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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 31, 2011
Page
9
New York stocks closed 2011 little changed from the year’s start. The S&P 500 at 1,257, up 5 points or 0.4 percent. the Dow at 12,218, down 69 points or 0.6 percent. the Nasdaq at 2,605, down 9 points or 0.3 percent. Market breadth was roughly even on the NYSE.
A CareerBuilder forecast based on a Harris Interactive survey of over 3,000 hiring managers and HR professionals finds 24 percent of West employers plan to recruit full time permanent staff in 2012, though the region also shows the highest downsizing. The note adds markets will be closed Monday.
The European debt crunch rattled markets and global economies as leaders sought to avert a 2008-like collapse. Other major items include a weak U.S. economy recovery, Steve Jobs death, U.S. credit downgrade, Murdoch hacking scandal, Japan earthquake impact, record gasoline prices, social media IPOs, Occupy Wall Street, and MF Global fallout with missing customer funds.
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