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Last update: Thu, 11 Feb 2016 05am

Americas

Markets - Equity - Americas

US stocks jump 2.4%, joining global rally NEW YORK: US stocks jumped about 2.4 percent Friday, joining a global rally after surprise stimulus by the Bank of Japan raised confidence of further central bank moves to boost growth.The Dow Jones Industrial Average gained 396.66 points (2.47 percent) at 16,466.30.The broad-based S&P 500 advanced 46.88 (2.48 percent) to 1,940.24, while the tech-rich Nasdaq Composite Index rose 107.28 (2.38 percent) to 4,613.95.The Bank of Japan adopted a below-zero interest rate policy, essentially charging lenders to park their cash with it. The move helped spur stocks higher in Europe and Asia.Stocks picked up further momentum following official US government data showing the US economy grew an anemic 0.7 percent in the fourth quarter. Analysts said the weak growth reduced the chances the Federal Reserve will move quickly to hike interest again."This basically sets the tone that central banks are going to have to boost the economy," said Peter Cardillo, chief ...

Markets - Equity - Americas

US stocks gain as oil prices surge NEW YORK: US stocks gained in early trade Thursday helped by a surge in oil prices after Russia said it would meet with OPEC over the depressed crude market.But gains were tempered by a mixed bag of company earnings and forecasts, with Caterpillar sharply higher but Ford sinking.About 45 minutes into trade, the S&P 500 was up 5.91 points (0.31 percent) at 1,888.86.The Dow Jones Industrial Average added 47.15 (0.30 percent) at 15,991.61, while the ...

Markets - Equity - Americas

Oil rally helps energy stocks lead TSX higher TORONTO: Canada's main stock index gained on Thursday, with energy stocks riding a oil price rally as expectations rose that major producers may cooperate to cut output, while Bombardier Inc fell further into territory that risks index expulsion.The energy sector climbed 3.9 percent as oil surged as much as 8 percent to above $35 per barrel, bouncing sharply away from a 12-year low set this month.The most influential movers on the index included Canadian Natural ...

Markets - Equity - Americas

TSX falls as energy stocks, Rogers weigh TORONTO: Canada's main stock index fell on Wednesday as a drop in crude oil prices weighed on energy stocks, while Rogers Communications Inc retreated after reporting fourth-quarter earnings that fell short of expectations.The Toronto Stock Exchange's S&P/TSX composite index was down 35.29 points, or 0.29 percent, at 12,296.03, shortly after the open. It included a 1.9 percent loss for the telecoms sector.Copyright Reuters, 2016 ...

Markets - Equity - Americas

Poor outlooks from Apple, Boeing pull US stocks lower NEW YORK: US stocks opened lower Wednesday after Apple and Boeing shares fell sharply on disappointing earnings forecasts.Five minutes into trade, the Dow Jones Industrial Average was at 16,038.48, down 128.75 points (0.80 percent).The broad-market S&P 500 fell 7.03 (0.37 percent) to 1,896.60, while the tech-rich Nasdaq Composite dropped 17.60 (0.39 percent) to 4,550.07.Apple shares sank 5.2 percent after the tech giant reported only minimal growth in sales of iPhone, its main money-maker, in the ...

Markets - Equity - Americas

Shares of Brazil's JBS shares fall after executives charged SAO PAULO: Shares of Brazilian meatpacker JBS SA fell more than 8 percent on Tuesday after prosecutors charged the head of its controller J&F Investimentos and eight others from the JBS group and bank Banco Rural with crimes against the financial system. In a statement on Tuesday, prosecutors said companies within Grupo JBS had passed on loans to each other in 2011, which is illegal in Brazil. JBS and J&F representatives did not immediately respond ...

Markets - Equity - Americas

TSX gains as oil price rise boosts energy shares TORONTO: Canada's main stock index rose on Tuesday as shares in banks and energy companies were helped higher by a recovery in the price of oil to above $30 a barrel.There were six gainers for every decliner on the Toronto Stock Exchange's S&P/TSX composite index in morning trade, with all ten main groups gaining.At 10:10 a.m. EST (1510 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 116.67 points, or 0.96 percent, at 12,259.83.The ...