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Dalton’s Charlton Bets on Defensive Stocks as Fund Beats Peers * Stocks, oil fall after U.S. GDP misses mark * Euro rises on hopes Greece, creditors near deal * Spanish, Italian yields fall on euro zone bank demand * Fitch downgrades Italy, Spain, Belgium * Gold set ... Stocks Finish Mixed After GDP Data Disappoints NEW YORK (TheStreet) -- U.S. stocks finished mixed Friday as good consumer sentiment data failed to distract investors from a disappointing read on gross domestic product. The Dow Jones Industrial Average slumped 74.2 points, or 0.6%, at 12,660, with Chevron, the second-largest U.S. energy company, weighing on the index following disappointing quarterly earnings. The energy stock was down over 2 ... 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 ... Stocks Drop With Euro on Greece Concern; Commodities Fall, Treasuries Rise Stocks slipped, sending the Standard & Poor’s 500 Index lower for a third day, Treasuries rose and the euro weakened as Greece tangled with European officials over terms of a second rescue package. U.S. equities pared losses as Apple Inc. led a rally in technology shares. Stocks, Euro Rise on Debt Talks Progress; Commodities Advance European stocks rose, heading for the first back-to-back monthly gain in a year, and the euro strengthened after Greece’s Prime Minister said debt-swap talks have made progress. Commodities advanced as factory output in Japan climbed the most in seven months. Stocks Drop With Euro, Commodities as Greece Opposes Oversight Stocks slipped, sending the Standard & Poor’s 500 Index lower for a third day, Treasuries rose and the euro weakened as Greece tangled with European officials over terms of a second rescue package. U.S. equities pared losses as Apple Inc. led a rally in technology shares. Stocks, Euro Rise as Greek Debt Talks Progress; Commodities Gain Stocks climbed around the world, heading for the best start to a year since 1994, the euro strengthened and commodities gained after most countries in Europe agreed to tighter budget controls and Greece made progress on debt talks. Stocks Best Start Since ’94 Tops Commodities on U.S. Rebound Equities around the world are off to the best start in 18 years, topping gains in commodities and handing investors January’s best returns, as U.S. economic growth shows signs of accelerating and European leaders move closer to a solution on the region’s debt crisis. Stocks, Euro Decline on Greece Debt Concern; Italy Bonds Fall European stocks fell, headed for the biggest two-day drop in two months, Treasuries rose and the euro weakened as Greece signaled opposition to economic oversight in exchange for aid. Italian bonds fell as the government sold debt and the cost of insuring Portuguese debt reached a record high. |
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