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US stocks sell off, dollar slips on growth worries NEW YORK: Wall Street stocks sold off sharply, with semiconductor and biotech shares sliding more than 4 percent, and the dollar slipped on Wednesday after government data signaled the US economic expansion was slowing. Treasuries also dropped in price after a disappointing sale of new government debt, while gains in the euro prompted a pullback in European stock markets. The Nasdaq was the biggest loser on Wall Street, falling more 2 percent, after a modest rise in equities on news of a deal between Kraft Foods and Heinz Co to create North America's third-largest food company gave way to a wave of selling . Stocks were stung by data showing unexpectedly weak US durable goods orders. Losses accelerated after the benchmark S&P 500 fell below a technical support level near 2,085. The Commerce Department data showed business investment spending plans fell for a sixth straight month in February, news that ...

US stocks open higher buoyed by Kraft-Heinz merger NEW YORK: US stocks opened higher Wednesday buoyed by the proposed mega-merger of HJ Heinz and Kraft Foods, creating North America's third-largest food and beverage conglomerate.Five minutes into trade, the Dow Jones Industrial Average was up 17.46 points (0.10 percent) at 18,028.60.The broad-based S&P 500 added 4.44 (0.21 percent) at 2,095.94, while the tech-rich Nasdaq Composite Index rose 5.76 (0.12 percent) to 5,000.49.Kraft surged 32.6 percent to $80.99 as Heinz's owners 3G Capital and Berkshire ...
Wall St off in choppy trading after soft data NEW YORK: US stocks fell in choppy, tight-range trading on Wednesday, with indexes reacting to moves in currency markets and to a gauge of industrial orders that unexpectedly fell last month.A drop in durable goods orders pushed the dollar index lower , giving initial support to equities as it eases fears that the rally in the U.S. currency will hurt corporate earnings. However, with valuations stretched as stock indexes trade near record highs, weak economic ...
Wall St, dollar slip on US growth worries NEW YORK: Wall Street stocks and the dollar slipped on Wednesday as government data signaled the U.S. economic expansion was slowing, while gains in the euro prompted a pullback in European stock markets.A modest lift at the opening bell for U.S. stocks on news of a deal between Kraft Foods and Heinz Co to create North America's third-largest food company failed to hold, with stocks fading after data showed unexpectedly weak U.S. durable goods orders.The ...
Wall Street mixed; Kraft jumps 32pc on Heinz merger NEW YORK: Blue chips and tech stocks sagged after solid opening gains on Wall Street Wednesday, but shares in Kraft Foods soared 32 percent on the announcement of its merger with Heinz. About 50 minutes into trade, the Dow Jones Industrial Average was down 28.22 points (0.16 percent) at 17,982.92The broad-based S&P 500 was barely up by 0.49 point (0.02 percent) at 2,091.99, while the tech-rich Nasdaq Composite Index fell 21.73 (0.44 percent) to 4,973.00.Kraft ...
TSX rises with resource stocks as commodity prices gain TORONTO: Canada's main stock index rose higher on Wednesday as a weaker U.S. dollar helped fuel gains in commodity prices, pushing up shares in the energy and gold-mining sectors.Recent weakness in the U.S. dollar, which has been under pressure since the Federal Reserve released comments on its outlook for interest rates last week, has provided a boost to commodity prices. On Wednesday, the price of oil jumped 2 percent and the bullion price gained 0.5 ...
Wall St drifts lower; Google buoys Nasdaq NEW YORK: US stocks drifted lower on Tuesday, as equities kept in a tight range that corresponded with currency fluctuations as traders focused on the dollar's strength and its possible effect on corporate earnings.Declines on the Nasdaq were held in check by a boost from Google, up 2.3 percent to $578.24.Morgan Stanley's chief financial officer is leaving the bank to join Google. Data from home sales to inflation and manufacturing indicated the US economy remains ...

 



 
Index Closing Chg%
Arrow DJIA 17,678.23 0.23
Arrow Nasdaq 4,863.36 0.27
Arrow S&P 2,056.15 0.24
Arrow FTSE 6,895.33 1.37
Arrow DAX 11,843.66 0.18
Arrow CAC-40 5,006.35 0.29
Arrow Nikkei 19,471.12 1.39
Arrow H.Seng 24,497.08 0.13
Arrow Sensex 27,457.58 2.33





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyJanuary
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln