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Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’

Like this story, share it with millions of investors on M3 Like this story, share it with millions of investors on M3 Wall St Ahead: Mkt is oversold, but major cues say ‘Sell’ Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions.

Sensex, Nifty pare losses; SBI shoots up 4% post Q4 nos

Like this story, share it with millions of investors on M3 Sensex, Nifty pare losses; SBI shoots up 4% post Q4 nos The BSE Sensex and NSE Nifty pared somewhat losses in afternoon trade due to buying interest at lower levels in beaten down stocks.

Asia Stocks to Watch: As U.S. watches Facebook, Hong Kong eyes Tencent

By Chris Oliver , MarketWatch HONG KONG (MarketWatch) — While U.S. markets were focused on the impending debut of Facebook Inc., Chinese social-media major Tencent Holdings Ltd. got some positive attention of its own Friday, helped by a broker’s price-target upgrade and a timely reorganization

Mark Hulbert: What Dow Theory says about correction

By Mark Hulbert , MarketWatch CHAPEL HILL, N.C. (MarketWatch) — You can’t say that the Dow Jones Transportation Average didn’t warn you. As I pointed out in a late-April column entitled “What market must do to avoid a sell signal,” the Transports /quotes/zigman/627450 DJT -3.18%  were then dangerously failing to confirm the strength of the Dow Jones Industrials Average /quotes/zigman/627449 DJIA -1.24% , which at the time was close to a new bull-market high.

Tech Stocks: Apple, H-P, Cisco lead tech retreat

By Benjamin Pimentel , MarketWatch SAN FRANCISCO (MarketWatch) — Technology stocks headed south Thursday morning, weighed by declining shares of Apple Inc., Hewlett-Packard Co. and Cisco Systems, Inc., as the broader market also retreated. Apple /quotes/zigman/68270 /quotes/nls/aapl AAPL -1.51%  shares were down 1% at $540.29, while H-P /quotes/zigman/229301 /quotes/nls/hpq HPQ +0.09%  and Cisco /quotes/zigman/20039 /quotes/nls/csco CSCO -0.30%  each slipped a fraction.

Economic Report: Philly Fed factory index turns negative in May

By Jeffry Bartash , MarketWatch WASHINGTON (MarketWatch) — Business conditions at manufacturing firms in the Philadelphia region worsened in May, as orders for new products fell and executives scaled back hiring plans, a survey showed Thursday.

Bond Report: Treasurys gain after Philly Fed

By Deborah Levine , MarketWatch NEW YORK (MarketWatch) — Treasury prices turned up on Thursday, pushing yields toward record lows in some cases, after the Philadelphia Federal Reserve’s index showed an unexpected contraction in manufacturing in the region this month.

Spain’s Bankia seeks to reassure depositors

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Larry Kramer named publisher, USA Today

CHICAGO (MarketWatch) — Gannett Co. /quotes/zigman/227199 /quotes/nls/gci GCI +0.15% said Monday that Larry Kramer has been named president and publisher of the company’s flagship USA Today newspaper, effective immediately. Kramer most recently served as a media consultant and adjunct professor of media management at Syracuse University’s Newhouse School of Communications

Gold ends week with 4% loss

May 11, 2012 | Myra P. Saefong and Barbara Kollmeyer, MarketWatch SAN FRANCISCO (MarketWatch) — Gold futures fell Friday, with recent strength in the U.S. dollar dragging prices for the dollar-denominated metal down by roughly 4% for the week.

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