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Wall Street Week Ahead: Cliff may be a fear, but debt ceiling much scarier

December 29th, 2012 admin Posted in Negocios No Comments »

(Reuters) – Investors fearing a stock market plunge – if the United States tumbles off the "fiscal cliff" next week – may want to relax. But they should be scared if a few weeks later, Washington fails to reach a deal to increase the nation’s debt ceiling because that raises the threat of a default, another credit downgrade and a panic in the financial markets. . . .

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Housing, factory data point to momentum in economy

December 29th, 2012 admin Posted in Negocios No Comments »

WASHINGTON (Reuters) – Contracts for U. S. home resales hit a 2-1/2-year high in November and factory activity in the Midwest expanded this month, suggesting some strength in the economy despite the threat of tighter fiscal policy. The National Association of Realtors said on Friday its Pending Home Sales Index, based on contracts signed last month, increased 1. 7 percent to 106. 4 – the highest level since April 2010 when the home-buyer tax credit expired. . . .

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Wall Street ends sour week with fifth straight decline

December 29th, 2012 admin Posted in Negocios No Comments »

NEW YORK (Reuters) – Stocks fell for a fifth straight day on Friday, dropping 1 percent and marking the S&P 500’s longest losing streak in three months as the federal government edged closer to the "fiscal cliff" with no solution in sight. President Barack Obama and top congressional leaders met at the White House to work on a solution for the draconian debt-reduction measures set to take effect beginning next week. . . .

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Wall Street ends sour week with 5th straight decline

December 28th, 2012 admin Posted in Negocios No Comments »

NEW YORK (Reuters) – Stocks fell for a fifth straight day on Friday, dropping 1 percent and marking the S&P 500’s longest losing streak in three months as the federal government edged closer to the "fiscal cliff" with no solution in sight. President Barack Obama and top congressional leaders met at the White House to work on a solution for the draconian debt-reduction measures set to take effect beginning next week. . . .

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Wall Street skids as U. S. heads for “fiscal cliff”

December 28th, 2012 admin Posted in Negocios No Comments »

NEW YORK (Reuters) – Stocks fell on Friday, putting the S&P 500 on track for a fifth straight decline, as President Barack Obama and top congressional leaders were to make a last-ditch attempt to steer the United States away from driving off the "fiscal cliff. " Obama and lawmakers will meet at the White House Friday afternoon for talks before a New Year’s deadline to keep large tax hikes and spending cuts from taking effect and threatening the economy with recession. Investors’ pessimism about achieving anything more than a stop-gap deal by the deadline showed in the benchmark S&P index’s 1. . . .

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Global shares rise before U. S. budget talks, yen at two-year low

December 28th, 2012 admin Posted in Negocios No Comments »

LONDON (Reuters) – World shares and the euro edged higher on Friday as U. S. lawmakers prepared to resume negotiations on avoiding a fiscal crisis, while the yen hit a two-year low on the prospect of drastic monetary easing in Japan. U. S. President Barack Obama and lawmakers are set to have a last round of talks before a New Year deadline to reach a deal on averting major tax increases and spending cuts which could drag the economy and others around the world into recession. . . .

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Wall Street rebounds on House session, but off for 4th day

December 27th, 2012 admin Posted in Negocios No Comments »

NEW YORK (Reuters) – Stocks fell for a fourth day on Thursday, but recovered most of their losses after the House of Representatives, in the barest sign of progress, said it would come back to work on avoiding the "fiscal cliff" this weekend. It was a jittery session for stocks, with shares falling more than 1 percent after Senate Majority Harry Reid warned a deal was unlikely before the deadline, only to rebound merely on the news that the House would reconvene Sunday, a day before the December 31 "cliff" deadline. . . .

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Wall Street falls for fourth day over “fiscal” fears

December 27th, 2012 admin Posted in Negocios No Comments »

NEW YORK (Reuters) – Stocks fell for a fourth day in a row on Thursday and a measure of investor anxiety hit its highest in five months after the top Senate Democrat warned a deal to avoid fiscal austerity measures may not be reached by the December 31 deadline. The comments by Senate Majority Leader Harry Reid just days before the hefty tax hikes and spending cuts go into effect pushed stocks down. The S&P 500 has lost 2. 7 percent over the past four days, its worst such run in over a month. . . .

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Stock futures little changed with “cliff” talks to resume

December 27th, 2012 admin Posted in Negocios No Comments »

NEW YORK (Reuters) – U. S. stock index futures were little changed on Thursday with legislators due to return to Washington to restart negotiations over the "fiscal cliff". President Barack Obama will attempt to make another push to resume talks on the cliff, a series of tax hikes and spending cuts set to begin on January 1 which may tip the economy into a recession, on Thursday after returning from a shortened Christmas holiday in Hawaii. . . .

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Asian shares up with eye on “fiscal cliff”; yen slips more

December 27th, 2012 admin Posted in Negocios No Comments »

TOKYO (Reuters) – Asian shares rose on Thursday amid caution about the chances of U. S. lawmakers striking a deal to avoid a fiscal crunch by December 31, while the yen hit a 21-month low against the dollar on the prospect of drastic monetary easing and massive state spending. In a sign that there may be a way to break the deadlock in Congress, Republican House of Representatives Speaker John Boehner urged the Democrat-controlled Senate to act to pull back from the cliff, and offered to at least consider any bill the upper chamber produced. U. S. . . .

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