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Friday Papers: EU agrees on tougher budget rules and policy coordination -- other news
BP chief Tony Hayward told by angry US Congressional panel his firm ignored dangers when drilling in the Gulf of Mexico.
Markets
* Dow improves 25 points, or 0.24%, to 10,434, S&P 500 gains 0.13% and Nasdaq hardens 0.05%
* Philadelphia Fed factory activity index plunges in June to 8.0 from May's 21.4
* US leading economic index rose 0.4% to a record 109.9 in May
* US May consumer prices post biggest drop in 1-1/2 years
* US jobless claims unexpectedly higher last week
* US first-quarter current account gap widens to $109.01 billion
* UK government cancels or suspends £11.5 billion projects
* UK retail sales rose more quickly than expected last month as grocers saw a pick up in sales
* UK car production moved up a gear last month
* Grim outlook for retail landlords as shop rents stagnate
* EU agrees on tougher budget rules and policy coordination
* EU to publish bank stress results in July
Tools from Citywire Money
Today's articles
- Market Blog: Bargain hunters maintain upper hand on FTSE
- Asset allocation: where bonds fit in to the big picture
- The Expert View: Mothercare, Burberry and Moss Bros
- Friday Papers: Insults fly over troubled HP buyout
- Overnight Markets: US stocks gain as Europe offsets China concern
- Citywire Top Stocks Daily News Digest
- Market Blog: bargain hunters drive FTSE to strong finish
- Why ‘free’ banking is a dangerous myth
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