The market rebounds from early worries about inflation in China and European debt woes. Salesforce.com shares jump 18% after the company boosts its guidance.
The Dow sees a small gain. Amazon.com is weak; the 10-year Treasury tops 2.9%. Retail sales in October were stronger than expected. Caterpillar is buying Bucyrus for $7.6 billion.
The major averages end the day basically flat but sport decent gains for the month. Earnings misses from Chevron and Merck offset gains for Alcoa and Microsoft. GDP grows at an annualized 2%.
Stocks slump on news that Bank of America may be sued over bad mortgages. China's rate hike worries traders who've bet on the country's rapid economic growth. Gold and oil slump.
The big question: Will the rally continue? Watch for more deals. The Fed's Beige Book report will be closely studied. So will President Obama's stimulus proposals to boost the economy.
American employers shed 54,000 jobs in August, fewer than expected. The unemployment rate rises to 9.6%. Goldcorp will buy Andean Resources for $3.4 billion.
Home prices rise more than expected. Consumer confidence increases. The Federal Reserve agrees to consider more steps to boost economy if necessary.
VIDEO ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Cheap LED light bulbs cost more upfront -- between $8 to $10 apiece -- but begin to pay off within 18 months.
Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'