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Monthly Archive: August 2015

Aug 31 2015

Stocks remain volatile amid China, rate hike uncertainty

Market Recap 08/28/15:   U.S. stocks ended a volatile week with a flat session on Friday, as confusion over when the Federal Reserve would begin raising rates gave the market little in the way of a defined trend. Stocks fell early in the session after Fed Vice Chairman Stanley Fischer told CNBC that the central …

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Aug 28 2015

Wall St set to fall after huge two-day rally

Market Recap 08/26/15:   Wall Street stocks rallied on Thursday, with major indexes up more than 2 percent as a strong read on U.S. economic growth offset continued concerns over the pace of growth in China. The day’s gains were broad, with sectors rising across the board and commodities rebounding as well. Crude oil surged 10 percent. The GDP report comes …

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Aug 27 2015

Easing rate concerns give Wall St big rally

Market Recap 08/26/15: U.S. stocks jumped on Wednesday, with major indexes posting their best one-day advance in four years. The rally snapped a six-day losing streak, however, one driven by slowing growth in China and that country’s plummeting stock market. The rally came after New York Fed President William Dudley said that the prospect of …

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Aug 26 2015

Wall St looks to rise as China continues to crater

Market Recap 08/25/15:   U.S. stocks closed lower on Tuesday as a strong initial rally was dramatically reversed in afternoon trading. Wall Street opened sharply higher after the People’s Bank of China cut interest rates and made it easier for banks to lend, measures designed to stabilize the country’s plummeting stock market, but concerns soon grew that …

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Aug 25 2015

Market volatility continues amid China rout

Market Recap 08/24/15:   U.S. stocks suffered their worst one-day decline in four years on Monday, with the S&P 500 formally entering correction territory as weakness in China’s market continued to drag down Wall Street. Volatility was extremely high, with the Dow Jones industrial average at one point plummeting more than 1,000 points for its …

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