Reuters - Billionaire investor George Soros' hedge fund reported holdings of $6.2 billion during the third quarter, an increase of $2 billion, after taking a stake in automaker Ford and boosting his holdings in communications services stocks.
AP - Investors kept the stock market's upward momentum going Monday, sending shares sharply higher after retail sales rebounded more than expected in October and the dollar extended its slide. Major stock indexes rose more than 1 percent to new 13-month highs, including the Dow Jones industrial average, which jumped 136 points. The Standard & Poor's 500 index closed above the 1,100 mark for the first time in more than a year.
Reuters - Toronto's main stock index shot to its highest close in more than three weeks on Monday as a rally in oil prices helped power Suncor Energy and other oil and gas shares to comfortable gains. Shares of Suncor, the biggest contributor to the index's gain, rose 3 percent to C$38.04, followed by oil company Canadian Natural Resources, which closed up 3.3 percent at C$72.49.
Reuters - The U.S. Securities and Exchange Commission charged four individuals and two companies with running a $30 million Ponzi scheme that targeted elderly investors and people nearing retirement who were seeking environmentally friendly investments.
U.S. News & World Report - As the Supreme Court mulls over mutual funds' fees, analysts have lined up to read between the lines. And while a decision in Jones v. Harris Associates is probably months away, there is no shortage of opinions about its implications.
Reuters - Toronto's main stock market index could open higher on Monday as gold prices climbed to a fresh high and oil rose, while investors await October U.S. retail sales due out before the market's open.
Reuters - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.84 percent, Dow Jones futures up 0.57 percent and Nasdaq 100 futures up 0.55 percent at 0925 GMT (4:25 a.m. EST).