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Stocks swing at 3-month high amid earnings as oil slips

  BLOOMBERG U.S. and European shares fluctuated near the highest levels in at least three months as investors focused on companies with results that beat estimates, offsetting declines among energy producers that slumped with the price of crude. The dollar strengthened. The Standard & Poor’s 500 Index swung near 2,100, a level it breached Tuesday for the first time in ...

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Emirates Securities Market down by -0.24 percent

  ABU DHABI / EMIRATES BUSINESS The Emirates Securities Market Index has decreased by -0.24% to close at 4677.63 points. Accordingly the Market Capitalization has lost AED 1.8 billion attaining AED 758.77 billion. A total of 0.7 Billion Shares were traded with a total value of AED 0.9 billion during the trading session of 20-04-2016 through 8272 transactions. The number of companies ...

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Housing starts in US slumped more than forecast in March

  Bloomberg New-home construction in the U.S. slumped more than projected in March, reflecting a broad-based retreat that showed the industry lost momentum heading into the busiest time of year. Residential starts decreased 8.8 percent to a 1.09 million annualized rate that was the lowest since October and weaker than any forecast of economists surveyed by Bloomberg, Commerce Department data ...

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