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Market Wrap For March 3: Markets Lower On Ukraine Tension
Monday, March 3, 2014 - 5:57pm | 2716U.S. stocks traded lower as investors worry Russia's next step in its use of military force in Ukraine. The Dow saw its worst day in a month while other major indices finished noticeably lower. Investors moved away from equities and found what is believed to be a safe haven in gold and other...
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Benzinga Market Primer: Thursday, June 20: PMI Day
Thursday, June 20, 2013 - 6:22am | 1163Futures Drop On China Growth Fears, Dollar Gains U.S. equity futures declined in early pre-market trade following a weak initial reading of manufacturing in China. The Flash HSBC Manufacturing PMI for June declined to 48.3 from 49.2 in May, with every internal figure showing negative signs for the...
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Benzinga Market Primer: Thursday, May 2
Thursday, May 2, 2013 - 6:53am | 1093Futures Higher On Central Banks U.S. equity futures rose slightly in early pre-market trade following the FOMC saying that it is prepared to increase or decrease asset purchases depending on the state of the economy. Today, the European Central Bank is set to release its interest rate decision and...
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Chinese & German PMIs Drop in April, Raises Fears of Summer Swoon
Tuesday, April 23, 2013 - 8:01am | 489New reports overnight showed that the Chinese and German economies continued to weaken in April following disappointing data from March globally. The data raised fears of another summer swoon in the economy, which could weigh on financial markets. The Flash, or initial estimated reading of the...
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Benzinga Market Primer: Tuesday, April 23
Tuesday, April 23, 2013 - 6:43am | 985Futures Lower on Weak Chinese, German Data U.S. equity futures traded lower in pre-market trade following weak data out of China and Germany. However, European shares traded higher on hopes of an ECB rate cut. Top News In other news around the markets: The Flash Chinese HSBC Manufacturing PMI...
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Benzinga Market Primer: Monday, April 1
Monday, April 1, 2013 - 6:42am | 782Futures Lower On Chinese Growth, Italian Political Fears U.S. equity futures slipped in early pre-market trade Monday as China's economy took a setback in March and Italy's political crisis flared over the weekend. China's manufacturing sector grew slower than expected in March, with the official...
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Benzinga Market Primer: Wednesday, March 20
Wednesday, March 20, 2013 - 6:31am | 957Futures Rise as Investors Look Past Cyprus U.S. equity futures rose in early pre-market trade despite the turmoil in Cyprus as lawmakers failed to pass the bailout agreement in parliament. Blackrock (NYSE: BLK) CEO Larry Fink said that Cyprus was a non-event and said that he sees 20 percent upside...