U.S.StocksAdvance,ErasingDecline,LedbyBanks,Retailers
ByMichaelPatterson
Jan.31(Bloomberg)--U.S.stocksrose,sparingtheStandard&Poor\'s500IndexfromitsworstJanuaryever,afterthenation\'slargestbondinsurersaiditexpectstokeepAAAcreditratings.
StocksreboundedfromlossesafterMBIAInc.ChiefExecutiveOfficerGaryDunton\'scommentssparkedarallyinbankshares.HomeDepotInc.,thelargesthomeimprovementchain,...[
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U.S.StocksAdvance,ErasingDecline,LedbyBanks,Retailers
ByMichaelPatterson
Jan.31(Bloomberg)--U.S.stocksrose,sparingtheStandard&Poor\'s500IndexfromitsworstJanuaryever,afterthenation\'slargestbondinsurersaiditexpectstokeepAAAcreditratings.
StocksreboundedfromlossesafterMBIAInc.ChiefExecutiveOfficerGaryDunton\'scommentssparkedarallyinbankshares.HomeDepotInc.,thelargesthomeimprovementchain,...[
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Itshouldclosewithadecentgain,otherwiseitcouldbetheworstJanuaryinmorethan80years.[
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ifthemarketthinkstheworstisover,plussomegoodeconomydataonFriday.Also,theoilpriceactuallygoesdownevenwithtoday\'s0.5%cut.Stilldoesnothurttobecautious.[
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whyinvestorsshouldevenputmoneyintheUSmarket?[
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anotherbig0.75%cut,guesswhatwillhappen?Iamsureyougottheanswer.[
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thegreenback,thecreditofitself,andthatoftheUS.ThereisessentiallyonlyonewordforthesituationofUSnow:doom.[
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