U.S. trade imbalance grows to $46 billion

Article Abstract:

The Unites States posted a record trade deficit in March 2004, reflecting Americans' voracious demand for foreign-made goods as well as the most expensive crude oil since 1983. The $46 billion deficit reported by the Commerce Department represented a hefty 9.1 percent increase from FebruaryEs 2004 imbalance and came despite the fact that U.S. exports increased in March 2004.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Petroleum & Energy Products, Balance of trade

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Profit picture sends stocks up 116 points

Article Abstract:

A round of strong outlooks fueled anticipation over the first-quarter earnings reports of 2004, sending stocks markedly higher on 29 March 2004. Mutual-fund managers trying to boost their portfolio returns for the first quarter of 2004 are more aggressive in trading.

Sales & consumption, Management investment, open-end, Mutual fund industry, Stock markets, Stock market, Industry sales and revenue

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