Weekly Roundup SEPTEMBER 13, 2013 To all Gmail users:
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You can also add "MarketWatch" to your Gmail contacts list or filters. An unexceptional week for Apple and America Top 10 stories for the week of Sept. 8-14 You are unexceptional, and so are your kids, and probably your dog, too.Getty ImagesPutin's not easily impressed At least that's the view of Russian President Vladimir Putin, as expressed in his "charm" offensive in the New York Times. Read about the reception of Putin's op-ed on Capitol Hill. And so are the latest phones from Apple, as judged by the stock market.Analysts were puzzled why cheap phones weren't priced cheaply enough to stir up demand in emerging markets. Mr. Market gave Apple CEO Tim Cook a big "nyet."But no borscht about it, the broader market did halfway decent this week.The Dow Jones Industrial Average (DJIA) rose 3%, the S&P 500 (SPX) gained 2% and the Nasdaq Composite (COMP) tacked on 1.7%.Stay tuned to MarketWatch this week for the latest news plus investing perspectives and retirement tips.— Steve GoldsteinA bad Apple Apple (AAPL) lifted the wraps on two new phones, the iPhone 5S and iPhone 5C. The market wasn't impressed, however, by the $733 cost of an unsubsidized phone in China. Then again, Apple's stock often drops following iPhone launches.How to get the new iPhone for free. The less-industrial Dow industrials The Dow Jones Industrial Average is getting a big shakeup . Goldman Sachs (GS), Visa (V) and Nike (NKE) are joining, while Bank of America (BAC), Hewlett-Packard (HPQ) and Alcoa (AA) are getting kicked out.Twitter is going public The social-media firm will go public, the company said over a certain electronic communications medium. Twitter files 'confidential' papers for IPO. Twitter's secret IPO may not keep things quiet. Negotiations over Syria Was it unintentional diplomacy or a sneaky plan? In any case, the U.S. agreed to postpone a military campaign against Syria while discussing a proposal advanced by Russia to disarm the nation of chemical weapons. Oil futures drop as military action delayed. Obama push to hit Syria hits detour. See continuing coverage in Syria news stream » Company health plans changing Trader Joe's , Time Warner and IBM are among the companies announcing they'll change the benefits they offer to either employees or retirees.Consumer caution The news on the consumer wasn't great, as retail-sales growth ebbed and consumer sentiment soured.The Week in Charts: Souring sentiment, slowing sales and more. Why the jobless claims report was screwed up. U.S. oil independence isn't just a pipe dream It may take less than 10 years for the United States to be near zero on oil imports, says Myra P. Saefong.For mutual funds, Lehman's collapse is a happy anniversary As investors mark the five-year anniversary of the collapse of Lehman Brothers — the signature event of the financial crisis of 2008 — mutual-fund companies are watching as the passage of time removes all of that pain from five-year performance records, Chuck Jaffe explains.See: 10 players from the 2008 financial crisis. Bill de Blasio for mayor — and president? Darrell Delamaide makes the case that the Democrat's run for Gracie Mansion could become a warm-up for an Oval Office bid.What one ex-Fed official expects on tapering A former Federal Reserve official says the central bank will get the process of tapering underway next week but leave the big decisions to outgoing Fed Chairman Ben Bernanke's successor. Besides the taper, 5 things to watch at the Fed. 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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