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US markets end with modest gain

Published on Fri, Apr 11, 2008 at 09:43 , Updated at Fri, Apr 11, 2008 at 12:22
Source : CNBC-Tv18

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CNBC's Rebecca Jarvis - A slight pullback in oil prices helping fuel a modest rally on the Wall Street, the Dow adding 55 points, Nasdaq finishing up with 30 and the S&P gaining up 6 points. Despite some dismal news from retailers in early Easter, bad weather even a weak consumer all adding up to the weakest monthly retail figures in 13 years. Wall Mart, Kohl’s and Gap reported weaker than expected sales for the month of March.

The CEO for Goldman Sachs saying that Wall Street is close to the end of the credit crisis, the world’s biggest finance companies have lost almost USD 250 billion since credit related problems first surfaced last year.

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All that money you`ve lost — where did it go?

continued.... Jorgenson says no — the amount of wealth in the world "simply decreases in a situation like this."...

in Other Market Topics - my_money at 13-Oct-08 08:47

All that money you`ve lost — where did it go?

Trillions in stock market value — gone. Trillions in retirement savings — gone. A huge chunk of the money you paid ...

in Other Market Topics - my_money at 13-Oct-08 08:46

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