U.S. stocks gain on improving U.S. jobs, factory data; Dow rises 0.83%

U.S. stocks rose on Thursday after weekly jobless claims came in less than expected while a key manufacturing barometer beat market forecasts. At the close of U.S. trading, the Dow Jones Industrial Average finished up 0.83%, the S&P 500 index rose 1.25%, while the Nasdaq...

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Forex - Dollar gains on solid U.S. factory data, falling jobless claims

The dollar firmed against most major currencies on Thursday after data released earlier revealed that jobless claims are on the decline in the U.S., while factory output is on the rise in the world's largest economy. Solid indicators in the U.S. often strengthen the greenback...

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Forex - GBP/USD slips on strengthening U.S. jobs, factory data

The pound moved lower against the dollar on Thursday on news that U.S. jobless claims came in much lower than expected last week, while separate data revealed that factory activity is on the rise in the world's largest economy. Solid indicators in the U.S. often strengthen...

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Crude soars on strong U.S. jobs and factory reports

U.S. crude oil prices soared on Thursday after better-than-expected factory and jobs reports hit the wire in the U.S. earlier, while improving Chinese output figures bolstered prices as well. On the New York Mercantile Exchange, light sweet crude futures for delivery in September...

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Gold slides on solid U.S. jobs and factory reports

Gold prices softened on Thursday after better-than-expected U.S. reports on jobless claims and factory activity boosted hopes that the U.S. economy is on the mend and will no longer require the support of Federal Reserve stimulus measures. Monetary stimulus programs, such as...

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European stocks extend gains ahead of ECB, Draghi; Dax up 1.2%

European stocks extended gains on Thursday, after data indicated that the slump in the euro zone’s manufacturing sector is easing. Market players now looked ahead to the European Central Bank's upcoming policy statement due later in the day, as well as ECB President Mario Draghi's...

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Proctor & Gamble beats on earnings, revenue

Consumer goods giant Proctor & Gamble reported better-than-expected second quarter earnings and revenue figures on Thursday, sending its shares higher in pre-market trade. Earlier in the day, in its second quarter earnings report, Proctor & Gamble said earnings per...

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Forex - GBP/USD erases losses after BoE holds

The pound erased losses against the U.S. dollar on Thursday, as the Bank of England announced no changes to monetary policy following its policy-setting meeting, although the Federal Reserve's policy statement on Wednesday continued to support the greenback.  GBP/USD pulled...

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U.S. futures point to higher open after Fed; Dow Jones up 0.7%

U.S. stock futures pointed to a broadly higher open on Thursday, after the Federal Reserve gave no indications on whether it will begin to taper its bond buying program in the near future. Stronger-than-expected data on manufacturing activity out of the euro zone and China...

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