US MARKET BREAKING NEWS 9 NOVEMBER 2011

1. Stocks gained at the open Tuesday as investors looked ahead to a key parliamentary vote on public finance in Rome, which may hold the key to Italian Prime Minister Silvio Berlusconi’s future.

BofA and JPMorgan led the Dow components higher.

2. Stocks turned lower in choppy trading Tuesday, after Italian Prime Minister Silvio Berlusconi won a key budget vote, but now faces pressure from his opposition to resign.

All key S&P sectors slipped into negative territory.

3. The U.S. Treasury auctioned $32 billion in three-year notes at a high yield of 0.379%. The bid-to-cover ratio was 3.41, compared to the recent average of 3.21. A bid-to-cover of 2.0 or greater is generally viewed as a successful auction.

4. Italian Prime Minister Silvio Berlusconi is expected to resign after the vote on the nation's austerity budget for 2012, according to several reports.

5. Stocks closed near session highs in thin, volatile trading Tuesday, boosted by news Italian Prime Minister Silvio Berlusconi will resign after the parliament passes economic reforms demanded by the EU.