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Suppose that on October 24 you buy 12 March gold futures contracts for $300 per ounce. At Modern Portfolio Managers (MPM) hold a 18 million dollar portfolio of stocks with a beta of 1.35 measured with respect to the S&P 500 index. The current value of the index is 1041 and ... Access Doc
Stocks Turn Positive On Hopes For Greece Reforms
NEW YORK ( TheStreet) -- U.S. stocks turned positive in late trading on Tuesday, with reports saying Greece has proposed a solution to keep the country afloat for July. The S&P 500 gained 0.54%, after turning negative the year at one point during the session, the Dow Jones Industrial Average added 0.48% and the Nasdaq rose 0.06%. Greece Prime Minister Alexis Tsipras, armed with his "no" vote ... Read News
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US Stocks End Higher, Trimming Losses From The Day Before
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