Year-end boom lifts markets
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After ringing in the New Year, investors may now want to raise one last toast to 2004, as the stock market delivered a year-ending performance worth celebrating.
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U.S. stocks rebounded on Wednesday, pushing the Nasdaq to its best day in more than a year, as investors snapped up beaten down technology shares, while the energy sector benefited from a surge in oil prices.
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Over the last year, this stock has been sweet.
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Asia&#39;s biggest stock exchange finished its final day of trading for 2004 Thursday on a high note, with stocks rallying to cap a year, during which the benchmark gained 7.6 percent on hopes Japan&#39;s economy is on a rebound.
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Wall Street made a huge comeback Thursday, with a nearly 400-point swing on the Dow.
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Stocks surged Wednesday, with the Dow Jones industrials posting a triple-digit gain moments after the opening bell, as investors expressed relief following the election and what&#39;s widely believed to be a victory for President Bush.
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Japanese shares end the year at their highest level since July amidst much optimism about an economic recovery during 2005.
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U.S. stocks rallied on Monday, sending the Standard & Poor's 500 index to a six-year high and the Nasdaq Composite index up more than 1 percent, as corporate takeover deals and lower crude oil prices boosted investor optimism about the economy and corporate profits.
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Asia&#39;s biggest stock exchange finished its final day of trading for the year on a high note Thursday, with stocks rallying to cap a year during which the benchmark gained nearly 8 percent on hopes Japan&#39;s economy is rebounding.
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Stocks rose sharply on Tuesday, driving the Nasdaq composite index more than 1 percent higher, as overseas equities rebounded and investors bet that markets may be stabilizing after recent heavy losses.
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As 2004 came to a close, it was fun to own stocks again. The market was up at a 50 percent to 75 percent annual rate in November and December, depending on which index you consult. The year-end rally lifted the Standard &amp; Poor's 500 index to its second consecutive two-digit annual gain, counting both dividends and price appreciation.
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The latest monthly data has carriers' shares lifting higher.
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The FTSE 100 bounced back on Thursday after better news from the retail sector and a continued rebound among the property companies.
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U.S. stocks ended higher on Thursday  as investors hoping for a year-end rally bought shares.
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WASHINGTON -- The economy grew at its strongest pace in more than a year during the spring as solid improvements in international trade and business investment helped offset weakness in housing.
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European stock markets rebounded on Thursday following an overnight rally on Wall Street.
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Stocks surged on Thursday, lifting the Dow to a record, as stronger-than-expected retail sales and takeover speculation fueled optimism about the economy.