Australian Market Report of November 16: Encouraged by US Quarter Earnings

  Sydney, Australia, Nov 16, 2009 - (ABN Newswire) - On Friday, the US stocks were boosted by the encouraging earnings from major retailers and The Walt Disney Co. A record number of U.S. companies beat earnings expectations in the third quarter. This week a new round of economic data including retail sales, inflation readings and housing starts will be the focus after most corporate results already reported.  

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