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JAN 16, 2014 - San Francisco Chronicle

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World stocks struggle to hold gains

A Federal Reserve survey that showed economic growth remained healthy also bolstered sentiment, as did optimistic comments about the global economy by the World Bank. Corporate earnings reports were mixed — investment bank Goldman Sachs said its profits fell, though not as much as expected, while Citigroup disappointed analyst forecasts. The number of Americans seeking unemployment benefits fell by 2,000 last week, a sign that layoffs are weighing less on the labor market. In energy markets, benchmark crude for February delivery was down 8 cents to $94.09 a barrel in electronic trading on ... Read More

Tags: World stocks struggle to hold gains,  Federal Reserve Latest News