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Wall Street Ends Week Mixed, Nasdaq Gains

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U.S. stocks ended mixed on Friday with the Dow Jones ending its worst week in almost five years as ongoing credit market woes dragged down the financial sector increasing anxiety over the broader economy. The Nasdaq, despite being down for the week, rose as investors snatched up the biggest names in technology which have recently been left affected. Meanwhile, the Dow Jones industrial average, which rose in earlier trading, fell more than 60 points.
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McDonald's Sales Growth Rise in January

McDonald's Corp , the world's largest fast-food chain, said on Friday that sales in the United States rebounded in January, easing investors fears after a flat December, sending its stock up more than 2 percent.
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Gold Edge Higher on BOE Rate Cut

Gold futures edged higher on Thursday, trading $912 an ounce, on speculation that central banks will mimic the U.S. by cut borrowing rates which boosted the appeal of the precious metal.
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Romney Steps Aside, Endorses McCain

Former Massachusetts governor Mitt Romney ended his campaign for the Republican presidential nomination on Thursday, endorsing rival Sen. John McCain, saying it was in the best interest of his party and the nation to do so.
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Euro slides after Trichet's growth comments

The euro declined to two-week lows versus the dollar on Thursday after European Central Bank President Jean-Claude Trichet said euro zone growth risks are to the downside, signaling lower interest rates this year.
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Fed wrestles with growth and inflation worries

Federal Reserve officials on Wednesday expressed concern about a possible U.S. recession but warned that the central bank cannot let down its guard when it comes to fighting inflation. Right now, we're concerned about growth, Richmond Federal Reserve Bank President Jeffrey Lacker said.
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Google to Fight Baidu for Chinese Internet Market

Google Inc may partner with another Chinese company in an effort to capture the Chinese market after two years of operation in the region with stiff competition from Baidu.com Inc which leads the market and provides free, unlicensed music downloads.
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NASA Might Delay Atlantis Shuttle Launch on Thursday

The launch of Atlantis shuttle to the international space station may be delayed again due to bad weather as a result of the tornadoes and thunderstorms that swept through the US on Tuesday evening and Wednesday morning.
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Stellar Year, but can Apple's iPhone Sustain Growth?

After being on the market for slightly over 200 days, Apple's iPhone managed to take second place in the U.S smartphone market behind Research in Motion's venerable Blackberry, and ahead of Motorola offerings, but some experts contend the growth may shot lived unless the firm's business model changes.
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Yen Rises versus euro, dollar

The yen rose against the dollar and euro on Wednesday after Asian stocks plunged amid worries about the U.S. economy.
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Cellphone recylcing up to 9.4 pct

The good news for the environment is that U.S. consumers who bought new mobile handsets in the fourth quarter of 2007 recycled their old phones at double the rate that they did in the third quarter.
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Gold Drops Sharply, Dollar Gains

Gold futures dropped sharply to end below $900 an ounce Tuesday, the lowest in more than a week, as a surge in the U.S. dollar lowered investment demand for the precious metal. Silver also declined.
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U.S. Stocks Tumble Most in 11 Months

U.S. stocks tumbled the most in almost a year on Tuesday after service industries contracted at the fastest pace since 2001, adding to mounting concern the economy is already in a recession.
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A Super Tuesday showdown in 24 states

Voters in 24 states make their choices in an unpredictable U.S. presidential campaign on Tuesday, with Democrats Barack Obama and Hillary Clinton in a close fight and Republican John McCain aiming for a knockout blow against Mitt Romney.
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Platinum Hit Records, Gold Down

Platinum soared to a record high of $1,800 an ounce for the first time Monday as investors bet that a power shortage in top producing South Africa will tighten global supply for the precious metal. Gold traded 4 percent it record from last week.

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