Stock Markets
AFP - London's main stock markets weakened in opening deals on Wednesday, as many investors took profits after hefty gains the previous day.
Stock Markets
FTSE falls on opening after earlier rally (AFP)
Summary Box: Tax-cut rally fades; Dow ends down 3 (AP)
AP - TAX BREAK: A deal between President Barack Obama and Republican leaders on extending tax cuts sent stock prices higher for much of the day, but the rally faded by late afternoon.
How the major stock indexes fared Tuesday (AP)
AP - Stocks closed mixed after enthusiasm over a deal to extend tax cuts faded. President Barack Obama and Republican leaders agreed to a broad package of tax cuts and an extension of unemployment benefits. The compromise plan helped send stocks higher in the morning but the gains faded by late afternoon.
Brazil's Vale to start trading in Hong Kong (AFP)
AFP - Brazil's Vale will make its trading debut in Hong Kong Wednesday, the first South American firm to list on the city's bourse, as the mining giant sets its sights on the massive Chinese market.
M.D. Sass sees S&P up 20 percent by end 2011 (Reuters)
Reuters - U.S. equities are the cheapest major asset class and the benchmark Standard & Poor's 500 stock index will rise 20 percent in 2011, veteran money manager Martin Sass said on Tuesday.
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