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    Stock Markets Headlines
    Wall St mostly inches up after Obama's comments (Reuters)

    Traders react in the S&P 500 pit at the Chicago Mercantile Exchange's Chicago Board of Trade, while watching the telecast of U.S. Treasury Secretary Tim Geithner speaking to Congress , March 3, 2009.  REUTERS/John Gress (UNITED STATES)Reuters - U.S. stocks mostly edged higher on Tuesday after President Barack Obama said share prices are potentially a good deal at current levels, offsetting persistent uncertainty about plans to shore up the financial system.


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    Tue, 03 Mar 2009 17:46:38 GMT - Yahoo! News: Stock Markets News
    Wall Street fluctuates a day after massive drop (AP)

    Specialist Peter Mazza works on the floor of the New York Stock Exchange Monday, March 2, 2009. Investors' despair about financial companies and the recession has brought the Dow Jones industrial average to another unwanted milestone: its first drop below 7,000 in more than 11 years. (AP Photo/Richard Drew)AP - Investors ended an early rally and began selling on Wall Street Tuesday as Federal Reserve Chairman Ben Bernanke told Congress an economic recovery depends on the government's ability to stabilize weak financial markets.


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    Tue, 03 Mar 2009 18:51:29 GMT - Yahoo! News: Stock Markets News
    Stock slides 'natural' but not long-term forecast : Obama (AFP)

    US President Barack Obama and British Prime Minister Gordon Brown (R) walk through the Colonnade following a meeting in the Oval Office of the White House in Washington, DC. Obama said Tuesday that plunging stock markets were a AFP - President Barack Obama said Tuesday that plunging stock markets were a "natural reaction" to global contagion but should not drive long-term policy, as he met Britain's Prime Minister Gordon Brown.


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    Tue, 03 Mar 2009 19:30:26 GMT - Yahoo! News: Stock Markets News
    S&P 500 sinks below 700 in Wall St rout (Reuters)
    Reuters - U.S. stocks extended losses heading toward the close on Monday, taking the benchmark S&P 500 briefly below the 700 level for the first time since October 1996. -- read full article
    Mon, 02 Mar 2009 20:56:02 GMT - Yahoo! News: Stock Markets News
    Dow ends under 7,000, S&P tests 700 on AIG fallout (Reuters)

    Trader Brian P. Cooley reacts in the S&P 500 futures pit near the close of trading at the CME Group in Chicago Monday, March 2, 2009, in Chicago. The Dow Jones Industrial fell about 300 points to below 7,000, the first drop below that mark in 11 years. (AP Photo/M. Spencer Green)Reuters - U.S. stocks slid to 12-year lows on Monday as a record $61.7 billion loss for AIG and another government bailout for the insurer heightened concerns about the extent of the damage to the financial system.


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    Mon, 02 Mar 2009 22:14:08 GMT - Yahoo! News: Stock Markets News
    Global stock markets dive on financial fears (AFP)

    Traders take a break in the snow in front of the New York Stock Exchange in New York City. Global stock markets plunged Monday, hammered by fresh fears over the fate of some of the world's biggest financial companies in the midst of a spreading economic crisis.(AFP/Getty Images/Mario Tama)AFP - Global stock markets plunged Monday, hammered by fresh fears over the fate of some of the world's biggest financial companies in the midst of a spreading economic crisis.


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    Mon, 02 Mar 2009 22:16:00 GMT - Yahoo! News: Stock Markets News
    How the Dow Jones industrials fared Monday (AP)

    Trader Brian P. Cooley reacts in the S&P 500 futures pit near the close of trading at the CME Group in Chicago Monday, March 2, 2009, in Chicago. The Dow Jones Industrial fell about 300 points to below 7,000, the first drop below that mark in 11 years. (AP Photo/M. Spencer Green)AP - A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors warned there was no reason to believe buyers will return anytime soon. The Dow Jones industrial average plummeted below 7,000 at the opening bell and kept driving lower all day. It was the first close below 7,000 was May 1, 1997.


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    Mon, 02 Mar 2009 23:01:42 GMT - Yahoo! News: Stock Markets News
    Dow finishes below 7,000 for first time since '97 (AP)

    Specialist Peter Mazza works on the floor of the New York Stock Exchange Monday, March 2, 2009. Investors' despair about financial companies and the recession has brought the Dow Jones industrial average to another unwanted milestone: its first drop below 7,000 in more than 11 years. (AP Photo/Richard Drew)AP - A relentless sell-off in the stock market Monday blew through barriers that would have been unthinkable just weeks ago, and investors warned there was no reason to believe buyers will return anytime soon.


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    Mon, 02 Mar 2009 23:38:13 GMT - Yahoo! News: Stock Markets News
    U.S. SEC charges Sunwest Management with fraud (Reuters)
    Reuters - U.S. regulators charged Sunwest Management and its former chief executive with securities fraud on Monday, alleging the retirement home operator lied to investors and eventually operated the business as a kind of Ponzi scheme. -- read full article
    Tue, 03 Mar 2009 00:02:11 GMT - Yahoo! News: Stock Markets News
    SEC accuses Sunwest Management of fraud (AP)
    AP - Federal regulators on Monday accused Sunwest Management Inc., one of the nation's largest operators of assisted-living facilities, and its former chief executive of securities fraud in connection with real estate investments that turned sour. -- read full article
    Tue, 03 Mar 2009 01:54:51 GMT - Yahoo! News: Stock Markets News
    FTSE rebounds slightly (AFP)

    London's FTSE 100 index of leading shares has rebounded slightly at the open, gaining 0.63% to 3,648.71 points after slumping by more than 5% to six-year lows a day earlier.(AFP/File/Ben Stansall)AFP - London's FTSE 100 index of leading shares rebounded slightly at the open on Tuesday, gaining 0.63 percent to 3,648.71 points after slumping by more than five percent to six-year lows a day earlier.


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    Tue, 03 Mar 2009 08:49:25 GMT - Yahoo! News: Stock Markets News
    Most Asian markets extend slump amid finance gloom (AP)

    An investor checks the share index at a investment bank in Kuala Lumpur, Malaysia, Tuesday, March 3, 2009. Most Asian stock markets extended their slump Tuesday after unremitting troubles at financial giants like American International Group and HSBC sent Wall Street tumbling to new multiyear lows overnight. The benchmark Kuala Lumpur Composite Index (KLCI) dipped 9.59 points to 866.97 after opening 9.35 points lower at 867.21. (AP Photo/Lai Seng Sin)AP - Most Asian stock markets extended their slump Tuesday after unremitting troubles at financial giants like American International Group and HSBC sent Wall Street tumbling to new multiyear lows overnight. European markets opened higher.


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    Tue, 03 Mar 2009 09:30:10 GMT - Yahoo! News: Stock Markets News
    Vivendi posts fourth-quarter loss (AP)
    AP - French media and telecommunications giant Vivendi SA said Monday it made a loss in the fourth quarter as falling stock markets forced it to write down the value of its stake in film and television powerhouse NBC Universal. -- read full article
    Mon, 02 Mar 2009 11:36:52 GMT - Yahoo! News: Stock Markets News
    London stock market strikes six-year low (AFP)

    An electronic sign showing the progress of the FTSE 100 share index in London, October 2008. London's stock market struck its lowest level for almost six years on Monday as it reacted to more bleak news from the financial sector.(AFP/File/Carl de Souza)AFP - The London stock market struck its lowest level for almost six years on Monday as it reacted to more bleak news from the financial sector.


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    Mon, 02 Mar 2009 12:35:29 GMT - Yahoo! News: Stock Markets News
    World stocks fall on US economic slump, bank woes (AP)

    A man walks past a displays showing stock prices at a brokerage firm Monday, March 2, 2009. Asian stocks tumbled Monday after the U.S. economy withered at its fastest pace in more than a quarter century, heightening doubts that the global economy can recover later this year. (AP Photo/Vincent Yu)AP - World stock markets tumbled Monday, with benchmarks in Britain and Japan sinking 4 percent, as the worsening U.S. recession and more evidence of deep rot in the financial industry dashed hopes of a global recovery later this year.


    -- read full article
    Mon, 02 Mar 2009 13:40:43 GMT - Yahoo! News: Stock Markets News
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