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Monday, November 12, 2007

Stocks Headed For A Lower Opening - U.S. Commentary []

Stocks Headed For A Lower Opening - U.S. Commentary []
Stocks are headed for a sharply lower opening on Wednesday, as oil continues its drive towards the $100 a barrel mark, the dollar declines further against its major counterparts, and General Motors (GM) shocks Wall Street with a considerable third-quarter loss.

Dow Drops Into Negative Territory - U.S. Commentary []
The markets are mixed on Tuesday, as technology stocks decline after Sun Microsystems (JAVA) released disappointing results and financials turned to the downside after seeing strength in early trading.

Swiss Franc Slides Against Majors []
The Swiss currency lost ground against its major European counterparts during early deals on Monday. By about 3:15 am ET, the franc reached 2.3462 against the sterling, 1.6480 against the euro and 1.1261 versus the US dollar.

Stocks On Pause Monday Morning Ahead Of This Week's Key Economic Reports []
US stocks were on pause Monday morning ahead of the opening bell as traders braced for a deluge of economic reports beginning on Tuesday. Stocks took a beating last week amid a revival of fears about the impact of problems in the lending markets on the broader economy.

Stocks Fall On Bernanke Comments And Technology Weakness - U.S. Commentary []
Stocks continue to move lower on Thursday following a disappointing sales forecast from Cisco (CSCO) and comments from Federal Reserve Chairman Ben Bernanke.

Stocks Likely To Come Under More Pressure At The Open Thursday As Cisco Disappoints []
US stocks were poised to add to losses from the previous session Thursday after networking giant Cisco (CSCO) forecast revenues below analysts' estimates for the current quarter. Traders were looking ahead to testimony before Congress from Fed Chair Ben Bernanke, hoping for clues on the state of the US economy.

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