Daily Video Update: Stocks are extending the downturn

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Friday, the 18th of May.

While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.

DailyXchange
Post and prosper with other MarketClub members everyday.

Stocks on the move: SPY (SPDR S&P500) , UPS (United Parcel Service) and OC (Owens-Corning)

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Video Update: Stocks are extending the downturn"

Facebook stock jumps in public debut

By BARBARA ORTUTAY
AP Technology Writer

(AP:NEW YORK) Facebook is updating its status to "public company" as its stock jumps in its debut on the Nasdaq Stock Market.

The stock rose to $42.05 on Friday morning. CEO Mark Zuckerberg smiled as rang the opening bell from Facebook's headquarters in Menlo Park, Calif. Surrounded by cheering Facebook employees and wearing his signature hoodie, the 28-year-old pushed the button that signals the opening of the stock market in New York. Continue reading "Facebook stock jumps in public debut"

World stock markets sink on US, Europe worries

By Pamela Sampson

BANGKOK — World stocks fell Friday after credit downgrades slapped on Spanish banks unnerved investors already worried about the stability of the 17-country euro currency union.

The fall in European shares followed a sharp downturn in Asia where markets were also rattled by weak U.S. manufacturing figures.

The nervousness about Spain's banks comes as the European financial crisis intensifies. Continue reading "World stock markets sink on US, Europe worries"

Disappointing Data Leads To Sell-Off

(RTTNews) - Stocks saw substantial weakness during trading on Thursday, as traders reacted negatively to a disappointing batch of U.S. economic data. Lingering concerns about the financial situation in Europe also continued to weigh on the markets.

The major averages saw further downside going into the close, ending the session at or near their lows for the session. The Dow fell 156.06 points or 1.2 percent to 12,442.49, the Nasdaq plummeted 60.35 points or 2.1 percent to 2,813.69 and the S&P 500 dropped 19.94 points or 1.5 percent to 1,304.86. Continue reading "Disappointing Data Leads To Sell-Off"

Daily Update: Weak economic data drags down the markets

Hello traders everywhere! Jeremy Lutz here with your mid-day market update for Thursday, the 17th of May.

While Adam is away we will be providing the daily update in written form each day, with videos on Monday, Wednesday, and Friday each week.

DailyXchange
Post and prosper with other MarketClub members everyday.

Stocks on the move: SPY (SPDR S&P500) , UPS (United Parcel Service) and OC (Owens-Corning)

DON'T FIGHT THE MARKET … MOVE WITH THE MARKET! Continue reading "Daily Update: Weak economic data drags down the markets"