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MarketWatch for Tuesday, December 10, 2013

If you're keeping on top of the stock markets this morning, Tuesday, December 10, 2013...
If you're keeping on top of the stock markets this morning, Tuesday, December 10, 2013...

The Nikkei is down 39 points in Tokyo today.
On Wall Street, the Dow rose 5 points Monday.
And the Nasdaq added 6.

On Wall Street, an early rally faded by the close as investors brace for a possible pullback in the fed's economic stimulus program.

U.S. taxpayers no longer own a piece of General Motors. The government sold the last of its GM stock Monday. In the end, taxpayers lost 10.5 billion of the nearly $50 billion bailout. Analysts say the 2009 bailout should still be viewed as a success since it allowed GM to remain in business and employee thousands of Americans. 

Regulators vote today on the so-called "Volcker Rule". Its part of the Wall Street reform act known as Dodd-Frank and was put in place to help prevent another financial crisis like the one we saw in 2008. The Volcker Rule would bar most trading by banks for their own accounts and profit in order to protect the financial system. Banks would still be able to do such trading for clients.

Americans' net worth climbed to a new record high over the summer. The Federal Reserve says household wealth rose more than 2.5-percent to top $77 trillion helped by a rise in home prices and a record setting stock market.  Net worth reflects the value of assets like homes, stocks and bank accounts minus debts like mortgages and credit cards.

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