Stocks soar as ADP says private employers added 93,000 jobs in November. The Fed sees modest nationwide growth. Hopes build for a European financial rescue. Auto sales rise.
A strong start to November ended in a fade as Europe's debt problems worried investors. But bulls hope recovery signs will spark new buying.
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.
Because of Thanksgiving, it's a short week. But earnings are due from Hewlett-Packard, Deere and Tiffany. Look for key reports on the economy, personal income and housing.
More woes lie ahead for stocks like Whirlpool that sell into the sluggish housing market.
An ugly price-fixing fine and weakness in North America and Europe sales hit earnings. Results in Latin America and Asia are strong.
The indexes struggle to very small gains. US Steel, Lexmark, Cummins and Kimberly-Clark all slump. Ford and Coach both show big gains. The dollar moves higher.
Stocks rebound from Tuesday's drubbing. Boeing, Wells Fargo and airlines report strong results. Commodities rally on a falling dollar. The Fed's Beige Book sees 'modest growth.'
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