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Energy, Materials Lift Stocks

Rising oil and metals prices boosted the materials and energy sectors, including shares of Alcoa and Caterpillar. Ford opened at its highest price in five years.

 

GMAC Plans IPO to Repay Its U.S. Aid

GMAC plans to return to the stock markets with an IPO in the next two years, in a move aimed at gradually exiting from government help and eventually repaying its rescue aid.

 

SEC Votes for Short-Sale Rule

The SEC voted 3-2 to approve a long-anticipated short-selling rule to place curbs on the practice for individual securities experiencing declines of 10% or more in a single day.

 

Hollywood Stock Exchange set to launch

Hollywood Stock Exchange set to launch

Hollywood Stock Exchange is tentatively set to launch as a real-money commodity exchange April 20.

 

Stocks Start Weak; Kraft Down

Stocks Start Weak; Kraft Down

Materials and energy stocks were among those pulling the U.S. stock market to a weak opening. Home Depot gained on Lowe's earnings report.

 

Stocks Slump After Fed Hikes Discount Rate

Central bank bumps up cost for emergency loans to banks, but says move on benchmark rate is not imminent.

 

Chevron, BofA Push Stocks Higher

U.S. stocks gained, as rising commodity prices boosted energy stocks, concerns about European governments' debt loads eased and data showed a brightening outlook for New York area manufacturing.

 

U.S. Stocks Sink on Economic Fears

Alcoa and General Electric slid amid concerns about global growth following sluggish fourth-quarter economic growth in the euro zone and a move by China to tighten lending.

 

After Mon. dip, Dow ends day back over 10K

The Dow Jones industrial average jumped back above 10,000 on hope that the European Union will help Greece manage its growing debt burden.

 

Dow Opens Below 10000

Alcoa, DuPont and financial stocks helped the stock market open weaker. CIT gained on its new CEO.

 

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