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Economy
In reply to the discussion: STOCK MARKET WATCH -- Friday, 24 January 2014 [View all]Demeter
(85,373 posts)1. Well, looks like the bloom fell off the Rosy Scenario bush
Stocks slide on worries over earnings, China
http://www.latimes.com/business/la-fiw-wall-street-20140123,0,2431684.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fbusiness+%28L.A.+Times+-+Business%29&utm_content=My+Yahoo
Stocks are broadly lower after earnings and forecasts from several U.S. companies disappointed investors. Investors also worried about a slowdown in China, a major driver of global growth, after a survey there suggested the country's manufacturing sector was contracting.
The Dow Jones industrial average fell 176 points, or 1.1 percent, to close at 16,197 Thursday. It had been down as much as 232 points. The Standard & Poor's 500 index fell 16 points, or 0.9 percent, to 1,828. The Nasdaq composite lost 24 points, or 0.6 percent, to 4,218.
Several companies fell after issuing quarterly results and outlooks, including Noble Corp., Johnson Controls, Jacobs Engineering and United Continental.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.78 percent.
NOT A PEEP ABOUT THE LAYOFFS, STORE CLOSINGS, BANKRUPTCIES, AND UNEMPLOYMENT DATA....
http://www.latimes.com/business/la-fiw-wall-street-20140123,0,2431684.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fbusiness+%28L.A.+Times+-+Business%29&utm_content=My+Yahoo
Stocks are broadly lower after earnings and forecasts from several U.S. companies disappointed investors. Investors also worried about a slowdown in China, a major driver of global growth, after a survey there suggested the country's manufacturing sector was contracting.
The Dow Jones industrial average fell 176 points, or 1.1 percent, to close at 16,197 Thursday. It had been down as much as 232 points. The Standard & Poor's 500 index fell 16 points, or 0.9 percent, to 1,828. The Nasdaq composite lost 24 points, or 0.6 percent, to 4,218.
Several companies fell after issuing quarterly results and outlooks, including Noble Corp., Johnson Controls, Jacobs Engineering and United Continental.
Bond prices rose. The yield on the 10-year Treasury note fell to 2.78 percent.
NOT A PEEP ABOUT THE LAYOFFS, STORE CLOSINGS, BANKRUPTCIES, AND UNEMPLOYMENT DATA....
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Surveillance and Scandal Time-Tested Weapons for U.S. Global Power By Alfred McCoy
Demeter
Jan 2014
#6
It hasn't gottten any easier, either. And DEFINITELY not any fairer or equitable.
Demeter
Jan 2014
#22
