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U.S. stocks rise on upbeat consumer confidence
U.S. stocks posed moderate gain on Tuesday as better-than-expected consumer confidence and home prices data boosted the market. The Conference Board's Consumer Confidence index rose to 54.1 in August ...
bignewsnetwork.com

Stocks in focus for Wednesday
SAN FRANCISCO (MarketWatch) -- Among the stocks expected to see active trading on Wednesday are those of Eaton Vance, Gymboree, Limited and PetSmart. BJ's Wholesale Club Inc.
Big News Network

Alert-14:24 (Est) ACM Precious Metals Analysis: Gold Rebounds on Weaker Dollar as Economic Data Fuel Positive Sentiment
Gold advanced as better-than-expected economic figures weighed on the dollar, which edged down across the board. The Case-Shiller Home Price Index rose to -15.44% vs -16.4% forecasted while the consumer confidence index jumped to 54.1 vs 47.9 estimated, signaling growing optimism in the market. December gold futures on COMEX rose $5oz to $948oz while the Dollar Index slid 0.17 to 78.13. Holdings...
Alerts Feed

Holden to cut another 200 jobs
Holden confirms job cutsMainly from Melbourne headquartersUnion expects 70 engineers to go
Cnet

As more banks fail, private investors gain favor (AP)
With the toll of bank failures surging, regulators are expected Wednesday to ease rules they proposed only last month for private investors seeking to buy failed institutions.
yahoo.com

Gas Capacity Is an Issue
Natural-gas storage is likely to have risen more than expected, with ample capacity already driving down prices 30% since early August.
Wall Street Journal

Autos, aerospace expected to boost orders
A rise in durable goods orders is a promising sign for the U.S. economy, economists say
The Globe and Mail

A Rise In German Business Sentiment Would Validate The Bullish Euro Technical Outlook
The German IFO business sentiment report for August is expected to show an improvement to 89.0 from 87.3, which would be the fifth straight monthly improvement...
Daily FX

Big Lots Gains 6.5%; Winn Slides
Small-capitalization stocks rose as better-than-expected consumer-confidence data helped soothe investors nervous about the economy's recovery.
Wall Street Journal

Postal Service Offers $15,000 Buyouts
Agency Struggles to Cut Costs Amid Downturn in Business; Up to 30,000 Expected to Participate
CBS News

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