Wall Street rises slightly on rate cut expectations
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Stocks rose slightly on Friday on expectations of a Federal Reserve interest rate cut next week, but a warning by Merrill Lynch that revived concerns about a credit squeeze and the U.S. housing market kept a damper on prices.
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Wall Street enjoyed a modest rally on Wednesday after the Federeal Reserve Open Committee cut the interest rates by 50 basis point to 3 per cent as traders widely expected.
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Stocks rose as investors looked past rate cut disappointment and reversed Tuesday's sell-off.
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Stocks rose slightly on Friday after  December employment data suggested the Federal Reserve was  unlikely to raise interest rates aggressively, and Apple  Computer Inc. AAPL.O gave a lift to technology shares.
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US stocks appeared likely to open slightly higher on Thursday following a mild rally on Wednesday that pushed the blue chip Dow Industrial Average and the S&amp;P 500 Index to their highest points since mid-2001.
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Stocks rose on Wednesday, helped by news of General Motors Corp's  deal ending a strike and expectations that the Federal Reserve would cut interest rates again to spur growth.
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U.S. stock futures rose on Wednesday,  after dipping briefly, after a government report showed that  consumer prices, excluding food and energy, rose only slightly  more than Wall Street expected.
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Stock futures pointed to a rise on Wall  Street on Wednesday, buoyed by General Motors Corp.&#39;s   deal with the United Auto Workers, as well as expectations of  more Federal Reserve rate cuts.
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Stocks rose on Tuesday after forecast-topping earnings from Lehman Brothers Holdings Inc  calmed investors' fears about the recent credit turmoil as investors anticipated an interest rate cut.
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Stocks rose on Tuesday as expectations of another Federal Reserve interest rate cut to shore up the economy fueled a further recovery in shares of banks, insurers and home builders.
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U.S. stocks edged up on Tuesday as  investors expected the Federal Reserve to stay on a course of  "measured" interest-rate increases, while major Wall Street  investment banks rose on higher profits.
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Wall Street stocks soared on Tuesday afternoon as investors reacted with delight to a 50 basis point cut in US interest rates.
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US stocks rose on Wednesday after the Federal Reserve reassured by indicating that further interest-rate rises were likely to remain at a &quot;measured&quot; pace, as it increased rates by a quarter point.
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Wall Street is seen opening slightly higher on Tuesday, tracking gains in Europe and Asia as investors around the world bet the Federal Reserve has another interest-rate cut up its sleeve to help avert a recession.
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Wall Street recovered on hopes of a Fed rate cut, but still traded lower, cautious about Merrill Lynchâs credit-related losses and a sharp drop in home sales.
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Stocks rose for a second day on Wednesday as investors bet the Federal Reserve's bold rate cut would help prevent the economy from slowing further and boost profits.
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Stocks rose on Monday as investors bet the Federal Reserve will cut interest rates at the end of a two-day policy meeting that begins on Tuesday.