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Overnight Market News – November 30, 2009

 
  • United Arab Emirate (UAE) Stocks Plunge 7% as the Stock Market Opens for the First Time Since Dubai Announced that it Would Ask Creditors for a Delay of its Debt Repayment
  • US Consumers Spent 8.04% Less, On Average (Approximately USD 343 per Person) over Thanksgiving Holiday Weekend Compared with the Year-Ago Period
  • Emerging Market Stocks Rebound after UAE Central Bank Says it “Stands Behind” Dubai’s Local and Foreign Banks
  • UK Home Prices Rise for Fourth Month in November, by 0.2% Quarter-Over-Quarter
  • India’s Economy Expands at Faster-than-Expected Rate of 7.9% Year-Over-Year, Manufacturing and Services Rise
  • Bank of America Corp Cuts Salaries of Two Top Executives after Government-Appointed Pay Czar’s Compensation Review
  • Crude Oil Stands at USD 76.06 per Barrel
  • Ethanol Stands at USD 2.12 per Gallon
  • Natural Gas Stands at USD 5.11 per British Thermal Unit (Btu)
  • Gold Stands at USD 1,169.70 per Troy Ounce
  • Dow Jones Industrial Average Falls 154.48 Points (-1.48%)
  • London FTSE Index Falls 27.82 Points (-0.53%)
  • Japan Nikkei Index Rises 264.03 Points (2.91%)
  • Hong Kong Hang Seng Index Rises 687.00 Points (3.25%)
  • Brazil Bovespa Index Rises 690.35 Points (1.04%)
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