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Financial Markets





STOCK MARKET REPORT  

   Dow Ends Up 27; Nasdaq Climbs 10
Investors traded cautiously Monday, managing to give the market a third straight day of gains despite a weekend bomb attack in Indonesia that spooked overseas markets.


HEADLINES  

Brazil interest rate rises sharply
Brazil's Central Bank hiked interest rates sharply Monday in an effort to prop up the weakening currency and ease inflationary pressures.

Grain futures fall, soybeans rise
Grain futures prices fell and soybean futures prices were higher in quiet holiday trading Monday on the Chicago Board of Trade.

Nasdaq Rolls Out New Trading System
After three years and a $100 million investment, the Nasdaq Stock Market on Monday began trading stocks in a new, upgraded system that it hopes will increase its trading volumes and win back market share from alternative share trading networks.

Poll: Apathy reigns over stocks
Almost two-thirds of Americans, including a majority of investors, say it's a bad idea to make a substantial investment in the market, says an Associated Press poll taken at a time the market has dropped to its lowest levels in years.

Oil trades higher after Bali bomb blasts
World crude prices traded higher on Monday after a devastating bomb attack in the Indonesian resort of Bali added to underlying nervousness, although traders said it had no immediate consequences for oil trade.

Grain, soybean prices slide
Grain and soybean futures prices slid lower Monday on the Chicago Board of Trade as the Columbus Day holiday put a damper on trading.

Dollar falls, gold rises in Europe
The U.S. dollar fell against most other major currencies in European trading Monday. Gold prices rose.







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