To: Kenneth E. Phillipps who wrote (89911 ) 8/30/2010 8:39:17 PM From: Hope Praytochange Respond to of 224748 Stocks fell in thin trading after more signs of slowing economic growth got investors worried ahead of a key report on jobs later this week. The Dow Jones industrial average lost ground throughout the day and closed with a loss of 141 points. Other indexes also fell more than 1 percent. Bond prices rose, sending interest rates lower, as money moved back into the Treasury market. The latest cause for worry on the economy came in a report early this morning showing that personal incomes rose less than expected in July. That added to a series of discouraging economic indicators recently suggesting that growth could slow down in the second half of the year. Investors have been focusing on employment data as a way of predicting where the economy is going. Signs of a slowdown in growth has plagued the market for more than a month. Investors are unsure if companies will be able to keep up strong earnings growth if the recovery runs out of steam or falls back into recession. Investors have been betting in recent weeks that the weaker economic reports will translate into smaller earnings than previously thought. That, in turn, has helped drive stocks lower to match the diminished expectations. The Dow fell 140.92 to close at 10,009.73. The Standard & Poor's 500 index fell 15.67 to 1,048.92, while the Nasdaq composite index fell 33.66 to 2,119.97. About four stocks fell for every two that rose on the New York Stock Exchange, where consolidated volume was anemically low at 2.9 billion shares. Stocks have largely been moving on major economic reports and less on individual corporate news during the past month. Because the Labor Department's monthly employment report doesn't come until Friday, investors will look for signs earlier in the week about the jobs market. A report on private employment comes out Wednesday, and first-time claims for unemployment insurance for last week will come out on Thursday. On Monday, the Commerce Department said personal income rose 0.2 percent last month, falling below economists' forecast for 0.3 percent growth, according to Thomson Reuters. Message #89911 from Kenneth E. Phillipps at 8/26/2010 12:55:20 PM We are bouncing along the bottom. bottom ?? idiot odumba sinking deep in the sh*thole