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Corn futures down, soybeans higher Tuesday

Chicago -- Corn futures closed lower and soybeans higher in Chicago Tuesday, with a slump in equities on Wall Street persisting for a third consecutive trading session.

Corn was off 8 1/4 to off 9 3/4, soybeans were up 6 1/2 to up 8, wheat was unchanged and oats were off 5 1/2 to off 6 1/2.

Corn lost ground on the Chicago Board of Trade, with selling prompted by end-of-the-month inventory adjustments. Wheat futures held steady, with traders keeping an eye on continued dry weather winter wheat areas. The U.S. Department of Agriculture announced a sale of 165,000 metric tons of soybeans Tuesday to buyers it did not identify.

The prices:

Corn: Dec 5.30, off 8 1/4; Mar 5.44, off 9 1/4; May 5.51 1/2, off 9 3/4; Jly 5.55 1/2, off 9 3/4.

Markets lack spark with Irish bailout

New York -- U.S. markets opened sharply lower Monday after the European Union announced a $90 billion rescue package for Ireland.

Financial ministers are trying to stop the erosion of investor confidence before it spreads to Portugal and Spain. In Asia, stocks were mostly higher Monday, but stocks were lower in most of Europe after the deal was announced Sunday.

On Wall Street in early-afternoon trading, the Dow Jones industrial average lost 116.37 points, 1.05 percent, to 10,975.63. The Standard & Poor's 500 index lost 0.88 percent, 10.45, to 1,178.95. The Nasdaq composite index lost 1.14 percent, 28.77, to 2,507.79.

The benchmark 10-year treasury note rose 9/32 to yield 2.839 percent.

6 Winners From Higher Rates

 The long-awaited moment of truth for the bond market may finally be here. As rates start to move up, those who've fled to the perceived security of bonds may soon find out that the bond market isn't as safe as they thought it was.

Get What You Want From Your Broker

 People are angry at Wall Street's shenanigans, and upset investors want to do whatever it takes to avoid a repeat of the excesses of the past decade. To address that, the Securities and Exchange Commission is considering rules to force stockbrokers to act in the best interest of their clients.


Oil prices climb, topping $84

New York -- Crude oil prices in New York topped $84 per barrel Wednesday as equities rebounded on Wall Street.

The Energy Information Administration said U.S. inventories of crude oil rose by 1 million barrels in the week ending Nov. 19. Traders were encouraged, however, by a sharp rebound in stock markets. The Dow Jones industrial average gained 150.91 points after losing 142.21 points Tuesday.

January delivery light, sweet crude oil on the New York Mercantile Exchange added $2.90 cents to $84.15. Heating oil prices gained 8.02 cents to $2.3471 per gallon. Reformulated blendstock gasoline rose 8.32 cents to $2.17 per gallon.

U.S. markets regain Tuesday's losses

New York -- U.S. markets turned higher Wednesday, regaining Tuesday's losses despite a drop in factory orders in Europe and the United States.

Eurostat said industrial orders fell 3.8 percent in the euro zone in September compared to August and dropped 2.5 percent in the 27-member European Union. In Washington, the Commerce Department said new orders for durable goods fell 3.3 percent in October after a 5 percent increase in September.

In an early release to accommodate the Thanksgiving holiday, the Department of Labor said weekly first-time unemployment benefit claims fell by 34,000 in the week ending Nov. 20.

Is a Revenue Miss Coming for Teleflex?

 There's no foolproof way to know the future for Teleflex (NYSE: TFX) or any other company. However, certain clues may help you see potential stumbles before they happen -- and before your stock craters as a result. Rest assured: Even if you're not monitoring these metrics, short-sellers are.


U.S. markets lower on skirmish in Korea

New York -- U.S. markets headed sharply lower Tuesday as investors flinched in reaction to a border dispute between North and South Korea.

Both sides exchanged artillery fire, which left two South Korean marines dead and injured at least 16 on Yeonpyeong Island, The Wall Street Journal reported.

Investors were already on edge as finance ministers in Europe work through the details of a rescue loan for Ireland that could go as high as $129 billion.

In economic news, the U.S. Bureau of Economic Analysis said the gross domestic product rose 2.5 percent in the third quarter in the second of three estimates. Previously, the BEA said the GDP rose 2 percent July through September.

Wall Street's Buy List

Actions speak louder than words, as the old saying goes. So why does the media focus so much attention on what Wall Street says about companies, instead of what itdoes with them?


Are Monsanto's Earnings Worse Than They Look?

 Although business headlines still tout earnings numbers, many investors have moved past net earnings as a measure of a company's economic output. That's because earnings are very often less trustworthy than cash flow, since earnings are more open to manipulation based on dubious judgment calls.