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US stocks fall as Fed hints at higher rates NEW YORK: US stocks dropped after Federal Reserve Chair Janet Yellen offered a rough time-table for when the central bank could raise benchmark interest rates.At the closing bell, the Dow Jones Industrial Average slid 113.12 points (0.69 percent) to 16,223.07.The broad-based S&P 500 fell 11.41 (0.61 percent) to 1,860.84, while the tech-rich Nasdaq Composite Index declined 25.71 (0.59 percent) to 4,307.60.Stocks did not move significantly after the Fed's initial policy announcement at 1800 GMT, which, as expected, continued a plan to trim back stimulus.But a remark from Yellen during a news conference rattled markets, sending the Dow as low as 16,336.19 before stocks pared losses.Yellen said the time-frame for raising interest rates could be "on the order of around six months" after the stimulus ends.Michael James, managing director of equity trading at Wedbush Securities, said the time-frame suggested the shift from an era of extremely low rates would come "sooner ...

US stocks little changed ahead of Fed announcement NEW YORK: Wall Street stocks were little changed in early trade Wednesday ahead of a policy statement from the US Federal Reserve that could spell out its interest rate plans.About 35 minutes into trade, the Dow Jones Industrial Average rose 15.18 (0.09 percent) to 16,351.37.The broad-based S&P 500 ticked 0.61 (0.03 percent) higher to 1,872.86, while the tech-rich Nasdaq Composite Index slipped 3.56 (0.03 percent) to 4,330.53..The Fed is widely expected to continue paring its ...
US stocks rise despite Russia's Ukraine move NEW YORK: US stocks barrelled higher on Tuesday despite Russia's move to absorb Crimea following a controversial weekend vote by the region to secede from Ukraine.The Dow Jones Industrial Average jumped 88.97 (0.55 percent) to 16,336.19.The broad-based S&P 500 shot up 13.42 (0.72 percent) to 1,872.25 to bring it within striking-distance of a record. The tech-rich Nasdaq Composite Index gained 53.36 (1.25 percent) to 4,333.31.Russian President Vladimir Putin signed a treaty making Crimea part of ...
CBOT oats trade below posted 20-cent-per-day limit CHICAGO: The May oats contract at the Chicago Board of Trade fell below its daily 20-cent limit on Tuesday, dipping to $4.31-1/2 per bushel, a decline of 26 cents from the previous day's settlement, according to the website of the CME Group, parent of the CBOT.CME posted the daily limits in oats for Tuesday's trade at the regular level of 20 cents. The exchange normally posts any change to the limits ahead of the next ...
TSX steady as Ukraine tensions ease, gold miners drop TORONTO: Canada's main stock index was little changed on Monday as a peaceful conclusion of the referendum in Crimea drove gains in some sectors, but the perceived easing of tension in the region weighed on the bullion price and sent gold-mining shares lower.The United States and European Union imposed sanctions, including asset freezes and travel bans, on officials from Russia and Ukraine after Crimea applied to join Russia following the referendum on seceding from Ukraine.Investors ...
US stocks surge despite Ukraine vote NEW YORK: US stocks bolted higher Monday, brushing off geopolitical concerns after a controversial vote Sunday by Crimea to secede from Ukraine and join Russia.At the closing bell, the Dow Jones Industrial Average jumped 177.44 (1.10 percent) to 16,243.11.The broad-based S&P 500 gained 17.48 (0.95 percent) to 1,858.61 , while the tech-rich Nasdaq Composite Index added 34.64 (0.95 percent) at 4,279.95.The gains came despite the rise in tensions over Ukraine, with the United States and ...
Brent oil falls below $107 as Ukraine concern eases NEW YORK: Brent oil futures fell by nearly $2 per barrel on Monday as ample global supplies outweighed concerns over continued tensions between Russia and the West over the fate of Crimea.While the United States and Europe imposed sanctions on Russian officials, Crimea's vote to become part of Russia passed without major violence over the weekend, and oil supplies from Russia remained unaffected.Global oil prices rallied into the weekend as traders bought contracts to cover ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
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WeeklyApril 14, 2014
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