Stocks Finish Lower as Global Growth Worries Rise with FedEx (FDX) and Cummins (CMI) on the Move
Posted on October 10, 2012 at 16:29 PM EDT
Stocks finished lower for a third straight day as economic worries diminished investors appetite for risk. The market is in a bit of a holding pattern ahead of a slew of corporate reports due in the next few weeks. In addition to earnings, investors took in the current edition of the Federal Reserve's latest snapshot of economic conditions across its 12 districts. The Beige Book report noted "widespread improvement" in housing which has helped increase economic activity since August. Manufacturing conditions were mixed but "somewhat improved" since the prior report. Beyond...(Click the story link or go to http://www.marketintelligencecenter.com for the full story)
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