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Market News

Location American Market News for 18 October 2014
U.S. stocks soared Friday, closing out another whiplash week as the blue-chip Dow Jones Industrial Average index jumped over 200 points. Before the surge, however, the S&P 500 posted its longest streak of losses since 20...
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Crude-oil futures moved marginally higher Friday, but finished lower for the week, with key exporting nations refusing to cut output amid a supply glut and forecasts for weak crude demand the world over. The Intercontine...
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Volume Always Precedes Price

Forbes - 18 Oct 2014 19:05
Volume Always Precedes Price This statement is one of the cardinal beliefs held by most technicians. It first came to my attention in the late 1970s when I read Joe Granville's book New Strategy of Daily Stock Market Timing for Maximum Profit, where...
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Gold, silver declines on sluggish demand, global cues In Delhi, gold of 99.9 and 99.5% purity fell by Rs160 each to Rs27,700 and Rs27,500 per ten gram respectively
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S&P 500's Pull-Back Makes Valuations Reasonable The recent downturn in the stock market has made its valuation more reasonable.
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Canara Bank to raise up to Rs85 crore through share sale The bank got approval from the government to raise up to Rs80 crore with an option to raise an additional Rs5 crore
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Capital flight, plummeting oil prices and dimming economic prospects caused one of the world's biggest credit ratings agencies Friday to downgrade Russia's sovereign debt by two notches. Moody's chopped the nation's cred...
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Elliott Nominates Slate at Family Dollar

Wall Street Journal - 18 Oct 2014 01:51
Activist investor Elliott Management thrust itself into bidding war over discount chain Family Dollar, launching an effort to take over the company's board and pressing it to accommodate a bid from rival Dollar General.
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The Week Ahead: Is the Individual Investor Right? Both investors and traders are likely to be relieved that the week is over after the stock market's rollercoaster ride last week. The action in the overseas markets on Friday did help as the EuroZone markets opened stron...
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