Monday, October 17, 2011

@AllAmerInvest Doink, Empire New York, Euro Zone, CNBC, Gold, Rimm, Nike

Stocks: Investors on edge over Europe, earnings

U.S. stocks headed for a weak open Monday as relatively strong earnings from Citigroup and Wells Fargo failed to eliminate persistent jitters over Europe's debt crisis.

The Federal Reserve Bank of New York’s general economic index rose to minus 8.5 from minus 8.8 in September. Economists projected an improvement to minus 4, based on the median of 53 forecasts in a Bloomberg News survey.

Euro zone eyes yet another "comprehensive strategy"

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Original content Bob DeMarco, All American Investor