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Updated: 25 min 34 sec ago

Social-media And Biotech Stocks Weaker After Fed Warning

Tue, 07/15/2014 - 10:23am
Shares of social-media and biotech companies were lower Tuesday as the Fed's semiannual testimony included a warning over their valuations.
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Yellen Still Making Case For Stimulus

Tue, 07/15/2014 - 10:11am
Fed Chair Janet Yellen is still making a case for keeping the central bank’s easy-money stimulus policies in place.

 

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CBO Sees U.S. Debt Hitting 106% of GDP by 2039

Tue, 07/15/2014 - 10:07am
The non-partisan group said U.S. public debt will probably swell to 106% of gross domestic product in the next 25 years, from 74% currently. 
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U.S. Business Inventories Climb 0.5% In May

Tue, 07/15/2014 - 10:04am
Business inventories rose 0.5% in May to a seasonally adjusted $1.34 trillion, the Commerce Department said Tuesday.
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Yellen: Signs of Inflation Not Enough to Quicken Rate Hikes

Tue, 07/15/2014 - 10:03am
The Fed chief said economic recovery is still underway as an ailing jobs market and stagnant wages justify loose monetary policy for the foreseeable future.
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Debt Held By Public To Exceed 100% Of GDP In 2039: CBO

Tue, 07/15/2014 - 10:01am
Federal debt held by the public is now about 74% of gross domestic product, the Congressional Budget Office said Tuesday.
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VMware to form cloud computing partnership with China Telecom

Tue, 07/15/2014 - 9:53am
Silicon Valley-based VMware Inc said it will form a cloud computing partnership with China Telecom Corp, expanding in China at a time when many U.S. technology firms' businesses there are experiencing fallout from a cyber security squabble.
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Banks lead US stocks higher after Goldman Sachs, JPMorgan Chase beat earnings forecasts

Tue, 07/15/2014 - 9:48am
Banks are leading an early advance in U.S. stocks after JPMorgan Chase and Goldman Sachs turned in better results than investors were expecting.
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Tech Stocks Rise Ahead Of Intel, Yahoo Earnings

Tue, 07/15/2014 - 9:48am
Tech stocks rose in early trading Tuesday as investors awaited earnings reports from Yahoo Inc. and Intel Corp. after the close of trading.
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Wall Street Pares Back Gains on Yellen Testimony

Tue, 07/15/2014 - 9:30am
After parsing through dovish testimony from Fed chief Janet Yellen, U.S. equities shed gains made on the back of strong quarterly bank earnings.
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US stock index futures edge higher following mixed retail data, earnings

Tue, 07/15/2014 - 9:26am
Stock futures edged higher Tuesday as investors digested mixed U.S. retail sales data and several corporate earnings reports.
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Can Diesel Cars Make Inroads in America?

Tue, 07/15/2014 - 9:00am
With drivers looking to visit gas stations less often, automakers are slowly bringing more diesel-powered cars to showrooms.
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Comerica Shares Rally Premarket As Earnings Top Forecasts

Tue, 07/15/2014 - 8:44am
Shares of Comerica were indicated sharply higher in premarket trade after the bank reported second-quarter earnings of $151 million, or 80 cents a share, up from 76 cents a share a year ago, and above the FactSet EPS estimate of 76 cents.
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New York Manufacturing Heats Up in July

Tue, 07/15/2014 - 8:39am
The New York Fed’s gauge of manufacturing in the Empire State rose to 25.6 in July, from 19.28 the month prior, jumping past the reading of 17 economists expected.
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June Retail Sales Miss Views as Auto Receipts Disappoint

Tue, 07/15/2014 - 8:38am
Retail sales ticked just slightly higher in June as sales across auto dealers missed estimates. However, the data still point to a 2Q economic improvement. 
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Trade Prices Mixed in June

Tue, 07/15/2014 - 8:37am
Import prices saw a shallower-than-expected pick-up in June, while export prices declined, missing forecasts for a monthly gain. 
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Retail Sales Climb Less Than Expected 0.2% In June

Tue, 07/15/2014 - 8:30am
Sales at U.S. retailers rose in June by the smallest amount since January, but most stores except for auto dealers and home-improvement outlets boasted an improvement in revenue.
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U.S. Import Price Index Rises Slightly In June

Tue, 07/15/2014 - 8:30am
The prices paid for goods imported into the U.S. edged up 0.1% in June, largely because of higher fuel costs, the U.S. Labor Department said Tuesday.
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Empire State Index Reaches Four-year High Of 25.6

Tue, 07/15/2014 - 8:30am
The Empire State manufacturing survey climbed to 25.6 in July, up from 19.3 in June, to reach a four-year high, the New York Fed said Tuesday.
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J&J 2Q profit rises 13 percent to $4.33 billion, beats forecast

Tue, 07/15/2014 - 8:23am
Johnson & Johnson (JNJ) on Tuesday reported earnings that climbed by 13 percent in its second quarter, and topped analysts' expectations.
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