51°F
Sponsored by

MarketWatch for Tuesday, September 3, 2013

If you're keeping on top of the stock markets this morning, Tuesday, September 3, 2013...
If you're keeping on top of the stock markets this morning, Tuesday, September 3, 2013...

The Nikkei had a big day, up nearly 3%, adding 405 points.
Wall Street was closed yesterday for Labor Day.
On Friday, the Dow finished down 30 points by the close.
The Nasdaq also lost 30.


Verizon has announced one of the largest business deals in history.

The company has agreed to pay $130 billion to buy British cellphone carrier vodafone out of its wireless business.

Vodafone owns 45 percent of Verizon Wireless.

The deal should not effect consumers.

Wall Street reopens this morning after the Labor Day holiday.

Traders are hoping for a better month than august when stocks showed declines.

Investors will have their eyes on a number of reports this week including the latest unemployment numbers that will be released Friday morning .

Last month- the unemployment rate declined slightly from 7 point 6 to 7 point 4 percent....the lowest it's been since 2008.


Later this month, investors will be looking towards the Federal Reserve's first meeting on the 18th to see if the central bank will wind down its massive bond buying program.

Congress will also be under pressure to pass a spending bill before the end of the month -a process that could mean another stand-off over raising the government's borrowing limit.

And remember the days the tooth fairy left a sleeping child a quarter? Well those days are over.

Children in 2013 are averaging $3.70 per tooth -- a 23-percent jump over last year's rate of $3. 

An improving economy and a desire to keep up with the Joneses --or at least their tooth fairy-- is driving parents to offer more for a tooth.

Page: [[$index + 1]]
comments powered by Disqus