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U.S. stocks advance amid better-than-forecast economic reports
U.S. stocks advanced, snapping a three-day decline for the Standard & Poor’s 500 Index, after better-than-estimated consumer confidence and housing data. more
Providence-area exports top $7B in 2011
Exports from the Providence-Fall River-New Bedford metropolitan area grew 23.3 percent to $7.1 billion from 2010 to 2011, according to data from the U.S. Department of Commerce’s International Trade Administration. more
| 9/21/12
Most U.S. stocks fall amid concern over Europe
Most U.S. stocks fell, after the Standard & Poor’s 500 Index climbed to the highest level since 2007, as FedEx Corp. slumped and concern grew that European leaders will struggle to resolve the region’s debt crisis. more
Current-account deficit in the U.S. narrowed in 2Q
The current-account deficit in the U.S. narrowed more than forecast in the second quarter, helped by a pickup in exports and a bigger income surplus. more
U.S. stock futures advance as global markets extend rally on Fed
U.S. stock-index futures climbed, indicating the Standard & Poor’s 500 Index will rise from its highest level since 2007, as markets rallied around the world on the Federal Reserve’s bond-purchase program. more
Import prices in U.S. rose 0.7% in August as energy costs jumped
Prices of goods imported into the U.S. rose in August for the first time in five months as the cost of petroleum surged. more
Trade gap in U.S. widened to $42B as exports fell
The U.S. trade deficit widened in July for the first time in four months as the global economic slowdown reduced demand for American-made goods. more
Oil trades near 1-week high on outlook for economic stimulus
Oil traded near the highest level in a week in New York amid speculation that the U.S. and China will implement measures to revive their economies. more
Payrolls in U.S. increase less than forecast in August
Payrolls rose less than projected in August and the unemployment rate was unexpectedly driven down by Americans leaving the labor force, boosting the odds of additional Federal Reserve easing to spur a faltering recovery. more
S&P 500 climbs to 4-year high as ECB details bond-buying plan
The Standard & Poor’s 500 Index climbed above the highest closing level since 2008 as the European Central Bank announced specifics of its bond-buying plan and data boosted optimism in the American labor market. more
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