Asian economies stumble (Reuters)

Governor of the Bank of England Mervyn King gestures as he answers questions before parliament's Treasury Committee in London November 25, 2008. (Parbul/Handout/Reuters)Reuters - U.S. shoppers awoke early for post-Thanksgiving sales on Friday in a key test of the country's ability to withstand economic turmoil as sharp production declines in Asia gave fresh evidence of the global crisis.


Stocks end short session with 5th straight gain (AP)

AP - Wall Street climbed again Friday, wrapping up its biggest five-day rally in more than 75 years, even as investors digested signs of a bleak holiday season for retailers and fears that a flurry of reports next week will show more economic distress.

Saudi index soars after king’s comments on economy (AP)

AP - The Saudi stock market has soared 9.51 percent after the king described the economy as stable in the face of the global market meltdown.

Stocks face dour jobs and retail data (Reuters)

Specialists work on the floor of the New York Stock Exchange in New York on November 25, 2008. (Lucas Jackson/Reuters)Reuters - Wall Street may struggle to build on its best week in almost 30 years next week, as investors grapple with a raft of economic data, including the November jobs report, that will likely provide more evidence of a deep economic downturn.


Some cheer for Wall Street as holidays kick off (AFP)

File photo of traders working on the floor of the New York Stock Exchange. Wall Street finally found something to cheer about as the holiday season kicks off, offering hope that the battered stock market has turned a corner.(AFP/Getty Images/File/Mario Tama)AFP - Wall Street finally found something to cheer about as the holiday season kicks off, offering hope that the battered stock market has turned a corner.




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