Stocks, more than housing, seen as initial QE3 winners

By Jason Lange and Leah Schnurr WASHINGTON/NEW YORK (Reuters) – The Federal Reserve’s new economic stimulus plan involves printing vast sums of money to help people buy homes, but over the next year the program could do more to boost the economy by lifting stock prices. The Fed said last week it would buy $40 [...]

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A comedown may be waiting after Fed high

By Edward Krudy NEW YORK (Reuters) – Comparing the Federal Reserve to a rehab clinic offering addicted investors a synthetic high has been a favorite of Wall Street wags ever since the first round of Fed stimulus nearly four years ago. The punch line is that you always need more and more to get the [...]

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Wall Street ends at multi-year highs on Fed

By Wanfeng Zhou NEW YORK (Reuters) – U.S. stocks rose for a fourth straight session on Friday to close out the week at nearly five-year highs after the Federal Reserve took bold action to spur the economy, a move that could keep equities buoyed in the coming months. Shares of Apple Inc (AAPL.O), the largest [...]

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World Stocks Jump on Fed Pledge for U.S. Economy

MILAN (AP) — World stock markets shot higher Friday after the Federal Reserve met investor expectations by giving the green light to big asset purchases to boost the U.S. economy. “What wasn’t expected – and explains the particularly exuberant reaction by markets – was the open-ended nature of the latest plan, with the U.S. committing [...]

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Fed Pulls Trigger, Launches QE3

The Federal Reserve fulfilled expectations of more stimulus for the faltering economy, taking aim now at driving down mortgage rates. The Fed said it will buy $40 billion of mortgages per month in an attempt to foster a nascent recovery in the real estate market. The purchases will be open-ended, meaning that they will continue [...]

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Apple’s iPhone 5: Does It Live Up to the Hype?

Follow The Daily Ticker on Facebook! After weeks of speculation about its size, feel and capabilities, the iPhone 5 has finally arrived. Apple introduced its latest smart phone at a special event in San Francisco Wednesday, almost a year after the death of founder and CEO Steve Jobs. The new phone is taller, thinner and [...]

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Asian shares rise before German ruling, Fed meeting

By Chikako Mogi TOKYO (Reuters) – Asian shares rose to three-week highs on optimism that a German court will approve the legality of the euro zone’s bailout fund later on Wednesday and the U.S. Federal Reserve may deliver further stimulus measures this week. Risk momentum was supported by comments from Premier Wen Jiabao on Tuesday [...]

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Stock index futures signal firmer open

Stock index futures pointed to a slightly higher open on Wall Street on Tuesday, with futures for the SP 500 and Dow Jones up 0.2 percent, with Nasdaq 100 futures 0.1 percent higher at 0859 GMT. European equities (.FTEU3) eased on Tuesday, with investors taking profits after a rally to 13-month highs on concerns about [...]

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Here Comes Apple’s Product of the Year — Now What’s Next?

If you don’t already know, Apple (AAPL) is announcing the release of the iPhone 5. The latest version of the five-year-old product that now accounts for more than half of Apple’s revenues has yet to see the light of day, but has been discussed and analyzed as much as any 10 Android or Windows smartphone [...]

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Jobs rut tips scales in favor of Fed stimulus

By Pedro Nicolaci da Costa WASHINGTON (Reuters) – The Federal Reserve looks set to launch a third round of bond purchases this week to try to drive borrowing costs lower and breathe more life into an economy that is not growing fast enough to lower unemployment. Despite political opposition and some internal dissent, economists said [...]

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