MarketWatch - August 10, 2012
By: KOLR10 News
Updated: August 10, 2012
If you're keeping on top of the stock market today, Friday, August 10, 2012...
The Nikkei dropped 87 points today in Japan.
The Dow lost 11 points in trading Thursday.
And the Nasdaq added 7.
Beginning today shareholders will be able to own part of the world's most popular sports team. The British soccer club, Manchester United, starts trading on the New York Stock Exchange . The team is trying to pay off debt from it's 2005 takeover. 16.7 million shares will be up for sale.
There are signs the U.S. Job market is improving, 6,000 fewer people applied for unemployment benefits last week. But the job crisis in Greece is getting worse. The unemployment rate is now at 23 percent. U.S. Investors have been watching Greece's economic problems very closely.
Drought conditions in parts of the U.S. are causing food prices to rise around the world. The United Nations says the index that tracks international food prices rose 6 percent last month. Severe drought conditions in the Midwest pushed corn prices up nearly 23 percent in July. The United States is the number one exporter of corn, soy beans, and wheat.
The Nikkei dropped 87 points today in Japan.
The Dow lost 11 points in trading Thursday.
And the Nasdaq added 7.
Beginning today shareholders will be able to own part of the world's most popular sports team. The British soccer club, Manchester United, starts trading on the New York Stock Exchange . The team is trying to pay off debt from it's 2005 takeover. 16.7 million shares will be up for sale.
There are signs the U.S. Job market is improving, 6,000 fewer people applied for unemployment benefits last week. But the job crisis in Greece is getting worse. The unemployment rate is now at 23 percent. U.S. Investors have been watching Greece's economic problems very closely.
Drought conditions in parts of the U.S. are causing food prices to rise around the world. The United Nations says the index that tracks international food prices rose 6 percent last month. Severe drought conditions in the Midwest pushed corn prices up nearly 23 percent in July. The United States is the number one exporter of corn, soy beans, and wheat.
