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U.S. markets news

Wall St. slides as Portugal bank worry triggers selloff
NEW YORK (Reuters) - U.S. stocks fell on Thursday after the health of Portugal's top listed bank was questioned, bringing back to markets the specter of a weakened Europe.
Stocks Slide With Portugal Bonds as Treasuries, Gold Gain  Bloomberg
Markets Tumble on Portuguese Bank Woes  Wall Street Journal   Related articles »  
Jobless claims flirt with post-recession lows
The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labor market.
Weekly jobless claims fall to 304000, near seven-year low  Los Angeles Times
US Jobless Claims Fall 11000 to 304000
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Lumber Liquidators shares sink more than 20 percent after cutting 2014 outlook
NEW YORK - Shares of Lumber Liquidators fell nearly 20 percent Thursday, a day after the hardwood floor retailer cut its earnings outlook for the year and said fewer people are coming into its stores than expected.
Lumber Liquidators Holdings (LL) Has Plunged To A New Low After Guidance Cut  NASDAQ
Why Lumber Liquidators Disastrous Quarter is Bad News for Home Depot, Lowe's  Barron's (blog)
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Fed Saw Investors As Too Complacent On Risk As Exit Plan Evolves
Some Federal Reserve policy makers were concerned investors may be getting too complacent and indicated they're on the lookout for excessive risk-taking, minutes of their June meeting show.
Why the Fed announced the end of bond purchases in the minutes  MarketWatch (blog)
Rising bond yields point to rate hikes  Financial Times
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For Retailers, Spring Weather Isn't Enough
Family Dollar Stores Inc. FDO +0.44% Family Dollar Stores Inc. U.S.: NYSE $64.52 +0.28 +0.44% July 10, 2014 10:58 am Volume (Delayed 15m) : 1.24M P/E Ratio 18.95 Market Cap $7.31 Billion Dividend Yield 1.91% Rev.
Family Dollar Shares Slump As Profit Falls  Forbes
Family Dollar sales comparable sales down 1.8% as net sales total $2.7 ...  Drug Store News
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US Mortgage Rates Increase as Job Market Improves
U.S. mortgage rates for 30-year loans rose for the first time in four weeks, increasing borrowing costs as job creation bolsters the housing recovery.
Mortgage Rates Tick Up; Still Lower Than a Year Ago  DailyFinance
Average US 30-year mortgage rate rises to 4.15 pct  Washington Post
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Union Official: Local Coming for Volkswagen Plant
An official with the United Auto Workers, which suffered a stinging defeat in its attempt to unionize Volkswagen's assembly plant in Tennessee earlier this year, said Thursday that it is forming a new local at the plant.
UAW: Union local coming to Tenn. Volkswagen plant  Washington Post
UAW to Open Office at Volkswagen's Chattanooga Plant  Wall Street Journal
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UPDATE 6-Modi budgets for Indian growth, aims to curb deficit
... * Budget vows to keep fiscal deficit for 2014/15 to 4.1 pct of GDP. * Targets 7-8 pct economic growth in 3-4 years. * Aims for deal with states on services tax by December.
Will India budget please the masses?  BBC News
Budget 2014: Solar power industry gets a boost in Budget  Economic Times
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American Apparel reaches deal for $25 million boost from Standard General
American Apparel says it reached a deal for $25 million investment from Standard General to help American Apparel's finances. The money will also help pay American Apparel's loan from investment firm Lion Capital.
Dov Charney goes from CEO to paid consultant in American Apparel truce  Los Angeles Times
Dov Charney gives up fight for American Apparel � for now  L.A. Biz
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TABLE-US May wholesale inventories rise 0.5 pct
July 10 (Reuters) - Commerce Department report of wholesale inventories and sales, seasonally adjusted. (Percent Changes) May April (Prev) May14/13 Inventories Total 0.5 1.0 1.1 7.9 Durable Goods 1.0 0.9 0.9 8.5.
US wholesale inventories climb 0.5% in May  MarketWatch
US Wholesale Inventories Rise, Point To Rebound In Second-Quarter GDP
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