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Chipmaker deal helps Wall St rebound, oil slumps anew NEW YORK: Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies. US Treasury debt prices jumped on government data indicating US economic growth was slowing and the dollar was down, while gold had its first losing day after a seven-session rally. The major US stock indexes snapped a four-day losing streak after the Wall Street Journal reported chipmaker Intel Corp is in talks to buy rival Altera Corp.Chipmakers bounced, led by a 28 percent gain in Altera. "We've seen a lot of M&A news recently and it's helping the market," said Stephen Massocca, chief investment officer at Wedbush Equity Management LLC in San Francisco. "There is definitely an M&A cycle going on, so that is a good thing." For the week, however, the Dow lost 2.3 ...

US stocks snap 4-day slide NEW YORK: Wall Street stocks rose Friday, snapping a four-day losing streak as traders shrugged off weaker-than-expected US economic growth in the fourth quarter.The Dow Jones Industrial Average added 34.43 points (0.19 percent) at 17,712.66.The broad-based S&P 500 rose 4.87 (0.24 percent) to 2,061.02, while the tech-rich Nasdaq Composite Index gained 27.86 (0.57 percent) at 4,891.22.US economic growth came in at an annual rate of 2.2 percent for the final quarter of 2014, less than ...
Wall St flat ahead of Yellen; biotechs bounce NEW YORK: US stocks held near the unchanged mark on Friday, putting major indexes on track to barely snap a four-session losing streak, ahead of a speech by Federal Reserve Chair Janet Yellen that could create a volatile close on Wall Street. Healthcare stocks helped buoy indexes with biotech stocks bounced 2.3 percent higher after suffering a 7-percent drop in the prior four sessions, while energy was the worst performing S&P sector as crude prices ...
US stocks rise NEW YORK: Wall Street stocks rose early Friday, shrugging off data showing weaker-than-expected US economic growth as the market sought to snap a four-day losing streak.About 35 minutes into trade, the Dow Jones Industrial Average was at 17,710.53, up 32.30 points (0.18 percent).The broad-based S&P 500 added 5.40 (0.26 percent) at 2,061.55, while the tech-rich Nasdaq Composite Index rose 25.52 (0.52 percent) to 4,888.88.US economic growth came in at an annual rate of 2.2 percent ...
Wall St falls in choppy session but ends off lows NEW YORK: US stocks fell for a fourth straight session on Thursday, but indexes ended well off session lows with support from economic data and earnings, including Accenture's. The Dow Jones industrial average fell 40.31 points, or 0.23 percent, to 17,678.23, the S&P 500 lost 4.9 points, or 0.24 percent, to 2,056.15 and the Nasdaq Composite dropped 13.16 points, or 0.27 percent, to 4,863.36. Copyright Reuters, 2015 ...
TSX falls on broad declines despite oil price surge TORONTO: Canada's main stock index slipped on Thursday as pessimism about economic growth hit banks and insurers, offsetting limited resource stock gains on the back of Middle Eastern violence that pushed oil prices higher. Saudi Arabia and its allies launched air strikes on rebels in Yemen that spooked investors, boosting commodity markets but dampening enthusiasm for equities globally. While oil prices jumped more than 4 percent, Canadian producers saw much more modest advances or even ...
US stocks fall on Yemen, valuation worries NEW YORK: US stocks dropped early Thursday amid worries about the Yemen crisis and the potential overvaluation of some equities, including in the biotech and semiconductor sectors.About 35 minutes into trade, the Dow Jones Industrial Average stood at 17,629.85, down 88.69 points (0.50 percent).The broad-based S&P 500 fell 9.41 (0.46 percent) to 2,051.64, while the tech-rich Nasdaq Composite Index lost 35.96 (0.74 percent) at 4,840.56.Saudi Arabia led an Arab air assault against Huthi rebels in ...


Index Closing Chg%
Arrow DJIA 17,826.30 1.54
Arrow Nasdaq 4,931.82 1.52
Arrow S&P 2,081.18 1.13
Arrow FTSE 6,994.60 0.93
Arrow DAX 11,688.70 2.58
Arrow CAC-40 5,143.26 1.55
Arrow Nikkei 19,652.88 1.17
Arrow H.Seng 27,653.12 0.31
Arrow Sensex 28,442.10 0.78

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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyApril 16, 2015
Reserves $16.818 bln