Buffett Says Weak Demand Hurting Retail and Other Sectors
US stocks slid for a sixth day as weaker global growth and Europe debt fears weighed on earnings. Buffett told CNBC weak demand hurts his retail jewelry and other businesses, while Europe and China data added pressure. Dow fell 31.26 points to 12573.27, S&P 500 off 6.69, Nasdaq down 21.79. Spain's market slipped 2.6 percent as borrowing costs rose.
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Standard & Poor
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CNBC
Europe
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Fastenal
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Supervalu
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Auto plant closings trimmed jobless claims in week
U S Labor data show unemployment benefit applications fell to 350,000 the lowest since March 2008, helped by lighter auto plant shutdowns. Ford shortened its July closure to one week and Chrysler canceled two shutdowns at three plants, boosting auto sales and masking seasonal factors.
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Washington
U.S
Labor Department
Ford Motor Co
Chrysler
Senate Rejects Both Parties Tax Cut Proposals
The Senate killed rival Democratic and Republican business tax cut bills in a polarized vote. Democrats failed to reach 60 votes, with Manchin opposing, while Brown and Heller supported the measure. The GOP bill failed 73 to 24, and Cantor faced considerable GOP dissent over funding the $46 billion plan.
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Getco Securities
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Ewer
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Texa Commission On the Arts
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Dad Ae Rae OM Niasay
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Hibiscus Sr
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THE
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Signature
Petites’ Sportswear
Dillard’s Woman Sportswear
Dillard’s
Dillard
Erchandisa
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