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2 HOURS AGO - TheStreet

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Stocks Are Back to Even This Week, Now What?

NEW YORK (TheStreet) -- It's been a pretty brutal correction, right? Or has it? The S&P 500 is up 2.5% on Thursday, and after Wednesday's 4% surge, the index is actually positive for the week and is within 10 points of recapturing 2,000.  The correction boiled down to being a growth scare, Rob Sechan, an institutional consultant for UBS Private ...

Tags: Stocks Are Back to Even This Week, Now What?,  European Central Bank Latest News

7 HOURS AGO - Reuters

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ESM's Regling says Greek debt relief possible, but no haircut

BERLIN (Reuters) - The head of the European Stability Mechanism said on Thursday that options for easing Greece's debt burden included extending loan maturities, suspending interest payments and transferring central bank profits, but he ruled out a debt "haircut".

Tags: ESM's Regling says Greek debt relief possible, but no haircut,  European Central Bank Latest News

9 HOURS AGO - Reuters

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The euro is irreversible despite its faults: ECB's Coeure

FRANKFURT (Reuters) - The euro is an irreversible project even though the people of Europe lack confidence in the currency union's ability to deliver all promised benefits, European Central Bank executive board member Benoit Coeure said on Thursday.

Tags: The euro is irreversible despite its faults: ECB's Coeure,  European Central Bank Latest News

9 HOURS AGO - Huffington Post

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Stocks Fly After Fed Official Cools September Rate Hike Talk

Stocks rose around the world on Thursday, following the biggest gains on Wall Street in four years, after a U.S. Federal Reserve policymaker said the case for an interest rate increase next month "seems less compelling" than it was a few weeks ago. Increased appetite for risk also lifted crude oil prices further from last week's lows. The price of ...

Tags: Stocks Fly After Fed Official Cools September Rate Hike Talk,  European Central Bank Latest News

10 HOURS AGO - Zero Hedge

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Aggressive Chinese Intervention Prevents Another Rout, Sends Stocks Soaring 5% In Last Trading Hour; US Futures Jump

After a 5 day tumbling streak, which saw Chinese stock plunge well over 20% and 17% in just the first three days of this week, overnight the Shanghai Composite was hanging by a thread (and threat) until the last hour of trading. In fact, this is what the SHCOMP looked like until the very end: Up 2.6%, up 1.2%, up ...

Tags: Aggressive Chinese Intervention Prevents Another Rout, Sends Stocks Soaring 5% In Last Trading Hour; US Futures Jump,  European Central Bank Latest News