The Stock Market: The Stock Market Crash in the Stock Market

By Associated Press Washington post, Published: January 6 NEW YORK — Everybody knows that January predicts the stock market’s direction for the year and that the best time to sell stocks is at their spring peak. And among stock market experts, it’s a sure bet that the market will soar in the year before an [...]

U.S. stocks sank in a thinly traded session Wednesday as weakness in the technology sector dragged the market lower. The Dow Jones industrial average (INDU) was down 47 points, or 0.4%, in afternoon trading. The S&P 500 (SPX) eased 5 points, or less than 0.4%, and the Nasdaq composite (COMP) fell 27 points, or 1%. [...]

US stocks have resumed their rally after a series of earnings reports came in better than expected. Target Corp, Staples Inc and Dell Inc all reported earnings for last quarter that were above analysts’ forecasts. Companies in the Standard & Poor’s 500 are on track to report higher profits for a ninth straight quarter. But [...]

THE Australian share market closed higher today, buoyed by bargain-hunters who helped to make up ground from the previous day’s loss. Official figures showing slower than expected wages growth helped calm inflationary expectations and also provided a boost for investors. At 16:15 (AEST) the benchmark S&P/ASX200 index was 56.6 points, or 1.33 per cent, higher [...]

THE Australian share market recovered early heavy losses to be only slightly lower at noon, after a negative lead from global markets overnight was offset by better-than-expected results from Telstra.At 12pm (AEST), the benchmark S&P/ASX200 index was down 1.8 points, or 0.04 per cent, at 4139.5, while the broader All Ordinaries index was down 5.1 [...]

Economists looked by MarketWatch had expected the Labor Department to report an increase in initial claims, to 410,000.Trading in U.S. stock futures followed a choppy pattern with investors on edge after the previous session’s plunge, while shares of Cisco Systems Inc. CSCO +16.10% rallied in premarket trade on better-than-expected results. Futures on the Dow Jones [...]

Roland Randall, strategist at TD Securities, said the U.S. downgrade was “another tick in the box for the long-term bears, and that’s the real concern — that it makes people a bit more pessimistic on the long-term economic outlook.” China’s Shanghai Composite Index CN:000001 -3.79% , South Korea’s Kospi KR:0100 -3.82% and Taiwan’s Taiex each [...]

Futures on the Dow Jones Industrial Average DJ1U -1.93% slumped 245 points to 11,159. Futures on the Standard & Poor’s 500 index SP1U -2.15% dropped 29.30 points to 1,168.50 and those on the Nasdaq 100 ND1U -2.28% sank 54.50 points to 2,132.50. After the close of Wall Street trading on Friday, Standard & Poor’s downgraded [...]

Watching the broader oil sector, the NYSE Arca Oil Index XX:XOI -0.23% shed 0.2% to end at 1,148.91 points. Year to date, it’s down 5.3%. The Philadelphia Oil Service Sector Index OSX -0.87% lost 0.9% to 237.20 points, closing 13% lower week to date. New Hub: Jobless rate ticks down On the heels of a [...]

“People are worried about liquidity and where the economy is going and don’t see any sort of life preserver as yet,” said Doug Roberts, chief investment strategist at Channel Capital Research. On Friday, not even a better-than-expected July jobs report, which included upward revisions to May and June and a drop in the unemployment rate [...]