Mindblown: a blog about philosophy.
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Stocks Rise as European Central Bank Move
U.S. stocks opened strongly higher on Thursday after the European Central Bank said it was coordinating with the Federal Reserve and other central banks. The ECB news helped offset disappointing U.S. economic data. The Dow Jones Industrial Average lately added 111.11 points to 11,357.84. The Standard & Poor’s 500 Index rose 10.63 points to 1,199.31.…
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Stocks Advanced on Europe Support for Greece
Stocks closed higher for the third day in a row on Wednesday after European leaders renewed pledges to help Greece avoid defaulting on its debts. The Dow Jones Industrial Average gained 140.88 points, or 1.27%, to 11,246.73. The S&P 500 added 15.81 points, or 1.35%, to 1,188.68. The Nasdaq Composite rose 40.40 points, or 1.60%,…
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Stocks Started Up Ahead of Talks on Greek Debt
Stocks started higher on Wednesday, tracking European markets higher ahead of a meeting on Greece’s debt troubles and the release of fresh U.S. economic data. The Dow Jones Industrial Average lately added 17.86 points to 11,123.71. The Standard & Poor’s 500 Index advanced 2.88 points to 1,175.75. The Nasdaq Composite Index rose 14.60 points to…
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Stocks Ended Up with Europe in View
U.S. stocks Tuesday ended higher for the second session as investors took comfort from a relatively low volume of negative headlines about Europe. The Dow Jones Industrial Average was up 44.73 points, or 0.40%, at 11,105.85 at the close of floor trading. The S&P 500 gained 10.60 points, or 0.91%, to 1,172.87. The Nasdaq Composite…
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Stocks Wavered Amid Euro Zone Woes
Stocks wavered at the open on Tuesday as Wall Street rode a wave of mostly European-related concerns. The Dow Jones Industrial Average lately fell 14.46 points to 11,046.66. The Standard & Poor’s 500 Index was up 2.49 points to 1,164.76. The Nasdaq Composite Index gained 12.58 points to 2,507.67. More than half of Europe’s fund…
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ARMOUR Residential REIT, Inc.(NYSE: ARR )
ARMOUR Residential REIT, Inc. (ARR), formerly Enterprise Acquisition Corp., is focused on investing in Agency residential mortgage-backed securities. ARMOUR’s residential mortgage-backed securities portfolio consists of hybrid adjustable-rate, adjustable-rate and fixed-rate residential mortgage-backed securities issued or guaranteed by the United States Government-chartered entities, including the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage…
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Stocks Finished Sharply Lower on Europe Worries
U.S. stocks closed out their worst day in more than three weeks Friday, as the solidity of the euro-zone again came under pressure following a senior central bank official’s exit and news Germany was preparing a backup plan for a Greek default. The Dow Jones Industrial Average fell 303.68, or 2.68%, to 10,992.13. The S&P…
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Stocks Opened Down After Obama Speech
Stocks opened sharply lower on Friday as a jobs proposal by President Barack Obama did little to reassure investors concerned about weak economic growth. The Dow Jones Industrial Average lately fell 177.85 points to 11,117.96. The Standard & Poor’s 500 Index declined 15.27 points to 1,170.63. The Nasdaq Composite Index shed 25.72 points to 2,503.42.…
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Stocks End Down after Bernanke Offers No New Stimulus
Stocks closed sharply lower Thursday after Federal Reserve Chairman Ben Bernanke offered no new insight into whether the central bank will act soon to prop up the economy. The Dow Jones Industrial Average fell 119.05 points, or 1.04%, to 11,295.81. The S&P 500 lost 12.72 points, or 1.06%, to 1,185.90. The Nasdaq Composite eased 19.80…
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