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Wall St rally rolls on

October 6, 2018
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US stocks rise as investors bet that lower borrowing costs wouldkeep the economy from slowing further and boost profits. (The Age — 20 September, 2007)
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US stocks fell on Thursday as a weakened dollar and a surge in oilprices kindled fresh concerns about inflation, snuffing out atwo-day rally that followed the Federal Reserve’s deepinterest-rate cut. (Sydney Morning Herald — 21 September, 2007)
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Stocks slipped Thursday as Wall Street, still pleased about the Federal Reserve’s rate cut but sobered a bit by mixed earnings reports, stopped to cash in profits from this week’s rally. (MSNBC — 21 September, 2007)
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Equity markets rise worldwide, U.S. stocks climb as tame inflation data encourages investors already buoyed by yesterday’s interest-rate cut. (Washington Post — 20 September, 2007)
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THERE was something for just about everyone in the FederalReserve’s decision on Tuesday to cut its benchmark interest rate byhalf a percentage point. (Sydney Morning Herald — 20 September, 2007)
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Asian markets advance after the US Federal Reserve cuts interest rates for the first time in four years. (BBC News — 19 September, 2007)
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The US Federal Reserve today cut its base federal funds rate a halfpoint to 4.75 per cent in the face of housing and credit marketstress that threatens the world’s biggest economy. (The Age — 19 September, 2007)
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Wall Street’s third quarter would be the worst since 2001 if itweren’t for the timely sale of a power company by Goldman SachsGroup. (The Age — 18 September, 2007)
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