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Stocks end higher on strong jobs report
Egypt stocks rally as army ousts president
The
U.S. economy adds 195,000 jobs in June, more than expected. The report
suggests the Federal Reserve could begin to scale back its stimulus
policies in September.
Egypt's main stock market index surged by over 7% after the former president was ousted by the military.
Oil prices at 2013 high above $103 a barrel
Egyptian coup inflames anxiety over oil supply, driving prices.
Samsung earnings fail to impress
South Korea-based Samsung said it would report operating profit of $8.1 billion to $8.5 billion for the three months ended June.
EU central banks talk dovish
ECB, Bank of England break new ground to signal low rates here to stay.
Chipping away at Swiss bank secrecy
Switzerland
issued new guidelines this week to its banks that should make it easier
for the U.S. to catch American tax evaders who are hiding money in
offshore accounts.
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Friday 5 July 2013
CNNMoney: Market Wrap Newsletter for Friday, 07/05/2013
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