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| GLOBAL MARKETS-A strong year for stocks, but no joy for the dollar U.S. stock markets opened lower on Friday, trimming their strong gains for the year. The Dow Jones Industrial Average fell 31.83 points, or 0.13 percent, to 24,805.68, the S&P 500 lost 2.47 points, or 0.09 percent, to 2,685.07 and the Nasdaq Composite dropped 17.75 points, or 0.26 percent, to 6,932.41.
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Dick Bove says 'time to buy' Goldman Sachs, reversing negative call "If the problem at Goldman Sachs was that it failed to diversify to meet whatever the changes were in the financial markets, then it's still a very focused business, and those businesses that it's focused on are the ones that I think will do best over the next two years." "So I would much rather own Goldman ...
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| For four years, Citigroup told clients to "sell" when it really meant "buy" The bank's electronic feed distributed inaccurate analyst ratings to individual retail customers, sometimes giving a stock a "buy" rating instead of a "sell," or ... While apparently just a systems malfunction, it raises much bigger questions about the value and role of stock ratings in modern financial markets.
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| 5 Financial New Year's Resolutions Everyone Should Make Automate spending and saving: You can automate almost every aspect of your financial life. You can set up automatic bill pay for credit cards, loans, and utilities to avoid late fees due to accidental missed payments; you can set up automatic contributions to a 401(k) or IRA to save for retirement; and you ...
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| Dollar heads for worst year since 2003, bitcoin soars One of the most dramatic market developments in 2017 was the breath-taking rise of bitcoin BTC=BTSP and other cryptocurrencies. While they have pulled back at year-end, ... Financial markets around the world will be closed on Monday on New Year's Day. HOLIDAY. (This story has been refiled to ...
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| Fed could surprise markets with more interest rate hikes than expected Wall Street economists are warming to the idea the Fed could raise interest rates more than the three times it is forecasting for 2018. One of the biggest concerns for stock strategists has been a more rapidly moving Fed if the economy does not continue to show a pickup in growth. The markets are not ...
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| financial markets 2018 As we experience Autumn 2018, it will be a powerful time that will have us in the ultimate request to honor reflection. Unlike her neighbor Mercury, it's been awhile since our Idealist planet took some necessary time off. The last Venus Retrograde cycled 04 March to 15 April 2017 in the signs of Aries and ...
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