![]()
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- US Dollar Falls to 14-Year Low Against the Yen
- US Companies Already Moving on Curbing Emissions
- Fannie Mae to Tighten Lending Standards: Report
- Investing in Good Karma – and Making a Profit
- Retailers Should Believe in Christmas Miracles
- Bankruptcies Jump, Hitting Highest Level in Four Years
- Steepest Black Friday Discounts, Revealed
- Lloyds Gets OK for Record $22.5 Billion Rights Issue
- 4 Thanksgiving Week Buys For Your Portfolio: Market Pros
- There's a 'Great Chance' For a Double-Dip Recession: Strategist
- Revenge of the Gangsta Nerds
- Will TCU See The "Flutie Effect?"
- Retail Earnings and Sales to Improve in Q4: Analyst
- Consumers Catching the Holiday Spirit
- It's Beginning To Look A Lot More Riskless
- Crescenzi: Claims Level Suggests End to Job Losses
- Hedge Funds Take Early Lead in Warren Buffett's 'Big Bet'
MOST SHARED
- Kuoni CEO Sees Recovery in Travel Sector
- Gold Retreats from Record High as Dollar Rebounds
- Dubai Struggles to Ease Debt Fears; Investors Rattled
- China Unveils Carbon Target Ahead of Copenhagen
- Wal-Mart Price Pressure Hurts China Workers: Report
- Chinese Overcapacity is Worsening, EU Chamber Warns
- Euro Shares Record Biggest Drop in 7 Months
- Great Britain, No Longer That Great: Investor
- Hyundai-Kia Targets Rapid China Growth in 2010
- Fannie Mae to Tighten Lending Standards: Report
The drive for Dow 10,000 may experience an interruption Monday, if U.S. stock index futures are any indication.
Futures indicated a drop of less than 1 percent at the open, though the market got an early boost from a major deal announcement.
Dell [DELL
Loading...
()
] will purchase computer services maker Perot Systems [PER
Loading...
()
] for $3.9 billion in cash and plans a tender launch for all of its Class A shares for $30 a share.
Perot shares jumped a corresponding 66 percent in premarket trading to reflect the tender price, while Dell dropped nearly 4 percent.
Any selloff notwithstanding, the Dow is within 180 points of the 10,000 mark after its best weekly gain in nearly two months.
The Dow has not closed over 10,000 in nearly a year (Oct. 3, 2008). Investors may well bide their time before the 2-day FOMC policy meeting begins Tuesday.
The week begins with a relatively light economic calendar, but the Conference Board will be releasing its August index of leading economic indicators at 10 am New York time. Consensus estimates call for the forward-looking index to have risen by 0.7 percent last month.
Several Fed-related speeches are also on Monday's calendar: Richmond Fed President Jeffrey Lacker speaks to the Risk Management Association in Charlotte, NC at 12:30 pm, while San Francisco Fed President Janet Yellen will speak on the economic outlook and monetary policy in a San Francisco Speech just before 4 pm.
Applied Materials, [AMAT
Loading...
()
] the biggest maker of semiconductor manufacturing equipment, could be a stock to watch today, as it holds an investor briefing in Hamburg, Germany. That event will begin around 10 am.
Also on the watch list: casino operator Wynn Resorts, [WYNN
Loading...
()
] which is reportedly set to increase the size of its Hong Kong IPO for its Macau casino assets, as it seeks to raise about $1.6 billion.
- Written by Peter Schacknow, Senior Producer, CNBC Breaking News Desk.
- For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
- Ever wished your cab driver would stop nattering and just get to where you're going? Well that moment is near(er).
- Eric Schmidt pledges to create a virtual copy of the Iraq National Museum at Google’s expense.
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- More shoppers than ever plan to comparison-shop this season. Who will benefit?
- It may be the most unusual guide to business you'll read.












