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Shares rise on US economic data: global markets NEW YORK: Stocks on Wall Street zoomed to a record high on Friday, shrugging off a revised downward estimate to US growth, while the euro hit its highest level this year after inflation in Europe stabilized, cooling expectations of looser monetary policy.The benchmark Standard & Poor's 500 stock index surged to an intraday record after a round of mostly positive economic data.A discouraging read on US gross domestic product, however, cast some doubt on whether higher equity valuations are justified.GDP expanded at a 2.4 percent annual rate, down sharply from the 3.2 percent pace reported in January and the 4.1 percent logged in the third quarter, the Commerce Department said.But the pace of business activity in the US Midwest rose slightly in February, beating expectations and snapping a three-month run of slower growth, the business barometer from the Institute for Supply Management-Chicago showed.Contracts to buy previously owned US homes edged ...

Bulls drive S&P 500 to fresh record NEW YORK: The S&P 500 set a new record close Thursday as buyers pushed up stocks helped by a cautiously positive view of the economy from Federal Reserve Chair Janet Yellen.The Dow Jones Industrial Average added 74.24 points (0.46 percent) at 16,272.65.The broad-based S&P 500 passed the previous high mark set in January with a gain of 9.13 (0.49 percent) to a record 1,854.29.The tech-heavy Nasdaq hit its best level since the dot-com crash of ...
US stocks edge higher ahead of Yellen testimony NEW YORK: US stocks on Wednesday finished with modest gains as investors looked ahead to Thursday's congressional testimony by Federal Reserve Chair Janet Yellen.At the closing bell, the Dow Jones Industrial Average advanced 21.32 (0.13 percent) to 16,200.98.The broad-based S&P 500 finished essentially flat, up 0.09 of a point to 1,845.21, while the tech-rich Nasdaq Composite Index gained 4.48 (0.10 percent) to 4,292.06.Analysts said investors were looking ahead to Yellen's testimony at a Senate panel ...
US stocks dip on weak data, JPMorgan outlook NEW YORK: Wall Street stocks fell Tuesday following weak US economic data and a mixed outlook from JPMorgan Chase on some of its key business units.At the closing bell, the Dow Jones Industrial Average dropped 26.01 points (0.16 percent) to 16,181.13.The broad-based S&P 500 dipped 2.48 (0.13 percent) to 1,845.13, while the tech-rich Nasdaq Composite Index gave up 5.10 (0.12 percent) at 4,287.87.The Case-Shiller index for home prices in 20 leading US cities fell 0.1 ...
Wall Street holds near record high: global markets NEW YORK: Stocks on major world markets edged higher on Tuesday, holding near six-year highs as investors shrugged off mixed US economic data, while the US dollar rose against the yuan on suspicion China's central bank intervened in the currency market. Wall Street's benchmark S&P 500 was near record highs, while MSCI's all world index, which tracks stocks in 45 countries, was in positive territory for the 13th session in 15 and at its highest ...
US stocks rise; S&P 500 narrowly misses record NEW YORK: US stocks Monday finished higher as a February rally accelerated amid continued strength of some high-flying technology equities.At the closing bell, the broad-market S&P 500 rose 11.31 points (0.62 percent) to 1,847.56, narrowly missing an all-time record.The Dow Jones Industrial Average gained 102.75 (0.64 percent) to 16,206.05, while the tech-rich Nasdaq Composite Index jumped 29.18 (0.68 percent) to 4,292.59.Monday's gains were led by continued strength of prominent technology equities such as Netflix, Tesla ...
US stocks rise; S&P 500 in record territory NEW YORK: The S&P 500 was in record territory in early trade Monday, as US stocks rose ahead of a busy week of economic data and retail sector earnings reports.About 30 minutes into trade, the S&P 500 bolted 14.25 (0.78 percent) higher to 1,850.50, past the all-time closing high of 1,848.36 his in January.The Dow Jones Industrial Average advanced 129.42 (0.80 percent) to 16,232.72, while the tech-rich Nasdaq Composite Index jumped 31.02 (0.73 percent) to ...


Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41

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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln