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| Eurozone economy cools amid stock market turmoil There are signs that the turmoil in financial markets at the start of February had a negative impact — albeit a short-term one — on the fast-growing 19-country eurozone economy. A closely monitored survey of the private sector found activity cooling during the month but still remaining near levels not ...
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| Why Do Investors Lose Money In Emerging Markets? Some of the world's biggest enterprises trade in this region. Crazy amounts of capital can be raised here. But stock markets in emerging Asia or not like those in New York or London. They were established for the sole purpose of channeling foreign capital into inefficient state-owned enterprises (SOEs).
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| CORRECTION: Dow closes 254 points lower as Walmart posts worst day since January 1988 The 30-stock index closed 258 points lower — snapping a six-day winning streak, with shares of Walmart shedding 10.2 percent. The retail ... "The equity markets snapped back from a deeply oversold condition last week," Bruce Bittles, chief investment strategist at Baird, said in a note to clients. "At this ...
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| European Stocks Lower Ahead of Fed Minutes "In some sense, the market is doing the Fed's work," said Bob Baur, chief global economist at Principal Global Investors. "Rates are rising, markets are volatile, the dollar has quit falling—that's all tightening financial conditions," he said, which means the Fed may not need to move so aggressively to raise ...
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| Bloomberg: Tops stores are close to bankruptcy Saranac Lake's Tops store replaced the old Grand Union at 156 Church St. Tops Family Markets, which is independently owned, is $723 million in debt. ... Bloomberg, a news group that focuses mainly on financial markets, cited anonymous sources who said Tops, which has been independently owned ...
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