Optimism over Spain's request for a bailout were wiped out by concerns over the slowdown of the global economy as the markets sank into negative territory this afternoon.
Automakers posted monthly auto sales today, boosted by the sale of small cars. Among those reporting a gain in September were GM (NYSE:GM), Toyota(NYSE:TM) and Chrysler (DAI). Ford (NYSE:F) did not fare as well, as it sold 200 fewer cars than it did in the same period a year ago.
Petsmart (PETM) will replace Sunoco (NYSE:SUN) in the S&P 500 on October 4th, according to the S&P Dow Jones Indices.
Sunoco is expected to be acquired by Energy Transfer Partners in a deal worth $5.3 billion.
Shares of clothing retailer Express (EXPR) are sharply lower today as the company cut its forecast for the current quarter and also warned of a weak holiday season.
Tomorrow, we'll take a look at the ADP employment report as well as earnings from Monsanto (MON) and Family Dollar (FDO)
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.