Equities Roundup: Volatility Taking Hold of Stocks As Investors Remain Fearful

Equities Editors Desk |

Volatility Stock MarketWall Street gave investors a glimmer of hope today as it opened higher, but the ensuing volatility of the market snatched away any confidence that equities were stabilizing. Investors were encouraged initially by the better-than-expected jobs report for July. Highly anticipated throughout the week, the report from the U.S. Labor Department said that nonfarm payrolls grew by 117,000 last month, beating the 75,000 that economists had expected. The unemployment rate fell to 9.1 percent from 9.2 percent. Financial analysts can't seem to agree on whether the numbers were good or bad enough. On the one hand, jobs increased were better than expected, but on the other, it isn't enough to have a significant impact on the economy's health. Investors are also concerned that the European Central Bank's bond-buying intervention may not be enough, particularly because the ECB is not focusing on helping the troubled economies. As fear spreads over both the broader and global economies, volatility is expected to increase. Oil prices have plummeted to $85 a barrel this month and the economic uncertainty has also managed to drag on precious metals like gold and silver as well.

Major U.S. Stock Indices

DJIA: 11,410.32 (+0.23)
s&p 500: 1,198.30 (-0.15 percent)
NASDAQ: 2,536.12 (-0.79 percent)
Russell 2000: 712.56 (-1.96 percent)

In other news:

  • As trading volatility continues to grow, how prepared is the market to handle another "Flash Crash?" [WSJ]
  • Famed investor Jim Rogers thinks investors shouldn't sell into the climax, but the market should also be allowed to bottom out. [CNBC]
  • Should Google (GOOG) buy Research In Motion (RIMM) and combine its Android operating system with the Blackberry? [The Street]
  • Who said social media companies aren't profitable? But is LinkedIn (LNKD) the exception or the norm? [Fortune]
  • How short-sellers, independent research analysts, and bloggers managed to wipe out over $21 billion in market value of Chinese companies. [Reuters]

Check back for more news.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer


Symbol Name Price Change % Volume
BAM.PFC:CA Brookfield Asset Management Inc Pfd Cl A Ser 36 n/a n/a n/a 0


Emerging Growth

Sack Lunch Productions Inc

Sack Lunch Productions Inc is an entertainment company. The Company, through its subsidiaries, is engaged in event management, production service, film production and distribution services.

Private Markets


Blockchain currencies (e.g. Bitcoin) provide a new disruptive way to transfer value between parties over the internet as opposed to going through banks. GoCoin provides online merchants with a suite…


A peer-to-Peer authentic photo marketplace disrupting the $10B commercial photography industry.