2. Fitch downgraded its credit ratings on five major European commercial banks and banking groups as part of a broader review of its ratings on the largest banks in the world.
3. FedEx Posts $1.57 EPS vs $1.52 Estimated.
4. Jobless Claims Fall Much More than Expected, Down 19,000 to 366,000; PPI Rises 0.3% in November; Empire State Index at 9.53.
5.Production Falls 0.2%, Estimates Saw Slight Gain .
6. Stocks Open Higher on Economic Hopes; Energy, Financials, Industrials and Materials Lead the Way
7. Philly Fed Index Rises to 10.3, Highest Level Since April 2011.
8.BlackBerry maker Research In Motion delivered quarterly earnings of $1.27 a share on revenue of $5.22 billion. Earnings beat expectations but revenue missed slightly and the company’s outlook was weak.
9.The IPO of social-network game maker Zynga priced at $10 a share, at the top of the expected range of $8.50 to $10.
10.Stocks Close Positive But Rally Loses Steam; Defensives Up, Tech and Energy Down.
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