Friday, November 30, 2007

Markets Friday, 11/30/2007

Friday, 11/30/2007

| Dow : 13371.72 up 59.99

| S & P : 1481.14 up 11.42

| NASDAQ: 2660.96 down 7.17

| Bond (10Y): 3.94%, 102.47

MARKETS:
Blue chips get Bernanke boost
Dow and S&P manage gains in a choppy session. Investors welcomed hints
from the Fed chief that more rate cuts are on the way, but gains are
limited by tech weakness.
--------------------------------
U.S. stocks pare gains; on track for weekly gains, monthly losses

NEW YORK
U.S. stocks ended November with weekly gains and monthly losses, with
the Dow scoring its third-largest weekly jump so far this year, as
technology bellwether Dell Inc.'s shaky forecast weighed on the Nasdaq,
offsetting the market's warm response to Federal Reserve talk suggesting
further interest-rate cuts ahead.

The Fed: Bernake: Upcoming data may tell the tale on rates
WASHINGTON
Federal Reserve Chairman Ben Bernanke said that economic data to be
released over the next eight days may contain the answer to the key
question: whether to hold rates steady or lower them for the third
straight meeting.

Banks may agree to freeze adjustable-rate mortgages

WASHINGTON
Federal authorities and major U.S. banks are close to an agreement under
which interest rates on adjustable-rate loans will be frozen, a plan
that would allow stretched homeowners to potentially avoid foreclosure,
The Wall Street Journal reported Friday.

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