Mixed Economic Data Fog US Outlook
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Orders for long-lasting US goods slipped unexpectedly in October, but new home sales rose, consumer sentiment brightened a bit this month and claims for jobless aid fell, a mixed bag of reports showed on Wednesday.
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Investors looked ahead to U.S. reports  on housing and producer prices on Friday for guidance on the  state of the world's leading economy after a raft of soft data,  while red-hot equities cooled a bit in both Europe and Asia.
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Two key economic indicators were released on Wednesday causing investors to worry whether the Fed will cut rates at its next meeting on Jan. 30.
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Disappointing data come as credit crisis looms.
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Wall Street may find itself on the  defensive next week if reports on housing and growth suggest  that the United States economy is headed for an acute slowdown  despite the Federal Reserve's pause in its two-year cycle of  interest-rate increases.
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The dollar eased from the previous day's  three-week high versus the euro on Tuesday as investors grew  cautious ahead of a series of key economic data due from the  United States this week. Recent U.S. data have been sending  mixed signals about economic recovery, contradicting upbeat  comments from Federal Reserve officials and fanning uncertainty  over the U.S. interest rate outlook.
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Will the economy make a soft landing, or will it hit the ground hard?
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A mixed opening is seen for U.S. on Tuesday as markets await earnings from retail giants Wal-Mart Stores  and Home Depot  and inflation data to evaluate the impact of high oil prices on the economy.
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NEW YORK (CBS.MW) -- US stock futures are pointing to a mixed open Wednesday as the positive impact of a report showing stronger-than-expected second-quarter growth in the US economy was offset by concern oil could surge above $50 a barrel on inventory
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Stock futures pointed to a mixed open on  Thursday, as investors stayed cautious ahead of housing and  durable goods orders data that could shed light on the health  of the U.S. economy and outlook for interest rates.
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Investors are looking for an onslaught  of company earnings and economic data next week to give  direction for U.S. stocks after some early signs of slower  profit growth got the year off to an uncertain start.
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Stock futures suggested a mixed start on Wall Street on Wednesday, as investors await data on durable goods, Midwest manufacturing and concerns persist over the mortgage market.
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Wall Street may be on the defensive  this week if reports on housing and growth suggest the United  States economy is headed for an acute slowdown.
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Stocks were mixed Friday as the government&#39;s gross domestic product report renewed concerns that high energy prices and a lack of jobs might hold back economic growth, and investors showed reluctance to make big commitments ahead of next week&#39;s
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U.S. stocks barely budged on Friday  afternoon as data gave a mixed picture of the economy, which  grew at a slower-than-expected pace in the third quarter.
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In its fall outlook, the global lender cuts estimates for US GDP growth for both 2004 and 2005. WASHINGTON  - US economic growth should pick up in the second half of 2004 but costlier oil and weak
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A gauge of future economic activity showed the U.S. economy will slow in coming months, reversing recent gains and suggesting higher gas prices and a sluggish construction industry are beginning to take their toll