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Nikkei jumps 2.8 pc

Japan’s Nikkei surged 2.8 per cent and was set to snap a five-day losing streak on Friday, boosted as worries about the results of European bank stress tests eased and by robust US corporate earnings. Short-covering helped buoy the benchmark Nikkei after it shed nearly 6 per cent in the past five days, market players [...]

Dow rises with Exxon

The Dow and the S&P 500 rose in choppy trading on Tuesday as higher oil prices lifted Exxon, while the Nasdaq fell after an analyst cut price targets on tech bellwethers such as Amazon.com. Federal Reserve Chairman Ben Bernanke’s comments appeared to reassure investors and helped offset the tech weakness. Bernanke said the US economy [...]