- Stocks ended mixed in the latest session. The Dow added 20 to 10,247. The Nasdaq fell 3 points and the S&P was virtually unchanged.
- This is a quiet week for economic data. No releases are planned for today. Tomorrow, the government releases new jobless claims.
- European stock markets rose today after strong earnings from French bank Credit Agricole SA and a surprise increase in British employment levels. The euro, meanwhile, is pushing back up toward 15-month highs against the dollar.
- World Bank President Robert Zoellick says stubbornly high joblessness threatens to hobble a U.S. economy struggling to rebound from recession. Speaking in Singapore, Zoellick warns the U.S. unemployment rate will likely remain elevated in 2010.
- Treasury Secretary Timothy Geithner says he's encouraged by Japan's attempts to make its economy more dependent on domestic demand instead of American consumers. During a stopover in Tokyo, Geithner said the shift will contribute to more stable global growth.
Morning Business Brief
Published: November 11, 2009, 7:33 AMUpdated: November 11, 2009, 7:09 PM
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