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Markets Trade on a Strong Note This Morning
The Global Markets gives out mixed cues this morning. U.S. stocks fell this week, with the Standard & Poor’s 500 Index dropping four straight days, after new-home sales sank to a record low and the Federal Reserve said European indebtedness may harm American growth. European stocks posted their first weekly drop in more than a month, after disappointing U.S. housing data and a surge in the cost to protect from a Greek default reignited concern about the global economic recovery. This morning most Asian stocks dropped, led by Japanese banks after Mizuho Financial Group Inc. announced a share sale. Commodity companies advanced. In commodities, Crude oil rose to the highest in seven weeks as the dollar fell against the euro, bolstering demand for commodities, and on concern the Atlantic hurricane season...
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Markets Trade on a Strong Note This Morning
Source: Dalal Street Investment
Dalal Street Investment Journal
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