Tuesday 22 July 2014
 
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Dow Jones

World stock markets up near record high

Global equity markets traded higher on Monday, although they pared gains from levels close to an all-time high, as low interest rates bolstered sentiment even as US Treasury yields rose. Wall Street's benchmark S&P 500, wh

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Asian shares rise after Dow record

  Asian shares extended gains on Wednesday as Wall Street's record close yesterday encouraged investors to take on more risk amid signs of a continuing US economic recovery and globally accommodative monetary conditions.

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Futures slide as euro debt yields eyed

US stock index futures fell on Wednesday as Europe's debt crisis continued to worry investors and closely watched Italian bond yields rose again. S&P 500 futures fell 12.1 points and were below fair value, a formula that evaluates pric

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Economic woes hit markets worldwide

World stocks ended lower yesterday as investors piled into safe havens on worries about sovereign debt crises on both sides of the Atlantic and after data showed meagre growth in the US economy. The Swiss franc, a traditional safe-haven cu

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Sedco sets up $2.9bn wealth management firm

Saudi-based Sedco Holding has announced the launch of a wealth management company based in Jeddah with a strategic asset portfolio of SR11 billion ($2.9 billion). Sedco Capital offers asset management, advisory, corporate finance and custo

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Dow, S&P 500 bounce back, boosted by GE

The Dow and S&P 500 rose on Friday as General Electric Co's earnings put a positive tone on the economic recovery. The Dow Jones industrial average gained 49.04 points, or 0.41 percent, to end unofficially at 11,871.84. S&P 500

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Dubai group to manage Dow Jones Factiva

Dow Jones has signed an exclusive agreement with Media Intelligence, a subsidiary of Dubai-based news management firm News Group International, for the management and marketing of Dow Jones Factiva in the Mena region. Fractiva is a leading

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US at loss on market plunge, wants new rules

Regulators still have not been able to pinpoint the cause of the market's recent plunge, but charged ahead with new rules to restrict trading when markets are in free-fall. Nearly two weeks after the Dow Jones industrial average dropped so

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World stocks start 2010 rising to 15-month highs

World stocks kicked off the new year hitting a 15-month high on optimism the global economic recovery is underway, while the US dollar slid on profit taking ahead of a US jobs report this week. The weak dollar pushed energy and commodity p

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Dow Jones explores sale of indexes business

Dow Jones has been talking to potential buyers about the sale of its stock-market indexing business, which includes the Dow Jones Industrial Average, The Wall Street Journal reported on Friday. The Wall Street Journal, in its online editio

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