Bullish Blog

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Reuters - With Wall Street stuck in a range since May, the start of second-quarter earnings season next week could prove to be a decisive factor for determining how much faith investors should have in an economic recovery.

AP - The stock market found little to celebrate heading into the long holiday weekend.

Reuters - Stocks tumbled on Thursday after a larger-than-expected slide in June non-farm payrolls signaled that hopes for a quick economic recovery may prove premature.

AP - Most Asian markets fell Thursday as investors tread cautiously ahead of a key U.S. jobs report expected to show unemployment hit a 26-year-high despite signs of recovery in the world’s largest economy. European markets opened lower.

Reuters - A U.S. Securities and Exchange Commission lawyer warned about irregularities at Bernard Madoff’s financial management firm as far back as 2004, The Washington Post reported on Thursday, citing agency documents and sources familiar with the investigation.

AP - How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman’s fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally this spring. The numbers are the closing levels for the Dow:

AP - The stock market’s third quarter began on a positive note Wednesday after some reassuring data on manufacturing and the housing market. The gains were tempered, though, ahead of Thursday’s June jobs report.

AP - The Securities and Exchange Commission charges the former chief accounting officer at Beazer Homes USA with committing fraud and misleading company auditors.

Reuters - U.S. securities regulators narrowly adopted a rule on Wednesday that would bar broker-dealers from voting for corporate directors on behalf of their clients unless told to do so.

AFP - European stock exchanges surged ahead Wednesday in line with a robust opening on Wall Street and in response to some positive US economic data despite worse-than-expected unemployment figures.