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FT.com - Wall Street stocks were set for a sharply higher start on Friday, with the prospect of a Federal Reserve rate cut dulling what has been the worst month for equities in nearly five years.

Traders work on the floor of the New York Stock Exchange, November 14, 2007. (Chip East/Reuters)Reuters - The Dow and S&P 500 rose on Friday, capping a dismal November with a four-day rally, as financial stocks rallied on optimism over a proposed rescue for struggling homeowners and on heightened expectations for more interest-rate cuts.


FT.com - London rose on Friday, with Colt Telecom the standout gainer on reports of potential bid activity.

Traders at the Frankfurt Stock Exchange in August 2007. European shares rallied after US Federal Reserve chief Ben Bernanke cheered global markets by hinting at another US interest rate cut next month.(AFP/DDP/File/Martin Oeser)AFP - European shares rallied Friday after US Federal Reserve chief Ben Bernanke cheered global markets by hinting at another US interest rate cut next month, dealers said.


FT.com - London equities were little changed on Friday, but reports of potential bid activity lifted shares in Colt Telecom.
AP - Japan's stock market rose to a three-week high Friday as investors bought recent decliners amid a weaker yen and expectations for an interest rate cut in the United States.
This revised Comeback Kids stock screen helps find battered stocks that look like they'll be up where they belong -- next year.
The central bank says the economy can rebound without an interest-rate cut. But The Street is again putting on the pressure, raising expectations for another Fed cut next month.
Consumer spending is starting to weaken, and, since consumer spending is 70% of the economy, that could spell trouble. In the meantime, I'm buying FedEx.
I don't have to tell you the market hasn't done much this decade. Here's how to find funds that do more for you.
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