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The U.S. government is seeking to stop AT&T’s $39 billion acquisition of T-Mobile, claiming that the deal would “substantially lessen competition” in the wireless industry. View full post on Latest stock market news from Wall Street – CNNMoney.com

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By Jonathan Cheng And Brendan Conway For stock investors, August proved no summer picnic.Major stock indexes had their worst August in a decade. For the Dow Jones Industrial Average, which dropped 4.4%, August was its weakest month since May 2010 and its fourth consecutive month of declines.It would have been much worse, but for a [...]

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It was a brutal August, but at least Wall Street ended modestly higher on its last day as investors on Wednesday digested several economic reports on the labor market and manufacturing. View full post on Latest stock market news from Wall Street – CNNMoney.com

Treasury yields were mixed Wednesday as investors continued to digest minutes from the latest Federal Reserve meeting. View full post on Latest stock market news from Wall Street – CNNMoney.com

By Brendan Conway Stocks advanced, putting the market on track to close out August with a four-session winning streak, though major indexes were off morning highs after the Justice Department said it is challenging AT&T’s proposed takeover of T-Mobile USA. The Dow Jones Industrial Average added 57 points, or 0.5%, to 11617, in midday trading [...]

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By Brendan Conway NEW YORK?U.S. stocks advanced, putting the market on track to close out August with a four-session win streak, as a round of modestly positive economic data and hopes for further stimulus from the Federal Reserve emboldened investors.The Dow Jones Industrial Average added 120 points, or 0.7%, to 11639 in morning trade, edging [...]