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need to know
GoPro stock drops after key supplier’s outlook
Oil prices keep sliding; WTI down2%
Europe stocks waver | FTSE 100 regains ground

China stocks rebound from day’s sharp selloff
Intel overhauls chip business to revive PC sales
Tesco closes in on $7 bln S. Korea deal
AT&T urges rejection of TRC Capital offer
Amgen finds data falsified in diabetes study


Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves

Still too many gold market bulls, says Hulbert
Morgan Stanley cuts S&P 500 price target
Tuesday’s 10 weakest S&P 500 stocks

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Never use a market order when stocks are selling off

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
LA: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

Uber drivers lawsuit  endangers much more than Uber
Uber driver suit can proceed as class-action

How China turned minor yuan issue into global rout
Beijing bumbling is China’s biggest problem

McDonald’s set to offer all-day breakfast

No. 1 restaurant for ‘breakfastarians’ is ...
Teacher with 111 tardies blames breakfast

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

How LVMH poached Apple digital exec Ian Rogers

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
New on the shelves of your Apple Store: drones
Apple talks to Hollywood for exclusive content
Lost Apple deal leads to 40% job cut at GT

Unlucky lottery winner gets IOU from Illinois

The 11 richest people on the planet under 35
The 11 richest people on the planet under 35

Babe Ruth’s New York apartment is for sale

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead
U.S. car sales are stronger than expected

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA

Building is emerging as strongest sector of economy
U.S. manufacturing growth at 2-year low: ISM


/conga/frontpage.html 353914

Markets »

171.39MDow Volume:
Avg Vol: 111.86M
Unchanged
163
Decliners
5264
Advancers
1172
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,058 -470 2.84%
Nasdaq
/quotes/zigman/12633936/realtime 4,636 -140 2.94%
S&P 500
/quotes/zigman/3870025/realtime 1,914 -58 2.96%
GlobalDow
/quotes/zigman/629063/realtime 2,291 -4 0.19%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Oil
/quotes/zigman/2331095/delayed 44.63 -0.78 1.72%
FTSE 100
/quotes/zigman/3173262/delayed 6,064 +6 0.10%
DAX
/quotes/zigman/2380246/delayed 10,041 +26 0.26%
CAC 40
/quotes/zigman/3173214/delayed 4,551 +10 0.21%
FTSE MIB
/quotes/zigman/1482176/delayed 21,610 +158 0.74%
IBEX 35
/quotes/zigman/2759620/delayed 9,960 -33 0.33%
Stoxx 600
/quotes/zigman/2380150/delayed 353 +0 0.02%
Asia Dow
/quotes/zigman/6959860/realtime 2,703 -14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 -0.01 0.47%
Yen
/quotes/zigman/16008150/realtime/sampled 120.05 +0.68 0.57%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.15%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.10%
DXY Index
/quotes/zigman/1652083/delayed 95.70 +0.32 0.34%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.49 +0.32 0.37%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 +0.01 0.29%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 2.21%
Italy 10yr
/quotes/zigman/15866497/realtime 1.99 -0.01 0.40%
Spain 10yr
/quotes/zigman/15866444/realtime 2.14 +0.01 0.38%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.80 -0.03 1.46%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 45 -1 1.72%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Corn
/quotes/zigman/7599553/delayed 368 -1 0.27%
DJIA F
/quotes/zigman/38649152/delayed 16,195 +108 0.67%
S&P F
/quotes/zigman/30356461/delayed 1,928 +12 0.62%
Silver
/quotes/zigman/3134148/delayed 14 0 1.03%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.23 -2.20 -2.46%
AAPL /quotes/zigman/68270/composite 107.72 -5.04 -4.47%
GOOG /quotes/zigman/30194416/composite 597.79 -20.46 -3.31%
BAC /quotes/zigman/190927/composite 15.58 -0.76 -4.65%
C /quotes/zigman/5065548/composite 50.94 -2.54 -4.75%
F /quotes/zigman/264304/composite 13.72 -0.15 -1.08%
T /quotes/zigman/398198/composite 32.32 -0.88 -2.65%
BP /quotes/zigman/247026/composite 32.14 -1.40 -4.17%
GE /quotes/zigman/227468/composite 23.88 -0.94 -3.79%
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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

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Will Wall Street Landlords Be Good Neighbors?

As Wall Street increasingly occupies the role of landlord, housing experts say home sellers may have much to cheer about. But for renters and would-be home buyers, a mass purchase of foreclosed properties may be unwelcome news.

Fannie Mae is offering a collection of around 2,500 single-family foreclosed properties scattered across the country for sale to big business, according to documents issued today by the quasi-government agency and Credit Suisse.  The sale marks a shift in policy from the 240,000 homes Fannie sold individually last year to families and small investors who would rent or flip the properties, the Wall Street Journal reports.

By snatching up thousands of the foreclosed properties, Wall Street may help prop up home prices, says David Abuaf, chief investment officer at Hefty Wealth Partners in Auburn, Ind. “It’s getting rid of the poor-performing and unkempt homes in an area,” he says. “The average price for a home in the neighborhood will go up.” In addition, as these properties get renovated, he expects renters to pay more as well.

Boarded-up homes can lower the price on even well-maintained properties nearby, studies have shown. House values fall almost 1% when they’re within one-eighth of a mile from a foreclosed single-family residence, according to the Woodstock Institute, a research group, and the Georgia Institute of Technology.  Leonard P. Baron, a lecturer in real estate at San Diego State University, says the areas being targeted — Florida and California, among others — were hard hit in the housing bust.

On the other hand, regular home buyers may stand to lose when Wall Street moves in. Abuaf says it could make it harder for families to buy a foreclosed home at a cheap price. Private equity investors, hedge funds and broker-dealers will likely be able to fork over a much larger down payment. “Even smaller investors who flip properties will have much tougher competition,” Abuaf says.

But Patrick O’Keefe, director of economic research at J.H. Cohn consultants in Roseland, N.J., says the program would have to take off to really impact home buyers, especially with house prices still 25% below their peak.

Others are skeptical that large investors will find single-family homes an attractive investment. Each of these units will have their own unique set of problems, says Kevin Finkel, executive vice-president and director of acquisitions at Philadelphia, Penn.-based Resource Real Estate. “Buying single-family homes has typically been a horrible investment for everyone,” he says. O’Keefe says this will be regarded as a test case or pilot for large investors mulling similar projects.

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MarketWatch - Stock Market Quotes, Business News, Financial News
Investor Alert

New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 +0.6% /quotes/zigman/38649152/delayed DOW +0.7% /quotes/zigman/30356458/delayed NASDAQ +0.7%

need to know
GoPro stock drops after key supplier’s outlook
Oil prices keep sliding; WTI down2%
Europe stocks waver | FTSE 100 regains ground

China stocks rebound from day’s sharp selloff
Intel overhauls chip business to revive PC sales
Tesco closes in on $7 bln S. Korea deal
AT&T urges rejection of TRC Capital offer
Amgen finds data falsified in diabetes study


Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves

Still too many gold market bulls, says Hulbert
Morgan Stanley cuts S&P 500 price target
Tuesday’s 10 weakest S&P 500 stocks

China stock market to close for World War II anniversary
China tightens controls to fight capital outflows

Never use a market order when stocks are selling off

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide

Workers don’t do better in unions
Opinion: Workers don’t do better in unions
Raising wages to $15 would raise prices by 4%
LA: $15 wage will lift 600,000 out of poverty

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors

Uber drivers lawsuit  endangers much more than Uber
Uber driver suit can proceed as class-action

How China turned minor yuan issue into global rout
Beijing bumbling is China’s biggest problem

McDonald’s set to offer all-day breakfast

No. 1 restaurant for ‘breakfastarians’ is ...
Teacher with 111 tardies blames breakfast

Where every Fed member stands on raising rates

Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

How LVMH poached Apple digital exec Ian Rogers

What to expect at September Apple event
What to expect from the Apple event on Sept. 9
New on the shelves of your Apple Store: drones
Apple talks to Hollywood for exclusive content
Lost Apple deal leads to 40% job cut at GT

Unlucky lottery winner gets IOU from Illinois

The 11 richest people on the planet under 35
The 11 richest people on the planet under 35

Babe Ruth’s New York apartment is for sale

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead
U.S. car sales are stronger than expected

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA

Building is emerging as strongest sector of economy
U.S. manufacturing growth at 2-year low: ISM


/conga/frontpage.html 353914

Markets »

171.39MDow Volume:
Avg Vol: 111.86M
Unchanged
163
Decliners
5264
Advancers
1172
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,058 -470 2.84%
Nasdaq
/quotes/zigman/12633936/realtime 4,636 -140 2.94%
S&P 500
/quotes/zigman/3870025/realtime 1,914 -58 2.96%
GlobalDow
/quotes/zigman/629063/realtime 2,291 -4 0.19%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Oil
/quotes/zigman/2331095/delayed 44.63 -0.78 1.72%
FTSE 100
/quotes/zigman/3173262/delayed 6,064 +6 0.10%
DAX
/quotes/zigman/2380246/delayed 10,041 +26 0.26%
CAC 40
/quotes/zigman/3173214/delayed 4,551 +10 0.21%
FTSE MIB
/quotes/zigman/1482176/delayed 21,610 +158 0.74%
IBEX 35
/quotes/zigman/2759620/delayed 9,960 -33 0.33%
Stoxx 600
/quotes/zigman/2380150/delayed 353 +0 0.02%
Asia Dow
/quotes/zigman/6959860/realtime 2,703 -14 0.53%
Nikkei 225
/quotes/zigman/5986735/delayed 18,095 -70 0.39%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,454 -243 0.95%
Singapore
/quotes/zigman/1709939/delayed 2,878 -5 0.16%
Euro
/quotes/zigman/16008136/realtime/sampled 1.13 -0.01 0.47%
Yen
/quotes/zigman/16008150/realtime/sampled 120.05 +0.68 0.57%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.15%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.10%
DXY Index
/quotes/zigman/1652083/delayed 95.70 +0.32 0.34%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.49 +0.32 0.37%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.16 +0.01 0.29%
German 10y
/quotes/zigman/15866409/realtime 0.78 -0.02 2.21%
Italy 10yr
/quotes/zigman/15866497/realtime 1.99 -0.01 0.40%
Spain 10yr
/quotes/zigman/15866444/realtime 2.14 +0.01 0.38%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.80 -0.03 1.46%
Japan 10yr
/quotes/zigman/15866525/realtime 0.39 +0.03 8.56%
Crude Oil
/quotes/zigman/2331095/delayed 45 -1 1.72%
Gold
/quotes/zigman/662444/delayed 1,138 -2 0.18%
Corn
/quotes/zigman/7599553/delayed 368 -1 0.27%
DJIA F
/quotes/zigman/38649152/delayed 16,195 +108 0.67%
S&P F
/quotes/zigman/30356461/delayed 1,928 +12 0.62%
Silver
/quotes/zigman/3134148/delayed 14 0 1.03%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 87.23 -2.20 -2.46%
AAPL /quotes/zigman/68270/composite 107.72 -5.04 -4.47%
GOOG /quotes/zigman/30194416/composite 597.79 -20.46 -3.31%
BAC /quotes/zigman/190927/composite 15.58 -0.76 -4.65%
C /quotes/zigman/5065548/composite 50.94 -2.54 -4.75%
F /quotes/zigman/264304/composite 13.72 -0.15 -1.08%
T /quotes/zigman/398198/composite 32.32 -0.88 -2.65%
BP /quotes/zigman/247026/composite 32.14 -1.40 -4.17%
GE /quotes/zigman/227468/composite 23.88 -0.94 -3.79%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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MarketWatch Portfolio

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Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/12221594/composite AMBA-6.30%
  • /quotes/zigman/85741/composite TASR-3.85%
  • /quotes/zigman/130316/composite NAV-2.69%
  • /quotes/zigman/219890/composite HRB-3.15%
  • /quotes/zigman/11592504/composite DGLY-5.64%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

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  • Personalized news and quote email alerts
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