US MARKET BREAKING NEWS 10 NOVEMBER 2011

1. Stocks dropped sharply at the open Wednesday as a spike in Italian bond yields to a euro era record spooked investors and amid uncertainty whether a new government in Italy could tackle the nation's debt crisis.

All 30 Dow components opened lower, led by Alcoa and JPMorgan. 

2. Wholesale Inventories Fall 0.1% in September, Slightly Less than Expected.

3.Stocks came off their worst levels but were still down sharply Wednesday as a spike in Italian bond yields to a euro era record rattled investor sentiment and amid fears of a debt contagion effect in the euro zone.

All 30 Dow components were in negative territory, led by H-P and JPMorgan. 


4. The US Treasury auctioned $24 billion in 10-year notes at a high yield of 2.03 percent. The bid-to-cover ratio was 2.64.


5. Stocks accelerated their decline across the board to trade near session lows Wednesday as a spike in Italian bond yields to a euro era record rattled investor sentiment and amid fears of a debt contagion effect in the euro zone.
 

7. Stocks plunged sharply to close near session lows Wednesday as investors were rattled by fears over the euro zone crisis.

All 30 Dow components finished in negative territory, led by JPMorgan and BofA.


8. Networking giant Cisco topped Wall Street forecasts, reporting adjusted earnings of 43 cents a share on revenue of $11.3 billion for its fiscal first quarter. Shares rose in after-hours trading.