Stock market in a tizzy

So much for the rebound. Stocks did open sharply higher this morning, as expected, but then it was a straight shoot down. There's a lot of uncertainty about the debt deal and a possible ratings downgrade, but much of the nervousness centers on the economy - specifically, weak manufacturing results and sluggish car sales. More bad news could come Friday when the government releases July's employment report. At last check, the Dow was off its low, down about 100 points.


More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAX
Socal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
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Letter from Down Under: Welcome to the Homogenocene
One last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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