US Futures Pare Losses, but Trend Still Down
US: Trading
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*Facebook slumps in premarket after earnings. Facebook Inc shares lost 6.4 percent to $29.23 in premarket trading.
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*Facebook slumps in premarket after earnings. Facebook Inc shares lost 4.6 percent to $29.83 in premarket trading. Qualcomm Inc gained 6.3 percent to $67.55 in premarket trading after the world's leading supplier of chips for cellphones beat analysts' expectations for quarterly profit and revenue and raised its financial targets for 2013..
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*Facebook shares fall after earnings, Qualcomm up. NEW YORK, Jan 31- U.S. stocks edged lower on Thursday as investors took profit after a mixed bag of economic data, while stellar earnings from Qualcomm helped buoy the Nasdaq. Even with the retreat, the S&P 500 is on track to post its best month since October 2011 and its best start to a year since 1997..
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NEW YORK, Jan 30- Qualcomm Inc, the world's leading supplier of chips for cellphones, reported quarterly earnings and revenue that beat Wall Street expectations and raised its financial targets for 2013 due to growing demand for smartphones and high-speed wireless services.
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NEW YORK, Jan 30- Qualcomm Inc beat Wall Street expectations for its fiscal first-quarter earnings and revenue and raised its financial targets for 2013 due to growing demand for smartphones and high-speed wireless services.
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TOKYO, Jan 31- Japan's Nikkei share average is expected to open lower on Thursday with investors likely to book profits after the index rose sharply to end above 11,000 for the first time in 33 months in the previous session.
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*Brent crude hits highest since Oct 16. NEW YORK, Jan 30- Commodities rallied on Wednesday, with oil, corn and soybean prices hitting multi-week highs, propelled by encouraging economic data from Europe, a weak dollar and concerns about tighter supplies of raw materials. Federal Reserve to maintain its monthly $85 billion bond-buying stimulus plan.
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NEW YORK, Jan 30- Qualcomm Inc beat Wall Street expectations for its fiscal first-quarter earnings and revenue and raised its financial targets for 2013 due to growing demand for smartphones and high-speed wireless services.
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Jan 30- Business software maker Citrix Systems Inc reported stronger-than-expected fourth-quarter results, helped by strong growth in the Asia-Pacific region, and forecast current-quarter revenue largely above analyst estimates.
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*Facebook increases revenue 40 pct in fourth quarter. *Amazon rallies after results, Boeing also up. NEW YORK, Jan 30- U.S. stocks fell on Wednesday after the Federal Reserve said in its latest statement that economic growth had stalled but indicated the pullback was likely temporary.
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NEW YORK, Jan 30- Qualcomm Inc beat Wall Street expectations for its fiscal first-quarter earnings and raised its financial targets for 2013 due to growing demand for smartphones and high-speed wireless services.
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NEW YORK, Jan 30- A U.S. economic contraction in the fourth quarter pressured stocks in Europe and the United States on Wednesday even as it bolstered expectations the U.S. central bank will continue its easy monetary policy and kept the euro near a 14- month high.
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NEW YORK, Jan 30- An unexpected contraction in the U.S. economy in the fourth quarter sent stocks in Europe and the United States lower on Wednesday but helped keep the euro close to a 14- month high on expectations the U.S. central bank will continue its easy monetary policy.
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NEW YORK, Jan 30- U.S. stocks edged lower at the open on Wednesday following an unexpected contraction in fourth-quarter economic activity, but losses were curbed by gains in Internet retailer Amazon.com. The Dow Jones industrial average dropped 11.13 points, or 0.08 percent, to 13,943.29.
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NEW YORK, Jan 30- U.S. stock index futures extended losses after data showed the economy unexpectedly contracted in the fourth quarter, declining by 0.1 percent against expectations of a 1.1 percent increase.
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*Earnings worries hit Saipem, Imperial Tobacco, Antofagasta. LONDON, Jan 30- European shares fell from two-year highs on Wednesday, dragged lower by concerns over earnings in the tobacco and oil services sectors, including a profit warning from Italy's Saipem.
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*Dry weather in Argentina, rain in Brazil among concerns. HAMBURG/ SINGAPORE, Jan 30- U.S. soybean futures rose for a fourth straight session on Wednesday with prices underpinned by drought fears in top exporter Argentina and concerns that rain will delay Brazil's crop.
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NEW YORK, Jan 29- Oil and copper prices rose for a second straight day on Tuesday as strong U.S. housing market data bolstered confidence that economic growth and fuel demand were accelerating. On the agricultural side, corn and soybean futures inched higher as dry weather threatened to reduce production in major exporter Argentina.
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NEW YORK, Jan 29- U.S. stocks advanced on Tuesday, led by defensive sectors, in a sign the cash piles recently moving into the market are being put to use by cautious investors to pick up more gains. The Dow Jones industrial average gained 72.87 points, or 0.52 percent, to 13,954.80. The Nasdaq Composite Index dropped 0.64 points, or 0.02 percent, to 3,153.66.
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NEW YORK, Jan 29- U.S. crude oil rose more than 1 percent o n T uesday, exceeding gains in Brent crude, after strong U.S. housing market data bolstered confidence that economic growth and fuel demand were accelerating.