| Dow | 12,505.76 | -151.44 | -1.20% |
| Nasdaq | 2,802.62 | -57.19 | -2.00% |
| S&P 500 | 1,319.49 | -24.31 | -1.81% |
| Russell 2000 | 833.54 | -19.03 | -2.23% |
Monday, 11 July 2011 Economic Data
-no data
What move the market
Financial health of countries in eurozone periphery called back into question -- Europe's bourses drop precipitously
Dollar spikes against euro
Oil prices slide, but gold stages gain
Blue Chip Alcoa (AA) scheduled to [unofficially] start earnings season after the close
Read more: http://briefing.com/investor/markets/stock-market-update/#ixzz1Rt5Hb6PW
Tuesday, 12 July 2011 Economic Data
| 8:30am | USD | Trade Balance |  | -44.1B | -43.7B |  | ||
| 10:00am | USD | IBD/TIPP Economic Optimism | | 45.7 | 44.6 | | ||
| 2:00pm | USD | FOMC Meeting Minutes | |
News
- U.S. stock futures dropped on Tuesday, joining a global-markets rout, as fears that the euro-zone debt crisis is spreading to large economies such as Italy unnerved traders and led them to sell assets seen as risky.
- European stock markets slumped again Tuesday as investors continued to dump bank stocks amid fears that the sovereign-debt crisis is accelerating.
- Moody’s Investors Service on Tuesday identified “red flags” involving accounting, governance and other issues at several Chinese companies, with the report sparking a record share-price drop in one company mentioned and big declines in several others.
- Alcoa Inc. on Monday reported an improved second-quarter profit, but shares of the biggest U.S. aluminum producer pulled back from closing levels late as the results came up just shy of Wall Street targets.
Summary
News doesn't show any sign of lights at all with much uncertainty.
Tuesday, 12 July 2011 Market Direction : Down
Accuracy : (5/8)
Accuracy : (5/8)
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