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Business briefs | Albertsons center goes through foreclosure Nasdaq nails Friday gain as Dow stocks falter Market Snapshot: U.S. stocks mostly down; S&P streak holds A late-session surge in financials keeps the S&P 500 in the green for a fourth consecutive week. World stocks dip as U.S. GDP falls short By Richard Leong NEW YORK (Reuters) - World stocks fell on Friday on news the U.S. economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on ... GLOBAL MARKETS-Stocks dip as US GDP falls short; euro rises * Stocks, oil fall after U.S. GDP misses mark * U.S. mortgage plan, Facebook IPO news stem losses * Euro jumps on hopes Greece, creditors near deal * Fitch downgrades Italy, Spain, Belgium * Gold set for ... Global stocks dip as U.S. GDP falls short; euro rises By Richard Leong NEW YORK (Reuters) - World stocks fell on Friday on news the U.S. economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on ... GDP Data Confirms Slow Growth: Dave's Daily GDP data was released Friday revealing headline economic growth of 2.8% versus consensus of 3.1%. Real economic growth after inflation was only 1.7% for 2011. Negatively affecting the data were lower state and local government spending, private inventory investment and, believe it or not, federal government spending. ... Click to view a price quote on PG . Click to research the Consumer Non ... Markets: Greek uncertainty pushes FTSE 100 south on Monday 17:02 - The FTSE 100 (UKX) recouped some of its earlier losses, but still closed down 62.36 points to 5671.09, with no news at all on a Greek deal. Additionally, Portugal's benchmark bond yields were up yet again on Monday, wiping out any positive effect from the morning's reasonably successful Italian bond auction. However, Chris Beauchamp, market analyst at IG Index was more optimistic. "It is ... World stocks dip as US GDP falls short NEW YORK, Jan 28 — World stocks fell yesterday on news the US economy grew more slowly than expected in the last quarter of 2011, while the euro rose on hopes of an imminent deal on Greece‘s debt that could help avert a disorderly default. The United States, the world’s biggest economy, grew at an annualized 2.8 per cent pace late last year, the ... Greece hopes keep stocks, euro supported LONDON (Reuters) - World stocks hovered near a 5-1/2 month high on Friday as investors anticipated an imminent conclusion to Greek debt talks while lower Spanish bond yields and a fall in Italy's six-month borrowing costs also supported the euro. |
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