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need to know
Oil prices stumble as the week begins
Dollar falls as stock weakness rallies yen
Italy’s Eni discovers ‘supergiant’ gas field
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Alaska’s Mount McKinley to be renamed Denali
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Apple will double the cost of next Apple TV

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BlackBerry is a better buyout target than Twitter

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Scott Walker wants to build a wall — with Canada
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Happy 85th birthday to the $67 billion man


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/conga/frontpage.html 353657

Markets »

131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
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 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,365 -8 0.35%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.10%
Oil
/quotes/zigman/2331095/delayed 44.27 -0.95 2.10%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,185 -114 1.11%
CAC 40
/quotes/zigman/3173214/delayed 4,629 -46 0.98%
FTSE MIB
/quotes/zigman/1482176/delayed 21,879 -115 0.52%
IBEX 35
/quotes/zigman/2759620/delayed 10,245 -108 1.05%
Stoxx 600
/quotes/zigman/2380150/delayed 362 -1 0.36%
Asia Dow
/quotes/zigman/6959860/realtime 2,786 -12 0.44%
Nikkei 225
/quotes/zigman/5986735/delayed 18,890 -246 1.28%
Hang Seng
/quotes/zigman/2622475/delayed 21,671 +58 0.27%
Shanghai
/quotes/zigman/1859015/delayed 3,206 -26 0.82%
Sensex
/quotes/zigman/1652085/delayed 26,280 -112 0.43%
Singapore
/quotes/zigman/1709939/delayed 2,921 -35 1.17%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.20%
Yen
/quotes/zigman/16008150/realtime/sampled 121.30 -0.40 0.33%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.07%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.57%
DXY Index
/quotes/zigman/1652083/delayed 95.96 -0.02 0.02%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.56 +0.06 0.07%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.01 0.65%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.02 2.60%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 +0.01 0.46%
Spain 10yr
/quotes/zigman/15866444/realtime 2.06 +0.00 0.05%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 0.00 0.55%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 2.10%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.10%
Corn
/quotes/zigman/7599553/delayed 375 0 0.00%
DJIA F
/quotes/zigman/38649152/delayed 16,488 -171 1.03%
S&P F
/quotes/zigman/30356461/delayed 1,969 -21 1.04%
Silver
/quotes/zigman/3134148/delayed 15 0 0.27%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
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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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Facebook IPO Friends First-Time Investors

Facebook’s IPO inspired scores of first-time investors to put their money where their status updates are.

Many of those who bought shares of Facebook Friday appear to be new to stocks. ShareBuilder.com, which allows retail investors to make direct investments online, says 40% of all queries in the last 24 hours related to Facebook’s IPO and reported a 20-fold increase on the number of new client accounts opened in the last week. Max Wolff, an analyst at Greencrest Capital Management in New York, estimates that retail investors will make up around 20% of Facebook’s IPO – more than the usual 10% to 15% for an one of this kind. “A lot of Facebook members are turning into first-time investors,” he says. “For them it’s magical, it’s sentimental, it’s a global media event.”

In fact, some first-time investors acknowledge that they’re betting on Facebook because of the hype – not despite it. Michael McHale, a New York-based artisan industrial chandelier maker, spent $1,500 advertising on Facebook and $1,000 on shares. “Return on my first investment in Facebook was zero,” he says. “Facebook has not come up with once in conversation with any of my new clients.” He’s more hopeful for his stock. “I don’t expect to hold onto it for long,” McHale says.

Other first-time investors are taking a longer term approach. Michael Provitera, a professor of organizational behavior at Barry University in Miami Shores, Fla., bought $4,000 worth of shares. “Over 10-20 years it should be a great investment,” he says.

Some experts are skeptical. They say any investor — and especially someone new to the stock market — should make their decisions based on the company’s valuation. At its IPO price, Facebook is valued at around 25 times sales, says Brian Hamilton, CEO of Sageworks, a financial information company based in Raleigh, NC. If Apple was valued at a multiple comparable to Facebook, its would be worth $2.7 trillion rather than its current market capitalization of $500 billion, he says. Wolf agrees, adding that the only first-time investors who will win big will be the estimated 1,000 Facebook employees who are expected to become overnight millionaires. As for the other first timers: “Those people who are buying into Mark Zuckerberg’s success story should buy his biography instead,” he says. “It’s cheaper than the shares and they can re-gift it.”

Novice investors are better spending their money elsewhere, analysts say. Charles Sizemore, a financial adviser in Dallas, Tx., recommends small investors diversify among several dividend-payers that are trading at low prices relative to earnings; he suggests other household names like Johnson & Johnson and Procter & Gamble.

Still, these virgin investors say they’ve missed out investing in companies early. “Caution,” McHale says, had always prevented him from dabbling in stocks in the past. Provitera says that given the stock’s appreciation, he’d be a lot better off had he bought Apple when the iPhone was originally released in 2007. He didn’t want to make the same mistake with Facebook. “You should stand by the product that you love and that you’re a part of,” Provitera says. “If you use Facebook, buy it.”

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

New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 -1.0% /quotes/zigman/38649152/delayed DOW -1.0% /quotes/zigman/30356458/delayed NASDAQ -0.9%

need to know
Oil prices stumble as the week begins
Dollar falls as stock weakness rallies yen
Italy’s Eni discovers ‘supergiant’ gas field
Biden polls better than Clinton against top GOP
Nassim Taleb’s ‘Black Swan’ fund made $1 bln
Alaska’s Mount McKinley to be renamed Denali
Staples, Office Depot to delay close of merger
5 silly new words in the Oxford dictionary

Apple will double the cost of next Apple TV
Apple will double the cost of next Apple TV

Apple, Amazon, Google shares on shopping lists

Why BlackBerry is a more attractive buyout target than Twitter
BlackBerry is a better buyout target than Twitter

Investing in energy stocks could land you in a huge ‘value trap’
Energy stocks could be a huge ‘value trap’

Scott Walker wants to build a wall — with Canada
Scott Walker wants a wall — with Canada

Sunday is Warren Buffett's 85th birthday
Happy 85th birthday to the $67 billion man


Now is the time to fix your investment portfolio
Now is the time to fix your investment portfolio
Both worry, be happy stocks aren’t a sure bet

Facebook users flood Mark Zuckerberg with thank you’s
Facebook users flood Zuckerberg with thanks


‘War Room’ is a ‘resounding success’ at box office

10 money stories you might have missed but shouldn’t have
10 money stories you shouldn’t have missed

By this measure, stocks have weathered the worst
By this measure, stocks have weathered the worst

Atlantic hurricanes lose sway over oil-and-gas market
Atlantic hurricanes lose sway over oil, gas markets

Blue-chips with fat dividends offer value


These are the best jobs for millennials
These are the best jobs for millennials


Have kiddie birthday parties gone too far?

Parents: You’re putting your kids in danger
Parents: You’re putting your kids in danger

Cheeseburgers and happiness always on the menu for Warren Buffett — and Jimmy Buffett, too
Farrell: Recipes for happiness, from Buffett and others

Harry Styles makes more waves for SeaWorld
Harry Styles makes more waves for SeaWorld

Never use a market order when stocks are selling off
Schwab site hit by outages in busy trade stretch
Lack of fear means this correction isn’t finished

Most imposing stock ‘wall of worry’ in 5 years
Worried? With good advice, you won't be

Meet the author of one of Wall Street’s best-read blogs
Meet the author of a best-read Wall Street blog

New Orleans 10 years after Hurricane Katrina
New Orleans 10 years after Hurricane Katrina
Hurricane Katrina: Looking back and forward
Obama in New Orleans to mark 10 years




/conga/frontpage.html 353657

Markets »

131.79MDow Volume:
Avg Vol: 112.32M
Unchanged
186
Decliners
2190
Advancers
4209
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 16,643 -12 0.07%
Nasdaq
/quotes/zigman/12633936/realtime 4,828 +16 0.32%
S&P 500
/quotes/zigman/3870025/realtime 1,989 +1 0.06%
GlobalDow
/quotes/zigman/629063/realtime 2,365 -8 0.35%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.11%
Oil
/quotes/zigman/2331095/delayed 44.29 -0.93 2.06%
FTSE 100
/quotes/zigman/3173262/delayed 6,248 +56 0.90%
DAX
/quotes/zigman/2380246/delayed 10,185 -114 1.10%
CAC 40
/quotes/zigman/3173214/delayed 4,629 -46 0.98%
FTSE MIB
/quotes/zigman/1482176/delayed 21,880 -114 0.52%
IBEX 35
/quotes/zigman/2759620/delayed 10,245 -108 1.05%
Stoxx 600
/quotes/zigman/2380150/delayed 362 -1 0.36%
Asia Dow
/quotes/zigman/6959860/realtime 2,786 -12 0.44%
Nikkei 225
/quotes/zigman/5986735/delayed 18,890 -246 1.28%
Hang Seng
/quotes/zigman/2622475/delayed 21,671 +58 0.27%
Shanghai
/quotes/zigman/1859015/delayed 3,206 -26 0.82%
Sensex
/quotes/zigman/1652085/delayed 26,277 -115 0.44%
Singapore
/quotes/zigman/1709939/delayed 2,921 -35 1.17%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.21%
Yen
/quotes/zigman/16008150/realtime/sampled 121.29 -0.41 0.34%
Pound
/quotes/zigman/16008140/realtime/sampled 1.54 +0.00 0.08%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.71 0.00 0.54%
DXY Index
/quotes/zigman/1652083/delayed 95.96 -0.02 0.02%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.56 +0.06 0.07%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.17 -0.01 0.65%
German 10y
/quotes/zigman/15866409/realtime 0.73 -0.02 2.50%
Italy 10yr
/quotes/zigman/15866497/realtime 1.92 +0.01 0.50%
Spain 10yr
/quotes/zigman/15866444/realtime 2.07 +0.00 0.09%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.85 -0.02 0.96%
Japan 10yr
/quotes/zigman/15866525/realtime 0.38 0.00 0.55%
Crude Oil
/quotes/zigman/2331095/delayed 44 -1 2.06%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.11%
Corn
/quotes/zigman/7599553/delayed 375 0 0.00%
DJIA F
/quotes/zigman/38649152/delayed 16,490 -169 1.01%
S&P F
/quotes/zigman/30356461/delayed 1,969 -21 1.03%
Silver
/quotes/zigman/3134148/delayed 15 0 0.27%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 91.01 1.28 1.43%
AAPL /quotes/zigman/68270/composite 113.29 0.37 0.33%
GOOG /quotes/zigman/30194416/composite 630.38 -7.23 -1.13%
BAC /quotes/zigman/190927/composite 16.36 -0.08 -0.49%
C /quotes/zigman/5065548/composite 53.28 -0.16 -0.30%
F /quotes/zigman/264304/composite 13.74 0.18 1.33%
T /quotes/zigman/398198/composite 33.29 -0.15 -0.45%
BP /quotes/zigman/247026/composite 33.26 0.23 0.70%
GE /quotes/zigman/227468/composite 25.16 0.15 0.60%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

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/57221/composite ARIA+41.69%
  • /quotes/zigman/7601800/composite JOY-1.23%
  • /quotes/zigman/237403/composite OXM-1.18%
  • /quotes/zigman/118648/composite GRMN-0.45%
  • /quotes/zigman/55989606/composite ACI+16.79%
X
Powered by StockTwits
Link to MarketWatch's Slice.

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

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

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