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Wall Street rises on earnings and employment data

FXstreet.com (San Francisco) - The US stocks market closed higher on Thursday as investors's confidence was buoyed by a bath of good corporate earnings reports and better than expected Jobless claims data. However, equities declined in the final hour on news that the Bundesbank doesn't back the OMT programme in Europe.

The Dow Jones advanced 0.17% or 24.50 points to close at 14,700.80. The S&P 500 added 6.37 points or 0.40% on the day to end at 1,585.16. And the Nasdaq Composite won 20.34 points or 0.62% to 3,289.99.

Budesbank rejects OMT at German constitutional court

In a secret document sent to the German constitutional court, ECB Weidmann has rejected the purchases of government bonds via OMT, according to news published by the German Newspaper Handelsblatt.
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Session Recap: GBP rises on UK GDP; USD declines on Jobless

The Sterling was the winner of the day as the pound rose against its major competitors on the back of the better than expected GDP data in UK. The GBP/USD advanced to trade above the 1.5400, the GBP/JPY tested 2-week highs at 153.75 and the EUR/GBP declined to 0.8400.
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