| Weekly Roundup NOVEMBER 01, 2013 As stocks trade near records, debate intensifies Top 10 stories Oct. 28 - Nov. 1 This year provides ample evidence that a great economy isn't needed for a great stock market.The government shutdown may not have thrown the economy into a tailspin in October, but a number of indicators show slowing momentum. And the fact remains the U.S. economy didn't really rev higher the other nine months, either.Don't tell the stock market, though. With ample liquidity and healthy corporate profits, markets were trading near record levels, and that has some wondering if the gains are about to evaporate.For the week, the Dow Jones Industrial Average (DJIA) rose 0.3%, the S&P 500 (SPX) edged up 0.1% while the Nasdaq Composite (COMP) fell 0.5%.Be sure to follow MarketWatch this weekend for more investing and retirement news.— Steve Goldstein See video 5 signs the market bulls are wrongBrett Arends says here's why the bulls are wrong with the stock market on a roll.Read: 5 signs the market bulls are wrong 3 amazing facts about the stock marketMark Hulbert runs through the facts that the cheerleaders are noting—whose significance might not be as bullish as they have us believe.Read Mark Hulbert's column. Apple profits slip again despite iPhone launchApple Inc. reported its third consecutive quarter of earnings declines on Monday afternoon, though a pop in iPhone sales with the launch of new devices helped revenues come in higher than Wall Street had expected for the company's fourth fiscal quarter. Read more on Apple earnings. Facebook's teen problem comes into focusFacebook Inc. essentially confirmed on Wednesday what many have been speculating about for months—that it is no longer the cool place for the youngest teens. Read more on Facebook's teen problem. GM earnings drop on charge but beat estimatesGeneral Motors Co. reported a 6% drop in its third-quarter profit as a multimillion-dollar charge on a share repurchase and taxes masked the auto maker's financial performance and beat Wall Street analyst expectations. Read more on GM earnings. Markets bummed by lack of Fed hand-holdingMarkets seemed blue after the Federal Reserve statement was released Wednesday with both stocks and bonds falling. And not because of what the Fed said. But by what it omitted, economists said.Read: Markets bummed by lack of Fed hand holding. What to do if your health insurance is canceledPresident Obama got in hot water this week as his pledge that you can keep your health insurance if you like it—there's one video of him saying it 23 times— hasn't come to fruition. If you are among the millions of Americans whose current health plan fails to meet Obamacare's requirements, you may have to act quickly to avoid a lapse in coverage. Read what to do. Social Security's 2014 raise: a modest 1.5%The nation's 57 million Social Security beneficiaries will get a 1.5% increase in their monthly payments in 2014.Read Encore blog on the Social Security rise. Goodbye, $100 oil. Hello, $3 gasolineCrude-oil stockpiles in the U.S. are heading toward a record, pushing off a return to $100-a-barrel oil, and giving drivers a shot at $3-a-gallon gasoline. Read Commodities Corner See the week's scary housing and jobs dataSome of this week's data was scarier than even the mini-witches and vampires prowling neighborhoods, looking for free candy.Read: The Week in Charts 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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