Saturday, November 3, 2012

Surging Spanish bond yields push Europe lower

MARKETWATCH FRONT PAGE

A sudden late day surge in Spanish bond yields to all-time highs ad pressure on European stock markets, which erase earlier gains and head lower. See full story.

TomTom shares navigate up after Apple deal

A day after Apple Inc. unveils a broad revamp of its laptops and software, TomTom NV, the Amsterdam provider of navigation technology, says it will provide mapping data to the iPhone and iPad maker. See full story.

Our fate is in others� hands

No matter what the politicians in Washington may wind up doing to try to boost economic growth, it could all be for naught if other countries should take a swan dive at the same time, writes Irwin Kellner. See full story.

Pain in Spain could come to U.S. again

Why are U.S. banks whining about new rules that could keep them from suffering the same fate as their Spanish counterparts? See full story.

U.S. stocks rise on hopes for stimulus

U.S. stocks rise on speculation central bankers will make further moves to stimulate the global economy and as Wall Street tracked events in Europe. See full story.

MARKETWATCH COMMENTARY

The vote of confidence for Fran�ois Hollande will increase pressure on Angela Merkel to soften German insistence on further austerity, writes David Marsh. See full story.

MARKETWATCH PERSONAL FINANCE

When it comes to IRAs, timing is everything. Robert Powell looks at five rules that could derail your retirement-savings plans. See full story.

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