Thursday, June 21, 2012

U.S. stocks sink; S&P 500 in correction

MARKETWATCH FRONT PAGE

Major indexes fall sharply after a disappointing U.S. jobs report and downbeat data from China and Europe raise serious concerns about the health of the global economy. See full story.

Microsoft reinvents the wheel with Windows 8

The next version of the operating system appears to be an unmitigated disaster that could decidedly hurt the company and its future, writes John C. Dvorak. See full story.

H-P sinks as techs join broad market retreat

Technology stocks joined a broad market retreat on Friday as investors reacted to disappointing employment numbers. H-P stocks take a hit on an analyst downgrade. Groupon, Facebook lead social media slide. See full story.

The price of a do-nothing Congress

The latest employment data indicate that the U.S. job market is in a holding pattern � the price we pay for a do-nothing Congress focused more on austerity than job creation, writes economist Heather Boushey. See full story.

U.S. economy creates 69,000 jobs in May

The U.S. in May generated the fewest amount of new jobs in a year and the unemployment rate ticked up, the strongest sign yet that the economy has slowed again after a fast start in early 2012. See full story.

MARKETWATCH COMMENTARY

For all the talk of building �an America built to last,� we�re investing less in our infrastructure than we were when the recession began, reports Rex Nutting. See full story.

MARKETWATCH PERSONAL FINANCE

When it comes to IRAs, timing is everything. Robert Powell looks at five rules that could derail your retirement-savings plans. See full story.

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