Monday, November 16, 2009

11/16 Yahoo! News: Stock Markets News

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Stocks market only as strong as latest data (AP)
November 15, 2009 at 6:02 pm

FILE - In this Aug. 18, 2009 file photo, Bob Kunkel of Niagara Falls, N.Y., loads driveway sealer into his trunk at Home Depot in Williamsville, N.Y. Home Depot Inc., Target Corp. and TJX Cos. are reporting third-quarter earnings this week. (AP Photo/David Duprey, File)AP - There's a tug of war in the financial markets between investors who believe the economy is on its way to a strong recovery and those who believe a rebound is likely to be slow and bumpy.



S&P faces 1,100, searches for catalyst (Reuters)
November 15, 2009 at 10:50 am

A Bernard Madoff New York Mets baseball jacket is displayed during a press preview of a US Marhals Service auction of personal property seized from Bernard and Ruth Madoff. A treasure trove of spoils from the Wall Street swindler and his wife raked in nearly a million dollars in an auction to help pay back some of his victims.(AFP/Getty Images/Mario Tama)Reuters - U.S. stocks could face difficulty gaining traction this week as the S&P 500 bumps against the 1,100 mark and investors become content to cool their heels rather than risk losing gains made for the year.



China: Low US interest rates threaten recovery (AP)
November 15, 2009 at 7:07 am

AP - China's top bank regulator said Sunday the weakening U.S. dollar and low interest rates are spurring speculation in stocks and property, distorting global asset prices and threatening the global economic recovery.
 

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