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Dow Hits New High As Brightening Outlook Cheers Markets

Dow Hits New High As Brightening Outlook Cheers Markets
By Roland JACKSON
05/05/21 AT 12:25 PM
Global equities rebounded Wednesday as investors focused on bright earnings and data pointing to an economic recovery, lifting Wall Street to a new record high.
London rose 1.7 percent on the session, led by miners, for its highest close since the Covid-19 pandemic first hit Europe just over 14 months ago.
Frankfurt rose 2.1 percent and Paris added 1.4 percent as a survey showed April had the fastest growth of eurozone companies in nine months, sparking hope that the bloc would exit a double-dip recession.
On Wall Street, the Dow began cautiously and slipped briefly into the red, but pushed back as data showed the US jobs market strengthened last month even if payrolls still stand around eight million jobs down on pre-pandemic levels. ....

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Top Stocks To Buy Today As Tech Shares Like Apple Lead Losses

Top Stocks To Buy Today As Tech Shares Like Apple Lead Losses
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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The Market Is Suffering From Multiple Personality Disorder

The Market Is Suffering From Multiple Personality Disorder
Closing the gap between the disparate groups is likely to be a very messy process.
There are two totally different markets out there right now, and it is causing great consternation for many of its participants.
The first market is reflected in the action in the DJIA and S&P 500. This is primarily comprised of big-cap, value stocks that are favored by large funds and buy-and-hold investors. Many of these stocks have slow-and-steady growth and lower levels of volatility. A good example is Dow, Inc. (DOW) , the chemical company that is part of the DJIA. ....

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Dow Jumps 300 Points As Stocks Kick Off Worst Six Months Of The Year

Historically, stocks climb an average of just 1.7% in the six months beginning in May. They soared 30% over the past six months. ....

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OGRA proposes to hike petroleum prices by up to Rs6 per liter

OGRA proposes to hike petroleum prices by up to Rs10.64 per liter
Published On
OGRA has sent a summary to hike prices to the Petroleum Division.
ISLAMABAD (Dunya News) – The Oil and Gas Regulatory Authority (OGRA) has on Friday proposed to hike petroleum prices by up to Rs10.64 per liter and a summary in this regard has been sent to the Petroleum Division.
The final decision regarding new prices will be taken by Prime Minister Imran Khan. It is pertinent here to mention that the government had slashed prices of petroleum products by up to Rs2.32 per liter effective from April 15, 2021. ....

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