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“Trump Rally” continued as the Dow Jones Industrial Average

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Jan. 27, 2017. Photographer: Michael Nagle/BloombergThis week the “Trump Rally” continued as the Dow Jones Industrial Average crossed 20,000, and our president issued a celebratory tweet. Fourth, the fundamental basis for a …

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U.S. stock indexes ended the day a hair above where they started

After pricing its IPO at $15 per share, Cloudera, the enterprise big data company, closed the day up more than 20 percent, at $18.09. Cloudera’s market cap is now about $2.3 billion, significantly less than the $4.1 billion valuation Intel gave in 2014. Intel and Cloudera have been working together …

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International Business Machines Corporation released its first quarter 2017 financial

Ocwen believes its mortgage loan servicing practices have and continue to result in substantial benefits to consumers above and beyond other mortgage servicers. On Thursday, the firm’s shares were pummeled by new allegations from the Consumer Financial Protection Bureau and State attorneys general of improper and incompetent conduct. “Ocwen strongly …

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Trump plans to unveil his tax-reform plan

“Trump Vows to Unveil Tax-Cut Plan Next Week, Surprising Staff,” was the headline in the New York Times. “We’ll be having a big announcement on Wednesday having to do with tax reform,” Mr. Trump said as he signed several executive orders dealing with financial matters at the Treasury Department. In …

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Nasdaq decreased 7 points to begin the last trading day of the week

If the market breaks above that, then it will signal that a new leg higher is under way,” Paul Robinson, a market analyst at DailyFX, told MarketWatch. As Robinson reckons, unless the market decisively shifts lower, investors should prepare themselves for the new rally. At the same time, it also …

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The latest news for US stock market for April 2017

Further, the company’s net revenues (excluding excise taxes) dipped 0.3% to $6,064 million, and also came below the Zacks Consensus Estimate of $6,427 million. However, Philip Morris International Inc. PM came out with first-quarter 2017 results, wherein adjusted earnings of $0.98 a share missed the Zacks Consensus Estimate of $1.03. …

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USA Stock market Analysis for April 11, 2017

NFLX – bullish pattern at the daily SMA 50CLF – the price is near the daily SMA 200, look The index could break higher above 20,800 or continue lower below daily SMA 50, but it might not happen this week. Archer Daniels Midland (ADM)The share price of ADM looks moving …

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How markets reacted to U.S. strike in Syria

The stock market ended Friday essentially flat as both the Dow Jones Industrial Average(DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) indexes shed less than 0.1%. In fact, the newsletter they run, Motley Fool Stock Advisor, has tripled the S&P 500! The announcement included plenty of good news for investors, …

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U.S. stocks closed fractionally lower Friday, posting weekly losses

Jobs report: The jobs report also showed average wages rose 0.2% to $26.14 an hour. “This is a disappointing jobs report coming in well below consensus,” said Chris Zaccarelli, chief investment officer for Cornerstone Financial Partners. U.S. stocks closed fractionally lower Friday, posting weekly losses after staggering through a choppy …

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April latest news for stock market 2017

Fed minutes The broader market retreated from intra-days high on Wednesday after the Federal Reserve released minutes from its March meeting. Oil prices pared some gains due to an increase in U.S. crude inventories and increase in U.S. oil production. Initially, oil prices rose but later it fell after the …

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