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  • #16
    Tech selloff spreads to Europe and Asia, politics lifts euro

    Technology stocks fell across Europe and Asia on Monday after the worst day for Apple shares in more than a year, while the euro and its bonds rallied after a bumper weekend for pro-EU and pro-business politics in France and Italy.

    It was a groggy start to the week for shares as the hangover of Apple's near 4-percent dunking on Friday hit Asian rivals including Samsung (005930.KS) and Europe's big chipmakers STMicro (STM.PA) and Dialog (DLGS.DE). [.EU].



    More: http://www.reuters.com/article/us-gl...-idUSKBN19300X

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    • #17
      Wall St. set to open higher as beaten down tech stocks rebound


      U.S. stocks looked set to open higher on Monday as investors snapped up beaten down technology and retail stocks.

      The S&P technology sector .SPLRCT is coming off its second straight weekly decline, triggered by fears over stretched valuations and investors moving money to other sectors. Tech stocks have led the S&P 500's 8.7 percent rally this year.



      More: http://www.reuters.com/article/us-us...-idUSKBN19A1FE




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      • #18
        The man leading Saudi Arabia's overhaul just got more powerful



        King Salman on Wednesday published a decree promoting his son, Prince Mohammed bin Salman, to crown prince in place of Prince Mohammed bin Nayaf. It's the second unexpected shakeup in the leadership of the world's top oil exporter and the Middle East's biggest economy since 2015, and comes as the Royal family tries to bring about a radical transformation of the kingdom.

        Saudi Arabia sits on 22% of the world's proven petroleum reserves. It's the biggest member of the OPEC group of oil exporters, and has played a leading role in attempts to restrain supply to boost prices.



        More: http://money.cnn.com/2017/06/21/news...d=hp-stack-dom

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        • #19
          European stock markets stumble as oil languishes near lows


          European stocks fell for a third straight day on Thursday, as oil prices kept within sight of the seven-month lows reached overnight on worries about a supply glut and falling demand.

          Britain's FTSE 100 .FTSE and France's CAC 40 .FCHI slipped 0.4 percent each. Germany's benchmark stock index DAX .GDAXI pared earlier losses but remained in negative territory.


          Trading in U.S. stock futures suggested Wall Street shares would open flat to a touch weaker ESc1 1YMc1.



          More: http://www.reuters.com/article/us-gl...KBN19D02G?il=0

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