| Weekly Roundup APRIL 05, 2013 MarketWatch's top 10 stories, April 1 - 5 By MarketWatch SAN FRANCISCO (MarketWatch) — U.S. stocks ended the week with a thud, after the nonfarm payrolls report showed much slower growth in jobs than investors expected. The report was just the most recent piece of evidence that the economy paused in late winter.There's now a hot debate developing about whether April will show a rebound or further slowing. Time, as they say, will tell.The Dow Jones Industrial Average (DJIA) fell 40.86 points or 0.3% on Friday to close at 14,565.25. For the week the blue chip index dropped 0.1%. The benchmark Standard & Poor's 500 (SPX) dropped 6.70 points or 0.4% to close at 1,553.28 on the day. For the week, the index lost 1%. The Nasdaq Composite Index (COMP) fell 21.12 points or 0.7% to close Friday at 3,203.86. The technology heavy index lost 2% for the week.Check into MarketWatch over the weekend for all the news you need to organize your portfolio and your retirement. We'll also be following the Final Four in the March Madness basketball tournament.Meanwhile, please take a few minutes to watch our Week Ahead videos. Europe's Week Ahead: Market reaction will be key U.S. Week Ahead: Fed, earnings — Christopher Noble , assistant managing editor.Facebook's new home Facebook Inc. (FB) unveiled a new user interface for mobile phones along with a new smartphone from HTC designed to showcase the software. The new software, called Home, is designed to make the social network a more central part of the mobile phone experience. Facebook unveils new smartphone 'Home.' As for Google As Facebook Inc. showed off the new Facebook-centric "Home" mobile version on Thursday, many questions remain, including what the news means to rival Google Inc (GOOG). Google has spent millions developing its mobile Android operating system. Now, companies such as Facebook, Amazon and others are tweaking it for their own use, without Google's input. Is Facebook-centric phone bad for Google? Deformation Fresh off an explosive essay in the New York Times, a debate with former Obama official Peter Orszag and a torrent of criticism, former Reagan budget director David Stockman said the gold standard gets a bad rap and that the Fed's low interest rates spur Congress to spend. Stockman fires back at Krugman, critics. Niche Apple Inc. (AAPL) could be facing a repeat of its 1980s experience, when cheaper personal computers started to take hold and the Macintosh became a far smaller part of the PC market, writes Therese Poletti. She says it's an interesting question as Wall Street grows increasingly concerned over problems facing the company. Apple risks becoming a niche player again. Showrooming threat Best Buy Co. (BBY) has repeatedly been seen as a major victim of showrooming, when consumers look at new products in its stores, but then go home and buy online. The company may be turning the tables on that trend. It is shares surged after it took steps some analysts said would help combat against the behavior. Best Buy turns the tables on showrooming. Three's a crowd The Federal Reserve, the European Central Bank and the Bank of Japan are going their separate ways, writes Michael Casey. One is running near top speed and finally thinking about when to tap the brakes. Another has just slipped into overdrive and is accelerating as fast as it can. The third is nervous about crossing the speed limit and refusing to shift into top gear. Fed, ECB, BOJ go their separate ways. Apple vs China Even if harsh attacks on Apple in China stop, some amount of damage has been done to Apple's image there by recent broadsides in the country's state-run media. And recent history suggests the company's travails in China aren't over. Apple-China showdown: A test case for both sides. Gold: What to do next After a nearly $50 an ounce plunge in gold prices, bears are screaming, "I told you so," just as the bulls are contemplating if now's a good time to chant, "Buy now, it's cheap!" Why gold fell this week and what to do next. Slow growth The United States created the fewest number of jobs in March in nine months, adding to a string of economic reports suggesting companies have cut back on new hires and that the economy is slowing again. The U.S. added 88,000 jobs and nearly half-a-million people stopped looking for work last month. U.S. jobs gain in March lowest in 9 months. Where to put your money now With the fanfare of the S&P 500 record close at the end of the first quarter, the question for many investors became: After four years of waiting, how do I play this? Top forecasters know where to put your money now.  MarketWatch has sent you this newsletter because you signed up to receive it.To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2013 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111 | |  |
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