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World Market Overview for May 25

Overnight price action saw European equities begin their session on a positive footing, but have since pared these gains and are now in the red as investor sentiment waffles.
Traders on the floor of NYSE

Stocks Post Late-Session Recovery: Daily Markets Wrap

U.S. stocks cut losses late in Wednesday's trading session, with two key indexes barely squeaking into positive territory on the strength of surging commodities prices and the shares of companies that produce them.
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Traders work on the floor of the New York Stock Exchange

US Futures Flat Thursday

Futures on major U.S. indices point to a flat opening on Thursday ahead of economic data including weekly jobless claims
Traders

Europe Uneasiness Endures, China Frees Up Cash: Daily Markets Wrap

Political discord in Greece, voters punishing German Chancellor Angela Merkel's Christian Democrats, lower euro zone manufacturing output and China freeing up cash for lending all contributed to a global stocks slide as investors pursued the safe havens of government debt and the dollar.
Afton-Ajax Copper and Gold Mine

Global Mining Headed for a Slowdown: Citi

Analysts at Citigroup are slashing their estimates regarding just how much mining companies globally will spend this year, suggesting the industry is headed for a substantial slowdown, the Financial Times is reporting.
China market

After Bull Run, Investors Seek Shelter: Daily Markets Wrap

A disappointing ADP Employer Services jobs report issued Wednesday, which showed a still-sluggish U.S. job market, drove U.S. and European markets down and signaled that a key report on employment at the end of the week could be grim.

Stock Futures Down Before ADP Jobs Data

Futures on major U.S. indices point to a lower opening on Wednesday as investors awaited data on the U.S. private sector jobs market from payroll processing firm ADP.
Rupert Murdoch

Murdoch Unfit To Run Company: U.K. Lawmakers

Rupert Murdoch is unfit to run a major international company, British lawmakers said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.

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