Stocks fall on Europe worries
U.S. stocks slumped at the market’s open Tuesday, as renewed worries about European banks and the global economy weighed on investors coming back from the long Labor Day weekend
Stock futures fall on fresh European bank concerns (AP)
AP – Stock futures slipped to start the holiday-shortened week Tuesday after some fresh concerns about the health of European banks rattled overseas markets.
European stocks fall, miners down on Australia vote (AFP)
AFP – Europe’s main stock markets slid on Tuesday after a run of gains, with miners hit by the electoral result in Australia ahead of Wall Street’s reopening after a US public holiday, traders said.
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.
SEC sees surge in fraud tip-offs: report (Reuters)
Reuters – The U.S. Securities and Exchange Commission (SEC) has seen a surge in tip-offs concerning alleged corporate fraud as the Financial Reforms Act offers millions of dollars in bounty payments to whistleblowers, the Wall Street Journal said.
Wall St futures signal weaker start for stocks (Reuters)
Reuters – LONDON (Reuters) Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 fell 0.2 to 0.7 percent, pointing to a weaker start on Wall Street on Tuesday.
Global stocks, euro down on Europe banking concerns (Reuters)
Reuters – World stocks edged down from the previous day’s one-month high on Tuesday while the euro fell broadly as renewed concerns about Europe’s banking sector encouraged investors to pause after a recent rally.
Asian stocks down, but recovery worries are easing (AP)
AP – Asian stock markets fell in early trading Tuesday but losses were limited on easing worries over the pace of the global economic recovery.
World stocks gain, dollar falls (AFP)
AFP – Global stock markets rose and the dollar fell on Monday as investors further digested better-than-expected US jobs data which reduced prospects of a return to recession.
Asian markets climb after positive US jobs data (AP)
AP – Stocks in Asia nudged higher in early trade Monday, after shares in the U.S. rose last week on the back of strong jobs data