Wall Street turned green on Tuesday

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Source: Marketwatch
U.S. stocks turned green on Tuesday, with S&P reaching 1,400, on hopes that central banks are ready for bold actions to bolster economic growth. The Dow Jones Industrial Average added 0.57 per cent to 13,192.7, the S&P 500 Index soared 0.66 per cent to 1,403.47, reaching a three-month high, and the Nasdaq Composite jumped 0.79 per cent to 3,013.33.
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Tue, 07 Aug 2012 18:00:10 GMT

European stocks advanced on Tuesday

On Tuesday, August 7, European stocks advanced, supported by crude oil, and despite negative economic news. The Stoxx Europe 600 Index jumped 0.4 per cent to 267.87, boosted mostly by Standard Chartered, accused by a regulator from New York in hiding $250 billion in transactions tied to Iran.  At the same time, Spanish IBEX 35 Index rose by nearly 2 per cent to 7,200; Portugal's

Wed, 08 Aug 2012 13:22:12 GMT

Oil hits three-month high

Oil futures continued three-day rally on Tuesday, and hit three-month high, as Wall Street edged higher and weaker U.S. Dollar helped oil's gains.  Crude oil with September contract jumped 0.7 per cent, to $92.89 per barrel during today's New York trading session.  In the meanwhile, investors are waiting for the American Petroleum Institute's report, as inventories are expected to decline, pushing crude higher. Other energy contracts also

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