Arc Bike News

January 30, 2011

History suggests time is right to buy Dow stocks (AP)

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AP – Are you too late to the rally?

Focus on Egypt, earnings, jobs (Reuters)

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A protester holds an Egyptian flag at a rally against Egypt's President Hosni Mubarak outside the Federal Building in Westwood, California January 29, 2011. REUTERS/Eric ThayerReuters – U.S. stocks may struggle to return to firmer footing this week if anti-government riots in Egypt destabilize the Middle East, keeping investors on edge.

CA-CANADA Summary (Reuters)

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Reuters – Rising energy and materials shares, spurred by surging oil and gold prices, kept Toronto’s main stock index in positive territory on Friday, fending off a selloff in other areas in the wake of unrest in Egypt. The gain stood in contrast to stocks in the United States and emerging markets, which investors sold in reaction to street battles between protesters and Egyptian security forces.

Gulf stock markets shaken by Egypt unrest (AFP)

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An Egyptian trader works on her computer at the Cairo Stock exchange, 2006. Stock markets in several Gulf countries, where many leading firms have interests in Egypt, dropped on mounting concerns over developments in the world's most populous Arab nation.(AFP/File/Khaled Desouki)AFP – Stock markets in several Gulf countries, where many leading firms have interests in Egypt, dropped Sunday on mounting concerns over developments in the world’s most populous Arab nation.

Egypt turmoil rattles Middle East stock markets (AP)

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People stand outside a closed currency exchange office in Cairo, Sunday, Jan. 30, 2011. The Arab world's most populous nation appeared to be swiftly moving closer to a point at which it either dissolves into widespread chaos or the military expands its presence and control of the streets. (AP Photo/Lefteris Pitarakis)AP – Investors nervous about instability gripping Egypt drove Middle Eastern stocks down sharply Sunday as markets reopened following a weekend of violent protests.

Gulf stock markets down on Egypt concerns (AFP)

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File picture shows a general view of the stock exchange in Dubai. Several Gulf stock markets dropped Sunday on apparent concerns over developments in Egypt, with the Dubai market leading the plunge with a slide of more than six percent.(AFP/File)AFP – Several Gulf stock markets dropped Sunday on apparent concerns over developments in Egypt, with the Dubai market leading the plunge with a slide of more than six percent.

Saudi bourse plunges 6.43% on Egypt tensions (AFP)

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Saudi men pray as a trader is seen working at a Bank in the Saudi capital Riyadh. The Saudi stock market, the largest Arab bourse, plunged 6.43 percent to 6,267.22 points on Saturday as tensions soared in Egypt, where deadly anti-government protests continued for a fifth day.(AFP/File/Hassan Ammar)AFP – The Saudi stock market, the largest Arab bourse, plunged 6.43 percent to 6,267.22 points on Saturday as tensions soared in Egypt, where deadly anti-government protests continued for a fifth day.

January 29, 2011

Focus will be on Egypt, earnings, jobs data (Reuters)

Filed under: As we will — admin @ 9:00 am

Reuters – U.S. stocks may struggle to return to firmer footing next week if anti-government riots in Egypt destabilize the Middle East, keeping investors on edge.

Egypt riots knock Wall St to biggest drop in 6 months (Reuters)

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A trader works on the floor of the New York Stock Exchange January 26, 2011. REUTERS/Brendan McDermidReuters – Stocks suffered their biggest one-day loss in nearly six months on Friday as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.

World markets sink as protests escalate in Egypt (AP)

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Trader David O'Day talks on his mobile phone as he works on the floor of the New York Stock Exchange Friday, Jan. 28, 2011. (AP Photo/Richard Drew)AP – Escalating protests in Egypt jarred world financial markets on Friday. Stocks fell while the dollar, Treasurys and gold rose as investors sought to reduce their exposure to risk.

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