VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 1234[5]6789 ]
Subject: Tuesday April 3, 2012, 2:31 p.m. EDT


Author:
U.S. stock losses deepen on Fed minutes
[ Next Thread | Previous Thread | Next Message | Previous Message ]
Date Posted: 11:47:30 04/03/12 Tue

Market Snapshot Archives | Email alerts

April 3, 2012, 2:31 p.m. EDT

U.S. stock losses deepen on Fed minutes
Stories You Might Like
•Sponsored: this site 11 stocks to throw out during spring cleaning
•Sponsored: this site U.S. stocks open mostly lower before factory data
•Sponsored: Street Authority Forget Oil... This Could Be the Biggest…
[?]68 Comments Share
Digg Yahoo! Buzz MySpace del.icio.us Reddit LinkedIn Fark StumbleUpon Newsvine
newPortfolio Relevance
LEARN MOREWant to see how this story relates to your portfolio?
Just add items to create a portfolio now:
XAddDow Jones Industrial Average (DJIA)XAddS&P 500 Index (SPX)XAddNASDAQ Composite Index (COMP)Add Create Portfolio or Cancel

By Kate Gibson, MarketWatch
NEW YORK (MarketWatch) — U.S. stock indexes steepened their fall Tuesday after minutes from the Federal Reserve’s last policy session illustrated less interest in another round of quantitative easing.

Investors are questioning whether the recovery is “self-sustaining without all the medicine,” said Nick Raich, director of research with Key Private Bank in Cleveland. Read more on Fed minutes.

“You don’t want to fight the Feds, you want to participate as the market has rallied, but you have to tread with caution here, as it’s a dangerous game of trying to resolve too much debt with more debt,” Raich added of actions by central banks around the globe.

Click to Play Draghi mulls ECB rate decisionThe European Central Bank Chief Mario Draghi will have to consider the slew of gloomy European economic data this week ahead of the bank's rate decision tomorrow.
The Dow Jones Industrial Average /quotes/zigman/627449 DJIA -0.91% fell 103 points, or 0.8%, to 13,161.2, with 27 of its 30 components losing ground.

The S&P 500 Index /quotes/zigman/3870025 SPX -0.88% declined 10.48 points, or 0.7%, to 1,408.61, with energy the worst performer and consumer discretionary the least hard hit among the index’s 10 sectors.

The slowing rate in China’s economic growth has been reflected in share prices for energy and material companies over the last month and a half, said Raich. “Sectors tied to global growth haven’t really participated in the rally.”

investing | Trading Deck

Stock funds' boffo box
U.S. stock investors gave 2012 a powerful, profitable opening to rival any Hollywood blockbuster. But we’ve seen this movie before.
• Global gains could fade
• Bond funds ride market bumps
• Boost your investing stamina /conga/story/misc/investing.html 200759 The Nasdaq Composite /quotes/zigman/123127 COMP -0.57% retreated 12.52 points, or 0.4%, to 3,106.97.

For every stock gaining more than two fell on the New York Stock Exchange, where 407 million shares traded as of 2:20 p.m. Eastern.

The Commerce Department reported orders to American factories climbed in February for a third month in four, with the 1.3% rise just below the 1.5% expected by economists polled by MarketWatch.

March proved a robust sales month for domestic car makers, with Chrysler, controlled by Fiat SpA /quotes/zigman/213459 IT:F -0.78% , reporting a 34% increase in U.S. sales for the month, and Ford Motor Co. /quotes/zigman/264304/quotes/nls/f F -0.32% reporting sales volume climbed 5% in March. General Motors Co. /quotes/zigman/1466682/quotes/nls/gm GM -4.86% said sales of its vehicles climbed 12% in March. Read full story about U.S. car sales.

On Monday, a separate report illustrated manufacturing gained more traction in March, with the Institute for Supply Management’s gauge rising to 53.4 from 52.4 in February.

The better-than-expected ISM data helped lift the S&P 500 to its highest level since May 2008.
/quotes/zigman/627449 Add to portfolio DJIA Dow Jones Industrial Average US : DJ-Index 13,143.43 -121.06 -0.91% Volume: 67.03MApril 3, 2012 2:44p
/quotes/zigman/3870025 Add to portfolio SPX S&P 500 Index US : S&P Base CME 1,406.56 -12.48 -0.88% Volume: 360.01MApril 3, 2012 2:45p
/quotes/zigman/123127 Add to portfolio COMP NASDAQ Composite Index US : Nasdaq 3,101.79 -17.91 -0.57% Volume: 0.00April 3, 2012 2:44p
/quotes/zigman/213459 Add to portfolio IT:F Fiat S.p.A. IT : Italien MCI € 4.32 -0.03 -0.78% Volume: 34.22MApril 3, 2012 5:30pP/E Ratio4.04Dividend Yield2.08%Market Cap€5.48 billionRev. per Employee€302,298
/quotes/zigman/264304/quotes/nls/f Add to portfolio F Ford Motor Co. US : NYSE Euronx $ 12.58 -0.04 -0.32% Volume: 81.10MApril 3, 2012 2:45pP/E Ratio2.55Dividend Yield1.59%Market Cap$47.41 billionRev. per Employee$830,878
/quotes/zigman/1466682/quotes/nls/gm Add to portfolio GM General Motors Co. US : NYSE Euronx $ 25.46 -1.30 -4.86% Volume: 20.52MApril 3, 2012 2:45pP/E Ratio5.39Dividend YieldN/AMarket Cap$49.29 billionRev. per Employee$725,971
Kate Gibson is a reporter for MarketWatch, based in New York.

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:
Subject Author Date
Fed Minutes have occured (NT)Calendar week 1411:48:47 04/03/12 Tue
Return of the song the (NT)First time (with the number 17 in its storyline11:50:39 04/03/12 Tue


Post a message:
This forum requires an account to post.
[ Create Account ]
[ Login ]
[ Contact Forum Admin ]


Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.