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MarketWatch for Monday, July 29, 2013

If you're keeping on top of the stock markets this morning, Monday, July 29, 2013
If you're keeping on top of the stock markets this morning, Monday, July 29, 2013


The Nikkei had another rough day, dropping 469 points today in Japan.
The Dow was up 3 points at the end of trading Friday.
The Nasdaq rose 8.


It will be a big week on wall street.
The Commerce Department will reveal projections on second quarter GDP….. experts predict the economy grew 1 percent between April and June.
Reports on home sales, consumer confidence and unemployment will also be released.
And more corporations unveil second quarter profits including international conglomerate Tyco.

On Friday, Expedia and online game maker Zynga released disappointing earning reports but the markets were able to finish on the plus side.

Apple is selling more smartphones - just not as many as the competition.
ABI Research says the company's global share of the smartphone market is down to 13 percent, the lowest level in four years.
Apple is the world's second largest marker of smartphones.  Samsung is number one.


Pintrest has been one  of the last pieces of social media real estate that didn't feature ads. But not for much longer.
The website will start selling "promoted pins" to businesses.
Pintrest will work with companies to track users online habits and send them ads for products they might be interested in.


Fast food is sold nationwide but a new report finds some states love it more than others.
Financial giant Intuit says consumers in Oklahoma spend the most.
The average person there shells out $101 a month for fast food.
People in Vermont spend the least - just $28 a month.



(story contributed by CBS News)
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