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Published: November 6, 2009, 6:31 PM
Updated: November 9, 2009, 7:28 AM


Stocks managed to close with modest gains. The Dow rose 17 to 10,023. The S&P added nearly 3 and the Nasdaq surged 7 points.

  • The Labor Department says the nation's unemployment rate rose to 10.2 percent last month. President Barack Obama says the report shows more work is needed to spur business creation and consumer spending.
  • Consumers borrowed less for a record eighth straight month in September. The Federal Reserve says borrowing fell at an annual rate of nearly $15 billion, the biggest decline since July.
  • A judge is tossing out a decision that could have cost PepsiCo $1.3 billion after the soft drink maker didn't
    respond to a lawsuit claiming it stole the idea for bottled water.  The decision in a Wisconsin court means PepsiCo will get its say in court. Two men claim PepsiCo violated trade secrets and stole their idea to sell bottled water.
  • Oil prices fell after the jobs report. Benchmark crude for December delivery fell $2.19 to settle at $77.43 a barrel on the New York Mercantile Exchange.
     




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