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Monthly Archive: April 2016

Apr 13 2016

Wall St rallies on oil gain, JPMorgan results

Market Recap 4/12/16:   U.S. stocks rallied on Tuesday, boosted by energy shares as crude oil jumped more than 4 percent, ending at its high of the year. The surge came following a report that Russia and Saudi Arabia – two major oil producers – had agreed to freeze their output. The measure is seen …

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Apr 12 2016

Wall St mixed as earnings season begins

Market Recap 4/11/16:   U.S. stocks closed lower on Monday, with caution edging up ahead of the first-quarter earnings season. Profits are seen falling sharply this quarter, in what could be the S&P 500’s third consecutive quarterly earnings pullback. The economy is already in an earnings recession – defined as two straight quarters of negative growth …

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Apr 11 2016

U.S. stocks edge up ahead of earnings season

Market Recap 4/8/16: U.S. stocks ended higher on Friday, following data that showed a drop in crude oil stockpiles. The report was a positive sign for demand and helped lift crude oil prices by more than 6 percent, a rally that sharply boosted energy shares. The energy sector has been a concern for investors of …

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Apr 08 2016

Wall St rises following positive Yellen comments

Market Recap 4/7/16:   U.S. stocks fell sharply on Thursday, with major indexes sinking more than 1 percent in a broad decline. Investors fled risky assets like stocks in favor of ones that are seen as safe-havens, like gold. The decline followed a rally in Wednesday’s session, when minutes from the Federal Reserve’s most recent …

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Apr 07 2016

Wall St edges lower as investors digest recent Fed minutes

Market Recap 4/6/16:   U.S. stocks rose on Wednesday, boosted by comments from the Federal Reserve that indicated the central bank was unlikely to raise interest rates before June. Investors have been cautious about Fed policy of late, given uncertainty over when and how frequently rate hikes could be expected. An aggressive Fed is considered …

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