Saturday 24 December 2011

Stocks close higher on payroll-tax action by Congress

Stocks closed higher Friday after a quiet, pre-holiday session that turned the S&P 500 index positive for the year. Traders were relieved by news that Congress extended a payroll-tax holiday for workers and emergency unemployment benefits. Both programs were set to expire at the end of the year ...


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  • SAN FRANCISCO (MarketWatch) — U.S. stocks closed about 1% lower Monday, deepening losses as separate comments from the head of the European Central Bank and the region’s ...
  • Asia stocks start week mostly higher


  • SYDNEY (MarketWatch) — Asian shares traded mostly higher Monday, as investors hoped for progress in curbing Europe’s debt crisis in what could be a crucial week for the ...
  • Nike Q2 Profit Up 3%, Tops Estimate


  • Nike Inc. Tuesday reported a 3 percent rise in profit for the second quarter on an 18 percent growth in revenues, even as higher product costs pulled down gross margins.

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