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1st positive week in April for Wall St; euro up too
Strong corporate earnings gave Wall Street its first positive week for April with a gain on Friday, while the euro and oil prices rose as worries about Europe ebbed. Reduced concerns about Spain's debt worries and a surprisingly strong reading on German business sentiment supported government debt prices as investors looked to the outcome of policymakers' meetings this weekend and early next week. However, some wariness over Chinese manufacturing crept into the market late in the session to curtail stocks' gains. On Wall Street, the S&P 500 finished up 0.1 percent, its first higher close in three days. The index rose ... (full story)
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