MarketWatch - June 26, 2012
By: KOLR10 News
Updated: June 26, 2012
If you're keeping on top of the stock market today, Tuesday, June 26, 2012...
The Nikkei dropped almost 71 points today in Tokyo.
The Dow fell more than 138 points in Monday trading.
And the Nasdaq lost just over 56.
The bad news out of Europe keeps piling up and many say that's to blame for another down day on Wall Street.
Stocks fell after Spain and Cyprus asked for bailout help from their Eurozone partners to shore up their banks.
Most investors have little faith this week's meeting of European leaders in Brussels will solve growing financial problems.
And investors worry - Europe's problems will threaten profits at U.S. companies.
Earnings season begins in less than two weeks and economists predict American companies will suffer their first profit decline in three years.
Microsoft is paying $1.2 billion to buy the internet startup, Yammer.
It's built a social network similar to Facebook for the business world and has more than 5 million corporate users.
A new survey finds the older you are, the better chance you have of finding a job.
According to the consulting firm Challenger, Gray and Christmas, of the 4.3 million jobs created in the past three years, nearly 3 million have gone to people over 55.
The firms say older workers are in demand because their experience eliminates the need for training.
The Nikkei dropped almost 71 points today in Tokyo.
The Dow fell more than 138 points in Monday trading.
And the Nasdaq lost just over 56.
The bad news out of Europe keeps piling up and many say that's to blame for another down day on Wall Street.
Stocks fell after Spain and Cyprus asked for bailout help from their Eurozone partners to shore up their banks.
Most investors have little faith this week's meeting of European leaders in Brussels will solve growing financial problems.
And investors worry - Europe's problems will threaten profits at U.S. companies.
Earnings season begins in less than two weeks and economists predict American companies will suffer their first profit decline in three years.
Microsoft is paying $1.2 billion to buy the internet startup, Yammer.
It's built a social network similar to Facebook for the business world and has more than 5 million corporate users.
A new survey finds the older you are, the better chance you have of finding a job.
According to the consulting firm Challenger, Gray and Christmas, of the 4.3 million jobs created in the past three years, nearly 3 million have gone to people over 55.
The firms say older workers are in demand because their experience eliminates the need for training.
