Friday 19 July 2013

Click On Detroit's Midday Market Report

Business Headlines

NY Money Market
Emmanuel Tambakakis

Stocks dragged down by tech earnings

Investors around the world were taking a step back Friday following worse-than-expected quarterly results from Google and Microsoft.

The Dow Jones Industrial Average and the S&P 500 dipped slightly. The Nasdaq dropped 0.7%.

The modest pullback comes on...

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Detroit
John McGraw/CNN iReport

What's next for Detroit?

The day after Detroit became the largest municipal bankruptcy in history "should be a regular day," according to Michigan Gov. Rick Snyder.

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Vatican
CNN

Pope sets up body to reform Vatican finances

Pope Francis has set up an expert committee to recommend reforms to the economic and administrative structures of the Holy See, the Vatican announced Friday.

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NY Money Market
Emmanuel Tambakakis

Stocks: Tech earnings sour mood

Investors around the world were taking a step back early Friday following worse-than-expected quarterly results from Google and Microsoft.

U.S. stock futures were barely changed ahead of the opening bell.

Google and Microsoft reported disappointing qua...

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Moody's
Mike Segar/Reuters

U.S. outlook raised by Moody's

America is pulling out of its economic malaise, slowly but surely, according to the Moody's Investors Service rating agency.

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NYSE floor file 3
Emmanuel Tambakakis/CNN

Drop in jobless claims helps Dow set record

Investors pushed the Dow and S&P 500 into record territory once again Thursday, as they welcomed a batch of strong earnings and a drop in jobless claims.

The Dow Jones industrial average gained 78 points, or 0.5%, to end at a record closing high of 1...

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Higher mortgage rates won't hurt recovery

The recent spike in mortgage rates shouldn't hurt home prices, real estate experts say.

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Tech trends in back-to-school shopping

Check out this year's tech trends as you begin your back-to-school shopping.

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Ferre Dollar/CNN

Budgeting for higher gas prices

Higher gas prices are not just a seasonal trend. They could be here to stay, so learn how to budget for them.

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Extras

Golf ball on edge of hole
iStockPhoto / sculpies

Golf guide: The British Open

This weekend is the British Open. Are you looking to learn more about the game of golf? Use our interactive golf calculator to price out what it would cost to start golfing. If you have time, take a tour of the best golf courses in the U.S. and learn about some of the PGA?s biggest tournaments.

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On Local 4 News

msu edmonds pic

Local 4's Jamie Edmonds on the ice with Spartans

Tonight at 11 p.m. - See why Jamie's suiting up with the MSU hockey team.

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