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Aug 27, 2015

Stocks rebound from China slump, strong U.S. data helps

NEW YORK, Aug 27 (Reuters) – Stock around the world rallied
on Thursday, shaking off a slump related to China growth fears,
as strong U.S. economic data boosted investor sentiment and
crude oil rebounded sharply.

All three major U.S. indexes were up less than 1 percent in
afternoon trade, trimming earlier gains, following share
rebounds in China and Europe. Increased appetite for risk sent
government bond prices and the Japanese yen down Wednesday while
the dollar advanced.

Aug 27, 2015

World stocks fly after U.S. data, Fed official cools on rate hike

NEW YORK (Reuters) – World stock markets around the world rallied on Thursday, helped by strong U.S. economic data and after a U.S. Federal Reserve policymaker hinted Wednesday that a September interest rate hike was unlikely.

All three major U.S. indexes were up more than 1 percent and increased appetite for risk also lifted crude oil prices, while the price of government bonds and the Japanese yen fell.

Aug 27, 2015

Stocks fly after U.S. data, Fed official cools on rate hike

NEW YORK (Reuters) – Stock markets around the world rallied on Thursday, helped by strong U.S. economic data and after a U.S. Federal Reserve policymaker hinted Wednesday that a September interest rate hike was unlikely.

All three major U.S. indexes were up more than 1 percent and increased appetite for risk also lifted crude oil prices, while the price of government bonds and the Japanese yen fell.

Aug 26, 2015

U.S. stocks snap losing streak but oil and bonds decline

NEW YORK, Aug 26 (Reuters) – Wall Street rebounded sharply
on Wednesday after six straight days of large declines caused by
China worries, while long-dated bond prices fell after a top
Federal Reserve official scaled back expectations of a September
rate increase.

The dollar rebounded for a second straight session as firmer
U.S. stocks and a recouping of some losses in European shares
reduced the need to buy safe-haven currencies such as the yen.
Oil prices fell, however, after a drawdown in U.S. crude
stockpiles was offset by a larger-than-expected build in
gasoline.

Aug 26, 2015

Stock markets diverge, crude falls as China jitters persist

NEW YORK, Aug 26 (Reuters) – Wall Street was sharply higher
on Wednesday while European shares and commodities prices fell
as investors balanced strong U.S. economic data and interest
rate comments with fears about China’s slowing economy.

The benchmark S&P 500 was up 2.6 percent in afternoon
trading, helped by stronger-than-expected data on durable goods
orders and comments that appeared to make a September interest
rate hike less likely.

Aug 26, 2015

Stock markets diverge, commodities fall as China jitters persist

NEW YORK, Aug 26 (Reuters) – Wall Street advanced while
European shares and commodities fell on Wednesday as investors
balanced strong U.S. economic data with fears about China’s
slowing economy.

The benchmark S&P 500 was up 1.2 percent in midday trading,
off its earlier highs, helped by stronger-than-expected data on
durable goods orders and policy comments.

Aug 26, 2015

Wall Street opens higher but China jitters persist

NEW YORK (Reuters) – Wall Street opened higher and European shares cut their losses on Wednesday as investors tried to shake off fears about China’s slowing economy.

The benchmark S&P 500 was up 1.6 percent after about an hour of trading, off its earlier highs, helped by stronger-than-expected data on durable goods orders.

Aug 25, 2015

Wall Street ends down after China rate cut fails to calm nerves

NEW YORK, Aug 25 (Reuters) – U.S. stocks ended down on
Tuesday after sharply reversing early gains late in the session
as investors were unconvinced China’s move to cut to interest
rates and banks’ reserve requirements could ease global growth
concerns.

The dollar also gave up much of its gains from earlier in
the day. Wall Street trading was volatile and the S&P 500 ended
down 1.4 percent after a late selloff following a gain of as
much as 2.9 percent earlier in the day.

Aug 25, 2015

China rate cut gives stocks, oil, dollar relief; volatility high

NEW YORK, Aug 25 (Reuters) – Markets rebounded on Tuesday
with world stocks, oil prices and bond yields all rising after
China cut interest rates and banks’ reserve requirements in a
bid to kick-start its wavering economic growth.

But while the S&P 500 rose as much as 2.9 percent during
Tuesday’s session, trading was volatile and its gains had
receded to just a 1.3 percent in late afternoon trading.

Aug 25, 2015

Stocks, oil, dollar rise after China cuts rates

NEW YORK, Aug 25 (Reuters) – Stocks, oil prices and
safe-haven bond yields rose on Tuesday as a tentative market
rebound picked up pace after China cut interest rates and banks’
reserve requirements to kick-start its wavering economy.

Wall Street opened more than 2-percent higher, recouping
some of its losses from the previous day’s selloff, its worst in
four years, which had put the S&P 500 and Nasdaq composite
indexes in correction territory.

    • 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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