Sellers crank it up in the afternoon to drive stocks from their highs, but buyers still win today's tug-of-war - handsomely. DJIA +2.73% (+212.18) to 7,973.78. S&P +2.82% (+22.88) to 833.96. Nasdaq +3.29% (+51.03) to 1,602.63. Crude +8.3% to $52.39. Gold -2.4% to $904. 30-year Tsy -1.04% to 129-07. Euro +1.58% vs. dollar. Yen -0.83%.
David White: Slow demand and lots more competition from China, Russia, and Ukraine likely to negatively impact US Steels European sales in 2010.
3 minutes ago
David White: European banks in worse shape than US counterparts (IMF). Same commercial RE problems. Little CRE building in 2010. Bad for steel.
14 minutes ago
Chemistfrog: Advice to CLVLY.PK - You have a great product, and we're grateful for that! Please keep us more updated on its progress, however!
14 minutes ago
David White: Car registrations indicate to expect Dec. German auto sales down 4.7% y-o-y. Declining sales since Germany's CFCs ran out of money in Sept.
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