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Posts Tagged ‘Erase’

Stocks Rally, Commodities Erase Loss on Jobs Growth; Bonds Fall

May 6th, 2011 Comments off

Stocks rallied, snapping a four-day losing streak for the Standard & Poor’s 500 Index, while commodities pared earlier losses as faster-than-forecast U.S. jobs growth eased concern the economy was slowing. Treasuries halted a six-day rally.
BusinessWeek.com — Finance

U.S. Stocks Erase Drop as Oil’s Loss Drive Up Consumer Companies

May 5th, 2011 Comments off

U.S. stocks rebounded, erasing a fourth straight decline in the Standard & Poor’s 500 Index, as falling oil prices spurred gains in consumer companies, airlines and FedEx Corp.
BusinessWeek.com — Finance

U.S. Stocks Erase Earlier Gains Triggered by Death of Bin Laden

May 2nd, 2011 Comments off

U.S. stocks erased gains as declines in shares of energy, technology and financial companies led a retreat that wiped out an early rally triggered after the killing of Osama bin Laden.
BusinessWeek.com — Finance

U.S. Stocks Erase Gains as Energy, Raw-Material Producers Slip

April 27th, 2011 Comments off

U.S. stocks erased gains as declines in energy and commodity companies overshadowed higher- than-estimated earnings at companies from Corning Inc. to Whirlpool Corp.
BusinessWeek.com — Finance

U.S. Stocks Erase Drop as Supervalu Leads Consumer-Staples Gain

April 14th, 2011 Comments off

U.S. stocks erased losses as Supervalu Inc. led a rally in consumer-staples companies after earnings beat analysts’ estimates and higher oil prices lifted energy producers.
BusinessWeek.com — Finance

Asian Stocks Erase Declines as Carmakers Advance, Canon Climbs

April 13th, 2011 Comments off

Asian stocks advanced for the first time in three days as Japan’s carmakers climbed after Nomura Holdings Inc. said they were “oversold” and oil and metal prices arrested declines.
BusinessWeek.com — Finance

U.S. Stock-Index Futures Erase Gain on Europe Interest-Rate Bets

April 7th, 2011 Comments off

U.S. stock-index futures erased gains amid speculation European Central Bank President Jean- Claude Trichet will continue to raise interest rates to ward off accelerating inflation.
BusinessWeek.com — Finance

U.S. Stocks Erase Gains Amid Concern Fed to Withdraw Stimulus

April 5th, 2011 Comments off

U.S. stocks erased gains, preventing a third straight advance in the Standard & Poor’s 500 Index, as growing concern that the Federal Reserve will begin removing stimulus measures offset optimism about takeover deals.
BusinessWeek.com — Finance