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US shares on the rise

October 2, 2018
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US stocks rose last week after new home sales and durable-goodsorders topped economists’ forecasts, spurring speculation the USeconomy can weather credit-market losses caused by the subprimehousing collapse. (The Age — 26 August, 2007)
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The Australian sharemarket opened higher this morning after marketsin the United States rose on Friday. (Sydney Morning Herald — 27 August, 2007)
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Australian shares rose 1.6 percent on Monday as strong earnings andan upbeat outlook lifted shares in top retailer Woolworths, whileUS-exposed firms such as CSL rose on surprisingly strong USeconomic data. (Sydney Morning Herald — 27 August, 2007)
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Wall Street shares take a heavy pounding as credit and economicfears prompt markets to plummet more than two per cent. (The Age — 1 hour ago)
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The Australian share market closed slightly lower today, as strongcompany results were offset by a weak lead from Wall Street. (The Age — 17 hours ago)
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There did not appear to be a single catalyst for the drop, but several problematic readings were bruising to investor confidence. (New York Times — 1 hour ago)
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US stocks fell on Monday after data showed the number of unsoldhomes reached its highest level in more than 15 years in July,adding to concerns about the housing market and consumer spending. (Sydney Morning Herald — 28 August, 2007)
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The Australian sharemarket remained high at midday after markets inthe United States rose strongly on Friday. (Sydney Morning Herald — 27 August, 2007)
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