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Dow hits new record, S&P misses in US stock surge NEW YORK: US stocks surged higher Tuesday as favorable sentiment towards equities more than compensated for a mixed bag of economic indicators.The Dow set a new record while the S&P 500 narrowly missed, coming within 2 points of its October 2007 all-time high.The Dow Jones Industrial Average jumped 111.43 (0.77 percent) to 14,559.18, breaking the previous mark of march 14.The S&P, which measures a broad base of equities in all major economic sectors, shot up 12.08 (0.78 percent) to 1,563.77, just short of its all-time closing high of 1,565.15.The tech-heavy Nasdaq Composite Index rose 17.18 (0.53 percent) to 3,252.48.The gains came after a mixed array of economic data. US durbale goods orders for February rose solidly on mainly aircraft orders, and the S&P/Case-Shiller Home Price index showed prices rose 8.1 percent for 20 leading cities for the 12 months to January, the highest year-over-year increase since mid-2006. But the ...

TSX drops to near one-month low after Cyprus deal TORONTO: Canada's main stock index fell to its lowest point in nearly a month on Monday as investors reconsidered their initial relief over a bailout deal for Cyprus, while shares of BlackBerry dropped 4.5 percent after a downgrade by Goldman Sachs.Stocks initially rose after Cyprus reached a deal with international lenders for a 10 billion euro ($13 billion) bailout, averting a collapse of its banking system.But sentiment quickly soured on concerns the terms of the ...
US stocks rise on Cyprus deal NEW YORK: US stocks opened higher Monday after a last-minute deal to resolve the Cyprus banking crisis bolstered markets in Europe and Asia.Five minutes into trade, the Dow Jones Industrial Average gained 15.37 (0.11 percent) to 14,527.40.The broad-based S&P 500 increased 3.81 (0.24 percent) to 1,560.70, while the tech-rich Nasdaq Composite Index jumped 7.66 (0.24 percent) to 3,252.66. analyst Patrick O'Hare described the market reaction as "somewhat subdued," perhaps in anticipation of political or ...
Wall St slides as Oracle drops, Cyprus worries escalate NEW YORK: US stocks fell on Thursday as Oracle's revenue fell far short of expectations and worries intensified about the effect of Cyprus' troubles on the euro zone.Oracle Corp shares lost 9.7 percent to $32.30 and were the biggest drag on Nasdaq, a day after its revenue disappointment, which it blamed on sales execution. It was the stock's biggest percentage drop since December 2011.Stock losses accelerated late in the session as anxiety about Cypriot finances ...
US stocks drop on Cyprus, weak earnings NEW YORK: US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.The Dow Jones Industrial Average lost 90.24 points (0.62 percent) to 14,421.49.The broad-based S&P 500 dropped 12.91 (0.83 percent) to 1,545.80, while the tech-rich Nasdaq Composite Index gave up 31.59 (0.97 percent) to 3,222.60. The retreat came after the European Central Bank said it would halt emergency funding to Cyprus' banks unless the country reaches a ...
US stocks drop on concerns about Europe NEW YORK: US stocks moved lower Thursday on growing concerns about the European economy and the Cyprus crisis.About 40 minutes into trade, the Dow Jones Industrial Average declined 64.25 (0.44 percent) to 14,447.48.The broad-based S&P 500 dropped 7.32 (0.47 percent) to 1,551.39, while the tech-rich Nasdaq Composite Index sank 22.29 (0.68 percent) to 3,231.90. Markets were on edge over the growing crisis in Cyprus. The European Central Bank said it would halt emergency funding for ...
Wall St ends higher as Fed keeps stimulus in place NEW YORK: US stocks climbed on Wednesday, with the S&P 500 snapping a three-day losing streak as the Federal Reserve reassured investors that it would keep supporting the economy.The housing sector's stocks ranked among the best performers after Lennar Corp reported a first-quarter profit well above analysts' expectations as lower interest rates and rising rents increased home sales.The Dow hit an intraday record high but fell short of closing at another record. The view that ...


Index Closing Chg%
Arrow DJIA 17,042.90 0.17
Arrow Nasdaq 4,493.39 0.28
Arrow S&P 1,972.29 0.28
Arrow FTSE 6,622.72 0.36
Arrow DAX 9,474.30 0.55
Arrow CAC-40 4,416.24 1.33
Arrow Nikkei 16,173.52 0.84
Arrow H.Seng 22,932.98 1.28
Arrow Sensex 26,630.51 0.13

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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklySeptember 25, 2014
Reserves $13.305 bln