DAI: Santa rally puts S&P 500 up for the year

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	12/23/2011
Good Evening LATEST NEWS Santa rally puts S&P 500 up for the year NEW YORK (Reuters) - The S&P 500 turned positive for the year and closed out its third week of gains in four on Friday as equities extended their rally after a string of unexpectedly strong economic data. | Full Article Consumer, business spending point to slower growth December 23, 2011 04:08 PM ET WASHINGTON (Reuters) - Consumer spending was tepid in November and a gauge of business investment fell for a second straight month, suggesting the economy lost some of its recent momentum. | Full Article World economy to trudge on in 2012 despite Europe: poll December 23, 2011 01:37 PM ET LONDON (Reuters) - Europe faces another year of dismal economic performance in 2012 that will weigh on global growth, but emerging markets and the United States should at least keep the world economy moving in the right direction. | Full Article Banks downgrade threat remains despite ECB funds: S&P December 23, 2011 10:07 AM ET FRANKFURT (Reuters) - The half a trillion euros the European Central Bank pumped into the financial system buys hard-hit banks valuable time but will not in itself protect them from threatened rating downgrades, one of Standard and Poor's top executives said. | Full Article Analysis: As euro steadies, fund managers hedge bearish bets December 23, 2011 12:47 PM ET NEW YORK (Reuters) - The European debt crisis roiled markets all year, producing the most volatile trading since the 2008-2009 meltdown. That is, except in one market -- the euro. | Full Article US TOP NEWS Congress punts hard payroll tax work to 2012 December 23, 2011 04:28 PM ET WASHINGTON (Reuters) - President Barack Obama signed into law a two-month payroll tax cut extension on Friday, capping a year of fierce partisan combat over taxes and spending that will resume in January and play heavily in the 2012 elections. | Full Article Double car bombing kills 44 in Damascus December 23, 2011 03:28 PM ET BEIRUT (Reuters) - Suicide car bombers struck Damascus on Friday, officials said, sending human limbs flying in the bloodiest violence in Syria's capital since a revolt against President Bashar al-Assad began nine months ago. | Full Article In ad for newsletter, Ron Paul forecast "race war" December 23, 2011 08:56 AM ET WASHINGTON (Reuters) - A direct-mail solicitation for Ron Paul's political and investment newsletters two decades ago warned of a "coming race war in our big cities" and of a "federal-homosexual cover-up" to play down the impact of AIDS. | Full Article Analysis: What's the plan if North Korea collapses? December 23, 2011 03:24 PM ET SEOUL (Reuters) - North Korea appears to be making an orderly transition after the death of leader Kim Jong-il last week, but the risk of collapse is higher than before and regional powers need to start discussing that contingency with China, diplomats and analysts say. | Full Article Insight: Trenches and fear divide heart of Syria protest December 23, 2011 03:24 PM ET (Foreign journalists are not allowed in Homs, the city at the centre of Syria's uprising. A translator born in the city returned for three days last week. This piece is based on his account, relayed to a Reuters correspondent well known to him. Please note strong language in 12th paragraph) | Full Article HEALTH NEWS EU OKs Roche's Avastin for ovarian cancer Enfamil questions linger over Mead Johnson Preventable drug reactions land vets in hospitals Leukemia patients at greatest risk of listeriosis Many stent patients get rehospitalized: study RELATED VIDEO The Exchange: Brazil and its economic model Retail's Christmas winners and losers Quiet trading before Christmas A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH NORAD's Santa tracking set to launch on Christmas Eve Full Article Waiting for Congress, Obama takes dog Bo shopping Hungary tech firm immortalizes Steve Jobs in bronze Mystery buyer acquires vatican.xxx web address Florida town seeks nudist vacationers from Europe Canadian charity throws doomed bunnies a lifeline - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend