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Midwest manufacturing activity showed further improvement in November. Industry statistics showed another month of growth. The expansion was stronger than economists predicted, and the second consecutive month of growth in over a year.
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European stocks rebounded after falling considerably below the unchanged line earlier in the day on financial news out of Dubai. Dubai World’s request for a hold on its global debt did not prove severe enough to keep sentiment low. Asian markets dove headfirst into negative territory as the Dubai...
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Iran has once again defied the United Nations after announcing plans to build an additional 10 nuclear facilities. Yesterday’s presidential election in Uruguay went to an ex-Marxist guerrilla fighter, Jose Mujica. In Europe, Scotland’s minority government has officially launched its bid...
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Global investors dropped high-risk investments after a Dubai holding company raised concerns that there are still problems in the world credit system. Dubai World set off an alarm after asking for a standstill on its $60 billion in debts. The news came as a shock as the state-run company...
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The markets ended “Cyber Monday in the green after a choppy day of trading. Manufacturing activity in the mid-west grew more than expected in November. Meanwhile, The Dubai financial crisis remained in focus after the country’s central bank pledged to help lenders affected by Dubai Worl...
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Stocks are sinking Friday as financial news out of Dubai weighs on the markets. One of Dubai’s holding companies asked creditors for a six-month “standstill” on its $60 billion in debts. Retailers will be in focus this Black Friday as shoppers pack the stores looking for the best deals. ...
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AIG has reached a deal to settle its legal conflict with former chairman Maurice “Hank” Greenberg. The deal ends a long, nasty dispute between the insurer and the one time face of the company. The settlement calls for AIG to pay a maximum of $150 million to Greenberg to reimburse him for legal f...
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Stocks are showing weakness on this Cyber Monday as investors weigh upbeat retail news against last week’s Dubai crisis that sent the market plummeting on Friday. Global markets are still looking at Dubai World’s request for a hold on its $60 billion debt. Economists will look to the latest read ...
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Hi again all, At least the TRINs have come back from outer space : ) The VIX is confirming the broad market action nicely as well (SPY). Stay tuned for the market wrap up with d-Seven at the close. Talk soon, Matador
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11/27/09 The latest in news, commentary, and information on what’s moving the US equities markets. Watch this broadcast LIVE at 9:30 am EST daily @ "http://www.nyx.com/marketmonitor"
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