| Weekly Roundup APRIL 12, 2013 MarketWatch's top 10 stories, April 8 - 12 By MarketWatch SAN FRANCISCO (MarketWatch) — U.S. stock markets had a banner week, notching record closes early in the week before giving back some of their gains on Friday.Nevertheless, U.S. stocks ended the week with solid gains. The Dow Jones Industrial Average (DJIA) fell 0.1 point on Friday to close at 14,865.06. For the week the blue chip index rose 2.1%. The broader Standard & Poor's 500 Index (SPX) fell 4.5 points or 0.3% on the day to close at 1,588.85. For the week, the benchmark index gained 2.3%. The Nasdaq Composite Index (COMP) dropped 5.2 points or 0.2% on the day to close at 3,294.95 while recording a 2.8% gain for the week.Stay tuned to MarketWatch over the weekend, where we'll have all the news you need to organize your portfolio and your retirement. Please take a moment to watch our week ahead videos. U.S. Week Ahead: Banks in focus Europe's Week Ahead: Watch Japanese flows — Christopher Noble , assistant managing editor.Bitcoin The top Bitcoin exchange managed to reopen after sustaining electronic attacks during the week, but the wild ride isn't letting up. And it wasn't a fun ride for those who are putting faith in the Bitcoin. It's rocky atop Mt. Gox. Alcoa's influence When Alcoa (AA) beats its earnings forecast, the market generally listens. So when the aluminum giant reported earnings in which its net income topped analyst forecasts, even when taking into account special items, it set the stage for another leg up for the stock market. How Alcoa's earnings beat could fuel the S&P 500. Who audits the auditors KPMG resigned as the auditor of Herbalife (HLF) and Skechers (SKX) after the partner in charge of the accounting firm's Los Angeles audit practice was alleged to have engaged in insider trading. The partner was later hit with criminal and civil charges of insider trading. KPMG rocked by alleged insider trading. Windows 8 to the rescue? Another quarter of dreary PC sales has raised the stakes for a pipeline of touch-screen devices using the new Windows 8 platform, though there's some question whether those can pull the industry out of its slump. Will touch devices save Windows 8? Gold bust Falling gold prices and range-bound oil, contrasted with a streak of gains for U.S. stocks, has fed talk of a bear market for commodities. Behind the scenes, however, some commodities are having a blockbuster year. Gold bust is masking some big resource wins. Loan growth slow A strong performance at J.P. Morgan's (JPM) investment banking unit in the first quarter was tempered by significantly slower loan growth and lower-than-expected mortgage revenue as the bank faced challenges from the impact on consumers and businesses of a sluggish economy. J.P. Morgan grapples with slower loan growth. 96 months Don't be tempted to jump on one of those 75-to-96 month auto loans. Even if it shaves a few bucks off your monthly budget, it could be one of the worst financial decisions you'll ever make. 96-month car loans wreck your wallet. Buyout target? News that the board jettisoned CEO Ron Johnson 17 months into his failed makeover of the company sent JC Penney (JCP) shares tumbling to their lowest level in 12 years, making it ever more affordable to the handful of private investment firms that might consider buying it. Sizing up J.C. Penney for a buyout. Dividend perfection When it comes to dividends, more isn't always better: A company isn't necessarily more attractive just because it pays a higher dividend, says Mark Hulbert. Picking a perfect dividend portfolio. TIPS For 16 years, Treasury Inflation Protected Securities (TIPS) have been an investment of choice for Americans saving for retirement. But TIPS have become victims of their own success, says Howard Gold. Should you dump TIPS and buy stocks? 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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