Dow plunges 470 points as oil sinks 8% in grim September debut

U.S. stocks kicked off September with heavy losses on the heels of the worst month for Wall Street since 2012 amid mounting concerns over the strength of the global economy. The Dow Jones Industrial AverageĀ (^DJI) dropped 469.7 points, or 2.8%, to 16058.3, the SP 500 (^GSPC) fell 58.3 points, or 3.8%, to 1913.8 and the […]

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Focus turns to U.S. data as China slowdown looms

By Chuck Mikolajczak NEW YORK (Reuters) – After a dizzying two weeks that saw a rapid plunge and rebound in equity prices, investors are looking forward to a week of economic data that may provide clarity on the likelihood of a near-term U.S. interest rate hike and help tamp down the market’s recent wild swings. […]

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Wall Street caps turbulent week on a smooth note

By Herbert Lash NEW YORK (Reuters) – A volatile ride for global markets this week ended calmly on Friday even as lingering worries over Chinese economic growth and the Federal Reserve’s plans to raise interest rates weighed on stocks, but oil rebounded sharply for a second day. U.S. crude jumped more than 6 percent as […]

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Bulls are back: Wall Street surges in sharpest rally since ’11

U.S. stocks are closing sharply higher, giving the stock market its best day in close to four years. Stocks are rebounding from a six-day slump that was prompted by concerns about the health of the Chinese economy. The Dow Jones industrial average climbed 619 points, or 4 percent on Wednesday. The Standard Poor’s 500 index […]

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Flight to safety: U.S. stocks suffer heavy losses

Wall Street dropped on Monday in tumultuous action as traders raced into safe-haven assets amid mounting worries over instability in China and emerging markets. The Dow Jones Industrial Average (^DJI) skidded 588.5 points, or 3.6%, to 15871.3, the SP 500 (^GSPC) dropped 77.7 points, or 3.9%, to 1893.2, and the Nasdaq Composite (^IXIC) fell 179.8 […]

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Emerging market worries prompt selloff, but bulls remain

By David Randall NEW YORK (Reuters) – The steep selloff that pushed down the benchmark Standard Poor’s 500 index five percent over three days may say more about the outlook for emerging markets than U.S. companies in the fourth quarter, fund managers and analysts say. China’s economic slowdown, recessions in Latin American countries such as […]

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Wall Street pummeled in steepest rout since February 2014

U.S. stocks closed near session lows on Thursday, off more than 2 percent, as investors weighed continued uncertainty about the timing of a rate hike and concerns about global growth headed by slowing in China. The SP 500 and Dow Jones industrial average both had their worst day since Feb. 3, 2014. ( Tweet This […]

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Most of Buick’s future U.S. cars may come from overseas

By Paul Lienert and Bernie Woodall DETROIT (Reuters) – Most Buick vehicles sold in the United States after 2016 could be imported from China and Europe, according to two sources familiar with parent General Motors Co’s plans. Only two of Buick’s future U.S. models, replacements for the mid-size LaCrosse sedan and the large Enclave crossover, […]

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The Best Pennsylvania Life Insurance Policy

Life insurance is a policy that grants beneficiaries a sum of money or benefits from an insurance holder to insurer. The life insurance in Pennsylvania varies and in most cases, a policy holder will have an insurance agent customize their life insurance policy to better suit their needs. Life insurance is a wonderful way to […]

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Investors to look at Fed, earnings with China filter

By Rodrigo Campos NEW YORK (Reuters) – Investors will comb through Wednesday’s minutes of the most recent Federal Reserve meeting for indications on how the U.S. central bank will react to the recent yuan devaluation and the further decline in oil prices. The recent outperformance of bank stocks and underperformance of utilities, both on expectations […]

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