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Market News

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    ABC News
    The US stock market has rebounded from this week's big losses as the bargain hunters moved in, although it was the worst quarter in four years.
    The Dow Jones Index rose 1.5 per cent or 236 points to 16,285.
    It has recouped nearly all of Monday's losses over the past two trading sessions.
    The S&P 500 increased nearly 2 per cent or 36 points to 1,920.
    The Nasdaq put on 103 points to 4,620.
    Stocks in Europe recouped some of this week's losses, although it was their worst quarter since 2011.
    In London the FTSE 100 rose 2.5 per cent or 152 points to 6,062.
    It was boosted by retailer, Sainsbury's. The supermarket chain jumped nearly 14 per cent after raising its profit forecast for the year and making better-than-expected quarterly sales.
    Global commodities trader Glencore, which sparked the global share market rout, rose for the second day in a row.
    In Germany the DAX increased 2.2 per cent or 210 points to 9,660.
    The CAC 40 in Paris put on 2.5 per cent or 112 points to 4,455.
    In futures trade in Australia, the ASX SPI 200 was down five points to 5,002 indicating a flat start when the local market opens.

    The sheep had a bit of a scare as the wolves clean up the bargains
    Amazing what 48 hours does in the scheme of things.



    Nothing to see here - move along TNG holding up well in my view
    Last edited by LocksmithTrader: 01/10/15
 
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