Wall Street Week Ahead: Central banks, data to steer investors

By Wanfeng Zhou NEW YORK (Reuters) – With signs of a slower economy mounting, the near-term outlook for U.S. stocks isn’t rosy, but investors may find comfort next week from the world’s major central banks. The Federal Reserve will meet on Tuesday and Wednesday, with the report of weaker-than-expected, first-quarter growth could reinforce expectations the […]

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Smartwatches: Wave of the Future or Failure-to-Be?

By Kevin Chupka It wasn’t long ago that many were declaring the wristwatch dead, killed by the rise of cellphones. The logic: Why would you need a time-tracker on your wrist when you have a smartphone that provides this service – and so much more? According to sales data from NPD Group, in the two-year […]

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Did Paul Krugman Win This Economic Fight?

For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world. On one side were economists and politicians who wanted to increase government spending to offset weakness in the private sector. This “stimulus” spending, economists like Paul Krugman argued, would help […]

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Trade Glitches Test Investors’ Fragile Faith in Market

This has been another week in which the market machines have displeased their human masters – or should that be human slaves? From the “Twitter flash crash” to a forced shutdown of Charles Schwab Corp’s (SCHW) brokerage network to a nearly day-long system outage at the CBOE Holdings Inc.’s (CBOE) Chicago Board Options Exchange, the […]

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Wall Street gains on earnings, data, but S&P record a hurdle

By Rodrigo Campos NEW YORK (Reuters) – Stocks rose on Thursday, lifted by stronger-than-expected earnings and a large drop in weekly jobless claims. The SP 500, up for five straight sessions, traded within a point of its record closing high before shedding about half of the day’s gains. The high was near the 1,593 level […]

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Asian shares tick higher, weak durable orders stall dollar

By Chikako Mogi TOKYO (Reuters) – Asian shares edged higher on Thursday, supported by views that a run of weak global economic data will encourage major central banks to keep or deepen their monetary stimulus, though dismal U.S. durable goods orders for March weighed on the dollar. Oil prices, copper and gold recovered, also helping […]

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Stock index futures indicate higher open

Stock index futures indicate higher openReuters Stock index futures pointed to a higher open on Wall Street on Wednesday, with futures for the SP 500, Dow Jones … From: http://us.rd.yahoo.com/finance/news/rss/story/SIG=14miqoj9u/*http%3A//us.rd.yahoo.com/finance/news/topfinstories/SIG=12jvemtsn/*http%3A//finance.yahoo.com/news/wall-street-jumps-recovery-twitter-012743636.html?l=1

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Time for Apple to Answer Its Wake-Up Call

When earnings expectations are as low as they are for Apple (AAPL), results don’t get “released” as much as they escape captivity. Even if Apple sandbagged its guidance in order to make the actual numbers look good, the company is almost certain to report shrinking year-over-year profits for the first time in more than a […]

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Time for Apple to Answer Its Wake-Up Call

When earnings expectations are as low as they are for Apple (AAPL), results don’t get “released” as much as they escape captivity. Even if Apple sandbagged its guidance in order to make the actual numbers look good, the company is almost certain to report shrinking year-over-year profits for the first time in more than a […]

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Netflix Shares Soar After Earnings Beat

Netflix (NFLX) shot up more than 20 percent after the movie-rental company reported earnings that beat expectations. The headquarters of Netflix is shown in Los Gatos, California. REUTERS/Robert GalbraithWhat’s the stock doing now? (Click here for the latest after-hours quote.) (NFLX) The company posted first-quarter earnings excluding items of 31 cents a share, up from […]

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