Stocks Recover After Sell-Off Overseas
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Wall Street managed to recoup early losses today after sharp market declines in Asia and Europe that reflected lingering fears over a tight credit market.
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European shares staged a modest recovery Thursday following an overnight fightback by Wall Street, but jitters remained across Asian stock markets in the wake of the recent global rout.
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U.S. stocks rose, reversing earlier losses in volatile trading, on Monday as investors viewed last week's sell-off as providing buying opportunities.
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Stocks rallied on Friday as strong results from Research in Motion lifted the technology sector while a report of another overseas investment in a U.S. investment bank boosted financial stocks.
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Stock markets in the United States, Europe and Asia staged a comeback Tuesday, gaining tentative ground in the wake of sharp declines, but analysts warned the turnaround could be shortlived.
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Wall Street rebounded Tuesday on a recovery in world markets. The Dow Jones industrial average rose more than 150 points.
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Global stock markets rebound on hopes that the US Federal Reserve will cut interest rates next month.
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Stocks rose on Thursday as a rebound in global equity markets helped boost financial shares and robust monthly sales from some retailers relieved worries about the economy's health.
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Global stock markets staged a cautious recovery on Wednesday as Wall Street rallied a day after its worst slide since 2001 and other markets partially recovered from heavy early losses.
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US stocks rebounded strongly from an early sell-off on Thursday after MBIA helped alleviate some of the concerns about the troubled bond insurance sector.
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Stocks rallied today, with all averages finishing up as the US dollar performed better against overseas currencies for the first time in weeks.
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Stocks rebounded on Friday as bond yields retreated from their highs and oil prices fell, easing concerns about rising borrowing costs and inflation.
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Wall Street stocks rebounded strongly on Wednesday after sharp falls in the leading indices on Tuesday.
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TOKYO -- Asian stocks rallied and European shares mounted a cautious comeback Tuesday as markets reversed a weeklong sell-off, fanning hopes that recent global trading turmoil may finally subside.
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LONDON: European stock markets rallied yesterday as investors appreciated gains in New York and Asia and digested a flurry of company news.
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The dollar and euro recovered against the yen, amid a rebound for global stock markets, dealers said Tuesday.
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Global stock markets bounced back last week, and on Wall Street the three major stock indexes posted healthy gains.