Stocks Climb Back to Their Pre-Lehman Disaster Level

Stocks closed broadly higher Tuesday, helped by more deal activity in the financial sector and upbeat earnings from the tech sector. After more than two years, the market has regained all its losses following the implosion of Lehman Brothers in September 2008.

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Market Update:
  • Banking, other deals drive stock indexes higher
  • Many developing countries are joining the list of top countries for outsourcing, while nations such as Australia, Canada and Israel have fallen off.

    The U.S. is hardly alone in losing work to cheaper skilled labor in foreign countries. Australia, Canada and Israel, among others, have dropped off Gartner's list of the top 30 countries for outsourcing. Here's where IT and business-processing jobs are heading.

    Manufacturers of 3-D TVs are getting a lump of coal this holiday season. High expectations for frothy sales have failed to materialize, and price cuts of more than 40% continue during this critical selling period. Will 2011 turn out better?

    Kindle offer on Amazon website

    In these precious few holiday shopping days left, e-readers make for an easy gift for a wide range of family and friends. So, DailyFinance has assembled a guide to the major e-readers and what each one is best suited for as well as what issues you should consider before buying.

    Americans are returning to indulging in specialty foods the way they did before the recession, and they'll likely make big purchases of these affordable luxuries during the holidays. A recent survey showed 63% of American consumers purchased specialty food this year, up from 46% in 2009.

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    Market Movers

    SymbolLastChange / %Volume

    Most Actives

    C
    CITIGROUP INC
    4.74+0.03
    +0.64%
    397.74M
    BAC
    BANK OF AMERICA CORPORATION
    12.98+0.36
    +2.85%
    162.31M
    SPY
    SPDR S&P 500 Trust
    125.39+0.79
    +0.63%
    94.74M
    EEM
    iShares MSCI Emerging Markets Index Fund
    46.50+0.67
    +1.47%
    59.67M

    % Gainers

    PBI-
    PITNEY BOWES INC
    397.00 +71.95
    +22.14%
    195.00
    MPG
    MPG OFFICE TR INC
    2.70 +0.35
    +14.89%
    1.76M
    MCP
    MOLYCORP INC DEL
    44.43 +5.18
    +13.20%
    9.10M
    LAD
    LITHIA MTRS INC
    14.01 +1.41
    +11.19%
    472,161.00

    % Losers

    CPY
    CPI CORP
    22.49-7.98
    -26.19%
    1.34M
    ORN
    ORION MARINE GROUP INC
    11.30-3.44
    -23.34%
    4.22M
    JFT
    KEYnotes First Trust Enhanced 130/30 Large Cap Index ETN
    32.55-2.90
    -8.18%
    105.00
    PRO
    PROS HOLDINGS INC
    11.82-1.02
    -7.94%
    159,996.00

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