Tuesday, August 28, 2012

Stock futures up ahead of Facebook debut

MARKETWATCH FRONT PAGE

U.S. stock index futures shake off European worries to post modest gains as investors await Facebook�s much-publicized initial public offering. See full story.

Stocks to watch Friday: Osiris, Autodesk, Marvell

A handful of updated earnings forecasts go with a pair of dividend initiations among the notable corporate headlines for early Friday. See full story.

Europe stocks choppy on Europe, China worries

Europe stocks traded choppy with losses for miners and drinks makers, while banks rebounded from earlier losses related to a downgrade of Spanish banks by Moody�s Investors Service late the prior day, amid talk of a ban on short selling of those institutions. See full story.

Asia stocks sink, erasing billions in market value

Asian stocks plunge as fresh fears about Spanish banks add to existing worries about capital flight from Greek lenders, wiping out hundreds of billions of dollars in the region�s market capitalization. See full story.

Dollar trims gains, remains up for 15th day

The U.S. dollar index moves modestly higher, further extending the greenback�s longest rally since at least 1985, as worries about the euro zone�s troubles lure investors into currencies seen as safer plays. See full story.

MARKETWATCH COMMENTARY

There�s been a lot of hand-wringing about the debt this week. But the biggest problem we face is not deficits, but unemployment, writes Darrell Delamaide. See full story.

MARKETWATCH PERSONAL FINANCE

Home prices in a majority of the markets covered in Zillow�s Home Value Forecast are set to bottom this year � if they haven�t already, according to a Zillow report released on Wednesday. See full story.

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