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
Write a Story/Review about this topic

Post a Comment

 
Need to Get Away?
Top 10 Business Hotels
Who says you can’t 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
From Grape to Bottle: Take Part in La Crema Winery's Virtual Vintner Experience
Windfall's Glittering Crystal Chandeliers: Good Enough for Cavalli, Good Enough for Us
Artefacto's Milan-Inspired Warm Metals Furniture Collection Brings Hollywood Glamour & Curves
Fluid Sculptural Staircase Makes This Exotic Mumbai Flat a Must-See
Award-Winning Designer Campion Platt Discusses Just What Makes a Home Luxury
Finnair Unveils Their Flagship Next-Generation Airbus A350 XWB Aircraft
Inside Look: Patrón Secret Dining Society Hosts Yet Another Ultra-Exclusive Event
Gooding & Company Realizes Over $106M & Sets 16 New Records at Pebble Beach Concours d'Elegance Auction
Airstream Announces New 24-Foot Mercedes Touring Coach Just in Time for Your Next Road Adventure
Limited Edition Radius Ti Titanium iPhone Case Perfect for Patrick Stewart
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE