Wall Street focus: Autos and the Fed
Investors consider the outlook for Detroit’s Big Three, a likely interest rate cut from the central bank and earnings from Goldman Sachs, Oracle and others.
By Alexandra Twin, CNNMoney.com senior writer
Investors return Monday for the last full trading week of what has been for many an unbelievable, and unbelievably difficult, [...]

Stocks: More pain, more gains?
Stocks rallied toward the end of last week despite abysmal news on the economy. This week brings readings on housing, consumer spending and the trade gap.
The worst monthly jobs report in 34 years failed to send stocks lower late last week, begging the question of whether the market has finally found [...]

Dow, S&P 500 in 5-day win streak
By Ben Rooney, CNNMoney.com staff writer
Major indexes advance at the end of a thinly traded, post-holiday session.
NEW YORK (CNNMoney.com) — Stocks rallied in a shortened holiday session Friday, with the Dow and the S&P 500 ending higher for the fifth session in a row, capping one of Wall [...]

Asian Stocks Rise, Set for Second-Biggest Weekly Gain This Year
By Patrick Rial and Saeromi Shin
Nov. 28 (Bloomberg) — Asian stocks rose, driving the region’s benchmark index to its second-best week this year, on optimism steps by governments to pull the world’s economy out of recession will boost demand for raw materials and heavy equipment.
BHP [...]

Most European Stocks Drop, Led by STMicro; Asian Shares Advance
By Michael Patterson
Nov. 28 (Bloomberg) — Most European stocks fell as a reduced sales forecast from STMicroelectronics NV overshadowed Merrill Lynch & Co.
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European Stock-Index Futures Rise; Shell, Air Berlin May Gain
By Adam Haigh
Nov. 27 (Bloomberg) — European stock-index futures rose, following gains in the U.S. and Asia, as crude rallied after the close of European markets, boosting the earnings prospects for oil producers.
U.S.-traded securities of Royal Dutch Shell Plc and BP Plc, Europe
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Woolworths Near Collapse, Risking 30,000 U.K. Jobs
By Howard Mustoe
Nov. 27 (Bloomberg) — Woolworths Group Plc was left on the edge of failure and MFI Retail Ltd. collapsed, putting more than 30,000 U.K. jobs at risk, after the economy’s slide into a recession caused consumer spending to slump.
Woolworths, which opened its first shop in 1909, said [...]

Asian Stocks Advance on China Rate Cut; Indian Trading Halted
By Patrick Rial
Nov. 27 (Bloomberg) — Asian stocks advanced for a third day after China lowered interest rates by the most in 11 years to spur economic growth.
hina Vanke Co., the country’s biggest builder, jumped 6.5 percent on speculation lower borrowing costs will encourage home [...]