during


FDRs time, $1 Trillion debt during Reagan's time, and the $18+
trillion today should factor in those calculations at all? I
wouldn't care if all I thought about was "today". I will tell you
this. I really "hope" you are correct. I only "fear" you are not.
Flag Share

Like

Money User

Reply

1 hour ago

@david95I don't see the US government struggling to pay debt


that has the lowest interest rate in US history. You people over
emphasize the effect of it.
Flag Share

EricHogue

Like

Reply

1 hour ago

@Money User@david95 The FY2014 debt accruing


slower(Annual deficit) than the tax base increased(nominal
GDP) certainly didn't hurt.
Flag Share

dharmaxyz

Like

Reply

2 hours ago

@david95 Until people realize that we have been living too


large for decades. The alternative is to start paying for what we
have wanted, with much larger taxes. Or cut entitlements and
defense, completely. The government is arguing over
discretionary money because it is easy to get sound bites out of
it. You know, like cuts in NPR financing because it is perceived
to be liberal, even though the savings is in the millions, not the
billions that should be addressed.
Flag Share

david95

Like

Reply

2 hours ago

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

12/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

@dharmaxyz@david95 I agree. But to many people tend to


think we can pay for all our debt with more printed (Keynesian)
money. I guess since I have no evidence or proof "when" it will
happen, nobody cares. :(

I am a scientist. And I don't like when economists use science in


the economy. Half of the economy are the choices made by the
people. No science can calculate that. My science is in
Computers. They don't think and behave like humans.
Flag Share

EricHogue

Like

Reply

2 hours ago

@david95@dharmaxyz The law of large numbers makes


people more predictable. People are completely unpredictable
on an individual basis, but hundreds of millions of people
become far more predictable.

Literally the only way that we can pay off our debt is with more
printed money(fiat currency) - it's what our debt is
denominated in.
Flag Share

MLeRoy

Like

Reply

1 hour ago

@david95@dharmaxyz There are three kinds of economists in


the world. Those who can count. And those who can't.

That's a joke, son. I say, that's a JOKE.

Economists LIKE to assume that people behave rationally


when they make their economic choices. IF you make that
assumption, you can build mathematical economic models that
would be perfectly valid. IF people always behaved rationally.
As we have learned (to our cost), however, people do not
always behave rationally. Millions of Americans were buying
homes in the 2000s at the peak of a pretty damned obvious
housing bubble. They were buying high and were ultimately (in
many cases) forced to sell low, and lost their homes. And if
people behave irrationally, it is very much harder to create
good mathematical models of how people will behave. Almost
the very definition of irrational behavior is that irrational
people behave in unpredictable ways.

But a whole school of behavioral economics has found that


even irrational people sometimes behave in PREDICTABLY
irrational ways.

It gets complicated from there......

Dismissing economics as a science because it struggles to make


accurate predictions is wrongheaded, though. By that standard,
geology ain't no real science, because them geologist fellers
cain't predict earthquakes!
Flag Share

http://money.cnn.com/2015/01/08/investing/stocks-markets-oil-prices/index.html

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13/14

1/8/2015

Dow soars 323 points after worst start since 2008 - Jan. 8, 2015

EricHogue

1 hour ago

@MLeRoy@david95@dharmaxyz I always loved Foghorn


Leghorn.
Flag Share

thing55

Like

Reply

2 hours ago

@david95 QE ended a few months ago. Where have you been?


And, no. The Fed did not say it won't raise interest rates.
Flag Share

EricHogue

Like

Reply

2 hours ago

@thing55@david95 He might not know the difference


between QE and ZIRP.
Flag Share

MLeRoy

Like

Reply

1 hour ago

@david95 QE3 DID end, back in November of last year. Try to


keep up with the news.
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14/14

1/8/2015

Sensex closes 366 points up; bank, auto stocks rise - The Hindu

B usine ss M arke ts
Published: January 8, 2015 16:29 IST | Updated: January 8, 2015 16:29 IST

Sen sex clo ses 366 po in ts u p; ban k , au to sto ck s rise


IANS

After three consecutive days of decline, a benchmark index of Indian equities markets closed Thursdays trade up 366
points or more than one and a half percent.
All sector-based indices of the S&P Bombay Stock Exchange (BSE) ended with healthy gains.
The rally was led by banking, auto, healthcare, capital goods, fast moving consumer goods (FMCG) and metal stocks.
The 30-scrip Sensitive Index (Sensex) of the S&P BSE, which opened at 27,178.77 points, closed at 27,274.71 points
(provisional), up 365.89 points or 1.36 per cent from the previous days close at 26,908.82 points.
The Sensex touched a high of 27,316.41 points and a low of 27,101.94 points in the intra-day trade.
The S&P bankex gained 434.63 points, auto index went up by 294.40 points, healthcare index surged by 169.97
points, capital goods index moved up by 156.89 points, FMCG index rose by 149.34 points and metal index got
augmented by 135.42 points.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the trade with healthy gains. It was up
132.50 points or 1.64 percent up at 8,234.60 points.
Keywords: sensex, NSE, BSE, Nifty
Printable version | Jan 9, 2015 7:03:26 AM | http://www.thehindu.com/business/markets/sensex-closes-366-pointsup-bank-auto-stocks-rise/article6767954.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-closes-366-points-up-bank-auto-stocks-rise/article6767954.ece?css=print

1/1

1/12/2015

Sensex rises 127 points to one-week high on late buying - The Hindu

B usine ss M arke ts
Published: January 12, 2015 16:32 IST | Updated: January 12, 2015 16:35 IST

Sen sex rises 127 po in ts to o n e-w eek h igh o n late bu yin g


PTI

Indian markets gained for the third straight session on Monday with benchmark Sensex surging nearly 127 points to
one week closing high of 27,585.27 on late buying in blue-chips ahead of retail inflation and IIP data.
The NSE Nifty index reclaimed the 8,300-mark by rising 38.50 points, or 0.46 per cent, to end at 8,323.
After staying in red for most part of the session, the broader indices gained pace in the last one and a half hours.
The BSE 30-share Sensex, after slumping to days low of 27,323.74, staged a comeback as it wiped off losses to close
126.89 points, or 0.46 per cent, higher at 27,585.27. This is its strongest close since 27,842.32 on January 5.
The index has now gained over 676 points in three days.
Gainers in the 30-share Sensex include Hindustan Unilever, L&T, Infosys, HDFC, BHEL, ICICI Bank, SBI, Axis Bank,
Dr Reddys, Sun Pharma, TCS, Tata Power, Wipro and NTPC.
Speaking on the sidelines of Vibrant Gujarat Summit, Finance Minister Arun Jaitley said investments are
significantly going to move up in coming days.
All eyes are now on November IIP data and December retail inflation, to be released later on Monday, brokers said.
Markets rose with the expectations that the economy may come out of the contraction in industrial activity as
depicted by Octobers IIP data, said Bonanza Portfolio, Senior Vice President, Rakesh Goyal.
Sectorally, the BSE Capital Goods index gained the most by rising 1.55 per cent, followed by FMCG 1.42 per cent, IT
1.32 per cent, Banking 0.90 per cent, Power 0.51 per cent, Consumer Durables 0.49 per cent and Healthcare 0.32 per
cent.
Major Sensex losers were RIL, GAIL and ONGC, which dragged down the BSE Oil and Gas index by 1.19 per cent. Coal
India slumped over 4 per cent on disinvestment buzz.
Helped by retail investors buying, the small-cap index rose 0.83 per cent and mid-cap index surged 0.58 per cent.
Higher closing at other Asian markets and a better opening in Europe also influenced trading sentiments here.
Foreigners sold shares worth a net Rs 297.99 crore last Friday as per provisional data.
Keywords: Sensex
Printable version | Jan 12, 2015 11:20:47 PM | http://www.thehindu.com/business/markets/sensex-rises-127-pts-tooneweek-high-on-late-buying/article6781147.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-rises-127-pts-to-oneweek-high-on-late-buying/article6781147.ece?css=print

1/1

1/15/2015

Sensex zooms 600 points, Nifty above 8,400 on RBI rate cut - The Hindu

B usine ss M arke ts
Published: January 15, 2015 10:13 IST | Updated: January 15, 2015 13:56 IST

Sen sex z o o m s 600 po in ts, Nifty abo ve 8 ,400 o n RBI rate cu t


PTI

The benchmark BSE Sensex climbed over 600 points and the NSE Nifty regained the 8,4000-mark in opening trade
on Thursday as rate-sensitive stocks led rally after the RBI in a surprise move cut repo rate by 0.25 per cent.
The 30-share index, which shed 238.45 points in the previous two sessions, rebounded by 600.77 points, or 2.19 per
cent, to trade at 27,947.59.
All the sectoral indices, led by banking and realty were trading in the positive terrain with gains up to 3.01 per cent.
On similar lines, the National Stock Exchange index Nifty regained the psychological 8,400-mark by surging 176.05
points, or 2.12 per cent to, 8,453.60.
Brokers said sentiments buoyed largely on the back of the RBIs surprise move to cut repo rate by 25 basis points to
7.75 per cent, triggering all-round buying, particularly in interest-sensitive stocks.
Besides, encouraging quarterly earnings by some blue-chip companies and a better trend at other Asian bourses
boosted sentiments.
Among other Asian markets, Hong Kongs Hang Seng index was up by 0.15 per cent, while Japans Nikkei moved up
by 1.46 per cent in early trade on Thursday.
The U.S. Dow Jones Industrial Average ended 1.06 per cent lower in Wednesdays trade.
Keywords: sensex, BSE, NSE, nifty, Indian stock market
Printable version | Jan 15, 2015 2:04:34 PM | http://www.thehindu.com/business/markets/sensex-zooms-582points-as-rbi-cuts-repo-rate-nifty-jumps-171-points/article6791553.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-zooms-582-points-as-rbi-cuts-repo-rate-nifty-jumps-171-points/article6791553.ece?homepage=true&css=print

1/1

1/15/2015

Sensex jumps 728 points to above 28,000 - The Hindu

B usine ss M arke ts
Published: January 15, 2015 17:00 IST | Updated: January 15, 2015 17:00 IST

Sen sex ju m ps 728 po in ts to abo ve 28 ,000


PTI

Over 1,700 stocks listed on the BSE rose.

The Hindu

Ma rk ets la p u p RBI ra te c u t

Stock markets cheered the RBIs surprise move to cut repo rate with the benchmark Sensex on Thursday surging
728.73 points in its biggest single-day gain since May 2009 to end at 28,075.55 on the back of all-round buying.
The NSE Nifty soared 216.60 points to close at 8,494.15.
Investor wealth reclaimed the Rs. 100-lakh crore mark led by gains in shares of realty, banking, capital goods, power,
auto and oil & gas. Over 1,700 stocks listed on the BSE rose.
Besides, a strengthening rupee which was trading over one per cent higher at 61.35 against the dollar (intra-day) also
buoyed the trading sentiments.
Prominent gainers among the 30 Sensex stocks include HDFC, SBI, ICICI Bank, L&T, Tata Power, RIL, M&M, Maruti
Suzuki, ITC Ltd, Axis Bank, HDFC Bank and Tata Motors. Among Sensex components, 28 stocks gained, while
Hindalco and Hindustan Unilever declined.
Thursdays Sensex gain of 728.73 point is the biggest daily rise since May 4, 2009 when it had jumped by 731.50
points.
The Reserve Bank of India today surprised markets with a 25 basis points cut in repo rates to 7.75 per cent with a
view to boost economic growth.
This rate cut...can be taken by the markets as a signal to a rate lowering cycle. This also signals a certain confidence
that the RBI is showing in longer term trends on fiscal front and a leading signal of a victory over the inflation
dragon, said Tushar Pradhan, Chief Investment Officer, HSBC Global Asset Management India.
Buying activity gathered momentum as funds and investors were seen creating positions on hopes of further market
friendly measures and hopes of encouraging quarterly earnings by blue-chip companies, brokers said.
A firming trend at other Asian bourses following rebound in commodity prices including oil and copper after
Wednesdays plunge and a higher opening in European markets were other factors behind Thursdays rally, they said.
http://www.thehindu.com/business/markets/sensex-jumps-728-points-to-above-28000/article6792492.ece?homepage=true&css=print

1/2

1/15/2015

Sensex jumps 728 points to above 28,000 - The Hindu

Sectoriwse, the BSE Realty index gained the most by surging 7.99 per cent, followed by Banking index by 3.29 per
cent, Capital Goods index by 2.40 per cent, Auto index by 2.13 per cent, Power index rose by 2.10 per cent and Oil &
Gas index 2.01 per cent. In line with overall trends, Smallcap index rose 1.01 percent and Mid-cap index was up 1.2
per cent.
Meanwhile, foreign portfolio investors sold shares worth a net Rs. 69.74 crore on Wednesday as per provisional data.
Keywords: Sensex, RBI rate cut, NIFT, closing trade
Printable version | Jan 15, 2015 9:20:33 PM | http://www.thehindu.com/business/markets/sensex-jumps-728points-to-above-28000/article6792492.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-jumps-728-points-to-above-28000/article6792492.ece?homepage=true&css=print

2/2

1/16/2015

Wall Street Climbs After Swiss Move as Energy Gains | Fox Business

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Wall Street Climbs After Swiss Move as Energy Gains | Fox Business

"Some of this is also just volatility, a little bit of a bounceback.

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Mor ning Biz Outlook

at an 11-year high... means maybe people are going to be out there


spending a bit more," said Larry Peruzzi, senior equity trader at
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Shares of retail foreign exchange broker FXCM Inc, were halted after
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franc's value.
Two people familiar with the matter said investment bank Jefferies
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Advancing issues outnumbered declining ones on the NYSE by 2,219
to 838, for a 2.65-to-1 ratio; on the Nasdaq, 1,842 issues rose and
872 fell for a 2.11-to-1 ratio.
The benchmark S&P 500 index was posting 23 new 52-week highs
and 15 new lows; the Nasdaq Composite was recording 29 new
highs and 95 new lows.

(By Chuck Mikolajczak; Editing by Bernadette Baum and Jeffrey


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1/19/2015

Sensex, Nifty rise to over six-week high - The Hindu

B usine ss M arke ts
Published: January 19, 2015 23:22 IST | Updated: January 19, 2015 23:22 IST

Sen sex, Nifty rise to o ver six-w eek h igh


PTI

The benchmark Sensex on Monday jumped 140.12 points to end at over six-week high of 28262.01, led by sharp gains
in tech major Wipro and bluechips from banking and auto sectors.
Software services provider, Wipro was the top Sensex gainer with a rise of 5.26 per cent after it announced better
than expected earnings last Friday after markets closed.
The BSE 30-share barometer resumed higher in line with firm Asian cues on the back of smart rise on Wall Street on
last Friday.
It remained in positive terrain throughout the day before concluding at 28262.01, revealing a gain of 140.12 points or
0.50 per cent. The wider 50-share CNX Nifty of the NSE also improved further by 36.90 points to 8550.70.
Ru p ee u p 16 p aise
The rupee on Monday jumped by 16 paise to end at over two-month high of 61.71 against the greenback on good
inflows in local markets and sustained dollar sales by exporters, extending its winning trend to third straight day.
At the inter-bank foreign exchange market, the rupee resumed strong at 61.60 a dollar against its previous close of
61.87 and immediately touched a high of 61.58.
Later, it met with resistance and fell back to a low of 61.79 before settling at.61.71.
Keywords: Sensex, Nifty, rupee value, Wipro
Printable version | Jan 20, 2015 1:33:20 AM | http://www.thehindu.com/business/markets/sensex-nifty-rise-to-oversixweek-high/article6802580.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-nifty-rise-to-over-sixweek-high/article6802580.ece?homepage=true&css=print

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1/22/2015

Sensex extends gains, ends at new high above 29,000; Nifty also hits

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Sensex extends gains, ends at new high


above 29,000; Nifty also hits new high
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The BSE benchmark Sensex crossed the 29,000 mark for the first ever time and
settled at 29,006.01, gaining 117.16 points or 0.41%, after rising to a high of

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29,060.41 intraday.
talking point on sify finance
The Nifty index of the National Stock Exchange, which hit a new high at 8774.15,

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closed with a gain of 31.90 points or 0.37% at 8761.40.

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Capital goods and healthcare stocks were among the top gainers. Cement stocks
saw some strong buying amid hopes the government will step up the process to
implement the Housing For All scheme. Realty, automobile, bank and metal stocks
too found good support.
Select IT, FMCG and power stocks edged higher, while oil and consumer durables
stocks were weak.
Midcap and smallcap stocks were quite subdued and the market breadth was slightly
negative.

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1/22/2015

Sensex extends gains, ends at new high above 29,000; Nifty also hits
Sun Pharmaceutical Industries, up 3.7%, topped the Sensex gainers list. Axis Bank
moved up 3.3% and Tata Motors rose 2.7%.

India
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ONGC, Cipla, Tata Steel, Infosys, Coal India, Wipro and Dr Reddy's Laboratories
gained 1% - 2%. Larsen & Toubro, Mahindra & Mahindra, Sesa Sterlite, BHEL and
Hindustan Unilever also closed higher.
DLF gained 3.5%. Ultra Tech Cement, IDFC, Zee Entertainment Enterprises, Lupin,
Asian Paints, Power Grid Corporation and ACC moved up 1% - 2.5%. IndusInd Bank
and Ambuja Cements also ended notably higher.
Reliance Industries declined 2.4%. NTPC shed about 2.1%. HCL Technologies,
Punjab National Bank, Tech Mahindra, Hero Motocorp, NMDC, GAIL India, Maruti
Suzuki and Bank of Baroda also closed weak.
L&T Finance Holdings, Sterlite Technologies and Dish TV moved higher on
encouraging results. ING Vysya Bank, IFB Agro and Alembic were under pressure
due to weak quarterly earnings reports. Shares of Hitachi Home & Life Solutions hit
the 20% upper circuit today after the company's parent company said it would divest
its stake in Hitachi Home & Life Solutions into a global joint venture.

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1/22/2015

Sensex ends above 29,000, Nifty at new peak of 8,774 - The Hindu

B usine ss M arke ts
Published: January 22, 2015 17:05 IST | Updated: January 22, 2015 17:06 IST

Sen sex en ds abo ve 29,000, Nifty at n ew peak o f 8 ,774


PTI

Extending their record-setting spree for the third day, the BSE Sensex on Thursday closed above the 29,000-mark for
the first time and the Nifty touched another peak of 8,774.15 with sustained buying by funds in healthcare, capital
goods, metal and auto sector stocks.
Continuing its surge for the sixth day, the BSE Sensex crossed the landmark 29,000-level for the first time to hit a
life-time high of 29,060.41.
After paring some gains, the 30-share index settled at an all-time closing peak of 29,006.02, up by 117.16 points, or
0.41 per cent, over the previous close. It surpassed the earlier record closing of 28,888.86 hit on Wednesday.
The gauge has now gone up by 1,659.20 points in the six consecutive sessions.
It took 50 trading sessions from November 12 to January 22 to reach the historic 29,000-level from 28,000.
Also, the NSE Nifty continued its winning run and zoomed to hit a fresh record-high of 8,774.15, breaking its earlier
record of 8,741.85 (intra-day) reached on Wednesday.
However, profit-booking at record levels trimmed some gains but the Nifty ended at a new record high of 8,761.40, up
31.90 points, surpassing its previous closing peak of 8,729.50 in Wednesdays trade.
Improving macroeconomic data, surprise rate cut by the Apex bank last week and encouraging Q3 earnings by some
bluechip companies and positive global cues buoyed the market and helped key indices to hit new highs, brokers said.
Meanwhile, foreign portfolio investors (FPIs) remained the main driving force behind the ongoing bull-run. FPIs
bought shares worth a net Rs. 2,065.49 crore on Wednesday, according to provisional data from the stock exchanges.
Sensex components which supported the key indices to hit fresh highs were Sun Pharma (3.65 p.c.), Axis Bank (3.30
p.c.), Tata Motors (2.70 p.c.), ONGC (2.01 p.c.), Cipla (1.73 p.c.), Tata Steel (1.51 p.c.), Infosys (1.41 p.c.), Coal India
http://www.thehindu.com/business/markets/sensex-ends-above-29000-nifty-at-new-peak-of-8774/article6811801.ece?css=print

1/2

1/22/2015

Sensex ends above 29,000, Nifty at new peak of 8,774 - The Hindu

(1.24 p.c.), Wipro (1.17 p.c.), Dr Reddy (1.01 p.c.), L&T (0.86 p.c.), Sesa Sterlite (0.83 p.c.), BHEL (0.67 p.c.), M&M
(0.47 p.c.), HUL (0.40 p.c.), Hindalco (0.24 p.c.) and Bharti Airtel (0.24 p.c.).
Sectorwise, BSE Healthcare index gained the most by rising 1.69 per cent, followed by Capital Goods index 1.12 per
cent, Auto index 0.72 per cent, Metal index 0.67 per cent, Realty index 0.54 per cent, IT index 0.45 per cent, Banking
index 0.37 per cent, Power index 0.22 per cent and FMCG 0.20 per cent.
Buying activity in small and midcap also gathered momentum, with the BSE midcap index rising by 0.07 per cent
and smallcap index by 0.23 per cent.
Keywords: sensex, BSE, NSE, Nifty, stock market
Printable version | Jan 23, 2015 12:31:27 AM | http://www.thehindu.com/business/markets/sensex-ends-above29000-nifty-at-new-peak-of-8774/article6811801.ece
The Hindu

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1/22/2015

3 reasons why the ECB stimulus matters - Jan. 22, 2015


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3 reasons why the ECB stimulus matters


By Paul R. La Monica @lamonicabuzz January 22, 2015: 4:15 PM ET
Recom m end

39

Europe's troubled economy gets big boost

67

33

32

TOTAL SHARES

NEW YORK (CNNMoney)

The European Central Bank finally launched a big stimulus program that's similar to the one the Federal Reserve used in the
wake of the 2008 financial crisis.
And Wall Street responded with a hearty cheer of "Bellissimo!" for ECB chief Mario Draghi.
Even if you don't live in Europe, this matters. Stocks enjoyed a solid rally Thursday. The Dow gained 260 points and the S&P
500 and Nasdaq each rose more than 1.5%.
At the same time, the dollar gained more ground against the euro. The greenback hit an 11-year high. That will have
ramifications for U.S. travelers and businesses.
Related: ECB unveils big new stimulus program
So why should you care?
1. Europe is finally getting serious. The ECB promised to buy more bonds than expected. So that was a pleasant surprise and
the reason stocks bounced.
Draghi said Thursday that the ECB will purchase 60 billion worth of bonds a month as part of its so-called quantitative easing
program, a good bit higher than chatter Wednesday predicting just 50 billion.
"The market reaction: pretty much unalloyed joy. Almost everything rallied," wrote Kit Juckes, global head of foreign exchange

http://money.cnn.com/2015/01/22/investing/european-central-bank-mario-draghi-stocks/index.html

1/5

1/22/2015

3 reasons why the ECB stimulus matters - Jan. 22, 2015

strategy for Societe Generale, in a report. "About the only thing which didn't rally was the Euro."
But more importantly, the ECB's announcement showed investors that Europe may finally be serious about repairing its many
economic problems. That should help contain the negative spillover to the U.S.
"This is a big deal. The EU countries do not fully agree with each other but are all aligned in desire to get Europe back on track in
a robust manner," said David Marcus, manager of the Evermore Global Value Fund (EVGBX).
Related: New year, same old problems for Europe
Of course, QE will not be sufficient to cure Europe's woes. Many of the individual governments that are part of the eurozone
will also need to enact reforms in order to end the tide of rising unemployment, falling consumer prices and economic
stagnation.
2. Weak euro is mostly good. The slide in the euro should make European goods cheaper for American consumers. That would
be good news for any U.S. retailers that sell them.
And that Roman holiday you've been longing to take? Now's probably the time. That should help the airlines and big hotel
chains.
Related: One U.S dollar could soon equal one euro
There could be one big negative from the ECB's QE program though. The plunge in the euro could hurt the revenue and profits
of big U.S. firms with exposure in Europe.
Johnson & Johnson (JNJ), IBM (IBM, Tech30) and American Express (AXP) have already noted that the stronger dollar has
been a problem for them.
3. Germany isn't going to screw this up. Germany has been particularly vocal about not wanting to do more bailouts of weaker
nations, such as Greece.
There have been some worries that a victory by the anti-austerity party Syriza in this weekend's Greek elections could set the
stage for a showdown between Greece and Germany that would lead to Greece dropping the euro currency.
It's unclear what the ripple effects would be for the rest of Europe and the global economy and markets if that were to happen.
Related: Greece elections: Have 5 years of austerity paid off?
But Riad Younes, co-manager of the RSQ International Equity Fund (RSQIX), thinks that the "Grexit" fears are overblown.
He thinks that the ECB news is a sign that Germany, which had expressed some reservations in the past about a QE program, is
willing to make some concessions for the good of the eurozone.
"Even if Syriza wins, Germany should be willing to find some common ground with Greece," he said. "A compromise is likely."
Add this all up and it's easy to understand why Wall Street is breathing a sigh of relief.
Further malaise in Europe's economy could threaten the recovery in the United States. And that's the last thing we need at a
time when the Fed is finally preparing to raise interest rates.

First Published: January 22, 2015: 1:13 PM ET

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1/22/2015

Wall Street Climbs After ECB's Historic Move | Fox Business

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1/22/2015

Wall Street Climbs After ECB's Historic Move | Fox Business

He said the sectors most likely to gain from the ECB move would be

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The Dow Jones industrial average rose 259.7 points, or 1.48 percent,
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Shares in Europe jumped 1.6 percent to close at a seven-year high.


After the closing bell, Starbucks shares rose 3.2 percent to $85.41
after sales at established restaurants in its Americas region were
slightly stronger than analysts' estimate.
American Express was the largest points weight on the S&P 500,
down 3.8 percent to $84.37, a day after it said it would cut more than
4,000 jobs this year as expenses and provisions for bad loans rose.
F5 Networks Inc slumped 10 percent to $113.40. The network
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changing hands on U.S. exchanges, above the daily average of 7.27
billion so far this month.
NYSE advancing issues outnumbered decliners 2,428 to 651, for a
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The S&P 500 was posting 78 new 52-week highs and 5 new lows; the
Nasdaq Composite was recording 61 new highs and 73 new lows.
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http://www.foxbusiness.com/markets/2015/01/22/us-equity-futures-cautious-ahead-ecb-meeting/

2/4

1/27/2015

Sensex, Nifty hit new peaks - The Hindu

B usine ss M arke ts
Published: January 27, 2015 16:31 IST | Updated: January 27, 2015 16:31 IST

Sen sex, Nifty h it n ew peak s


PTI

The markets rise for 8th straight day on Tuesday.

PTI

W h ile Sen sex to u c h ed a n a ll-tim e o f 29,618 .5 9, Nif ty brea c h ed th e 8 ,90 0 -m a rk f o r th e f irst tim e.

Extending their winning run to the eighth straight session, the benchmark Sensex on Tuesday jumped 292.20 points
to end at new closing high of 29,571.04 and Nifty surpassed the 8,900-mark for the first time on optimism over IndoUS nuclear deal amid sustained foreign fund inflows.
The BSE Sensex resumed higher at 29,451.65 and then touched all-time high of 29,618.59, before settling at fresh
closing peak of 29,571.04 -gain of 292.2 points or 1 per cent.
In eight successive sessions, the Sensex has zoomed by 2,224.22 points or 8 per cent. In five of those days, it has hit
new highs.
Sentiments remained buoyant as foreign flows continued into domestic equities. On Friday, foreign investors bought
shares worth Rs. 2,019.98 crore in cash market. In past one week, foreign investors have pumped in almost Rs. 6,550
crore.
The NSE Nifty on Tuesday opened at 8,871.35 and breached the 8,900-mark for the first time as it touched all-time
high of 8,925.05. It ended with a gain of 74.90 points, or 0.85 per cent, at new closing peak of 8,910.50.
Capital goods sector stocks hogged the limelight after the U.S. President Barack Obama and Prime Minister Narendra
Modi unveiled a deal aimed at unlocking billions of dollars in nuclear trade and deepening defence ties.
In key earnings, stocks of Maruti Suzuki India rose by 2.12 per cent after the countrys largest carmaker reported 17.8
per cent growth in net profits for the third quarter.
http://www.thehindu.com/business/markets/sensex-nifty-hit-new-peaks/article6826290.ece?homepage=true&css=print

1/2

1/27/2015

Sensex, Nifty hit new peaks - The Hindu

Other prominent gainers among the 30 Sensex stocks include Axis Bank, Cipla, ICICI Bank, Tata Motors, ITC Ltd,
HDFC Bank, Bharti Airtel, L&T, HDFC Ltd and SBI.
Among Sensex components, 19 stocks gained, while 11 led by Dr. Reddys, Infosys, M&M, Coal India and HUL declined.
Buying activity gathered further momentum as funds and investors were seen creating positions on hopes of pick up
in foreign investments in India after the ECB launched a landmark bond-buying stimulus programme to revive euro
zone economy.
A mixed trend in global markets amid optimism that the actions of Greeces new government would not force the
nation to leave the euro currency bloc, also influenced sentiment.
Sectoriwse, the BSE Banking index gained the most by surging 2.30 per cent, followed by Capital Goods index 1.84
per cent, Auto index 1.24 per cent, FMCG index 1.14 per cent, Realty index 1.03 per cent and Power index 0.88 per
cent.
In line with overall trend, Smallcap index rose 0.51 per cent and Mid-cap index was up 0.79 per cent.
Keywords: Sensex, Nifty, BSE, closing trade, Sensex stocks
Printable version | Jan 27, 2015 9:06:24 PM | http://www.thehindu.com/business/markets/sensex-nifty-hit-newpeaks/article6826290.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-nifty-hit-new-peaks/article6826290.ece?homepage=true&css=print

2/2

1/29/2015

Wall Street Ends Choppy Session with Gains | Fox Business

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1/29/2015

Wall Street Ends Choppy Session with Gains | Fox Business

"There's a lot technical trading going on," he said. "When the


fundamentals are confusing and the macro is confusing, you have to
lean on the technicals."
Harman International <HAR.N> shares rose 23.8 percent, making it
the biggest percentage gainer in the S&P after it beat profit and
revenue expectations.
Coach Inc <COH.N> shares rose 6.8 percent after the handbag
maker posted a better-than-expected quarterly profit. Dow component
McDonald's <MCD.N> added 5 percent after announcing its CEO will
retire.
Shares in Chinese internet giant Alibaba Group <BABA.N> fell 8.8
percent after revenue missed expectations and raised questions
about China's economy. Qualcomm <QCOM.O> fell 10.3 percent
after trimming its 2015 outlook.
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percent, to 17,416.85, the S&P 500 <.SPX> gained 19.09 points, or
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Apple Inc <AAPL.O> closed up 3.1 percent and Boeing Co <BA.N>
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Supporting stocks, data showed weekly applications for
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to bullish signals on the labor market.
Investors also continued to digest Wednesday's Federal Reserve
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begin going up.
The energy sector <.SPNY> finished up 0.17 percent with U.S. crude
oil turning around to settle up 8 cents at $44.53.
About 7.7 billion shares changed hands on U.S. exchanges, above
the 7 billion average for the last five sessions, according to BATS
Global Markets.
NYSE advancing issues outnumbered decliners 2,074 to 1,000, for a
2.07-to-1 ratio; on the Nasdaq, 1,823 issues rose and 893 fell for a
2.04-to-1 ratio favoring advancers.
The S&P 500 posted 16 new 52-week highs and 26 lows; the Nasdaq
Composite recorded 37 new highs and 101 lows.
(By Sinead Carew; Additional reporting by Rodrigo Campos; Editing
by Nick Zieminski)
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1/29/2015

Wall Street Ends Choppy Session with Gains | Fox Business

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2/1/2015

Oil Prices Skyrocket on Friday -- Is This The End of Cheap Oil?

Oil Prices Skyrocket on Friday -- Is


This The End of Cheap Oil?
By Travis Hoium | M ore Articles
January 31, 2015 | Comments (11)

Oil drilling operations like this one are going dark at a rapid rate in the U.S. Image source: LINN Energy.

A year from now, we may look back on January 30, 2015 as the day oil prices began to
rise again. At about 1:30 p.m. EST on Friday, the price of oil began to pop and near the
end of the day West Texas Intermediate oil -- the U.S. benchmark -- was up $3 per
barrel to $47.43.
The move was swift and traders were looking at rapidly falling drilling budgets and a
surprise drop in drilling activity as a sign the market's oversupply could be coming to
an end. Here's what you need to know about the most recent big move in oil prices.
OPEC is winning the war
When OPEC decided this fall to maintain
its production quota of around 30 million
barrels per day it sent oil prices lower as a
result. With this move the cartel was trying
to squeeze out U.S. shale oil producers and
other marginal producers that posed a threat
to its market share. The outstanding
question in the last few months for the oil
industry is who would blink first? OPEC or
U.S. oil producers? This week, Big Oil
answered that question.
Offshore drilling has slowed rapidly in the Gulf of

ConocoPhillips (NYSE: COP ) reported a


M exico as a result of low oil prices. Image source:
net loss of $39 million on Thursday and
Seadrill.
said it would slash its capital spending
budget from $13.5 billion to $11.5 billion,
over 30% less than what it spent in 2014. The company blamed falling oil prices,
which has been a common thread in other companies cutting capital expenditures.
http://www.fool.com/investing/general/2015/01/31/oil-prices-skyrocket-on-friday-is-this-the-end-of.aspx

1/4

2/1/2015

Oil Prices Skyrocket on Friday -- Is This The End of Cheap Oil?

Meanwhile, Chevr on (NYSE: CVX ) reported a 30% drop in fourth-quarter profit and
said it was cutting 2015 capital expenditures 13% from a year ago to $35 billion.
This follows a 53% cut in capital spending from smaller independent oil
producers LINN Ener gy (NASDAQ: LINE ) and Continental Resour ces (NYSE:
CLR ) backtracking from a $5.2 billion capital budget all the way down to $2.7 billion.
Big Oil, Little Oil, and everyone in between is cutting back on oil exploration and
long-term that will reduce the supply of oil in the market. OPEC is getting just what it
wants by forcing U.S. producers to slow down their own production and that's a big
reason prices jumped.
Wor se than 1987
The other major data point that came out of the industry on Friday was from Baker
Hughes' (NYSE: BHI ) weekly rig count, which measures the number of rigs in
operation in North America. In the U.S., the number of rigs drilling for oil dropped a
whopping 7.1% in just one week to 1,223 units and is down 22% in just the last two
months. We haven't seen a drop like that since 1987.

US Rotary Rigs data by YCharts.p

The slow trickle of announcements about layoffs and lower capital expenditures has
been a sign that the global oversupply of oil is easing. Moreover, this
week's announcements from two big oil companies and the rapid drop in drilling rigs
showed that producers are serious about cutting back immediately.
Cutting back on drilling may be bad for production growth, but if it means higher
prices it could actually be good for most producers that already have wells in
production. It may seem counterintuitive, but less investment in the future could
actually be good for future profits, provided prices continue to rise.
But shrinking capital spending is bad news for companies supplying the oil industry,
like rig and technology suppliers Baker Hughes and Hallibur ton. As always, there are
winners and losers when oil price move dramatically, it just depends on where you sit
in the industry.
Mor e of the same, or a new beginning?
One day's movement doesn't make a trend, and this may not mean the end of cheap
oil, but announcements in the last few months coming from the oil industry indicate
that it's ready to cut supply to bring prices higher. That could ease pressure on many oil
producing companies and bring some stability to the freefall in oil prices.
I wouldn't expect oil to be near $100 per barrel anytime soon, but we could see a slow
march higher if oversupply indeed eases in the global market. Only that can push prices
higher and improve the fortune of oil producers' stocks in 2015. Friday was a welcome
ray of hope in an otherwise dark time for oil producers.
http://www.fool.com/investing/general/2015/01/31/oil-prices-skyrocket-on-friday-is-this-the-end-of.aspx

2/4

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

OPEC Sees Oil Prices Exploding to


$200 a Barrel
By M att DiLallo | M ore Articles
January 31, 2015 | Comments (75)

Right now the oil market is totally focused on finding a bottom for oil prices.
However, according to OPEC's Secretary-General Abdulla al-Badri we've already hit
bottom. Not only that, but he sees a real possibility that oil prices could explode
higher to upwards of $200 per barrel in the future. He's far from the only one that sees
a return of triple-digit oil prices.

Source: Flicker User Spino73.

Finding a bottom
According to the Secretary-General, the oil market doesn't need to look for oil prices
to bottom as the market has already bottomed. Instead, he offered quite bullish
comments by saying, "Now the prices are around $45-$55, and I think maybe they
[have] reached the bottom and we [will] see some rebound very soon." Now, normally
that type of remark would be just another layer of noise, but this is coming from
OPEC's Secretary-General so it comes with a lot of weight behind it.
That said, he's not saying that OPEC will come in and rescue the oil market by
reversing its previous decision to hold steady on production. Instead, he sees the signs
that the oil market is self-correcting as oil companies have made deep cuts to
spending, which will eventually lead to lower production growth. Further, the rig count
in the U.S. is plunging, which is usually a key to a bottom in oil prices. However, in the
midst of cutting back as the industry works through the current oversupply the
Secretary-General is now warning that the industry is putting future oil supplies at risk
by under investing today.
Under investment leads to a shor tage
The Secretary-General said that, "if you don't invest in oil and gas, you will see more
than $200" when it comes to future oil prices. While he didn't give a timeframe, he did
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

1/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

note the correlation between investment and future production. This is because oil
production naturally declines and oil companies need to invest in new production to
not only replace this decline in production from legacy oil fields but to add new
production to meet growing demand. However, oil companies are reluctant to invest in
new production as their cash flows decline.
Over time this could become a problem as oil fields around the world naturally decline
by an average of about 5% per year. As we see in this chart from a Chevr on
Cor por ation (NYSE: CVX ) investor presentation, in order to overcome this decline
oil companies need to develop about 200 billion barrels of oil supplies over the next
decade and a half just to meet demand.

Source: Chevron Corporation Investor Presentation.

These supplies will require the industry to invest $7-$10 trillion. However, with the
big capital budget reductions oil companies have announced this year it could make it
harder for the industry to meet future supply needs. In fact, the industry might defer up
to $150 billion oil projects this year due to the collapse in crude prices. Many of these
investments, however, wouldn't have yielded actual production for a couple of years
due to the long lead time of major projects.
As an example, Chevron delivered first oil on two of its Gulf of Mexico projects late
last year after beginning construction on the fields in 2011. Meanwhile, another $6
billion project it just sanctioned at the end of last year won't produce any oil until
2018. It's these long lead time projects that are being delayed, which is setting the
world up for higher oil prices in the future as an under investment today has the
potential to lead to a constriction in future supplies.
Investor takeaway
OPEC's Secretary-General is calling the bottom in oil prices. While he's not the first
to call a bottom, he does lead the organization that currently controls the oil market so
his comments do have a lot of weight. Further, he's also suggesting that the cuts that oil
companies are making could have a dramatic impact on future oil prices as the under
investment has the potential to cause oil prices to rocket higher if demand grows faster
than future supplies. That, however, would all be part of OPEC's plan as it purposely
pushed for lower oil prices now so it could control market share once oil prices
surged in the future. It's willing to endure short-term pain for the potential of a big
long-term gain.
Matt DiLallo has no position in any stocks mentioned, though he is bullish on oil
prices in the future. The Motley Fool recommends Chevron. Try any of our Foolish
newsletter services free for 30 days. We Fools may not all hold the same opinions,
but we all believe that considering a diverse range of insights makes us better
investors. The Motley Fool has a disclosure policy.
Comments from our Foolish Readers
On January 31, 2015, at 3:14 PM, r eadfeder allis t w rote:

http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

2/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

just more chin music, trying to prop up the market.


On January 31, 2015, at 3:19 PM, johnm r 12 w rote:

A $200 barrel of oil translates to about $8 for a gallon of gas. With world economies floundering and
demand so low, there won't be enough people who can afford $8 for a gallon of gas.
On January 31, 2015, at 3:19 PM, Jer r yjj w rote:

Oil speculators love to hear that


On January 31, 2015, at 3:24 PM, k davis 860 w rote:

I guess it depends on whether Obama manages to block domestic oil production. I can't understand why,
when the economy under Obama has benefitted so much from fracting, that he would keep trying to bite
the hand that feeds him.
On January 31, 2015, at 3:25 PM, 2s m ar tfor libs w rote:

Looks like FRACKING and Keystone to the rescue again


On January 31, 2015, at 3:28 PM, k ollk idk evin w rote:

If anyone follows oil prices. NOW...is the time to invest or double your options. You will not only be set
for life, but your grandkids will be also. Take off on that ride and enjoy the profits !
On January 31, 2015, at 3:31 PM, s k ipgainer 61 w rote:

If oil prices even get`s close to 100 dollars a barrel the American people should rise up and physically
remove all of our lying politicians. For these kind of prices are just stealing from the people it it has to
stop.
On January 31, 2015, at 3:37 PM, r oot66 w rote:

Gas is not going to stay at these prices forever at some point it will rise before we know it i must say like
everyone else gas at these prices are great to see and not as bad on the wallet
On January 31, 2015, at 3:46 PM, Kar la53 w rote:

Why don't we help Canada or invest in North America old fields and shut OPEC or even South American
oil
On January 31, 2015, at 3:48 PM, m lb21 w rote:

I swear I will walk if these pigs take advantage of us again by increasing gas prices to 5 and 6 or higher per
gallon....I am tire of the tyranny and manipulation .
On January 31, 2015, at 3:55 PM, dn32844 w rote:

That would be the day that I buy a horse.


On January 31, 2015, at 4:05 PM, m w b321 w rote:

Hasn't that been the plan all along. OPEC aren't giving oil away for nothing. Fracking is expensive and
OPEC is proving it and Pickens is correct in 90 buck oil by the end of this year. Time to start investing in
some if those beaten to the ground oil plays.
On January 31, 2015, at 4:09 PM, hum blefis h w rote:

The tyranny of employment?


You think that this ridiculous drop in prices ISN'T manipulation?
A glut of supply should have little to no meaning when you're talking about a non-renewable resource, but
apparently 'market analysts' have the same grasp of time as toddlers.
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

3/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

Low prices doesn't help anyone except the guy that bought a truck he can't afford. The lower prices are the
less investment we are going to see in alternative energy sources, the less support were going to have for
meaningful environmental controls.
But, sure, if gas prices rise you should definitely scream at an uncaring sky and demand that hundreds of
thousands of jobs be destroyed so that you can commute for $5 less a day.
On January 31, 2015, at 4:09 PM, coates 35 w rote:

Gas prices are more in america than anywhere,gas is like .88 a gallon in canada. govt. making big money.
On January 31, 2015, at 4:14 PM, m ar k 636 w rote:

I don't think India and China have decided to reverse their modernization into the world
On January 31, 2015, at 4:16 PM, Fr ack inBlogger w rote:

I drove through a massive oil field today. What struck me was that all of the pumper jacks were idle.
Wild price fluctuations are good for nobody.
We will be back to $90 oil by June.
On January 31, 2015, at 4:18 PM, s outhm an w rote:

Lets go Electric and make oil mute that is what we should do not squabble about what and how. Stability by
going alternative will make stocks fly.
On January 31, 2015, at 4:20 PM, Rober tLB1 w rote:

I hope oil does return to $200 a barrel because I am seeking funding to build a new still that will process
Ethanol ten times faster than current distillation methods. To complement my new distillation equipment, I
will build a new turbine electric engine that will fit into any new or used vehicle. If gas is selling for $6 a
gal and my ethanol is selling for around $1, who wouldn't switch their vehicle over to my new engine to
pay $1 rather than $6?
On January 31, 2015, at 4:22 PM, s outhm an w rote:

P.S. Elon Musk is the man that we should be working with he is the visionary and leader to our future.
On January 31, 2015, at 4:26 PM, colofun2003 w rote:

Prices will go up that is a given... but $200, not unless there is a major catastrophe. There's no merit to the
article beyond the reporter continuously telling us there's weight behind OPEC's Secretary General.
Wonder who is trying to convince, himself so he feels good about writing the article because he knows it's
wasted words or OPEC's Secretary General so he tries to build a name for himself.
Really a lousy story written to sensationalize the writers name... Who is he again, oh yeah everyone will
forget in a day...
On January 31, 2015, at 4:27 PM, Hadenoughuc w rote:

just messing with our lives .how can it be this way one min then 200 a barrel the next.
On January 31, 2015, at 4:29 PM, thebigee w rote:

That's a bunch of BS. Not long ago, they were saying we'd never see $100 oil again, ... now all of a sudden
they see it going to $200?!?, ... give me a break.
And besides, if it did start to inch up again towards the $100 range, do they really think that those that have
cut production because of lower oil prices will just sit on their butts and not change their production based
on the higher prices?!? They need to "get a life".
On January 31, 2015, at 4:33 PM, m dz8 w rote:

http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

4/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

http://www.mytravelcost.com/petrol-prices/
America most expensive gas prices in world?
Coates35 do research before you spout nonsense...
American gas prices right now are even cheaper than UK heck even Chinese prices..... -FAVEPALM- for
ignorance
On January 31, 2015, at 4:34 PM, paul4538 w rote:

Response to coates35,
.88 for .26 gallons, all prices there are per liter.
On January 31, 2015, at 4:34 PM, toptem p w rote:

Better batteries, and ng will keep things competitive. Eat your sand, OPEC.
On January 31, 2015, at 4:45 PM, k id2119 w rote:

Y'all know, right? Roads have to be paved and maintained. The better mileage cars get, the less money the
oil companies get. And electric cars don't pay ANYTHING to ride on roads. So, what's the next logical
step? Increase in electricity, as WELL as gas. Be ready.
On January 31, 2015, at 4:45 PM, Ram ixox w rote:

Where did you get this info. Pure B.S.


On January 31, 2015, at 4:46 PM, Johnper eyo w rote:

Another bunch of scare tactics. That amazing misrepresentation of future oil prices is just more greed
spawned rhetoric. Oil is now in danger of being replaced by other energy. It will happen! The greed of the
oil 'barons' (intentional lower case) has now caused the demise of Oil as the main energy provider.. It will
take time but it will be gone.
On January 31, 2015, at 4:52 PM, w fo75080 w rote:

Capping a well is nothing, so to go back and start pumping it when prices go back up would take less than a
week. (land). Oil has made so many overnight millionaires, that if oil goes back up, so will drilling.
On January 31, 2015, at 4:56 PM, tr ygs w rote:

More Motley Fool foolish articles


The Secretary-General said that, "if you don't invest in oil and gas, you will see more than $200" when it
comes to future oil prices.
Well no kidding!!
"While he didn't give a timeframe, he did note the correlation between investment and future production."
Again a no brainer
Not to mention that ALL costs of energy are and have been going up since we started using energy of any
type
On January 31, 2015, at 5:07 PM, Fr eddyfr eebe1 w rote:

It they stop talking up oil , there would not be much news or so many bad investment in oil. This 200 bucks
a barrel is a wet dream to attract the greedy and stupid.
On January 31, 2015, at 5:07 PM, s unnam p w rote:

More schilling by OPEC. Remember the rig count may be dropping but domestic oil production as of last
week is at a all time high of 9.21 mpd. So the wells that are still in production are picking up the slack of
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

5/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

the closed wells. WHAT DOES THAT TELL YOU! If the price of oil does go up it's not for the reasons
that brought it down and that would be a over supplied market. More OPEC BS.
On January 31, 2015, at 5:30 PM, TonyC920 w rote:

First, the person commenting that gas is 88 cents in Canada. Do your research, Canadian gas is priced by
the liter, not US gallons. At $2.00 a gallon, which is an average US price, that relates to 54 cents per liter
in Canada.
Second, $200 a bbl for crude is pure rubbish ! There's so much crude available and the fact that many
countries depend on it's revenue to operate it's government, they will compete for business. No more price
fixing if crude extraction conditions remain relatively similar to current. Even if inventories drop, it
doesn't mean gas usage goes up. It's down because of new auto technology - better fuel mileage.
Don't listen to these DONKEYS ! Sure , maybe crude will go up in the next few months but it will not go to
$100. I'll estimate it stays below $60 this year and levels out around $75 for the next few years and maybe
past that.
On January 31, 2015, at 5:51 PM, cym an w rote:

To kdavis860 comment. Why would Obama block oil production? He's not in the Bush family.
On January 31, 2015, at 5:56 PM, DigitalSm ok es w rote:

The lowest prices in Canada are $0.88/ per Liter, there are 3.78541 Liters per gallon, so the lowest prices
in Canada are around $3 / gallon right now, or almost double the lowest prices currently in the US
On January 31, 2015, at 6:06 PM, jhs 39 w rote:

Oil will definitely hit triple digits a barrel again. North American oil from shale and tar sands is expensive
to produce and makes no economic sense when oil prices are as low as they are right now--that means
North American companies keep producing oil at a loss or they cut back significantly which will inevitably
reduce suppl\y and create higher prices. Add to that the fact that every time oil prices are low Americans
get stupid and buy SUV's and other large gas guzzling vehicles and American demand will eventually go up
and the people who bought those vehicles will be crying about how much they have to spend on gas to get
to work. It's all very predictable and inevitable.
On January 31, 2015, at 6:27 PM, PullMyFinger w rote:

If that's the case the middle east will become our 51st state.
On January 31, 2015, at 6:27 PM, TonyC920 w rote:

JHS39,
Shale oil in North Dakota costs roughly $40/bbl to produce. Some say it's less than that.
Saudi crude is less than $10 to produce.
You're making comments that are a farce.
Even the SUV's get 20 mpg now, some better than that. You need to research before commenting.
You're completely off base.
On January 31, 2015, at 6:38 PM, fw e43 w rote:

@kdais860 - you said "I guess it depends on whether Obama manages to block domestic oil production."
Always amazes me how ignorant the anti-obama drones are. Obama just opened up much of our seabeds to
offshore oil exploration. Something Bush talked about but never did.
On January 31, 2015, at 7:02 PM, Leon77 w rote:

This is a hack piece with no factual basis whatsoever. To the contrary, the Saudis have stated that oil prices
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

6/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

will never reach even $ 100 per barrel again.


On January 31, 2015, at 7:59 PM, w entw or th w rote:

The Saudis are squeezing Iran and making Russia burn thru their 450 billion they say they have. As a side
line the majors here ar going to scoop up ann the competition. Pickins knows a bit, not a huge fan but in
this he's right. The strong balance sheet companies are gonna hit a home run on this. Just look at the
insider buys ant the companies with lots of cash and strong sheets.
On January 31, 2015, at 8:12 PM, Mega w rote:

Leon77
Have you ever noticed that different people have different opinions?
Not really surprising that Abdulla al-Badri doesn't have the same views on oil prices as the Saudi royal
family, since he is Libyan.
On January 31, 2015, at 8:27 PM, AlienC w rote:

Until the Saudis come in line with your production "predictions", your theory simply falls apart under the
weight of oversupply and static refining capability. When Fracked Shale oil becomes profitable, we will
turn the flow on again.
On January 31, 2015, at 8:41 PM, phillipzx3 w rote:

@ kid 2119,
"And electric cars don't pay ANYTHING to ride on roads."
Cry me a river. :-) As if there are so many EV's on the road it causes revenue problems.
Easy fix...collect a fee based on annual mileage equal to that of other cars. With a 40 mpg car, that's what,
1.5 cents a mile? Drive 10,000 miles, pay $125 road fee at tag renewal time.
On January 31, 2015, at 8:47 PM, vor tex51x w rote:

Oil will go up again. There isn't a doubt about that. It will though never go above $150 because, as the Saudi
realized, to push oil that high slows down economies and also encourages their worst enemy. Green
technology. The worst thing that could happen to the Oil Industry it the development of cheap sustainable
Green tech. That why, for instance Russia's spies in new your were caught looking for bank sanction as and
how green development tech was going here. The all electric car is the worst thing that can happen and it
already started when gas went up to $5 a gallon. Fuel efficacy has shot up and now other countries rely on
nuclear or sugarcane to power their countries. Pushing oil that high cuts your only throat as most countries
will not like being held hostage for high energy cost. High cost breeds alternatives and that breeds
competition and replacement. I mean why do you think gas is so cheap now anyways? The Saudi realize this
and know what will happen if the US doesn't need their oil. They'll lose not just all their profits but also
their US security blanket. So rather make some money then none at all. Yes invest at $55 dollars a barrel
oil because it will go up to $100 but anything over that your gambling. US fracking is here to stay and
you'll be amazed at how much this geo-thermal planet can produce in energy per day.
On January 31, 2015, at 9:10 PM, 253890 w rote:

Like I believe anything OPEC would put out. Oil is a cyclical stock. Once it bottoms and the glut shrinks it
will go up again. Probably not much in 2015 though. It is not profitable in the US much below $60. There
is a large glut for sure, and OPEC is profitable around $32/bbl. The companies are shutting down drilling
left and right in order to save cash drain. It will take awhile bot it will go up. I DO NOT believe to anywhere
near $200.
On January 31, 2015, at 9:14 PM, volcan357 w rote:

Obviously oil will go up again but not to $200 anytime soon. Maybe $80 to $100. Now we have different
sources of energy which prevent prices from getting too unreasonable. Anyhow now might be a good time
to invest in energy stocks.
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

7/11

2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel


On January 31, 2015, at 9:41 PM, m ar k m 55 w rote:

Actually this makes sense. There was no real reason for the price of oil to plummet in the first place.
Demand hasn't dropped and production hasn't increased greatly. The wells in the US using horizontal
drilling technology are high producers in the beginning and then taper and level off. The absence of these
new wells coming on line will make a big effect starting in about a month. It will make a huge difference
two or three months out considering production is always declining in existing wells. When this first
happened I said the quicker oil drops to 50, the quicker it will reach 150. I still believe that.
On January 31, 2015, at 9:41 PM, m otleyanim al w rote:

Anyone remember the old days when we feared hurricanes in Gulf of Mexico? It's been a long time since
we've seen one.
On January 31, 2015, at 9:43 PM, m ar k m 55 w rote:

$150 oil will still not make "green energy" economical without government subsidies.
On January 31, 2015, at 9:47 PM, m ik eflor es 2000 w rote:

Santa Clara, CA saw Valero premium near $6 in 2013. Today Loves in Ripon, CA is at $2.07 for reg.
End of the world without an energy plan:
https://www.youtube.com/watch?v=ZyUe7w1gDZo
German Army Peak Oil Study - within 10 years oil shortages may collapse global economy
On January 31, 2015, at 9:52 PM, r eedlee83 w rote:

Economic resurgence of Putin's Russia. Time to invest in its "junks".


On January 31, 2015, at 9:53 PM, exlonghaul w rote:

MOTLEY YOU GUYS ARE THE FOOLS ...


gas prices wont do that ,,,,
the saudi's will keep it at 40.00 - 60.00 $ a barrel for the next 1.5 to 3 yrs ....they have said this ...there
attempting to screw the sands / shale markets ...and american oil tycoons ...and have the profits & reserves
to do this ..
you guys apparently don't do any research on your articles before you write them ...
On January 31, 2015, at 10:01 PM, m ik eflor es 2000 w rote:

What is Peak Oil ?


https://www.youtube.com/watch?v=roMxfQ-cdKE&list=PLFD6B2...
On January 31, 2015, at 10:04 PM, s m ack m outh w rote:

this guys smoking wacky tobaccy


On February 01, 2015, at 12:12 AM, VicVi w rote:

Base on old historical book oil prices will never again go up to $200 or more. So, everybody relax, hi oil
price party is forever over.
Book of Daniel: https://www.youtube.com/watch?v=_ujUkzoMe9E&list=PLAwqLZ...
Book of Daniel consist of past, current and future events.
"Daniel 11:20 Then shall stand up in his estate a raiser of taxes in the glory of the kingdom: but within few
days he shall be destroyed, neither in anger, nor in battle."
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

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OPEC Sees Oil Prices Exploding to $200 a Barrel

So, understand this verse and it will be clear about what is happening in regards of oil prices.
I suggest you lesten to hole book of Daniel but if you'll fast-forward Daniel chapter 11, Bible study to
"16min-30sec", you'll learn about this fact.
Study Link: https://www.youtube.com/watch?v=MKJl4McaPEE
On February 01, 2015, at 12:15 AM, Br adA w rote:

There are so many things wrong with the arguments presented that the disconnect with reality is amusing.
"he does lead the organization that currently controls the oil market " Huh? OPEC stopped being able to
control the oil market when technology allowed for the development of oil shale, etc making the US the
world's largest oil producer. OPEC will never be in the driver seat again. None of their members, save the
Saudis, can afford to cut production because the revenue runs their countries. And all those projects being
delayed because of falling prices can be turned right back on again if and when prices rise. $200/Bbl? In
their dreams.
On February 01, 2015, at 12:22 AM, r andy452 w rote:

it says if you dont invest in oil you will see 200 dollar oil. My problem is that most wells that have shut
down will only need workers to start up again the investment is a done deal no new investment needed just
start production again.
On February 01, 2015, at 12:40 AM, Jim h77 w rote:

The world needs to get away from fossil fuels as much as we can. There is a way to go, my company has
made electric marine propulsion since 1893 and still making it today. More and more electric cars every
day. We need alternative energy for making electricity from non fossil fuels to get away from LP, LNG,
coal, fuel oil and nuclear as more nuke plants are decommissioned due to their age and maintenance
issues. We need to invest in Wave tech, solar, wind and geo-thermal all together.
On February 01, 2015, at 1:24 AM, s por tts ter w rote:

If oil goes anywhere near that number, people will stop driving and demand will totally disappear AND that
will be the end of oil as everyone will be changing their cars over to accept NG. That would be the nail in
the coffin for oil, I absolutely guarantee it. People will not tolerate oil/gas that expensive.
On February 01, 2015, at 1:53 AM, s tock ings hor ts w rote:

I think Mr. Abdulla al-Badri was just having a "wet dream" of sorts.....
On February 01, 2015, at 2:45 AM, locs pher e w rote:

Doesn't matter... I have been saving and am using this time and the additional savings on gas to save for a
down payment on an electric vehicle and solar power grid to power it.
On February 01, 2015, at 5:07 AM, docs avage666 w rote:

Just last week I read another article that asked the readers what they thought the oil prices would do. Quite
a few said that they were saving money at the pumps. I left the comment telling them they had best be
putting the money they were saving now aside because the public was being duped. I predicted that oil
would skyrocket in a month and we would be talking about when gas was only $5.00 a gallon like we do
today about the 80s.
On February 01, 2015, at 6:51 AM, Jaxonvi w rote:

$200 oil? Hmmmm, not while the shale and tar sand resources still exist in the ground. OPEC longs for
the good old days when they dictated the price of oil. Those days are gone and maybe OPEC itself soon
enough. OPEC now has MANY, many...many competitors. I'm not saying oil will remain below $50.
However, even $80-$100 is a doubtful stretch absent a significant reduction in supply and a robust
increase in demand. That's a simple equation even an expert can understand.
On February 01, 2015, at 8:26 AM, odonnet2 w rote:

The price of $200 oil price is only jittery influenced and not a result of bottoming out. The jittery increase
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

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2/1/2015

OPEC Sees Oil Prices Exploding to $200 a Barrel

affects the price proportionally. If people's jittery increase, speculators think the time has come to jack up
the price.
On February 01, 2015, at 9:02 AM, am andahan120585 w rote:

If we didnt rely on oil as much, these trillion dollar oil companies would not have so much influence in
Washington. Start limiting your reliance on gas by doing things like I do - living close to work, doing all of
my own repairs / maintenance, using a small fuel efficient car (Honda Civc) for most of my commuting
and making an intelligent choice about what daily driver to purchase, getting cheap insurance ($25/month
at Insurance Panda), taking into account maintenance requirements and repair costs (mostly parts costs,
but my time is a factor so labor is relevant as well), fuel efficiency and purchase price.
A span of eight presidents over 40 years and total inaction on the energy front. 2 billion dollars in
subsidies a year to oil companies, who do the American people think owns Washington?
On February 01, 2015, at 9:11 AM, s agenot1 w rote:

So the Saudi Prince states that we will never see $100/brl again, but this OPEC moron ups the ante to
$200./brl. Well if the dollar loses 1/2 it's value, the $100. becomes $200. but in reality, it's not going to
double anytime soon. Many crude oil countries like Russia, Venezuela, etc. will go BK before there is any
huge price rise, look it up!
On February 01, 2015, at 9:17 AM, as 50704131970 w rote:

This is just wishfull thinking on the part of opec the same words are comming out of Oil speculators like
warren buffett and bankrupt venezulas president Mr. Maduro(Ripe) who are desperate to see oil this
expesive they dont realize the world economy will plunge into a deep depression if this happens then the
200.00 per barrell will disappear and fall to 10.00 and the world economy will still have a hard time. We
need to permanatly invest in Nuclear, wind and solar and convert cars to electric possibly fuel cells to get
away from petroleum all together also absolutly needed to make this happen is defintly no Republican
president and/or senate control and or majorty in house this party will everything possible to keep us in a
oil addiction killing all the initiatives i mentioned above and making us more dependant on oil example
look how fast they started pushing for Keystone xl the minute they won the elections that shows where
there interests ley
On February 01, 2015, at 9:21 AM, Poor Peter 1 w rote:

When one controls the supply, then one can make the demands. OPEC dictates global prices. For now the
prices seem to be cooperating with the American consumer and thus helping the economy. As drillers stop
drilling, rigs get mothballed and rust away in pipe yards, rig-hands move on to other industries, wells get
shut-in and become non-functioning, stripper wells get plugged, states start issuing draconian regulations
for drillers, geologists and petroleum engineers move into the environmental industry, and major oil and
gas companies move their projects and money off-shore, then the fix will be in. OPEC can dictate
whatever price they want or think the average domestic consumer will afford. The automotive industry will
bend to that price and SUV, pickup trucks, and muscle cars will be largely a footnote of trade magazines.
More people will be moving onto government assistance and I will seriously be thinking of opening up a
Vespa shop.
On February 01, 2015, at 9:56 AM, MSim on w rote:

Oil will be $51,287.63 a barrel real soon now. A secret inventor has invented a battery car that can go 200
miles on a single charge while keeping the car warm in a Chicago winter. We will start drilling for
electricity and it will be cheaper than oil. A solar cell that collects dark energy has been invented. Also a
wind mill that can collect subsidies even when the wind isn't blowing. S'truth.
On February 01, 2015, at 9:59 AM, s evenhear t w rote:

Fun to read all these comments, very few containing a sound grasp of the facts. All this is understandable
because the oil industry is far more complex than any 500 word newspaper article can encapsulate. The
shame for Matt is that he is practicing the art of actual journalism rather than agenda propagation to which
most modern media has devolved. Matt reports on statements made without interjecting himself in that
portion of the article, then summarizes the content. Modern intellect then demands that so called
sophisticates attack the messenger.
http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

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OPEC Sees Oil Prices Exploding to $200 a Barrel

I'm certain I am one of the very few commenting here who has any oil/energy industry experience. The oil
industry doesn't turn on a dime, increased production in the last quarter is the result of work done in many
cases a year ago. A well drilled doesn't automatically start generating revenue, there are pipelines,
production equipment and myriad other tie in's to infrastructure that have to happen. A well is a very
dynamic thing, it's not like a light switch where you just turn on the switch and the room is bright again.
There is a lot involved in shutting in a well and then bringing it back on line.
I could go on for thousands of words here, but most commenters are full of their world view and not truly
seeking the truth. Windmills require complex lubrication (oil), ethanol requires fertilizers and fuel (oil)
solar panels have a 25 year lifespan, then efficiency drops to a point they will become a massive waste
stream. Batteries to store alternative electricity are an environmental nightmare. An electric car will never
be separate from conventional energy, just because it appears to have no emissions or ties to big energy.
An electric car is the most inefficient use of resources for mere transportation. If you put all your eggs in
the "alternative" basket, have the sense to look at the entire package not just the glimmering faux jewels.
On February 01, 2015, at 10:03 AM, s evenhear t w rote:

MSimon,
Love it! You are good!
On February 01, 2015, at 10:32 AM, Jos ephLong65 w rote:

We blew it!!! This was the time for subsidies and supports to keep our home-grown oil flowing. If we let
OPEC to take control again, they will punish us for the profits they lost. $200 a barrel will help them with
that goal.
On February 01, 2015, at 10:46 AM, s uis s ecat w rote:

Many factors that trigger sudden price changes in oil. What happened to oil prices on Friday to cause all
this commotion? http://www.wercng.com/cng-blog/
On February 01, 2015, at 11:22 AM, s evenhear t w rote:

suissecat, while I agree completely with compressed natural gas for transportation as opposed to
inefficiently burning natural gas to generate electricity for a car, I was shocked by some of the wildly
inaccurate statements throughout this blog. As in all things these days, every source of information should
be considered suspect until the truth is confirmed, something most people don't have time for, after all
there is a Superbowl today.

http://www.fool.com/investing/general/2015/01/31/opec-sees-oil-prices-exploding-to-200-a-barrel.aspx

11/11

2/1/2015

Here today, up tomorrow: Why gas prices may be on the rise

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Enjoying those prices at the pump? You might not want to get used to
them. A former top oil executive says the price of gas at the pump
could double by the end of the year.
In an interview with CNBC, former Shell Oil President John Hofmeister
predicts that U.S. oil could skyrocket from the current levels under $48
a barrel to $80 by this fall, just as consumers are getting used to the
windfall from lower gas prices. That would force gas prices to double,
from the current $2 to a whopping $4 by next winter.
The reason, he says, is the oil companies are masters of the simple
economics of supply and demand.
"The industry is the best in the world at cutting costs when they have to
reduce spending. What's happening is we're shutting down drilling
rigs," Hofmeister said. "Not completing the wells that have just been
drilled. And we're going to eat off the surplus oil out there probably by
mid-year."
Read More Fuel is cheaper, so let's hike gas tax: Former governor
Hofmeister, who ran Shell Oil USA from 2005-08, retired and founded
Citizens for Affordable Energy. The non-profit organization seeks the
growth of natural gas as a transportation fuel alternative to oil.

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Here today, up tomorrow: Why gas prices may be on the rise

He says U.S. producers have idled 500 rigs over the past four months as
oil prices plunged. He says the result of that production slowdown
eventually will be felt at the pump. This month, Baker Hughes reported
that U.S. drillers had taken a record number of oil rigs out of service

Cramer: Google's not done rallying yet

amid the price slump. Last week alone, oil rig counts tumbled by 55 to
1,366.

Five dollar a gallon gas?

Getty Images

A gas station advertises gasoline for $1.68 a gallon in Dellwood, Mo., Jan. 20, 2015.

Hofmeister predicts gas prices could pass the $3-a-gallon range in


September and October. By December and next January, he says, gas
prices will be nearing $4 a gallon.
Looking further into the future, the former oil exec sees prices rising to
"$5 gasoline in the U.S. as we approach the end of the decade."
Although the Republican-controlled Senate passed the Keystone XL
pipeline this week, Washington observers say President Barack Obama
is certain to veto it.
Read More Senate passes final Keystone bill: measure faces Obama
veto
Hofmeister says the Keystone XL pipeline will have no impact on fuel
prices in the near term. And he tells CNBC he doesn't expect it to pass
during Obama's tenure.
"Whoever is the next president, Democratic or Republican, must look at
the needs of the nation 20 to 30 years down the road," he added.
While still a fossil fuel, natural gas has half of the carbon in the molecule
that an oil molecule has, Hofmeister explained. "It's a reduction in fossil
fuel emissions, or carbon emissions, by switching to natural gas."
Hofmeister sees natural gas being turned into four types of alternative
fuels. "You can have ethanol and methanol for passenger cars," he said.
"CNG (compressed natural gas) and LNG (liquefied natural gas) for
trucks and trains. Natgas "takes the pressure off oil. And it also ends the
need for the U.S. to import oil."
http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

2/10

2/1/2015

Here today, up tomorrow: Why gas prices may be on the rise

Hofmeister says that unless the U.S. reduces oil consumption, "we will
face inevitable and perpetual volatility in oil, especially as we approach
the end of the decade."

On the Money airs on CNBC Sundays at 7:30 pm, or check listings for air
times in local markets.
Trent Gillies
CNBC Producer, "On the Money"

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Dominic Grelli

17 minutes ago

Just enjoy the lower prices while they last. We all know that prices will
rise once again. History does repeat itself. Period.11111
2
TMA-1

Reply Share

17 minutes ago

How many analysts or insiders predicted the fall in oil and gas prices 9
months before they started to fall? All the BBs were bullish on oil, it
http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

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Here today, up tomorrow: Why gas prices may be on the rise

months before they started to fall? All the BBs were bullish on oil, it
wasn't until MS bet on a price drop in late August did any major player
position themselves to take advantage of the price drop.

Black Swan explainations are the only things analysts have a chance of
getting right, and even in those the root causes are often overlooked in
an attempt to save face and justify their previous errors in forecasting.

Reply Share

bc > TMA-1

11 minutes ago

Well my friend, I'm not an analyst, but I nailed the drop when I
sold out of my positions in June or Julyish. I also manage my
mothers account and had her lock in her gains. Yes, I'm patting
myself on the back now. Next up, I'm already loading up on oil
companies here, so now I'm bullish. The sky is the limit my
friend. Patience is a virtue.
Reply Share

zzpat > TMA-1

13 minutes ago

Oil stocks (most anyway) peaked in July of 2014. For the experts
to have gotten it right they needed to be right before that date. I
don't know of any who saw it coming but maybe someone has
info on it.
Reply Share


GenerationX64

20 minutes ago

Why is it that only since W was President that gas prices have
skyrocketed past $1.53/gallon to nearly $5/gallon? Supply & demand
have always been there. From the 1940's until W became President we
had affordable gas prices. Something happened during his presidency to
change all this. But what?

Reply Share

zzpat > GenerationX64

4 minutes ago

They called it a war premium. Why do you think we went to war


in Iraq? WMDs? Because he gassed his own people decades
ago? or because we had an oil man in the White House? If you
guessed the last one you get a cookie.

Reply Share

Disqus11111 > GenerationX64

15 minutes ago

Yeah, sure, another conspiracy of the right. Grow up.

Reply Share

TURKRANE12 > GenerationX64

16 minutes ago

In 1973, due to the Arab Israeli war gas went from 31 cents to a
dollar per gallon. There were lines at the pump.
Another scam to raise prices.
2

Reply Share

Disqus11111 > TURKRANE12

13 minutes ago

Do you know anything about production levels and who


controlled them or who the major producers were back
then? Have you heard of OPEC and how much market
control they had then? Explain why it was a scam? It was
an exercise of market power by producers.

Reply Share

TURKRANE12 > Disqus11111

8 minutes ago

If you believe in the market when it comes to gas


prices, I have a bridge to sell you. You must be a
shill for the oil companies
http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

4/10

2/1/2015

Here today, up tomorrow: Why gas prices may be on the rise

The Saudi's have pushed the pries down now, to


knock out competition, and maybe help the world
markets before we plunge further into depression.

Reply Share

Disqus11111 > TURKRANE12

Show 1 new reply

4 minutes ago

I called you on saying it's a scam. It's no scam. It's


the exercise of market power by a major producer.
Scam is a direct inference of criminal; fraud. You
may not like what they did and how it may affect
the near term future, but how is it criminal fraud. I
don't know where you live, but the USA is
humming along economically and anyone who is
spending money like the drop in oil prices is any
more than a temporary blip deserves what they
get.


Griff63

Reply Share

One other person is typing

24 minutes ago

Same rigs that are offline can be brought back, when the price of oil
reaches $80, what may happen they will regulate the supply and price in
such a way the wild caters , or small drillers can't afford to drill

Reply Share

zzpat > Griff63

14 minutes ago

Yes they can (in most cases) but why should they? If anything
they've learned from their mistakes. Higher prices leads to
competition and competition drives prices down. Get rid of the
competition and prices go back up;

Reply Share

bc > Griff63

20 minutes ago

Can the scrapped rigs be brought back online too?

Reply Share

Griff63 > bc

4 minutes ago

Most rigs are the newer rigs and doubt they would be
scrapped, and those could very well be sold to other
country's

Reply Share

Disqus11111 > bc

Show 1 new reply

17 minutes ago

Do you understand the difference between scrapping


something and mothballing it? The only rigs being
scrapped are those technologically outdated that result in
higher extraction costs. T/he rest are mothballed until
prices rise enough to make extraction profitable.

Reply Share

bc > Disqus11111

14 minutes ago

Do you understand the difference between a


scrapped rig and a offline rig? Let's get real 2nd
grade for you to understand. A scrapped rig
means it's gone into the trash and will never work
again. This translates into the less number of rigs
online. So, going back to the ORIGINAL POINT of
Griff, "Same rigs that are offlien can be brought
back", YOU CAN"T BRING A SCRAPPED RIG
BACK ONLINE. Do you understand now, idiot.

Reply Share

http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

5/10

2/1/2015

Here today, up tomorrow: Why gas prices may be on the rise


Disqus11111 > bc

8 minutes ago

Since you are so big on name calling I'll use one


you might understand. Listen to me MORON,
where does this article say anything about
scrapped rigs or any role they have in expected
price movements? You also need some reading
comprehension lessons since you can't seem to
understand where I clearly made a distinction
between scrapping and mothballing. I will make a
correction regarding what I called you - You aren't
just a moron. You're a professional moron. No
amateur could be such a huge one. Now put your
big girl panties on, change your tampon, take
another motrin and go back to watching Oprah.
1

Reply Share

bc > Disqus11111

3 minutes ago

Reading comprehension would help you greatly


shtbag. You like that one? I was responding to
Griff fool, not the article. Maybe you should shut it,
mind your bizness, and insert the bbc back in your
mouth and go back to fluffing.


zzpat > Griff63

Reply Share

21 minutes ago

Big oil has to keep prices low long enough to drive out the small
guys. They can't compete with the mom and pops so they drive
them out of business.

Reply Share

Disqus11111 > zzpat

20 minutes ago

You obviously have zero smarts about what drove prices


down. Your comment is incredibly lacking in any factual
basis. In fact, it is about the most stupid comment in this
thread and that is no easy accomplishment.
Reply Share

zzpat > Disqus11111

16 minutes ago

"US oil well shut-ins start as crude rout batters


small producers"
http://www.thedickinsonpress.c...


passion

Reply Share

25 minutes ago

We have to be thankful for low gas prices at the pump. The oil market
need that correction long time ago. Thanks to all the traders out there for
helping to pull down oil prices and at the same time made tons of money
shorting oil. Good job.


Goose

Reply Share

26 minutes ago

$4 gal doesn't bother me a bit, I changed to 40-50mpg cars last spike.


1

Reply Share

Oregonorbust > Goose

23 minutes ago

Amen, $5 gas isn't a big deal when you can get 50mpg. Imagine
all the suckers that just bought f150s only to have gas shoot back
up before they even pay them off.

Reply Share

http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

6/10

2/1/2015

Here today, up tomorrow: Why gas prices may be on the rise


Guest

28 minutes ago

Doubling my holding in VDE at the open tomorrow because I believe


every word this lying s O s says. Not really, I am doubling because I think
the bottom is in.

Reply Share

zzpat > Guest

19 minutes ago

Translation: you believe every word this liar (expert) says.

Reply Share

zzpat > Guest

20 minutes ago

That ETF is down 22% in the past six months.

Reply Share

Oregonorbust > Guest

25 minutes ago

I think we are just about to break into the $30s. The global
problems have just started. Only a war charges the direction of
oil in the short and medium term.

Reply Share

bc > Oregonorbust

18 minutes ago

I also think this is wrong. But I'll play along. So current


price is $48. You believe $30's. Let's say $30 for sake of
argument. Upside longterm, maybe we can agree on
$80? So, from the current price the downside would be
$18, and the upside would be $32. Seems like a no
brainer to me, too much upside to ignore. As a long term
investment, not a trade.

Reply Share

Oregonorbust > bc

12 minutes ago

Long term oil is headed much much higher,


maybe even unthinkably high($10 gal) compared
to today's prices. The short and medium term Imo
heads lower into the 30s unless we have a major
war break out. The collapes of the global economy
is going to drag the U.S. with it and will reduce
demand even further. I think five years from now
this will all seem like a dream when gas is $5+.

Reply Share

bc > Oregonorbust

7 minutes ago

I'm okay with that. only investing for about 8 years I


learned during the great recession that
opportunities like this only come along once in a
lifetime. One can take advantage of it, or regret not
taking advantage of it.

Reply Share

Disqus11111 > Oregonorbust

21 minutes ago

Wrong

Reply Share

Oregonorbust > Disqus11111

21 minutes ago

We will see...


bc > Guest

Reply Share

27 minutes ago

Close enough

Reply Share

http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

7/10

2/1/2015

Reply Share


Guest

Here today, up tomorrow: Why gas prices may be on the rise

31 minutes ago

Beware: The guy is pumping and dumping energy stocks.


Reply Share


TGIHF

31 minutes ago

Look at who this guy represents - Natural gas interests. Of course he


has no agenda here does he?????
"Hofmeister, who ran Shell Oil USA from 2005-08, retired and
foundedCitizens for Affordable Energy. The non-profit organization seeks
the growth of natural gas as a transportation fuel alternative to oil."
1

Reply Share

zzpat > TGIHF

30 minutes ago

He knows how the industry works and I think he's right. We know
they're shutting down rigs very day. We know they're laying off
people every day. We know this will reduce the "surplus" supply.
We know that once its used up, prices to back up. We know that
after prices go back up, the cycle starts all over again.
1

Reply Share

Guest > zzpat

29 minutes ago

You need to separate the trees from the forest.


Guest > TGIHF

Reply Share

30 minutes ago

If everybody buys natural gas then why would they continue to


buy oil? I'm hoping for $10 a barrel very soon.


Guest

Reply Share

33 minutes ago

The price of Exxon stock is down 15% over the last six months. They
must be bad manipulators of the.simple economics of supply and
demand.

Reply Share

bc > Guest

32 minutes ago

I hope your posts make some kind of sense inside that empty
skull of yours.
1
zzpat

Reply Share

34 minutes ago

Is it really supply and demand?


When the industry perceives a threat to its dominance it can always
increase supply and kill the competition (electric cars) with lower prices.
Where do the alternative energy guys go when the price of gas collapse?
They go bankrupt.

Reply Share

Heresanidea

35 minutes ago

Or they "may not." I didn't read the article. I don't read any story with
"may" in the headline. Replace it with "will" and maybe it's worth a
glance. The word "may" is the engine that drives Internet content.

Reply Share

Quang Pham

37 minutes ago

Please enjoy the low oil price prudently while it lasts. However, please
also stop blaming oil companies for any high oil prices in the future.
American rather depend on cheap oil from ME than expensive oil from

http://www.cnbc.com/id/102381893?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=102381893

8/10

2/1/2015

Here today, up tomorrow: Why gas prices may be on the rise

American rather depend on cheap oil from ME than expensive oil from
USA, it is our culture spend first and worry later.
1

Reply Share

bc > Quang Pham

34 minutes ago


Paul Charles

Reply Share

41 minutes ago

The current worldwide surplus is around 1.7 million BOPD. We currently


consume 82 million BOPD. Companies are laying down rigs and
shutting in production as we speak. It will be months, not years.
2

Reply Share

Guest > Paul Charles

40 minutes ago

You make me laugh.


Kristina

Reply Share

43 minutes ago

I don't think that gas is going to be like $6 in California, because its


already like $4. isn't it? Soo, assuming that it will be around $8. Luckily
not in Texas here I hope.
Reply Share

Guest > Kristina

41 minutes ago

The price of oil is a function of many variables so forget about $8


for the next decade.

Reply Share

Load more comments

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Sensex recovers 130 points ahead of RBI policy - The Hindu

B usine ss M arke ts
Published: February 3, 2015 09:56 IST | Updated: February 3, 2015 09:56 IST

Sen sex reco vers 130 po in ts ah ead o f RBI po licy


IANS

After two sessions of losses, the benchmark BSE Sensex rose over 130 points in early trade on Tuesday on fresh spell of
buying by participants ahead of RBIs monetary policy review.
The 30-share index, which had lost 559.50 points in the previous two sessions, recovered by 130.79 points, or 0.44 per
cent, to 29,253.06, with consumer durables, FMCG, oil & gas, auto and banking sector stocks leading the rise.
On similar lines, the National Stock Exchange index Nifty gained 26.00 points, or 0.30 per cent, to 8,823.40 in early
trade.
Brokers said besides mixed trend at other Asian bourses and overnight gains in the US markets, selective buying by
cautious funds and retail investors ahead of RBIs policy review due later in the day influenced sentiments.
Among other Asian markets, Hong Kong Hang Seng moved up 0.24 per cent, while Japans Nikkei shed 0.27 per cent
in early trade today.
The US Dow Jones Industrial Average ended 1.14 per cent higher in Mondays trade.
Keywords: Sensex, BSE, Nifty, opening trade, RBIs monetary policy review
Printable version | Feb 3, 2015 10:17:36 AM | http://www.thehindu.com/business/markets/sensex-recovers-130points-ahead-of-rbi-policy/article6851778.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-recovers-130-points-ahead-of-rbi-policy/article6851778.ece?homepage=true&css=print

1/1

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Street Surges Into the Close | Fox Business


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Street Surges Into the Close | Fox Business

The Dow Jones industrial average rose 196.09 points, or 1.14

Recommended by

percent, to 17,361.04, the S&P 500 gained 25.86 points, or 1.3

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percent, to 2,020.85 and the Nasdaq Composite added 41.45 points,


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The Nasdaq rose 51.05 points, or 1.1 percent, to 4,727.74.


For the week:
The Dow is up 501.45 points, or 2.9 percent.
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Dow soars over 300 points as oil prices spike - Feb. 3, 2015

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Wall Street's oil nightmare might be over -- at least for now.


Most Americans love cheap energy, but the crash in oil prices spooked investors. Many feared the
meltdown was being caused by sudden economic weakness that other metrics didn't reveal.
Investors also worried about a dramatic decline in profits for the energy industry.
Now that oil is showing signs of stabilizing, Wall Street is cheering. The Dow soared 305 points on
Tuesday as the slide in oil prices appears to have ended, at least for the moment. After a terrible start
to the year, the Dow is now just 2.5% away from all-time intraday highs.

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Since sinking below $44 a barrel last week, oil has ripped 19% higher to settle above $53 on
Tuesday. That's the biggest three-day spike since January 2009 when the Great Recession neared
an end.
"We want the precipitous sell-off to stop. Whether that stops at $35 or $55 is not the issue," said Art
Hogan, chief market strategist at Wunderlich Securities.
He said stabilization in this closely-watched commodity is pivotal for market psychology.

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Dow falls 270 points.


Blame oil (again)

"When you see an asset class in free fall, it's hard to get excited about anything else. You're not
Best day for stocks in
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Dow soars over 300 points as oil prices spike - Feb. 3, 2015

going to buy stocks because you're afraid falling oil is a barometer for global GDP," Hogan said.

2014

Related: Making money as the Fed raises rates won't be easy

Oil boomtown on the


brink?

Rig counts plunge: The oil rebound has been triggered at least in part by signs the energy industry
is racing to fix the supply glut that caused prices to spiral lower. In recent weeks oil producers like BP
(BP) and Chevron (CVX) have announced plans to slash capital spending and shelve certain projects.
Another bullish sign for oil: Companies are scaling back drilling activity. Baker Hughes said U.S. rig
counts tumbled by 7% last week to the lowest level in three years.

Texas tycoon Ross


Perot Jr: Oil prices will
go lower
Financial Times

Crude climbs as oil majors cut


spending - FT.com (Financial Times)
BP chief warns of oil industry slump FT.com (Financial Times)
Peak introvert and Londons silent
pubs - FT.com (Financial Times)
Biomedical pioneer wins top
engineering prize - FT.com (Financial
Times)
GMs China joint venture to build
Indonesia factory - FT.com (Financial
Times)

Oil prices have also been boosted by the first large-scale refinery strike in 35 years and the U.S. dollar,
which fell sharply on Tuesday against the euro. (Oil is priced in dollars so a cheaper greenback cuts
the price for overseas buyers.)
Hogan said it's too early to say whether oil prices have truly bottomed or if this is just a "head fake."
"Energy production isn't like flipping a light switch. Supply response happens in months, not days,"
he said.
Related: Wall Street bets on Staples-Office Depot marriage
Oil, solar stocks pop: Still, the sense of relief over oil has allowed stocks to bounce back from
January, their worst month in exactly a year.
The Dow started February at a six-week low, but now it's up more than 500 points in just two days.
Big winners include energy behemoths ExxonMobil (XOM) and Chevron.
After getting pummeled for months, the energy sector is the clear standout performer this week. It
soared 3% on Tuesday, fueled by big rallies from the likes of Freeport-McMoRan (FCX), Denbury
Resources (DNR) and Transocean (RIG).
Solar stocks are also being swept up by the rebound in oil prices. First Solar (FSLR) is up a whopping
14% in just two days as investors bet higher fossil fuel prices will make renewable energy more
economical.
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Dow soars over 300 points as oil prices spike - Feb. 3, 2015

Turbulence for airlines, Greece: On the other hand, previously high-flying airline stocks have been
grounded by the oil rebound. Delta Air Lines (DAL) and United Continental (UAL) are down more than
2% a piece this week.
Greek stocks are also doing a 180 this week.
The newly-elected government in Athens is toning down its debt demands, raising hopes a
compromise can be reached that will avoid a disastrous Greek exit from the eurozone. The stock
market in Athens spiked more than 12% on Tuesday on the signs of hope.

CNNMoney (New York) February 3, 2015: 5:40 PM ET

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Tuesday's stock-market move reversed Monday's losses, when

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creditors. The standoff pushes Greece closer to a default and has


revived fears of the prospect of a forced exit by the country from
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"Markets year-to-date have been very volatile and not going
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Morning Business Outlook: 2/10/15

Management, which manages roughly $9.7 billion. "It's one thing to


have a calm market that doesn't go anywhere, but with this volatility
you're taking a daily risk and not getting paid for it. It's wearing on
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gambling in Vegas."
European stocks climbed on Tuesday as investors continued to eye
talks between Greece and its creditors. The new Greek government is
sticking to its pledge to end some debt-reduction measures
demanded by its creditors. Still, many investors believe a deal will be
reached and Greece won't exit the eurozone. France's CAC 40
gained 1% and Germany's DAX added 0.9%.
"If Greece were to leave (the eurozone), I don't think that's welcome on
anyone's plate," said Stephen Carl, head equity trader at New Yorkbased brokerage firm The Williams Capital Group. "Leaning the other
way is certainly a positive for the market."
Russ Koesterich, chief investment strategist at BlackRock Inc.,
agreed that concerns about Greece's future in the eurozone were
contributing to market volatility, but he said a bigger concern for U.S.
investors is corporate earnings and guidance for 2015, as well as
expectations for when the Federal Reserve will raise short-term
interest rates.
Defensive stocks such as utilities have performed strongly in recent
years, viewed as a refuge in a low-interest-rate environment. But with
many investors anticipating rates to rise this summer, shares of
utilities have in recent sessions been "crushed," Mr. Koesterich said.
In the past week, shares of utilities in the S&P 500 have fallen 3.4%,
making it the worst-performing sector during that period. On Tuesday,
those shares were big gainers, though, up 2.1%.
Energy stocks declined, weighed down by the falling price of oil.
Crude-oil futures fell 5.4% to $50.02 a barrel, and shares of energy
companies in the S&P 500 followed suit, declining 0.2%, the only
sector in the red for the day. Month to date, however, both crude-oil
futures and energy shares have been on the rise, up 3.7% and 5.4%,
respectively. The recent bounce follows months of declines, and the
price of crude oil is still half of its value in late June. Energy
companies in the S&P 500 are off roughly 20% in that same period.

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In other news, optimism among small-business owners retreated


slightly in January from the prior month, according to a report released
Tuesday by the National Federation of Independent Business.
Coca-Cola shares rose 2.8%, helping lead the Dow higher, after the
company reported fourth-quarter profit and revenue that topped
analyst expectations. The beverage company, which derives most of
its profit overseas, said 2015 would be a "transition year" as it deals
with cost-cutting plans and currency impacts.
Qualcomm Inc. said it reached a settlement with the Chinese
government in its investigation into whether the U.S. chip maker
violated the country's antimonopoly law. Shares rose 4.7% as some
investors viewed the fine as sparing Qualcomm some of the worst
penalties authorities could have given.
Starwood Hotels & Resorts Worldwide Inc. plans to spin off its
vacation ownership business into a separate company, a move it said
would take advantage of the increasing growth opportunities in the
timeshare industry. Shares rose 6.6%.
Shares of CVS Health Corp. gained 2.1% as growth in its Medicaid
business helped offset a decline in retail sales after the company
decided to stop selling cigarettes.
Gold futures lost 0.7% to $1231.60 an ounce. Treasury prices fell,
pushing the yield on the 10-year note up to 1.991% from 1.948% on
Monday.

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Sensex snaps 7-day fall, rebounds 128 points - The Hindu

Business Markets
Published: February 10, 2015 16:57 IST | Updated: February 10, 2015 16:57 IST

Sensex snaps 7-day fall, rebounds 128 points


PTI

Snapping a seven-day losing streak, the benchmark Sensex on Tuesday rose over 128 points on value-based buying in
auto, banking and metal shares on a day when the BJP was trounced by the AAP in Delhi assembly elections.
A positive macro-outlook also helped the market ended the day in green, brokers said. Tata Motors surged about 4
per cent, logging the best gains among 30 Sensex constituents. It was followed by ICICI Bank with a rise of over 3 per
cent.
Other gainers which supported the BSE Sensex include Tata Steel, Tata Power, HDFC Bank, GAIL, Coal India, Infosys,
ITC Ltd, L&T, M&M, SBI, Sesa Sterlite and BHEL.
On the other hand, 12 Sensex stocks ended down led by HDFC, NTPC, RIL, ONGC, Sun Pharma and Hindustan
Unilever. In volatile movements, the 30-share BSE barometer opened in the negative terrain. As foreign funds sold
shares amidst early indications of the BJP heading towards a defeat in Delhi Assembly elections, markets saw choppy
movements.
However, emergence of buying at attractive lower levels and some short-covering by speculators, helped the
benchmark index stage a solid comeback, said brokers. The Sensex hit a high of 28,633.72 before again losing some
ground to settle with a gain of 128.23 points, or 0.45 per cent, at 28,355.62.
On Monday, market participants attributed the Sensexs 490-point plunge to exit polls predicting BJPs defeat in
Delhi elections. In seven straight sessions, the index had lost 1,454.38 points as foreign funds and retail investors took
cash off the table amid lower-than-expected third quarterly earnings by some bluechip companies.
The 50-share NSE Nifty after dipping below the 8,500-mark at the outset, staged a strong comeback to close 39.20
points, or 0.46 per cent higher at 8,565.55. Intra-day, it shuttled between 8,470.50 and 8,646.25.
Though overall it was a choppy session, market breadth was slightly positive as investors cautiously did value buying
after decent correction seen in last three weeks, said Bonanza Portfolio associate fund manager Hiren Dhakan. A
mixed trend at other Asian markets and a lower opening in European markets also influenced sentiments here.
Sectorwise, the BSE Banking index gained the most by rising 1.76 per cent, followed by Auto sector (up 1.75 per cent),
Metal index (up 1.68 per cent) and Consumer Durables index (up 1.46 per cent) among others. Meanwhile, Foreign
Portfolio Investors sold shares worth net Rs. 660.30 crore on Monday.
Keywords: Sensex, Nifty, BSE, NSE, stock exchanges
Printable version | Feb 11, 2015 7:14:55 AM | http://www.thehindu.com/business/markets/sensex-snaps-7day-fallrebounds-128-points/article6878756.ece
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2/11/2015

Sensexsurges178points,Niftyregains8600markTheHindu

BusinessMarkets
Published:February11,201517:11IST|Updated:February11,201517:11IST

Sensexsurges178points,Niftyregains8600mark
PTI

StockmarketsonWednesdayroseforthesecondstraightdaywiththebenchmarkSensexrising178.35pointstoendat
28,533.97andtheNiftyindexreclaimingthe8,600markpoweredbyareboundinbluechipsamidhopesoffaster
reformsandoptimismovertheupcomingBudget.
Aftersurgingto28,618.91pointsonvaluebuying,theSensexslippedpartiallytoendat28,533.97,logginganetgainof
178.35points,or0.63percent.Intraday,ithitdayslowof28,424.39.OnTuesday,theindexsnappedasevenday
downtrendbyrising128.23points.
Similarly,the50shareNSENiftyrecapturedthecrucial8,600markbyrising61.85points,or0.72percent,tocloseat
8,627.40.Itmovedbetween8,593.65and8,651.95intraday.Goodbuyingwasseeninmidcapandsmallcapshares
too.
TheBSEMidcapindexwasup1.55percentandtheSmallcapindexrose1.47percent.Sentimentswerebuoyedlargely
onincreasedbuyingbyparticipantsonoptimismoverforthcomingBudgetthatmayproposegrowthboostingmeasures
withfocusonmorespendingoninfrastructuresector,equitybrokerssaid.
Besides,coveringupofshortpositionsbyspeculatorsalsohelpedstockstorecover,theyadded.GainsinSensexwere
poweredbyAxisBankthatclimbed2.87percent,followedbyL&Twithagainof2.57percentafterfallingsharplyin
pastfewdays.
OthergainerswhichsupportedthekeyindicesincludeMarutiSuzuki,TataSteel,RIL,HeroMotoCorp,HindUnilever,
ITCLtd,ICICIBank,NTPC,CoalIndiaandBajajAuto.
Inthe30Sensexpack,21constituentsendedhigherwhileeightfinishedinthenegativezone.Sensexlaggardsinclude
ONGC,SBI,TataMotors,Wipro,Cipla,BhartiAirtelandBHEL.
Globally,amixedtrendinAsiaandaslightlybettertrendinEuropeanmarketsinfluencedtradingsentimentshere.
Meanwhile,ForeignPortfolioInvestorssoldsharesworthanetRs.1,261.19croreonTuesday,accordingtobourses.
Sectorwise,theBSECapitalGoodsIndexgainedthemostbysurging2percent,followedbyMetalindex1.68percent.
Healthcaregained1.25percent,Power1.16percent,Banking1.05percent,FMCG0.85percent,Oil&Gas0.82per
centandAuto0.80percent.
Keywords:Sensex,Nifty,BSE,NSE,stockexchanges
Printableversion|Feb11,20157:06:04PM|http://www.thehindu.com/business/markets/sensexsurges178points
niftyregains8600mark/article6882679.ece
TheHindu

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1/1

2/13/2015

Sensex above 29,000, Nifty regains 8,800-mark - The Hindu

Business Markets
Published: February 13, 2015 16:50 IST | Updated: February 13, 2015 19:12 IST

Sensex above 29,000, Nifty regains 8,800-mark


PTI

Domestic markets rose for the fourth straight session with the benchmark Sensex on Friday closing above 29,000mark for the first time since February 3 while the Nifty reclaimed 8,800-level as bluechips led by banking rallied after
robust SBI earnings.
Besides, expectations of faster reforms and a growth oriented Budget as well as recent data strengthening the case for
more monetary easing boosted the sentiment, brokers said.
Global cues were positive after news of a ceasefire in Ukraine and as Greece appeared closer to a possible overhaul of
its bailout, they added.
Continuing its surge for the fourth session, the BSE Sensex recaptured the landmark 29,000-level for the first time
since February 3. It hit an intra-day high of 29,154.67 before settling 289.83 points, or 1.01 per cent, higher at
29,094.93 over its previous close.
The gauge has now gone up by 867.54 points in four days.
Also, the NSE Nifty continued its winning run and zoomed to regain the 8,800-mark by soaring 93.95 points, or 1.08
per cent to close at 8,805.50. Intra-day, it shuttled between 8,729.65 and 8,822.10.
Buying activity gathered momentum soon after SBI posted better-than-estimated third quarterly earnings.
Stocks of SBI spurted by 7.96 per cent after it reported over 30 per cent jump in net profit for December quarter.
Other Sensex components which supported the key benchmark to reclaim 29,000-mark were M&M, TCS, Coal India,
ITC, Maruti Suzuki, Sun Pharma, HDFC, Axis Bank and Bharti Airtel. In the 30-share Sensex, 24 ended with gains
and six ended lower.
Sectorwise BSE FMCG index gained the most by rising 1.77 per cent, followed by Healthcare 1.56 per cent, Banking
1.32 per cent, Auto 1.08 per cent and Metal 1 per cent among others.
Buying activity in smallcap and midcap shares also gathered momentum, with the BSE Midcap index rising by 0.74
and Smallcap index gaining 0.35 per cent.
Meanwhile, Foreign Portfolio Investors (FPIs) remained the net sellers on the bourses. FPIs sold shares worth a net Rs.
406.28 crore on Thursday, according to provisional data.
Keywords: sensex, BSE, NSE, nifty, Indian stock market
Printable version | Feb 13, 2015 8:22:59 PM | http://www.thehindu.com/business/markets/sensex-above-29000http://www.thehindu.com/business/markets/sensex-above-29000-nifty-regains-8800mark/article6891558.ece?homepage=true&css=print

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2/12/2015

Sensex surges 271 points ahead of retail inflation, IIP numbers - The Hindu

Business Markets
Published: February 12, 2015 16:46 IST | Updated: February 12, 2015 16:46 IST

Sensex surges 271 points ahead of retail inflation, IIP numbers


PTI

Markets gained for the third straight session on Thursday with the benchmark Sensex surging over 271 points to
28,805.10 on fag-end buying in some blue-chips ahead of retail inflation and IIP data.
The NSE Nifty index reclaimed the 8,700-mark by rising 84.15 points, or 0.98 per cent, to end at 8,711.55 after
shuttling between 8,732.55 and 8,599.25.
After slipping briefly into the red, the broader indices gained pace towards the closing hours.
The BSE Sensex resumed higher at 28,650.25 on initial buying and advanced further to 28,685.88 but succumbed to
profit-booking and fell back to touch the days low of 28,406.25 in late morning trade.
However, the index rebounded during the afternoon session to touch the days high of 28,838.52 on fag-end buying
before concluding at 28,805.10, logging a gain of 271.13 points, or 0.95 per cent, from its previous closing. This is its
strongest close since 28,717.91 on February 6.
In three successive days, Sensex has gained 577.71 points.
Dr Reddy emerged the major gainer among Sensex stocks by surging 5.49 per cent to Rs 3,327.50.
Other prominent gainers in the 30-share Sensex include BHEL, Cipla, GAIL, Hindalco, Maruti Suzuki, L&T, Sesa
Sterlite, Tata Power, Axis Bank, HDFC Ltd, HDFC Bank, Hero MotoCorp, ICICI Bank, Infosys, M&M, NTPC, ONGC
and RIL.
Sentiments buoyed by the Finance Minister Arun Jaitleys statement that the defeat in Delhi polls will not slow down
the pace of economic reforms and optimism over the forthcoming Budget.
Investors are now eyeing December IIP data and January retail inflation, to be released later today, brokers said.
Sectorally, the BSE Power index gained the most by rising 2.51 per cent, followed by Capital Goods index 2.33 per
http://www.thehindu.com/business/markets/sensex-surges-271-points-ahead-of-retail-inflation-iip-numbers/article6886900.ece?css=print

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2/12/2015

Sensex surges 271 points ahead of retail inflation, IIP numbers - The Hindu

cent, Healthcare index 1.69 per cent, Auto index 1.47 per cent, Infrastructure index 1.32 per cent, Realty index 1.28
per cent and IT index 1.04 per cent.
Supported by retail investors buying, the small-cap index rose 1.27 per cent and mid-cap index surged 1.13 per cent.
Major Sensex losers were Bajaj Auto, Bharti Airtel, Coal India, Hind Unilever, ITC Ltd, SBI and Sun Pharma.
Higher closing at other Asian markets and a better opening in Europe also influenced trading sentiments here.
Foreigners sold shares worth a net Rs 371.27 crore on Wednesday as per provisional data.
Keywords: sensex, BSE, NSE, Nifty, Indian stock market, closing trade
Printable version | Feb 12, 2015 11:15:55 PM | http://www.thehindu.com/business/markets/sensex-surges-271points-ahead-of-retail-inflation-iip-numbers/article6886900.ece
The Hindu

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Street Ends Sharply Higher as Tech Leads | Fox Business

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Street Ends Sharply Higher as Tech Leads | Fox Business

Overseas, leaders of Germany, France, Russia and Ukraine agreed a

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Morning Biz Outlook

for global investors, although the pact remained fragile. The news
contributed to oil prices advancing 4.9 percent, which in turn lifted the
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really helping the overall benchmark," said Michael Mullaney, chief


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than expected in the latest week, while retail sales barely rebounded
in January. In addition, business inventories rose less than expected
in December.
The Dow Jones industrial average rose 110.24 points, or 0.62
percent, to 17,972.38, the S&P 500 gained 19.95 points, or 0.96
percent, to 2,088.48, and the Nasdaq Composite added 56.43
points, or 1.18 percent, to 4,857.61.
The Nasdaq ended at its peak of the session, the highest level for the
index since March 2000, while the S&P 500 ended about 0.1 percent
below closing record, set on Dec. 29.
Tesla Motors dropped 4.7 percent to $202.88 after it missed fourthquarter sales targets and analysts' profit expectations.
American Express shares dropped 6.4 percent to $80.48 as the
biggest drag on the Dow after it said Costco Wholesale would stop
accepting its cards in the United States from next April, after a
renewal agreement could not be reached.
NYSE advancers outnumbered decliners 2,403 to 685, for a 3.51-to-1
ratio; on the Nasdaq, 1,931 issues rose and 806 fell, a 2.40-to-1 ratio.
The S&P 500 posted 69 new 52-week highs and no new lows; the
Nasdaq Composite recorded 123 new highs and 20 new lows.
About 6.72 billion shares traded on all U.S. platforms, according to
BATS exchange data, below the month-to-date average of 7.31
billion.
(By Ryan Vlastelica; Editing by Bernadette Baum and Nick Zieminski)

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Street Ends Sharply Higher as Tech Leads | Fox Business


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Wall Street Caps the Week With Broad Rally | Fox Business

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The Dow Jones industrial average <.DJI> rose 46.97 points, or 0.26

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0.41 percent, to 2,096.99, a record high. The Nasdaq Composite


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Many investors are leaving safe-haven utilities stocks as they
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American Express <AXP.N> weighed on the S&P index with a 3
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Of the 391 S&P 500 companies that have reported earnings, about
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The earnings growth rate for the quarter is 6.6 percent, down from the
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U.S. import prices tumbled 2.8 percent in January, the largest decline
since December 2008 and the seventh straight month of declines,
indicating inflation pressures could remain subdued, while consumer
sentiment fell from an 11-year high.
About 6.5 billion shares changed hands on U.S. exchanges, below the
7.3 billion average so far this month, according to BATS Global
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NYSE advancers outnumbered decliners 1,919 to 1,146, for a 1.67to-1 ratio; on the Nasdaq, 1,726 issues rose and 983 fell, a 1.76-to-1
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The S&P 500 posted 76 new 52-week highs and 1 new low; the
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Wall Street Caps the Week With Broad Rally | Fox Business

(By Sinead Carew; Additional reporting by Caroline Valetkevitch;


Editing by Bernadette Baum and Nick Zieminski)

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2/16/2015

Sensex surges 132 points - The Hindu

Business Markets
Published: February 16, 2015 10:15 IST | Updated: February 16, 2015 10:15 IST

Sensex surges 132 points


PTI

Continuing its upward journey for the fifth consecutive session, the benchmark BSE Sensex gained 132 points in early
trade on Monday as funds and retail investors enlarged positions on hopes of pro-growth Budget and better third
quarterly earnings by some bluechip companies.
Besides, a firming trend at other Asian markets buoyed trading sentiments here.
The 30-share index was trading higher by 131.93 points, or 0.45 per cent, at 29,226.86 with all the sectoral indices,
led by realty, metal, oil & gas and banking, leading the rise.
The gauge had gained 867.54 points in the previous four sessions.
Also, the National Stock Exchange index Nifty shot up by 34.90 points, or 0.40 per cent, at 8,840.40.
Brokers said sustained buying by foreign funds and retail investors on expectations that the forthcoming Budget will
be growth-oriented and the government will accelerate reforms, buoyed the sentiments.
Meanwhile, overseas investors have pumped in over Rs 10,000 crore in Indian capital markets in the first two weeks
of this month.
Further, a better trend at other Asian markets following record-closing in US markets on Friday, boosted sentiments
here, they added.
Keywords: Sensex, opening trade
Printable version | Feb 16, 2015 8:17:18 PM | http://www.thehindu.com/business/markets/sensex-surges-132points/article6901128.ece
The Hindu

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2/18/2015

Sensex up 163 points, capital goods surge - The Hindu

Business Markets
Published: February 18, 2015 16:03 IST | Updated: February 18, 2015 16:03 IST

Sensex up 163 points, capital goods surge


IANS

The Sensex had touched a high of 29,411.32 points and a low of 29,126.91 points in the intra-day trade.

PTI

A benchmark index of the Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed on
Wednesdays trade 163 points or 0.56 per cent up as capital goods stocks surged.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also closed the days trade with healthy gains. It
ended Wednesdays trade 56.95 points or 0.65 per cent up at 8,866.30 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,136.07 points, closed at 29,298.84 points
(3.30 pm), up 162.96 points or 0.56 per cent from the previous days close at 29,135.88 points.
The Sensex had touched a high of 29,411.32 points and a low of 29,126.91 points in the intra-day trade.
Healthy buying was observed in capital goods, consumer durables, automobile, information technology and bank
sectors. However, metal, oil and gas and realty scrip came under selling pressure.
The S&P BSE capital goods index surged by 223.53 points, consumer durables index rose 207.33 points, automobile
index gained 174.12 points, IT index increased by 129.64 points and bank index moved up 97.80 points.
However, metal index declined by 93.57 points, oil and gas index fell 42.90 points and realty index slipped 7.68
points.
Keywords: Sensex
Printable version | Feb 18, 2015 6:47:09 PM | http://www.thehindu.com/business/markets/sensex-up-163-pointscapital-goods-surge/article6908966.ece
The Hindu

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1/1

2/19/2015

Sensex up 142 points on seventh day of rise - The Hindu

Business Markets
Published: February 19, 2015 17:18 IST | Updated: February 19, 2015 17:18 IST

Sensex up 142 points on seventh day of rise


PTI

Surging for the seventh straight session, the benchmark Sensex on Thursday gained over 142 points to close at
29,462.27 boosted by sharp rise in metal shares after some firms won mines in ongoing coal block auction.
Stocks of Jindal Steel Power zoomed over 25 per cent.
Hindalco, Tata Power, Tata Steel and Sesa Sterlite rose in the range of 2-7 per cent.
Rate-sensitive capital goods and realty shares also saw buying on hopes of rate cuts as inflation slowed. Participants
continue to bet on a growth-oriented budget, brokers said.
In volatile movements, the 30-share BSE Sensex opened on a strong footing but succumbed to profit-booking and
stayed in the negative zone for a major part of the session. It hit the days low of 29,108.15.
However, a flurry of buying in the last 90 minutes boosted share prices and helped the Sensex rebound and hit a high
of 29,522.86 before closing at 29,462.27 -- a net gain of 142.01 points, or 0.48 per cent.
The bluechip gauge has now garnered 1,234.85 points in the seven straight sessions and is at three-week high levels.
Todays market activity was the best example of volatility ahead of the budget... our domestic news flow has also
turned positive in terms of strong response to bidding of coal blocks, said Kotak Securities, head - Technical
Research, Shrikant Chouhan.
The wide-based NSE Nifty index rose by 26.20 points, or 0.30 per cent, to close at 8,895.30. Intra-day, it moved
between 8,794.45 and 8,913.45.
As many as 20 of the 30 Sensex stocks closed with gains.
In the broader market, jewellery stocks such as PC Jeweller, Gitanjali Gems, Tribhuvandas Bhimji and Titan caught
buyers fancy after RBI relaxed gold import norms.
http://www.thehindu.com/business/markets/sensex-up-142-points-on-seventh-day-of-rise/article6913028.ece?css=print

1/2

2/19/2015

Sensex up 142 points on seventh day of rise - The Hindu

Sectorwise, Metal index rose by 3.82 per cent, followed by the Capital Goods (1.36 per cent), Realty (1.06 per cent),
Power (0.86 per cent) and IT (0.79 per cent) among others.
Buying activity gathered momentum in small and mid-cap sector stocks as well. The BSE Smallcap index edged up by
0.10 per cent and midcap index gained 0.04 per cent.
Foreigners bought shares worth a net Rs 2,187.96 crore on Wednesday as per provisional data from bourses.
Keywords: Sensex, Nifty, BSE Sensex, stock markets
Printable version | Feb 19, 2015 7:18:26 PM | http://www.thehindu.com/business/markets/sensex-up-142-points-onseventh-day-of-rise/article6913028.ece
The Hindu

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2/20/2015

Wall Street Caps Week In Big Relief Rally After Greek Deal News | Fox Business

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2/20/2015

Wall Street Caps Week In Big Relief Rally After Greek Deal News | Fox Business

Shares of the Global X FTSE Greece 20 exchange-traded fund

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Morning Biz Outlook

Greece surged 21.7 percent to $1.96.


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percent, to 18,140.44, the S&P 500 gained 12.85 points, or 0.61
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or 0.63 percent, to 4,955.97.
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The S&P 500 posted 82 new 52-week highs and two new lows; the
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(By Caroline Valetkevitch; Additional reporting by Herbert Lash;
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2/20/2015

Wall Street Caps Week In Big Relief Rally After Greek Deal News | Fox Business
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2/24/2015

Yellen Pushes Major Averages to New Record Highs | Fox Business

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2/24/2015

Yellen Pushes Major Averages to New Record Highs | Fox Business

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2/24/2015

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2/27/2015

Sensex, Nifty surge after Economic Survey boosts budget hopes - The Hindu

Business Markets
Published: February 27, 2015 17:17 IST | Updated: February 27, 2015 17:17 IST

Sensex, Nifty surge after Economic Survey boosts budget hopes


PTI

The benchmark Sensex on Friday logged its best daily gain in almost six weeks, spurting 473.47 points to 29,220.12
after the Economic Survey made a strong pitch for big bang reforms while projecting faster growth and improved
fiscal situation.
The BSE Sensex opened at 28,865.12 on optimistic buying and gathered momentum, soon after the Economic Survey
was tabled in Parliament. It regained the 29,000 mark and touched the days high of 29,254.02 before settling at
29,220.12. This is its best gain since January 20, 2015, when it had gained 522 points.
The broad-based NSE Nifty reclaimed the key 8,800 mark by surging 160.75 points to close at 8,844.60.
Major gainers that supported the key indices to regain crucial levels were Tata Power, L&T, ICICI Bank, Hindalco,
CIL, M&M, NTPC, ONGC, SBI, Sesa Sterlite and Tata Steel.
Tata Motors, Axis Bank, BHEL, Hero MotoCorp, HDFC Bank, Sun Pharma, RIL, Bharti Airtel, Infosys and Cipla also
rose.
However, Sensex laggards include GAIL, ITC, Wipro and Hindustan Unilever, which succumbed to profit-booking.
Sector-wise, the BSE realty index gained the most by rising 4.25 per cent, followed by capital goods 3.80 per cent.
Power index rose by 3.17 per cent, metal index by 3.02 per cent, banking index 2.73 per cent, consumer durables
index 2.23 per cent, auto index 2.16 percent and oil&gas index 1.36 per cent.
The BSE midcap index gained 1.84 per cent and the smallcap index rose by 1.40 per cent.
Keywords: Stock markets, Sensex, Nifty
Printable version | Feb 27, 2015 7:01:38 PM | http://www.thehindu.com/business/markets/sensex-nifty-surge-aftereconomic-survey-boosts-budget-hopes/article6941476.ece
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3/2/2015

Sensex closes 98 points up, capital goods stocks zoom - The Hindu

Business Markets
Published: March 2, 2015 16:34 IST | Updated: March 2, 2015 16:34 IST

Sensex closes 98 points up, capital goods stocks zoom


IANS

The Sensex touched a high of 29,576.32 points and a low of 29,259.77 points in the intra-day trade.

PTI

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally ended Mondays
trade up 98 points or 0.33 per cent.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also made gains during the days trade. It
provisionally ended 54.90 points or 0.62 per cent up at 8,956.75 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,533.42 points, closed the days trade at
29,459.14 points (provisional), up 97.64 points or 0.33 per cent from the previous days close at 29,361.50 points.
The Sensex touched a high of 29,576.32 points and a low of 29,259.77 points in the intra-day trade.
In the days trade, healthy buying took place in capital goods, bank, healthcare, power and oil and gas sectors.
However, heavy selling was observed in fast moving consumer goods (FMCG), consumer durables, automobile,
technology, entertainment and media (TECK) and metal indices of the BSE.
The S&P BSE capital goods index rocketed by 636.03 points, bank index zoomed up 408.75 points, healthcare index
increased by 296.11 points, power index gained 33.07 points and oil and gas index was higher by 20.81 points.
The S&P BSE FMCG index plunged 155.79 points, followed by consumer durables index which was lower by 120.27
points, automobile index lost 57.79 points, TECK index fell 14.78 points and metal index slipped by 6.64 points.
Keywords: Sensex, capital goods, stocks
Printable version | Mar 2, 2015 7:33:31 PM | http://www.thehindu.com/business/markets/sensex-closes-98-pointshttp://www.thehindu.com/business/markets/sensex-closes-98-points-up-capital-goods-stocks-zoom/article6951654.ece?css=print

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3/2/2015

Sensex closes 98 points up, capital goods stocks zoom - The Hindu

up-capital-goods-stocks-zoom/article6951654.ece
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3/2/2015

Claman on Call: Markets Log Record Start to March | Fox Business


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3/3/2015

Nifty breaches 9,000-mark on fund inflows - The Hindu

Business Markets
Published: March 3, 2015 15:45 IST | Updated: March 3, 2015 17:06 IST

Nifty breaches 9,000-mark on fund inflows


PTI

Nifty crossed the 9,000-level for the first time by gaining 47.20 points to trade at an all-time high of 9,003.95. File photo

AP

The National Stock Exchange index Nifty breached the 9,000-level for the first time in pre-close session on Tuesday

The benchmark Sensex on Tuesday surged about 135 points to end at over one-month closing high of 29,593.73 while
the NSE Nifty index topped 9,000 mark for the first time on continued optimism over economic reforms and solid
foreign fund buying in RIL, TCS and Sun Pharma shares.
The NSE Nifty, after hitting all-time high of of 9,008.40 in the fag-end, ended at new closing peak of 8,996.25 a
rise of 39.50 points. The Nifty has surpassed its previous life high of 8,996.60 on January 30.
Overcoming the initial choppiness and volatility, the key indices witnessed a strong rebound in late afternoon trade
led by index heavyweight Reliance Industries following expectations of solid earnings show as crude price rebounded.
TCS also spurted about 4 per cent, followed by 2 per cent gains in HDFC and Sun Pharma.
The BSE Sensex opened a tad higher at 29,500.19 and swung between a high of 29,636.86 and a low of 29,364.87
before ending at 29,593.73.
Among the sectoral indices, strong buying was seen in oil&gas and refineries followed by IT, tech and healthcare.
Realty, auto, metal and banking succumbed to selling pressure.
Keywords: National Stock exchange, Nifty record, Budget reactions, fund inflows
Printable version | Mar 3, 2015 10:45:28 PM | http://www.thehindu.com/business/markets/nifty-breaches9000mark-on-fund-inflows/article6955289.ece
The Hindu

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1/1

3/7/2015

Sensex rebounds 68 pts as pharma, FMCG, banking shares rise - The Hindu

Business Markets
Published: March 5, 2015 15:50 IST | Updated: March 5, 2015 16:46 IST

Sensex rebounds 68 pts as pharma, FMCG, banking shares rise


PTI

After taking a days breather, markets today continued their upward journey with the benchmark Sensex rebounding
over 68 points while the Nifty edged up 15 points on buying in pharma, FMCG, banking and auto shares amid
sustained foreign fund inflows.
In volatile movements, the 30-share BSE index opened firm at 29,436.77 and then improved to touch the days high of
29,518.32 in early trade. However, it slipped into the negative terrain on across-the-board profit-booking.
Buying by participants in the last 30 minutes of trading helped the gauge bounce back to close 68.22 points, or 0.23
per cent, higher at 29,448.95.
Intra day, it had slipped to a low of 29,162.47 due to selling in metal, IT and capital goods, oil and gas scrips.
Yesterday, the Sensex lost 213 points on profit-booking after breaching the historic 30,000-mark to hit a lifetime high
of 30,024.74 following a surprise rate cut by the RBI.
In four straight trading sessions (February 27, 28, March 2 and 3), the Sensex had gained 847.08 points on the back
of strong FII inflows following a growth-oriented Budget.
The 50-share NSE Nifty recovered 15.19 points, or 0.17 per cent, to close at 8,937.75 after shuttling between 8,957.55
and 8,849.35 intra-day. It had shed 73.60 points yesterday after touching its alltime high of 9,119.20.
The recovery in the Sensex and the Nifty was supported by gains in Sun Pharma that climbed 3.24 per cent, while
Cipla surged 1.81 per cent. Hindustan Unilever surged 2.49 per cent and HDFC Bank rose 1.87 per cent among the
Sensex gainers.
Other bluechip gainers which helped indices to close in positive zone were HDFC, Dr Reddy, M&M, Wipro and Axis
Bank.
Shares of Reliance Infrastructure rose over 3 per cent after it announced acquisition of controlling stake in Pipavav
Defence and Offshore Engineering for up to Rs 2,082.3 crore.
Stocks of steel companies, however, remained under selling pressure on continued profitbooking, brokers said.
Hindalco suffered by the most by falling 3.69 per cent, Tata Steel fell 1.57 per cent and Sesa Sterlite was down 1.51 per
cent.
Keywords: Sensex, BSE, Nifty, NSE
Printable version | Mar 8, 2015 4:14:44 AM | http://www.thehindu.com/business/markets/sensex-rebounds-68-ptsas-pharma-fmcg-banking-shares-rise/article6962753.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-rebounds-68-pts-as-pharma-fmcg-banking-shares-rise/article6962753.ece?css=print

1/1

3/7/2015

Sensex gains 84 points; healthcare stocks surge - The Hindu

Business
Published: March 5, 2015 10:06 IST | Updated: March 5, 2015 10:06 IST

Sensex gains 84 points; healthcare stocks surge


IANS

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), Thursday was trading 84.05
points or 0.29 percent up as healthcare stocks gained.
The wider 50scrip Nifty of the National Stock Exchange (NSE) was also trading at 22.45 points or 0.25 percent up
at 8,945.10 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 29,436.77 points, was trading at 29,464.78
points (at 9.25 a.m.) in the early session, up 84.05 points or 0.29 percent from the previous days close at 29,380.73
points.
The Sensex touched a high of 29,485.99 points and a low of 29,386.67 points in the trade so far.
Good buying was observed in healthcare, fast moving consumer goods and consumer durables sectors, while marginal
selling pressure was seen in banking sector.
Keywords: sensex, BSE, nifty, NSE
Printable version | Mar 8, 2015 4:15:32 AM | http://www.thehindu.com/business/sensex-gains-84-points-healthcarestocks-surge/article6962208.ece
The Hindu

http://www.thehindu.com/business/sensex-gains-84-points-healthcare-stocks-surge/article6962208.ece?css=print

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3/9/2015

Wall Street Closes Higher as Bull Market Turns Six | Fox Business
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3/12/2015

Sensex closes 264 points up - The Hindu

Business Markets
Published: March 12, 2015 16:25 IST | Updated: March 12, 2015 16:25 IST

Sensex closes 264 points up


IANS

Breaking a streak of three consecutive losses, a benchmark index of Indian equities markets the 30-scrip BSE
Sensitive Index (Sensex) made healthy gains during Thursdays closing session.
The barometer index provisionally closed Thursdays trade up 264 points or 0.92 percent as automobile, capital goods
and consumer durables stocks made healthy gains. The markets rose after Asian markets made gains on the back of
easing of monetary policy in South Korea and Thailand.
The wider 50scrip Nifty of the National Stock Exchange (NSE) also made healthy gains during the days trade. It
provisionally closed 76.05 points or 0.87 percent up at 8,776 points.
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 28,798.61 points, closed the days trade at
28,923.11 points (3.30 p.m.), up 263.94 points or 0.92 percent from the previous days close at 28,659.17 points.
The Sensex had touched a high of 28,971.01 points and a low of 28,772.71 points in the intraday trade.
Keywords: Sensex close
Printable version | Mar 12, 2015 7:56:55 PM | http://www.thehindu.com/business/markets/sensex-closes-264points-up/article6986425.ece
The Hindu

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3/12/2015

Wall Street Ends Up, Helped by Weaker Dollar, Bank Rally | Fox Business

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Wall Street Ends Up, Helped by Weaker Dollar, Bank Rally | Fox Business

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$30.80 and limited the Nasdaq's advance.
Advancing issues outnumbered declining ones on the NYSE by 2,241
to 823, for a 2.72-to-1 ratio; on the Nasdaq, 1,982 issues rose and
765 fell, a 2.59-to-1 ratio.
The S&P 500 index posted 22 new 52-week highs and 8 new lows;
the Nasdaq Composite recorded 136 new highs and 73 new lows.
(By Caroline Valetkevitch; Editing by Bernadette Baum and Nick
Zieminski)

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The S&P 500 (SPX) rose 27.79 points, or 1.4%, to 2,081.19, with
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Stocks Rally into the Close Ahead of FOMC Meeting | Fox Business

"Despite today's bounce the S&P 500 is still rangebound. The upside
is capped because so much focus is on the Fed's tightening plans,

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but the downside is floored because of growing economy and


earnings potential," Cieszinski said.
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sharp bounce is some investors are covering short positions ahead of


the Fed decision on Wednesday while light volumes amplify this
action," Kinahan said.
He noted that investors have begun unwinding positions ahead of the
quadruple witching day on Friday, when all quarterly options and
futures contracts expire.
Analysts said a rally in European equity markets helped positive
mood in the U.S. The German DAX 30 index jumped 2% and climbed
above 12,000 for the first time on Monday.
Meanwhile, the Shanghai Composite Index rallied 2.3% to its highest
settlement in 5 1/2 years after Chinese premier Li Keqiang said the
government would step up efforts to bolster economic growth.
In other markets, oil prices (CLJ5) settled at their lowest level in six
year, dropping 2.1% to $43.88 a barrel. Gold (GCJ5) eked out gains,
rising 0.1%, to settle at $1,153.20.
Cieszinski noted that the stock market somewhat decoupled from the
oil market. "The supply glut with no cuts in production is pushing oil
prices lower, but it has been affecting stock markets less lately," he
said.
Data: On Monday, investors assessed a batch of data that came in
softer than expected. The Empire State manufacturing gauge moved
slightly lower in March, but was still pointing to improving conditions,
with solid gains in the employment index.
Industrial production rose a seasonally adjusted 0.1% in February, the
Federal Reserve said Monday. The increase was smaller than
expected.
)Stocks to watch: Netflix Inc.(NFLX) slumped 3.8% after Evercore ISI
downgraded the streaming video service

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Life Time Fitness Inc. shares (LTM) jumped 5.2% to $70.68 after the
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it would be willing to add one of the nominees to its board that the
hedge fund is recommending.
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3/17/2015

Sensex up 307 pts in morning trade on firm Asian cues - The Hindu

Business Markets
Published: March 17, 2015 12:00 IST | Updated: March 17, 2015 12:00 IST

Sensex up 307 pts in morning trade on firm Asian cues


PTI

The 50-issue CNX Nifty of the NSE also bounced back by 92.80 points or 1.07 pct to quote at 8,725.95 at 11:00 hrs. File photo

PTI

The benchmark BSE Sensex on Tuesday rebounded sharply by 307 points in late morning trade to 28,744.47, tracking
firm global cues.
Asian markets edged higher as investors positioned for the possibility that weaker-than-expected US data will prompt
the Federal Reserve to adopt a cautious stance this week. US stocks closed sharply higher on Monday, as the USD rally
paused ahead of the Federal Reserves two-day policy meeting.
The 30-share index saw all sectoral indices trading in the green with healthcare, auto, FMCG, metal, consumer
durable, bank and power segments leading the pack.
The benchmark S&P BSE Sensex resumed higher at 28,595.00 and improved further to quote at 28,744.47 at 1100
hrs, showing a rise of 306.76 points or 1.08 pct.
The 50-issue CNX Nifty of the NSE also bounced back by 92.80 points or 1.07 pct to quote at 8,725.95 at 11:00 hrs.
The prominent gainers from the sensex pack were, Hindalco 3.31 pct, SSLT 3.26 pct, Tata Motors, 3.09 pct, Dr Reddy
2.78 pct, Cipla 2.32 pct, Tata Steel 2.08 pct, HDFC 1.86 pct, Sun Pharma 1.78 pct, TCS 1.39 pct, Axis Bank 1.34 pct,
ITC 1.21 pct and L&T 1.16 pct.
From Asia, key indices from China, Hong Kong, Japan, Singapore, South Korea and Taiwan were trading higher by
0.24 pct and 1.75 pct. The Dow Jones Industrial Average and the Nasdaq Composite Index closed up by 1.29 pct and
1.19 pct respectively on Wall Street on Monday.
Meanwhile FIIs sold shares worth Rs 762.55 crore yesterday as per provisional data.
Keywords: Sensex, BSE
http://www.thehindu.com/business/markets/sensex-up-307-pts-in-morning-trade-on-firm-asian-cues/article7002871.ece?css=print

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Sensex up 307 pts in morning trade on firm Asian cues - The Hindu

Printable version | Mar 17, 2015 5:13:50 PM | http://www.thehindu.com/business/markets/sensex-up-307-pts-inmorning-trade-on-firm-asian-cues/article7002871.ece


The Hindu

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3/18/2015

Wall Street Cheers FOMC Statement | Fox Business

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The Dow Jones industrial average <.DJI> rose 222.14 points, or 1.24

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At the end of a two-day meeting Wednesday, the Fed also cut its
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PublishedMarch20,2015 / AssociatedPress

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3/22/2015

CrudeOil,Gas,andMetalsPrices.html

BrentCrudeOil

$55.32

0.89

1.61%

2015.03.21endofday

WTICrudeOil

$45.72

1.76

3.85%

2015.03.21endofday

Commodities
Crude Oil

45.72

+3.85%

Natural Gas

2.79

-0.97%

Gasoline

1.80

+1.31%

Heating Oil

1.73

+0.69%

Gold

1184.80

+1.33%

Silver

16.87

+4.56%

Copper

2.78

2015.03.21 end-of-day

+3.62%
Add to your site

CrudeOilPricebyOILPRICE.NET

Price
Change
2015.03.21$45.72 1.763.85%
1YearForecast

$52/Barrel

file:///C:/Users/Srinivas%20V.%20Vadde/Desktop/Crude%20Oil,%20Gas,%20and%20Metals%20Prices.html

1/2

3/26/2015

Crude Oil, Gas, and Metals Prices.html

Brent Crude Oil

$59.19

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2015.03.26 end-of-day

WTI Crude Oil

$51.43

2.22

4.32%

2015.03.26 end-of-day

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Crud e Oil

51.43

+4.32%

Na tura l G a s

2.67

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G a soline

1.88

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He a ting Oil

1.79

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G old

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Silve r

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Cop p e r

2.82

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2015.03.26 - $ 51.43

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3/26/2015

Oil Jumps After Saudi Air Strikes in Yemen | Fox Business

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Oil jumped about 5 percent on Thursday, the biggest daily gain in a

Print

month, as air strikes in Yemen by Saudi Arabia and its Gulf Arab allies

Em ail

sparked fears that escalation of the Middle East battle could disrupt
Share
Share

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world crude supplies.

Ruth Porat: The


Latest Casualty of

Tw eet

16

Share

Dodd Frank

The Saudi military operation against the Iran-backed Houthi rebels,


who have driven Yemen's president from the capital Sanaa, has not
affected oil facilities of major Gulf producers.

How a Dunning
Letter Could Result

But fears the conflict could spread and disrupt Middle East shipments

in a Tax Refund

powered benchmark Brent oil to near $60 a barrel, in its biggest daily
gain since Feb. 25.
A Government
Pension Could

U.S. West Texas Intermediate (WTI) crude soared above $50,

Reduce Your Social

approaching 2015 highs.

Security - Part 2

Some analysts said the chance of an all-out proxy war between the

Behind the scenes,

Saudis and Iran looked remote. They attributed some of Thursday's

de Blasio changes

rally in oil to short covering after steep losses in early March, and said

tactics as New York


City makes its state

gains should be brief as worries about a supply glut linger in the

budget pitch

market. [ID:nL6N0WS3FB]
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1/4

3/26/2015

Oil Jumps After Saudi Air Strikes in Yemen | Fox Business

"You don't want to be short oil when there are stories about bombings
next door to Saudi Arabia, even if it's the Saudis who are leading the

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charge," said Joseph Posillico, senior vice president of energy futures


at Jefferies in New York.
"But with shorts squeezed out of the market, particularly those under
$50 WTI, we are reassessing where to go. I personally don't think this
rally has legs as fundamentally nothing's changed."

Morning Business Outlook: 3/25/15


Oil prices jumped more than $3 at their highs, but pared some gains
after the dollar rebounded. [USD/]
Brent <LCOc1> settled up $2.71, or 4.8 percent, at $59.19 a barrel.

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U.S. crude <CLc1> finished up $2.22, or 4.5 percent, at $51.43. On


Wednesday, prices had gone up 3 percent on a weak dollar.
Still, worries about swollen supplies have kept oil prices down about
50 percent from last summer's highs above $100 a barrel.
A Saudi military spokesman said there were no immediate plans to
launch ground operations in Yemen. Still, the kingdom strengthened
security at borders and around oil and industrial facilities.
Arab producers must ship crude past the Yemen coastline via the Gulf
of Aden to get to the Suez Canal, a key passageway to Europe.
The waters between Yemen and Djibouti, known as Bab el-Mandeb,
are less than 40 kilometers (25 miles) wide, and considered by the
U.S. Energy Information Administration to be a "chokepoint" for global
oil supplies.
The EIA estimated 3.8 million barrels per day passed through Bab elMandeb in 2013. Egypt sent naval vessels to help secure the
passage.
Iran denounced the Saudi air strikes. Russian President Vladimir
Putin, in a phone conversation with his Iranian counterpart, called for
an "immediate ceasefire." Pakistan, a Riyadh ally far from the conflict,
promised a "strong response" to any threat to Saudi integrity.
U.S. Secretary of State John Kerry touched on the conflict with Iran's
foreign minister before talks on Tehran's nuclear program.
Barclays analyst Michael Cohen said the Saudi action could
exacerbate tensions in Libya, Syria and Iraq.
"What's going on right now is a trend in the region," he said.

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2/4

3/26/2015

Oil Jumps After Saudi Air Strikes in Yemen | Fox Business

(By Barani Krishnan; Additional reporting by Jessica Resnick-Ault in


New York; Himanshu Ojha, David Sheppard in London; Aaron
Sheldrick, Osamu Tsukimori in Tokyo; Meeyoung Cho in Seoul;
Henning Gloystein and Florence Tan in Singapore; Editing by
Marguerita Choy, Tom Brown and David Gregorio)

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4/4

3/30/2015

Sensex closes 522 points up - The Hindu

Business Markets
Published: March 30, 2015 16:23 IST | Updated: March 30, 2015 17:11 IST

Sensex closes 522 points up


IANS

A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), provisionally closed on Monday
with healthy gains ending 522 points or 1.90 per cent up.
The wider 50-scrip Nifty of the National Stock Exchange (NSE) also gained substantially during the days trade. It
provisionally closed 161.55 points or 1.94 per cent up at 8,502.95 points (provisional figures, subject to change).
The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 27,655.79 points, closed at 27,980.92 points
(at 3.30 p.m.), up 522.28 points or 1.90 per cent from the previous days close at 27,458.64 points.
The Sensex touched a high of 27,990.90 points and a low of 27,624.76 points in the days trade.
Keywords: Sensex, Nifty, BSE, NSE, markets, stock markets
Printable version | Mar 30, 2015 6:19:32 PM |
http://www.thehindu.com/business/markets/sensex-closes-522-points-up/article7049001.ece

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3/30/2015

Dow advances most in eight weeks amid corporate mergers - Chicago Tribune

Dow advances most in eight weeks amid corporate mergers


By Oliv er Renick, Bloom berg News
Bloomberg
MA RCH 30, 2015, 7:20 PM

EW Y ORK The Dow Jones industrial av erage posted its biggest adv ance in eight weeks as equities
ex tended quarterly gains amid corporate mergers and optimism central banks will support global

growth.
Chev ron, Ex x onMobil, and JPMorgan Chase added more than 2.3 percent as oil companies and banks
rallied. Catamaran jumped 24 percent after UnitedHealth Group agreed to buy it. Horizon Pharma rose 1 8
percent after say ing it will acquire Hy perion Therapeutics. A Standard & Poor's index of homebuilders
climbed after pending home sales in February rose more than forecast.
The Dow climbed 263.65 points, or 1 .5 percent, to 1 7 ,97 6.31 at 4 p.m. in New Y ork, its best gain since
Feb. 3. The S&P 500 index adv anced 1 .2 percent to 2,086.24, headed for its longest streak of quarterly
increases since 1 998. With a 0.2 percent increase on Friday , the index completed its first back-to-back
gain after 28 day s, the longest drought since 1 994. The Nasdaq composite index rose 1 .2 percent.
"There was the China central bank comment about stimulus ov ernight, the economic news this morning
was a little bit mix ed, and it seems people are putting cash to work thinking may be earnings are going to
come in better than ex pected," Larry Peruzzi, the Boston-based director of international trading at
Cabrera Capital Markets, said by phone. "The biggest thing in today 's market is there's no huge negativ e."
Federal Reserv e Chair Janet Y ellen said on Friday that the central bank will probably raise rates this y ear,
with subsequent increases taking place gradually , without following a predictable path. China's central
bank chief said the gov ernment can do more to support growth in the world's second-largest economy .
First-quarter profits for S&P 500 companies are forecast to decline for the first time since 2009.
Companies will see a contraction of 5.8 percent for the three-month period, according to economist
estimates compiled by Bloomberg. Earnings growth forecasts for the quarter were positiv e as recently as
January , the data show.
Consumer purchases rose less than projected in February , indicating the biggest part of the U.S. economy
will find it hard to sustain momentum after the best quarter since 2006. Adjusted for inflation, spending
declined for the first time in almost a y ear. Incomes climbed 0.4 percent in February for a second month,
propelled by a jump in div idends.
A separate report showed more Americans than forecast signed contracts to purchase prev iously owned
homes in February , indicating a pickup in the housing market ahead of the spring selling season. The
index of pending sales increased to the highest since June 201 3. An S&P gauge of homebuilder stocks
added 1 .5 percent to its highest since June 2007 .
The U.S. economy grew at a slower pace in the fourth quarter than economists had estimated, a
Commerce Department update showed on Friday .
http://www.chicagotribune.com/news/sns-wp-blm-news-bc-markets30-20150330-story.html

1/3

3/30/2015

Dow advances most in eight weeks amid corporate mergers - Chicago Tribune

Other reports this week may show the Institute for Supply Management's manufacturing gauge slipped in
March, while pay rolls rose at a slower pace.
All ten primary groups in the S&P 500 adv anced on Monday , after the benchmark last week fell the most
since January , ex tending a monthly loss. About 5.8 billion shares traded hands on U.S. ex changes, about
1 4 percent below the three-month av erage.
Energy and financial companies paced today 's rally , rising at least 1 .4 percent. Newfield Ex ploration,
Ex x onMobil and Phillips 66 gained at least 2.4 percent. JPMorgan Chase and Trav elers climbed at least
2.3 percent to bolster the financial group.
The Chicago Board Options Ex change v olatility index fell 3.7 percent to 1 4.51 . The gauge, know as the
V IX, jumped 1 6 percent last week, the most since January .
Catamaran jumped 24 percent after UnitedHealth's OptumRx agreed to buy the prov ider of pharmacy
benefit management serv ices for about $1 2.8 billion. PBM competitor Ex press Scripts Holding added 3.7
percent, the most in more than three months. UnitedHealth adv anced 2.5 percent to a record.
Horizon Pharma climbed 1 8 percent to an all-time high after agreeing to buy Hy perion Therapeutics for
$1 .1 billion to gain drugs to treat rare metabolic diseases. Hy perion added 7 .6 percent.
Tev a Pharmaceutical increased 0.9 percent after agreeing to buy Auspex Pharmaceuticals for about $3.5
billion in cash to gain drugs that curb tics and other mov ement disorders. Tev a will begin a tender offer of
$1 01 a share for Auspex , which rallied 42 percent.
DreamWorks Animation rose 6.6 percent to its highest since Nov ember after its "Home" film deliv ered
$54 million in opening-weekend ticket sales, beating projections.
Analog Dev ices jumped 1 0 percent, the most since May 2009, after analy sts at Barclay s upgraded the
stock to ov erweight from equalweight and set a target price of $7 0, 1 0 percent abov e where shares now
trade.
Altera lost 3.5 percent after soaring 28 percent Friday following a report that Intel was in talks to buy the
company . Morgan Stanley analy st Joseph Moore downgraded Altera to equalweight from ov erweight,
while Macquarie Research analy st Deepon Nag cut shares to neutral from outperform. Intel slipped 1 .7
percent, one of two Dow components that fell.
--With assistance from Iny oung Hwang in London.
Copyright 2015, Chicago Tribune

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3/30/2015

Dow advances most in eight weeks amid corporate mergers - Chicago Tribune

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3/30/2015

Wall Street Carries Upward Momentum into the Close | Fox Business

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for Second-Straight

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70

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Also boosting investors' risk appetite, Chinese stocks surged to


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and off for a very long time."


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3/30/2015

Wall Street Carries Upward Momentum into the Close | Fox Business

On the deal front, OptumRx Corp, a unit of UnitedHealth Group,


agreed to buy pharmacy benefit manager Catamaran Corp in a deal

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worth $12.78 billion. Shares of UnitedHealth, a Dow component, rose


2.5 percent to $121 while U.S. shares of Catamaran added 23.8
percent to $59.83.
The Dow Jones industrial average rose 263.65 points, or 1.49
percent, to 17,976.31, the S&P 500 gained 25.22 points, or 1.22
percent, to 2,086.24 and the Nasdaq Composite added 56.22 points,

Morning Business Outlook: 3/30/15

or 1.15 percent, to 4,947.44.


Major indexes each lost more than 2 percent last week.

Platform Specialty to Acquire Arysta in $3.5B


Deal
Mid-Market Pulse Sees Strong Outlook for
Health Care

Uncertainty about Friday's jobs report and upcoming earnings, which


start in earnest in mid-April, could create volatility this week, with the
stock market closed for Good Friday.
The Nasdaq Biotech index rose 1.1 percent but remains roughly 5
percent below a record high from earlier this month. The group has
recently been under pressure, with the index down 5.2 percent last
week in its biggest weekly decline in a year.
Teva Pharmaceutical said it would buy Auspex Pharmaceuticals Inc
for $3.5 billion. Ireland's Horizon Pharma Plc said it would acquire
Hyperion Therapeutics Inc in an all-cash deal worth about $1.1 billion.
U.S. shares of Teva were up 0.9 percent at $62.52 while Auspex
added 41.5 percent to $100.36. Horizon rose 18.2 percent to $25.78
on the Nasdaq while Hyperion rose 7.6 percent to $45.98.
Separately, Fujifilm Holdings Corp agreed to acquire U.S.
biotechnology firm Cellular Dynamics International Inc for $307 million.
Cellular shares more than doubled in heavy trading.
About 5.8 billion shares changed hands on U.S. exchanges, below the
6.7 billion daily average this month, according to BATS Global
Markets.
Advancing issues outnumbered declining ones on the NYSE by 2,271
to 806, for a 2.82-to-1 ratio; on the Nasdaq, 1,856 issues rose and
881 fell, for a 2.11-to-1 ratio.
The S&P 500 posted 26 new 52-week highs and 1 new low; the
Nasdaq Composite recorded 110 new highs and 44 new lows.
(Editing by Chizu Nomiyama and Nick Zieminski)
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3/31/2015

Sensex regains 28K-level; Nifty above 8,500 in early trade - The Hindu

Business Markets
Published: March 31, 2015 11:03 IST | Updated: March 31, 2015 11:03 IST

Sensex regains 28K-level; Nifty above 8,500 in early trade


PTI

The benchmark BSE Sensex regained the 28,000-mark by surging over 106 points in early trade of the last session of
financial year 2014-15 on the back of a rally in metals, oil & gas, consumer durables, IT and healthcare sector stocks
amid a firming trend overseas.
Besides, the 50-share NSE Nifty also reclaimed the 8,500-level by surging 35.60 points, or 0.41 per cent, at 8,527.90.
The 30-share Sensex rose by 106.25 points, or 0.37 per cent, to trade at 28,082.11. The gauge had surged by 518.28
points in the past two sessions.
Brokers said sustained buying by foreign funds and retail investors, triggered by a firming trends at other Asian
markets after Chinas decision to ease mortgage rules fuelled hopes for further stimulus measures, and overnight rally
in US markets helped the key indices to regained their crucial levels.
Besides, the RBI allowing banks to utilise up to 50 per cent of their provisioning buffer towards making specific
provisions for bad loans or non-performing assets, as against the earlier 33 per cent, influenced sentiments, they
added.
Among other Asian markets, Hong Kongs Hang Seng rose by 0.53 per cent while Japans Nikkei gained 0.65 per cent
in early trade on Tuesday.
The US Dow Jones Industrial Average ended 1.49 per cent higher in Mondays trade.
Keywords: Sensex, sensex early trade, NSE, BSE
Printable version | Apr 1, 2015 5:14:29 AM | http://www.thehindu.com/business/markets/sensex-regains-28klevelnifty-above-8500-in-early-trade/article7052413.ece
The Hindu

http://www.thehindu.com/business/markets/sensex-regains-28klevel-nifty-above-8500-in-early-trade/article7052413.ece?css=print

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4/1/2015

Sensex starts new financial year on high note, ends over 300 pts up

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Sensex starts new financial year on high


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Indian stocks have started off the financial year 2015-16 on a buoyant note, with
investors indulging in some hectic buying at several counters on Wednesday.
The start was sluggish and movements till about mid afternoon remained choppy with
the data on core sector growth weighing on sentiment, but the final hour saw some
heavy buying that eventually lifted the Sensex and the Nifty to an upbeat close.

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While the Sensex ended up 302.65 points or 1.08% at 28,260.14, the Nifty closed at
8586.25, gaining 95.25 points or 1.12%.

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According to the data released by the government on Tuesday, growth in India's core
sector slumped to a 16-month low in February due to output decline in five sectors

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including crude oil and natural gas. The eight core industries carrying nearly 38%

Sensex

weight in the Index of Industrial Production recorded 1.4% growth in February 2015

1 comment 6 hours ago

over February 2014. Its cumulative growth during April to February, 2014-15 was
3.8%.
Bank stocks rallied sharply, contributing substantially to market's gains. The BSE
Bankex jumped 2.37%. Mirroring hectic buying in the pharma space, the BSE

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Healthcare index moved up 2.31%.


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FMCG, realty and automobile stocks were the other prominent gainers. Capital goods
and metal stocks advanced as well. Power and consumer durables stocks ended on a

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mixed note, while information technology stocks closed weak. Midcap and smallcap

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stocks had a pretty good outing. The BSE Midcap index ended nearly 1.5% up, while

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4/1/2015

Sensex starts new financial year on high note, ends over 300 pts up
the Smallcap barometer closed higher by 2.35%.

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Among the stocks in the Bankex, State Bank of India and ICICI Bank moved up nearly
2.5%, Axis Bank gained 1.7% and HDFC Bank ended higher by about 1.1%.
Bank of India and Punjab National Bank gained over 5%. IndusInd Bank moved up
nearly 5%. Yes Bank, Kotak Bank, Bank of Baroda and Canara Bank advanced 3% 4%, while Federal Bank ended 1.1% up.
Among other stocks in the banking space, Union Bank of India, Oriental Bank of
Commerce, IDBI Bank, Andhra Bank, Syndicate Bank, Allahabad Bank and Indian
Overseas Bank ended with impressive gains.
Sun Pharmaceutical Industries (5.5%) and Ranbaxy Laboratories (5.7%) moved up
ahead of the record date set for the merger. For Ranbaxy Laboratories, it was the
last trading session, as the stock will be delisted from the exchanges. Sun Pharma will
turn ex-scheme of amalgamation on the exchanges on Monday. The record date for
the merger has been fixed as April 7, 2015.
Torrent Pharma, Strides Arcolab, Cadila Healthcare, Aurobindo Pharma, Apollo
Hospitals Enterprises, Lupin, Piramal Enterprises and IPCA Laboratories gained 1% 3.2%. Divi's Laboratories ended 0.7% up.
IDFC, Tata Motors, Idea Cellular, Hindalco, Ambuja Cements and Grasim Industries
gained 2.2% - 3.5%. Bharti Airtel, Tata Steel, HDFC, ITC, ACC, Reliance Industries,
Asian Paints, Mahindra & Mahindra, Larsen & Toubro and Power Grid Corporation
ended up 1% - 2%.
Tata Power, Hindustan Unilever, Tech Mahindra and Hero Motocorp closed higher by
0.5% - 1%.
Maruti Suzuki ended lower by 1.6% after the company reported a drop of 1.6% in
total sales in the month of March 2015, compared to the same month last year.
Eicher Motors edged higher after reporting a marginal rise in commercial vehicles
sales.
Kalpataru Power Transmission, eClerx Services, Pipavav Defence and Century
Textiles rose sharply on stock specific news.
The market breadth was quite strong. Out of 2800 stocks traded on BSE, as many as
2009 stocks moved up. 695 stocks declined and 96 stocks ended flat.
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2/3

4/1/2015

Sensex surges 303 points; bank shares rally ahead of RBI policy review next week | Business Line

Sensex surges 303 points; bank shares rally ahead of RBI policy review next week
Our Bureau/Agencies

Mumbai, April 1:
Indian shares surged over one per cent, posting their first weekly gain in four and the biggest since January 23 week,
as banks rallied ahead of the central bank's policy review next week.
Sentiment was also bolstered by firm European markets on the back of data showing manufacturing activity across
the euro zone accelerated faster than previously thought.
The 30-share BSE index surged 302.65 points or 1.08 per cent at 28,260.14 and the 50-share NSE index Nifty jumped
95.25 points or 1.12 per cent at 8,586.25.
Sectoral indices
Among BSE sectoral indices, banking index was the star-performer and was up 2.37 per cent, followed by healthcare
2.31 per cent, realty 1.62 per cent and infrastructure 1.59 per cent, while IT index was down 1.11 per cent and TECk
0.5 per cent.
Banking stocks rose with the Bank Nifty Index adding 2.3 per cent ahead of the Reserve Bank of India's policy review
on April 7. The central bank is expected to keep interest rates on hold although the markets are bracing for a potential
surprise rate cut.
Gainers, losers
Sun Pharmaceutical surged 5.6 per cent, while Ranbaxy Laboratories rose 5.6 per cent ahead of a planned merger.
Trading in Ranbaxy shares will be suspended from Monday ahead of its merger with Sun Pharmaceutical.
Top five BSE gainers were Sun Pharma 5.51%, Tata Motors 2.65%, SBIN 2.42%, ICICI Bank 2.41% and Hindalco
2.32%, while the major losers were Infosys 2.00%, Maruti 1.53%, BHEL 1.34%, GAIL 1.09% and Cipla 0.25%.
Markets will remain closed on Thursday and Friday this week on account of Mahavir Jayanti and Good Friday,
respectively.
Global markets
European stock markets made a solid start to the second quarter on Wednesday as data pointing to a gradual
recovery in the euro zone economy gave investors fresh impetus after their blowout first few months of the year.
Europes benchmark FTSEurofirst 300 recovered from a early wobble to put Londons FTSE Germanys DAX and
Frances CAC up 0.5, 0.3 and 0.5 per cent, higher respectively as core bond markets yields nudged higher.
Asian stocks sagged on Wednesday, taking their lead from weaker US shares, while the dollar slid against the yen as
Tokyo's Nikkei recoiled in volatile trade.
South Korean and Australian shares both lost 0.6 per cent and Malaysian and Indonesian stocks were also lower.
MSCI's broadest index of Asia-Pacific shares outside Japan stood little changed, meandering in and out of the red.
Japan's Nikkei was down 0.9 per cent after losing as much as 1.4 per cent in volatile trade as investors sold recent
gainers to lock in profits on the first day of the Japanese financial year. A soft Bank of Japan business sentiment
survey also weighed on the Nikkei.
(This article was published on April 1, 2015)
Printable version | Apr 1, 2015 8:56:49 PM | http://www.thehindubusinessline.com/markets/sensex-live-update/article7056534.ece The Hindu Business
Line

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1/1

4/1/2015

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1/2

4/2/2015

Sensex up 100 points; healthcare stocks rise - The Hindu

Business Markets
Published: April 1, 2015 15:09 IST | Updated: April 2, 2015 00:23 IST

Sensex surges by 300 points


PTI

The Sensex touched a high of 28,111.14 points and a low of 27,889.02 points in the intra-day trade so far. File photo

PTI

Logging its first weekly rise in three weeks, the benchmark BSE Sensex on Wednesday started the new fiscal on a
promising note by surging over 300 points to settle the day at 28260.14 on selective buying by funds, mainly in
banking and healthcare stocks.
Markets closed the truncated week with a near 3 per cent gain, led by banking stocks, which outperformed the rest,
said Dipen Shah, Head of Private Client Group Research, Kotak Securities.
The Sensex resumed slightly lower at 27954.86 and dropped further to 27889.02 on initial selling.
The index later surged to 28298.34 on fag-end buying before ending the day at 28260.14, showing a sharp gain of
302.65 points or 1.08 per cent from its previous close.
Tracking weak core sector data, sentiments were subdued initially, however, possibility of government meeting its
fiscal deficit target for 2014-15, capped the downside in the index till later half, said Jayant Manglik, President,
Retail Distribution, Religare Securities.
The 50-share NSE Nifty also rose by 95.25 points or 1.12 per cent, to 8586.25 after hitting todays high of 8,603.40.
Small-cap and mid-cap indices again outperformed the broader market with gains of 2.35 per cent and 1.49 per cent,
respectively.
Cut in petrol and diesel prices also boosted the market sentiment.
Sun Pharma emerged as the top Sensex gainer by surging 5.51 per cent ahead of Ranbaxys amalgamation with the
company.
Other gainers on the BSE include, Tata Motors, SBI, ICICI Bank, Hindalco, Tata Steel, ITC and Bharti Airtel.
Seven out of 30 stocks on the BSE Sensex ended in the red with Infosys and Maruti dropping 2 per cent and 1.53 per
cent, respectively.
http://www.thehindu.com/business/markets/sensex-up-100-points-healthcare-stocks-rise/article7057398.ece?css=print

1/2

4/2/2015

Wall Street Climbs as Jobs Report Looms | Fox Business


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Wall Street Climbs as Jobs Report Looms | Fox Business

The Dow Jones industrial average <.DJI> rose 65.06 points, or 0.37
percent, to 17,763.24, the S&P 500 <.SPX> gained 7.27 points, or
0.35 percent, to 2,066.96, and the Nasdaq Composite <.IXIC> added
6.71 points, or 0.14 percent, to 4,886.94.
Micron Technology <MU.O> shares lost 1.5 percent to $26.72, a day
after the company forecast lower revenue for the current quarter.
Shares of Motorola Solutions Inc <MSI.N> fell 6.2 percent to $62.51. A
Bloomberg report, citing people with knowledge of the matter, said
the company has failed to find a buyer after seeking to raise interest
from private equity funds and large industrial companies.
The S&P energy index <.SPNY> ended up 0.2 percent despite lower
crude prices. Oil fell after a preliminary pact between Iran and global
powers on Tehran's nuclear program, although officials set further
talks in June and analysts questioned when the OPEC member will be
allowed to export more crude.
The release of the U.S. monthly jobs report has coincided with Good
Friday only four times since 1999, according to data from Bespoke,
most recently in 2012. Analysts expect 245,000 jobs added in the
month, down from 295,000 in February.
Advancing issues outnumbered declining ones on Thursday on the
NYSE by 1,923 to 1,101; on the Nasdaq, 1,643 issues rose and
1,092 fell.
The S&P 500 posted 19 new 52-week highs and three new lows; the
Nasdaq Composite recorded 104 new highs and 35 new lows.
About 5.9 billion shares changed hands on U.S. exchanges, below the
6.4 billion daily average for the last five trading sessions, according to
BATS Global Markets.
(By Caroline Valetkevitch; Editing by Bernadette Baum and Leslie
Adler)

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Light, sweet oil for May delivery was up $1.07, or 2.2%, at $50.21 a

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barrel on the New York Mercantile Exchange. Brent, the global

Supreme Court

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benchmark, traded up $1.16, or 2.1%, at $56.11 a barrel on ICE


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Futures Europe.

May Face Winless


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The dollar has slipped since Friday's weaker-than-expected U.S. jobs


data as investors delayed expectations of an increase in the U.S.
Federal Reserve's key interest rate. The retreat is undoing a dollar

Developers expect

rally that has weighed on commodities prices in recent weeks. Oil is

to break ground on

one of many commodities traded in dollars, making it cheaper for

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Oil Jumps After Saudi Arabia's Asia Price Hike | Fox Business

Bulls are thinking that the dollar's depreciation could boost

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international oil demand and falling production could erase today's

Morning Biz Outlook

oversupply, Mr. Ritterbusch said. That makes oil an enticing way for
some investors to diversify their investments for a shifting economy,
he added.
"Oil is still going to be valued as an asset class," Mr. Ritterbusch said.
Gains are also coming as a rebuke against the snap judgments of last

Morning Business Outlook: 4/2/15

week's progress toward an Iranian nuclear deal. Several analysts


have said that any deal isn't likely to send Iranian oil flooding into
markets for months at best, allaying fears that a deal could quickly
send more oil into an oversupplied market.

Platform Specialty to Acquire Arysta in $3.5B


Deal
Mid-Market Pulse Sees Strong Outlook for
Health Care

Morgan Stanley, Barclays, and Tudor, Pickering, Holt & Co. have
joined Credit Suisse and FBR Capital Markets in saying that late
2015 or 2016 are more likely target dates for Iranian oil exports.
About 200,000-300,000 barrels a day could slip into the markets in
the near term, but a one-million-barrel increase is at least a year
away, Barclays analyst Michael Cohen said.
Saudi Arabia also raised its official crude oil selling price for Asian
buyers for May, lifting it on the back of strong refining margins in the
region and a strong Dubai crude price benchmark, Singapore-based
traders said.
While state-run Saudi Aramco Oil Co. raised price differentials for all
its crude grades sold to Asia, it lowered most prices for the U.S.,
reflecting weaker Nymex crude prices and an oversupply in the U.S.
market.
Trading volumes are likely to remain thin with some international
markets still shut for Easter and other public holidays.
Nymex reformulated gasoline blendstock for May--the benchmark
gasoline contract--recently rose 3.83 cents, or 2.2%, to $1.7996 a
gallon. May diesel recently rose 3.38 cents, or 2%, to $1.7163 a
gallon.
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Sensex rises 244 points ahead of RBI meet - The Hindu

BUSINESS

Published: April 6, 2015 17:12 IST | Updated: April 6, 2015 17:12 IST Mumbai, April 6, 2015

Sensex rises 244 points ahead of RBI meet


PTI
The benchmark BSE Sensex on Monday rose by over 244 points to settle the day at 28,504.46, ahead of the RBIs monetary policy review on
Tuesday, mainly driven by strong rally in healthcare and realty stocks.
Brokers said sustained buying by participants to enlarge their portfolios ahead of the RBIs bi-monthly policy and appreciating rupee against
the dollar buoyed the sentiment. The 30-share BSE barometer commenced on a firm note but succumbed to profit-booking and slipped to
intra-days low of 28,221.99. However, sustained buying in healthcare, realty and FMCG stocks helped Sensex to end the day at over two
week high of 28,504.46, a rise of 0.86 per cent or 244.32 points.
The Sensex had closed at 28,622.12 on March 18. The 50-share NSE Nifty regained the crucial 8,600-mark and settled higher by 73.65 points
or 0.86 per cent at 8,659.90. On Sensex, Sun Pharma stocks zoomed 8.34 per cent to close at a lifetime high of Rs. 1,168.50. Whereas, Cipla
rose by 3.59 per cent, while Dr. Reddys gained 4.33 per cent.
Meanwhile, manufacturing sector activity in March rose amid stronger increase in new orders that led firms to boost production. However,
banking stocks came under selling pressure ahead of the RBI policy, with ICICI Bank, HDFC Bank, Punjab National Bank, Bank of India among
the major losers.
Sectorwise, the BSE Realty sector index gained the most by rising 6.43 per cent, followed by Healthcare (4.84 per cent), FMCG (2.35 per
cent), Consumer Durables (2.06 per cent) and Capital Goods (1.40 per cent).
Smallcap index on the BSE Sensex ended 1.37 per cent higher, while midcap index gained 1.11 per cent.
Absence of cues from global markets which were closed for the Easter holiday also influenced the sentiments, traders said. Meanwhile,
provisional data showed that Foreign Portfolio Investors (FPIs) bought shares worth net Rs. 209.87 crore, while Domestic Institutional
Investors (DIIs) bought shares worth net Rs. 197.25 crore last Wednesday.
Printable version | Apr 6, 2015 11:17:32 PM | http://www.thehindu.com/business/sensex-rises-244-points-ahead-of-rbimeet/article7073891.ece
The Hindu

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1/1

4/6/2015

Oil hits best level in a month as fear of Iranian oil flood fade - MarketWatch

Oil hits best level in a month as fear of


Iranian oil flood fade
By William Watts and Eric Yep
Published: Apr 6, 2015 1:26 p.m. ET

Saudi Arabia boosts prices for Asian buyers

Reuters
Iranian Foreign Minister Javad Zarif.

NEW YORK (MarketWatch)Crude-oil futures rebounded sharply on Monday, pushing the U.S. benchmark back
to its highest level in a month on expectations a preliminary agreement to curb Irans nuclear program wont see
the oil exporter immediately swamp an oversupplied market with more crude.
On the New York Mercantile Exchange, West Texas Intermediate crude for delivery in May CLK5, +5.94% traded at
$51.65 a barrel, up $2.71, or 5.5%. May Brent crude LCOK5, +5.55% on Londons ICE Futures exchange rose
$3.01, or 5.5%, to $57.96 barrel.
Also boosting crude, Saudi Arabia over the weekend raised its official crude oil selling price for Asian buyers for
May lifting on the back of strong refining margins in the region and a strong Dubai crude price benchmark,
Singapore-based traders said.
The increase was only 30 cents a barrel, but it is worth noting this is the second consecutive month the Saudis
have raised prices, wrote Bob Shiring, analyst at Tradition Energy, in a note.
The dollar, meanwhile, had weakened after Fridays weaker-than-expected U.S. jobs data as investors delayed
expectations of an increase in the U.S. Federal Reserves key interest rate. A stronger dollar on the back of higher
rate expectations has weighed on commodities prices in recent weeks.
http://www.marketwatch.com/story/oil-rebounds-as-iran-exports-seen-taking-months-to-ramp-up-2015-04-06/print

1/3

4/6/2015

Oil hits best level in a month as fear of Iranian oil flood fade - MarketWatch

Read: The U.S. oil boom is moving to a level not seen in 45 years
Oil markets were closed on Friday, but oil prices had fallen sharply in electronic trade after reports of a framework
Iranian nuclear deal raised concerns of more Iranian crude supply.
However, futures have since recovered with analysts largely estimating that Iranian crude exports could take
several months to ramp up significantly.
Even if a final deal is reached, we do not expect any physical market impact before 2016, Adam Longson, head
of oil research at Morgan Stanley, said in a report.

Iran's path to a Nukeand the deal designed to stop it


(2:56)
Iran and six world powers have agreed on parameters of a deal meant to block Tehran from developing nuclear

weapons. Why is breakout time so significant and how is it calculated? WSJs Jason Bellini has
#TheShortAnswer.
He said if sanctions are lifted, Irans oil exports may increase by only 500,000-700,000 barrels a day given the
underinvestment in Irans oil sector, while around 30-million barrels of floating storage could also come to market.
Barclays analyst Michael Cohen said Iranian oil sales will likely increase before June 30 but not on a large scale.
A return of one million barrels a day of Iranian oil exports is at least a year away, but 200,000-300,000 barrels a
day of slippage is possible now that the parameters of an agreement are in place, he said.
While state-run Saudi Aramco Oil Co. raised price differentials for all its crude grades sold to Asia, it lowered most
prices for the U.S., reflecting weaker Nymex crude prices and an oversupply in the U.S. market.
Meanwhile, the U.S. oil-rig count fell by 11 to 802 for the 17th consecutive week, according to Baker Hughes data.
Trading volumes are likely to remain thin with some markets still shut for Easter and other public holidays.
Meanwhile, Nymex reformulated gasoline blendstock for May RBK5, +4.50% the benchmark gasoline contract
rose 8. 27 cents, or 4.7%, to $1.844 a gallon. May natural gas futures NGK15, -2.51% fell 6.8 cents, or 2.5%, to
$2.645 per million British thermal units.
More from MarketWatch

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The Dow Jones industrial average rose 119.22 points, or 0.67

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percent, to 17,882.46, the S&P 500 gained 13.81 points, or 0.67

percent, to 2,080.77 and the Nasdaq Composite added 30.38 points,


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or 0.62 percent, to 4,917.32.

tearing out my lawn

Labor Department data showed U.S. employers last month added


126,000 jobs, the lowest in more than a year and well below
expectations.

Mattel Upgraded To
Buy From Neutral At
B. Riley

On Monday, New York Fed President William Dudley said the central
bank will need to determine whether that jobs report foreshadows a
more substantial slowing in the labor market, adding he expects the

5 Things That Can

path of rate hikes to be "relatively shallow."

Increase the Cost of


Car Insurance by as

"Thats why they took it as dovish," said Jim Paulsen, chief investment

Much as 93%

officer at Wells Capital Management in Minneapolis, of the market


reaction to Dudley's words. "Traders are taking advantage of
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Stocks Close Higher After Focus Returns to Rate Hike Timing | Fox Business

In other economic news, ISM data showed the pace of growth in the

Recommended by

U.S. services sector fell in March to its lowest level in three months,

Morning Biz Outlook

while a measure from Markit showed the sector expanded in March at


its fastest pace since August.
Investors are concerned that a recent spate of soft economic data,
including jobs, factory activity and consumer spending, may point to
more than a weather-related slowdown and could indicate a loss of
momentum in the U.S. economy.
Still, the lackluster data also eased some concerns over the U.S.
dollar continuing to strengthen and pressure the earnings of
companies with international exposure.

Morning Business Outlook: 4/2/15


Platform Specialty to Acquire Arysta in $3.5B
Deal
Mid-Market Pulse Sees Strong Outlook for
Health Care

At noon on Wall Street (1600 GMT), the Dow Jones industrial average
<.DJI> rose 126.56 points, or 0.71 percent, to 17,889.8, the S&P 500
<.SPX> gained 14.98 points, or 0.72 percent, to 2,081.94 and the
Nasdaq Composite <.IXIC> added 27.58 points, or 0.56 percent, to
4,914.52.
Utilities <.SPLRCU>, preferred by safety-seeking investors when
Treasury yields fall, were the best performer of the 10 S&P 500
sectors. Energy <.SPNY> followed, helped by a more than 5 percent
jump in oil futures after Saudi Arabia raised its price for sales to Asia
and estimates for crude buildups fell.
U.S.-listed shares of Amsterdam-based Uniqure <QURE.O> jumped
46.6 percent to $33.51 after a deal with Bristol-Myers Squibb to
develop gene therapies for cardiovascular diseases.
Tesla Motors <TSLA.O> added 7.5 percent to $205.36 after it
reported a 55 percent increase in deliveries in the first quarter.
Advancing issues outnumbered declining ones on the NYSE by 2,256
to 727, for a 3.10-to-1 ratio; on the Nasdaq, 1,459 issues rose and
1,146 fell for a 1.27-to-1 ratio.
The benchmark S&P 500 index was posting 20 new 52-week highs
and 3 new lows; the Nasdaq Composite was recording 51 new highs
and 21 new lows.
(Editing by Bernadette Baum)
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Brent crude tumbled nearly 4 percent on Thursday after Iran and six

Supreme Court

world powers announced a framework agreement on the OPEC


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Why US job growth

member's nuclear program. But initial expectations of a quick

isn't boosting the

recovery in oil exports were tempered by views that it could longer

economy and cheap

than expected to roll back sanctions.

gas isn't powering


spending

"People betting on Iran's oil arriving tomorrow realize they may have

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to wait up to a year," said Phil Flynn, analyst at Price Futures Group in

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Oil extended gains after industry intelligence group Genscape
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4/6/2015

Oil Leaps on Slower U.S. Inventory Build, Iran | Fox Business

Brent May crude <LCOc1> was up $3.08, or 5.6 percent, to $58.03 a

Recommended by

barrel at 1:01 p.m. EDT (1701 GMT), having reached $58.20 intraday.

Morning Biz Outlook

U.S. May crude <CLc1> was up $2.78, or 5.7 percent, at $51.92 a


barrel, just below its $51.95 intraday peak.
A weaker dollar following Friday's disappointing U.S. jobs report for
March buoyed crude oil prices on Monday.

Morning Business Outlook: 4/2/15


Also supportive to the market was news that top exporter Saudi
Arabia raised the prices for all the crude oil grades it will sell to Asia
in May, raising prices a second straight month.

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Deal
Mid-Market Pulse Sees Strong Outlook for
Health Care

Concerns over conflict in Yemen supported prices, as fighting


between a Saudi-backed coalition and Shi'ite Houthi forces
continued.
Iran's foreign minister said on Saturday that U.N. sanctions would be
lifted immediately after a deal, but the United States released a fact
sheet on Thursday saying that sanctions would be lifted as Tehran
demonstrates compliance with any deal.
"Both sides will describe the deal differently," said Olivier Jakob of
Swiss-based consultancy Petromatrix.
Uncertainty remains about exactly when sanctions on Iran would be
lifted if a deal is reached in June.
"While clearly a bearish headline, a final deal and full lifting of
sanctions still faces a number of obstacles," Morgan Stanley analysts
said in a research note.
"Even if a final deal is reached, we do not expect any physical market
impact before 2016," the analysts said.
(Additional reporting by Catherine Ngai in New York, Himanshu Ojha
in London and Jacob Gronholt-Pedersen and Florence Tan in
Singapore; editing by Hugh Lawson and G Crosse)
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4/8/2015

Sensex up 211 pts; Coal India, RIL post strong gains

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Sify.com / Finance / Sensex / Sensex up 211 pts; Coal India, RIL post strong gains

Sensex up 211 pts; Coal India, RIL post


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positive territory this afternoon.

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The Sensex is now up 210.55 points or 0.74% at 28,727.14. The Nifty is up 58 points
or 0.7% at 8718.30.
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Coal India is up 5% on sustained buying at the counter on the back of reports that
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Punjab National Bank, Dr Reddy's Laboratories, Asian Paints, ITC, Ultra Tech
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and Tata Steel are up 1% - 2.3%.

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Realty stocks are up with strong gains following the Union Cabinet giving its nod to
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speedy adjudication of disputes and ensure orderly growth of the real estate sector.
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Sensex up 211 pts; Coal India, RIL post strong gains


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HDIL is up nearly 5%. Sobha Developers has moved up 4% and Unitech is higher by
about 3.5%. Indiabulls Real Estate, Delta Corp and Oberoi Realty are also notably
higher. DLF, Phoenix, Godrej Properties and Prestige Estates have come off their
highs.
Idea Cellular has declined 2.7% and Sesa Sterlite is down 2.2%. HDFC, Yes Bank,
ONGC, NTPC, Tata Power, Axis Bank, Kotak Bank, ICICI Bank, Cairn India, Ambuja
Cements, Bank of Baroda, ACC and Hero Motocorp are down 0.5% - 2%.
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4/8/2015

Sensex closes more than 190 points up - The Hindu

BUSINESS MARKETS

Published: April 8, 2015 17:03 IST | Updated: April 8, 2015 17:20 IST Mumbai, April 8, 2015

Sensex closes more than 190 points up


PTI

A file photo of the Bombay Stock Exchange. Photo: Paul Noronha


The 50-share NSE Nifty index recaptured the crucial 8,700-mark by rising 54.10 points.
Logging its fourth consecutive rise today, the benchmark BSE Sensex ended over 190 points higher at 28,707.75, mainly led by gains in
Reliance, Infosys and Coal India amid sustained foreign fund inflows.
Rate-sensitive banking, realty and capital goods shares were back in the action after some banks cut their lending rates, brokers said.
The 30-share BSE gauge opened on a strong footing and picked up momentum on sustained foreign capital inflows and touched a high of
28,763.06. It finally settled 191.16 points higher or 0.67 per cent at 28,707.75.
The bluechip gauge has now garnered 750.26 points in last four straight sessions and is at three-week high levels.
The 50-share NSE Nifty index recaptured the crucial 8,700-mark by rising 54.10 points or 0.62 per cent to close at 8,714.40.
As many as 21 of the 30 Sensex stocks closed with gains.
Among Sensex gainers, Coal India topped the list by climbing 5.73 per cent on reports that the government has lifted the cap on the
companys e-auction sales.
Reliance industries with the rise of 3.93 per cent, Bharti Airtel 3.63 per cent, Dr Reddys 2.10 per cent, GAIL 2.06 per cent and ITC 1.55 per
cent were among other gainers.
Sectorwise, IT index rose the most by gaining 1.98 per cent as Infosys and TCS ended higher ahead of their fourth quarter earnings, followed
by teck 1.74 per cent, metal (1.62 per cent), oil&gas (1.55 per cent), FMCG (1.46 per cent) and consumer durables (1.15 per cent) among
others.
However, bankex was the only sectoral index to fall on BSE today.
Globally, a higher closing at other Asian markets and a positive opening at the European markets too influenced trading sentiments here.
The BSE smallcap index edged up by 1.79 per cent while midcap index gained 0.65 per cent.
Foreigners bought shares worth Rs 143.98 crore and Domestic institutional investors sold shares worth Rs 326.06 crore yesterday, as per
provisional data.
Printable version | Apr 8, 2015 11:52:23 PM | http://www.thehindu.com/business/markets/sensex-closes-more-than-190-pointsup/article7081369.ece
The Hindu

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4/9/2015

Moodys upgrade lifts bank stocks; Sensex climbs up 177 points - The Hindu

BUSINESS

Published: April 9, 2015 16:57 IST | Updated: April 9, 2015 17:55 IST Mumbai, April 9, 2015

Moodys upgrade lifts bank stocks; Sensex climbs up 177 points


PTI

The Hindu
The 50-share NSE Nifty index spurted by 63.90 points, or 0.73 per cent, to close at 8,778.30.
The BSE banking index gained the most by rising 2.58 per cent.
The benchmark BSE Sensex extended its winning run to the fifth session today, rising over 177 points to end at nearly four-week high of
28,885.21, after Moodys upgraded Indias outlook to positive from stable
Lenders led the rise with Axis Bank, SBI, HDFC Bank, ICICI Bank rallying in the range of 1.65 per cent to 2.88 per cent.
In volatile movements, the 30-share gauge opened on a strong footing but succumbed to profit-booking and slipped into the negative zone to
touch a low of 28,622.44.
However, it staged a strong comeback following a flurry of buying in the later part of the session to close higher by 177.46 points or 0.62 per
cent higher at 28,885.21.
The Sensex has now garnered over 927.72 points in five sessions and is at nearly fourweek highs. The previous high was on March 12 when
it ended at 28,930.41.
The wide-based NSE Nifty index spurted by 63.90 points, or 0.73 per cent, to close at 8,778.30. During the session, it shuttled between
8,785.50 and 8,682.45.
Brokers said sentiments bolstered with banking stocks witnessing buying interest after Moodys raised Indias credit rating outlook to
positive and said an upgrade in its sovereign rating is also possible in the next 12-18 months.
The BSE banking index gained the most by rising 2.58 per cent.
In the banking space, prominent gainers were PNB at 6.03 per cent, IndusInd Bank 4.63 per cent, Kotak Bank (4.16 pc), Bank of India (3.15
pc), Axis Bank (2.88 pc), Yes Bank (2.67 pc), SBI (2.50 pc), Canara Bank (2.48 pc), Bank of Baroda (2.40 pc), HDFC Bank (1.68 pc) and ICICI
Bank (1.65 pc).
Out of 30-Sensex stocks, 18 ended with gains, while 12 others finished in the negative zone.
Among other sectoral indices, metal rose by 1.43 per cent, PSU index 0.89 per cent, IT index (0.50 per cent) and Power index (0.37 per cent),
among others.
In tandem with overall trends, smallcap index rose 0.71 per cent while BSE midcap index edged up by 0.25 per cent.
A firm trend among other Asian markets and higher opening across European markets also buoyed sentiments.
http://www.thehindu.com/business/sensex-climbs-up/article7085301.ece?css=print

1/2

4/10/2015

US stocks finish a second week higher; General Electric soars after announcing sale | Fox Business

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4/13/2015

IIP data lifts Sensex to 29,000-mark, Nifty above 8,800 - The Hindu

BUSINESS MARKETS

Published: April 13, 2015 18:01 IST | Updated: April 13, 2015 18:01 IST Mumbai, April 13, 2015

IIP data lifts Sensex to 29,000-mark, Nifty above 8,800


PTI

Todays closing of the both the indices is their highest since March 5.
The benchmark BSE Sensex today regained 29,000-level to settle at over one-month high of 29,044.44 by rising 165.06 points, whereas NSE
Nifty rose for the seventh straight session mainly on account of better-than-expected IIP data.
Countrys industrial production grew at a nine-month high of 5 per cent in February on improved mining and manufacturing activity, equity
brokers said.
Cautioned, however, prevailed ahead of consumer price index to be released after trading hours, which restricted the rise to some extent, they
added.
In volatile movements, the 30-share Sensex opened firm at 28,955.13 and quickly regained the 29,000-mark on sustained buying activity.
But, on emergence of profit-booking it slipped into negative zone to touch days low of 28,843.94.
However, it staged a strong comeback at the fag-end to hit the days high of 29,072.51, before settling 165.06 points or 0.57 per cent higher at
29,044.44.
The 50-share NSE Nifty ended above the 8,800-level by rising 53.65 points or 0.61 per cent to 8,834.00 after shuttling between 8,841.65 and
8,762.10 intra-day.
Todays closing of the both the indices is their highest since March 5.
Shares of L&T saw brisk buying and gained 2.30 per cent on the Sensex after it signed an agreement with Frances Areva for manufacturing of
nuclear plant equipment.
The rise in the 30-share index was supported by gains in Bharti Airtel that climbed 3.18 per cent, while BHEL surged 2.98 per cent. Sun
Pharma at 2.69 per cent and RIL 2.07 per cent were among other gainers.
Among 30-Sensex stocks, 16 ended higher while 14 closed in negative terrain.
The broader markets also rose as the BSE small-cap and mid-cap indices rose 0.81 per cent and 0.31 per cent, respectively.
http://www.thehindu.com/business/markets/iip-data-lifts-sensex-to-29000mark-nifty-above-8800/article7098830.ece?css=print

1/2

4/13/2015

IIP data lifts Sensex to 29,000-mark, Nifty above 8,800 - The Hindu

Meanwhile, Foreign Portfolio Investors bought shares worth Rs. 362.79 crore while Domestic Institutional Investors sold shares worth Rs.
135.18 crore on Friday, as per provisional data.
Globally, in Asian region, markets ended mixed while European stocks were little changed in their early trade.
Markets will remain closed tomorrow for Baba Saheb Ambedkar Jayanti.
Printable version | Apr 14, 2015 2:41:49 AM | http://www.thehindu.com/business/markets/iip-data-lifts-sensex-to-29000mark-niftyabove-8800/article7098830.ece
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4/14/2015

Dow, S&P 500 End Up with Energy; Nasdaq Dips | Fox Business

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Those lowered expectations mean that companies can now more

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easily impress investors, said Art Hogan, chief market strategist at

Morning Biz Outlook

Wunderlich Securities in New York.


"This may be one of most hated earnings seasons I remember,"
Hogan said. "Weve taken those three negative headwinds and
plowed them as far as we can into the worst-case scenario."
Shares of JPMorgan Chase & Co <JPM.N> rose 1.6 percent after the

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biggest U.S. bank by assets reported a better-than-expected quarterly


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percent, to end at 18,036.7. The S&P 500 <.SPX> gained 3.41


points, or 0.16 percent, to 2,095.84 and the Nasdaq Composite
<.IXIC> dropped 10.96 points, or 0.22 percent, to 4,977.29, with
Apple down 0.43 percent.
Chevron's <CVX.N> shares gained 2.2 percent and Exxon <XOM.N>
rose 1.5 percent.
Nokia Oyj is in talks to buy Alcatel-Lucent SA <ALUA.PA>, a deal that
would combine the telecommunications industry's two weakest
players.
U.S. shares of Nokia <NOK.N> fell 4.09 percent to $7.96 while Alcatel
<ALU.N> rose 13.33 percent to $4.93.
Companies expected to report this week include GE <GE.N>, Philip
Morris International Inc <PM.N> and Bank of America Corp <BAC.N>.
The dollar was down 0.7 percent against a basket of major
currencies, leaving it with a gain of nearly 10 percent so far in 2015. A
stronger dollar tends to hurt profits for U.S. multinationals.
Advancing issues outnumbered declining ones on the NYSE by 1,910
to 1,120, for a 1.71-to-1 ratio on the upside; on the Nasdaq, 1,426
issues fell, and 1,289 advanced for a 1.11-to-1 ratio favoring
decliners.
The benchmark S&P 500 posted 5 new 52-week highs and 1 new
low; the Nasdaq Composite was recording 74 new highs and 32 new
lows.
About 5.8 billion shares changed hands on U.S. exchanges, below the
6.1 billion daily average for the month to date, according to BATS
Global Markets.
(By Noel Randewich; Editing by Jeffrey Benkoe and Nick Zieminski)

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All 10 major S&P 500 sectors gained, with the energy index leading,

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than-expected build of U.S. crude stockpiles.


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Of the 36 companies in the S&P 500 that have reported so far, 81

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percent beat expectations, better than the 63 percent of companies

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exceeding expectations in a typical quarter.


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But just 47 percent of companies exceeded revenue expectations,


worse than 61 percent seen in a typical quarter. That suggests
companies are bolstering their bottom lines by cutting costs instead of
by expanding their businesses.

Morning Business Outlook: 4/15/15


U.S. shares also benefited after the European Central Bank said it
remained committed to its full asset-buying program to revive the euro
zone economy.

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The strong dollar hurts U.S. companies dependent on overseas sales,


while slumping oil prices erode the profits of energy companies.
But many industrial and transportation companies benefit from cheap
oil and its derivatives. Delta Air Lines posted first-quarter profit above
analysts' expectations and its stock rose 2.60 percent to end at
$44.20.
The Dow Jones industrial average rose 75.91 points, or 0.42 percent,
to close at 18,112.61. The S&P 500 gained 10.79 points, or 0.51
percent, to 2,106.63 and the Nasdaq Composite added 33.73 points,
or 0.68 percent, to end the day at 5,011.02.
Wednesday's gains bring the Nasdaq to within striking distance of its
record-high close of 5,048.62 points set in 2000 during the dot-com
boom.
Bank of America's shares ended down 1.14 percent at $15.64. Firstquarter profit at the No. 2 U.S. bank by assets narrowly beat analysts'
estimates.
After the bell, video streaming company Netflix posted quarterly
results that sent its shares 12 percent higher.
On Wednesday, advancing issues outnumbered declining ones on the
NYSE by 2,037 to 1,011, for a 2.01-to-1 ratio; on the Nasdaq, 1,821
issues rose and 928 fell for a 1.96-to-1 ratio.
The S&P 500 posted 18 new 52-week highs and 1 new low; the
Nasdaq Composite recorded 107 new highs and 18 new lows.
About 6.7 billion shares changed hands on U.S. exchanges, above
the 6 billion daily average for the month to date, according to BATS
Global Markets.
(Reporting by Noel Randewich; Editing by Chizu Nomiyama and Nick
Zieminski)
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(Reuters) - U.S. stocks rallied following several strong earnings reports on Wednesday, while
European shares hit a 14-year high after the European Central Bank affirmed its loose policy
stance.
Oil rose sharply after U.S. government data showed crude oil inventories rose less than
expected last week.

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are seen falling 2.6 percent, largely due to weak energy earnings, but the reduced
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Brent crude oil prices rose 3 percent to $60.20, while U.S. crude futures closed up 5.8 percent
at $56.39 a barrel. U.S. crude inventories rose only 1.3 million barrels to 483.69 million, the
smallest build since the week ending Jan. 2, according to the Energy Information

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Weak data out of China bolstered expectations of additional monetary stimulus that would
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Wall Street gains on earnings, oil surges | Reuters

The euro bounced around in a volatile session as traders weighed comments from ECB
President Mario Draghi after the bank said it expects to continue its asset-purchase program
of 60 billion euros a month. The ECB kept interest rates unchanged at record lows. After
earlier losses, the euro rebounded, rising to $1.0678 against the dollar, up 0.2 percent.
"Our focus will be on the full implementation of our monetary policy measures," Draghi said.
A German auction saw 10-year borrowing costs for the euro zone's biggest economy reach a
record low.
The Dow Jones industrial average rose 75.71 points, or 0.42 percent, to 18,112.41, the S&P
500 gained 10.75 points, or 0.51 percent, to 2,106.59 and the Nasdaq Composite added
33.73 points, or 0.68 percent, to 5,011.02.
Data earlier showed growth in China's economy slowed to a six-year low of 7 percent in the
first quarter, better than many feared after a woeful trade performance in March.
But both retail sales and industrial output missed forecasts, intensifying Beijing's struggle to
find the right policy mix to shore up activity.
The pan-European Eurofirst 300 index of leading shares rose 0.6 percent to 1,650.15, its
highest since late 2000. News that Finnish telecom equipment maker Nokia has agreed to
buy France's Alcatel-Lucent helped the push higher.
German 10-year borrowing costs, the benchmark for euro zone debt, fell close to zero as a
Bund auction showed there were enough private investors willing to compete with the ECB for
the top-rated, almost yield-free paper. The yield hit a low of 0.105 percent; the 10-year U.S.
yield was at 1.88 percent.
(Additional reporting by Emelia Sithole-Matarise and Marius Zaharia in London; Graphics by
Vincent Flasseur; Editing by Catherine Evans, James Dalgleish, Meredith Mazzilli and Chris
Reese)

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Other corporations reporting earnings this week include major

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technology names Facebook, Google, Qualcomm, Microsoft, and

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Amazon.com.
The outlook for technology companies' profits has brightened
Morgan Stanley 1Q
earnings beat expectations

modestly following reports from Intel and Netflix last week and Check
Point Software's report on Monday, which beat expectations. Its
shares jumped 5.05 percent.
"People are thinking we've had three major tech companies do well,

Halliburton 1Q earnings
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so maybe the others will do well also," said Donald Selkin, chief
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that when stocks rally ahead of an event, the bar gets set higher and it
sets things up for disappointments."
Nearly 76 percent of the S&P 500 components that have reported
earnings above analyst expectations, topping the 70 percent average
in the last four quarters. But just 47 percent beat on revenue,
compared to the 58 percent average.
The quarterly results of U.S. multinationals have been hurt by unusual
strength in the dollar, which was up 0.44 percent against a basket of
major currencies on Monday and has gained 8 percent so far in 2015.
Hasbro jumped 12.55 percent after the toymaker reported a surprise
increase in revenue. Royal Caribbean ended down 8 percent after it
reported a fall in revenue, saying a strong dollar hurt spending on its
cruise ships.
Despite lackluster U.S. economic data, a world grappling with slow
growth, and concern that Greece and Ukraine could default on their
debt, the U.S. stock market has been resilient - making it hard for
short sellers. Major indices are less than two percent below record
highs.
Advancing issues outnumbered declining ones on the NYSE by 2,134
to 881, for a 2.42-to-1 ratio on the upside; on the Nasdaq, 1,882
issues rose and 877 fell for a 2.15-to-1 ratio favoring advancers.
The benchmark S&P 500 posted 2 new 52-week highs and 1 new
low; the Nasdaq Composite recorded 37 new highs and 43 new lows.
About 5.5 billion shares changed hands on U.S. exchanges, below the
6.3 billion daily average for the month to date, according to BATS
Global Markets.
(By Noel Randewich; Additional reporting by Rodrigo Campos in New
York; Editing by Chizu Nomiyama and Nick Zieminski)

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4/22/2015

Sensex rebounds by 214 points - The Hindu

BUSINESS MARKETS

Published: April 22, 2015 17:12 IST | Updated: April 22, 2015 17:12 IST Mumbai, April 22, 2015

Sensex rebounds by 214 points


PTI
The benchmark BSE Sensex on Wednesday rebounded by over 214 points to 27,890.13 on value-buying in capital goods, pharma and banking
stocks as sentiment improved after Saudi Arabia ended its military campaign in Yemen.
The 30-share BSE barometer gained over 151 points on value-based buying in bluechip stocks. But on reports of subdued monsoon forecast,
the gauge slipped into the negative zone to touch the days low of 27,385.48.
A flurry of buying in the last one hour boosted the index to the days high of 27,947.26, before settling with a gain of 214.19 points or 0.77 per
cent at 27,890.13.
On similar lines, the 50-share NSE Nifty, recaptured the crucial 8,400 mark by gaining 51.95 points or 0.62 per cent, to close at 8,429.70.
Shares of Hindustan Unilever topped the Sensex gainers by surging 3.59 per cent.
Shares of Sun Pharma also made a comeback on Wednesday to close 1.63 per cent higher at Rs 967.15, a day after Japans Daiichi Sankyo sold
its entire in the company for Rs 20,025 crore.
Other gainers on the Sensex included, L&T 3.29 per cent, Axis Bank 3.19 per cent, Dr Reddys 3.04 per cent, M&M 2.03 per cent, Tata Power
1.61 per cent and HDFC 1.60 per cent.
However, Shares of Wipro plunged over 6 per cent to Rs 544 after companys earnings failed to enthuse investors.
Sectorally, the BSE capital goods gained the most by rising 1.88 per cent, followed by healthcare 1.20 per cent, banking index 0.78 per cent
and FMCG 0.52 per cent.
Printable version | Apr 22, 2015 7:19:23 PM | http://www.thehindu.com/business/markets/sensex-rebounds-by-214points/article7130335.ece
The Hindu

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Wall Street Rallies On Earnings, Data | Fox Business

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The Dow Jones industrial average rose 88.68 points, or 0.49 percent,
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"People need to be cautious about what they buy, but I dont think the
situation calls for a 70 percent decline."
Major tech earnings on tap for Thursday include Amazon.com , which
trades at over 400 times earnings, as well as Microsoft and Google .
Yum Brands ended 3.95 percent higher after the restaurant operator
said late on Tuesday it was recovering from a meat scare in China
and expected a strong year-end finish.
After the bell, eBay was up 5 percent after it posted March-quarter
earnings above estimates and said its growth was hurt by the strong
dollar. Facebook Inc posted its slowest growth in quarterly revenue in
two years and its stock fell 2.1 percent in extended trade.
On Wednesday, advancing issues outnumbered declining ones on the
NYSE by 1,737 to 1,230, for a 1.41-to-1 ratio; on the Nasdaq, 1,483
issues rose and 1,267 fell for a 1.17-to-1 ratio favoring advancers.
The S&P 500 posted 22 new 52-week highs and no new lows; the
Nasdaq Composite recorded 94 new highs and 33 new lows.
About 6.0 billion shares changed hands on U.S. exchanges, below the
6.2 billion daily average for the month to date, according to BATS
Global Markets.
(By Noel Randewich; Additional reporting by Tanya Agrawal; Editing
by Rodrigo Campos, Nick Zieminski and Cynthia Osterman)

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4/23/2015

Nasdaq Sets All-Time High | Fox Business

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Nasdaq Sets All-Time High


Published April 23, 2015

Reuters
NOW PLAYING

Morning Business Outlook: 4/23/15

Developing: The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, jumped to a 15year high on Thursday and closed a an all-time high, a first since the tech bubble burst.
Earlier version of this story...
The Nasdaq Composite, the U.S. market index most closely associated with technology stocks, jumped to a 15-year high on
Thursday and was on track for its first record high close since the tech bubble burst.
The Nasdaq jumped as high as 5,073.091, led by shares of Apple, which has been among the biggest positive influences on
the index in recent years. The index's last record close of 5,048.62 was hit on March 10, 2000.
The S&P 500 was also on track for a record closing high and hit an intraday high in late afternoon trading. Its most recent
record close was 2,117.39 on March 2.

More on this...
Morning Business Outlook: 4/23/15

Rapid growth in biotechnology companies such as Gilead and social media firms like Facebook, driven by the popularity of
mobile computing, have also helped to lift the Nasdaq to its current levels.
Shares of Gilead were up 1 percent at $105.23, while Facebook, which late Wednesday posted quarterly revenue that missed
analysts estimates, was down 0.8 percent at $83.99.
Shares of Apple, the most valuable company in the United States, were up 0.9 percent at $129.72, while Google was up 1.5
percent at $547.17.
Strategists say there is still room for the Nasdaq to rise.
Stephen Massocca, chief investment officer at Wedbush Equity Management LLC in San Francisco, said the Nasdaq has a
good chance of sustaining its current high levels for some time unless there is a significant change in monetary policy.
But he cautioned that social media stocks within the sector will likely tumble eventually. "I think this is the heart of the story and
the speculative fervor. I don't know when it's going to end but I know how its going to end, badly," Massocca said.
At 3:11 p.m. the Dow Jones industrial average rose 82.51 points, or 0.46 percent, to 18,120.78, the S&P 500 gained 10.7
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4/23/2015

Nasdaq Sets All-Time High | Fox Business

points, or 0.51 percent, to 2,118.66 and the Nasdaq Composite added 32.69 points, or 0.65 percent, to 5,067.86.
Massocca referred to the dramatic rise of the Global X Social Media index ETF, which was up just 0.1 percent on Thursday but
is up more than 15 percent for the year so far.
The Nasdaq Composite's market capitalization is at $8.2 trillion, compared with a $19.5 trillion market cap for the S&P 500,
according to Thomson Reuters data.
Though the Nasdaq is heavily associated with technology, the S&P 500 technology sector is actually down about 21 percent
since March 10, 2000, according to S&P-Dow Jones Indices analyst Howard Silverblatt.
On Thursday, nine of the 10 major S&P sectors were higher, with the energy sector up 1.2 percent following gains in oil prices.
Shares of Dow component Caterpillar gained 1.1 percent to $85.77 following its results.
Advancing issues outnumbered declining ones on the NYSE by 2,170 to 846, for a 2.57-to-1 ratio on the upside; on the
Nasdaq, 1,747 issues rose and 980 fell for a 1.78-to-1 ratio favoring advancers.
(By Caroline Valetkevitch; Additional reporting by Tanya Agrawal, David Randall, Sinead Carew and Rodrigo Campos; Editing
by Savio D'Souza and Nick Zieminski)

MISSION MID-MARKET

Morning Business Outlook: 4/23/15


Morning Business Outlook: 4/22/15
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4/23/2015

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4/28/2015

US stocks move mostly higher as earnings pour in; Twitter plunges after posting weak revenue | Fox Business
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US stocks move mostly higher as earnings pour in; Twitter


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Published April 28, 2015

16

Associated Press

FILE - This Aug. 9, 2011 file photo show s a Wall Street street sign near the New York Stock Exchange, in New York. Stocks are opening mostly higher Tuesday, April 28, 2015, as
the health care sector rebounds from a slump the day before. (AP Photo/Mark Lennihan, File) (The Associated Press)

NEW YORK Stocks are ending mostly higher as investors pore over a big batch of earnings reports.
Merck led a rebound in the health care sector Tuesday after reporting surprisingly strong results.
Twitter plunged 18 percent after its revenue came in lower than analysts' forecasts. Trading in the stock was temporarily halted
because the results were released before the closing bell, earlier than investors were expecting.
The Container Store dropped 15 percent after releasing earnings that were far below estimates.
The Dow Jones industrial average climbed 72 points, or 0.4 percent, to 18,110.
The Standard & Poor's 500 index rose five points, or 0.3 percent, to 2,114. The Nasdaq composite fell four points, or 0.1
percent, to 5,055.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.99 percent.

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4/28/2015

Sensex rises 219 points to rebound from 3-session fall - The Hindu

BUSINESS

Published: April 28, 2015 17:08 IST | Updated: April 28, 2015 17:08 IST Mumbai, April 28, 2015

Sensex rises 219 points to rebound from 3-session fall


PTI
The benchmark BSE Sensex on Tuesday reversed its three-session fall by rising 219 points to settle at 27,396.38 as blue-chips ICICI Bank
and Maruti Suzuki jumped on better-than-expected earning numbers.
Besides, World Bank on Tuesday said Indian economy has taken strong strides towards higher growth and enhanced stability, aided by a
supportive external environment, in particular the sharp decline in oil and commodity prices.
The multilateral lending body said India will grow 7.5 per cent this fiscal year. Growth has accelerated, inflation has declined, the current
account deficit has narrowed and external reserves have increased, the World Bank noted.
Moreover, recovery in the rupee that strengthened to Rs. 63.12 against the dollar (Intra-day) too boosted sentiments. Snapping its three-day
losing streak, the Sensex opened on a strong footing at 27,215.61 and rose further to 27,365.72 in early trade on emergence of value-buying.
However, it succumbed to profit-booking and slipped into the negative zone to touch a low of 27,073.25, but staged a strong comeback on a
flurry of buying in last one hour to hit the sessions high of 27,482.14 before settling 219.39 points or 0.81 per cent higher at 27,396.38.
Stocks of ICICI Bank climbed 8.2 per cent to Rs. 326.65, its biggest single session gain since September 2013. Countrys largest carmaker,
Maruti Suzuki share continued Mondays winning streak and gained 4.93 per cent to Rs. 3,826.65 after its Q4 earnings beat estimates.
However, taxation concerns and corporate earning worries limited the gains in choppy session, brokers said.
The 50-share NSE Nifty gained 71.80 points or 0.87 per cent to close at 8,285.60. Intra-day, it regained the 8,300-mark to touch days high
of 8,308 and a low of 8,185.15.
Other gainers on the Sensex included, Tata Motors 2.43 per cent, BHEL 2.76 per cent, Bharti Airtel 2.26 per cent, NTPC 2.09 per cent, Axis
Bank 2.08 per cent, SBI 1.97 per cent, Hero MotoCorp 1.39 per cent, HDFC 1.31 per cent, Hindalco 1.04 per cent, M&M 1.02 per cent and
Tata Steel 0.92 per cent.
However, shares of ITC, Infosys, Coal India, GAIL, Bajaj Auto, HDFC Bank, Hind Unilever and L&T continued to face selling pressure and
limited Sensexs gains. Meanwhile, foreign portfolio investors sold shares worth Rs. 1,749.33 crore on Monday, as per provisional data from
stock exchanges.
Sectorally, the BSE bankex gained the most by surging 2.41 per cent, followed by auto 2.24 per cent, realty 1.60 per cent, power 1.40 per cent
and infrastructure 1.21 per cent.
Globally, mixed trend was seen in other Asian markets and lower opening in European markets.
Printable version | Apr 29, 2015 2:39:58 AM | http://www.thehindu.com/business/sensex-rises-219-points-to-rebound-from-3sessionfall/article7150768.ece
The Hindu

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5/4/2015

Sensex surges 479 points, rebounds from 4-month low - The Hindu

BUSINESS MARKETS

Published: May 4, 2015 16:53 IST | Updated: May 4, 2015 19:03 IST New Delhi, May 4, 2015

Sensex surges 479 points, rebounds from 4-month low


PTI

The benchmark BSE Sensex on Monday rose by 479 points to recover from near four-month low and settled at 27,490.59 on governments
clarification on MAT and a rise in auto stocks on promising monthly sales data.
Across-the-board buying at the beginning of May series, rallies in refinery stocks and the passing of Finance Bill, 2015, helped the index to rise
the most in over a month, brokers said.
Finance Minister Arun Jaitley last week had said all capital gains from sale of securities as well as royalties, interest, technical services fee
earned by foreign companies will be exempt from minimum alternate tax (MAT), if the normal tax rate on such income is lower than 18.5 per
cent.
Brokers also attributed Mondays rebound to value-buying from an over-sold position after persistent fall in stock prices in the April series
as participants snapped recently beaten down bluechip stocks.
The 30-share BSE index opened on a strong footing and gathered momentum to test the days high of 27,537.85 before settling 479.28 points
or 1.77 per cent higher at 27,490.59.
The previous best one-day gain was on March 30 when the Sensex had rallied by 517.22 points.
The 50-share NSE Nifty recaptured the 8,300-level to hit a high of 8,346.00 points, before settling 150.45 points or 1.84 per cent higher at
8,331.95. This is the best single-session gain in two months for the index.
ONGC emerged top gainers among Sensex stocks by surging 7.57 per cent, to close at Rs 327.65 on speculation that the government will bear
the entire burden of fuel subsidy.
Among 30 Sensex shares, 27 ended in positive zone, while Tata Motors, ICICI Bank and L&T ended lower.
Robust sales in April by auto companies including Maruti Suzuki and Bajaj Auto too had positive impact.
Meanwhile, manufacturing sector output eased in April after a solid rate of growth witnessed in the previous month.
Buying activity was also extended to small and midcap sectors. The BSE smallcap index surged 2.06 per cent and Midcap index rose by 1.28
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5/4/2015

Sensex surges 479 points, rebounds from 4-month low - The Hindu

per cent.
Globally, Asian markets ended mixed and European markets were trading positive in their early trade after the biggest decline this year as a
guage of manufacturing increased more than initially estimated.
Meanwhile, Foreign Portfolio Investors (FPIs) sold shares worth Rs 3,157.61 crore last Thrusday, as per provisional data.
Printable version | May 4, 2015 7:35:35 PM | http://www.thehindu.com/business/markets/sensex-surges-479-points-rebounds-from4month-low/article7170385.ece
The Hindu

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2/2

5/4/2015

US stocks climb, pushing market back near record levels; Cognizant jumps on earnings | Fox Business
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US stocks climb, pushing market back near record levels;


Cognizant jumps on earnings
Published May 04, 2015

Associated Press

FILE - This Oct. 8. 2014 photo show s a Wall Street address on the side of a building in New York. U.S. stocks opened higher Monday, May 4, 2015, pushing stocks to record
levels, as investors assessed corporate earnings. (AP Photo/Mark Lennihan, File) (The Associated Press)

NEW YORK Stocks are moving slightly higher in midday trading, building on their gains from Friday.
The Standard & Poor's 500 index rose eight points, or 0.4 percent, to 2,116 as of 11:45 a.m. Eastern time. That's one point
short of its record high close on April 24.
The Dow Jones industrial average rose 68 points, or 0.4 percent, to 18,092. The Nasdaq composite rose 20 points, or 0.4
percent, to 5,025.
Cognizant Technology Solutions jumped 9 percent, the most in the S&P 500 index, after the consulting company reported
earnings that beat the expectations of Wall Street analysts. Cognizant also raised its earnings and sales outlook for the year.
http://www.foxbusiness.com/markets/2015/05/04/us-stocks-climb-pushing-market-back-near-record-levels-cognizant-jumps-on/

1/3

5/7/2015

WallStreetEndsStrongerasGlobalDebtWorriesFade|FoxBusiness

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WallStreetEndsStrongerasGlobalDebtWorriesFade
PublishedMay07,2015

26

Reuters

(Reuters)

U.S.stocksendedhigheronThursday,helpedbyajumpintechstocksandareversalinsurgingglobalinterestrates.
StrongquarterlyresultsfromAlibabaaswellasspeculationthatconsumerreviewwebsiteYelp.comcouldbeforsale
drovetechnologystockshigher,withtheS&Ptechindex<.SPLRCT>up0.87percent.
ThenumberofAmericansfilingnewclaimsforunemploymentbenefitsheldneara15yearlowlastweek,suggesting
positivemomentumintheeconomy,butnotsomuchastochangeexpectationsforaSeptemberinterestratehikebythe
FederalReserve.
ArecentrunupinglobalinterestratesthathasworriedWallStreetalsoshowedsignsofstabilizing,whilearallyinoil
pricessnapped.
"Thatdrastic,draconianmoveinbondsandviolentupdraftinoilaresettlingalittlebitandthat'shelpingusfocuson
stocks,"saidArtHogan,chiefmarketstrategistatWunderlichSecuritiesinNewYork.
InvestorsarelookingaheadtoanAprilpayrollreportonFridaythatwillofferafreshindicationoftheeconomy'shealthand
couldpotentiallyaffectwhentheFedraisesinterestratesforthefirsttimesince2006.MostofWallStreet'stopbankssee
theFederalReserveholdingoffuntilatleastSeptemberbeforeraisinginterestrates,basedonReuters'mostrecentpoll.
http://www.foxbusiness.com/markets/2015/05/07/usequityfuturesdropamidglobalselloff/?intcmp=bigtopmarketfeatures

1/4

5/7/2015

WallStreetEndsStrongerasGlobalDebtWorriesFade|FoxBusiness

Moreonthis...
Weeklyjoblessclaimsriseto265,000
Alibaba4Qearningsbeatexpectations

"Tomorrow'sreportwouldhavetobeamonstermonthforustobelieveJuneisbackonthetable,"Hogansaid.
TheDowJonesindustrialaverage<.DJI>rose82.08points,or0.46percent,toendat17,924.06.TheS&P500<.SPX>
gained7.85points,or0.38percent,to2,088andtheNasdaqComposite<.IXIC>added25.90points,or0.53percent,to
4,945.54.
Afterthebell,CBSCorp's<CBS.N>firstquarterresultsexceededexpectationsanditsstockwasup1percentinextended
trade.
InThursday'stradingsession,nineofthe10S&P500sectorswerepositive,ledbytechnologyandfinancialindices.
Alibaba's<BABA.N>sharesjumped7.5percentastheChineseecommercegiantreportedabetterthanexpectedrisein
quarterlyrevenue.
Yahoo<YHOO.O>,whichholdsastakeinAlibaba,endedup5.3percent.
Yelp<YELP.N>soared23percentaftertheWallStreetJournalreportedthattheoperatorofconsumerreviewwebsite
Yelp.comisexploringasale.
Oilpricesfellaftertouchingtheirhighestin2015onWednesday,pushingtheenergyindex<.SPNY>down1.1percent
whileliftingairlinestocks.
AdvancingissuesoutnumbereddecliningonesontheNYSEby1,763to1,292,fora1.36to1ratioontheupsideonthe
Nasdaq,1,528issuesroseand1,207fellfora1.27to1ratiofavoringadvancers.ThebenchmarkS&P500indexwas
posting7new52weekhighsand2newlowstheNasdaqCompositewasrecording46newhighsand60newlows.
About6.9billionshareschangedhandsonU.S.exchanges,belowthe7.1billiondailyaverageforthelastfivesessions,
accordingtoBATSGlobalMarkets.
(ByNoelRandewichAdditionalreportingbyTanyaAgrawalEditingbyNickZieminski)

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2/4

5/8/2015

Sensexjumps374pointstoreboundfrom61/2monthslowTheHindu

BUSINESSMARKETS

Published:May8,201510:23IST|Updated:May8,201511:18IST
Mumbai,May8,2015

Sensexjumps374pointstoreboundfrom61/2monthslow
PTI
ThebenchmarkBSESensexreboundedfromitssixandahalfmonthslowinearlytradebyclimbing374pointsto26,973.83on
governmentsdecisiontoreferMATissuetoahighlevelcommittee.
Moreover,recoveryinrupeeagainstthedollarandafirmingtrendinglobalmarketstooboostedsentiments.
Snappingitsthreedaylosingstreak,theSensexrecoveredsharplyby374.72pointsor1.40percentto26,973.83withrealty,banking,capital
goods,autoandhealthcarestocksleadingtherebound.
Thegaugehadlost891.48pointsinthepastthreedays.
The50shareNSENiftyregainedthe8,100markbyrising111.55pointsor1.38percentto8,168.85.
BrokerssaidsentimentswerebuoyedafterFinanceMinisterArunJaitleyonThursdayannouncedthatahighlevelcommitteewilllookinto
thecontroversialissueofMinimumAlternativeTax(MAT).
ProminentgainersontheSensexareTataMotors,MarutiSuzuki,ICICIBank,HindustanUnilever,HDFC,HDFCBank,DrReddys,Cipla,
BHEL,AxisBank,BhartiAirtel,ONGCandL&T.
However,HeroMotoCorpwasdown2.86percentafterthecompanyreporteda14.05percentdeclineinnetprofitforthefourthquarter.
InotherAsianmarkets,HongKongsHangSengwasupby0.90percent,whileJapansNikkeigained0.31percentinearlytrade.
TheUSDowJonesended0.46percenthigherinThursdaystrade.
Printableversion|May8,20158:06:44PM|http://www.thehindu.com/business/markets/sensexjumps374pointstoreboundfrom612
monthslow/article7184051.ece
TheHindu

http://www.thehindu.com/business/markets/sensexjumps374pointstoreboundfrom612monthslow/article7184051.ece?css=print

1/1

5/8/2015

Sensexspurtsongovt.movetopacifytaxationworriesTheHindu

BUSINESSMARKETS

Published:May8,201517:56IST|Updated:May8,201517:56IST
Mumbai,May8,2015

Sensexspurtsongovt.movetopacifytaxationworries
PTI

SentimentschangedforthebetterafterArunJaitleyannouncedthatahighlevelcommitteewilllookintotheissueofMAT.
ThebenchmarkBSESensexonFridaybouncedbackby506.28pointstoreclaimthe27,000markongovernmentsmovetomollifyoverseas
investorstaxationworriesandrupeesrecovery.
The30shareindexsbiggestgaininmorethanamonthwasalsosupportedbyvaluebuyinginbeatendownstocks,dropinoilpricesand
gainsinglobalstocks,traderssaid.
Therupeereboundingfrom20monthlowstoregain63levelstooboostedsentimentsandhelpedSensexrecoverfromits61/2monthslow,
theyadded.
GovernmentsmovetosetupahighlevelcommitteetodecideMATissuehashelpedmarkettoday.ThiscouldreduceFIIsconcernsoverthe
mediumterm,saidVinodNair,HeadofFundamentalResearchatGeojitBNPParibasFinancialServices.
Snappingthreedaysoflosses,theBSESensexresumedonastrongfootingandquicklyrecapturedthecrucial27,000marktotouchthedays
highof27,196.28.
Itfinallyclosedat27,105.39,ajumpof506.28pointsor1.90percent.Previously,ithadsoaredby517.22pointsonMarch30.
Thegaugehadlost891.48pointsinthepreviousthreedaystohit61/2monthslowonpersistentworriesoverMATanddelayinpassageof
keyreformsbillsinParliament.
The50shareNSENiftyaftercrossingthe8,200mark,touchedahighof8,224.95beforeclosing134.20pointsor1.67percenthigherat
8,191.50.
SentimentschangedforthebetterafterFinanceMinisterArunJaitleyonThursdayannouncedthatahighlevelcommitteewilllookintothe
issueofMinimumAlternativeTax(MAT).
TataMotorswasthebiggestgainerontheSensex,followedbyCipla,ICICIBank,Hindalco,BajajAuto,HDFCBank,HDFC,AxisBank,RIL,
TataPower,L&TandITC.
http://www.thehindu.com/business/markets/sensexspurtsongovtmovetopacifytaxationworries/article7185335.ece?css=print

1/2

5/8/2015

Sensexspurtsongovt.movetopacifytaxationworriesTheHindu

ShareofFMCGmajorHindustanUnileverrose3.34percentafteritreporteda16.73percentincreaseinitsstandalonenetprofitatRs
1,018.08crorefortheMarchquarter.
Buckingthetrend,HeroMotoCorpwasdown2.23percentafteritreporteda14.05percentdeclineinnetprofit.
AfirmingtrendatotherAsianboursesfollowingovernightgainsintheU.S.marketsandahigheropeninginEuropewereotherfactors
behindreboundinstocks,traderssaid.
Sectorwise,theBSErealtygainedthemostbysurging4.06percent,followedbyautoby2.67percent.
Meanwhile,foreignportfolioinvestorssoldsharesworthRs1,360.69croreyesterdayasperprovisionaldata.
Printableversion|May8,20159:16:43PM|http://www.thehindu.com/business/markets/sensexspurtsongovtmovetopacifytaxation
worries/article7185335.ece
TheHindu

http://www.thehindu.com/business/markets/sensexspurtsongovtmovetopacifytaxationworries/article7185335.ece?css=print

2/2

5/8/2015

WallStreetRalliesAfterStrongJobsData|FoxBusiness

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WallStreetRalliesAfterStrongJobsData
PublishedMay08,2015

10

11

Reuters

(REUTERS)

U.S.stockindexesendedmorethan1percenthigheronFridayafterstrongjobsdataindicatedU.S.economicgrowthwas
pickingupmomentum,butnotenoughtoraiseconcernsaboutanearlierthanexpectedinterestraterisebytheFederal
Reserve.
U.S.jobgrowthreboundedlastmonthandtheunemploymentratedroppedtoanearsevenyearlow,suggesting
underlyingstrengthintheeconomyatthestartofthesecondquarteraftergrowthhitasoftpatchinthefirst.
"Themarketlovedthejobsreport.Couldn'thavebeenbetter,"saidJackAblin,chiefinvestmentofficeratBMOPrivate
BankinChicago."Itwasn'tastrongenoughnumbertopromptanyconcernbytheFed."
NonfarmpayrollsinAprilincreasedby223,000,justbelowexpectations,whiletheunemploymentratedroppeddespite
morepeopleenteringthejobmarket.Temperingthatgoodnews,Marchpayrollswerereviseddownwardstoshowonly
85,000jobscreated,thefewestsinceJune2012.
"Therevisiontolastmonthiscertainlysignificant.Ithinkthisisconsistentwithmostofthedatathathasbeencomingout.
Theeconomyisslowingabit,jobcreationisslowingalittlebit,"saidUriLandesman,presidentofPlatinumPartnersin
NewYork.

http://www.foxbusiness.com/markets/2015/05/08/traderscautiousaheadapriljobsreport/?intcmp=bigtopmarketfeatures

1/4

5/8/2015

WallStreetRalliesAfterStrongJobsData|FoxBusiness

Cappingoffaweekofchoppytradingthatsawinvestorsfrettingaboutvaluationsandincreasinglyfocusedoninterest
rates,theDowJonesindustrialaveragerose267.05points,or1.49percent,toendat18,191.11.
TheS&P500gained28.10points,or1.35percent,to2,116.10andtheNasdaqCompositeadded58points,or1.17
percent,to5,003.55.
Thelasttimeallthreeindexesgainedmorethan1percentinasessionwasonMay1.
Fortheweek,theDowwasup0.9percent,theS&P500wasup0.4percentandtheNasdaqwasdown0.04percent.
Forsixyears,ultralowborrowingcostshavefueledstockgainsandmarketparticipantshavewonderedhowtheU.S.
market,whichistradingathistoricallyexpensivevaluations,willfareoncetheFedbeginsraisinginterestrates.
TheS&P500istradingat17timesexpectedearnings,comparedtoits10yearmedianaverageof15,accordingto
StarMinedata.
TheDowis0.53percentshortofitsalltimehighclosesetinearlyMarchandtheS&P500is0.08percentbelowitsrecord
highclosesetinApril.TheNasdaqis1.74percentlowerthanitsrecordcloseonApril24.
Nextweek,laborexpenseswillbeakeyfocusasbigretailers,includingMacy's,NordstromIncandKohl'sCorppost
quarterlyresults.
OnFriday,allthe10majorS&P500sectorspostedstronggains,ledbya1.62percentjumpinthehealthindex.
Microsoftrose2.25percenttocloseat$47.75afterReutersreportedthatthecompanywasnotweighinganofferfor
Salesforce.com.Salesforce.comfell2.85percentto$72.40.
AOLsurged10.23percenttoendat$43.42afterreportingrevenueaboveanalysts'expectations.
AdvancingissuesoutnumbereddecliningonesontheNYSEby2,468to604,fora4.09to1ratioontheupsideonthe
Nasdaq,1,737issuesroseand1,023fellfora1.70to1ratiofavoringadvancers.
TheS&P500posted23new52weekhighsand2newlowstheNasdaqCompositerecorded71newhighsand42new
lows.
About6.6billionshareschangedhandsonU.S.exchanges,belowthe6.8billiondailyaverageforthelastfivesessions,
accordingtoBATSGlobalMarkets.
(ByNoelRandewichAdditionalreportingbyTanyaAgrawalEditingbyBernadetteBaumandNickZieminski)

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5/8/2015

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5/11/2015

Sensex rises 402 points on strong global cues

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Sify.com / Finance / Sensex / Sensex rises 402 points on strong global cues

Sensex rises 402 points on strong global


cues
Source : SIFY

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Last Updated: Mon, May 11, 2015 17:12 hrs

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It was another nice trip up north for stocks on the Indian bourses on Monday, with
investors continuing from where they left last Friday.

Not that throne, Am m a, this one!


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A fairly upbeat U.S. jobs data that drove stock prices up on Wall Street on Friday and

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the Chinese central bank's decision to cut interest rates for the third time in the last
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also betting on hopes the RBI will soon come out with a rate cut announcement.
The BSE benchmark Sensex ended up 401.91 points or 1.48% at 27,507.30, after
scaling a high of 27,544.24 intraday. The Nifty index of the National Stock Exchange

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closed up 133.75 points or 1.63% at 8325.25, slightly off the day's high of 8332.75.
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Metal stocks rallied thanks to the rate cut announcement by the Chinese central

Asians workers face bias at Google, Intel &

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index jumped more than 2.5% today.

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Automobile, bank and consumer durables stocks were the other major gainers. The
indices tracking the performances of stocks from these sectors, moved up 2.3% 2.6%. Healthcare, information technology, oil, power and capital goos stocks too

mostly ended on a high note. Realty stocks edged up as well. FMCG stocks were
mostly subdued.

$94 billion on basic education doesn`t


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Weekly Wrap: Sensex, Nifty eke out modest


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Scores of stocks from midcap and smallcap segments moved up sharply.

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5/11/2015

Sensex rises 402 points on strong global cues


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State Bank of India gained nearly 5.5%. ICICI Bank moved up by over 2%, Axis Bank

Pow ered by Disqus

ended higher by 1.7% and HDFC Bank gained 0.85%.


Among automobile stocks, Hero Motocorp gained more than 3.5%, Tata Motors
surged up 3.2% and Bajaj Auto moved up 2.5%, while Maruti Suzuki and Mahindra &
Mahindra ended higher by 1.2%.
HDFC, Sun Pharmaceutical Industries, Cipla, NTPC, Infosys, Tata Power, BHEL,
ONGC, Larsen & Toubro and Tata Consultancy Services also ended with strong
gains.
Bank of Baroda, up nearly 17%, was the top gainer in the Nifty index. The stock
rallied sharply thanks to a drop in bad loans in the fourth quarter.
UltraTech Cement, ACC, Ambuja Cements, Zee Entertainment Enterprises, Yes Bank,
Power Grid Corporation, HCL Technologies, Cairn India, Grasim Industries, Punjab
National Bank, IndusInd Bank, Tech Mahindra and Asian Paints also ended on a firm
note.
Kansai Nerolac Paints, Orient Cement, Siyaram Silk Mills, Gillette, Fedders Lloyd
Havells India and Eveready Industries moved up on results.
IVRCL Infrastructure rallied sharply on winning new orders.
The market breadth was strong. Out of 2831 stocks traded on BSE, 1760 stocks
moved up. 969 stocks declined and 102 stocks ended flat.

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5/11/2015

Sensex surges; Nifty above 8,300-mark - The Hindu

BUSINESS MARKETS

Published: May 11, 2015 17:37 IST | Updated: May 11, 2015 17:37 IST Mumbai, May 11, 2015

Sensex surges; Nifty above 8,300-mark


PTI

The benchmark BSE Sensex jumped by 402 points on Monday to close at over two-week high of 27,507.30, led by gains in banking and auto
stocks, on hopes of RBI rate cut ahead of inflation and IIP data release.
The broader 50-issue NSE Nifty too regained the crucial 8,300-level.
Governments move to mollify overseas investors taxation worries and firming trend in overseas markets supported investor sentiment,
traders said.
The BSE 30-share Sensex resumed on a positive note and touched an intra-day high of 27,544.24 before settling 401.91 points or 1.48 per
cent higher at 27,507.30.
Of the 30 Sensex stocks, 26 ended with gains.
The index had gained 506.28 points on Friday after Finance Minister Arun Jaitley refereed the MAT issue to a high-level committee.
Similarly, the broader 50-issue NSE Nifty regained the 8,300-mark to hit sessions high of 8,332.75 and concluded 133.75 points or 1.63 per
cent higher at 8,325.25.
On macroeconomic front, data on inflation based on consumer price index (CPI) for April and industrial production (IIP) data for March will be
released on Tuesday.
Markets bounced back strongly largely on the back of positive domestic as well as global cues, said Manoj Choraria, a Delhi-based NSE stock
broker.
On Sensex, State Bank of India was the biggest gainer with a rise of 5.44 per cent, followed by Vedanta 5.34 per cent, Hero MotoCorp 3.59 per
cent and HDFC 3.16 per cent.
Auto stocks rose after a data showed car sales grew 18.14 per cent to 1,59548 units in April.
Among the BSE sectoral index, metal rose the most by surging 2.65 per cent, followed by auto 2.52 per cent, metal 2.52 per cent, bankex 2.40
per cent, consumer durables 2.27 per cent, healthcare 1.69 per cent, power 1.56 per cent, IT 1.34 per cent and oil & gas 1.25 per cent.
http://www.thehindu.com/business/markets/sensex-surges-nifty-above-8300mark/article7194056.ece?css=print

1/2

5/11/2015

Sensex surges; Nifty above 8,300-mark - The Hindu

In line with overall bullish trend, midcap index rose 2.13 per cent, while smallcap gained 1.28 per cent.
Printable version | May 11, 2015 11:54:15 PM | http://www.thehindu.com/business/markets/sensex-surges-nifty-above8300mark/article7194056.ece
The Hindu

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2/2

5/13/2015

Sensex rises 374 points on rate cut hopes - The Hindu

BUSINESS

Published: May 13, 2015 17:21 IST | Updated: May 13, 2015 17:21 IST Mumbai, May 13, 2015

Sensex rises 374 points on rate cut hopes


PTI
In a volatile session, the benchmark BSE Sensex on Wednesday rebounded by 373.62 points to 27,251.10 led by gains in banking and auto
stocks after drop in inflation and industrial output data fuelled rate cut hopes.
The upside was also supported by gains related to inclusion of some stocks in MSCI India index. MSCI Inc announced that eight companies
including Bharti Infratel, Eicher Motors, Lupin and Bharat Forge will be added to the list.
At present, companies such as Infosys, HDFC, TCS, RIL, Sun Pharma and ITC are part of MSCI India index. Sentiment was boosted after
retail inflation cooled to a four-month low in April and industrial output growth slipped to a five-month low in March, increasing changes of an
interest rate cut by the Reserve Bank at its next meeting.
In volatile movements, the 30-share Sensex opened firm and regained the crucial 27,000-mark to touch the days high of 27,299.80 led by
gains in rate-sensitive stocks. On emergence of profit-booking it slipped into negative zone to touch days low of 26,750.01.
Meanwhile, HSBC on Wednesday changed its stance on the country to underweight, saying corporate earnings may remain muted, monsoon
could be weak and odds are against rate cuts.
Discounting HSBC downgrade, Sensex staged a strong comeback towards the middle of session and settled the day 373.62 points or 1.39 per
cent higher at 27,251.10.
The 50-share NSE Nifty also ended above the 8,200-level by surging 108.50 points or 1.34 per cent to 8,235.45 after shuttling between
8,254.95 and 8,089.80 intra-day.
The rise in the BSE barometer was supported by gains in Axis Bank that climbed 4.95 per cent, followed by ICICI Bank at 2.88 per cent and
SBI 2.52 per cent. Sector-wise, BSE bankex gained the most by rising 2.64 per cent, followed by Capital Goods 1.81 per cent, auto 1.72 per
cent and power 1.29 per cent.
Of 30-Sensex shares, 22 stocks ended in the positive zone. The broader markets also rose as the mid-cap and small-cap indices rose 1.59 and
0.92 per cent, respectively. In Asian region, other markets ended mixed while European stocks were higher in their early trade as the sell-off
in global bonds abated and growth picked up in the euro area, supported the sentiment here.
Printable version | May 13, 2015 6:24:05 PM | http://www.thehindu.com/business/sensex-rises-374-points-on-rate-cuthopes/article7201767.ece
The Hindu

http://www.thehindu.com/business/sensex-rises-374-points-on-rate-cut-hopes/article7201767.ece?css=print

1/1

5/14/2015

S&P 500 Ends at Record High as Dollar Loses Ground | Fox Business
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M A R K ET U P D A T E

S&P 500 Ends at Record High as Dollar Loses Ground


Published May 14, 2015

34

Reuters

(REUTERS)

U.S. stocks ended sharply stronger on Thursday and the S&P 500 closed at a record high as investors worried less about
interest rates and a weaker dollar offered the possibility of stronger sales for U.S. multinationals.
The S&P 500 gained 22.62 points, or 1.08 percent, to end at 2,121.1, exceeding its previous all-time high close of 2,117.69 on
April 24. The Nasdaq Composite had its strongest day since January.
After oscillating in what many investors view as a range for much of the past three months, the S&P's gain in 2015 now stands
at 3 percent.
The dollar moved to its lowest since January against a basket of currencies of major U.S. trading partners - good news for
companies that have large foreign sales.
A report showing a dip in initial claims for state unemployment benefits last week did little to change broad expectations that the
U.S. Federal Reserve would not increase interest rates before the second half of 2015 at the earliest.
"There's a 50-50 chance they're not going to raise rates this year, so why are we spending two years discussing this? Let's
focus on the fact that the economy is doing okay," said Steve Goldman, principal of Goldman Management in Short Hills, New
Jersey. "The path of least resistance is higher."
http://www.foxbusiness.com/markets/2015/05/14/us-equity-futures-higher-ahead-ppi-weekly-claims/?intcmp=bigtopmarketfeatures

1/4

5/14/2015

S&P 500 Ends at Record High as Dollar Loses Ground | Fox Business

More on this...
Producer prices fall in April
Weekly jobless claims rise to 264,000

Wall Street's top banks expect the Federal Reserve to begin raising interest rates in September, according to a Reuters poll last
week.
The Dow Jones industrial average rose 191.75 points, or 1.06 percent, to end at 18,252.24.
The Nasdaq Composite added 69.10 points, or 1.39 percent, to 5,050.80.
All of the 10 major S&P 500 sectors were higher, with the tech index's 1.73 percent rise leading the way. Apple shares rose
2.33 percent, making the stock the biggest driver on both the Nasdaq and S&P 500.
Apple's quarterly dividend, which many shareholders reinvest, was payable on Thursday.
Avon Products briefly jumped as much as 27.4 percent after a regulatory filing from a firm said it had offered to buy the
cosmetics company for nearly three times its market value. Avon said it had not received an offer.
Shake Shack fell 4.18 percent to $65.50 after the hamburger chain reported a surprise adjusted quarterly profit. The stock
debuted in January at a listing price of $21.
The S&P 500 posted 31 new 52-week highs and 5 new lows; the Nasdaq Composite recorded 101 new highs and 29 new lows.
Advancing issues outnumbered declining ones on the NYSE by 2,339 to 744, for a 3.14-to-1 ratio; on the Nasdaq, 1,909 issues
rose and 861 fell, for a 2.22-to-1 ratio favoring advancers.
"When you get those kinds of advance-decline numbers, that means there's a lot of buying. That's what impresses me on days
like today," said Frank Gretz, a technical analyst at Wellington Shields & Co, a brokerage in New York. "A day like today clears
the air to the upside."
About 6.0 billion shares changed hands on U.S. exchanges, below the 6.3 billion average for the last five sessions, according
to BATS Global Markets.
(By Noel Randewich; Additional reporting by Tanya Agrawal, editing by Saumyadeb Chakrabarty; Editing by Nick Zieminski)

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5/14/2015

S&P 500 Ends at Record High as Dollar Loses Ground | Fox Business

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5/14/2015

S&P 500 Ends at Record High as Dollar Loses Ground | Fox Business

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4/4

5/15/2015

Sensex rises 118 points, market up for second week - The Hindu

BUSINESS

Published: May 15, 2015 17:09 IST | Updated: May 15, 2015 17:09 IST Mumbai, May 15, 2015

Sensex rises 118 points, market up for second week


PTI
Logging a second straight weekly gain, the benchmark BSE Sensex on Friday rose by 117.94 points to end at 27,324, led by gains in banking
shares such as State Bank of India on hopes of a rate cut.
Market was also helped by further recovery in the rupee against dollar and firm trend in global markets, traders said. Sentiments turned
better after Finance Minister on Thursday said the economy was in a recovery mode with inflation and fiscal deficit under control, they added.
Both the leading indices, NSE and BSE, ended in positive zone for the second straight week. Meanwhile, inflation cooling to a four-month low in
April and industrial output growth at a five-month low in March is stocking hopes of an interest rate cut by the Reserve Bank.
In choppy movements, the 30-share Sensex opened firm at 27,233.90 and made further headway to touch the days high of 27,379.57 led by
gains in rate-sensitive stocks. However, on emergence of profit-booking, it briefly slipped into the negative zone to touch days low of
27,159.76, but staged a strong comeback to close 117.94 points or 0.43 per cent higher at 27,324.
The index had shed 45.04 points in Thursdays trade. The 50-share NSE Nifty also ended 38.15 points or 0.46 per cent higher at 8,262.35
after moving between 8,279.20 and 8,212.20 intra-day.
The rise in the BSE barometer was supported by gains in state-run SBI that climbed 2.39 per cent, followed by HDFC 1.80 per cent and Axis
Bank 0.80 per cent. Bharti Airtel, M&M, Infosys, ONGC, Maruti Suzuki, L&T, Bajaj auto and Tata Motors were among other gainers.
Sector-wise, the BSE consumer durables index gained the most with a rise of 0.81 per cent, followed by TecK 0.69 per cent, FMCG 0.67 per
cent, IT 0.65 per cent, healthcare 0.65 per cent, auto 0.59 per cent, capital goods 0.53 per cent, banking 0.44 per cent and PSU 0.15 per cent.
Of 30-Sensex shares, 16 stocks ended in the positive zone. The broader markets also rose as the small-cap and mid-cap indices rose 0.62 and
0.35 per cent, respectively. In the Asian region, other markets ended higher, while European stocks rose in their early trade, supported
sentiment here.
Printable version | May 15, 2015 5:53:44 PM | http://www.thehindu.com/business/sensex-rises-118-points-market-up-for-secondweek/article7210309.ece
The Hindu

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1/1

5/18/2015

Dow,S&PCloseatRecordHighsasRateHikeAngstAbates|FoxBusiness

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DowJonesIndustrials,S&P500CloseatRecordHighs

MorningOutlook

MARKETUPDATE

Dow,S&PCloseatRecordHighsasRateHikeAngstAbates
PublishedMay18,2015

41

Reuters

(Reuters)

TheDowJonesindustrialaverageandS&P500endedatrecordhighsonMonday,helpedbyarallyinAppleaswellas
tepideconomicdatasuggestingtheFederalReservemaywaittoraiseinterestrates.
TheS&P500rackedupitsthirdstraightalltimehighclose,gaining6.47points,or0.3percent,toendat2,129.2points.
TheDowrose26.32points,or0.14percent,toendat18,298.88,beatingitspreviousrecordcloseof18,288.63from
March2.
U.S.homebuildersentimentfellinMayalthoughmostbuildersviewmarketconditionsasfavorable,theNational
AssociationofHomeBuilderssaidonMonday.
Slowingeconomicexpansioninrecentmonths,stemmingpartlyfromastrongerdollarandsluggishwagegrowth,hasled
manyinvestorstopushbackexpectationsaboutwhentheFedwillbeginraisinginterestratesforthefirsttimesince2006.
http://www.foxbusiness.com/markets/2015/05/18/usstocksslowstartseenforwallstreetbutstrategistsupbeatonsp500/?intcmp=bigtopmarketfeatures

1/4

5/18/2015

Dow,S&PCloseatRecordHighsasRateHikeAngstAbates|FoxBusiness

"It'sbecomingmoreofthecollectivethoughtthattheFedcanwait,becauseyoureallydon'tseeanyblisteringgrowth,"
saidKurtBrunner,aportfoliomanageratSwarthmoreGroupinPhiladelphia.
Apple'ssharesrose1.10percentto$130.19afterCarlIcahn,oneoftheiPhonemaker'stop10shareholders,saidthe
stockwas"stilldramaticallyundervalued"andthatitshouldbetradingat$240.
TheNasdaqCompositeadded30.15points,or0.6percent,toendat5,078.44.
Apple'srisewasthebiggestfactorfortheriseinthethreemajorindexes.
Sevenofthe10majorS&P500sectorswerehigher,withthefinancialindex's0.56percentgainleadingtheway.
Sentimentgotaboostfromtalkofmergersandacquisitions.
Alterarose5.65percentto$46.93aftertheNewYorkPostreportedthecompanyhadresumedtalkswithIntelona
possibledeal.Intelrose1.24percent.
EndoInternationalfell5.37percentto$80.77afterthegenericdrugmakersaiditwouldbuyprivatelyheldPar
PharmaceuticalfromTPGCapitalina$8.05billiondeal.
Alibabafell1.53percentafteragroupofluxurygoodsmakerssuedthecompanyonFriday,contendingthattheChinese
ecommercegiantknowinglymadeitpossibleforcounterfeiterstoselltheirproductsthroughouttheworld.
WithMonday'sadvances,theDowisup2.7percentyeartodate,theS&P500is3.4percenthigherandtheNasdaqis7.2
percentstronger.
TheS&Pnowtradesat17timesexpectedearnings,expensivecomparedtoits10yearmedianof15.
Relativelylighttradingvolumesuggestsrecentgainsmaynotberesilient,especiallyasthemarketapproachessummer
monthswhenmanyonWallStreettakestimeoff,saidBrunner.
About5.3billionshareschangedhandsonU.S.exchanges,belowthe6.4billionaveragethismonth,accordingtoBATS
GlobalMarkets.
Duringthesession,advancingissuesoutnumbereddecliningonesontheNYSEby1,577to1,428,fora1.10to1ratioon
theupsideontheNasdaq,1,719issuesroseand1,014fellfora1.70to1ratiofavoringadvancers.
TheS&P500posted34new52weekhighsand2newlowstheNasdaqCompositerecorded111newhighsand39new
lows.
(ByNoelRandewichAdditionalreportingbyTanyaAgrawalandSwetaSingh,editingbySaumyadebChakrabartyand
NickZieminski)

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5/18/2015

Dow,S&PCloseatRecordHighsasRateHikeAngstAbates|FoxBusiness

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5/18/2015

Dow,S&PCloseatRecordHighsasRateHikeAngstAbates|FoxBusiness

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4/4

5/18/2015

Sensexsurges363pointstoover3weekhighTheHindu

BUSINESSMARKETS

Published:May18,201516:41IST|Updated:May18,201523:35IST
Mumbai,May18,2015

Sensexjumps363pointsonratecuthopes
PTI
Withrenewedbuyinginstocks,especiallyinsectorssuchasoilandgas,consumerdurables,powerandFMCG,thekeybenchmarkindices,on
Monday,gainedover1.3percenttocloseathigherlevels.TheBSESensexclosedwithagainof363pointsat27687whilethebroaderNSE
Niftyclosedat8374points,up111points.
ThetopSensexgainersincludedDrReddy,GAIL,TataPower,HDFC,HDFCBankandRelianceIndustries.
ThetopNiftygainersincludedZEEL,DrReddy,GAIL,BPCLandUltraTechCement.Otherthanrealty,allsectoralindicesgainedand
contributedtotherecoveryprocess.
Thesentimentswereonoptimisticnoteinresponsetothegovernmentstatementthatithascontainedthefiscaldeficitatfourpercentofthe
GDPfor201415,betteringitsownfinancialtarget,saidJayantManglik,PresidentRetailDistribution,ReligareSecuritiesLtd.
Hesaidtherecenttechnicalreboundinindexwasinlinewithexpectations.However,sustainabilityseemsdifficultabove8500inNifty,he
added.
Rupeeweakens21paise
Breakingathreedaywinningspree,theIndianrupeeturnedweakfollowingdemandofdollarfromimportersbutbuyinginstocksprevented
furtherlosses.
Therupeefinallyclosedat63.72ascomparedtoFridayscloseof63.51,down21paiseagainstthedollar.
The10yeargovernmentbondyieldclosedat7.90percent,downfivebasispoints.
Printableversion|May19,20153:58:10AM|http://www.thehindu.com/business/markets/bsesensexroseforthesecondstraight
day/article7219620.ece
TheHindu

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1/1

5/20/2015

Sensexjumps192pointstonearonemonthhighTheHindu

BUSINESSMARKETS

Published:May20,201516:54IST|Updated:May20,201516:55IST
Mumbai,May20,2015

Sensexjumps192pointstonearonemonthhigh
PTI

TheHindu
The30shareSensexcommencedthedayhigherat27,749.30andadvancedtotouchthedayshighof27,903.01.
ThebenchmarkBSESensexonWednesdayrose192pointstoitshighestinnearonemonthat27,837.21,asbluechipsHDFC,Wiproand
TCSgainedonresumptionofbuyingbyforeigninvestorsamidprevailingratecuthopes.
The30shareSensexcommencedthedayhigherat27,749.30andadvancedtotouchthedayshighof27,903.01.However,profitbookingat
higherlevelsinsomecounters,trimmedsomegains.
Theindexfinallysettledhigherby191.68pointsor0.69percentat27,837.21,alevellastseenonApril22.
Thebroadbased50issueNiftyrecapturedthe8,400levelbyclosing57.60pointsor0.69percenthigherat8,423.25.
Itshuttledbetween8,440.35and8,391.45duringthesession.
Forecastofatimelymonsoon,coupledwiththegovernmentcontainingfiscaldeficitat4percentoftheGDPfor201415andcontinuing
hopesofanRBIratecutwereotherpositivefactors.
SharesofHDFCwerethetopperformerattheSensexwithariseof2.11percent
Besides,TataPowerclimbed1.78percentasthecompanypostedconsolidatednetprofitofRs159.14croreforthefourthquarteroffiscal
201415.
OthermajorgainerswereWipro,TCS,HDFCBank,RIL,Infosys,HindustanUnilever,SBI,ICICIBank,SunPharma,GAIL,Cipla,Bharti
Airtel,Vedanta,NTPC,MarutiSuzukiandITC.
However,sellinginBajajAuto,TataSteel,BHEL,Hindalco,TataMotors,M&M,DrReddys,CoalIndia,ONGC,AxisBankandL&Tcapped
theindexsrise.
Printableversion|May21,201512:00:53AM|http://www.thehindu.com/business/markets/sensexjumps192pointstonearonemonth
high/article7227219.ece
TheHindu

http://www.thehindu.com/business/markets/sensexjumps192pointstonearonemonthhigh/article7227219.ece?css=print

1/2

5/22/2015

SensexcloseshighupatonemonthhighTheHindu

BUSINESSMARKETS

Published:May22,201516:43IST|Updated:May22,201516:43IST
Mumbai,May22,2015

Sensexcloses148pointsupatonemonthhigh
PTI
ThebenchmarkBSESensexrecoveredbyover148pointsonFridaytocloseatonemonthhighof27,957.50onacrosstheboardbuyingby
participantsamidrenewedhopesofaratecutandbetterthanestimatedcorporateearnings.
Besides,ahigherclosingatotherAsianmarketsandabetteropeninginEuropeanmarketsinfluencedtradingsentiments,brokerssaid.
The30shareindexopenedhigherandquicklyregainedthecrucial28,000markinafternoontradetohitthedayshighof28,071.16on
optimismoverratecutbytheReserveBankofIndia.
However,profitbookinginbankingcountersdraggeddownthebenchmarkbelowthe28,000markandsettled148.15points,or0.53per
centhigherat27,957.50.
Thegaugehadscaledthe28,000markafteragapofnearlyonemonthasthelasttimeSensextradedabovethismarkwasonApril23.
Onaweeklybasis,theSensexroseby633.50points,or2.31percent,extendingitswinningstreaktothirdstraightweek.
Meanwhile,SBIshares,aftersurgingover5percentonthebackof23percentjumpinstandalonenetprofitinQ4,succumbedtoprofit
bookingathigherlevelsandended2.38percentdownatRs282.45.
ITCLtdendedhigherby0.34percenttoRs328.45aftersoaringtothedayshighofRs333.20aheadofQ4earnings.
Majorgainersamongthe30SensexstockswereHDFCLtd,TCSLtd,SunPharma,ONGC,L&T,BHEL,TataMotors,RIL,GAIL,CoalIndia,
DrReddy,BajajAuto,NTPCandM&M.
Inthe30Sensexconstituents,17endedhigherand12finishedlower.ICICIBankclosedsteadyatRs313.40.
Sectorwise,BSEITindexgainedthemostbyrising0.91percent,followedbyHealthcare(0.86percent),CapitalGoods(0.78percent),Oil
&Gas(0.60percent),Teck(0.60percent),FMCG(0.37percent),Auto(0.27percent)andPower(0.17percent).
Printableversion|May22,20158:42:36PM|http://www.thehindu.com/business/markets/sensexcloseshighupatonemonth
high/article7235259.ece
TheHindu

http://www.thehindu.com/business/markets/sensexcloseshighupatonemonthhigh/article7235259.ece?css=print

1/1

5/27/2015

NasdaqSetsRecordasWallStreetBouncesBack|FoxBusiness

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NasdaqSetsRecordasWallStreetBouncesBack
PublishedMay27,2015

23

Reuters

(REUTERS)

U.S.stocksroseonWednesday,withtheNasdaqCompositesettingarecordclosinghigh,ledbyareboundintechnology
andhealthcarestocksandonoptimismthatGreecewouldavoiddefaultingonitsdebt.
TheDowJonesindustrialaveragerose121.55points,or0.67percent,to18,163.09,theS&P500gained19.29points,or
0.92percent,to2,123.49andtheNasdaqCompositeadded73.84points,or1.47percent,to5,106.59.
(EditingbyNickZieminski)

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1/3

Wall Street Ends Up; Financials Gain With Bond Yields | Fox Business

MARKET UPDATE

Wall Street Ends Up; Financials Gain With Bond Yields

Published June 03, 2015 Reuters

U.S. stocks rose on Wednesday, helped by optimism that Greece was close to an
agreement to avoid default and as further gains in bond yields lifted financials.
The S&P financial index climbed 0.7 percent and was among the day's top sector
performers as U.S. benchmark Treasury debt yields jumped to seven-month highs,
extending recent gains.
Adding to the day's upbeat tone, Greece's international creditors signaled they were
ready to compromise to avert a default even as Athens indicated it might skip an IMF
loan repayment due this week.
"Yields going higher is a net positive for all of the financials. Higher yields on fixed
income translate into higher rates and that increases the net interest margin for
financials," said Michael James, managing director of equity trading at Wedbush

http://www.foxbusiness.com/markets/2015/06/03/us-equity-futures-higher-ahead-trade-deficit-adp/[6/3/2015 5:41:57 PM]

Wall Street Ends Up; Financials Gain With Bond Yields | Fox Business

Securities in Los Angeles.


Economic data bolstered the view the Federal Reserve may consider raising interest
rates later this year, including reports showing the U.S. trade deficit narrowed in April on
a drop in imports and private sector jobs in May.
The Dow Jones industrial average rose 64.33 points, or 0.36 percent, to 18,076.27, the
S&P 500 gained 4.47 points, or 0.21 percent, to 2,114.07 and the Nasdaq Composite
added 22.71 points, or 0.45 percent, to 5,099.23.

More on this...
How High Valuations Impact Wall Street

The Fed, in its Beige Book report, said U.S. economic activity expanded from early April
to late May and growth was expected to continue at a "modest" to "moderate" pace.
The consumer discretionary index rose 0.7 percent.
Ten-year bond yields have risen about 28 basis points in three days, their biggest rise in
a comparable period in nearly two years. While that boosted financials, it weighed on
utilities index for a second day. The index was down 1.4 percent.
Logistics company C.H. Robinson jumped 5.5 percent to $64.62 and was the biggest
daily percentage gainer in the S&P 500. It also lifted the Dow Jones transportation
average, which was up 1.2 percent, bouncing back from near correction territory last
week.
Wendy's rose 3.3 percent to $11.47 after the hamburger chain said it would buy back
$1.4 billion of shares, including some from Nelson Peltz's Trian Group, its largest
shareholder.
Advancing issues outnumbered declining ones on the NYSE by 1,548 to 1,503, for a
1.03-to-1 ratio; on the Nasdaq, 1,908 issues rose and 863 fell for a 2.21-to-1 ratio
favoring advancers.
The S&P 500 posted 11 new 52-week highs and 4 new lows; the Nasdaq Composite 151
new highs and 21 new lows.

http://www.foxbusiness.com/markets/2015/06/03/us-equity-futures-higher-ahead-trade-deficit-adp/[6/3/2015 5:41:57 PM]

Wall Street Ends Up; Financials Gain With Bond Yields | Fox Business

About 6 billion shares changed hands on U.S. exchanges, below the 6.2 billion daily
average for the last five sessions, according to BATS Global Markets.
(By Caroline Valetkevitch; Additional reporting by Tanya Agrawal; Editing by Nick
Zieminski)

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This material may not be published, broadcast, rewritten, or redistributed. 2015 FOX News Network, LLC. All rights
reserved. All market data delayed 20 minutes.

http://www.foxbusiness.com/markets/2015/06/03/us-equity-futures-higher-ahead-trade-deficit-adp/[6/3/2015 5:41:57 PM]

6/10/2015

Sensexrebounds423pointsinlatesession,Niftytops8,100markTheHindu

BUSINESSMARKETS

Published:June10,201515:19IST|Updated:June10,201515:20IST
Mumbai,June10,2015

Sensexrebounds423pointsinlatesession,Niftytops8,100mark
PTI

TheHindu
AfilephotooftheBSEbuilding.
ThebenchmarkBSESensexsurged423pointsandNSENiftyreclaimedthe8,100markduringlatetradeonacrosstheboardbuyingafter
MSCIdeferredinclusionofChinaAstockstoitsbenchmarkindex.
Besides,strengthinrupeeagainsttheAmericancurrencytooinfluencedtradingsentiments.
Therupeewastrading14paisehigheratRs.63.78againstthedollar(intrasession).
The30shareindexafteropeningonastrongfooting,gatheredmomentumonthebackofvaluebuyinginrecentlybetteredbluechipstocks
toquote423pointsor1.59percentat26,904.25points.
Thegaugehadlost1,367.74pointsinthelastsixdays.
Pullbackwassostrongthatall12sectoralindiceswereinthepositivezone.
The50shareNSENiftyrecapturedthe8,100levelbysoaring118.70pointsor1.48percentto8,141.10.
Brokerssaidapartfromvaluebuying,MSCIdeferringinclusionofChinastockstoitsbenchmarkindices,ratheroptingtosortoutregulatory
issues,bolsteredtradingsentiments.
Allthe30Sensexshareswereinthegreeninlatesession.
Printableversion|Jun10,20158:15:03PM|http://www.thehindu.com/business/markets/sensexrebounds423pointsinlatesession
niftytops8100mark/article7301883.ece
TheHindu

http://www.thehindu.com/business/markets/sensexrebounds423pointsinlatesessionniftytops8100mark/article7301883.ece?css=print

1/1

6/10/2015

U.S.StocksPostLargestOnedayGainsSinceEarlyMay|FoxBusiness

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FUTURES

U.S.StocksPostLargestOnedayGainsSinceEarlyMay
PublishedJune10,2015

28

DowJonesNewswires

U.S.stocksralliedonWednesday,withtheS&P500andDowindustrialspostingtheirbiggestonedaygainsinmorethan
amonth.
AnalystsattributedarallyonWallStreettoaonetwopunchofaweakerdollar,whichboostedcommodities,andfresh
hopesthatGreece'screditorswillreleasemorebailoutcash(http://www.marketwatch.com/story/merkelhollandewillingto
meetgreecestsipraswednesday20150610).
TheS&P500,whichstoodaloneamongthemainindexesinekingoutthesmallestofgainsTuesday,gained25.05
points,or1.2%,to2,105.20,withallofits10mainsectorsfinishinghigher.Technologyandfinancialsectorsledgains,
rising1.6%and1.4%respectively.Energysectorsharesalsorallied,up1.2%,thankstorallyinoilprices.
TheDowJonesIndustrialAveragejumped236.36points,or1.3%,to18,000.40,turningpositivefortheyear.TheNasdaq
Compositegained62.82points,or1.3%to5,076.69.
PeterCardillo,chiefmarketeconomistatRockwellGlobalCapital,saidthebounceismostlytechnical,butnewsthat
Greecemaybereachingadealalsoaddedtooptimism.
"Themarketrallyismostlyduetoacombinationofthreethings:theS&P500helditssupportlevelonTuesday,thedollar
weakenedandoilralliedaswellassomepositivenewsfromGreece,"Cardillosaid.

6/10/2015

U.S.StocksPostLargestOnedayGainsSinceEarlyMay|FoxBusiness

JamesAbate,portfoliomanageratCentreFunds,notedthattheeconomyasawholeispickingupfromitswinter
doldrumsandthelabormarketislookingstrong,howeverheislessconvincedaboutstocks.
"Tobebullishinthisenvironmentmeansweshouldexpect[pricetoearnings]expansionandforthattohappenweneed
toseeanincreaseinappetiteforstocksandinterestratestogodown,neitherofwhichislikelytohappen,"Abatesaid.
"Webelievethatmarketisripeforasubstantialcorrection,givenoperatingmarginshavepeakedlatelastyear,"Abate
noted.
Intheabsenceofmajoreconomicnews,equitymarketsfolloweddevelopmentsincurrencyandcommoditymarkets.The
slideinthedollarhelpedboostcommodityprices,whichinturngavealifttoU.S.energyrelatedcompanies.Astrong
dollarhasbeenseenasoneofthefactorshittinggrowthinthefirstquarter,sothenotionthataweakercurrencycould
helpboostexports,invigoratedinvestors.
SharesofenergycompaniesNRGEnergy,Inc.(NRG),TransoceanLtd.(RIG),andHalliburtonCo.(HAL)rallied,gaining
3.2%,1.8%and2.2%respectively.
SharesofTargetCorp.(TGT)rose1%aftertheretailerlateTuesdaysaiditwouldraiseitsquarterlydividendto56cents
(http://www.marketwatch.com/story/targetliftsdividendraisesstockbuybacksto10billion20150610)ashareand
doubletheamountofmoneyavailableforstockbuybacksto$10billion.Thecompanyinadvertentlypostedanewsrelease
announcingthemovesearlierinthedayonitswebsite,beforequicklytakingitdown.
OxfordIndustriesInc.(OXM)climbed4.4%aftertheclothingretailerlateTuesdayreportedearningsthattoppedanalyst
estimates.
SharesofNetflixInc.(NFLX)jumped3.7%to$671.10,hittinga52dayweekhigh,seeminglyonspeculationcompanymay
announceastocksplitsoon.
Followtheday'sbigstockmoveshere(http://www.marketwatch.com/story/krispykrememenswearhouseboxsearnings
comeintofocus20150610).
Othermarkets:Thedollarweakenedagainsttheyen(http://www.marketwatch.com/story/yengetsaboostfromboj
kurodasremarks20150610)aftercommentsfromBankofJapanGov.HaruhikoKuroda,whosuggestedtheJapanese
currencywon'tfallfurtherastheeffectiveexchangerateisalready"veryweak".
ThegreenbackboughtYen122.63,downfromYen124.35lateTuesdayinNewYork.
Morebroadly,thedollardivedagainstmostothermajorcurrencies,withtheICEdollarindexshavingoff0.6%to94.56.
German10yearbundyieldsbrokeabove1%(http://www.marketwatch.com/story/german10yearbondyieldjumps
above1forfirsttimesincesept201420150610491044)forthefirsttimesinceSeptember2014,amidawiderselloffin
theEuropeanandU.S.bondmarkets.U.S.Treasuryyieldalsorose(http://www.marketwatch.com/story/treasuryskeep
fallingasgermanyieldtops120150610),withtheyieldona10yearnoterising4basispointsto2.48%.
Europeanstockmarketsclosedhigher(http://www.marketwatch.com/story/europeanstockswobbleasgermanyields
spikeabove120150610)asinvestorscontinuedtomonitordevelopmentsinGreece'snegotiationswithinternational
lenders.StockmarketsinAsiaclosedmixed.
Crudeoil(http://www.marketwatch.com/story/oilpricesclimb2near62abarrel20150610)settledatthehighestlevel
thisyear,rising2.1%to$61.43abarrel,aftersixthstraightweeklyoilsupplydrop.Goldprices
(http://www.marketwatch.com/story/goldaimsforthirddayofgains20150610)roseforthethirdstraightsession,gaining
0.8%to$1,186.60anounce.
(ByAnoraMahmudovaandSaraSjolin)

StocksgaininearlytradinginUSafterstrongreportonretailsales,hopeforGreekdeal|FoxBusiness

6/11/2015

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TREASURIES

StocksgaininearlytradinginUSafterstrongreportonretail
sales,hopeforGreekdeal
PublishedJune11,2015

18

AssociatedPress

NEWYORKU.S.stocksroseearlyThursdayafteranencouragingreportonretailsalesandhopethatGreecewon't
defaultonitsdebt.All10industrysectorsoftheStandard&Poor's500indexwereup.Technologystockshadsomeofthe
biggestgains.

KEEPINGSCORE:TheS&P500climbedeightpoints,or0.4percent,to2,113asof9:56a.m.Easterntime.TheDow
Jonesindustrialaveragerose84points,or0.5percent,to18,084.TheNasdaqcompositerose21points,or0.4percent,
to5,096.
SPENDINGMORE:Americansrampeduptheirspendingonautos,buildingmaterialsandclothinginMay,asignthat
strongjobgrowthisstartingtoboostsalesatstores.Retailsalesclimbed1.2percentinMay,theCommerceDepartment
said.Saleshaverisen2.7percentoverthepast12months.
GREEKGAINS:HopesrosethatGreecemightbeabletoreachadealtogetrescueloansandavoidadefaultthis
summer.Greekstocksjumped9percentafterseveraltopofficials,includingGermanChancellorAngelaMerkel,said
Greecehadcommittedtoreachingacompromiseincomingdays.Suchoptimismhasprovedunfoundedinthepast,but
pressureisgrowingonGreece,whichdoesnothavethemoneytomeetdebtrepaymentsdueattheendofJune.
EUROPERISING:France'sCAC40added1.4percentwhileGermany'sDAXrose1.3percent.Britain'sFTSE100wasup
0.4percent.
RATECUTS:SouthKorea'scentralbanklowereditskeyinterestratetoahistoriclowof1.5percent,partlybecauseof
concernstheoutbreakofthedeadlyMERSviruscouldslowtheeconomy.NewZealand'scentralbankcutitsbenchmark
interestratebyaquarterofapointto3.25percentasfarmersgrapplewithpricedropsformilkexports.
ASIA'SDAY:Japan'sbenchmarkNikkei225rose1.7percent.SouthKorea'sKospiadded0.3percentandHongKong's
HangSengrose0.8percent.TheShanghaiCompositeinchedup0.3percent.Australia'sS&P/ASX200climbed1.4
percent.
CURRENCIES:Theeurofellto$1.1227from$1.1348lateWednesday.Thedollarwaslittlechangedat123.67yen.
ENERGY:BenchmarkU.S.crudewasdown78centsto$60.65abarrelinNewYork.
BONDS:Bondpricesrose.Theyieldonthe10yearTreasurynotefellto2.45percent.OnWednesdaytheyieldroseas
highas2.49percent,itshighestleveloftheyear.Investorshavebeensellinggovernmentbonds,pushingyieldshigher,as
optimismabouttheU.S.economygrows.

MorefromFoxBusiness
http://www.foxbusiness.com/markets/2015/06/11/stocksgaininearlytradinginusafterstrongreportonretailsaleshopefor/

1/3

6/12/2015

Sensexcloses54ptshigheronfagendbuyinginbluechipsTheHindu

BUSINESSMARKETS

Published:June12,201517:33IST|Updated:June12,201517:34IST
Mumbai,June12,2015

Sensexcloses54ptshigheronfagendbuyinginbluechips
PTI
ThebenchmarkBSESensexrecoveredover54pointstocloseat26,425.30onfagendbuyinginsomebluechips,ledbybanking,powerand
oil&gassectorstocks,andaheadofretailinflationandIIPdatatobereleasedonFriday.
However,concernsoveraweakmonsoonandslowcreditgrowth,keptinvestorscautious.
SentimentswerebuoyedafterFinanceMinisterArunJaitleysaidbankshavepromisedgreaterratecutsincomingweeks,brokerssaid.
SharesofpetrochemicalsgiantRelianceIndustriesended1.36percenthigheratRs889.15afterthecompanysaiditwillcommerciallystart
itsmuchawaited4GtelecomservicesbyDecember.
ThecompanyalsoplanstocompleteprojectsworthoverRs2lakhcroreinthecrudeoilandpetrochemicalbusinessoverthenext1218
months.
TheSensexresumedlowerat26,340.32andslippedtohitthedayslowof26,307.07pointsinearlytradeonsustainedcapitaloutflows.
However,itwipedoffinitiallossesonvaluebuyingcoupledwithcoveringupofshortpositionsbyspeculatorsatprevailinglevelsand
reboundedtotouchsessionshighof26,489.58beforeendingat26,425.30,showingagainof54.32points,or0.21percent.
Ithadlost469.52pointsinThursdaystrade.
Onaweeklybasis,the30shareSensexfellby343.19points,or1.28percent,tocompletethirdconsecutiveweekoflosses.
Similarly,theCNX50shareNiftyroseby17.55points,or0.22percent,toendat7,982.90aftershuttlingbetween7,995.60and7,940.30.
AmongSensexstocks,BajajAutoemergedasthemajorgainerbysurging3.53percenttoRs2,285.55,followedbyTataPowerby3.49per
centtoRs72.60.
Otherprominentgainersinthe30shareindexincludedICICIBank,BHEL,HDFCLtd,Cipla,MarutiSuzuki,BhartiAirtel,HDFCBank,Axis
Bank,M&MandGAIL.
ThemajorSensexloserswereTCS,Hindalco,TataMotors,VedantaLtd,Wipro,InfosysandL&T.
Printableversion|Jun12,20158:00:09PM|http://www.thehindu.com/business/markets/sensexcloses54ptshigheronfagendbuying
inbluechips/article7309784.ece
TheHindu

http://www.thehindu.com/business/markets/sensexcloses54ptshigheronfagendbuyinginbluechips/article7309784.ece?css=print

1/1

6/15/2015

Sensexends161ptsuponencouragingeconomicdata

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Sify.com/Finance/Sensex/Sensexends161ptsuponencouragingeconomicdata

Sensexends161ptsuponencouraging
economicdata
Source: SIFY

0Comments

LastUpdated:Mon,Jun15,201516:21hrs

mostpopularonfacebook

Thestartwasabitlistlessandnegativeduetoweakglobalcues,buttheIndianstock
marketralliedsmartlythereafterwithinvestorsreactingpositivelytothedataon
industrialoutputandwholesalepriceinflationandeventuallyendedthedaywithsolid
gainsdespitesettlingofftheday'shighs.

Greece'sdebtwoesthatdraggedtheU.S.marketsdownonFriday,hurtAsianand
Europeanmarketstoday,butthemoodbackhomewasfairlyupbeat,saveforthe
firstfewminutes.
TheBSEbenchmarkSensexendedthedaywithagainof161.25pointsor0.61%at
26,586.55,afterscalingahighof26,728.60intraday.TheNiftyindexoftheNational
StockExchange,whichadvancedto8057.70,closedat8013.90,gaining31pointsor

talkingpointonsifyfinance

0.39%.
IsModi'sGuinnessRecordJanDhanscheme
turningsour?
2comments30minutesago

0
Like

Healthcare,automobileandoilstockswereamongthemostimpressivegainers
today.Capitalgoodsandrealtystocksstartedoffonafirmnote,butgaveupmostof
theirgainsasthesessionprogressed.

Nestlecould'veavoidedMaggimesswithRs
25000fine!
11comments13hoursago

0
Tweet

FMCG,informationtechnology,bankandpowerstocksclosedonamixednote,
whilecement,metalandconsumerdurablesstockswereweak.

U.S.testingNestle'sMagginoodlesafterIndia
recall
5comments4daysago

SunPharmaceuticalIndustriesendednearly3%up.Mahindra&Mahindra,Bajaj

MysteriousdeathofIndianbankerinUSand

AutoandHDFCgained2%2.5%.RelianceIndustries,ONGC,ICICIBankandTata

thequestionsitraises

Motorsmovedup1%1.5%.

14comments1weekago

Instillfearofjailandsocialcensureintax

http://www.sify.com/finance/sensexends161ptsuponencouragingeconomicdatanewssensexpgpqvchbjfiea.html

1/3

6/15/2015

Sensexends161ptsuponencouragingeconomicdata
GAILIndia,HindustanUnilever,MarutiSuzuki,Larsen&Toubro,WiproandCipla

evaders:CBDT

alsoclosedhigher.ITCandInfosysedgedupmarginally.

8comments1weekago

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PoweredbyDisqus

CairnIndiaended3.2%up.CairnIndiaandVedantaannouncedonSundaythetwo
Print

companieswillmerge.SharesofVedantastartedoffonafirmnotebutretreated
subsequentlyandfinallyended1.5%down.Accordingtotheproposal,eachCairn
IndiashareholderwillgetoneequityshareofVedantabesidesa7.5%redeemable
preferenceshareofafacevalueofRs10.Thedealisexpectedtocloseinthefirst
quarterofnextfiscal.
IdeaCellulargained3.2%.ZeeEntertainmentEnterprises,HCLTechnologiesand
NMDCmovedup1%1.6%.TechMahindraended0.7%up.
PowerGridCorporationdeclined2.8%onreportsthegovernmentplanstooffload
5%stakeinthecompanyviadivestment.
BankofBaroda,Hindalco,ACC,IndusIndBank,KotakBank,StateBankofIndia,
UltraTechCement,AmbujaCements,AsianPaintsandPunjabNationalBank
declined1%2.5%.
YesBank,TataPower,HDFCBank,BhartiAirtelandTataSteelalsoclosedweak.
Themarketbreadthwasmarginallypositive.
AccordingtothedatareleasedbythegovernmentonFriday,India'sindustrial
productiongrewbyamorethanexpeced4.1%(yearonyear)inApril2105.Strong
manufacturingoutputitwasup5.1%contributedtothenotablesurgeinindustrial
production.ThegovernmentrevisedupwardMarchproductiongrowthto2.5%
percent,fromearlier2.1%.
Meanwhile,consumerpriceinflationrose5.01%inMay,raisingfromafourmonth
low,datareleasedonFridayshowed.
Accordingtoareportreleasedtoday,India'swholesalepricescontinuedtofallin
May.Thewholesalepriceindexdeclined2.36%inMayfromlastyear,followinga
2.65%dropinApril.

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Sensexup163pts
asstocksrebound
afterweakstart

Buyinggold?Don't
failtoaskthese
questions!

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commercial
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ends246ptsdown byDecember
http://www.sify.com/finance/sensexends161ptsuponencouragingeconomicdatanewssensexpgpqvchbjfiea.html

2/3

6/16/2015

Sensexjumps161pointsonstrongfactory,stableinflationdata|BusinessLine

Sensexjumps161pointsonstrongfactory,stableinflationdata
OurBureau/Agencies

Mumbai,June15:
BoththeSensexandNiftyjumpedonMonday,buckingasoftertrendinglobalmarkets,asbluechipsadvancedon
strongfactoryandstableinflationdata,whilevaluebuyingafterthreeconsecutiveweeklydeclinesalsohelped.
Thecountry'sfactoryoutputgrewmorethanexpectedinApril,reachingatwomonthhigh,andretailinflationedged
up,whilewholesalepricesfellatanannualrateof2.36percentinMay,easingconcernoveraneconomyfacingthe
worstdroughtsince2009.
The30shareBSEindexSensexjumped161.25pointsor0.61percentto26,586.55andthe50shareNSEindexNifty
gained31pointsor0.39percentto8,013.90.
AmongBSEsectoralindices,autoindexwasthestarperformerandwasup1.12percent,followedbyhealthcare0.96
percent,oil&gas0.87percentandTECk0.54percent.Ontheotherhand,consumerdurablesindexwasdown0.83
percent,followedbymetal0.62percent,power0.48percentandbanking0.4percent.
TopfiveSensexgainerswereSunPharma(+2.95%),BajajAuto(+2.13%),M&M(+2.12%),HDFC(+2.07%)and
Reliance(+1.33%),whilethemajorloserswereHindalco(1.97%),VEDL(1.49%),SBIN(1.34%),TataPower
(0.69%)andNTPC(0.66%).
AreportbySMCinvestmentsandAdvisorssaid:"Asianstocksnursedlossesearlytodayaftertalksaimedatreachinga
dealbetweenGreekministersandtheirbailoutcreditorscollapsedovertheweekend.USstocksclosedloweron
Friday,ascontinueduncertaintyoverGreecepressuredstocksandinvestorskeptaneyeonacalmerbondmarket
aheadofnextweek'sFederalReservemeeting.USproducerpriceindexforfinaldemandroseby0.5percentinMay
followinga0.4percentdropinApril.Economistshadexpectedpricestoincreaseby0.4percent.Thereboundin
energypricesledtothebiggerthanexpectedincreaseinproducerprices,withenergypricessurgingupby5.9percent
inMayaftertumblingby2.9percentinApril."
Globalmarkets
FailureinthelatesttalksaimedatavertingaGreekdefaulthurtsharesinEuropeandAsiaonMonday,droveinvestors
intothesafetyoflowriskgovernmentbondsandweighedontheeuro.
AscontagionfromthecollapseofSundaystalksspreadacrossmarkets,premiuminvestorsdemandtoholdSpanish
10yearbondsoverGermanBundshititshighestsinceAugust.
(ThisarticlewaspublishedonJune15,2015)
Printableversion|Jun17,20158:28:04AM|http://www.thehindubusinessline.com/markets/stockmarkets/sensexup130pointsamidweakasian
cues/article7317671.eceTheHinduBusinessLine

http://www.thehindubusinessline.com/markets/stockmarkets/sensexup130pointsamidweakasiancues/article7317671.ece?css=print

1/1

6/16/2015

WallStreetRisesonMergerActionDespiteGreekWorries|FoxBusiness

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MARKETUPDATE

WallStreetRisesonMergerActionDespiteGreekWorries
PublishedJune16,2015

79

Reuters

U.S.stocksroseonTuesdayfollowingbacktobackdailydeclines,withmergeractivitymorethanoffsettingmarket
concernsasGreecestrugglestoavoidadefaultonitsdebt.
TradersalsokeptaneyeoninterestratesasatwodaypolicysettingmeetingattheFederalReservegotunderway.
DespitethecollapseoftalksbetweenAthensanditsEuropeanandIMFlendersovertheweekend,GreekPrimeMinister
AlexisTsiprastoldU.S.TreasurySecretaryJackLewthatAthensaimedtoreachadeal.Lewsaidfailuretoreachan
agreementwouldcreatebroaduncertaintiesfortheglobaleconomy.
"Themarketseemstobepricinginapossibility,overpricing,aGreeceexit,"saidArtHogan,chiefmarketstrategistat
WunderlichSecuritiesinNewYork.
HesaidhedoesnotexpectasurprisetothemarketfromtheFedintermsofaratehike,orfromaGreekdefault.
"Financialshavebeenleadinganddividendpayershavesoldoff.Thattradeprobablyunwindsifthereisasurprise,"he
said.
TheDowJonesindustrialaveragerose113.31points,or0.64percent,to17,904.48,theS&P500gained11.86points,or
0.57percent,to2,096.29andtheNasdaqCompositeadded25.58points,or0.51percent,to5,055.55.
http://www.foxbusiness.com/markets/2015/06/16/usequityfutureslowerongreececoncerns/?intcmp=bigtopmarketfeaturesside

1/4

6/16/2015

WallStreetRisesonMergerActionDespiteGreekWorries|FoxBusiness

Stockshadopenedlowerbutquicklyturnedhigheranddriftedupthroughoutthedaytoclosenearthesession'shigh.
Consumerstaplesleadthewayup,withCotysharesatarecord,closingup19.3percentat$31.08.Cotyisontracktobuy
Procter&Gamble'sbeautybusinessina$12billiondeal.P&Gsharesclosedup1.3percentat$79.10.
Inothermergernews,sharesofNCRCorphita14monthhighof$36.50.ReutersreportedBlackstoneandCarlyleare
makingajointbidforNCRinwhatwouldbetheyear'sbiggestleveragedbuyoutatmorethan$10billion,includingdebt.
NCRclosedup10.7percentat$34.73whileBlackstonefell0.6percentto$41.98andCarlylerose0.8percentto$28.41.
ThechancethattheFedWednesdaywillgivemoreclarityonthetimingofitsexpectedratehikewasseenasacatalystfor
moretakeoverdeals.
"RisingratescouldbeatriggerforevenmoreM&Aactivity,"saidBrianJacobsen,chiefportfoliostrategistatWellsFargo
FundsManagementinMenomoneeFalls,Wisconsin.
"Theyareasignalthatnow'sthetimetogetthedealsdoneifyouaregoingtodothemwithcheapfinancing."
AdvancingissuesoutnumbereddecliningonesontheNYSEby1,946to1,104,fora1.76to1ratioontheupsideonthe
Nasdaq,1,635issuesroseand1,158fellfora1.41to1ratiofavoringadvancers.
ThebenchmarkS&P500indexposted8new52weekhighsand4newlowswhileontheNasdaqCompositetherewere
138newhighsand37newlows.
About5.5billionshareschangedhandsonU.S.exchanges,belowthe5.98billiondailyaveragesofarthismonth,
accordingtoBATSGlobalMarkets.
(ReportingbyRodrigoCamposEditingbyNickZieminski)

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http://www.foxbusiness.com/markets/2015/06/16/usequityfutureslowerongreececoncerns/?intcmp=bigtopmarketfeaturesside

2/4

6/16/2015

Sensexclimbs100pointsonlatebuyinginbank,autostocksTheHindu

BUSINESSMARKETS

Published:June16,201517:16IST|Updated:June16,201517:16IST
Mumbai,June16,2015

LatebuyingpushesSensexupby100points
PTI
Outof30shareSensex,22stocksendedwithgains.
ThebenchmarkBSESensexonTuesdayroseby100pointsto26,686.51onfagendbuyinginbanksandautostocksastradedeficit
narrowingtoathreemonthslowinMaybolsteredtheoutlookforcountryscurrentaccountbalance.
Sentimentsturnedpositivefollowingrevivalofbuyingbyparticipantsaftertradedeficitnarrowedto$10.4billioninMayagainst$11.2
billioninthesamemonthayearago,equitybrokerssaid.
Globally,Asianmarketsretreatedforthesecondstraightsession,trackingaglobalselloffasGreecestrugglestofindacompromisewithits
creditors.
The30shareBSEIndexinlatemorningtradefellover200pointstodayslowof26,379.93pointsasparticipantsbookedprofitsaftertwo
straightsessionsofgains.
Aftermidsession,theindexreboundedonbuyinginselectkeycounterstohithighof26,731.35andfinallysettledwithagainof99.96points
or0.38percentat26,686.51.
The50issueNSENiftymovedupby33.40pointsor0.42percenttoendat8,047.30.Duringthedayithaddippedbelowthe8,000markto
touchalowof7,952.35.
TataPowerwasamongthemostsoughtafterstocksasitclosedupby2.57percenttoRs73.95largelysupportedbycoveringupofshort
positions,followedbyBajajAutoat2.44percenttoRs2,391.35.
HindustanUnilever,SBI,NTPC,TataMotors,HeroMotoCorp,M&M,ICICIBank,SBI,AxisBank,HDFCBank,Infosys,Hindalco,Maruti
Suzuki,Cipla,CoalIndia,L&T,RILandONGCalsonotchedhandsomegainsandsupportedtheSensexrise.
Outof30shareSensex,22stocksendedwithgains.
Sectorwise,BSEconsumerdurablesindexgainedthemostbyrising1.18percent,followedbyauto(1.08pc),bankingindex(0.87pc)and
power(0.73pc).
Printableversion|Jun17,20158:27:01AM|http://www.thehindu.com/business/markets/sensexclimbs100pointsonlatebuyingin
bankautostocks/article7322163.ece
TheHindu

http://www.thehindu.com/business/markets/sensexclimbs100pointsonlatebuyinginbankautostocks/article7322163.ece?css=print

1/1

6/17/2015

WallStreetEndsHigherinChoppyPostFedTrading|FoxBusiness

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WallStreetEndsHigherinChoppyPostFedTrading
PublishedJune17,2015

19

Reuters

(Reuters)

U.S.stocksendedslightlyhigherfollowingachoppysessionWednesdayaftertheFederalReservesaidtheU.S.economy
islikelystrongenoughtowithstandaninterestratehikelaterthisyear.
EvenifamajorityofFedofficialscontinuetoseehigherratesbytheendof2015,theyexpectratestoriseslightlylessby
theendof2016and2017thantheydidintheirMarchforecasts.
Thatviewonratessawhighyieldingstocksgain,withtheS&P500utilitiessectorup0.9percentafterhittingonTuesday
itslowestsincelateSeptember.
StockswithhigherdividendyieldsattractinvestorswhenthereisanexpectationthatTreasuryyieldswillfall,orinthis
case,remainrelativelylow.
"TheFedistalkingaboutthelabormarkettighteningsomewhat,whichseemstobeahintthatitisastepclosertoraising
rates.Atthesametime,itseemsliketherewasanotchingdownofthemagnitudeofratehikeexpectations,"saidNick
Kalivas,seniorequityproductstrategistatInvescoPowerSharesinDownersGrove,Illinois.
"Thosetwothingsarewhatiscausingstockstogobackandforth."
MajorindexeswerevolatilefollowingtheFedstatement.Stocksinitiallyaddedtolosses,thenhitsessionhighsasFed

http://www.foxbusiness.com/markets/2015/06/17/usequityfutureshigheraheadfomcstatement/

1/4

6/17/2015

WallStreetEndsHigherinChoppyPostFedTrading|FoxBusiness

MajorindexeswerevolatilefollowingtheFedstatement.Stocksinitiallyaddedtolosses,thenhitsessionhighsasFed
ChairJanetYellenspoketothemediainafollowuptothestatement.Theylostmorethanhalftheday'sgainsatthe
close.
TheS&P500hashoverednearthe2,100levelformorethanamonthassentimentshiftsbetweenhopesforastronger
economyandfearsoftheeffectofrisingratescoupledwithhighvaluations.
AttheclosingbellonWednesday,theDowJonesindustrialaveragerose31.26points,or0.17percent,to17,935.74,the
S&P500gained4.15points,or0.2percent,to2,100.44andtheNasdaqCompositeadded9.33points,or0.18percent,to
5,064.88.
Atitssessionhigh,theS&Phadbeenup0.5percent.
Addingtosupportforequities,investorshaveseentheproximityofrisingratesasatriggerformoreM&Aactivity,with
mergersandacquisitionsalreadyatrecordlevels.
AwayfromtheFed,FedExfell3percentto$176.73afterthepackagedeliveryfirmreportedaquarterlynetloss.
Oraclesharesfellnearly7percentinafterhourstradingaftertheenterprisesoftwareandcomputerhardwarecompany
missedrevenueexpectations.
Duringregularmarkethours,advancingissuesoutnumbereddecliningonesontheNYSEby1,606to1,446,fora1.11to
1ratioontheupsideontheNasdaq,1,441issuesfelland1,301advancedfora1.11to1ratiofavoringdecliners.
TheS&P500posted22new52weekhighsand3newlowstheNasdaqCompositerecorded145newhighsand34new
lows.
About6.1billionshareschangedhandsonU.S.exchanges,abovethe5.94billiondailyaveragesofarthismonth,
accordingtoBATSGlobalMarkets.
(ByRodrigoCamposAdditionalreportingbyRyanVlastelicaEditingbyMeredithMazzilliandNickZieminski)

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2/4

6/17/2015

AheadofFedmeet,Sensextrendsup170pointsTheHindu

BUSINESSMARKETS

Published:June17,201510:01IST|Updated:June17,201510:01IST
Mumbai,June17,2015

AheadofFedmeet,Sensextrendsup170points
PTI

Reuters
The30sharebarometerrose170.86points.
Continuingitswinningstreakforthefourthstraightsession,thebenchmarkBSESensexsurgedover170pointsinearlytradeonWednesday
onsustainedbuyingbyinvestorsinbluechipstocksamidafirmingtrendinAsianmarketsaheadofUSFedpolicyannouncement.
The30sharebarometerrose170.86points,or0.64percent,to26,857.37.Thegaugehadgained315.53pointsinthepastthreestraight
sessions.
StocksofHindUnilever,TataSteel,Cipla,Infosys,CoalIndia,DrReddys,HDFC,HeroMotoCorp,Wipro,BhartiAirtel,TCSandSunPharma
weretradinginthepositivezonewithgainsupto2.31percent.
TheNSENiftytooadvanced45.25points,or0.56percent,totradeat8,092.5.
Brokerssaidcontinuedbuyingbyinvestorsfollowingreportsofabovenormalprogressinmonsoonsofarandnarrowingoftradedeficittoa
threemonthlowinMayliftedmarketsentiment.
AfirmingtrendinotherAsianmarkets,trackingovernightgainsinUSmarketsaheadofanoutcomeofFederalReservepolicymeet,too
supportedtheupsideinthedomesticmarkets,theysaid.
AmongotherAsianmarkets,JapansNikkeiwasupby0.24percentwhileHongKongsHangSengrose0.32percentinearlytradeon
Wednesday.
TheUSDowJonesIndustrialAverageended0.64percenthigherinTuesdaystrade.
Printableversion|Jun18,20156:03:20AM|http://www.thehindu.com/business/markets/aheadoffedmeetsensextrendsup170
points/article7324979.ece
TheHindu

http://www.thehindu.com/business/markets/aheadoffedmeetsensextrendsup170points/article7324979.ece?css=print

1/1

6/18/2015

NasdaqHitsRecordWallStreetRalliesonStrongData|FoxBusiness

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NasdaqHitsLifetimeHigh,FirstinMoreThan15Years

MorningOutlook

MARKETUPDATE

NasdaqHitsRecordWallStreetRalliesonStrongData
PublishedJune18,2015

33

Reuters

(Reuters)

TheNasdaqCompositeclosedatarecordonThursdaywithstocksonWallStreetboostedbystrongeconomicdata.
TheDowJonesindustrialaveragerose178.83points,or1percent,to18,114.57,theS&P500gained20.57points,or
0.98percent,to2,121.01andtheNasdaqCompositeadded68.07points,or1.34percent,to5,132.95.
(ReportingBySineadCarewEditingbyNickZieminski)
ThestorybelowisanearlierreportedversionfromReuters.
TheNasdaqCompositeindexsurpassedthe15yearalltimehighitsetduringthepeakofthedotcombubbleasmore
dataonThursdayshowedtheU.S.economywasgatheringsteam.
Theindexhit5,143.31,toppingtheprevioushighof5,132.52ittouchedonMarch10,2000.TheS&PandDowwereat
theirhighestlevelsinaboutamonth.

http://www.foxbusiness.com/markets/2015/06/18/dovishfedsendsusequityfutureshigher/?intcmp=bigtopmarketfeatures

1/4

6/18/2015

theirhighestlevelsinaboutamonth.

NasdaqHitsRecordWallStreetRalliesonStrongData|FoxBusiness

Moreonthis...
Fedstayingpatonrates
FedSentimentSignalsBuyingOpportunity

BrianFenske,headofsalestradingatITGinNewYork,saidtheNasdaqwasonfirmerfootingandtherewereno
similaritiesbetweenitsrallyin2000andthesurgeinrecentmonths.
"Thecurrentrallyismoredurable.Itisincrediblytoughtogopublicinthismarket.Wejustdidn'thavethiskindofscrutiny
backin2000,"saidFenske.
U.S.stocksbrieflyextendedtheirrallyonanunconfirmedreportinGermandaily,DieZeit,thatGreece'saidwillbe
extendeduntilyearendbuttheIMFwouldnottakepartinthefinancingforthe"timebeing".
GreekFinanceMinisterYanisVaroufakispresentednewproposalstocounterpartsintheeurozonemeetingin
Luxembourg,aGreekgovernmentofficialsaid.
TheFedsaidonWednesdaythattheU.S.economywaslikelystrongenoughtowithstandaninterestrateincreaselater
thisyearbutcutitseconomicgrowthforecastsfor2015.
EventhoughamajorityofFedofficialscontinuetoseehigherratesbytheendof2015,theyexpectratestoriseslightly
lessbytheendof2016and2017thantheydidintheirMarchforecasts.
U.S.consumerpricesinMayrecordedtheirlargestincreaseinmorethantwoyearsasgasolinepricessurged,while
factoryactivityintheU.S.midAtlanticregionexpandedinJuneatafasterpacethanexpected.
Otherdatashowedthelabormarkettightenedasfirsttimeapplicationsforunemploymentbenefitsdeclinedtoanear15
yearlowlastweek.
At13:31p.m.ET(1731GMT)theDowJonesindustrialaveragewasup188.94points,or1.05percent,at18,124.68,the
S&P500wasup19.16points,or0.91percent,at2,119.6andtheNasdaqCompositewasup63.62points,or1.26
percent,at5,128.50.
Allthe10majorS&P500sectorswerehigherwiththehealthindexleadingwitha1.4percentrise.
Microsoft's1.4percentriseliftedtheNasdaqandtheS&P500,while3M's1.9percentgainwasthebiggestboosttothe
Dow.All30Dowcomponentswereintheblack.
Fitbitsharesranupasmuchas60percentto$31.90intheirdebut,valuingthemakerofpopularwearablefitnesstracking
devicesat$6.5billion.
Oraclesharesfellasmuchas8.7percentto$40.97anearlysixmonthlowadayafterthecompanyforecastaquarterly
profitbelowanalysts'estimates.
AdvancingissuesoutnumbereddeclinersontheNYSEby2,228to775.OntheNasdaq,1,978issuesroseand761fell.
TheS&P500indexshowed40new52weekhighsandtwonewlows,whiletheNasdaqrecorded144newhighsand25
newlows.
(ReportingbyTanyaAgrawalEditingbyDonSebastian)
http://www.foxbusiness.com/markets/2015/06/18/dovishfedsendsusequityfutureshigher/?intcmp=bigtopmarketfeatures

2/4

6/22/2015 SentimentwasalsoboostedbyfirmglobalcuesafterGreecegaveitscreditorsnewproposalsonreformingbailout,fuellinghopesofavertingadefaultan

BUSINESSMARKETS

Published:June22,201517:11IST|Updated:June22,201517:11IST
NEWDELHI,June22,2015

Sensexsurges414pointsonmonsoonrelief,rallyinrealty,banks
PTI
Risesfortheseventhstraightsession,hopesreviveforaRBIratecut
Risingfortheseventhstraightsession,thebenchmarkBSESensexonMondaysurgedby414pointsto27,730.21onrallyinrealtyandbanks
sharesasabovenormalmonsoonreignitedhopesofaReserveBankofIndia(RBI)ratecut.
Inlastsevensessions,theindexhasgained1,359.23points,itslongestwinningrunsinceFebruary.
ThesentimentwasalsoboostedbyfirmglobalcuesafterGreecegaveitscreditorsnewproposalsonreformingbailout,fuellinghopesof
avertingadefaultandpossibleexitfromtheeurozone.
Optimismreignited
AbetterthanforecastedmonsoonhasreignitedtheoptimismamongstmarketparticipantsthataratecutbytheRBImaybeapossibility,if
themonsoontrendsustains,saidHiteshAgrawal,HeadResearchofRelianceSecurities.
Positiveterrain
The30shareBSEindexresumedhigherandremainedinthepositiveterrainthroughouttheday.Ithitanintradayhighof27,782.31before
endingat27,730.21,asteepriseof414.04pointsor1.52percentitsbiggestsingledaygainsinceMay8whenitsurgedby506.28.
Thebroader50issueNSENiftyreclaimedthe8,300marktohitanintradaypeakat8,369.45andsettledat8,353.10,showingasignificant
riseof128.15pointsor1.56percent.
Ofthe30Sensexstocks,25endedwithgains.
Topgainers
TopgainersamongSensexincludedAxisBank,whichsurged3.62percentandICICIBankzoomed3.46percent.
Amongsectoralindices,realtyrosethemostbysurging5.05percent,followedbybankex2.62percent,consumerdurables2.42percent,IT
1.86percent,power1.67percent,FMCG1.39percent,metal1.13percentandauto1percent.
Midcapindexrose1.49percentandsmallcapgained1.40percent.
Meanwhile,foreigninvestorssoldsharesworthRs.106.12croreduringFridaystrading.
Asianboursesendhigher
Globally,Asianboursesendedhigher,whileEuropeanmarketswereingreenzoneinopeningtrade.
Printableversion|Jun22,20159:39:40PM|http://www.thehindu.com/business/markets/sensexsurgesmonsoonreliefrallyinrealty
banks/article7342418.ece
TheHindu

http://www.thehindu.com/business/markets/sensexsurgesmonsoonreliefrallyinrealtybanks/article7342418.ece?css=print

1/1

6/22/2015

WallStreetuponGreeceHopesNasdaqHitsRecord|FoxBusiness

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WallStreetuponGreeceHopesNasdaqHitsRecord
PublishedJune22,2015

11

46

Reuters

(Reuters)

U.S.stocksendedhigheronMonday,withtheNasdaqclosingatarecordashopesgrewthatadealwouldbereachedto
preventGreecefromdefaultingonloans.
EquitieshavebeenlargelydrivenbythesituationinGreeceoflate,withinvestorsconcernedthatifthecountrydefaultson
itsloans,itmayhavetoleavetheeuroortheEuropeanUnion,potentiallyshakingtheregion'seconomicfoundations.
AthenspresentednewreformproposalswhichwerecautiouslywelcomedbyeurozonefinanceonMonday,thoughthe
Eurogroupsaidtheproposalsrequireddetailedstudyandthatitwouldtakeseveraldaystodeterminewhethertheycan
leadtoanagreement.Greeceneedsfreshfundstoavoiddefaultingona$1.8billiondebtrepaymenttotheInternational
MonetaryFundonJune30.
"Thistakesoneanxietyoffthetable,evenifitdoesn'tyetresolvetheprimaryissuesthatmadeinvestorsanxiousinthe
firstplace,"saidBruceMcCain,chiefinvestmentstrategistatKeyPrivateBankinCleveland,Ohio.
Sentimentwasalsoliftedbymergerandacquisitionactivity.TheS&Penergyindex<.SPNY>rose1percentasthetop
performingsectorofthedayafterEnergyTransferEquityLP<ETE.N>confirmedithadmadea$48billionunsolicitedbid
forWilliamsCompaniesInc<WMB.N>,hoursafterWilliamsrejectedtheofferassignificantlytoolow.

http://www.foxbusiness.com/markets/2015/06/22/usstockindexfutureshigherongreecehopes/?intcmp=bigtopmarketfeaturesside

1/4

6/22/2015

WallStreetuponGreeceHopesNasdaqHitsRecord|FoxBusiness

SharesofWilliamssurged26percentto$60.90andwerethebiggestpercentagegainerontheS&P500byfar.
Separately,CignaCorp<CI.N>rose4.8percentto$162.65afterthehealthinsurerrebuffedAnthem's<ANTM.N>$47
billionmergerproposalonSunday.Anthemrose3.6percentto$171.04.
HomebuildersroseasexistinghomesalesgrewmorethanexpectedinMay,surgingtotheirhighestinfiveandahalf
years.ThePHLXHousingindex<.HGX>rose0.9percentwhileLennarCorp<LEN.N>added1.7percentto$49.49.
MarthaStewartLivingOmnimedia<MSO.N>slumped12.5percentto$6.11onheavyvolumeafterSequentialBrands
<SQBG.O>agreedtobuythecompanyinadealthatvaluesitatabout$353million,or$6.15ashare.MarthaStewart
shareshadrisenabout37percentovertwodaysafternewsofthedealemerged.
TheDowJonesindustrialaverage<.DJI>rose104.53points,or0.58percent,to18,120.48,theS&P500<.SPX>gained
13points,or0.62percent,to2,122.99andtheNasdaqComposite<.IXIC>added36.97points,or0.72percent,to
5,153.97.
Withtheday'sgains,theNasdaqendedatarecordwhiletheS&Pclosed0.3percentawayfromitsownrecordclose.
Currently,theS&Ptradesat17.3timesearnings,accordingtoThomsonReutersdata,aboveitslongtermaverage.
"Valuationsaresomewhathigh,buttherearen'tmanyalternativesthatlookattractive,"saidMcCain."Stockswillprobably
getalothigherbeforethere'sanyseriousriskofapullbackonvaluation."
AdvancingissuesoutnumbereddecliningonesontheNYSEby1,830to1,238,fora1.48to1ratioontheupsideonthe
Nasdaq,1,819issuesroseand988fellfora1.84to1ratiofavoringadvancers.
ThebenchmarkS&P500indexwasposting51new52weekhighsand1newlowstheNasdaqCompositewasrecording
207newhighsand26newlows.
About5.31billionsharestradedonallU.S.platforms,accordingtoBATSexchangedata,comparedwiththemonthtodate
averageof6.17billion.
(ByRyanVlastelicaEditingbyChristianPlumb)

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http://www.foxbusiness.com/markets/2015/06/22/usstockindexfutureshigherongreecehopes/?intcmp=bigtopmarketfeaturesside

2/4

6/23/2015

Sensexrises74pointslogslongestwinningrunin2015TheHindu

BUSINESSMARKETS

Published:June23,201516:34IST|Updated:June23,201518:05IST
Mumbai,June23,2015

Sensexrises74pointslogslongestwinningrunin2015
PTI

Rallyingfortheeighthconsecutivesession,thebenchmarkBSESensextodayrose74.16pointsto27,804.37,itslongestwinningstreakthis
yearasabovenormalmonsoonhaseasedinflationconcerns.
SentimentgotaboostafterFinanceMinisterArunJaitleyyesterdaysaidthegovernmentwillsooninfusecapitalinpublicsectorbanks,
equitybrokerssaid.
HopesthatbetterthanforecastedmonsoonmayhelptheRBIcutratessoonerthanexpected,tootriggeredbuyingactivity,theyadded.
TheBSESensexresumedhigherat27,760.11,butslippedintonegativeterrainbrieflyasprofitbookingemergedathigherlevels.However,it
bouncedbacktohitahighof27,882.66,beforesettlingat27,804.37,againof74.16pointsor0.27percent.
Ineightstraightsessions,itslongestwinningrunsinceJanuary27,theSensexhaszoomedby1,433.39points.
TheNSENiftyendedwithagainof28.45pointsor0.34percentat8,381.55aftershuttlingbetween8,398.45and8,334.95.
Besides,positiveglobalcuesonrevivedhopesofGreecestrikingadealwithitscreditors,buoyedtradingsentiments.
ProminentgainersamongtheSensexstockswereCoalIndia,Cipla,L&T,M&M,NTPC,ITC,HDFC,BhartiAirtel,TataSteel,MarutiSuzuki,
SBI,GAIL,Hindalco,RIL,DrReddys,HindustanUnilever,HDFCBank,ONGCandSunPharma.
Among30Sensexcomponents,19stocksgained,whileVedantaendedflat.
Sectoriwse,theBSEmetalindexgainedthemostbysurging1.71percent,followedbycapitalgoods1.41percent,PSU1.18percent,oil&gas
0.83percent,realty0.33percent,bankex0.33percentandFMCGindex0.28percent.
Inlinewithbroadtrend,Smallcapindexrose0.45percentandmidcapwasup0.08percent.
Meanwhile,foreigninvestorsboughtsharesworthRs651.31croreduringMondayssession.
Globally,JapansNikkeiindexclimbed1.87percenttocloseatnew15yearhigh,whileEuropeanmarketswereupintheirearlytradeon
hopesforaGreekbailoutdeal.

http://www.thehindu.com/business/markets/sensexrises74pointslogslongestwinningrunin2015/article7346113.ece?css=print

1/2

6/23/2015

WallStreetEdgesupinQuietSessionNasdaqEndsatRecord|FoxBusiness

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WallStreetEdgesupinQuietSessionNasdaqEndsat
Record
PublishedJune23,2015

Reuters

(REUTERS)

U.S.stocksendedwithslightgainsonTuesday,withtheNasdaqekingoutanotherrecordclosewhileinvestorscontinued
toawaitclarityonwhetherGreececouldreachadealtopreventdefaultingonitsloans.
Theday'sactionwasquiet,withtradingvolumebelowaverage.Whileenergysharesrosealongsideajumpinthepriceof
crudeoil,asharpriseintheU.S.dollarcappedbroadergains.
WhiletherewerenomajordevelopmentsinvolvingGreece,investorscontinuedtohopethatthecountry'snewestbudget
proposalsintroducedonMondaywouldavertaloomingdefault.
Greeceneedsfreshfundstoavoiddefaultingona$1.8billiondebtrepaymenttotheInternationalMonetaryFundonJune
30.EquitieshavebeenlargelydrivenbyGreecelately,withinvestorsconcernedthatifthecountrydefaults,itmayhaveto
leavetheeuroortheEuropeanUnion,potentiallyshakingtheregion'seconomicfoundations.
"Themarketseemstoexpectthatthiswillendfavorably,oratleastbenignly,butIthinkpeopleneedtobenimbleright
nowascircumstancescouldchangeatanytime,"saidSteveSosnick,equityriskmanageratTimberHill/Interactive
BrokersGroupinGreenwich,Connecticut.
http://www.foxbusiness.com/markets/2015/06/23/wallstreetflatoptimisticongreece/?intcmp=bigtopmarketfeaturesside

1/4

6/23/2015

WallStreetEdgesupinQuietSessionNasdaqEndsatRecord|FoxBusiness

"GreecemaynotbeallthatmeaningfultotheU.S.market,butitcouldhaveabigimpactontheeuroandthedollar,andit
isunclearhowbigofanimpactthatwillhaveonstocks."
TheU.S.dollarindex<.DXY>,whichmeasuresthegreenbackagainstabasketofcurrencies,rose1.1percent.Astrong
dollarisconsideredaheadwindforequitypricesasitweighsontheprofitsofmultinationalcorporations.
U.S.crudefuturessettledup1percentat$61.01perbarrel,liftedaheadofU.S.inventorydataexpectedtoshowstrong
demandforgasoline.TheS&Penergyindex<.SPNY>rose0.3percentandwasoneoftheday'stopperformingsectors.
HalliburtonCo<HAL.N>rose0.9percentto$44.49.
AT&TInc<T.N>rose2.5percentto$35.91andwasoneofthebiggestpercentagegainersontheS&P500afteratleast
twobrokeragesupgradedthestock.
FacebookInc<FB.O>sharesrose3.7percentto$87.88,arecordclose.Withtheday'sgains,thesocialnetwork'smarket
valueisnowbiggerthanthatofDowcomponentWalMartStoresInc<WMT.N>.
TheDowJonesindustrialaverage<.DJI>rose24.29points,or0.13percent,to18,144.07,theS&P500<.SPX>gained
1.35points,or0.06percent,to2,124.2andtheNasdaqComposite<.IXIC>added6.12points,or0.12percent,to
5,160.10.TheNasdaqendedatarecordwhiletheS&P500closed0.3percentbelowitsownrecord.
AdvancingissuesoutnumbereddecliningonesontheNYSEby1,772to1,276,fora1.39to1ratioontheupsideonthe
Nasdaq,1,567issuesroseand1,203fellfora1.30to1ratiofavoringadvancers.
TheS&P500posted43new52weekhighsand2newlowstheNasdaqCompositerecorded180newhighsand23new
lows.
About5.4billionsharestradedonallU.S.platforms,accordingtoBATSexchangedata,belowthemonthtodateaverage
of6.15billion.
(ByRyanVlastelicaEditingbyNickZieminski)

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2/4

6/27/2015

Closingtrade:Sensexrebounds166ptscapitalgoods,realtystocksrallyTheHindu

BUSINESSMARKETS

Published:June25,201517:00IST|Updated:June25,201517:03IST
Mumbai,June25,2015

Sensexrebounds166pointscapitalgoods,realtystocksrally
PTI
Aftertakingadaysbreather,themarketonThursdaycontinueditsupwardjourney
Aftertakingadaysbreather,themarketonThursdaycontinueditsupwardjourneywiththebenchmarkBSESensexrebounding166points
to27,895.97onbuyingincapitalgoods,realtyandbankingshares.
IgnoringGreekwoes,theindexrecordeditsninthriseinlast10sessions.
Besides,coveringupofshortpositionsbyspeculatorsonexpiryofJunemonthseriesinthederivativecontractssupportedThursdaysrally.
Globally,otherAsianmarketsendedlower,whileEuropeanstockswerelittlechangedintheirearlytradeasinvestorsawaitedprogressin
Greektalks.
Involatilemovements,the30shareBSEindexopenedlowerat26,660.22andeasedtotouchthedayslowof27,635.76inearlytrade.
However,itbouncedbacktotradeinpositiveterrainonacrosstheboardbuyinginbluechipstockstohitahighof27,968.75beforewinding
up166.30pointsor0.60percenthigherat27,895.97.
OnWednesday,thehadSensexlost74.70points.
The50shareNSENiftyafterregainingthe8,400level,scaledsessionshighof8,423.15,beforesettling37.15points,or0.44percenthigher
at8,398.
TherecoveryintheSensexwassupportedbygainsinBajajAutothatclimbed4.65percent,whileGAILsurged3.44percent.L&Tadvanced
3.28percentandHDFCBank1.93percent.
Amongsectoralindices,BSEcapitalgoodsindexgainedthemostbysurging2.12percent,followedbyrealty1.05percent.
Thebroadermarketsalsoperformedwellongoodbuyingbyretailinvestors.TheBSEmidcapandthesmallcapindicesroseby0.68per
centand0.23percent,respectively.
Stocksofmortgagelenderswereingooddemandonhopesthegovernmentsmoveonhousingwouldimprovetheirearnings.
HDFCroseby2.20percent,LICHousinggained0.55,whileDewanHousingup2.41percent.
PrimeMinisterNarendraModionThursdayunveiledthreemegaflagshipurbanschemesaimedatdevelopingcitiesasenginesofgrowth.
Meanwhile,foreigninvestorsboughtsharesworthRs92.57croreonWednesday.
Printableversion|Jun27,201510:11:59PM|http://www.thehindu.com/business/markets/sensexrebounds166ptscapitalgoodsrealty
stocksrally/article7354198.ece
TheHindu

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1/1

6/27/2015

BroaderAveragesGainonGreeceOptimism|FoxBusiness
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MARKETUPDATE

BroaderAveragesGainonGreeceOptimism
PublishedJune26,2015

62

Reuters

(Reuters)

TheS&P500closedflatonFridaybutendedlowerfortheweek,withinvestorscautiousaheadofameetinginEuropethat
coulddecidewhetherGreecewilldefaultoncriticalloans.
TheDowclosedhigher,boostedbystrongresultsfromcomponentNikeInc<NYSE:NKE),whiletheNasdaqendedsolidly
lowerondisappointingresultsfromMicronTechnologyInc(MU),whichweighedonchipmakerslikeIntel.
InEurope,GreecerejectedafivemonthextensionofbailoutsonFriday,adaybeforeeurozonefinanceministerswill
meettodecidethecountry'sfate.Greeceneedsfreshfundstoavoiddefaultingona$1.8billiondebtrepaymenttothe
InternationalMonetaryFundonJune30.Ifitdefaults,itmayhavetoleavetheeuroortheEuropeanUnion,potentially
http://www.foxbusiness.com/markets/2015/06/26/futuressearchfordirectionaheadconsumerdata/

1/4

6/27/2015

BroaderAveragesGainonGreeceOptimism|FoxBusiness

shakingtheregion'seconomicfoundations.

"Ifthisissuegetsresolved,thenwe'resetupforafairlydecentmarket,butitcouldbethateverythingfallsapartonthe
30th,"saidJamesMeyer,chiefinvestmentofficeratTowerBridgeAdvisersinWestConshohocken,Pennsylvania."Market
valuationishighinanabsolutesense."
Nike(NKE)rose4.3percentto$109.71andwasthebiggestboosttotheDowafterreportingabetterthanexpected
quarterlyprofit,liftedasitsoldmorehighmarginshoesandapparelathigherprices.
MicronTechnology(MU)sank18percentto$19.66adayafterforecastingafurtherdeclineinpricesofchipsusedin
personalcomputers.Italsogavearevenueoutlookforthecurrentquarterthatwaswellbelowmarketestimates.The
PHLXSemiconductorindex<.SOX>fell2.4percent.IntelCorp(INTC)fell3percentto$31.02.
Inthelatesteconomicdata,UniversityofMichigan'sfinalreadingontheoverallindexonconsumersentimentforJunewas
96.1,higherthanthepreliminaryreadingof94.6.
InvestorshavebeenkeepingakeeneyeondatatoseeiftheU.S.economyhasrecoveredfromaslowstartatthe
beginningoftheyear.TheFederalReservehassaiditremainsdatadependentandexpectstoraiserateswhenitseesa
sustainedreboundintheeconomy.
TheDowJonesindustrialaverage(.DJI)rose56.72points,or0.32percent,to17,947.08,theS&P500(.SPX)lost0.71
points,or0.03percent,to2,101.6andtheNasdaqComposite(.IXIC)dropped31.69points,or0.62percent,to5,080.51.
Fortheweek,boththeDowandS&P500fell0.4percentwhiletheNasdaqfell0.7percent.
DecliningissuesoutnumberedadvancingonesontheNYSEby1,752to1,334,fora1.31to1ratioonthedownsideon
theNasdaq,1,647issuesfelland1,152advancedfora1.43to1ratiofavoringdecliners.
ThebenchmarkS&P500indexwasposting16new52weekhighsand21newlowstheNasdaqCompositewas
recording137newhighsand62newlows.
About6.17billionsharestradedonallU.S.platforms,accordingtoBATSexchangedata,comparedwiththemonthtodate
averageof6.09billion.
Friday'svolumewasimpactedastheFTSERussellrebalanceditsindexes.Ascompaniesmovefromoneindexto
another,managersofindexfollowingfundsareforcedtobuyorsellsharestomimictheperformanceoftheindex.

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2/4

6/30/2015

Sensexrebounds135pointsonvaluebuying,AsiancuesTheHindu

BUSINESS

Published:June30,201517:37IST|Updated:June30,201517:37IST
Mumbai,June30,2015

Sensexrebounds135pointsonvaluebuying,Asiancues
PTI
ThebenchmarkSensexreboundedover135pointstocloseat27,780.83,reversingitstwodayfall,ledbygainsinCoalIndia,SunPharmaand
TataSteelonvaluebuyingbyinvestors.
ThesmartrecoverycameasotherAsianmarketsshapedup.However,sentimentremainedoffcolourbecauseoflingeringconcernsof
Greecesdebtcrisis.
Inavolatilesession,the30shareindex,whichswungbetweengainsandlosses,finallysettledhigherby135.68points,or0.49percent,at
27,780.83.Intraday,itshuttledbetween27,814.53and27,570.95.
Thegaugehadlost250.82pointsintheprevioustwosessionsontheworseningGreecesdebtsituation.
Meanwhile,thebenchmarkendedfirstquarter(AprilJune)ofthisfiscalwithlosses.Also,the50shareNifty,aftermovingbothways,ended
higherby50.10points,or0.60percent,at8,368.50.
Brokerssaidvaluebuyinginselectbluechips,coupledwithaslightlybettertrendatotherAsianmarketsafterthepreviousdaysrouton
Greeceuncertainties,influencedsentimenthere.
Theysaid,however,cautionprevailedasinvestorsawaitedfurthercuesonGreece.SunPharmaclosed2.89percentupatRs.874.20after
reportsthatthecompanyhasraiseddrugprices.OthergainersthataidedtherecoveryincludeCoalIndia,TataSteel,Lupin,ITCand
HindustanUnilever.
However,softwareexportersledbyTCS,WiproandInfosyscameundersellingpressureandfellupto1.59percentafterrevenuewarningsby
someITcompanies.Sectorwise,theBSEHealthcareindexgainedthemostbyrising2.11percent,followedbyFMCG(2.02percent),
consumerdurables(1.90percent),metal(1.73percent)andPSU(0.68percent).
BSEMidcaprose1.33percentwhileSmallcapended1.07percentup.Meanwhile,foreigninvestorssoldsharesworthRs.711.88croreon
Monday,accordingtoprovisionaldata.
Globally,AsianmarketsprovidedsomecheerafterChinesestockshaltedtheirthreedayfall.JapansNikkeiended0.63percenthigherwhile
HongKongsHangSengrose1.09percent.
Europeanmarkets,however,weretradinglowerintheiropeningtradeasinvestorsweighedwhetherGreecewilldefaultonapaymentdueon
Tuesday.
Printableversion|Jun30,20156:01:57PM|http://www.thehindu.com/business/sensexrebounds135pointsonvaluebuyingasian
cues/article7370796.ece
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1/1

7/1/2015

Sensexjumps240points,reclaims28,000markTheHindu

BUSINESS

Published:July1,201518:57IST|Updated:July1,201518:57IST
Mumbai,July1,2015

Sensexjumps240points,reclaims28,000mark
PTI
Reclaimingthe28,000markafter10weeksonWednesday,thebenchmarkBSESensexsurgedby240pointsonacrosstheboardbuying
afterthegovernmentpromisedcapitalsupporttoPSUbanksamidpositivemacroeconomicdata.
Besides,afirmingtrendinglobalmarkets,afterGreekPMAlexisTsipraswasreportedlypreparedtoacceptcreditorsdemandsforabailout
buoyedtradingsentimentshere,equitybrokerssaid.
The30shareindex,whichhadgained135pointsintheprevioussession,recapturedthe28,000markbyjumping240.04pointsor0.86per
centtocloseat28,020.87,itshighestclosesinceApril17.Intraday,ithitthesessionshighof28,099.25andalowof27,799.91.
The50shareNSENiftyalsoregainedthe8,400markbyclimbing84.55pointsor1.01percentto8,453.05.
Sentimentgotaliftafteroutputofeightinfrastructuresectorsexpanded4.4percentinMay,thehighestgrowthrateinthepastsixmonths,
theysaid.GlobalcueswerealsopositiveonsignsthatGreecewasreadytoacceptcreditorsproposalstoendastandoffoverabailout,
influencedsentiment.
Bankingstocksgainedaftergovernmentsaiditisexaminingthefundsrequirementofpublicsectorbanksoverthreeyearsandpromised
requiredcapitalsupportaspartofacomprehensivepackagetostrengthenthem.
StaterunSBIsurged1.83percent,whileprivatelenderssuchasICICIBankgained1.35percent,AxisBankjumped3.60percentonBSE.
BHELtoppedthelistbyclimbing3.67percentontheindex.Othergainersincluded,Cipla,TataMotors,TCS,L&T,Wipro,ONGC,Infosys,
Vedanta,BhartiAirtel,Hindalco,CoalIndia,M&M,TataSteel,RILandDrReddys,amongothers.
Sectorwise,capitalgoodsindexrosethemostbygaining1.69percent,followedbypower1.64percent,bankex1.63percent,PSU1.53per
cent,realty1.48percent,IT1.48percentandinfrastructure1.47percent.
Inlinewithoveralltrend,BSEsmallcaprose1.45percent,whilemidcapgained1.30percent.
Printableversion|Jul1,20159:57:23PM|http://www.thehindu.com/business/sensexjumps240pointsreclaims
28000mark/article7375153.ece
TheHindu

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1/1

Greece, Data Help Propel Wall Street Higher | Fox Business

MARKET UPDATE

Greece, Data Help Propel Wall Street Higher

By Victoria Craig Published July 01, 2015 FOXBusiness

(Reuters)

FOX Business: The Power to Prosper


U.S. equities made a broad move higher on Wednesday, the first trading day of the
second half of the year, and the second-straight day of gains. Investors digested
developments out of Greece, and a flurry of economic data ahead of Thursday's June
jobs report.
The Dow Jones Industrial Average rose 138 points, or 0.79% to 17757. The S&P 500
gained 14 points, or 0.69% to 2077, while the Nasdaq added 26 points, or 0.53% to
5013.
Financials led nine of ten S&P 500 sectors to end the session in the green. Energy was
the laggard, declining 1.3% for the day.

http://www.foxbusiness.com/markets/2015/07/01/futures-jump-as-greece-readies-to-accept-bailout-terms/?intcmp=bigtopmarketfeaturesside[7/1/2015 7:51:05 PM]

Greece, Data Help Propel Wall Street Higher | Fox Business

Todays Markets
Wall Street was propelled higher Wednesday on hopes Greece will soon come to an
agreement with its international creditors. However, the broader averages stepped back
from session highs after comments from Greek Prime Minister Alexis Tsipras who, in a
press conference, said the nation will move ahead with its scheduled referendum on
Sunday.
Tsipras urged the Greek people to vote no, but said such a vote will not be an
endorsement for Greece to exit the euro, but rather allow the country to negotiate better
terms with its international creditors.
Following a letter sent by Tsipras to European leaders seeking a new deal, officials there
regarded the terms as insufficient to bring them back to the negotiating table before
Sundays referendum.
For U.S. stocks, Bob Doll, senior portfolio manager and chief equity strategist at Nuveen
Asset Management, said in the short-term, focus is all about Greece.
Im hoping that this is the beginning of the end in that the Greek government is saying
theyll go along with things. I think most of us thought it would be wrapped up before the
events of the last three days, though, he said. Now Greece is backing off again but I
suspect theyll come to some sort of agreement that will find the band-aids necessary to
get to the next crisis. And there will be a next crisis.
Despite the rapid developments from the other side of the world, a lot of the focus in U.S.
markets was on the economy and the upcoming June jobs report on tap for Thursday
a result of the shortened week from the July Fourth holiday.
Its been an emotional roller coaster, he said. One day theres red all over the tape,
and the next day theres green on potential good news. Underlying all of that is a U.S.
economy thats slowly getting better and thats supportive of higher prices [in the
market], Doll said.
He added in addition to Greece and economic data, the flurry in deal activity also adds to
the optimism pushing markets higher over the intermediate term.
Jeff Kravetz, regional investment director for U.S. Bank Wealth Management, agreed

http://www.foxbusiness.com/markets/2015/07/01/futures-jump-as-greece-readies-to-accept-bailout-terms/?intcmp=bigtopmarketfeaturesside[7/1/2015 7:51:05 PM]

Greece, Data Help Propel Wall Street Higher | Fox Business

with Doll and said though the action unfolding in Greece is a likely driver in the near-term
for the markets, it wont de-rail the positive long-term momentum for the U.S. economy
and stock markets.
We believe the second half could be very good for stocks in the U.S. because of better
economic data, he said. Energy markets should be helpful for consumers. We dont
see energy spiking back up just because theres so much oversupply, and the fact that
global demand is fairly weak.
On the data front Wednesday, a report from payroll processor ADP showed privatesector employment notched its biggest gain since December, which could be a welcome
sign for the Federal Reserve as it continues to closely monitor data before it makes a
decision to begin raising interest rates from historic lows. Private employers added
237,000 jobs for the month, a bigger gain than the 218,000 jobs economists expected.
Also on the jobs front, a report from Challenger, Gray & Christmas showed mid-year job
cuts reached the highest level since 2010. According to the report, over the first half of
the year, employers announced 287,672 job cuts, a 17% increase from the same period
a year prior. The report also noted the biggest number of cuts, which totaled 86,978,
came as a result of restructuring, while 69,582 of the layoffs came from lower oil prices.
The Institute for Supply Management's gauge of manufacturing activity in the U.S. rose to
53.5 in June from 52.8 in May. The reading came slightly above Wall Street expectations
for an increase to 53.1, and matched the best reading so far this year. Readings above
50 point to expansion while those below indicate contraction.
In corporate news, property and casualty insurer Ace (ACE) agreed to buy rival Chubb
(CB) in a $28.3 billion cash-and-stock deal. The acquisition is one of the biggest
announced deals of the year, and the companies expect the transaction to close in the
first quarter of 2016.
On the earnings front, General Mills (GIS) reported profit of 30-cents a share on revenue
of $4.3 billion as the company continues to grapple with changing consumer taste and
as it works to remove artificial flavoring and coloring from its line of cereal brands.
June auto sales were also released Wednesday and showed a move toward the best
June in a decade thanks to consumer demand for more expensive sport-utility vehicles
and trucks. Figures also showed the average transaction values continued to rise.

http://www.foxbusiness.com/markets/2015/07/01/futures-jump-as-greece-readies-to-accept-bailout-terms/?intcmp=bigtopmarketfeaturesside[7/1/2015 7:51:05 PM]

Greece, Data Help Propel Wall Street Higher | Fox Business

In commodities, U.S. crude oil prices settled 4.22% lower, falling to $56.96 per barrel as
inventory data weighed on sentiment. The settle was the lowest since April 22 and the
biggest decline since April 8. Meanwhile Brent crude prices fell 2.36% to $62.09 per
barrel. Gold also declined 0.26% to $1,168 per troy ounce.
Overseas markets also saw a bounce on Wednesday amid optimism over a Greek debt
deal. The Euro Stoxx 50, which tracks large-cap stocks in the eurozone, surged 2.10%
to 3496. Meanwhile, the German Dax jumped 2.15% to 11180, the French CAC 40
jumped 1.94% to 4883, and the UKs FTSE 100 rose 1.24% to 6601.
In Asia, the Shanghai Composite, which fell into bear-market territory this week, dropped
5.23% to 4053. Hong Kongs Hang Seng rose 1.79% to 8058, while Japans Nikkei saw
a 0.46% tick higher to 20329.
In currencies, the euro fell 0.69% against the U.S. dollar.

Follow Victoria Craig on Twitter @VictoriaCraig.

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http://www.foxbusiness.com/markets/2015/07/01/futures-jump-as-greece-readies-to-accept-bailout-terms/?intcmp=bigtopmarketfeaturesside[7/1/2015 7:51:05 PM]

Greece, Data Help Propel Wall Street Higher | Fox Business

This material may not be published, broadcast, rewritten, or redistributed. FOX News Network, LLC. All rights
reserved. All market data delayed 20 minutes.

http://www.foxbusiness.com/markets/2015/07/01/futures-jump-as-greece-readies-to-accept-bailout-terms/?intcmp=bigtopmarketfeaturesside[7/1/2015 7:51:05 PM]

7/6/2015

Search

Sensexendsday116pointshigher,Niftyreclaims8,500markTheHindu

GO

BUSINESSMARKETS

Published:July6,201517:19IST|Updated:July6,201517:19IST
Mumbai,July6,2015

Sensexendshigherby116points
PTI
Tthe50shareNiftytooregainedthe8,500markbyrising37.25points.
ThebenchmarkSensexonMondaybouncedback115.97pointstocloseat28,208.76onlatebuyinginsomebluechips,ledbyhealthcare,oil
andgas,realtyandFMCGsectorstocks.
Themarketsrecoveredfromitsinitiallossesofover317pointstrackingweakAsiancuesasGreekvoterssaidnotobailouttermsas
demandedbyitscreditors.
TheSensex,whichhadrecapturedthe28,000level,resumedlowerat27,857.20,slippedfurthertohitthedayslowof27,774.80.
However,itwipedofflossescompletelyonthebackofacrosstheboardbuyingatthefagendofthesessionandreboundedtothesessions
highof28,235.31beforeendingat28,208.76,againof115.97points,or0.41percent.
Ithadgained146.99pointsintheprevioussession.
Similarly,the50shareNiftyregainedthe8,500markbyrising37.25points,or0.44percent,toendthedayat8,522.15aftershuttling
between8,386.15and8,533.15.
Forbothindices,thereadingswerethehighestcloseinnearly21/2months.
IntheSensexpack,DrReddysemergedasthemajorgainerbysurging3.64percentatRs3,711.75,followedbyCipla(3.35percent)atRs
652.55.
BrokerssaidsentimentgotabigpushafterReserveBankGovernorRaghuramRajanscommentslastweekthatIndiasexposuretoGreeceis
limited.
Otherprominentgainersinthe30shareindexincludedHeromotoCorp,TCS,HDFCBank,LupinandSunPharma.
ThemajorSensexloserswereVedanta,Hindalco,NTPC,TataSteelandInfosys.
Broadermarketssuchassmallcapandmidcapindicesrose1.09percentand0.85percent,respectively.
Foreignportfolioinvestors(FPIs)netboughtsharesworthRs356.29crorelastFriday,accordingtoprovisionaldata.
Globally,AsianstocksendedlowerwhileEuropeanmarketsweredowninearlytradeasGreekvotersrejectionofausterityproposalssent
investorstotherelativesafetyofTreasuries.
Printableversion|Jul6,20155:57:21PM|http://www.thehindu.com/business/markets/sensexendsday116pointshigherniftyreclaims
8500mark/article7392130.ece
TheHindu

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1/1

U.S. Equities Cap Volatile Session on High Note | Fox Business

MARKET UPDATE

U.S. Equities Cap Volatile Session on High Note

By Victoria Craig Published July 07, 2015 FOXBusiness

(Reuters)

FOX Business: The Power to Prosper


Wall Street recovered from session lows of more than 1% declines across the major U.S.
averages Tuesday as traders continued to monitor developments out of Brussels on
emergency funding negotiations for Greece amid a plunge in commodity prices.
The Dow Jones Industrial Average rose 93 points, or 0.53% to 17776. The S&P 500
climbed 12 points, or 0.61% to 2081, while the Nasdaq added 5 points, or 0.11% to
4997.
Todays Markets
Major U.S. averages finished the day higher as traders exercised caution about whether

http://www.foxbusiness.com/markets/2015/07/07/futures-higher-with-greece-trade-data-in-focus/?intcmp=bigtopmarketfeaturesside[7/7/2015 6:47:05 PM]

U.S. Equities Cap Volatile Session on High Note | Fox Business

Greece, the nation thats flirted with a banking collapse, and its creditors would be able
to reach a deal on emergency funding soon.
Europeans were set to meet Tuesday in Brussels to discuss a strategy aimed at keeping
Greece in the eurozone. The debt-laden countrys prime minister, Alexis Tsipras, was
expected to have submitted a proposal ahead of the summit, however, Greece failed to
come back to the negotiating table with any new suggestions for reform.

More on this...
Resist Temptation to Trade on Greek Chaos
New Oil Slump Aids Summer Gas Savings
Energy Expected to be Big Drag on 3Q Earnings

In a statement, Eurogroup President J. Dijsselbloem outlined the next steps for


hammering out a deal with the Greeks, but said there was little time in which they had
left to work.
The first step will be that the Greek government will send the Eurogroup a new request;
a new request letter for ESM support and as soon as this comes in hopefully tomorrow
morning we will have another Eurogroup conference call to formally start the process
of dealing with this request, the statement read. I will first ask the institutions to look at
the financial situation in Greece, their finances, and debt sustainability and then the
institutions will come back to us and we will see if we can formally start the negotiations.
Meanwhile, the bank holiday in Greece was extended until Thursday.
For U.S. equity markets, Matt Kaufler, portfolio manager at Federated Investors, said
theres a slew of factors weighing on sentiment, and thats causing wild swings in the
markets.
Theres just increased anxiety and uncertainty and markets dont like that, he said. The
plunge in commodity prices thats going on today isnt helping. Theres general anxiety
over where second quarter earnings will come in and what the forward outlook is going
to be characterized as.
He added significant weakness in Chinese markets has taken a backseat to the drama

http://www.foxbusiness.com/markets/2015/07/07/futures-higher-with-greece-trade-data-in-focus/?intcmp=bigtopmarketfeaturesside[7/7/2015 6:47:05 PM]

U.S. Equities Cap Volatile Session on High Note | Fox Business

unfolding in Greece, and that the focus should turn to Asia when theres a final decision
on Greeces membership in the EU.
If not for Greece and the preoccupation about the impact in Europe, China would be
getting much more attention, Kaufler said. Volatility continues in China and economic
deceleration continues. I think youll see it grow in terms of its share of the headlines.
On the economic front in the U.S., the latest read on international trade from the
Commerce Department showed the U.S. trade gap widened to $41.87 billion in May
from $40.88 billion in April. The increase was less than expected as economists had
forecast the deficit to widen to $42.60 billion.
In commodities, oil continued its downward momentum after a significant downturn in the
prior session in which U.S. crude oil prices plunged as a trifecta of persisting global
supply concerns, worries over Chinas stock market, and developments out of Greece
weighed on sentiment. NYMEX crude saw a 7.7% drop, the largest one-day dollar and
percentage decline since February. Brent crude, meanwhile, also saw significant losses,
dropping 6.3% for its biggest drop since November.
On Tuesday, though, prices continued their fall. U.S. crude prices dropped more than 3%
in late-morning action before clawing back ground. NYMEX crude settled 0.23% higher
to $52.65 per barrel, while Brent crude gained 0.56% to $57.10 a barrel.
Meanwhile, copper, largely seen as an economic barometer due to its wide swath of
industrial uses, touched its lowest level in six years as it plunged 6% on Tuesday before
recovering to settle 2.8% lower at $24 a pound. Gold prices also saw a decline, falling
1.57% on Tuesday to $1,154 per troy ounce, while silver dropped 4.59% to $15 an
ounce.
Whether it was Greece, China, or suggestions that Iran would double exports following
the lifting of sanctions, the commoditys drop appears to be reigniting global growth
concerns (we repeat that oil rallies into trouble, not the other way around). Were on the
side of global growth concerns, Dan Greenhaus, chief strategist at BTIG, said in a note
late Monday night.
In corporate news, traders also looked ahead to the kickoff of the earnings season
Wednesday with Alcoa (AA) reporting its quarterly results after the bell.
Carnival (CCL) said it gained necessary U.S. approval to sail some of its cruise ships to

http://www.foxbusiness.com/markets/2015/07/07/futures-higher-with-greece-trade-data-in-focus/?intcmp=bigtopmarketfeaturesside[7/7/2015 6:47:05 PM]

U.S. Equities Cap Volatile Session on High Note | Fox Business

Cuba. The worlds largest cruise-ship operator also said it plans to begin those voyages
next May, though it is still in discussion for Cuban approvals.
Duke Energy (DUK) boosted its quarterly dividend 3.8% to 82.5 cents. The move extends
the companys eight years of annual increases.
According to a report from Reuters, Hostess Brands, the maker of popular snack brands
including Twinkies, Ding Dongs, and Ho Hos, will pull itself off the auction block and
pursue an initial public offering instead. The move comes after the bankrupt company
was bought by private equity firm Apollo Global Management (APO) in 2013 for $410
million.
Meanwhile, worries over Greece tempered, but traders still sought the safety of U.S.
Treasury bonds. The yield on the benchmark 10-year U.S. Treasury note fell 0.063
percentage points to 2.215%. Bond yields move in the opposite direction of prices.
Across the world in Asia, the Shanghai Composite dropped 1.29% to 3727 days after the
nation unveiled unprecedented steps to prevent a stock market crash after a more than
30% plunge over three weeks.
The speed and force of the equity decline has led party leaders to rush a series of
measures aimed at shoring up markets. As an aside, Chinas decline has wiped out $3.2
trillion in market value in just three weeks. By contrast, the dot-com bubble in the United
States wiped out $5 trillion in market valuebut that took two years, Greenhaus noted.
Elsewhere in Asia, Hong Kongs Hang Seng dropped 2.69% to 7405, while Japans
Nikkei rose 1.31% to 20376.
Over in Europe, the Euro Stoxx 50, which tracks large-cap stocks in the eurozone, fell
2.11% to 3294, the German Dax shed 1.96% to 10676, the French CAC 40 lost 2.27% to
4604, while the UKs FTSE 100 traded 1.58% lower to 6432.
In currencies, the euro fell 0.81% against the U.S. dollar.
The U.S. dollar remains the undoubted king at present, as a safe haven demand,
coupled with Fed policy expectations, drives the buying of the greenback, Beauchamp
wrote. The move is making itself felt in oil markets once again, where resurgent supply
levels have pulled the rug out from underneath the oil price.

http://www.foxbusiness.com/markets/2015/07/07/futures-higher-with-greece-trade-data-in-focus/?intcmp=bigtopmarketfeaturesside[7/7/2015 6:47:05 PM]

U.S. Equities Cap Volatile Session on High Note | Fox Business

Follow Victoria Craig on Twitter @VictoriaCraig.

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http://www.foxbusiness.com/markets/2015/07/07/futures-higher-with-greece-trade-data-in-focus/?intcmp=bigtopmarketfeaturesside[7/7/2015 6:47:05 PM]

7/10/2015

Search

Sensexendsday88pointsup,aheadofkeymacrodataTheHindu

GO

BUSINESSMARKETS

Published:July10,201517:19IST|Updated:July10,201517:19IST
Mumbai,July10,2015

Sensexendsday88pointsup,aheadofkeymacrodata
PTI
TheNiftyedgedup32points,or0.38percent,to8,360.55,aftershuttlingbetween8,377.10and8,315.40.
TheBSEbenchmarkSensexremainedchoppythroughoutthesession,endingthedaynearly88pointsupat27,661.40,duetofagendbuying
byparticipantsaheadoftheannouncementofkeyIIPdata.
ThecompleteturnaroundinChinesestockmarketgavethesentimentabiglift.
Thegovernmentisslatedtoreleasedataonindustrialproduction(IIP)forMaylaterintheday.
The30sharebarometerresumedinthepositiveterrain,hittingthedayshighof27,729.46.Butwithprofitbookingkickingin,theindex
slippedintothenegativeterritoryandplungedtoalowof27,530.90.
However,thelateafternoonbuyingtowardsthefagendofthesessionhelpeditstageacomeback,toclose87.74points,or0.32percent,
higherat27,661.40.
Thegaugehaddroppedover635.10pointsinthepreviousthreestraightsessions,afteraroutinShanghaisharesandcontinuedGreekdebt
concernsrattledinvestors.
Onaweeklybasis,theSensexandtheNiftyendedlowerby431.39points(1.53percent)and124.35points(1.46percent),respectively,
snappingthreeweeksofgains.
Technologystockscameunderpressure,afterTCSpostedmutedfirstquarternumbersyesterday.Itlost1.96percent,whereasInfosysshed
0.07percent.
Thebroader50shareNiftyalsoedgedup32points,or0.38percent,to8,360.55aftershuttlingbetween8,377.10and8,315.40.
Amongindexheavyweights,Vedantawasthetopgainer,whileotherssuchasSunPharma,BHEL,HDFCBank,RILandL&Ttooendedinthe
green.
Outof30Sensexcomponents,16advancedand14lost.
Sectorwise,bankingstoletheshow,up1.15percent,followedbyhealthcare,capitalgoods,metalandoil&gas.
BuyingactivityalsohelpedBSEsmallcapandmidcapindicesclosewithmodestgains.
Globally,ahigherclosingatmostotherAsianmarketsprovidedadditionalmomentumtotheIndianstocks.
Printableversion|Jul10,201510:23:28PM|http://www.thehindu.com/business/markets/sensexendsday88pointsupniftyup32
points/article7407912.ece
TheHindu

http://www.thehindu.com/business/markets/sensexendsday88pointsupniftyup32points/article7407912.ece?css=print

1/1

Wall Street Soars on Greece, China Optimism | Fox Business

MARKET UPDATE

Wall Street Soars on Greece, China Optimism

By Victoria Craig Published July 10, 2015 FOXBusiness

(Reuters)

FOX Business: The Power to Prosper


Wall Street rallied into the close of trade on Friday as optimism over a Greek debt deal
coupled with a two-day rally in the Chinese stock market and Yellen rate-hike comments,
sent stocks solidly higher.
The Dow Jones Industrial Average jumped 211 points, or 1.21% to 17760. The S&P 500
added 25 points, or 1.23% to 2076, while the Nasdaq Composite rose 75 points, or
1.53% to 4997.
All ten S&P 500 sectors ended in positive territory, with information technology and
materials leading the charge higher.

http://www.foxbusiness.com/markets/2015/07/10/us-futures-leap-on-greek-debt-deal-optimism/[7/10/2015 6:30:25 PM]

Wall Street Soars on Greece, China Optimism | Fox Business

Todays Markets
In a speech at the City Club of Cleveland midday Friday, Yellen said despite global
economic turmoil, she is supportive of initiating the first interest rate increase in the U.S.
at some point this year, but she hedged slightly given the tumult in Greece and China.
I want to emphasize that the course of the economy and inflation remains highly
uncertain and unanticipated developments could delay or accelerate this first step, she
said in the speech.
Yellen went on to say that the central bank will continue to closely monitor any and all
economic data in the U.S., particularly continued improvement in the labor market and
inflation that moves back to the Feds 2% target in the next few years.
Meanwhile, traders in the U.S. cheered progress in Greek debt negotiations on Friday
after the debt-laden nation late Thursday offered a new bailout proposal in an effort to
prevent a forced exit from the eurozone.
Despite weeks of insistence a debt deal would not include tax breaks and pension
reform, the Greeks latest proposal closely mirrored a previous proposition from the
Europeans. In exchange for a three year, $59.4 billion bailout, the proposal package
contained economic policy overhauls and budget cuts that include tax hikes on shipping
companies, changes to its value-added tax rate on restaurants from 6.5% to 23%, and
pension reform.
A vote by the Greek parliament on the latest proposal began on Friday around 12:00 p.m.
ET. Some worried about the outcome of the debate considering the Greek people on
Sunday voted no to harsher austerity measures in a referendum. The vote would give
Prime Minister Alexis Tsipras authority to then negotiate the proposal with the nations
creditors over the weekend.
Alexis Tsipras looks to have given way on many of the sticking points of the past week,
Chris Beauchamp, senior market analyst at IG said in a note. He may still try to present
any deal as a victory for Greece, but the real truth is that the creditors have prevailed.
Optimism over a Greek debt deal spread through European markets on Friday. The Euro
Stoxx 50, which tracks large-cap companies in the eurozone, closed up 3.24% to 3530.
Meanwhile, the German Dax climbed 2.85 % to 11310, the French CAC 40 rose 3.16 %
to 4907, while the UKs FTSE 100 ended1.40 % higher to 6673.

http://www.foxbusiness.com/markets/2015/07/10/us-futures-leap-on-greek-debt-deal-optimism/[7/10/2015 6:30:25 PM]

Wall Street Soars on Greece, China Optimism | Fox Business

In currencies, the euro rose 0.87% against the U.S. dollar. The yield on the benchmark
10-year U.S. Treasury note rose 0.116 of a percentage point to 2.417%. Bond yields
move in the opposite direction of prices.
Still, despite the optimism from the developments in Athens, some remain puzzled about
how this outcome came to be.
The Euro is rallying as are futures and rightfully so, Dan Greenhaus, chief global
strategist at BTIG said in a note. Following the referendums no vote, we and others
have suggested that a Greek exit was now the likely scenario. The reason for feeling this
way was rooted in the referendum itself. Why hold the referendum, why put ones
country through what Greece has been through, if obtaining more favorable terms? This
is completely confusing to us.
While focus turned to Greece Friday, investors still kept a close eye on China where the
regulators there have gone to extraordinary lengths including a ban on large
stakeholders from selling their shares in public companies to curb a recent, steep
selloff there. In light of the new regulations, Chinas Shanghai Composite index rallied
4.54% for a second day to close with its biggest two-day gain in seven years.
The measures being implemented in China increasingly smack of desperation and when
the markets do become free to trade, the stampede for the exit might be even more
aggressive than the sell-off this summer has already seen, IG Analyst Alastair McCaig
wrote in an early morning note.
Elsewhere in Asia, Hong Kongs Hang Seng gained 2.08% to 24901, while Japans
Nikkei shed0.38% to 19779.
In commodities, oil settled mostly flat with U.S. crude futures down 0.09% to $52.73 a
barrel. Brent crude was unchanged at $58.62 a barrel. Gold rose 0.13% to $1,160 a troy
ounce.

Follow Victoria Craig on Twitter @VictoriaCraig.

http://www.foxbusiness.com/markets/2015/07/10/us-futures-leap-on-greek-debt-deal-optimism/[7/10/2015 6:30:25 PM]

Wall Street Soars on Greece, China Optimism | Fox Business

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http://www.foxbusiness.com/markets/2015/07/10/us-futures-leap-on-greek-debt-deal-optimism/[7/10/2015 6:30:25 PM]

Optimism Over Greek Deal Sends Stocks Higher | Fox Business

MARKET UPDATE

Optimism Over Greek Deal Sends Stocks Higher

By Victoria Craig Published July 13, 2015 FOXBusiness

(REUTERS)

FOX Business: The Power to Prosper


U.S. equity markets posted substantial gains Monday after all-night negotiations between
Greece and its eurozone counterparts yielded a fresh bailout deal for the debt-laden
nation.
The Dow Jones Industrial Average jumped 217 points, or 1.22% to 17948. The S&P 500
added 23 points, or 1.11% to 2099, while the Nasdaq Composite rose 73 points, or
1.48% to 5071.
Todays Markets
World markets turned their attention back to Greece on Monday after 17-hour talks

http://www.foxbusiness.com/markets/2015/07/13/greece-eurozone-deal-sends-us-equity-futures-higher/?intcmp=bigtopmarketfeatures[7/13/2015 4:38:52 PM]

Optimism Over Greek Deal Sends Stocks Higher | Fox Business

resulted in a deal between Greece and its international creditors for a third bailout deal
that will keep the nation in the eurozone.
The new bailout deal is subject to approval by the Greek parliament no later than
Wednesday before formal implementation of the bailout begins. Among other measures,
under terms of the agreement, Greece must increase revenue by widening the tax base
and streamlining its value-added tax (VAT) system, while also improving the long-term
sustainability of its pension system. Those were provisions the nation was previously
adamantly against in early negotiations.
Chris Beauchamp, senior market analyst at IG wrote in a note early Monday that
although an initial deal has been struck, the hard work is not over just yet.He said hes
keeping a close eye on the bailout-approval processes in Athens and Berlin.
It would not be surprising to see Alexis Tsipras depart the stage before the end of the
week, given that he is likely to face more than a little opposition to a deal that is worse
than the one Greeks rejected last week, Beauchamp wrote. A new national unity
government would then result, and while this would provide a platform for reforms in line
with creditor demands, it does little for the image of European democracy.
On that note, while Barclays said in a note to clients it doesnt consider a Greek exit from
the eurozone as its base case, it still sees high long-term risks associated with the
bailout program.
Negotiations and execution of a third bailout will likely prove extremely challenging, as
banks may be forced to remain closed (temporarily) and capital controls will need to
remain in place for a while, the note said.
Traders across the globe cheered news of the preliminary deal.
The Euro Stoxx 50, which tracks large-cap companies in the eurozone jumped 1.75% to
3590. Meanwhile, the German Dax closed 1.49% higher, the French CAC 40 rose
1.94%, while the UKs FTSE 100 moved 0.97%.
Still, Beauchamp wondered whether the optimism would last even through the end of the
week.
For now, investors are in a confident mood, but whether this optimism will survive the
week as details become clear and the nit-picking begins is another matter, he wrote.

http://www.foxbusiness.com/markets/2015/07/13/greece-eurozone-deal-sends-us-equity-futures-higher/?intcmp=bigtopmarketfeatures[7/13/2015 4:38:52 PM]

Optimism Over Greek Deal Sends Stocks Higher | Fox Business

In the U.S., second-quarter earnings season will compete for investor focus as big banks,
including Morgan Stanley (MS), Goldman Sachs (GS), JP Morgan Chase (JPM),
Citigroup (C), Bank of America (BAC), and Wells Fargo (WFC) all report their results
before the bell this week.
After a speech on monetary policy last week which outlined a forecast that likely includes
raising interest rates this year, Federal Reserve Chief Janet Yellen is expected to again
make headlines on Wednesday. She will present her semi-annual monetary policy report
to House and Senate committees where she will likely face a round of questioning about
when the central bank intends to begin the process of raising interest rates from a nearzero range.
The Federal Reserves anecdotal beige book report is also due out on Wednesday.
The economic calendar kicks off the week on a light note, but picks up momentum
throughout the week. On Monday, traders got the latest look at the federal budget as the
U.S. Treasury Department reported a $52 billion surplus in June. The nations 12-month
deficit was the second lowest mark since August 2008.
Tuesday ushers in the latest look at retail sales, and import/export prices. Later in the
week, a snapshot of producer prices, regional manufacturing surveys from Philadelphia
and New York, housing starts, and consumer sentiment are also set for release.
In currencies on Monday, the euro fell 1.46% against the U.S. dollar. The yield on the
benchmark 10-year U.S. Treasury note rose 0.013 of a percentage point to 2.43%. Bond
yields move in the opposite direction of prices.
Investors also kept an eye on China, where the nation continues to grapple with extreme
volatility in the face of a recent massive selloff. On Monday, though, the Shanghai
Composite index rallied 2.39% to 3970. Elsewhere in Asia, Hong Kongs Hang Seng
gained 1.30% to 25224, while Japans Nikkei added 1.57 % to 20089.
In commodities, U.S. crude oil futures settled 54 cents lower, or 1%, at $52.20 a barrel as
traders brace for the possibility that sanctions on Iranian oil exports will be lifted. Brent
crude shed 1.44% to $58.15 a barrel. Gold, meanwhile, fell 0.1% to $1,156 a troy ounce.

http://www.foxbusiness.com/markets/2015/07/13/greece-eurozone-deal-sends-us-equity-futures-higher/?intcmp=bigtopmarketfeatures[7/13/2015 4:38:52 PM]

Optimism Over Greek Deal Sends Stocks Higher | Fox Business

Follow Victoria Craig on Twitter @VictoriaCraig.

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reserved. All market data delayed 20 minutes.

http://www.foxbusiness.com/markets/2015/07/13/greece-eurozone-deal-sends-us-equity-futures-higher/?intcmp=bigtopmarketfeatures[7/13/2015 4:38:52 PM]

7/13/2015

Search

Sensexjumps130pointsonratecuthopesTheHindu

GO

BUSINESS

Published:July13,201510:22IST|Updated:July13,201510:22IST
Mumbai,July13,2015

Sensexjumps130pointsonratecuthopes
PTI
ThebenchmarkBSESensexsurgedbynearly130pointsinearlytradeonMondayoncontinuedbuyingbyinvestorsamidhopesofratecutby
theReserveBankafterweakIIPnumbers.
AhighertrendatotherAsianmarketsasinvestorsawaitdevelopmentsinlastditchtalksaimedatanewbailoutdealforGreece,influenced
sentiment,brokerssaid.
The30sharebarometerwastradinghigher129.81points,or0.46percent,at27,791.21withhealthcare,TecK,IT,oil&gas,realtyand
consumerdurablessectorleadingthegains.TheSensexhadgained87.74pointsintheprevioussession.
Onsimilarlines,theNSENiftyrecapturedthe8,400markbyrising44.25points,or0.52percent,at8,404.80.Growthinindustrial
productioninMayslowedto2.7percentfrom5.6percentayearago,draggeddownbymanufacturing,strengtheningthecaseforanRBI
ratecut,triggeringbuyingbyparticipants.
AmongotherAsianmarkets,HongKongsHangSengwasup0.19percent,JapansNikkeigained1.17percentandtheShanghaiComposite
Indexrose2.28percent.
TheU.S.DowJonesIndustrialAverageended1.21percenthigherinFridaystrade.
Printableversion|Jul14,20152:27:00AM|http://www.thehindu.com/business/sensexjumps130pointsonratecut
hopes/article7416584.ece
TheHindu

http://www.thehindu.com/business/sensexjumps130pointsonratecuthopes/article7416584.ece?css=print

1/1

Energy Sector Helps Wall Street Close on High Note | Fox Business

MARKET UPDATE

Energy Sector Helps Wall Street Close on High Note

By Victoria Craig Published July 14, 2015 FOXBusiness

(REUTERS)

FOX Business: The Power to Prosper


U.S. equity markets were higher Tuesday as traders digested a slew of headlines
including an Iran nuclear deal, big bank earnings from JPMorgan and Wells Fargo, and
disappointing economic data.
The Dow Jones Industrial Average rose 75 points, or 0.42% to 18052. The S&P 500
added 9 points, or 0.44% to 2110, while the Nasdaq Composite gained 33 points, or
0.66% to 5104.
Nine of ten S&P 500 sectors were in positive territory, with energy and health care
leading the way higher. Utilities were the only laggard, down roughly 0.13%.

http://www.foxbusiness.com/markets/2015/07/14/wall-street-looks-to-break-win-streak-after-iran-deal/[7/14/2015 5:14:29 PM]

Energy Sector Helps Wall Street Close on High Note | Fox Business

Todays Markets
A day after Wall Street digested a deal between the Greeks and their international
creditors, traders had another agreement to parse. Early Tuesday, and after the most
recent round of 18-day negotiations, six world powers came together with Iran to reach a
formal agreement aimed at curbing the nations nuclear program in exchange for
international sanctions relief.

More on this...
C-Suite Still Confident in Making Deals

Among other provisions, under the agreement, Iran will abide by a United Nations
embargo for up to five more years with opportunity for relief if the International Atomic
Energy Agency finds definitively that the nation is not operating any kind of nuclear
weapons program.
Global oil prices retreated on the new on increasing fears of oversupply in the market.
However, prices clawed their way back from more than 2% losses. U.S. crude prices
settled 1.09% higher to $52.77 a barrel, while Brent, the international benchmark, ended
0.47% up to $58.32 a barrel.
Oil is in full retreat again this morning as the singing of a deal with Iran brings the
prospect of fresh supply heading to a market that is already awash with surplus output,
Chris Beauchamp, senior market analyst at IG said in a note. With Irans oil fields
operating well below full capacity, the worrying thought for the oil bulls is that the
ongoing supply situation will only intensify as the year goes on and output increases.
Beauchamp continued that while Irans production hasnt topped the list of Wall Streets
oil supply concerns, the timing of a deal with the nation just a day after the wraps were
put on Greeces debt negotiations is likely to provide fuel to the global equity bounce.
News of the Iran deal also initially dented European equity markets, though they bounced
back before the close of trade. The Euro Stoxx 50, which tracks large-cap companies in
the eurozone closed up 0.38% to 3604. Meanwhile, the German Dax rose 0.21% to
11508, the French CAC 40 gained 0.61% to 5028, while the UKs FTSE 100 moved
0.16% lower to 6748.

http://www.foxbusiness.com/markets/2015/07/14/wall-street-looks-to-break-win-streak-after-iran-deal/[7/14/2015 5:14:29 PM]

Energy Sector Helps Wall Street Close on High Note | Fox Business

Elsewhere in commodities, gold prices fell 0.16% to $1,153 a troy ounce.


Meanwhile, focus on Wall Street shifted back home on Tuesday as traders monitored the
kick off to second-quarter bank earnings season with JPMorgan Chase (JPM) results.
The nations biggest bank by assets revealed earnings per share of $1.54 on revenue of
$24.53 billion, handily beating expectations for $1.44 a share on revenue of $24.51
billion. Shares jumped more than 1% in pre-market trading on the heels of the earnings
release.
Wells Fargo (WFC), meanwhile, revealed mixed 2Q results on Tuesday. The nations
fourth-largest bank by assets reported adjusted earnings per share of $1.03, matching
expectations. Revenue, though, came in at $21.3 billion, shy of estimates for $21.7
billion. The banks shares slumped nearly 1% in pre-market action.
Johnson & Johnson (JNJ) also unveiled a beat in the second quarter. The consumer
products company reported adjusted profits per share of $1.71, topping expectations for
$1.68. Sales came in at $17.8 billion, beating estimates for $17.76 billion. The
companys shares saw a boost from the results in the pre-market.
As Federal Reserve Chief Janet Yellen continues to reiterate, the central bank will
continue to closely monitor economic data out of the U.S. before it makes a final
decision about when to raise interest rates. While many on Wall Street see the first rate
hike coming either in September or December, Tuesdays economic data could put a
damper on that forecast.
Retail sales data from June came in unexpectedly weak: The Commerce Department
reported sales fell 0.3% for the month, missing Wall Streets prediction for a 0.2%
pickup. Excluding the volatile auto component, sales saw a bigger discrepancy of a 0.1%
decline compared to expectations for a 0.5% pick up.
Barclays noted on Tuesday despite softness in core categories including clothing and
non-store retailers, general merchandise stores notched a second-straight month of
sales, while personal care stores showed modest improvement.
The decline in June retail sales follows solid increases across many categories in May,
and does not materially change our outlook for consumption growth, a Barclays note
read. Furthermore, the data are reported in nominal terms and we have little available
data to isolate price effects until Fridays CPI release.

http://www.foxbusiness.com/markets/2015/07/14/wall-street-looks-to-break-win-streak-after-iran-deal/[7/14/2015 5:14:29 PM]

Energy Sector Helps Wall Street Close on High Note | Fox Business

Import and export prices didnt help brighten the economic snapshot. The Labor
Department reported export prices for June slumped 0.2% compared to a 0.1%
expected climb. Import prices, meanwhile, also fell 0.1% for the month compared to a
0.1% increase.
In corporate news, Chinese-owned Tsinghua Unigroup is reportedly preparing an offer to
buy U.S. chip maker Micron Technology (MU) in a $23 billion bid. A spokesperson for
the American company told FOX Business the company does not comment on rumor or
speculation, but added we can confirm we have not received an offer. Shares of Micron
jumped nearly 9% in recent trading after news of the potential deal was first reported by
the Wall Street Journal Monday night.
In currencies on Monday, the euro rose 0.03% against the U.S. dollar. The yield on the
benchmark 10-year U.S. Treasury note fell 0.027 of a percentage point to 2.403. Bond
yields move in the opposite direction of prices.
Investors continued to keep an eye on China, where the nation continues to grapple with
extreme volatility in the face of a recent massive selloff. On Tuesday the Shanghai
Composite index fell 1.16% to 3924. Elsewhere in Asia, Hong Kongs Hang Seng slid
0.41% to 25120, while Japans Nikkei added 1.47 % to 20385.

Follow Victoria Craig on Twitter @VictoriaCraig.

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http://www.foxbusiness.com/markets/2015/07/14/wall-street-looks-to-break-win-streak-after-iran-deal/[7/14/2015 5:14:29 PM]

Energy Sector Helps Wall Street Close on High Note | Fox Business

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Closed Captioning Policy

This material may not be published, broadcast, rewritten, or redistributed. 2015 FOX News Network, LLC. All rights
reserved. All market data delayed 20 minutes.

http://www.foxbusiness.com/markets/2015/07/14/wall-street-looks-to-break-win-streak-after-iran-deal/[7/14/2015 5:14:29 PM]

7/15/2015

Search

Sensextakesoilcomfort,endsabove28,000levelTheHindu

GO

BUSINESSMARKETS

Published:July15,201517:38IST|Updated:July15,201517:38IST
Mumbai,July15,2015

Sensextakesoilcomfort,endsabove28,000level
PTI
ThebenchmarkBSESensextodayralliedover265pointstocloseabovethecrucial28,000markforthefirsttimesinceJuly7onacrossthe
boardbuyingamidfreshcapitalinflows.
InvestorconcernshaveeasedsomewhataftertheGreecebailoutdealevenascuesfromglobalmarketsremainedmixed.
TheinvestorappetiteimprovedfurtheronhopesthatsofteroilpricesinglobalmarketswouldhelpIndiacurbitstwindeficitsandinflationas
itimportsalmostonethirdofitscruderequirements,brokerssaid.
GlobalcrudepricesfellfollowinganucleardealbetweenIranandsixmajorworldpowersastheliftingofsanctionsmeansIranwillexport
moreoiltothealreadyoversuppliedmarket.
Brentwasdown0.68percentatUSD58.11perbarrel.OilrigproviderAbanOffshorewasinthelimelightforthesecondstraightday,which
roseanother1.87percent.
Valuebasedbuyinginseveralbluechipssupportedtherallytoo.Thekeyindexopenedonastrongfootingandreclaimedthe28,000markto
touchthedayshighof28,218.37.Itfinallysettledhigherby265.39points,or0.95percent,at28,198.29,itshighestclosingsinceJuly7.
InvestorsarealsokeenlytrackingUSFedChairJanetYellenstestimonyintheUSCongress.
Ofthe30packSensex,27endedinthegreen,withMarutiSuzukiemergingasthetopperformer.
MarutiSuzukiIndia,thecountrysbiggestcarmaker,hitanalltimehighofRs.4,182beforesettling2.63percenthigheratRs.4,155.
OtherbluechipsthatsupportedtherallyincludedTataMotors,Wipro,TCS,M&MandLupin.Also,the50shareNiftyrecapturedthe8,500
levelandwentuptohitthedayspeakof8,531.40andfinallysettledhigherby69.70points,or0.82percent,at8,523.80.Thisisthehighest
closesinceApril17whentheNiftyendedat8,606.
Sectorwise,BSEAutogainedthemost(up1.35percent),followedbyIT,technology,healthcare,realtyandcapitalgoods.Buyingactivityin
smallandmidcapsectorsalsopickedup,withtheBSEsmallcapindexrising0.49percentandmidcap0.08percent.
Globally,AsianmarketsclosedthedaymixedafterdatashowedChinaseconomygrewmorethanexpectedinthesecondquarter.European
marketseasedatthestartoftradingasGreecesParliamentpreparedtovoteonitsnewbailoutproposals.
Meanwhile,foreignportfolioinvestors(FPIs)netboughtsharesworthRs.269.90croreyesterday,accordingtoprovisionalexchangedata.
Printableversion|Jul15,20155:56:42PM|http://www.thehindu.com/business/markets/sensextakesoilcomfortendsabove28000
level/article7425614.ece
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Nasdaq Hits New Record as Earnings, Greece Relief Lift Stocks | Fox Business

MARKET UPDATE

Nasdaq Hits New Record as Earnings, Greece Relief


Lift Stocks

By Victoria Craig Published July 16, 2015 FOXBusiness

(Reuters)

FOX Business: The Power to Prosper


U.S. equity markets posted gains Thursday after the Greek parliament approved austerity
measures in exchange for financial aid, and as traders digested second-quarter results
from Netflix (NFLX), Goldman Sachs (GS) and Citigroup (C).
The Dow Jones Industrial Average rose 70 points, or 0.39% to 18120. The S&P 500 rose
16 points, or 0.8% to 2124, while the Nasdaq Composite added 64 points, or 1.26% to
5163 the 7th record close of 2015.

http://www.foxbusiness.com/markets/2015/07/16/futures-point-to-higher-open-after-greek-vote/[7/16/2015 11:37:06 PM]

Nasdaq Hits New Record as Earnings, Greece Relief Lift Stocks | Fox Business

Nine of ten S&P sectors were higher, led by utilities, consumer staples and telecom.
Materials was the only sector in the red, down about 0.03%.
Todays markets
In the early morning hours of the day, Greece approved a round of fresh austerity
measures, including pension reform and tax increases that cleared the way for the debtladen nation to receive bailout funding agreed to by the eurozone last week.
On the heels of the vote, the Eurogroup released a statement later in the morning
announcing it welcomes the adoption of the initial bailout terms by the Greek
parliament, and said it agreed in principle to three-year financial assistance to the nation.
Further, in a press conference, European Central Bank President Mario Draghi said the
ECB would increase its emergency liquidity assistance to the nation by 900 million euros
over one week. He added that the central bank operates under the assumption that
Greece is and will continue to remain the in the euro.
The moves ease concerns across the world of a Greek exit from the eurozone. However,
Joshua Mahony, market analyst at IG, wrote in a note that while the vote gives the
Greeks a reprieve and allow the nation to reopen its banks and the economy to return to
normal, there are still fundamental problems that have to be solved.
The IMFs decision to finally stray from the Troika in calling out the issues surrounding
debt sustainability were warranted, and there will be no long-term way out of this debt
spiral without some form of debt write-down, he noted.
Still, European markets cheered the move. The Euro Stoxx 50, which tracks large-cap
companies in the eurozone, jumped 1.49% to 3677. Meanwhile, the German Dax closed
1.53% higher, the French CAC 40 was 1.77% higher, while the UKs FTSE 100 rose
0.63%.
In the U.S., stocks got an extra boost after Federal Reserve Chief Janet Yellen told
lawmakers that the central bank will raise interest rates in a prudent and gradual
manner. Yellen has said she still sees a likely scenario for liftoff this year.
It was Yellens second day on Capitol Hill for her semi-annual testimony to Congress on
monetary policy. Thursdays visit to the Senate Banking Committee follows an
appearance in front of the House Financial Services Committee on Wednesday, which,

http://www.foxbusiness.com/markets/2015/07/16/futures-point-to-higher-open-after-greek-vote/[7/16/2015 11:37:06 PM]

Nasdaq Hits New Record as Earnings, Greece Relief Lift Stocks | Fox Business

at times, allowed for a heated question-and-answer session.


Leading up to Yellens trip to Capitol Hill on Thursday, Mahony warned investors not to
expect any more clarity on the rate-hike landscape.
Ms. Yellen yet again reiterated that we will see a hike this year, but also emphasized the
importance of the size and speed of a hike rather than its timing. Ultimately, monetary
tightening will always seem like walking on eggshells, and I expect it to be slow-paced
and moderate in size regardless of whether it starts in September or later this year, he
wrote.
As investors awaited the start of Yellens hearing on the Hill, they parsed a round of data
thanks to a full economic calendar. Weekly jobless claims fell more than expected last
week to 281,000 from a downwardly revised 296,000 the week prior. Wall Street
expected claims to fall to 281,000 from an initially reported 297,000.
A reading on mid-Atlantic manufacturing activity from the Philadelphia Federal Reserve
showed factory activity continued to expand, but as a much slower rate than forecast.
The gauge dropped to 5.7 in July from 15.2 the month prior. Wall Street was looking for
a shallower fall to 12.
The latest read on homebuilder sentiment from the National Association of Home
Builders showed confidence held steady for the month of July. The NAHBs gauge
remained unchanged at 60 for the month.
Second-quarter earnings season rolled on with two of the nations biggest banks
reporting results ahead of the opening bell.
Shares of Goldman Sachs came under pressure after the company reported secondquarter results that were dented by litigation costs and lower trading revenue. Litigation
provisions cut the U.S.s biggest investment banks profits nearly in half, EPS came in at
$1.98. Excluding those costs, profits per share were $4.75. Analysts were looking for
$3.89 a share. Revenue, meanwhile, came in at $9.07 billion, beating Wall Street
expectations for $8.78 billion.
Citigroup shares soared on the back of its second-quarter results released before the
opening bell, which showed the bank booked its highest profit in eight years. The
nations third-largest bank by assets unveiled profits per share of $1.45 excluding credit
and debt valuations adjustments as well as expenses from a mortgage settlement from

http://www.foxbusiness.com/markets/2015/07/16/futures-point-to-higher-open-after-greek-vote/[7/16/2015 11:37:06 PM]

Nasdaq Hits New Record as Earnings, Greece Relief Lift Stocks | Fox Business

the year ago period. The results came in above Wall Street expectations for $1.34 a
share. Meanwhile, revenue excluding CVA/DVA came in at $19.2 billion, also topping
Street views for $19.12 billion.
EBay (EBAY), meanwhile, reported adjusted second-quarter profits per share of 76
cents, topping views for 72 cents. The e-commerce giant also said it would spin off its
enterprise business to a consortium led by private equity firm Permira for $925 million.
Including the enterprise unit, eBay revealed revenue of $4.65 billion, beating
expectations for $4.49 billion. Revenue excluding enterprise came in at $4.38 billion.
Elsewhere in the world, in Asia, where growth concerns persist, Chinas Shanghai
Composite index added 0.46% to 3823. Hong Kongs Hang Seng ticked up 0.43% to
25162, while Japans Nikkei rose 0.67% to 20600.
In currencies, the euro fell 0.68% against the U.S. dollar. The yield on the benchmark 10year U.S. Treasury note rose 0.002 of a percentage point to 2.35%. Bond yields move in
the opposite direction of prices.
In commodities, U.S. crude oil futures erased earlier gains and declined 1% to $50.91 a
barrel. Brent, the international benchmark, was trading 0.2% lower to $57.01 a barrel.
Gold prices declined 0.3% to $1,143 a troy ounce.

Follow Victoria Craig on Twitter @VictoriaCraig.

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http://www.foxbusiness.com/markets/2015/07/16/futures-point-to-higher-open-after-greek-vote/[7/16/2015 11:37:06 PM]

Nasdaq Hits New Record as Earnings, Greece Relief Lift Stocks | Fox Business

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This material may not be published, broadcast, rewritten, or redistributed. 2015 FOX News Network, LLC. All rights
reserved. All market data delayed 20 minutes.

http://www.foxbusiness.com/markets/2015/07/16/futures-point-to-higher-open-after-greek-vote/[7/16/2015 11:37:06 PM]

7/16/2015

Search

Sensexsurges120pointsinearlytradeTheHindu

GO

BUSINESSMARKETS

Published:July16,201510:08IST|Updated:July16,201519:41IST
Mumbai,July16,2015

Sensexclimbs248pointsto3monthhigh
PTI
ThebenchmarkBSESensexextendeditswinningrunfortheseconddaytodaysurgingalmost248pointstoendat28,446.12,athreemonth
high,amidsustainedforeigncapitalinflows.
TheNiftymadeasmartrallyreclaimingthe8,600mark,mainlyledbygainsinbankingandoil&gasstocks.
Thesentimentperkedup,withbankingstockscatchinginvestors'fancyafterthegovernmentintroducedacompositeforeigninvestmentcap
byclubbingallformsofoverseasinvestmentstodefinesectorallimits,brokerssaid.
Besides,expectationsthatafallinglobaloilpricesfollowingadealbetweenworldpowersandIranwillprovideenoughcushiontoRBItocut
rateshelped,theyadded.
Printableversion|Jul17,20159:12:14AM|http://www.thehindu.com/business/markets/sensexsurges120pointsinearly
trade/article7428652.ece
TheHindu

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1/1

Sensex hits triple century, Nifty above 8600; RIL, HDFC up - Moneycontrol.com

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Jul 22, 2015, 04.44 PM IST | Source: Moneycontrol.com

Enter Company

Sensex hits triple century, Nifty


above 8600; RIL, HDFC up
Experts believe the market can top 8800-8900 before July expiry if June quarter earnings support
(which is unlikely) and parliament clears any important bill (like GST or Land Bill).

MOST POPULAR

Get Quote

GO

TOP NEWS

Odds stacked against Sikka


& co, says ex-Infosys CFO
Bala
GST panel submits report in
RS; proposes modifications

16:21
Moneycontrol Bureau

Cairn-Vedanta merger blues:


After LIC, UIIC unhappy
The market staged strong performance
Wednesday, recouping two-day losses
with the Sensex hitting a triple century
led by banking & financials and oil &

Mumbai property prices may


crash as much as 50%:
Ambit

gas stocks. In fact, equity benchmarks


outperformed global peers.

Eicher Motors Q2 net profit


rises 41% to Rs 222 crore

The 30-Sensex BSE Sensex rallied


322.79 points or 1.15 percent to
28504.93 and the 50-share NSE Nifty
rose 104.05 points or 1.22 percent at 8633.50.

Experts believe the market can top 8800-8900 before July expiry if June quarter earnings support (which is
unlikely) and parliament clears any important bill (like GST or Land Bill).

Super Six short term picks for


July 22

Stocks in news: Sun Pharma,


Idea, Pipavav, SpiceJet,
Sanofi

Gautam Trivedi of Religare Capital said risk reward is favorable to invest into the market now. Massive
domestic money continued to enter market through mutual funds, he added.

See volatile mkt in near term;


NPAs sorting out: HSBC

The BSE Midcap index outperformed benchmarks, rising 1.3 percent. The market breadth was positive as
1756 shares advanced against 1068 shares declined on the Bombay Stock Exchange.

India outperformed amidst global sluggishness. European markets fell 0.3-1 percent on disappointing tech

Here's how Vishal Sikka led


Infosys recovery in Q1

earnings from Microsoft and Apple. Asian benchmarks like the Nikkei and Hang Seng ended 1 percent lower
on further fall in commodities whereas Shanghai gained 0.2 percent.

http://www.moneycontrol.com/news/local-markets/sensex-hits-triple-century-nifty-above-8600-ril-hdfc-up_2092441.html[7/22/2015 8:07:17 AM]

Q1 nos drag Sensex 238pts;


Sun Pharma down 15%, Infy

Sensex hits triple century, Nifty above 8600; RIL, HDFC up - Moneycontrol.com

The commodity rout continued with gold falling below USD 1100, down 1 percent to USD 1,092.90 an

up 11%

ounce. NYMEX crude oil price dropped 1 percent to USD 50.29 a barrel on a build up in US stockpiles.

Back home, select panel of the GST (Goods & Services Tax) its submitted report on Constitutional
Amendment Bill in Rajya Sabha. The panel recommended compensation to states for 5 years, and a GST rate
band to be defined in the law itself.. It also recommended alcohol, tobacco and petroleum products to be kept

VIDEO OF THE DAY

out for now and said the 1 percent manufacturing tax should be retained.
See FY16 earnings growth in high single
digits: Religare

Sun Pharma (up 3.35 percent), Hindustan Unilever (up 2.65 percent) and Asian Paints (up 3.2 percent)
reversed previous day's losses. Sun Pharma crashed yesterday 15 percent post profit warning for FY16 and
Asian Paints & HUL reacted to Q1 earnings.

NEWS VIDEOS

Petrochemical major Reliance Industries was the biggest gainer and contributor to the Sensex's gains, up 4.26

See mobile trading booming


in future: Tradejini.com

percent followed by HDFC with 2.7 percent upside.

ICICI Bank (up 1.8 percent), HDFC Bank (up 1.4 percent), Mahindra & Mahindra (up 3.4 percent) and State
Bank of India (up 1.7 percent) were other leading gainers while Bharti Airtel and TCS fell over a percent.

Bajaj Auto surged 3 percent and Lupin plunged 3.3 percent ahead of their June quarter earnings. A CNBC-

Hope RBI acknowledges


near normal monsoon on
Aug 4: UTI MF

TV18 poll expects Bajaj Auto's bottoline to grow a whopping 27.7 percent year-on-year and Lupin's Q1 profit
to fall 8.4 percent.

In the broader space, Entertainment Network India (operates Radio Mirchi) rallied 12 percent on getting

GST passage will give cos'


confidence for capex push:
Emkay

information & broadcasting ministry's approval to buy 4 radio stations of TV Today that operates Oye FM
ratio channel.

Zensar Technologies gained 11 percent on reseller agreement with Jive Software. Kalyani Steels was locked at
20 upper circuit after reporting a 88.9 percent rise in profit year-on-year.

There was some relief for Sun TV Network today. Delhi High Court allowed the government to proceed with
FM phase-III auctions as planned on July 27 and also allowed Red FM (owned by Sun TV) to participate in
the bids. Sun's application on the matter will be heard again on July 24. The stock declined 1.6 percent.

14:00
Sensex ends 323pts higher, Nifty above 8600; Reliance up 4%
Reliance, M&M, Sun Pharma, Bajaj Auto and HUL were top gainers while Lupin, TCS, Bharti
Airtel, Infosys and Hindalco were among laggards.
Read More

13:00
Sensex, Nifty surge 1%; Lupin, Bharti, Vedanta laggards

Read More

12:00
Nifty above 8600, Sensex gains 250 pts; Reliance leads

Read More

11:00
Sensex rises, Nifty above 8550; HUL, HDFC, Cipla gainers

Read More

10:00

http://www.moneycontrol.com/news/local-markets/sensex-hits-triple-century-nifty-above-8600-ril-hdfc-up_2092441.html[7/22/2015 8:07:17 AM]

Eyeing 25% plus sales


revenue in 3 yrs: Salzer
Electronics

Wall Street Rebounds After Five-Day Losing Streak as Energy Rallies | Fox Business

MARKET UPDATE

Wall Street Rebounds After Five-Day Losing Streak as


Energy Rallies

By Victoria Craig Published July 28, 2015 FOXBusiness

(Reuters)

FOX Business: The Power to Prosper


Wall Street broke a five-session losing streak as concerns over China from the prior
session fell by the wayside.
The Dow Jones Industrial Average jumped 188 points, or 1.08 % to 17629. The S&P 500
gained 25 points, or 1.26 % to 2093, while the Nasdaq Composite rose 49 points, or
0.97 % to 5088.
Todays Market
Energy helped lead the markets higher on Tuesday; the sector rallied more than 3%, its
http://www.foxbusiness.com/markets/2015/07/28/us-stock-futures-climb-with-key-fed-meeting-in-focus/?intcmp=bigtopmarketfeatures[7/28/2015 6:26:26 PM]

Wall Street Rebounds After Five-Day Losing Streak as Energy Rallies | Fox Business

biggest one-day gain in more than four months, as oil prices traded higher.
U.S. crude oil prices rose 0.34% to $47.73 a barrel, while Brent, the international
benchmark, gave up gains, falling 0.39% to $53.08 a barrel.
Exxon (XOM) and Chevron (CVX) were the two biggest gainers on the Dow, each rallied
3% and 4% respectively.
Meanwhile, concerns from the prior session over the sudden and drastic selloff in
Chinese equity markets waned despite another more than 1% decline overnight.
Chinas Shanghai Composite index dropped 1.68%, while Hong Kongs Hang Seng rose
0.62%, and Japans Nikkei slid 0.10%.
Chinas economy is still in a tailspin, but Beijing claims it will ensure a soft landing,
David Madden, market analyst at IG said in a morning note. The correction we
witnessed today is relatively small when compared with yesterdays declines, and
traders will need to see firm action from the Chinese government before they become
serious about going long.
Meanwhile, focus at home shifted back to earnings season and the start of the Federal
Reserves two-day policy-setting meeting.
The Federal Open Market Committees meeting kicks off Tuesday with a policy
announcement due Wednesday afternoon. Investors hope to have more clarity about the
timing and trajectory of looming interest rate hikes after this week, though theres
virtually no expectation of a policy change this time around. Consensus still pins the first
increase on the FOMCs September meeting.
Barclays U.S. economists Michael Gapen and Rob Martin noted that before hinting at a
firmer rate-hike timeline, members of the FOMC will likely want to see first reading on
second-quarter GDP, June producer and consumer price inflation reports, and the July
jobs report.
The FOMC is unlikely to provide a clear signal about the likelihood of a September lift-off
at the time of the July meeting. In our view, it will provide a signal only if it has no
intention of moving in September. No news leaves the door wide open for September,
they noted.

http://www.foxbusiness.com/markets/2015/07/28/us-stock-futures-climb-with-key-fed-meeting-in-focus/?intcmp=bigtopmarketfeatures[7/28/2015 6:26:26 PM]

Wall Street Rebounds After Five-Day Losing Streak as Energy Rallies | Fox Business

On the earnings front, Pfizer (PFE) said a strong U.S. dollar sent its quarterly revenue
down 7%, but the pharmaceutical company boosted its full-year outlook. Merck (MRK)
also said the dollars strength, coupled with the sale of the companys consumer care
business, affected its quarterly performance.
Meanwhile, Fords (F) North American sales helped the automaker speed past estimates,
while the company also maintained its full-year outlook. UPS (UPS) also cited the
stronger dollar for its weaker-than-expected second-quarter revenue results, adding that
a lower fuel surcharge helped drag sales lower.
After the closing bell, traders await earnings from social-media giant Twitter (TWTR).
Analysts are hoping for a four-cent profit.
The economic data calendar was set with S&P/Case-Shiller home price index, which
showed home prices in 20 major metropolitan areas rose 1.1% in May on a nonseasonally adjusted basis. The reading missed expectations for a 1.3% increase. From
the same period a year ago, home prices rose 4.9%, also missing expectations for a
5.6% climb.
The Conference Boards gauge of consumer confidence dropped to 90.9 in July from an
earlier reading of 99.8. Wall Street expected the closely-watched gauge to rise to 100
during the month.
In currencies, the euro traded 0.32% lower against the U.S. dollar. The yield on the
benchmark 10-year U.S. Treasury note rose 0.027 of a percentage point to 2.255%.
Bond yields move in the opposite direction of prices.
Gold, meanwhile, erased gains from Monday, and slid 0.15% to $1,095 a troy ounce.
Elsewhere in the world, European equities closed higher. The Euro Stoxx 50, which
tracks large-cap companies in the eurozone, jumped 1.03%. The German Dax climbed
0.93% higher,the French CAC 40 was 0.80% higher, while the UKs FTSE 100 rose
0.78%.

Follow Victoria Craig on Twitter @VictoriaCraig.

http://www.foxbusiness.com/markets/2015/07/28/us-stock-futures-climb-with-key-fed-meeting-in-focus/?intcmp=bigtopmarketfeatures[7/28/2015 6:26:26 PM]

Wall Street Rebounds After Five-Day Losing Streak as Energy Rallies | Fox Business

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http://www.foxbusiness.com/markets/2015/07/28/us-stock-futures-climb-with-key-fed-meeting-in-focus/?intcmp=bigtopmarketfeatures[7/28/2015 6:26:26 PM]

Wall Street Ends Higher After Fed Statement | Fox Business

MARKET UPDATE

Wall Street Ends Higher After Fed Statement

By Victoria Craig Published July 29, 2015 FOXBusiness

(Reuters)

Wall Street held on to gains following the release of the Federal Reserves policy
statement, which said the central bank will keep rates steady, but did not give investors
more clarity on when the Fed is likely to begin raising interest rates.
The Dow Jones Industrial Average was 120 points higher, or 0.68% to 17750. The S&P
500 rose 15 points, or 0.73% to 2108, while the Nasdaq Composite added 22 points, or
0.44% to 5111.
Energy again led the S&P 500 sectors in positive territory, rising 1.28%.
Todays Markets
In the U.S. all eyes were on the Federal Reserve Wednesday after the central banks

http://www.foxbusiness.com/markets/2015/07/29/futures-grind-higher-with-fed-statement-on-tap/?intcmp=bigtopmarketfeatures[7/29/2015 5:06:40 PM]

Wall Street Ends Higher After Fed Statement | Fox Business

policy setting committee said it maintained previous rate guidance, giving no clearer
indication about when it will begin to raise interest rates from a decade of historic lows.
Odds are still on the first increase coming after the committees September meeting,
however, some believe it could be delayed until December, or even the first part of 2016.
Laura LaRosa, director of portfolio management at Glenmeade, said its not so much if
and when the Fed begins to hike rates, but what the pace of rate hikes will be once
increases are initiated.
If rates go up in September and everything slows down after that when youll see some
rate hikes over the course of the year that are small and scattered, the markets are
probably going to take that well, she said. But if you see a hike in September, and then
again in December, it might make the markets more nervous and uncertain.
LaRosa said she doesnt believe the pace of rate hikes will be consistent and will be a
long process, meaning the central bank will most likely hike rates for the first time, wait
and assess the economic situation, and then raise rates for a second time.
The Fed has insisted any decision on rates will be dependent on economic data. In its
statement, the FOMC upgraded its assessment on the labor market in the U.S., and said
it sees improvement with solid job gains and a decline in unemployment.
They really kept this thought process that theyll continue to watch the labor market
throughout their decision making, but I was surprised to see that. I thought that piece of
the statement would have been taken out, LaRosa added.
No doubt the Fed will continue to monitor economic data in America, and theres no
shortage of updates on the calendar in the next two weeks with the first print of secondquarter GDP out on Thursday, followed by the July jobs report next Friday.
Ahead of the Feds statement on Wednesday, investors got the latest look at the housing
market. Pending home sales posted a surprise drop in June, falling 1.8% for the month
compared to forecasts for a 1% pick up.
Gains in the U.S. came as worries over Chinas equity markets subsided after the
nations securities regulator announced an effort to buy shares in an effort to calm the
market, while the central bank dropped hints of more easing to come.

http://www.foxbusiness.com/markets/2015/07/29/futures-grind-higher-with-fed-statement-on-tap/?intcmp=bigtopmarketfeatures[7/29/2015 5:06:40 PM]

Wall Street Ends Higher After Fed Statement | Fox Business

Chinas Shanghai Composite index jumped 3.44%, while Hong Kongs Hang Seng rose
0.47%, and Japans Nikkei slipped 0.13%.
Alastair McCaig, market analyst at IG, wrote in a note that the global market moves are
essentially caused from a lack of outwardly negative macro news, replacing pessimism
with a dash of optimism.
Although a quick glance at the history books proves that stories involving central banks
trying to bend the will of the free markets to their own will dont end well, he said.
Elsewhere in the world, European equities took a pause ahead of the Fed statement. The
Euro Stoxx 50, which tracks large-cap companies in the eurozone, rose 0.61%. The
German Dax climbed 0.35%; the French CAC 40 jumped 0.82%, while the UKs FTSE
100 rose 1.17%.
Focus in the U.S. also remained on second-quarter earnings with Facebook (FB) set to
release its results after the closing bell. Analysts expected the social-media giant to
reveal earnings of 47 cents per share.
Meanwhile, after posting higher-than-expected earnings after the bell Tuesday, Twitter
(TWTR) shares continued to drop, falling to a new 52-week low. Despite the beat on
headline numbers, investors ditched the stock after the company saw little growth in its
active users, pared back its capex spending figures, lowered the low end of its 3Q
outlook, and gave no indication of when an appointment of its next CEO might come.
Twitter shares dropped 14%.
Yelp (YELP)shares also continued to come under pressure in early trading after the
company lowered its full-year revenue outlook amid slow sales growth and the
discontinuation of its brand advertising product by the end of the year. Shares plunged
as much as 28%.
In commodities, U.S. crude oil prices reversed earlier losses after weekly inventory data
from the Energy Information Administration showed stockpiles fell by 4.2 million barrels
to 459.68 million. The decline was steeper than the 0.2 million barrel drawdown
expected.
The data helped push global oil prices higher. U.S. crude settled up 1.50% to $48.69 a
barrel. Brent, the international benchmark, rose 0.13% to $53.43 a barrel.

http://www.foxbusiness.com/markets/2015/07/29/futures-grind-higher-with-fed-statement-on-tap/?intcmp=bigtopmarketfeatures[7/29/2015 5:06:40 PM]

Wall Street Ends Higher After Fed Statement | Fox Business

Gold prices hovered around five-year lows, slipping 0.12% to $1,095 a troy ounce.
In currencies, the euro traded 0.33% lower against the U.S. dollar. The yield on the
benchmark 10-year U.S. Treasury note rose 0.020 of a percentage point to 2.270%.
Bond yields move in the opposite direction of prices.

Follow Victoria Craig on Twitter @VictoriaCraig.

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This material may not be published, broadcast, rewritten, or redistributed. 2015 FOX News Network, LLC. All rights
reserved. All market data delayed 20 minutes.

http://www.foxbusiness.com/markets/2015/07/29/futures-grind-higher-with-fed-statement-on-tap/?intcmp=bigtopmarketfeatures[7/29/2015 5:06:40 PM]

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