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Showing posts with the label June 14

Dow Falls 100, Stocks Close Down 1% for Week: Wall Street at Close Report by CNBC, June 14 ,2013.

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Stocks closed out a volatile week on Wall Street broadly in the red Friday, led lower by banks, as investors digested a batch of mixed economic reports and remained on edge as concerns lingered over whether central banks will pare back their stimulus programs. "Markets are more fragile now, whereas they had been bulletproof by the bulls for the last six months," said Joe Saluzzi, co-manager of trading at Themis Trading. "Unfortunately, the only thing that everyone cares about is what the Fed's doing and that's troubling, when we should be looking at economic data, fundamentals and corporate profits…There are still warning signs being flagged right now and people are getting concerned." U.S. Major Index Performance Last Today's % Change 1 Week % Change MTD % Change

The Telegraph Front Page P.M. - Finance, June 14, 2013: Paul Tucker's decision to stand down as deputy governor is a huge loss for the Bank of England, According to Analysts.

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Friday, June 14, 2013     Front page PM Finance Business news and markets: live   Paul Tucker's decision to stand down as deputy governor is a 'huge loss' for the Bank of England, according to analysts. Singapore censures UK banks in rigging probe Tullow Oil wins Uganda tax dispute Housebuilding slows decline in construction Mortgage market undermines home ownership   comment A Evans-Pritchard : China’s credit is literally off the charts Tim Stanley : Obama has a habit of doing ‘too much, too late’ James Delingpole : 12 good reasons to scrap the Met Office   most viewed Culture: Man of Steel: how Hollywood almost defeated Superman Technology: E3 2013: PlayStation 4 hands-on Fashion: Behind the scenes on Christoph Waltz's Prada campaign   How about that Sick man's song for wife is online hit The week in pictures