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True or False: Gridlock Is Fuel for Stocks

Some experts say a power split in Washington is just what investors need. Others argue that the results of the past 61 years don't bear that out. So who's right? Or maybe, it's the Fed's monetary policy that really dictates which direction stocks go.

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Market Update:
  • Stocks return to April highs while pessimism grows
  • retail earnings

    The first of the major retailers will report quarterly earnings this week. Analysts expect to see strong results from Macy's and JCPenney, but flat earnings from Kohl's. Agilent Technologies is anticipated to be one of this week's biggest earnings gainers.

    Americans who invested in Canada over the past few years have not only enjoyed stock market profits, but have also benefited from exchange rate gains as the Canadian dollar strengthened against the U.S. greenback.

    Amazon, Volkswagen and Florida real estate developers are drastically dropping the prices of some of their key products. In a short video, Douglas McIntyre reveals which products are getting the biggest price drops. Could these cuts be a sign that deflation is at work?

    Over and over, magazines and newspapers miss the truth about business by a mile. They're so consistently bad, in fact, that the media has been a leading contrary indicator of stock prices and business trends. Here are seven classic examples.

    Eric Affeldt has been ranked higher than both Tiger Woods and Jack Nicklaus. Not when it comes to the world's top golfers, but on Golf Inc.'s annual ranking. Affeldt is CEO of ClubCorp, which owns or operates more than 150 golf and country clubs, business clubs, sports clubs, alumni clubs and resorts.

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    Market Movers

    SymbolLastChange / %Volume

    Most Actives

    C
    CITIGROUP INC
    4.49+0.16
    +3.70%
    1.05B
    BAC
    BANK OF AMERICA CORPORATION
    12.36+0.23
    +1.90%
    405.64M
    SPY
    SPDR S&P; 500 Trust
    122.72+0.46
    +0.38%
    180.65M
    XLF
    Financial Select Sector SPDR Fund
    15.58+0.35
    +2.29%
    165.60M

    % Gainers

    MSS
    MERRILL LYNCH & CO INC
    8.23 +1.23
    +17.57%
    200.00
    NTL
    NORTEL INVERSORA S A
    33.07 +3.73
    +12.71%
    54,735.00
    GWO
    ELEMENTS Credit Suisse Global Warming Index ETN
    7.60 +0.84
    +12.42%
    9,140.00
    CPE
    CALLON PETE CO DEL
    5.74 +0.61
    +11.89%
    1.15M

    % Losers

    CO
    CHINA CORD BLOOD CORP
    3.97-1.69
    -29.86%
    4.65M
    SD
    SANDRIDGE ENERGY INC
    5.16-0.70
    -11.95%
    68.39M
    SEM
    SELECT MED HLDGS CORP
    6.49-0.76
    -10.48%
    1.83M
    IRE
    IRELAND BK
    2.58-0.28
    -9.79%
    7.94M

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