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Financial News: Stocks
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The following articles should be on topic and current for stocks news.
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• Stocks break two-day losing streak in erratic session (USA Today)
Stocks closed higher Wednesday after bouncing up and down most of the session as the price of oil seesawed and worries about the financial sector persisted.
• Asian Stocks Drop on Earnings, Credit-Loss Concerns; Banks Fall (Bloomberg.com)
Aug. 21 (Bloomberg) -- Asian stocks fell, led by financial companies, on concern widening credit-market losses and slowing economic growth will weigh on profit growth.
• China stocks jump on speculation over policy plans (Washington Post)
SHANGHAI, China -- Chinese stocks surged Wednesday in their biggest gain in nearly four months on speculation Beijing plans new economic stimulus measures and other policies aimed at reviving the country's languishing markets.
• Stocks flat as techs gain, Fannie, Freddie slump (Reuters via Yahoo! News)
U.S. stocks were little changed on Wednesday as investors' fear of a government bailout for Fannie Mae and Freddie Mac pushed their shares lower, offsetting gains by tech companies on strong results from Hewlett-Packard Co .
• Oil prices rise as traders mull lower gasoline stocks (AFP via Yahoo! News)
Oil prices rose on Wednesday after a sharp spike the previous day as traders nervously mulled a larger-than-expected decline in US gasoline stocks.
• Japan's Stocks Decline on Report Lehman Financing Talks Failed (Bloomberg.com)
Aug. 21 (Bloomberg) -- Japanese stocks declined for a third day, led by brokerages and banks, after a report Lehman Brothers Holdings Inc. failed to complete a share sale and HSBC Holdings Plc cut its ratings on two of Japan's largest banks.
• Stocks rise as oil prices decline (AP via Yahoo! News)
Stocks turned higher Wednesday as oil prices fell and financials pared their losses, allowing investors to focus on an upbeat profit report from Hewlett-Packard Co.
• Stocks fight back (CNN Money)
Rallying financial and energy stocks pushed Wall Street higher Wednesday, after a choppy session dictated by fluctuating oil prices and fears that Fannie Mae and Freddie Mac are on the brink of a government takeover.
• Asian Stocks Drop on Earnings, Credit-Loss Concerns; Banks Fall (Bloomberg.com)
Aug. 21 (Bloomberg) -- Asian stocks fell, led by financial companies, after Babcock & Brown Ltd. posted its first profit decline and amid speculation credit-market losses will widen.
• Stocks fluctuate over financials, rising oil (AP via Yahoo! News)
Stocks fluctuated Wednesday as investors contended with renewed concerns about the financial sector and a rise in oil prices but found some solace in an upbeat profit report from Hewlett-Packard Co.
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