Volatile Trading Session Closes Higher
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The Nasdaq composite index showed its first gain in nine sessions, and the Dow Jones industrial average gained more than 200 points at the end of the day.
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UK blue chips closed higher Thursday, reversing earlier losses, with higher commodity prices aiding the oil and mining sectors and investors encouraged by steady gains on Wall Street.
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The FTSE 100 extended its end-of-year rally to close higher on Christmas Eve for the fifth straight session.
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European stock markets edged higher in early deals, with trading volatile owing to key futures and options expiries in Europe and the United States, dealers said.
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British blue chips finished today's session sharply higher, as US indices rocketed on the back of strong economic data and positive corporate news, and with mm02 and Royal and Sun Alliance well ahead of the pack, dealers said.
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Stocks closed higher on Wall Street amid the Oracle-PeopleSoft merger and a climb in retail sales figures. Investors pushed stocks substantially higher yesterday as Wall Street greeted the Oracle-PeopleSoft
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Leading shares closed markedly higher, encouraged by gains on Wall Street where investors cheered a flurry of M-and-A deals at home and abroad, and solid economic data, although rising oil prices remained under scrutiny, dealers said.
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Expectations of strong dividends from the big banks lifted the market to a record close yesterday. All four big banks moved higher, with ANZ closing at its highest price.
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Stocks rose Wednesday morning, pushing the Dow Jones industrial average within a whisper of its all-time closing high of January 2000.
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U.S. stocks were higher in the later part of a tug-of-war session, as investors piled into sectors seen as resistant to economic contraction.
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Leading shares finished the session strongly, at day's highs, boosted by gains in heavyweight miners and tobacco stocks and brushing aside the US being shut for a public holiday, dealers said.
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Leading shares closed higher, tracking Wall Street's ascent as concerns over oil supplies waned on reports that the stand-off in Najaf, Iraq may nearing a resolution, dealers said.
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Leading blue chips closed firm at a session high having spent much of the morning in negative territory, shrugging off nervous jitters caused by Friday&#39;s security threats in London, and with a strong start to Wall street following a spate of positive economic news.
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LONDON  - European stock markets closed modestly higher in shortened trading hours after a strong pre-Christmas showing by Wall Street.
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U.S. stocks closed higher on  Wednesday, as the dollar strengthened and shares of Merck & Co.  MRK.N helped lift the Dow after the drugmaker gave a forecast  that was not as bad as some expected.
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UK blue chips were strong in solid trade near the session peak as Wall Street pushed higher in early deals as investors assessed a big batch mainly positive batch of US data, dealers said
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The FTSE was trading higher on Thursday afternoon despite a sharply lower open on Wall Street.