September futures on the S&P TSX index were unchanged at 0855 ET after a drop on Thursday when markets were jolted by Argentina’s debt default. Other data on Friday showed that U.S. consumer spending rose for a fifth straight month in June. Dow Jones Industrial Average e-mini futures were down 0.13 percent at 0855 ET, while S&P 500 e-mini futures were down 0.13 percent. Nasdaq 100 e-mini futures were down 0.05 percent.
Stocks slide for 2nd day, but good news on jobs – Post and Courier
<img src='http://i.imgur.com/H1LQhZx.jpg' width='500px' alt='Specialist Anthony Rinaldi is reflected in one of the screens at his post Friday on the floor of the New York Stock Exchange. U.S. http://www.todayhotstocks.com/ stocks declined for a second day Friday but investors focused on a relatively strong jobs report for July.’ style=’float:left;padding:5px’ />
U.S. stocks declined for a second day Friday but investors focused on a relatively strong jobs report for July. Richard Drew/AP NEW YORK – U.S. stocks fell for a second day Friday, adding to the massive sell-off the day before and giving the market its worst week in two years.
Stocks End Lower Amid Flurry of Data – Yahoo Finance
The Dow Jones Industrial Average logged its deepest weekly drop in six months. The benchmark S&P 500 logged a weekly loss of about 2.6%, its largest slide since the week ended April 11. The July jobs data helped calm investors’ concerns about interest-rate timing, but the Portuguese banking situation and deteriorating conditions in the Middle East overshadowed mostly market friendly economic data. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.
Stocks Slump For Fourth Day With European Banking Woes Weighing on Global Equities – NASDAQ.com
The firm said that excluding one-time and other special items the firm earned 95 cents a share compared to 79 cents in the year-ago quarter. Organic revenue, which excludes the impact of acquisitions, divestitures and currency movements, rose 2% in the quarter. Gross margin shrank to 47.2% from 47.9% in the quarter. Chevron (CVX) reported today that is earnings per share rose to $2.98 from $2.77 in the year-ago quarter.