Stocks Rally Feels Fleeting Amid Uncertain Outlook
The third quarter delivered an 11 percent stock gain led by a few traders, with September posting strong returns but analysts warning the rally may not last. Unemployment near 10 percent, a trading range, and thin participation from financials and health care stocks temper optimism as investors move cash into bonds.
MENTIONED IN THIS ARTICLE
Rob Arnott
Research Affiliates
Newport Beach
Calif
Standard & Poor
Dow
Jon Stein
Betterment.com
New York Stock Exchange
King Lip
Baker Avenue Asset Management
San Francisco
Investment Company Institute
Morris Mark
New York
Mark Asset Management
Fisher-Price recalls 10.9 million hazardous toys
Fisher-Price recalled nearly 11 million toys including tricycles after reports of injuries from a protruding ignition key and choking hazards in infant toys and high chairs. CPSC said defects led to a broad recall affecting 7 million trikes and 2.8 million more items, with Mattel noting a minor earnings impact.
MENTIONED IN THIS ARTICLE
Fisher-Price
Washington
Mattel Inc
Consumer Product Safety Commission
Scott Wolfson
CPSC
Mattel
Congress
East Aurora
New York
Juliette Reasher
Consumer-Product
China
Europe debt crisis deepens with Irish bailout boost
Ireland faces an additional 16 billion dollars to support its crippled banking system as Spain’s bond ratings are downgraded by a major agency. The fresh turmoil signals continued eurozone debt troubles despite past rescue efforts, with Greece already under strain earlier in the spring.
MENTIONED IN THIS ARTICLE
Europe
Ireland
Spain
Dublin
Greece
Market Close Report Sparks Mixed declines and gains
Thursday market snapshot shows Dow down 47.23 points to 10788.05, Nasdaq off 194.00 to 2368.62, and S&P 500 slipping 3.53 to 1141.20. Bond yields steady at 3.69 percent, corn down 9.25 cents to 4.96, soybeans up 7.15 dollars to 11.07, wheat down 9.25 cents to 7.08, oil up 2.11 to 79.97.
MENTIONED IN THIS ARTICLE
Chicago
Kansas City
New York
AIG bailout exit set to swap stake for stock
Treasury will swap its majority AIG stake for common stock and sell over time, as critics warn most TARP losses won't be recovered. The plan comes as Democrats face tough midterm elections and public anger over bailouts lingers.
MENTIONED IN THIS ARTICLE
New York
American International Group
Wall Street
AIG
Treasury
Congressional Budget Office
Norman Ornstein
American Enterprise Institute
Ornstein
Obama
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Associated Press
Federal Reserve
U.S
Fed
Richard Drew
Luke Dalton
Bloomberg News
Dow Industrials
Nasdaa
S&p
IARP
Massachusetts St
Bluedandelionkids
Raw Valley Farm
MERC
Liberty Hall
Community Mercantile Co-op
Lawrence Farmers’ Market
Lawrence Visitors’ Center
Douglas County Extension Office
Www
KawValleyFarmTour.org
23Rd Street
McDonald's
Laird Noller Ford
Witter
Ile
Home Builders Association
LawrenceParade
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