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Aug 27, 2015

Wall St logs biggest two-day gain since financial crisis

Aug 27 (Reuters) – Wall Street rallied more than 2 percent
on Thursday as strong U.S. economic data and hints that a
September interest-rate hike was unlikely fueled optimism that
the worst of recent market turmoil was over.

The Dow Jones industrial average scored its biggest two-day
percentage gain since 2008, while the S&P 500 and Nasdaq
Composite racked up their biggest two-day increases since 2009.

Aug 27, 2015

Wall Street surges for second day as China fears fade

By Noel Randewich

(Reuters) – Wall Street rallied on Thursday as investors grew optimistic that the worst of recent market turmoil was over after strong U.S. economic data and hints that a September interest-rate hike was unlikely.

The three major indexes poised in afternoon trade for their biggest two-day gain since 2009, although they were down from earlier gains of more than 2 percent.

Aug 26, 2015

Wall Street chalks up biggest gain in four years

Aug 26 (Reuters) – Wall Street racked up its biggest one-day
gain in four years on Wednesday as fears about China’s economy
gave way to bargain hunters emboldened by expectations the U.S.
Federal Reserve might not raise interest rates next month.

Led by Silicon Valley stalwarts Apple, Amazon and Google,
the surge put the brakes on a six-day losing streak that saw the
S&P 500 surrender 11 percent.

Aug 26, 2015

Wall Street surges as rate hike expectations recede

Aug 26 (Reuters) – Wall Street rallied more than 3 percent
on Wednesday afternoon as fears about China’s economy gave way
to bargain hunters emboldened by expectations the U.S. Federal
Reserve might not raise interest rates next month.

The surge followed a similar strong rise on Tuesday that
collapsed late in the session with many traders unwilling to
hold stocks overnight.

Aug 25, 2015

Wall Street’s rally goes up in smoke, indexes end lower

Aug 25 (Reuters) – A strong rally on Wall Street evaporated
on Tuesday and stocks ended with deep losses as concerns about
China’s economy outweighed lower valuations that some saw
earlier as bargains.

In a dramatic trading session, major indices turned negative
in the final minutes of trading after previously climbing almost
3 percent.

Aug 25, 2015

Wall St. rally loses steam in afternoon trading

By Noel Randewich

(Reuters) – Wall Street rallied on Tuesday as investors bought beaten-down stocks a day after fears about China’s economy sent the market into its worst slump in four years.

Investors drove prices sharply higher from the opening bell but caution set in by the afternoon due to lingering concerns that a slowdown in China could hobble global growth, even after the country’s central bank cut interest rates on Tuesday for the second time in two months.

Aug 25, 2015

Wall Street’s sharp rally loses its edge

Aug 25 (Reuters) – Wall Street rallied on Tuesday as
investors bought beaten-down stocks a day after fears about
China’s economy sent the market into its worst slump in four
years.

Investors drove prices sharply higher from the opening bell
but caution set in by the afternoon due to lingering concerns
that a slowdown in China could hobble global growth, even after
the country’s central bank cut interest rates on Tuesday for the
second time in two months.

Aug 24, 2015

Wall St posts worst day in four years, S&P 500 now in correction

Aug 24 (Reuters) – U.S. stock indexes plunged almost 4
percent on Monday as investors, rattled about China’s economy,
sold heavily in an unusually volatile session that confirmed the
benchmark S&P 500 was formally in a correction.

The Dow Jones industrial average briefly slumped more
than 1,000 points – its most dramatic intraday trading range
ever – with key component Apple falling heavily only to
claw back but end down 2.5 percent.

Aug 24, 2015

Wall St has worst day in four years, S&P now in correction

Aug 24 (Reuters) – U.S. stock indexes plunged almost 4
percent on Monday as investors, rattled about China’s economy,
sold heavily in an unusually volatile session that confirmed the
S&P 500 was formally in a correction.

The Dow Jones industrial average briefly slumped more
than 1,000 points, its most dramatic intraday trading range
ever, with key component Apple falling heavily only to
claw back and end down 2.5 percent.

Aug 24, 2015

Wall St suffers worst day in 4 years, S&P confirms correction

Aug 24 (Reuters) – Investors rattled about China sent U.S.
stock indices almost 4-percent lower on Monday in an unusually
volatile session that confirmed the S&P 500 was formally in a
correction, even after a dramatic rebound by Apple.

The Dow Jones industrial average briefly slumped more
than 1,000 points, its most dramatic intraday trading range
ever.

    • About Noel

      "Based in Thomson Reuters' San Francisco news bureau, Noel Randewich covers the semiconductor industry and the growing use of microchips in everything from smartphones to home energy management. Prior to his San Francisco posting, Mr Randewich spent a decade covering emerging markets news in Mexico City."
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