Page 11 - Nasdaq Down News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shows that they're expecting a wall street rebound in 2012. forecasting that next year will bring up 10% -- a 10% bump in stock prices. their optimism fuelled in part by a slow come back in the housing market. the national association of realtors just announcing the number of people who bought homes last month jumped 4%. now of course, the group also had to correct an earlier error, which now shows the come back overall this year is slower than first reported. let's take a look at how the markets are doing today. after a banner day that we had yesterday, we see a downward trend today with the ...

outfront tonight, a flat tax from presidential candidate, rick perry. >> it is time to pass a tax that is flat and fair and frees our employers and people to invested and grow and prosper. >> he calls it flat. bottom line is it isn't really. the right word is sort of lumpy. here's why. a true flat tax means all americans start paying a flat tax of 20%. that's perry's rate on their income with no deductions. that's not how this works. you keep your current rate or pick his new 20% rate. by allowing people to remain in their current tax bracket, americans will continue to pay different...

first as we head here into the labor day weekend with a brutal report on the job market. basically, it has come to a grinding halt. the unemployment rate for august didn't budge an inch. here you have the number. it is still sitting at 9.1%. the net number here, that's the important part. the net number of jobs created in august. zero, none, goose egg. private employers did add 17,000 jobs last month. but do the math. government eliminated 17,000. so the net change is zero. this really is a once in a blue moon event. if you think about it. the last time the bottom line on jobs was ze...

the shanghai composite all down this morning. the major european markets are in the red as well. u.s. futures are down too. the world is waiting to hear the results of the monthly u.s. jobs reports. that comes out at 8:30 a.m. eastern. on the weather front, just a few days after irene, the weather radar is getting another big workout. a tropical depression is running loose in the gulf of mexico, and it's heading for the gulf coast, packing lots of rain and lots of wind. cnn's jennifer delgado is keeping watch for us. jennifer, this thing popped up pretty fast, didn't it? >> yeah. y...

here, that arrow just refuses to turn green. the s&p lost more than 4%. the nasdaq sank more than that to 5%. it sank 5%. so what has rattled the markets this time? it's a combo platter of bad news, jobless claims are up, existing home sales are down. consumer prices are up and the plfrg industry has gotten weaker. no wonder a top economic adviser is flying to martha's vineyard next week to help president obama with his job proposal. then there was this report from morgan stanley, not paint ag pretty picture for the united states or europe. brace yourself. you're about to hear the ...