A brief of global stocks on Tuesday, March 4th(8:03 AM - 05/03/2014)
Global shares kept affected by President Vladimir Putin and mouting tension in Ukraine. The day's gains followed Wall Street's worst day in a month, when investors sold stocks and other risky assets as tensions escalated between Ukraine and Russia. Global stocks rebounded on Tuesday while gold, the Japanese yen and Treasuries prices fell. Crude oil prices, up more than 2 percent on Monday, reversed some of that session's gain in trading on Tuesday.U.S. stocks rallied on Tuesday, with the S&P 500 closing at a record as concerns about a confrontation between Russia and Ukraine eased, and the market recovered more than all of the previous session's hefty losses.
Obama Budget Predicts Strongest U.S. Growth Since 2005: Economy(1:15 PM - 05/03/2014)
The U.S. economy will grow this year at its fastest pace since 2005, helping reduce the annual average unemployment rate for a fourth straight year even as market borrowing costs rise, the Obama administration predicted.
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