Profit

Federal Reserve leaves rates unchanged; Earnings weigh on Dow

PUBLISHED ON: April 26, 2012 | Duration: 21 min, 03 sec

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Results from heavyweights on the Dow are weak, Pepsi's sales slip while Exxon Mobil's profit misses market estimates. The labour market could be struggling again as the number of Americans lining up for jobless benefits falls marginally last week while the four-week average showed an upward trend, touching the highest level in the last four months. The Federal Reserve leaves the rates and its stance unchanged.
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