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Exchange of fire between Koreas led to tumbling of US stocks

An exchange of fire on the Korean Peninsula and fresh concerns that the debt crisis of eurozone could spread led to a sharp fall for the US stocks. Artillery shells were fired by North Korea at a South...

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Wall Street Snaps Winning Streak

Stocks fell on Monday but staged a late comeback after concerns of a looming Greek debt default diminished on news of a possible deal to advance new bailout funds to Greece. A Greek finance ministry...

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Wall Street On Edge Over Greece

On Wednesday, stocks rebounded from two days of sharp losses after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to...

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Bernanke Repeats Vow To Shield US

On Tuesday, Federal Reserve Chairman Ben Bernanke renewed a pledge to prevent financial crisis of Europe from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last...

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Dollar Rises In Subdued Trade

On January 3, the United States dollar rose broadly after being buoyed by comments made by outgoing Federal Reserve Chairman Ben Bernanke. The dollar was also buoyed by risk aversion but a major...

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