1. Canadian government bonds fell, reversing early gains, as traders looked past the Liberal election victory and concluded Quebec separation will dominate the national political agenda. 2. Canadian stocks fell for the fourth consecutive day, reversing earlier gains, on concern higher borrowing costs might damp corporate profits. 3. Chilean stocks reversed early gains to close down, after investors shrugged off a widely anticipated interest rate cut. 4. Chilean stocks reversed early gains as fading hopes of an early cut in interest rates offset increased investment by foreign mutual funds. 5. Concern that the slowest economic growth in four years will drag on corporate profits reversed gains driven by declining interest rates. 6. Concern profit growth may not meet expectations caused European stocks to reverse early gains. 7. Even shares of Internet software company Netscape Communications Corp. reversed their gains. 8. In Germany, the DAX Ibis Index fell, reversing gains earlier in the day, as the market moved tracked the dollar. 9. In LONDON, U.K. stocks reversed early gains to close mixed after economic reports in the U.S. revealed surprisingly strong growth, raising concern inflation may rise. 10. In financial markets after the housing report, U.S. bonds reversed earlier gains. |