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Stocks charge higher with help for Greece in hand

Associated Press | The stock market charged higher after European leaders pledged to help Greece manage its debt crisis.

According to preliminary calculations, the Dow is up 106 at 10,144. The Standard & Poor’s 500 is up 10 at 1,078. The Nasdaq composite index is up 30 at 2,177.

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Dow surges back above 10,000

Associated Press | The Dow Jones industrial average jumped back above 10,000 on hope that
the European Union will help Greece manage its growing debt burden.

According to preliminary calculations, the Dow rose 150.25, or 1.5
percent, to 10,058.64, its steepest percentage gain since Nov. 9. The
broader Standard & Poor’s 500 index rose 13.78, or 1.3 percent, to
1,070.52, while the Nasdaq composite index rose 24.82, or 1.2 percent,
to 2,150.87.

See also
• UAL shares spike 17% after January traffic report

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Chicago-area stocks for Monday

GAINERS   % LOSERS   % MOST ACTIVE   %
Littelfuse +9.49 A.M. Castle -6.51 Motorola +2.66
InnerWorkings +4.89 CNA Financial -2.86 Kraft -0.28
Strategic Hotels +4.48 OfficeMax -2.64 Walgreen -0.06
Horace Mann +2.78 AMCOL -2.53 UAL +2.27
Motorola +2.66 Rubicon -2.39 Caterpillar -1.87

See results from Chicago’s Top 100 companies.

Dow closes under 10,000 for first time in 3 months

Associated Press | Concern about mounting debt in Europe has pushed the Dow Jones industrials below 10,000.

The Dow closed below the psychological barrier for the first time in
three months Monday as financial stocks pulled the market lower.

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Littelfuse shares up 10% on 4Q profit

By Mary Ellen Podmolik | Shares of Littelfuse Inc., rose almost 10 percent in mid-day trading
Monday, after the Chicago-based maker of circuit protection systems
beat its own fourth-quarter earnings guidance.

Littelfuse Inc., reported fourth-quarter net income of $11.7 million,
or 53 cents a diluted share, compared with a loss of $9.2 million, or
42 cents a share, in the year-ago period. Sales totaled $127.9 million,
a 21 percent increase from the year-ago period, although the quarter included
14 weeks instead of the 13 weeks included in 2008’s fourth quarter.

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Today’s movers in Chicago-area stocks

GAINERS   % LOSERS   % MOST ACTIVE   %
Rubicon Technology +5.92 Strategic Hotels -6.51 Motorola +1.27
A.M. Castle +5.41 Fortune Brands -2.86 Kraft +0.18
CME Group +4.27 Hub Group -2.64 Caterpillar +0.68
Inland Real Estate +3.84 Nalco -2.53 McDonald’s -1.08
UAL Corp +3.40 U.S. Cellular -2.39 UAL Corp. +3.40

See results from Chicago’s Top 100 companies.

Stocks pull back from steep slide

Associated Press | A battered stock market recovered from a sharp drop in late trading Friday but still posted its fourth straight weekly drop.

The Dow Jones industrials, down nearly 170 points in afternoon trading, clawed their way back to finish with a gain of 10. But more stocks fell than rose on the New York Stock Exchange as investors contended with another series of troubling signals about the global economy.

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Dow falls 268 to 10,002

blog-wallstreet.jpgA trader on the floor of the New York Stock Exchange today. (AP)

Associated Press | The Dow Jones nearly fell under 10,000 for the first time since Nov. 6, buckling under the growing belief that the global economy is weaker than many investors expected.

According to preliminary calculations, the Dow has ended the day down
268 at 10,002 after falling to 9,998 just before the close. The
Standard & Poor’s 500 is down 34 at 1,063. And the Nasdaq composite
index is off 65 at 2,125.

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Stocks retreat from 2-day rally

Associated Press | The stock market retreated from a two-day rally as growth in the nation’s service businesses fell short of expectations.The Dow Jones industrial average is down 27 at 10,270 after a two-day gain of 230 points. The Standard & Poor’s 500 index is down 6 at 1,100. The Nasdaq composite index is up 1 at 2,191.

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Stocks poised for second day of gains

Associated Press | Stock futures rose modestly Tuesday as investors are betting that upcoming economic reports will show more signs of growth.

A report on the housing market in December is expected to show continued improvement in the battered sector. Major indexes rallied Monday following encouraging signs about growth in the manufacturing sector.

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Dow closes up 118

Associated Press | The Dow Jones industrial average rose 118 points to close at 10, 185.53 Monday after falling in the
final two days of last week. Energy stocks led the market higher
following a strong earnings report from Exxon Mobil Corp.

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Dow up triple digits at midday

Associated Press | A flurry of upbeat economic reports sent the
Dow Jones industrial average rose more than 100 points in midday
trading. Other indexes logged similar gains as energy
stocks led the market higher following a strong earnings report from
Exxon Mobil.

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Northern Trust upgraded

From Marketwatch.com: Citigroup analyst Greg Ketron upgraded the Northern Trust Corp. to buy from neutral. The news sent shares up 3.68 percent to $52.41 in mid-morning trading.

Read more: marketwatch.com