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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 04, 2012
Page
7
The data shows a volatile trading snapshot listing active stocks like AES Corp AT&T AMD and Alcoa with varying highs and lows, last prices and daily changes. The excerpt ends with a crude oil price note at 102.97 per barrel and an assortment of misread line items and codes.
The Dow climbs 179.82 points to 12397.38, its highest close in over five months, while the S&P 500 rises about 20 points as investors return from holidays. Positive U.S. and global economic data fuel optimism for a stronger year. Banks, materials, and industrials lead with notable wins for Alcoa, JPMorgan Chase, and Bank of America amid hopes Europe stabilizes and Chinese data improve.
The Federal Reserve will begin updating the public on how long it plans to keep short term rates at near zero with four annual forecasts. The first projection will appear after the January 24 25 meeting, signaling a shift to more transparent, explicit communications aimed at stabilizing expectations and potentially lowering long term yields.
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