Friday, November 26, 2010

MARKET COMMENT: Sovereign Debt Jitters Hit European Stocks

By Aude Lagorce and Barbara Kollmeyer LONDON (Dow Jones)--European stocks fell Friday, with the Spanish market suffering particularly steep losses, as worries over sovereign-debt contagion in the euro zone continued to escalate.
Shoppers line up for Black Friday sales outside the Best Buy electronics store in Westbury, New York November 26, 2010. By Dhanya Skariachan NEW YORK (Reuters) - Top US retailers from Best Buy Co Inc (BBY.
By Lauren Tara LaCapra 11/26/10 - 12:10 PM EST NEW YORK (TheStreet) -- Financial stocks were lower on Friday, with heavy selling in large European banks following news that creditors will take a hit under Ireland's new austerity plan.
By Peter Wise in Lisbon Portugal has approved a tough austerity budget for 2011, hoping to persuade nervous financial markets that the country can overcome its sovereign debt difficulties without following Greece and Ireland in seeking an international ...
By Andrew J. Johnson Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)-- The dollar surpassed the Y84 mark Friday for the first time since Sept.

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