Reuters – Most Asian stock markets looked set on Friday to end the year with solid gains and further advances are expected in 2011, but worries about the sluggish U.S. economy and Europe’s festering debt crisis will likely keep investors on edge well into the new year.
December 31, 2010
Asia stocks ring out 2010 with solid gains but dollar dips (Reuters)
Wall Street edges lower as year draws to a close (Reuters)
Reuters – U.S. stocks closed slightly lower on Thursday as a trio of better-than-expected economic data wasn’t enough to entice buyers to take on much risk in a market sitting on strong gains just before the new year.
Summary Box: Stocks dip as 2010 nears end (AP)
AP – TAX TIME: Stocks dipped Thursday as investors locked in their positions at the end of the year. Many investors were selling stocks or funds that have lost money in order to reap the tax benefits.
Fund investors begin slowly embracing US stocks (AP)
AP – It appears investors are beginning to get comfortable with risk again. Not only are they pulling money out of bond mutual funds at the fastest pace in two years, but they’re slowly starting to embrace stocks again.
Stocks down slightly as investors lock in 2010 (AP)
TSX slips from 2-year peak as golds drag (Reuters)
Reuters – Toronto’s main stock index retreated slightly on Thursday after hitting a two-year high as gold miners declined and investors were hesitant to take on riskier bets before the new year.
Global stocks drop despite upbeat US jobs data (AP)
AP – Stock markets brushed aside better than expected U.S. economic data Thursday and traded lower as the peculiarities of year-end trading dominated activity. German and Japanese stocks led the retreat on their last trading day of the year.
Why U.S. Stocks May Finally Be a Good Buy (The Motley Fool)
The Motley Fool – It’s never been clearer that ordinary investors just don’t like U.S. stocks right now. While emerging markets like China and India grab the spotlight, you’d think from listening to news reports that investing domestically was just as bad as throwing your money away.
European stocks drift lower; FTSE 10 pct up on year (AFP)
AFP – European stock markets fell on Thursday as profit-taking set in ahead of the New Year and after the Tokyo market ended 2010 on a weak note.
European stocks steady at open (AFP)
AFP – Europe’s main stock markets were little changed at the start of trading on Thursday, with London’s benchmark FTSE 100 index down 0.07 percent to 5,992.50 points compared with the previous day’s close.
