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Reform. It was about getting back to basics, investors turned their attention to upbeat reports on the economy, comments on Interest Rates from an influential member of the Federal Reserve and corporate profit t. Dow jones industrial average snapped an eightday losing streak rising 150 points, the nasdaq added 34 and the s p 500 was up nearly 17. Lets start with earnings. The end of the quarter is a few days away, already the expectations are high. Reporter the end of the First Quarter is just around the corner. The bulls are hoping a strong earnings season may provide a market stabilize tore what is likely to be a very rocky debate over tax reform and infrastructure spending. First earnings are expected to rise 10 from the same last year. That would be the best quarterly showing in six years, it might be better than tha ....
500 making slight moves, but the nasdaq headed north for its fourth straight day of gains t. Dow jones industrials lost 42 points. The nasdaq added 22 and the s p 500 rose 2. 5. So lets genover sin over seas, Divorce Proceedings officially got under way. Now begins the messy proj progress of leaving the uk. Steve sedgwick reports from west minster. Reporter the british referendum where the uk decided to leave the European Union, the british finally sent their letter to the eu, to the president of the council saying were enacting article 50 and that actually the Divorce Proceedings will start placements its only five short prafts in article 50, but part of that is a twoyear time line, a very tight time line for leaving the European Union and hoping the brit ....
30 minutes left of the friday session. Another week to remember. There you go. Global macro movers. Declines in the equities. Weeklytrack of a second gain. The biggest in a month, but declines today post draghi. The number of earnings are disappointing. Hugh is red. Lets get to the earnings. Daimler, arise. Robust demand for mercedesbenz luxury cars. Woos new buyers with suvs. His doctor the forecast for earnings, slightly higher than 2015 it stuck to the forecast for earnings, slightly higher than 2015. It protects revenue to remain flat compared with last year. The shipped mostly related to weaker demand for trucks. Daimler has a performed european auto peers. Isple is the global, blue daimler, and the white is the euro auto industry. Lets stick with the truck industry. Volvo, thirdquarter operating, falling. Heavy truck demand outweighing a program to reduce cost revenue falling by 6. 1 , missing estimates in industrywide contraction in north america. Prompting it to cut production ....