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Top Stories Movers & Shakers: Wednesday's biggest gaining and declining stocks Microtune, Navistar, NetSol, Talbots, Wet Seal, ZymoGenetics were among the stocks making notable moves in Wednesday's stock market.
Europe Markets: European markets reverse losses to trade higher A successful Portuguese debt auction provides some relief, although bank stocks are mostly lower.
Market Snapshot: U.S. stocks rise as Europe worries fade NEW YORK (MarketWatch) -- U.S. stocks bounced back from the previous day's declines as concerns about European bank health subsided.
Currencies: Dollar weaker against euro, U.K., Canadian units The U.S. dollar weakens versus most major rivals on Wednesday amid better news out of Canada and the U.K. and a positive opening for U.S. stocks.
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September 8, 2010 10:34 AM EDT
The Dollar proved to be a little bit of an issue, on an otherwise quiet news day. The Dollar Index started the day higher, flirting with Friday’s peak at 80.855. That is still well below the breakout point at 81.34, but it has moved up away from the rising trend line at 79.99. Fitch called Greek’s bailout plan “uncertain” and also told Bloomberg that it may downgrade Portugal if measures to reduce debt are “insufficient”. Weakness... full story >>