Trading Markets

JP Morgan Cuts Insurer, Atticus Closes Fund, Stocks Sink

The U.S. market overlooked positive data from productivity and inventory and instead spiraled downward for the second straight day this week. Bank shares of MBIA fell sharply lower following a downgraded to “underweight”.

Mobius Meltdown, VIX Signals, Stocks Sink

Profit taking and a dire global stock meltdown forecast from respected Templeton Asset Management’s Chairman, Mark Mobius, sent the major indexes down lower on Monday.

TradingMarkets 7 Stocks You Need to Know for Monday

Confidence bolstered by better than expected data from Non Farm Payrolls, the bulls went on a buying frenzy pushing shares higher on Friday. Virgin Mobile and Priceline.com will reveal second quarter results on Monday.