Nov 8, 2011 - Morning Financial Market Update
Markets
DJIA*
12068.39 85.15 +0.71%
Nasdaq*
2695.25 9.10 +0.34%
S&P 500*
1261.12 7.89 +0.63%
Global Dow
1873.08 9.78 +0.52%
FTSE 100
5604.34 93.52 +1.70%
Nikkei Average*
8655.51 111.58 -1.27%
Euro (EUR/USD)
1.3789 0.0012 +0.087%
Japanese Yen (USD/JPY)
77.9700 0.0900 -0.115%
U.K. Pound (GBP/USD)
1.6070 0.0012 +0.075%
10-Year Note
2.0570
News
JPMorgan Says Sell Defaulted Vitro Debt on Overvalued Offer: Mexico Credit
Vitro SAB’s defaulted bonds are rallying to a two-month high, a sign to JPMorgan Chase & Co. and BCP Securities LLC to sell the securities because the price overvalues the Mexican glassmaker’s latest debt-restructuring offer by almost 50 percent.
ft.com/home/us">Berlusconi faces crunch parliament vote
Italian bond yields at euro-era highs as key ally calls for PM to resign
Biggest Solar Silicon Maker Expands Production as Prices Plunge
The Hemlock Semiconductor Group, the world’s biggest maker of polysilicon, is increasing production as a glut for the material used in semiconductors and solar cells pushes down prices to the lowest since 2003.
Former Boxing Champion Joe Frazier Dies at 67
Joe Frazier, who used a pounding left hook to fight his way to boxing’s heavyweight title, then battled Muhammad Ali in three epic matches and in the court of public opinion, has died. He was 67.