Stock Market

[ClassyLady]

NEW YORK (Reuters) - U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai's debt woes will be contained.
Shortly before the market closed, Dubai's largest company said its planned restructuring of some units involved $26 billion in debt, easing some concerns about the size of Dubai's financial problems.
An index of bank stocks .BKX rose more than 3 percent as investors bet bank exposure to Dubai's debt problems would be limited.
"It appears the market is coming to the conclusion that Dubai is a small, localized event," said Charles Lieberman, chief investment officer of Advisors Capital Management, LLC in Paramus, New Jersey.
Retail shares limited the advance as investors worried that the holiday shopping season might have gotten off to a tepid start. Black Friday data suggested weak sales during retailers' most important sales period and underscored concerns about the economy.
Black Friday, or the Friday after the U.S. Thanksgiving Day holiday, is seen as the start of the U.S. holiday shopping period and buyers typically flood the stores that day searching for bargains.

Read the full story here.

[goldbaker88]

Knowing the current situation of the stock market is crucial especially if you have stocks invested in it. It is better to be up to dated to the situations so that you could know the actions to be taken if some changes in the stock market occur as to secure your stocks to lose. Today, the stock market is unstable so we need to be vigilant to the current market.