Home Wealth  Money New Week, Same Sour Note For Stocks

New Week, Same Sour Note For Stocks

Posted: Nov. 23rd, 2012  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

Investors are ringing in the new trading week on a sour note as the congressional "super-committee" in charge of lowering the deficit is expected to condede defeat, reignited the debate over taxing and spending, and opening the door for another US downgrade.

In overseas trading, Japan's Nikkei 225 Stock Average was lower by about a third of a percent, and the Hang Seng Index was higher by about 1.4 percent.

The FTSE 100 was was lower by almost 2.2 percent, and the German DAX was lower by 2.9 percent.

In the US, markets are sharply lower this morning.

Some key data due to be released this week includes GDP on Tuesday and initial claims on Wednesday.

On the earnings front, expect to hear from Books A Million and Chicos on Tuesdaym Deere and Co (nyse: DE - news - people ) on Wednesday, Trailer Bridge (nasdaq: TRBR - news - people ) on Thursday, and China Natural Resources (nasdaq: CHNR - news - people ) on Friday.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Need to Get Away?
Top 10 Business Hotels
Who says you canít mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
The 2018 Audi A5 Sportback: A Stunning $60,000 Luxury Car For Only $42,000
6 Gorgeous U.K. Wedding Venues from Film and Television
Satellite Headphones Aim to be the High Def Personal Audio System You Have to Have
Pushing the 2017 Cadillac XT5 Luxury Crossover to the Limits in Death Valley
Dining Out in Scotland: Europeís Next Great Food Destination
#NotACrime: Street Artist ELLE Promotes Education Equality Through Public Murals
Germany Luxury Brand Montblanc Launches the 1926 Heritage Collection
Magnetic Estates: Calle Isabella, San Clemente, California
15 Must-Haves for the Luxe-Minded Glamper
FOOD & WINE Classic In Aspen Kicks Off Summer In Style
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE