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FT.com - Strong interim results at Lloyds TSB and relief that GlaxoSmithKline was cleared to keep a key drug on sale in US markets helped London traders throw off the bears on Tuesday.
If you have big gains from the past few years, now's not a bad time to sell. But if you don't own any of these gems, it's not a bad time to buy, either.

A pair of Rolls Royce cars are parked in front of the New York Stock Exchange, on Monday, July 30, 2007 to mark the listing of the Claymore Robb Report Global luxury Index. Stock futures lifted Monday, as Wall Street, still jittery about a possible credit crunch putting a crimp in U.S. growth, looked to recover some of its recent losses. (AP Photo/Mark Lennihan)AP - Wall Street resumed its downward skid Tuesday, falling sharply as renewed concerns about soured home loans blew away what had looked like a solid recovery rally. The Dow Jones industrials lost nearly 150 points, while investors seeking safety moved into bonds.


Investor's Business Daily - She has a trust fund, TV show, an album, a perfume and a line of handbags. If Paris Hilton could brand a stock index, it would be something like Claymore/Robb Report Global Luxury Index .
Investor's Business Daily - Investors pulled $3.03 billion from U.S. stock funds in June as the major market indexes bounced around new or multiyear highs.
FT.com - Next shares rallied on Monday following a difficult few months for the high street retailer.
The blue-chip index gains 93 points after last week's pounding. Financial, semiconductor and networking stocks provide market strength. Will News Corp. walk away from Dow Jones? A $3.2-billion bid for Wendy's looks likely.

Traders work on the floor at the New York Stock Exchange July 26, 2007. Stock index futures erased gains and turned negative on Monday, echoing the nervousness about the global credit environment that sent Wall Street to its biggest drop in five years last week. (Brendan McDermid/Reuters)Reuters - Stocks rebounded on Monday after a global equity sell-off last week, as optimism about earnings resurfaced and concern about credit conditions eased.


FT.com - Wall Street stocks were trading modestly firmer at midmorning on Monday, and while solid earnings from several companies had boosted sentiment, investors were scrutinising weakness in the credit market.
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