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Friday, May 17, 2013

Weekly Roundup: MarketWatch's top 10 stories, May 13 - 17

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MarketWatch
Weekly Roundup
MAY 17, 2013

MarketWatch's top 10 stories, May 13 - 17

By MarketWatch

Weekly Roundup
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SAN FRANCISCO (MarketWatch) — U.S. stocks rose for the week, setting a few records along the way. It was another week of gains that some say defies logic. Economic data during the week was largely weaker than expected, except consumer sentiment, one of the few pieces of the week's data that focuses on how people feel rather than actual, verifiable behavior.

The Dow Jones Industrial Average (DJIA) rose 121.18 points or 0.8% on Friday to close at 15,354.40. For the week the Blue Chip index was up 1.6%. The Nasdaq Composite Index (COMP) gained 33.72 points or 1% on the day to close at 3,498.97 and notched a 1.8% rise on the week. The benchmark Standard & Poor's 500 Index (SPX) added 15.65 points or 1% on Friday to close at 1,666.12 on Friday. For the week the index rose 2%.

Check out MarketWatch over the weekend for all the news you need to organize your life and your portfolio. It's also the place to come for the latest tips to help you fund your retirement.

Meanwhile, please take a moment to check out our Week Ahead videos.

 U.S. Week Ahead: Economic outlook on tap

 Europe's Week Ahead: Stocks in the spotlight

Christopher Noble , assistant managing editor.

Opportunity knocks

The International Energy Agency said this week that a "supply shock" will essentially change the way the oil market works — and with change come opportunities. How to invest in the U.S. oil 'supply shock'.

Facebook flub

Facebook's (FB) flubbed initial public offering a year ago Saturday laid bare some important truths worth remembering even as major U.S. stock indexes score a string of all-time highs. Why Facebook is an unfriendly reminder of IPO risk.

7 stages of grief

One year after its IPO, Facebook remains a highly emotional investment. "Upset," "optimistic," "let down," "hopeful" and "deceived" are just a few of the words MarketWatch readers used to describe their experience as a Facebook shareholder who bought in at the IPO. Facebook IPO put investors through 7 stages of grief.

Belle of the social IPO ball

LinkedIn Corp. (LNKD) will celebrate the second anniversary of its IPO on Sunday, a day after Facebook marks its first birthday as a public company. And in LinkedIn's case, "celebrate" is the appropriate word. LinkedIn, not Facebook, became social IPO star.

Wrong idea

The biggest problem in the American economy today is that the economy can't generate enough demand to employ all the willing and available workers. But that obvious fact hasn't deterred some people from inventing some enticing theories about what's behind our economic woes, according to Rex Nutting. Five wrong ideas about our jobless crisis.

Must see charts

MarketWatch asked money managers where they go to hunt for yield in this low interest rate environment. Some of the answers may surprise you. 11 best charts for yield-seeking investors.

Games people play

The stock market's record highs seem to have some people convinced that investing is child's play. Chuck Jaffe says investing isn't a game, no matter how easy it looks and it's time to change that mentality. Stop 'playing' the stock market.

Retire rich, after 60 years

College grads can't really relax for their first 80 to 90 years, but they will get to enjoy a few more years of life than previous generations did. So, here's what retirement and longevity experts had to say about what recent college grads should do to prepare for a comfortable retirement. Tips for college grads: How to retire rich.

You've been scammed

Brett Arends says no one else is going to tell the Class of 2013 this, so he may as well: You sit here today deep in debt, the latest victims of what may be the biggest conspiracy ever. Move over, Illuminati. Stand down, Wall Street. Area 51? Pah. It's nothing. The biggest conspiracy of all? The College-Industrial Complex. Dear Class of '13: You've been scammed.

Wind down

The drumbeat of calls to reduce the rate of bond purchases by the Federal Reserve grew louder as a dovish voice joined the group. Talk of Fed wind down grows louder.

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