Narendra Modi's Washington test

Narendra Modi's Washington test

If Modi gets the world’s biggest power right, his pursuit of larger global goals...
Small banks or banks for ‘small’ people?

Small banks or banks for ‘small’ people?

Unless appropriate sub-limits are imposed on loans, there is a serious...

US stocks: Wall St lower, Twitter Inc IPO sparkles

Nov 07 2013, 22:22 IST
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Trading begins on the Twitter Inc IPO on the floor of the New York Stock Exchange, in New York, November 7, 2013.  REUTERS Trading begins on the Twitter Inc IPO on the floor of the New York Stock Exchange, in New York, November 7, 2013. REUTERS
SummaryFrenzied buying in Twitter Inc shares dominated Wall Street's attention, as social media stock opened above expectations.

how long the Fed may keep intact its $85 billion a month in bond purchases. The central bank's stimulus measures have been a key component of the 24.1 percent year-to-date gain in the S&P 500, putting the index on pace for its best yearly performance since 2003.

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