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Last update: Sat, 01 Oct 2016 05pm

Americas

Markets - Equity - Americas

US stocks tumble on worries about Deutsche Bank NEW YORK: Wall Street stocks tumbled Thursday on renewed worries about banks following a report on withdrawals from Deutsche Bank and a bruising Capitol Hill hearing with the head of Wells Fargo.At the closing bell, the Dow Jones Industrial Average was at 18,144.55, down 1.1 percent.The broad-based S&P 500 fell 0.9 percent to 2,151.12, while the tech-rich Nasdaq Composite Index shed 0.9 percent to 5,269.15.US shares of Deutsche Bank sank 6.7 percent following a report that about 10 hedge funds withdrew some funds from the German bank due to worries about the bank's condition.Wells Fargo lost 2.1 percent after chief executive John Stumpf was berated by lawmakers over a bogus accounts scandal, with some demanding he resign.Other large banks, including Goldman Sachs and JPMorgan Chase, also retreated.Copyright AFP (Agence France-Presse), 2016 ...

Markets - Equity - Americas

TSX rises as rally in energy stocks builds TORONTO: Canada's main stock index edged higher on Thursday as energy stocks added to sharp gains from the day before on a surprise output cut agreement by OPEC. The Toronto Stock Exchange's S&P/TSX composite index was up 13.02 points, or 0.09 percent, at 14,744.45 points, shortly after the open. Four of the index's 10 main groups were higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX rises to nearly 1-week high, led by energy TORONTO: Canada's main stock index rose on Wednesday to a nearly one-week high as energy stocks added to sharp gains from one day before on a surprise output cut agreement by OPEC. The most influential movers on the index were some of the country's largest energy companies. Suncor Energy Inc rose 1.9 percent to C$36.25 and Canadian Natural Resources Ltd advanced 1.6 percent to C$41.81. The index's energy group climbed 1.9 percent, which takes its ...

Markets - Equity - Americas

News of OPEC deal sparks US stock gains NEW YORK: Wall Street stocks earned a solid boost Wednesday after a tentative deal by OPEC producers to cut oil output sent crude prices soaring over five percent.The deal in Algiers, reported by Bloomberg, jolted oil sector shares higher, pulling the rest of the market along with them.The Dow Jones Industrial Average finished up 0.6 percent to 18,339.240.The broad-based S&P 500 rose 0.5 percent to 2,171.37, while the tech-rich Nasdaq Composite gained 0.2 percent to ...

Markets - Equity - Americas

TSX rises as energy stocks soar on OPEC deal TORONTO: Canada's main stock index rose the most in one week on Wednesday as energy stocks soared after OPEC sources said the group has struck a deal to limit crude output, while the financials and materials groups also gained ground. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 173.39 points, or 1.19 percent, at 14,731.43. Eight of the index's 10 main groups ended higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX rises, led by energy and financials; BlackBerry rallies TORONTO: Canada's main stock index rose on Wednesday, with energy and financial stocks leading broad based gains, while BlackBerry Ltd rallied after the company said it will outsource the development and design of its flagship smartphone. The Toronto Stock Exchange's S&P/TSX composite index was up 67.46 points, or 0.46 percent, at 14,625.50, shortly after the open. All of its 10 main groups were higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks edge higher helped by energy shares NEW YORK: US stocks opened modestly higher Wednesday, helped by a rebound in oil shares, but sports gear giant Nike sank after sales data pointed to a weaker coming quarter.Five minutes into trade, the Dow Jones Industrial Average added 0.3 percent to 18,277.40.The broad-based S&P 500 rose 0.2 percent to 2,163.62, while the tech-rich Nasdaq Composite Index gained 0.1 percent to 5,311.43."There isn't any strong sense that the stock market is poised to break out ...