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Mar 2, 2015

Wall St. rallies; Nasdaq hits highest level since 2000

NEW YORK, March 2 (Reuters) – The Nasdaq on Monday closed
above 5,000 for the first time since the year 2000 dot-com
bubble as tech stocks were boosted by deals, while the S&P 500
and Dow indexes hit records after economic data pointed to a
slowly accelerating economy.

After oscillating around it for much of the day, the Nasdaq
composite index gained steam in the late afternoon to
finish firmly above the milestone, marking the third time the
index ended above 5,000. The last time was March 10, 2000.

Mar 2, 2015

U.S. stocks rally; Nasdaq hits highest level since 2000

NEW YORK, March 2 (Reuters) – The Nasdaq on Monday closed
above 5,000 for the first time since the year 2000 dot.com
bubble as tech stocks were boosted by deals, while the S&P 500
and Dow indexes hit records after economic data pointed to a
slowly accelerating economy.

After oscillating around it for much of the day, the Nasdaq
composite index gained steam in the late afternoon to
finish firmly above the milestone it last reached on March 27
2000, marking only the third time the index closed above 5,000.

Mar 2, 2015

Wall St advances after data and deals; Nasdaq hits 5,000

NEW YORK, March 2 (Reuters) – U.S. stocks advanced on
Monday, with the Nasdaq moving above the 5,000 mark for the
first time in 15 years, helped by technology deals and mixed
data that pointed to a slowly accelerating economy.

The Nasdaq composite index oscillated around the
5,000 milestone after hitting it in the morning for the first
time since March 27, 2000, at the height of the dot.com bubble.

Mar 2, 2015

Wall St. advances, with Nasdaq hitting 5,000, after data

NEW YORK (Reuters) – U.S. stocks advanced on Monday, with the Nasdaq nudging above the 5,000 mark for the first time in 15 years, as a round of mixed data pointed to a slowly accelerating economy.

The Nasdaq composite index .IXIC oscillated around the milestone after hitting it for the first time since March 27, 2000, at the height of the dot.com bubble.

Feb 27, 2015

Stocks fall on mixed data; oil rebounds

NEW YORK, Feb 27 (Reuters) – U.S. stocks closed lower on the
last trading day of February after mixed U.S. economic data on a
day when European stocks hit records and oil prices rebounded
for their first monthly gain since June.

The Nasdaq was the weakest of the three major U.S. indexes
on Friday, weighed down by Apple Inc as some investors
took profits ahead of its March 9 product unveiling.

Feb 27, 2015

Wall Street falls on mixed data, Nasdaq retreat; oil rebounds

NEW YORK, Feb 27 (Reuters) – U.S. stocks edged down late in
Friday’s session on the last trading day of February, led by
technology stocks, but oil prices rebounded for their first
monthly gain since June.

European shares broke multi-year records ahead of the
European Central Bank’s planned moves to stimulate growth.

Feb 27, 2015

Global share markets mixed after revised U.S. GDP

NEW YORK (Reuters) – Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank’s injection next month of 60 billion euros to spur growth.

The FTSEurofirst 300 index of top European shares .FTEU3 was up 0.27 percent on Friday after reaching its highest level since November, 2007. It has surged more than 14 percent this year, its strongest start since benchmarks were created in 1986.

Feb 26, 2015

Global equities fall as oil sinks; dollar rallies

NEW YORK, Feb 26 (Reuters) – Global equities dipped on
Thursday as investor enthusiasm was dampened by a pullback in
oil prices related to rising inventories, while the dollar rose
as economic data drove expectations that the Federal Reserve
will raise interest rates.

The U.S. S&P 500 ended down, led by an 1.8 percent
drop in energy shares. Brent crude settled down
2.6 percent and U.S. crude fell 5.5 percent.

Feb 26, 2015

Global equities fall as decline in oil drags on energy shares

NEW YORK, Feb 26 (Reuters) – Global equities declined
slightly on Thursday as a pullback in oil prices due to rising
inventories dampened investor enthusiasm while the dollar rose
as data revived confidence in the U.S. economy.

Major U.S. equities indexes were little changed. The S&P 500
was pressured by a 1.8 percent drop in energy shares
. Brent crude was down 1.4 percent and U.S.
crude fell 1.9 percent.

Feb 26, 2015

Global equities fall; energy shares decline as oil tumbles

NEW YORK (Reuters) – Global equities declined on Thursday after a mixed bag of U.S. economic indicators and a pullback in oil prices dampened investor enthusiasm.

Major U.S. equities indexes were little changed, pressured by a 1.6 percent drop in energy shares .SPNY.

    • About Sinead

      "Sinead is a telecommunications industry correspondent. Her coverage area spans U.S. service providers, cellphone makers and chip makers. Before joining Reuters in 2002, she covered technology and telecoms for various trade publications."
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