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Wall Street surges in dip-buying rally, oil falls

BY Reuters  • December 29, 2022December 29, 2022
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Thursday, powered by a rebound in recently battered mega-cap growth stocks, while crude oil prices declined as a surge o[...]
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Asia Australia Business Economy Europe Top News Updated US

Dollar slides as traders weigh China outlook, U.S. jobless claims

BY Reuters  • December 29, 2022December 29, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar slipped on Thursday with investors on edge at the end of the year as initial optimism over China’s reopening fizzled out and as markets pro[...]
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Asia Australia Business Economy Europe UK Updated US

Wall St stocks fall, bond yields rise as China drops quarantine rule

BY Reuters  • December 27, 2022December 27, 2022
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic data at the start of a holiday-shortened week while bond yields ros[...]
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Asia Australia Business Economy Europe Updated US

Dollar flat as investors digest China’s loosening of COVID rules

BY Reuters  • December 27, 2022December 27, 2022
By Hannah Lang WASHINGTON (Reuters) – The dollar was flat on Tuesday after China said it would scrap its COVID-19 quarantine rule for inbound travelers – a major step in reopening its bord[...]
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Wall St ends higher, Treasury yields rise after data flurry

BY Reuters  • December 23, 2022December 23, 2022
By Stephen Culp NEW YORK (Reuters) – Wall Street shuffled to a modestly higher close on Friday and Treasury yields advanced as investors digested a deluge of economic data ahead of the Christmas[...]
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U.S. dollar weakens as risk appetite rises with data showing slowdown

BY Reuters  • December 23, 2022December 23, 2022
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid against most currencies in choppy, thin trading on Friday as data signaled that the U.S. economy is cooling a bit, reinforcing ex[...]
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Apple’s Australian workers go on Christmas strike demanding better wages, work terms

BY Reuters  • December 23, 2022December 23, 2022
(Reuters) – Apple Inc’s workers in Australia initiated a strike Friday afternoon, demanding better working conditions and wages, a workers’ union said, a move that might dent sales o[...]
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Wall Street ends sharply lower, dollar gains on hawkish policy fears

BY Reuters  • December 22, 2022December 22, 2022
By Stephen Culp NEW YORK (Reuters) – U.S. stocks tanked and the dollar eked out a small gain on Thursday as solid economic data fueled worries that the Federal Reserve’s monetary policy wi[...]
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Yen rises, underpinned by BOJ policy tweak; dollar retreats

BY Reuters  • December 22, 2022December 22, 2022
By Rae Wee SINGAPORE (Reuters) – The yen firmed on Thursday, returning towards a four-month peak against the dollar hit earlier in the week after the Bank of Japan’s surprise tweak to its[...]
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