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  • NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes rising for a fifth straight week after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The Dow Jones industrial average rose 88.81 points, or 0.5 percent, to 17,807.81, the S&P 500 gained 10.59...

  • *GameStop slumps after results; Ross, Autodesk advance. NEW YORK, Nov 21- U.S. stocks rose on Friday, putting major indexes on track for a fifth straight weekly advance, after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. About two-thirds of NYSE stocks traded higher,...

  • Wall St Week Ahead-Giving thanks for big stock gains Friday, 21 Nov 2014 | 1:29 PM ET

    NEW YORK, Nov 21- U.S. stock investors head into the Thanksgiving holiday thankful for the market's recent strength, which puts major indexes on track for another year of double-digit gains, though the swiftness of the advance has raised eyebrows. Citigroup on Thursday wrote that the market was "on the edge of euphoria... causing us to be more cautious," while Goldman...

  • US STOCKS-Wall St rallies on China, ECB stimuli Friday, 21 Nov 2014 | 10:45 AM ET

    NEW YORK, Nov 21- U.S. stocks rallied on Friday, setting up a fifth consecutive week of gains on Wall Street, after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The move higher was broad with nine of the top S&P 500 sectors higher and more than six NYSE stocks rising for...

  • US stocks rise early after rate cut from China Friday, 21 Nov 2014 | 9:40 AM ET

    U.S. stocks rose sharply in early trading after a surprise interest rate cut in China and a hint of further stimulus for Europe from the head of that region's central bank. The Standard& Poor's 500 index rose nine points, or 0.5 percent, to 2,062 as of 9:31 a.m. Eastern time Friday. The price of oil rose 73 cents to $76.58 a barrel in New York.

  • PARIS, Nov 21- European stocks rallied on Friday, with a benchmark regional index hitting a two-month high, propelled by dovish comments from European Central Bank President Mario Draghi and a surprise interest rate cut from China's central bank. Regional mining shares, highly sensitive to China's economic growth, featured among the top gainers, with Rio Tinto...

  • NEW YORK, Nov 21- Wall Street opened higher on Friday, setting major stock indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy.

  • NEW YORK, Nov 21- Wall Street was poised to open higher on Friday, setting major stock indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy. China's move came after European Central Bank head Mario Draghi said "excessively low" inflation had to be raised...

  • NEW YORK, Nov 21- U.S. stock index futures rose on Friday, setting major indexes up for a fifth week of gains, after China's central bank cut its benchmark interest rate for the first time in more than two years to boost its cooling economy. *The People's Bank of China said it was cutting one-year benchmark lending rates by 40 basis points to 5.6 percent.

  • European shares extend rally after China rate cut Friday, 21 Nov 2014 | 6:48 AM ET

    PARIS, Nov 21- European stocks extended an early rally on Friday morning, led by mining shares after China's central bank cut its benchmark interest rate for the first time in more than two years in an attempt to lift its cooling economy. European mining shares, strongly affected by China's economic growth, featured among the top gainers, with Rio Tinto up 3.9...

  • *FTSEurofirst 300 up 0.8 pct, Euro STOXX 50 up 1.1 pct. *Euro STOXX 50, DAX, CAC eye first weekly gain of the month. Speculation about more stimulus from the ECB, pinned on comments by Draghi earlier this week, has boosted Germany's DAX, France's CAC and Euro STOXX 50 this week, setting up the three indexes for their first weekly gain this month.

  • LONDON, Nov 21- Euro zone indexes were set for their first weekly gain this month as they rose early on Friday, with traders awaiting speeches from European Central Bank policymakers for clues as to whether more stimulus may be under way. French conglomerate Bouygues was the top riser among large European stocks, up 3.3 percent, after the chief executive of Altice...

  • SHANGHAI, Nov 21- Hong Kong shares snapped a four-day losing streak on Friday as profit-taking pressure eased, but ended lower on the week despite the highly-touted launch of a landmark link between the Hong Kong and Shanghai exchanges. The Hang Seng Index unofficially closed up 0.4 percent at 23,437.12 points. Mainland China investors' interest in Hong Kong...

  • SHANGHAI, Nov 21- China stocks rallied on Friday as profit-taking pressure faded, letting them eke out gains for the week in which the highly-touted landmark link between the Hong Kong and Shanghai exchanges was launched. The CSI300 index of the largest listed companies in Shanghai and Shenzhen climbed 1.8 percent. CITIC Securities Co Ltd rose 6.7 percent and...

  • TOKYO, Nov 21- Japanese stocks edged up on Friday after Prime Minister Shinzo Abe dissolved parliament's lower house in preparation for an election in which he will seek a fresh mandate for his struggling economic revival strategy. The Nikkei average recouped early losses to end 0.3 percent higher at 17,357.51 points. For the week, it fell 0.8 percent, the first...

  • MSCI's broadest index of Asia-Pacific shares outside Japan was up about 0.2 percent, though on track for a weekly loss of over 1 percent. Japan's Nikkei stock average bucked the regional trend, dropping 0.8 percent as the yen jumped after Finance Minister Taro Aso warned that its recent weakening was "too rapid." Aso stuck to Japan's stance of allowing the market...

  • TOKYO, Nov 21- Asian shares took solace from data showing broad U.S. economic strength even as signs of spreading weakness in China and Europe checked risk appetite, while the yen nursed its losses after sliding to multiyear lows against the dollar and euro overnight. MSCI's broadest index of Asia-Pacific shares outside Japan was up slightly in early trade.

  • How the Dow Jones industrials did on Thursday Thursday, 20 Nov 2014 | 5:14 PM ET

    U.S. stocks recovered from an early slide to close modestly higher on Thursday, sending the Dow Jones industrial average and Standard& Poor's 500 index to new highs. The Dow has now eked out two record-high closes this week, while the S&P 500 has notched three. Investors were encouraged by good news on housing, the job market and corporate earnings.

  • GLOBAL MARKETS-Wall St rises, yen hits 7-year low Thursday, 20 Nov 2014 | 4:44 PM ET

    *Treasuries' price gains dulled by Alibaba bond deal. NEW YORK, Nov 20- World stock markets slipped on Thursday on signs the Chinese and European economies were cooling, while Japan's yen slid to seven-year lows against the dollar amid expectations of more Japanese stimulus. The China flash HSBC/ Markit manufacturing purchasing managers' index showed factory...

  • *Intel shares up after upbeat outlook. NEW YORK, Nov 20- The Dow and S&P 500 finished at record highs on Thursday as data showed further strength in the U.S. economy and Intel gave an upbeat forecast. Boosting all three major indexes, Intel shares jumped 4.7 percent to $35.95, hitting their highest level since January 2002, after its 2015 revenue outlook was above Wall...