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Update news U.S. stocks
U.S. stocks dropped on Tuesday as investors fretted about Britain's exit from the European Union and the prospect of a Federal Reserve interest rate hike in coming months.
Several big-name hedge fund investors soured on U.S. stocks in the second quarter and moved to gold and other bearish bets, failing to anticipate the stock market rally in the current quarter.
Sharp losses in Chinese stocks pulled Asian equities further away from two-month highs on Wednesday as weak trade figures from the world's second-biggest economy and wobbly oil prices revived concerns about global growth.
U.S. stocks rallied on Tuesday, with the Dow Jones Industrial Average and the S&P 500 closing at record highs, boosted by increasing expectations that the Federal Reserve would delay the tapering of its quantitative easing after downbeat data.
U.S. stocks finished mixed Thursday, with the Standard & Poor's 500-stock Index ending at its all-time high, after a last-minute deal was struck to reopen the U. S. government and raise the debt ceiling.
U.S. stocks reversed earlier losses to trade into green territory on Monday despite disappointing economic data and McDonald's earnings report.
U.S. stocks soared on Thursday, lifting the Dow Jones Industrial Average and the S&P 500 to their all-time closing highs, boosted by Federal Reserve Chaiman Ben Bernanke's recent dovish speech which eased fears of an early stimulus pullback.
U.S. stocks surged on Tuesday, sending the Dow Jones Industrial Average to a new all-time closing high and intra-day high, as investors became more confident in the stock market.
U.S. stocks rebounded to close higher Tuesday, as the White House welcomed a temporary extension to the debt ceiling, with both Dow Jones Industrial Average and Standard & Poor's 500-stock Index hitting more than five-year highs.