Close Update: US Stocks Higher as Financials Gain on Rate Hike Speculation

Close Update: US Stocks Higher as Financials Gain on Rate Hike Speculation

Stocks in the US ended Monday's session higher, with the 10 S&P 500 sectors gaining and all but three of the blue chips on the Dow Jones Industrial Average strengthening as the index posted a triple-digit rise.
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Saudi Arabia's Attempts to Boost Bank Liquidity Aren't Working

29, its highest since January 2009, according to data compiled by Bloomberg. The Saudi Arabian Monetary Agency increased the limit that banks can
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Central Bankers Get Tired of Gold as Lower Exports Cut Cash

China previously bought more when prices dipped, said Eily Ong, a Bloomberg Intelligence analyst in London. “The number of central banks that are
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Prime Therapeutics, Walgreens to form pharmacy alliance

Eagan-based Prime Therapeutics has formed a strategic alliance with drugstore giant Walgreens that would combine the companies' specialty and mail-order pharmacy businesses.
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PRECIOUS-Gold slips on firmer dollar; seen range-bound

… * Technicals see spot gold hitting $1,308 * Series of U.S. data in focus (Adds comments, updates prices) By Sethuraman N R Aug 30 Gold seesawed within a narrow range on Tuesday on the back of a steady dollar, as investors waited for cues on the …
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