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Feb 3, 2014

AL Jazeera English February 03, 2014: Interview: Corruption in the EU bloc.

Al Jazeera English Al Jazeera English

INFOWARS February February 03, 2014: Gov. Jesse Ventura:Courage to Reveal Conspiracy

Bloomberg | The market Now February 03, 2014: The Market Belly Flop | SoftBank Loses $25 Billion in Value | Nazi-Era Fortunes.

The news that drives the U.S. and global markets.
February 3, 2014For more, visit >>
The Stock Market Takes a a Bobsled Ride Down the Mountain
by Mark Gimein

Slaughter is the best word for what's happened in the U.S. stock market today, with the S&P 500 down 2.28%. For those looking for a proximate explanation, today's awful manufacturing and auto sales numbers provide one close at hand. Manufacturing orders fell by the most in a month since 1980; General Motors Co. and Ford Motor posted major drops in sales.

If indeed those are the causes of today's market decline, then today's eruption might be a pimple on the tail of the bull market. Both the manufacturing data (via the Institute for Supply Management) and the auto sales are probably victims of January's blistering cold. The folks who didn't visit the dealership this month will come back when it's warmer.

Unfortunately, there's a less optimistic way of looking at today's decline: It's really a continuation of the worldwide decline that's been going strong for two weeks. This is the theory that TMN leans toward.  If investors had wanted to shrug off the manufacturing data, they would have.

It seems more likely that the malady of the world's more fragile economies --inflation and devaluation in Argentina, the political turmoil in Turkey, the meltdown in Ukraine -- has infected the major stock exchanges. If so, the question for the next days is just what illness U.S. markets have caught: a cold, a flu or something worse.
U.S. Stocks Slump Most Since June Amid Weak Factory DataU.S. stocks fell, sending benchmark indexes to their biggest declines since June, as manufacturing in the world's largest economy slowed more than estimated. All but nine stocks in the Standard & Poor's 500 Index slipped.  Read the full storynyse-floor
SoftBank Sees Value Decline $25 Billion Amid U.S. ChallengesSoftBank Corp. (9984) founder Masayoshi Son's U.S. ambitions are taking a toll at home.  SoftBank has declined for nine straight days in Tokyo, dragged down by concerns about Sprint Corp. (S), the U.S. carrier it bought last July. Undaunted, Son is considering doubling down in the region with a deal for T-Mobile US Inc. (TMUS) -- another source of investor anxiety. Read the full storymasayoshi-son
Barclays CEO Jenkins Turns Down 2013 Bonus After LitigationBarclays, the U.K.'s second-largest bank by assets, said last month it would take a charge of 330 million pounds for regulatory penalties and lawsuits in the fourth quarter after its rights offering last year. Regulators are investigating Barclays for possible manipulation of foreign-exchange markets. Read the full storyjenkins-photo
Romanians Reject Euro Loans After Hungary DisasterRomania, using record-low interest rates to rebuild a housing market devastated by the economic crisis, is forcing homebuyers to abandon cheap euro-denominated mortgages. The changes come after hundreds of thousands of homebuyers in neighboring Hungary who took out Swiss-franc loans were hurt by a slump in their own currency. Read the full storyromania-img
Read more news at >>
Histories of Wealth Nazi-Forged Fortune Creates Hidden German Billionaires
THE MARKET NOW is brought to you from the desk of:


Mark Gimein
Companies and Markets Editor,
Twitter: @markgimein

NYT | ALERT FGC BOLSA - FGC FINANCIAL MARKETS February 03, 2014: Back to Job Hunt After Sharing State of the Union Spotlight.

The New York Times | MY ALERTS


Compiled: February 3, 2014 07:06:43 PM

Back to Job Hunt After Sharing State of the Union Spotlight
President Obama mentioned Misty DeMars’s job search in the State of the Union address, although it has not led to any offers. Yet.

WSJ | Major Indexes Closing February 03, 2014.

Major Indexes Closing
Major Indexes6:00 p.m. EST 02/03/14
DJ Transportation Average*7053.75-235.43-3.23
DJ Utility Average*501.67-4.59-0.91
Nasdaq 100*3440.50-81.42-2.31
S&P 500*1741.89-40.70-2.28
S&P 400 Mid-Cap*1265.61-47.47-3.62
S&P 600 Small-Cap*620.26-19.25-3.01
DJ Total Stock Market*18330.64-457.19-2.43
NYSE Composite*9741.58-226.07-2.27
NYSE Financial*5931.83-148.74-2.45
Russell 2000*1094.58-36.30-3.21
NYSE MKT Composite*2260.12-27.42-1.20
KBW Bank*65.50-1.83-2.72
PHLX Gold/Silver*89.93-0.79-0.87
PHLX Housing Sector*195.29-5.64-2.81
PHLX Oil Service*259.99-4.21-1.59
PHLX Semiconductor*517.46-11.72-2.21
See All Major U.S. Indexes
Markets Diary6:15 p.m. EST 02/03/14
New 52 Week High37487
New 52 Week Low1317510
Major World Indexes4:40 p.m. EST 02/03/14
Global Dow*2349.71-40.21-1.68
DJ Global Index*297.11-5.04-1.67
DJ Global exUS*225.70-2.30-1.01
Stoxx Europe 50*2809.99-43.34-1.52
UK: FTSE 100*6465.66-44.78-0.69
Germany: DAX*9186.52-119.96-1.29
Japan: Nikkei 225*14619.13-295.40-1.98
Hong Kong: Hang Seng*22035.42-106.19-0.48
See All Major World Indexes
Indexes may be real-time or delayed based on exchange requirements.

Sources: SIX Financial Information; WSJ Market Data Group