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Dollar, stocks look set for biggest weekly gains in months

The dollar headed for its biggest weekly rise since May on Friday as economic data reinforced expectations of a U.S. interest rate hike this year. Sterling hit its highest against the euro in more than 7-1/2 years after Carney said the decision to raise rates will come into “sharper focus” around the end of 2015, his strongest hint yet about the timing of the bank’s next move.

GE gives rosier 2015 outlook as industrial profits rise

Investors are focused even more greatly on the U.S. conglomerate’s manufacturing of big-ticket products such as jet engines and power turbines as GE Chief Executive Jeff Immelt backs the company away from financial services. “These are good numbers,” said Tim Ghriskey, chief investment officer at Solaris Asset Management.

GE gives rosier 2015 outlook as industrial profits rise

Investors are focused even more greatly on the U.S. conglomerate’s manufacturing of big-ticket products such as jet engines and power turbines as GE Chief Executive Jeff Immelt backs the company away from financial services. “These are good numbers,” said Tim Ghriskey, chief investment officer at Solaris Asset Management.