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Wall St Week Ahead-Spring fever brings hope for US earnings NEW YORK: Earnings season shifts into high gear next week, and with nearly one-third of S&P 500 names set to post results, investors hope the news provides a catalyst to buy stocks and leave the market's recent weakness in the dust. Several behemoths, including Apple, the largest US company by market value, as well as Microsoft, McDonald's and AT&T, are due to report earnings. They'll be accompanied by highfliers like Netflix and Facebook, giving the first real cross-section of the state of corporate America as temperatures rise across the country and investors hope to put the cold weather behind them. Strategists will also be looking for clues on how badly China's slowdown hits US corporate results. The first batch of earnings came out as equities were working their way through a selloff led by trading-crowd favorites like Netflix and the biotech stocks.With the late-week recovery, the hope is that the ...

US stocks end mostly higher after earnings deluge NEW YORK: US stocks Thursday finished a holiday-shortened week mostly higher following a plethora of earnings reports that generally met or exceeded expectations.The Dow Jones Industrial Average fell 16.31 points (0.10 percent) to 16,408.54.The broad-based S&P 500 advanced 2.54 (0.14 percent) to 1,864.85, while the tech-rich Nasdaq Composite Index rose 9.29 (0.23 percent) to 4,095.52. Major earnings reports came from a broad of range of companies across finance, consumer goods, industrials and other segments of ...
Wall St ends higher after Yellen's comments NEW YORK: US stocks rose 1 percent on Wednesday, advancing for a third straight session as Federal Reserve Chair Janet Yellen reaffirmed the central bank's commitment to keeping interest rates low. Yahoo's shares rallied, giving a boost to the S&P 500. The Dow Jones industrial average shot up 162.29 points, or 1.00 percent, to end unofficially at 16,424.85. The Standard & Poor's 500 Index gained 19.33 points, or 1.05 percent, to finish unofficially at 1,862.31. ...
Alibaba steals Yahoo's thunder ahead of IPO NEW YORK: If Yahoo appears back in favor, it can thank Alibaba, the Chinese Web giant in which it holds a big stake and that is set for a public stock offering.Yahoo shares soared 6.26 percent to close at $36.35 Wednesday on the heels of a better-than-expected quarterly report, but some were more focused on the Alibaba financial results buried in the document."The salient point of Yahoo's first quarter results was the very strong December ...
US stocks higher after positive housing, output data NEW YORK: US stocks rose in early trade on Wednesday after positive reports on the housing market and industrial production for March pointed to the economy emerging from bad winter weather.After 50 minutes of trade, the Dow Jones Industrial Average was up 94.50 points (0.58 percent) at 16,357.06.The broad-based S&P 500 rose 9.10 (0.49 percent) to 1,852.08, while the Nasdaq Composite was the strongest gainer, adding 26.70 (0.66 percent) at 4,060.87.The buying followed Tuesday's wild ...
Wall St gains after Chinese data, Yahoo up on Alibaba NEW YORK: US stocks rose for a third straight session on Wednesday after China's economic growth exceeded expectations and Yahoo shares rallied on the strength of revenue growth in Chinese e-commerce giant Alibaba, in which it has a stake.China, the world's second-largest economy, grew at its slowest pace in 18 months at the start of 2014, but the rise was better than expected and showed some improvement in March.The global economy should grow steadily at ...
TSX climbs as China data drives gains TORONTO: Canada's main stock index advanced on Wednesday after bullish economic data from China boosted investor sentiment and helped drive gains in every major sector.It was a mixed picture in the United States, where industrial production rose at a faster-than-expected clip in March but housing starts climbed less than expected and building permits fell.Data showed a 7.4 percent expansion in the Chinese economy in the first quarter. While the growth was at its slowest pace ...

 



 
Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyFebruary
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln