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Wall Street gets lift from Home Depot results, data NEW YORK: US stocks rose on Tuesday, after solid earnings from Home Depot and supportive economic data on inflation and the housing market.Home Depot gained 4.1 percent to $86.99 as the biggest boost to both the Dow and S&P 500. The world's largest home improvement retailer reported earnings and revenue that topped Wall Street expectations and raised its full-year profit forecast."It's been very mixed in the retail world and a company like Home Depot, there is a multiplier effect there," said David Donabedian, chief investment officer at Atlantic Trust in Baltimore."It is retail but it also feeds into the perception of what is happening in the housing market, which finally seems to have turned positive. That is huge for the economy."Housing starts rebounded strongly in July, as groundbreaking surged 15.7 percent to a seasonally adjusted annual 1.09-million unit pace to halt two straight months of declines and top expectations for ...

TSX hits two-week high on upbeat US data TORONTO: Canada's main stock index touched its highest level in more than two weeks on Tuesday as positive US economic data helped drive advances in every major sector.Data showed a rebound in US housing starts in July, while a moderate increase in consumer prices suggested the Federal Reserve has room to keep interest rates low for a while.Investors also awaited the release of minutes from a recent Fed policy meeting to look for clues about ...
Wall St extends global stocks rally; dollar up NEW YORK: Global stock markets rose on Tuesday as investors turned bolder on signs the Ukraine crisis was easing and monetary policy appeared likely to remain accommodative.The dollar climbed smartly as the euro sank to a nine-month low against the dollar. U.S. Treasuries yields fell.Bolstered by strong profits from retailer Home Depot and improved U.S. housing and economic data, Wall Street gained as equities worldwide traded near multi-year highs despite the past month's jitters over ...
US stocks rise on strong housing data NEW YORK: US stocks moved higher in early trade Tuesday following strong housing construction data and a solid earnings report from retailer Home Depot.About 30 minutes into trade, the Dow Jones Industrial Average advanced 49.99 points (0.30 percent) to 16,888.73.The broad-based S&P 500 gained 5.48 (0.28 percent) to 1,977.22, while the tech-rich Nasdaq Composite Index rose 12.28 (0.27 percent) to 4,520.59.Commerce Department housing data came in significantly better than expected, with new home construction rebounding ...
US stocks rebound as Ukraine fears ease; Dow up 1.1pc NEW YORK: US stocks rebounded Monday from last week's Ukraine-linked setback as fears of a clash with Russia ebbed, with the Dow surging 1.1 percent and Nasdaq reaching a 14-year high.Markets also got a spark from a brewing bidding war over the discount retail sector by the three "Dollar" chains.The Dow Jones Industrial Average finished up 175.83 points (1.06 percent) at 16,838.74.The broad-based S&P 500 added 16.68 (0.85 percent) at 1,971.74, while the tech-rich Nasdaq ...
US stocks rebound as Ukraine fears ease; Dow up 1.1 pc NEW YORK: US stocks rebounded on Monday from last week's Ukraine-linked setback as fears of a clash with Russia ebbed, with the Dow up 1.1 percent and Nasdaq at a 14-year high.Markets also got a spark from a brewing bidding war over the discount retail sector by the three "Dollar" chains.The Dow Jones Industrial Average finished up 175.83 points (1.06 percent) at 16,838.74.The broad-based S&P 500 added 16.67 (0.85 percent) at 1,971.73, while the tech-rich ...
Wall St gains as Ukraine worry cools, M&A lift NEW YORK: US stocks advanced on Monday, as the threat of an escalation of tensions in Ukraine appeared to diminish and the latest flurry of merger action supported equities.Russia said all issues related to its humanitarian convoy to Ukraine had been resolved but said no progress has been made toward a ceasefire or political solution to the fighting in the east of the country after talks between Russia, Germany, France and Ukraine on Sunday.However, the ...

 



 
Index Closing Chg%
Arrow DJIA 17,067.56 0.18
Arrow Nasdaq 4,598.19 0.39
Arrow S&P 2,002.28 0.05
Arrow FTSE 6,829.17 0.06
Arrow DAX 9,507.02 0.30
Arrow CAC-40 4,378.33 0.03
Arrow Nikkei 15,668.60 1.24
Arrow H.Seng 24,749.02 0.01
Arrow Sensex 27,019.39 0.57





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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 02, 2014
Reserves $13.581 bln