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US shares fall despite strong growth numbers NEW YORK: Wall Street investors sold off shares Thursday following a stronger-than-expected report on US economic growth in the third quarter, amid worries that it means higher interest rates sooner.It took an 8.5 percent surge in Visa shares, driven by its strong quarterly earnings report, to prop up the Dow Jones Industrial Average in positive territory, with nearly all other index constituents down.Five minutes into trade, the Dow was up 61.97 points (0.37 percent) at 17,036.28.The broad-based S&P 500 fell 2.05 (0.10 percent) to 1,980.25, while the tech-rich Nasdaq Composite lost 9.99 (0.22 percent) to 4,539.24.The official first estimate of third-quarter growth came in at a peppy 3.5 percent, more good news on the economy a day after the Federal Reserve expressed greater optimism about the state of the jobs market.But a surge in the dollar and Treasury yields showed the market thinks it could pave the way for an ...

Facebook Q3 revenue rises 59pc, shares down slightly SAN FRANCISCO: Facebook Inc's mobile ads powered the social network past Wall Street revenue targets in the third quarter, even as the company revealed deep losses in its recently acquired WhatsApp business. Shares of Facebook, which are roughly up 47 percent this year, were down less than one percent at $80.20 in extended trading on Tuesday. Facebook said revenue in the three months ended Sept. 30 totaled $3.2 billion, up 59 percent from $2.02 billion ...
Wall St jumps 1pc, S&P ends above key level NEW YORK: US stocks rose more than 1 percent on Tuesday, with the S&P 500 ending above its 50-day moving average for the first time in almost a month as strong earnings eased concerns about the outlook for corporate America. The gains were broad, with all 10 primary S&P 500 sectors up on the day. Energy stocks were the day's biggest gainers, up 2.2 percent, while the Philadelphia SE Oil Service index gained 3.4 percent. ...
TSX gains 1pc; energy, banks lead broad rally TORONTO: Canada's main stock index ended 1 percent higher on Tuesday, with higher crude and other commodity prices helping boost energy and mining companies.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 155.25 points, or 1.07 percent, at 14,624.25. The index has recovered almost 1,000 points since a correction knocked it off all-time highs earlier this month. Copyright Reuters, 2014 ...
Shares rally on earnings, data; bond prices slip NEW YORK: Global equity markets rose and bond prices eased on Tuesday on solid corporate earnings on both sides of the Atlantic and an upbeat US consumer confidence report that more than made up for weak American housing and industrial data.Outside of equities, market moves were muted on the first day of a two-day Federal Reserve meeting in which the US central bank will likely reinforce its stated willingness to wait a long while before ...
Brazil markets rebound after election selloff SAO PAULO: Brazil's currency and stock markets closed higher on Tuesday as bargain hunters stepped in after a sharp selloff sparked by the re-election of President Dilma Rousseff.Other Latin American stocks and currencies were mostly stronger after mixed US economic data fed hopes that interest rates in the world's largest economy would be raised later than expected.Rousseff's victory over market-friendly challenger Aecio Neves on Sunday led Brazil's real to close at a 9-1/2-year low on ...
TSX climbs as resource prices rise TORONTO: Canada's main stock index rose more than 1 percent on Tuesday, with higher crude and other commodity prices helping boost energy and mining companies as investors returned to buying after a sharp sell-off in recent weeks.All 10 major sectors of the Toronto Stock Exchange's S&P/TSX composite index notched gains, with heft provided by heavyweight resource and financial sectors."This is just investors coming back, refocusing on the fundamentals and seeing that things aren't so bad," ...

 



 
Index Closing Chg%
Arrow DJIA 17,195.42 1.30
Arrow Nasdaq 4,566.14 0.37
Arrow S&P 1,994.65 0.62
Arrow FTSE 6,463.55 0.15
Arrow DAX 9,114.84 0.35
Arrow CAC-40 4,141.24 0.74
Arrow Nikkei 15,658.00 1.67
Arrow H.Seng 23,702.04 1.49
Arrow Sensex 27,346.33 0.92





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJuly-June
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln