World Stock Markets Daily Report (November 30, 2010)

U.S. stocks fell Monday, sending the S&P 500 Index down for the fourth time in five days, as Ireland's bailout failed to ease investor concern that Europe's debt crisis may spread to the southern region. The S&P 500 rallied in the final 90 minutes of trading, almost wiping out a 1.3% as the measure bounced off a level watched by chart analysts. Hewlett-Packard HPQ and Verizon Communications VZ both lost at least 1%, pacing declines in the Dow while Visa V sank 1.7% as an analyst said mobile-network operators may take market share. Wells Fargo WFC and Bank of America BAC led a rally in financial shares, gaining more than 1.6%. Continue reading the article.