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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Paul V. who wrote (114425)	10/2/2011 4:06:28 PM
From: Hope Praytochange	1 Recommendation Read Replies (3) \| Respond to of 224648

breaking news:Sept. 30, 2011, 5:08 p.m. EDT Stocks dive for worst quarter since crisis Stories You Might Like Alibaba reportedly mulling Yahoo buy Apple expected to up the ante with new iPhone The economy’s unfinished work: job growth Retirement Weekly: Is life better or worse… SHARE: MORE Email Print Comment 1,208 By Wallace Witkowski and Laura Mandaro, MarketWatch SAN FRANCISCO (MarketWatch) — U.S. stock losses accelerated in the final hour of trading Friday as worries over Europe’s debt trumped mixed economic data, closing a turbulent third quarter that counted as the worst for the major indexes since the depths of the financial crisis. The Dow Jones Industrial Average DJIA -2.16% , which had struggled over the session to maintain moderate losses, dropped 240.60, or 2.2% to close at 10,913.38. While the index was up 1.3% for week, it dropped 6% for the month, the fifth consecutive monthly loss, and fell 12% for the quarter, the worst quarter since March 2009. MORE IN MARKETS Click to Play Rise of the machines and volatility Market volatility has been on the upswing, bringing increased scrutiny for algorithmic and high-frequency trading strategies. What part do these systems play in the market, and how should investors respond? Traders grappling with lack of confidence among investors Not far from the minds of equity traders and technologists gathering at TradeTech West in San Francisco is the downturn in stocks worldwide, and as global worries fester, the outlook is murky on when investor confidence will strengthen. • Consumer sentiment stays defensive • Dipping into savings not a growth plan (First Take) Bond funds' sunny season it was a history-making quarter, featuring renewed investor demand for relative security of bond funds. MARK HULBERT Market's undergoing huge change We're in this unusual environment in which dividends are yielding more than Treasury notes. John Canally, an investment strategist at LPL Financial, said much of Friday’s market activity has to do with end-of-quarter selling. “The data are suggesting slow growth, while the market is suggesting recession; that’s the tug of war that’s going on right now,” he added. The S&P 500 SPX -2.50% fell 28.98 points, or 2.5%, to close at 1,131.42. It’s down 7.2% for the month and 14% in the three months since the end of June. The Nasdaq Composite Index COMP -2.63% closed down 65.36 points, or 2.6%, at 2,415.40. It shed 6.4% for the month and nearly 13% for the quarter. The quarterly declines mark the worst quarter for the S&P 500 and Nasdaq since December 2008.