FTSE up steeply (AFP)
AFP - Investor optimism about a new US president coupled with unexpectedly good company results helped the FTSE100 rise sharply by 4.42 percent on Tuesday.
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Comments Off Stocks up sharply as US presidential vote stirs investor hopes (AFP)
AFP - Wall Street and European stock markets posted sharp gains Tuesday as voting got underway in a historic US presidential election, with investors hoping a new leader will provide a fresh start out of the financial crisis.
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Comments Off Credit markets show signs of thaw, lending lags (Reuters)
Reuters - Global credit markets showed more signs of a thaw on Tuesday and Australia cut interest rates sharply ahead of expected reductions in Europe this week, but the deep freeze in bank lending appeared far from over.
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Comments Off Magna swings to 3Q loss on charges, lower sales (AP)
AP - Canadian auto parts maker Magna International Inc. said Tuesday it swung to a $215 million third-quarter loss, citing a continued decline in North American vehicle production that spread to European markets during the quarter and sent its sales tumbling.
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Comments Off World markets surge as US goes to the polls (AP)
AP - World markets pushed higher Tuesday as America went to the polls and a leading U.S. investment bank told its clients in Europe to buy stocks after the savaging they have taken in the last few weeks.
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