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Dow closes below 10,000 - NEW YORK (Reuters) - The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.
G7 talks on Greece's debt - TORONTO (Reuters) - Investors are skeptical of assurances European finance ministers gave to their Group of Seven counterparts this weekend that the euro zone's debt crisis is under control.
Wall Street Week Ahead - NEW YORK (Reuters) - U.S. stocks face more turbulence that could send indexes spiraling through key levels next week as doubts about the pace of the global recovery persist and fears over Europe's sovereign debt woes rattle sentiment.
G7 focuses on Europe debt - IQALUIT, Canada (Reuters) - Finance chiefs from the world's rich powers focused on the euro zone's debt crisis at an Arctic summit and a top official said Europe was determined to solve its problems without the International
Euro-zone debt worries - LISBON (Reuters) - The euro and the stocks and bonds of debt-laden members of the currency bloc fell for a second straight day on Friday as fears over Portugal and other European sovereigns spread, pushing investors into safe havens.
Looks like a lower open.. - (Reuters) - Stock index futures pointed to a lower open on Wall Street on Friday, after heavy falls in the previous session and following declines in Europe and Asia, with some caution expected ahead of a key labor market report.
Dow dips below 10,000 - NEW YORK (Reuters) - The Dow briefly fell below the crucial 10,000 mark on Thursday as stocks suffered their worst losses in more than nine months.
Futures point to weak open - (Reuters) - Stock futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fall 0.5 to 0.6 percent, pointing to a weaker start on Wall Street on Thursday.
Toyota sales hit by recall - TOKYO/DETROIT (Reuters) - Toyota Motor Corp suffered a sharp drop in U.S. sales last month as its massive recall and unprecedented sales halt allowed rivals to grab market share from the world's largest automaker.
Time Warner profit up - NEW YORK (Reuters) - Time Warner Inc reported stronger-than-expected quarterly results courtesy of hit movies such as "Sherlock Holmes" and "The Hangover," and it
Big banks risky trading - WASHINGTON (Reuters) - White House adviser Paul Volcker will urge Congress to curb the risks taken by large banks to help prevent them from being treated as "too big to fail," according to testimony obtained by Reuters on Monday. Detailing a recent proposal known as "the Volcker rule," the former Federal Reserve Chairman will tell lawmakers that commercial banks' proprietary and speculative activities should not be protected by the government.
Wall Street rallies on Exxon - NEW YORK (Reuters) - Stocks rose on Monday as better-than-expected data on the manufacturing sector and earnings from Exxon Mobil revived bullish sentiment after stocks closed out their worst month in almost a year.
Stock futures signal gains - (Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.42 percent, Dow Jones futures up 0.53 percent and Nasdaq 100 futures up 0.36 percent at 5 a.m. EST.
Volcker sees fragile markets - WASHINGTON (Reuters) - Failure to enact financial reforms to curb large banks' risky activities and allow them to fail without broad market disruptions will make the financial system even more fragile in the future, Obama administration adviser Paul Volcker said on Sunday.
Banks, regulators agree... - DAVOS, Switzerland (Reuters) - Leading bankers seeking to quell a political backlash over their role in the financial crisis agreed with regulators on Saturday that new banking rules should be globally consistent.
 More Financial News
Tue, 09 Feb 2010 07:49:10 GMT
topstories
Church pews fill as Philippine poll campaign begins (Reuters)

Supporters of evangelist preacher and presidential candidate Eddie Villanueva unfurl a Philippine flag, measuring 180 m by 92 m, during the start of campaign period at Luneta park in Manila February 9, 2010. REUTERS/ Cheryl RaveloReuters - Philippine politicians launched their campaigns on Tuesday in a wide-open race for the presidency, with poverty, corruption and unemployment the top issues for the impoverished Southeast Asian archipelago.


Tue, 09 Feb 2010 07:31:20 GMT
business
Swatch full-year profit beats poll, upbeat on 2010 (Reuters)
Reuters - Swatch Group , the world's largest watchmaker by sales, posted a forecast-beating full-year profit and confirmed its upbeat outlook for 2010, easing worries a flagging economic recovery may hit demand.
Tue, 09 Feb 2010 00:22:10 GMT
business
Fed's Dudley: Financial reform needs global scope (Reuters)
Reuters - A revamp of the financial system needs to be global in nature to prevent a repeat of the worst financial crisis in some 70 years, a top Federal Reserve policy maker said on Monday.
Mon, 08 Feb 2010 23:45:13 GMT
business
Economy - Monday (Investor's Business Daily)
Investor's Business Daily - The Treasury will auction $81 bil of notes and bonds in its quarterly refunding this week, the same as in the prior auction. Gov't officials said they've already raised enough to fund a budget deficit set to expand 14% this year. The Treasury's decision to stop increasing the size of its debt auctions could moderate the rise in bond yields, bolstering the economy as the Federal Reserve removes emergency stimulus. The narrower yield curve may cap mortgage rates as the Fed's $1.25 tril in mortgage-bond purchases is set to expire on March 31.
Mon, 08 Feb 2010 23:52:18 GMT
us
Ex-Boeing engineer gets 15 years in spy case (Reuters)
Reuters - An ex-Boeing Co engineer, found guilty last year of passing space shuttle secrets to China in America's first conviction under a 1996 espionage law, was sentenced on Monday to 15 years in prison.
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