Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Tuesday, November 30, 2010

Tuesday

Stocks fell as investors continued to worry about the European sovereign-debt crisis, but better-than-expected data on U.S. manufacturing and consumer confidence helped limit the drop. As market sentiment toward the euro zone sharply deteriorates, European officials are planning a new round of bank "stress tests" that are said to be more rigorous than the widely discredited exams conducted earlier this year. November posted the market's first monthly drop since August with the Dow Jones Industrial Average finishing in the red 1% for the month. DJIA -46.47 Nasdaq -26.99 S&P 500 -7.21.