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World Markets Indexes

  • Dec 7- Wall Street surged on Wednesday, with the S&P 500 and Dow hitting fresh record intraday highs, as equities continued their march upward after the presidential election of Donald Trump, even as his comments on prescription drug pricing wounded the healthcare sector. The Dow Jones Transport Average, closely watched as a barometer of the broader market, hit a...

  • Dec 7- The S&P 500 and the Dow hit record intraday highs on Wednesday, helped by gains in technology stocks, but President-elect Donald Trump's comment on drug pricing slammed the healthcare sector. Trump, in an interview with the Time magazine, said he would bring down drug prices. Pfizer's shares fell 2.5 percent to $30.78 after Britain's competition watchdog...

  • NEW YORK, Dec 7- President-elect Donald Trump on Wednesday took aim at drugmakers, promising in a magazine interview that "I'm going to bring down drug prices," and shares of U.S. pharmaceutical and biotechnology companies fell. In a cover story for Time magazine, which named him its Person of the Year, Trump said that "I don't like what has happened with drug prices."

  • Dec 7- The S&P 500 and the Dow hit record intraday highs on Wednesday, helped by gains in bank stocks, but President-elect Donald Trump's comments on drug prices slammed the healthcare sector, pulling down the Nasdaq. Trump, in an interview with the Time magazine, said he would bring down drug prices. Pfizer's shares fell 2.7 percent to $30.70 after Britain's...

  • *Banks lead European shares higher, Wall St seen lower. *Oil dips on doubts over impact of OPEC deal. NEW YORK, Dec 7- Wall Street's rise was held back by health stocks on Wednesday while European stocks rose on reports Italy would step in to rescue troubled bank Monte dei Paschi and on expectations the European Central Bank would extend its bond-buying.

  • NEW YORK, Dec 7- Shares of U.S. pharmaceutical and biotechnology companies tumbled on Wednesday after President-elect Donald Trump said he would "bring down drug prices." In a cover article for Time magazine, which named Trump as Person of the Year, he said "I don't like what has happened with drug prices. Investors were relieved that Trump's rival, Democrat Hillary...

  • NEW YORK, Dec 7- Shares of U.S. drug makers fell on Wednesday after President-elect Donald Trump said he would "bring down drug prices."

  • *Pfizer falls after $107 mln fine slapped by UK regulator. Dec 7- Wall Street was little changed on Wednesday as investors assessed whether a post-election rally, which powered the major indexes to a series of record highs in the past month, had more room to run. "When we have run up so high, it's common that there is some sensitivity in the market, maybe due to softer oil...

  • TORONTO, Dec 7- Canada's main stock index touched a fresh 18- month high in early trade on Wednesday as banking and materials stocks pushed higher ahead of a Bank of Canada rate decision. A Bank of Canada rate decision due at 10:00 a.m EDT. At 9:45 a.m. EDT, the Toronto Stock Exchange's S&P/TSX composite index was up 40.78 points, or 0.27 percent, to 15,166.58, its...

  • *S&P 500 index to reach 2,350 by end-2017. NEW YORK, Dec 7- The U.S. stock market's bull run since 2009 will extend into 2017 if President-elect Donald Trump's plans to stimulate the economy with infrastructure spending and financial deregulation come to pass, according to strategists in a Reuters poll. Wall Street has rallied and hit record highs since...

  • TORONTO, Dec 7- Canada's main stock index rose on Wednesday as higher gold prices supported mining shares, offsetting losses for the energy group as oil lost ground. The Toronto Stock Exchange's S&P/TSX composite index was up 18.87 points, or 0.12 percent, at 15,144.67, shortly after the open. Seven of the index's 10 main groups were higher.

  • *France, German elections seen as major risks. However, after a tumultuous year featuring shock results in both Britain's referendum on European Union membership and the U.S. presidential election, neither index is expected to fulfill earlier predictions for gains in 2016, nor are they seen regaining 2015' s all-time highs next year. Political uncertainty...

  • BENGALURU/ LONDON, Dec 7- Global stock markets will rise further in 2017, hundreds of upbeat strategists say in a Reuters poll released on Wednesday, braving a long list of political uncertainties just as the fuel behind the historic post-financial crisis rally runs dry. The most striking shift since the last Reuters global survey- in October- is how quickly many...

  • Dec 7- Wall Street looked set to open little changed on Wednesday, as investors assessed whether a post-election rally, which has powered the major indexes to a series of record highs in the past month, had more room to run. "When we have run up so high, it's common that there is some sensitivity in the market, maybe due to softer oil prices or just the technical aspects of...

  • BRASILIA/ MEXICO CITY, Dec 7- Brazilian shares will probably extend their rise to approach all-time highs in 2017, outperforming Mexican stocks, as inflation and interest rates fall, a Reuters poll showed. The median forecast of 13 strategists in the poll taken between Nov. 28 and Dec. 6 showed Brazil's benchmark Bovespa stock index gaining 18 percent to 72,000 by...

  • Dec 7- U.S. stock index futures rose for the third straight day, as investors continued to bet on a post-election rally that has powered major Wall Street indexes to a series of record highs. *President-elect Donald Trump's proposals to boost infrastructure spending and simplify regulations have boosted financials and industrial stocks since the election on...

  • LONDON, Dec 7- European shares climbed on Wednesday, with the regional banking index hitting an 11- month peak after Credit Suisse announced further costs cuts and Italian banks surged towards their best two-day run since 2012.. Italian banks rose 2.5 percent, with Reuters exclusively reporting Italy was preparing to take a 2 billion euros controlling stake...

  • LONDON, Dec 7- The Turkish lira firmed 0.7 percent to one-week highs on Wednesday, lifted by authorities' steps to stem the currency's weakness while emerging stocks rose for the third straight day on the back of a stable dollar. "There seems to be a bit of turnaround since yesterday in the lira and one aspect is some of the measures such as selling foreign currencies,"...

  • *Oil dips on doubts over impact of OPEC deal. LONDON, Dec 7- European shares followed Asian stocks higher on Wednesday, buoyed by reports Italy would step in to rescue troubled bank Monte dei Paschi and expectations the European Central Bank would extend its bond-buying stimulus scheme this week. The pan-European STOXX 600 index rose 0.8 percent, led by banks, and...

  • LONDON, Dec 7- European shares rose on Wednesday with the regional banking index hitting an 11- month peak after Credit Suisse announced further costs cuts and Italian banks poised for their best two-day run since 2012.. Italian banks rose 2.2 percent, with Reuters exclusively reporting Italy was preparing to take a 2 billion euros controlling stake in Monte...