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SHANGHAI, Nov 28 (Reuters) – Chinese stocks dropped on Friday, led by financial shares, as the market continued to pull back after the massive monetary easing announced by the central bank this week. The Shanghai Composite Index ended the morning down 1. Losing Shanghai stocks outnumbered gainers on Friday by 517 to 372, while turnover in Shanghai A shares shrank to 25. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Neither the Subscriber nor Thomson Financial News warrants the completeness or accuracy of the Service or the suitability of the Service as a trading aid and neither accepts any liability for losses howsoever incurred. The content on this site, including news, quotes, data and other information, is provided by Thomson Financial News and its third party content providers for your personal information only, and neither Thomson Financial News nor its third party content providers shall be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. read more

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Home > Business & Finance > Markets > U. NEW YORK, Nov 25 (Reuters) – The Dow and S&P 500 reversed earlier losses on Tuesday, briefly jumping 1 percent, as financial shares rose following the Federal Reserve’s latest plan to ease market strains and spur consumer spending. The Nasdaq remained in the negative, weighed by a decline in big-cap technology shares, including Cisco Systems Inc (CSCO. The Standard & Poor’s 500 Index . Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. read more

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SEOUL, Nov 25 (Reuters) – Seoul shares gave up most of an initial 6 percent gain to be flat in Tuesday afternoon trading, as auto shares fell on output cut reports and deepening concerns about the sector, while banks faltered after early gains. Institutions sold stocks taking advantage of earlier big gains,” said Lee Sun-yeob, a market analyst at Goodmorning Shinhan Securities. Other auto industry related shares were also down, with Hyundai Mobis (012330. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. read more

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Eastern, Darling also will remove a planned hike in fuel taxes and announce a tax exemption for foreign dividends to stem the time of companies moving headquarters overseas, according to several press reports. Intraday data provided by Interactive Data Real Time Services , a division of Interactive Data Corp. Historical and current end-of-day data provided by Interactive Data Pricing and Reference Data . Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. read more

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NEW YORK (Reuters) – Wall Street faces stiff headwinds in the week ahead, the fate of Citigroup largest among them, that stand in the way of building on Friday’s big rally and preventing November from winding up as one of the worst months for stocks on record. The holiday-shortened week begins with President-elect Barack Obama introducing his economic team, including expectations he will formally nominate Timothy Geithner, president of the New York Federal Reserve Bank, as his secretary of the Treasury. Key economic indicators on tap for next week include existing-home sales for October, consumer sentiment and confidence, and weekly U. Thomson Reuters is the world’s largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters. read more

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