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STI to cross 3000 boosted by long-term investors
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Peter_Pan
Supreme |
14-Feb-2013 21:43
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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level. | ||
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Peter_Pan
Supreme |
14-Feb-2013 21:41
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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level. | ||
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Peter_Pan
Supreme |
14-Feb-2013 21:39
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WASHINGTON (MarketWatch) - The number of Americans who applied last week for new jobless benefits fell sharply, though it's unclear whether part of the drop stemmed from the huge snowstorm that battered the Northeast. Applications for initial unemployment benefits sank 27,000 to a seasonally adjusted 341,000 in the week ended Feb. 9, the Labor Department said Thursday. Economists surveyed by MarketWatch expected a much smaller drop to 360,000 from a revised 368,000 in the prior week. Claims are now just slightly above a five-year low. The government had to use estimates last week for two states, Illinois and Connecticut. State employment offices in Connecticut were closed after several feet of snow fell. The average of new claims over the past month, meanwhile, edged up by 1,500 to 352,500. The four-week average reduces seasonal volatility in the weekly data and is seen as a more accurate barometer of labor-market trends. Also, Labor said continuing claims decreased by 130,000 to a seasonally adjusted 3.1million in the week ended Feb. 2. Continuing claims reflect the number of people already receiving benefits. Labor revised initial claims from two weeks ago up to 368,000 from an original reading of 366,000, based on more complete data collected at the state level. | ||
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Peter_Pan
Supreme |
14-Feb-2013 20:55
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Smart monies are coming in to buy the dip. Look for more M&As. | ||
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Peter_Pan
Supreme |
14-Feb-2013 19:56
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FRANKFURT (MarketWatch) — The euro-zone economy fared even worse than expected in the final three months of 2012, with a steeper-than-expected drop in gross domestic product keeping prospects alive for a further rate cut by the European Central Bank despite that recent signs the downturn had bottomed. | ||
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Peter_Pan
Supreme |
14-Feb-2013 19:51
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Euro Zone 2012: Not a Single Quarter Showing Economic Growth | ||
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Peter_Pan
Supreme |
14-Feb-2013 19:50
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U.S. stock  futures  fell, signaling the Standard & Poor’s 500 Index will retreat from the highest level since October 2007, as economies in the euro region and Japan contracted more than forecast in the fourth quarter. | ||
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Peter_Pan
Supreme |
14-Feb-2013 19:01
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MADRID (MarketWatch) — U.S. stock futures sagged in early trading on Thursday ahead of weekly jobless claims, which are expected to show a slight fall, as investors continue to question whether recent market gains are overdone. | ||
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Peter_Pan
Supreme |
14-Feb-2013 18:56
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LONDON (MarketWatch) -- European stock markets dropped on Thursday, after data showed economic activity in the euro zone shrank a sharper-than-expected 0.6% in the fourth quarter of 2012. The Stoxx Europe 600 index  XX:SXXP  -0.29%  lost 0.3% to 287.37, after wavering around the flat line earlier in the day. Germany's DAX 30 indexDX:DAX  -1.05%  fell 1.1% to 7,629.29, while France's CAC 40 index  FR:PX1  -0.56%  fell 0.6% to 3,677.22. Outside the euro zone, the U.K.'s FTSE 100 index  UK:UKX  -0.53%  lost 0.5% to 6,325.22. | ||
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Peter_Pan
Supreme |
14-Feb-2013 18:54
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FRANKFURT (MarketWatch) -- The euro-zone economy shrank 0.6% in the fourth quarter compared to the previous three months, marking a steeper-than-expected fall for the 17-nation shared-currency region, data from the European Union statistics agency Eurostat showed Thursday. Compared to the same period in 2011, gross domestic product contracted by 0.9%. Economists surveyed by Dow Jones Newswires had forecast a 0.4% quarterly contraction and a 0.7% year-on-year decline. The euro-zone reading comes after national data released earlier Thursday showed that Germany, Europe's largest economy, and France, the second-largest, each saw GDP shrink more than expected in the final three months of 2012. For the full year, euro-zone GDP shrank by 0.5%, Eurostat said. | ||
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GorgeousOng
Elite |
14-Feb-2013 18:18
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Look to the left $, look to the right $.. Money money money!!!! Thank you!!!
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iPunter
Supreme |
14-Feb-2013 17:00
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For market after-hours entertainment only... Click   |
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stevenlim109
Senior |
14-Feb-2013 15:41
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boss what is your target price?
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GorgeousOng
Elite |
14-Feb-2013 14:27
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Pls ...lah...Don't just say "watch for it"...how to support you when there is no price to enter n exit???:)
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longterminvestor
Veteran |
14-Feb-2013 14:06
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THAKRAL the next penny to rally up....WATCH FOR IT........ | ||
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Isolator
Supreme |
14-Feb-2013 13:33
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$$$$ is leaving.... enjoy... | ||
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Peter_Pan
Supreme |
14-Feb-2013 13:31
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The next trigger period should be within these 2 weeks. | ||
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Peter_Pan
Supreme |
14-Feb-2013 13:25
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As investors push equities and other risk assets to multi-year highs, one question being raised by analysts is whether upbeat markets are becoming too complacent. Lim Say Boon, chief investment officer at DBS Private Bank in Singapore, says while markets are probably not pricing in long-term structural problems such as huge debt levels in many major economies, the sharp and swift move into stocks this year do not reflect complacency. Instead, the rally in risk assets shows investors are finally taking a step back from high levels of fear and anxiety that ruled last year. In the past three months, shares in the U.S. and Asia have rallied more than 6 percent, while stocks in Europe have gained 4 percent, as fears about U.S. fiscal worries subside and economic data paint a brighter outlook for global growth. It's a sharp contrast to the middle of last year, when a surge in Spanish government bonds yields and worries about a break-up of the euro zone triggered a sharp fall in the euro and equity markets globally. CNBC  |
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Peter_Pan
Supreme |
14-Feb-2013 11:07
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Stocks could continue their sideways drift Thursday, as investors watch a few big earnings, jobless claims and an anticipated merger agreement for American Airlines. But traders are also looking for will decide the next big directional move for stocks, after the market's near 7 percent climb since the start of the year. " We've made a very rapid move very quickly. Consolidation is not surprising," said Wedbush Securities' Steve Massocca. " I think in lieu of correction, we're going to have sideways action." |
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Isolator
Supreme |
14-Feb-2013 10:58
![]() Yells: "STI is hard landing to below 2000..." |
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Come come 2000... |
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