In the currency market, the dollar lost ground to the euro. Late Thursday, the euro was trading at $1.3991 vs. $1.3926 on Wednesday.

In the currency market, the dollar slipped against the euro. Late Thursday, the euro was trading at $1.3923 vs. $1.3908 on Wednesday.

Stocks, bonds and dollars get sold!  The U.S. to lose our AAA credit rating?  A return to fundamentals day 2… And Now… Today’s Pfennig!

U.S. oil price rises above $36… UAE follows OPEC deals with Jan, Feb cuts… Expectations of slowing energy demand weigh

The number of Americans filing new claims for jobless benefits rocketed to a 26-year high last week, surpassing already gloomy forecasts, as the U.S. economy sinks deeper into recession.

South Africa Cuts Interest Rates; BlackRock Cans 500; Empire Co. Posts 13% Profit; KB Toys Files for Bankruptcy; Citi and UBS to Buy Back $30 Billion in Securities; Bank of America to Cut 35,000 Jobs

China Exports and Import Decline; Rio Guts 14,000 Jobs; Wells Fargo CEO Sees Housing Bottom; Orascom Lands North Korea Telecom Deal; Office Depot Shutters 112 Stores; JA Solar Cuts 4Q Estimates

Apparently, there’s just no stopping stocks. They just keep on trucking higher as investors forget about the recent troubles in the financial sector and focus on Merrill Lynch’s note that ‘credit markets may be “past their worst”’.