Latest News in Stock Market and Investments – Sept 07, 2010 | Stock Market News

Latest News in Stock Market and Investments – Sept 07, 2010

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Stocks fall on European jitters

U.S. stocks fell Tuesday as renewed worries about European banks sent financial stocks slipping and investors flocking to such safe-haven assets as the dollar, Treasurys and gold.

The new young investor: Shunning stocks

When 18-year-old Robert White decided to jumpstart his retirement plan, he invested his life savings of $25,000 into an aggressive mutual fund.

Wall Street faces an economy at a ‘crossroads’

Stocks started September with a bang as investors cheered a rare dose of good economic news but investors may need to buckle in for the coming week: It’s a holiday-shortened week with little on the docket to set the tone.

Dow back in the black for 2010

Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.

Oil roars into September ‘like a lion’

After ending August in a slump, oil prices surged into September, rallying more than 3% Wednesday as the economic outlook brightened.

Treasurys fall on upbeat manufacturing data

Investors eased away from safe-haven Treasurys Wednesday, sending prices lower and yields higher after strong manufacturing data out of both the U.S. and China spurred optimism about the global economy.

Dollar slips on return to risk

As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.

Saks stock shoots up 20% on buyout rumors

Shares of luxury retailer Saks surged Tuesday after a British newspaper said the company could soon get a buyout offer of $1.7 billion.

Global economy going nowhere fast

So much for merger mania getting investors excited.

BlackBerry crumble: Why RIM is in trouble

In many businesses, it’s not the worst thing in the world to be second or even third biggest.

Stocks slump at the close

U.S. stocks ended a choppy day of trading lower Monday, as a dismal economic outlook overshadowed earlier optimism fueled by takeover talk.

Treasurys edge higher

Prices for U.S. Treasurys rose slightly Monday as investors braced for $102 billion in auctions and several economic reports.

Stocks in for summer slip ‘n’ slide

Stocks are likely to face another choppy, downtrodden week, but that’s no big surprise.

Stocks that can take a double dip

Personally, I have no idea whether the economy is headed for a double-dip downturn, as some now predict. And frankly, no one else does either.

Dollar advances on global slowdown fears

The dollar turned higher this week as jittery investors flocked to the greenback for its safe-haven appeal amid fears of a global economic slowdown.

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September 07 2010 07:51 am | Stock Market News

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