Stocks inched higher on Wall Street Monday after a November sales report at McDonald's helped offset concerns about the surprise resignation of Italy's prime minister, Mario Monti, who has been credited with restoring confidence in Italy's economy.
Stocks are opening mixed on Wall Street after the surprise resignation of Italy's prime minister sent a jolt through European markets. The Dow Jones industrial average inched up, while the Standard & Poor's 500 index was down a fraction.
The Atlantic Ocean is wide, but maybe not wide enough. On Thursday, markets had a mixed reaction to the deepening economic crisis in Europe. Some sources reported that the European Central Bank would step in. But in the U.S., small business owners are growing nervous.