Max King News
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U.S. stocks erased earlier losses, sending the benchmark Standard & Poor’s 500 Index higher for the first time in three days, as an advance in Apple Inc. shares overshadowed disappointing corporate results.
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U.S. stocks are beating every major asset class for the first time in 17 years even as economic growth weakens and profits rise at the slowest rate since 2009.
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European exporters are turning into the world’s biggest bargains as the euro’s decline boosts the value of foreign sales and pushes valuations to the lowest in a year.
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U.K. stocks rose, extending this week’s rally for the benchmark FTSE 100 Index, after earnings from J Sainsbury Plc and BT Group Plc beat analysts’ estimates.
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