Energy and materials stocks lift Wall St
Summary from multiple countries, from articles in English
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The finance ministry yesterday cut its 2008 growth forecast even below that of most economists, predicting almost a halving of growth from 7.1 per cent in 2007, itself a substantial slowdown from 11.2 per cent in 2006. (article 15)
Estonia has slashed this year's growth forecast from 5.2 per cent to 3.7 per cent, raising fears that the once overheating Baltic economies are now cooling too rapidly. (article 14)
With the closely-watched Chartered Institute of Purchasing and Supply index of service sector activity sliding to a four-month low, the Bank is widely expected to cut rates from 5.25 per cent to 5 per cent next Thursday. (article 13)
Canada's GDP will rise by 1.6 per cent in 2008 as the trade sector slows and the U.S. economy weakens, the bank predicts. (article 17)
The MSCI Asia-Pacific Index had gained 1.2 per cent to 144.78 by mid-afternoon in Tokyo, adding to Wednesday's 3.2 per cent jump. (article 2)
JPMorgan rose 9.4 per cent to $47 while Goldman Sachs added 6.9 per cent to $176.86 and Citigroup, climbed 11.3 per cent to $23.84. (article 3)
An index of investment bank stocks climbed 9 per cent, but still remains down 20 per cent over the year to date. (article 3)
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Story keywords
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cent, rose, stocks, index, shares |
Source articles
- Asian markets mixed awaiting US jobs report (ft.com, 04/04/2008, 451 words)
- Asian stocks rise for a second day (ft.com, 04/03/2008, 701 words)
- US stocks soar on UBS news (ft.com, 04/01/2008, 833 words)
- Wall St eases back in choppy session (ft.com, 04/02/2008, 709 words)
- Energy and materials stocks lift Wall St (ft.com, 04/03/2008, 687 words)
- FTSE capped by falling oil and mining stocks (ft.com, 04/01/2008, 700 words)
- FTSE gains led by bank stocks (ft.com, 04/02/2008, 714 words)
- FTSE down as UK banks’ rally ends (ft.com, 04/03/2008, 698 words)
- Britons grow richer but wealth gap widens (ft.com, 04/03/2008, 464 words)
- Equity markets shrug off bank writedowns (ft.com, 04/01/2008, 464 words)
- Asian markets await US jobs report (ft.com, 04/04/2008, 483 words)
- Overview: Equities drift in uncertain trading (ft.com, 04/03/2008, 669 words)
- Credit squeeze to intensify, says Bank (ft.com, 04/03/2008, 467 words)
- Estonia slashes growth forecast (ft.com, 04/03/2008, 412 words)
- Estonia slashes growth forecast to 3.7% (ft.com, 04/04/2008, 160 words)
- Dark clouds approaching from the west (ft.com, 04/02/2008, 1317 words)
- Slowing Canadian economy will still top U.S. growth this year: RBC (cbc.ca, 04/03/2008, 493 words)
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