Market ends higher on rate-cut hope
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Stocks closed higher 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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European and Asian stock markets rallied Wednesday in the wake of Wall Street's surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.
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Stock futures pointed to a higher opening on Wall Street on Wednesday, as shares continue to rally following the Federal Reserve's aggressive interest rate cut that eased fears over the outlook for the economy.
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Stocks rose on Wednesday as investors extended a rally a day after the Federal Reserve's bold rate cut, betting that lower borrowing costs would keep the economy from slowing further and boost profits.
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Stocks rose 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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Leading shares closed higher, at session highs, aided by a strong rise on Wall Street in anticipation of a rate cut tomorrow, while miners underpinned Footsie gains as production worries pushed base metals higher.
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Stocks rose on Monday as  investors bet that the Federal Reserve would keep slashing interest rates to prevent the housing slump from tipping the economy into a recession.
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The United States Federal Reserveâs surprise rate cut stemmed losses on the Asian stock markets but heightened fears of a painful recession.
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Leading shares have closed higher, as hopes increased that the Fed will opt to leave interest rates on hold when it convenes later this afternoon, while local M&amp;A talk and a weaker crude oil price provided additional support, dealers said.
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London stocks moved higher on Tuesday as surprisingly weak UK inflation data raised hopes that interest rate cuts were still on the agenda.
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U.S. stocks ended higher on Thursday following news Bank of America  is in advanced talks to buy struggling mortgage lender Countrywide Financial Corp .
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Stock futures pointed to a higher opening  on Wall Street on Wednesday, as shares continue to rally  following the Federal Reserve&#39;s aggressive interest rate cut  that eased fears over the outlook for the economy.
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Stocks rose on Tuesday after forecast-topping earnings from Lehman Brothers Holdings Inc  soothed investors' worst fears about fallout from credit turmoil ahead of an expected U.S. interest rate cut.
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European and Asian shares rise on growing expectations that the US Federal Reserve will cut interest rates.
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Hopes of a cut in interest rates were raised today, following the publication of the Bank of England&#39;s Monetary Policy Committee minutes.
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The FTSE 100 leading share index accelerated gains Tuesday after the Federal Reserve slashed US interest rates to tackle turmoil across markets, jumping 1.69 percent to 5,672.40 points.
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LONDON -- European and Asian stock markets rallied Wednesday in the wake of Wall Street's surge spurred by the U.S. Federal Reserve's larger-than-expected interest rate cut.