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ExxonMobil reports the biggest quarterly profit by any company, but Wall Street is unimpressed. Economic growth in the second quarter is less than expected. Boeing falls on strike worries. The Dow's small gain in July is a big improvement over June.

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A Toronto Stock Exchange (TSX) logo is seen in Toronto November 9, 2007. REUTERS/Mark BlinchReuters - The Toronto Stock Exchange's main index regained early losses to move slightly higher on Thursday morning, pulled up by stronger financials and merger news in the gold mining sector.


A trader shows the GCDS index curve at a bank in Paris, January 2008. Europe's main stock markets slipped into the red as investors tracked a flurry of company earnings reports, and set aside overnight gains on Wall Street(AFP/File/Jean Ayissi)AFP - Europe's main stock markets slipped into the red on Thursday as investors tracked a flurry of company earnings reports, and set aside overnight gains on Wall Street, dealers said.


Trading specialists work on the floor at the New York Stock Exchange, July 16, 2008. (Chip East/Reuters)Reuters - Stocks fell on Thursday, led by Exxon Mobil after its earnings fell short of Wall Street's expectations and as disappointing economic data revived fears of a U.S. recession.


Traders work on the floor of the Hong Kong Stock Exchange July 16, 2008. (Victor Fraile/Reuters)Reuters - Global stocks ticked higher on Thursday in the afterglow of a concerted central bank move to boost liquidity but a rebound in oil and disappointing results from some major companies capped gains.


A year into the debt debacle, radical change looms as the US government ponders drastic measures to revive the financial system. Will they work? Who knows?

Trading specialists work on the floor at the New York Stock Exchange, July 16, 2008. (Chip East/Reuters)AP - Wall Street sank Thursday, after weak readings on economic growth and the job market touched off renewed concerns about the financial health of businesses and consumers. The Dow Jones industrial average fell more than 200 points.


Energy stocks power the market higher as crude nears $127 on a surprising decline in gas supplies. Starbucks and Visa earnings cheer Wall Street. Disney's outlook is a concern. Indications are that Friday's jobs report will be bullish.
Investor's Business Daily - Investors turned tail on their stock funds in June as the market sold off, yanking $4.8 billion from their accounts, according to the Investment Company Institute.
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