July jobs data information could heighten Wall Street jitters

Investors looking for reasons  for optimism after the worst stock-market sell-off since the 2008 financial crisis probably won’t find it in Friday’s July jobs report.Economists forecast that employers added only 90,000 jobs last month and that the unemployment rate was unchanged at 9.2 percent, according to a survey by FactSet.
That would mark an improvement over [...]

Stock market dives 513 points; O.C. responds

513 points plunged today of Dow Jones industrial amid renewed worries about a possible double-dip recession, the U.S. deficit and Europe’s continuing debt problems.The S&P 500 fell 60 points to 1,200. The Nasdaq declined 137 points to 2,556.It was the worst day for the market since the October 2008 when stocks sank as widening mortgage [...]

Debt ceiling deadlock could decrease interest rates

The nation is just days away from the debt ceiling deadline and   no one knows exactly what will happen when the borrowing limit is reached. But even in the worst case scenarios, many experts think investors will flock to U.S. Treasuries.That possibility would mean lower borrowing costs for the government, not the spike in interest [...]

US Stock Futures Lower Ahead Of Jobs Data, Retail Sales Updates

U.S. stock market futures dropped Thursday as investors showed little appetite for extending the previous session’s modest gains, with earnings from General Motors Co. and the latest figures on weekly jobless claims to come.Futures on the Dow Jones Industrial Average fell 48 points to 11770 and Standard & Poor’s 500 index futures were down 6.50 [...]

Investors fear latest economic downturn

Two years after the last recession ended, Wall Street is showing rising fear that the U.S. economy could be headed for a new downturn.Stock prices plummeted in the U.S. and Europe on Tuesday, driving the Dow Jones industrial average to its lowest level since March and to its longest losing streak — eight straight sessions [...]

Debt Downgrade Unlikely to Push Interest Rates Higher

The humiliation of a credit rating downgrade for the U.S. would exact some psychological damage but is widely viewed as less likely to cause any actual carnage on interest rates.
Few fixed-income experts are looking for a major surge in rates even if Standard & Poor’s follows through on its threats to cut the US rating [...]

Scary Chart Pattern describe much More Selling on the Way

The S&P 500 triggered a scary technical signal — a head and shoulders pattern in the chart — leaving investors to wonder if it’s the sign of more selling to come — or just a head fake.

 

The so-called head and shoulders pattern is formed when the chart pattern shows three rallies, with the middle rally [...]

TSX decrease amid U.S. economic worries

The Toronto stock market was slightly lower mid-afternoon Wednesday while commodity prices backed off as another raft of economic data failed to reassure investors about the state of the U.S. economy.The S&P/TSX composite index was well off early lows, down 39.6 points at 12,712.72 after earlier plunging as much as 184 points. The TSX Venture [...]

Worry about retirement savings is increasing after Tuesday’s disaster on Wall St.

For investors who endured the bruising downturn and were seeing green again in their 401(k)s, Tuesday’s Wall Street tumble was a rude awakening – and a reminder that retirement savings are not always secure.”People are frightened,” said Scott Brewster, a certified financial planner with Brewster Financial Planning in Park Slope, Brooklyn. “Everywhere we turn, there [...]

Concern over stalling job growth plunges Dow two percent in worst losing week since 2004

Stocks ended on a sour note Friday, wrapping up a fifth straight week of losses after unexpectedly tepid growth in the number of new jobs heightened concerns the economic rebound is losing steam.U.S. payrolls grew just 54,000 last month, the smallest amount in eight months. The results were well below projections - even after analysts lowered [...]