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Nov 25, 2014

Wall St edges up after GDP, consumer confidence data

NEW YORK, Nov 25 (Reuters) – U.S. stocks edged higher on
Tuesday following a reading on economic growth that was much
stronger than expected, but sharper gains were difficult to come
by in a quiet week with major indexes at records.

The Commerce Department raised its estimate of third-quarter
gross domestic product to a 3.9 percent annual pace from the 3.5
percent rate reported last month. The reading was also stronger
than the 3.3 percent rate that had been expected, pointing to
strengthening fundamentals that should support the economy for
the rest of the year.

Nov 25, 2014

Futures point to higher open after strong GDP data

NEW YORK, Nov 25 (Reuters) – U.S. stock index futures
pointed to a higher open on Tuesday, indicating major indexes
would push even further into record territory, following a
reading on economic growth that was much stronger than expected.

The Commerce Department raised its estimate of third-quarter
gross domestic product to a 3.9 percent annual pace from the 3.5
percent rate reported last month. The reading was also stronger
than the 3.3 percent rate that had been expected, pointing to
strengthening fundamentals that should support the economy for
the rest of the year.

Nov 25, 2014

Futures tick up with indexes at records

NEW YORK (Reuters) – U.S. stock index futures were slightly higher on Tuesday as the market’s long-running upward bias looked to continue, though further gains may be difficult to come by in a week that’s expected to be quiet.

* Equities have been strong of late. The S&P 500 .SPX is up for 12 of the past 14 sessions, and all three major indexes are coming off five-week streaks of gains. Both the Dow and S&P closed at records on Monday, and the S&P is up more than 13 percent from a intraday low hit in mid-October.

Nov 24, 2014

Wall St hits new records, but telecom weighs on Dow

NEW YORK, Nov 24 (Reuters) – U.S. stocks rose on Monday,
with major indexes hitting fresh records on the back of multiple
merger deals and hopes that China will take further
accommodative monetary policy action.

Equities closed a fifth straight week of advances Friday,
boosted by accommodative actions from central banks in China and
Europe. That factor could continue boosting markets as sources
told Reuters that the Chinese leadership and central bank were
ready to cut interest rates again and loosen lending
restrictions. Such policy changes in the world’s second-biggest
economy could spur more market gains.

Nov 24, 2014

Wall St hits new records, boosted by cyclicals

NEW YORK, Nov 24 (Reuters) – U.S. stocks rose on Monday,
with major indexes hitting fresh records on the back of multiple
merger deals and hopes that China will take further
accommodative monetary policy action.

Equities closed a fifth straight week of advances Friday,
boosted by accommodative actions from central banks in China and
Europe. That factor could continue boosting markets as sources
told Reuters that the Chinese leadership and central bank were
ready to cut interest rates again and loosen lending
restrictions. Such policy changes in the world’s second-biggest
economy could spur more market gains.

Nov 24, 2014

Wall St surges to new records, boosted by cyclicals

NEW YORK, Nov 24 (Reuters) – U.S. stocks rose on Monday,
with major indexes hitting fresh records on the back of multiple
merger deals and hopes that China will take further
accommodative monetary policy action.

Equities closed a fifth straight week of advances Friday,
with the Dow and S&P 500 ending at closing records on the back
of accommodative action from central banks in China and Europe.

Nov 24, 2014

Futures point to higher open on merger activity

NEW YORK, Nov 24 (Reuters) – U.S. stock index futures
pointed to a higher open on Monday, indicating that major
indexes would move further into record territory on the back of
multiple merger deals and hopes that China will take further
accommodative monetary policy action.

Equities closed a fifth straight week of advances Friday,
with the Dow and S&P 500 ending at closing records on the back
of accommodative action from central banks in China and Europe.

Nov 24, 2014

Futures rise, boosted by merger activity

NEW YORK, Nov 24 (Reuters) – U.S. stock index futures rose
on Monday, indicating that major indexes would move further into
record territory, on the back of multiple merger deals and hopes
that China will take further accommodative monetary policy
action.

Equities closed a fifth straight week of advances Friday,
with the Dow and S&P 500 ending at closing records on the back
of accommodative action from central banks in China and Europe.

Nov 24, 2014

Futures higher, building on recent gains

NEW YORK (Reuters) – U.S. stock index futures rose on Monday, indicating the market’s recent strength would continue during a week that’s expected to see light action ahead of the Thanksgiving holiday on Thursday.

* Equities closed a fifth straight week of advances Friday, with the Dow and S&P 500 ending at closing records on the back of accommodative action from central banks in China and Europe.

Nov 21, 2014

Wall St ends at records on central bank action

NEW YORK, Nov 21 (Reuters) – U.S. stocks closed higher on
Friday, with major indexes notching a fifth straight weekly
advance after China’s central bank cut its benchmark interest
rate and its euro zone peer announced asset purchases in efforts
to boost each region’s economy.

The gains were broad on a day when both the Dow and S&P 500
ended at closing records. All ten primary S&P 500 industry
sectors ended the day higher, while 63 percent of stocks traded
on the New York Stock Exchange closed in positive territory.
About 50 percent of Nasdaq-listed names were higher on the day.