The Morning Edition
Today's Markets
Asia: Japan +2.0% to 8763. Hong Kong +1.7% to 20048. China +1.8% to 2516. India +1.2% to 17065.
Europe: at midday, London +1.9%. Paris +2.8%. Frankfurt +2.8%.
Futures at 7:00: Dow +1%. S&P +1.2%. Nasdaq +1.1%. Crude +0.9% to $86.77. Gold -1.55% to $1844.30.
Economic calendar
7:00 MBA Mortgage Applications
7:45 ICSC Retail Store Sales
8:55 Redbook Chain Store Sales
2:00 Fed's Beige Book
Fed Speak
11:15 Chicago Fed's Evans: U.S. Monetary Policy
4:00 San Francisco Fed's Williams: Economic Outlook
Morning stories
Germany's highestcourt said parliament must have a bigger say in euro zone rescuepackages, a landmark ruling that may make it more difficult for Europeto respond swiftly in delivering aid to crisis-hit member states.
German court gives MPs bigger say in euro bailouts From Reuters
President Barack Obama plans topropose job growth by injecting more than $300 billioninto the economy in 2012 mostly through tax cuts,infrastructure spending and direct aid to state and localgovernments.
Obama Said to Seek $300 Billion Jobs Package From Bloomberg
Prosecutors in New York are moving forward with their inquiry into theway Goldman Sachs Group Inc. marketed certain mortgage-linkedinstruments before the financial crisis.
Probe Into Goldman Widens From Wall Street Journal
On Tuesday, Yahoo Inc.'s board ousted Chief Executive Carol Bartz becoming impatient with the lack of turnaround at the Web company."
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