The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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Stocks and commodities fell sharply Friday amid anxiety that China will hike interest rates to keep its economy from overheating. The Dow flirted with a triple-digit loss. Gold and oil prices likewise plunged.
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Stocks closed slightly higher Friday despite the best jobs report in months, as a six-session rally that has taken the market to a two-year high was due for a breather. The Dow finished up nine points, while the S&P was up five…
Stocks closed essentially unchanged Friday as mixed economic news and earnings data failed to distract traders from next week’s mid-term elections and Federal Reserve policy statement.
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McDonald’s, Caterpillar and Verizon are all major American companies that play an influential role in our daily lives. But while you may (or may not) admire and respect them, should you covet their stocks?
Continue reading Face-Off on Stocks: McDonald’s, Caterpillar, Verizon [VIDEO]
Face-Off on Stocks: McDonald’s, Caterpillar, Verizon [VIDEO] originally appeared on DailyFinance on Wed, 27 Oct 2010 12:14:00.
Filed Under: Investing, Earnings, Stock Picks, Video