Arc Bike News

Reuters – Stocks rose in choppy trading on Tuesday, closing out a weak month for equities as a pair of positive data surprises on the consumer and housing fronts helped ease investor anxiety over the economy’s strength.

AP – A surprise jump in consumer confidence Tuesday gave stocks a modest lift, but the gains were kept in check as investors remain cautious about the economy.

AP – SEPTEMBER SLUMP: September is historically the worst month in the market and one of only three, along with February and June, when stock prices typically decline. The Standard & Poor’s 500 index has declined an average of 0.6 percent in Septembers since 1950.

AP – No month has brought worse results in the stock market than September.

AP – An unexpected rise in U.S. consumer confidence in August helped stocks in Europe and the U.S. recoup earlier losses Tuesday as markets remain on edge ahead of more data from the world’s largest economy.

Reuters – No client is too small for Goldman Sachs Group Inc these days, even a company with no revenue that’s owned by a hedge fund specializing in penny stocks.

Reuters – World stocks fell Tuesday in markets dominated by concerns the U.S. economy is sliding back into recession, prompting further flows into safe-haven assets.

AFP – World stock markets sank heavily on Tuesday as investors shunned risky assets amid renewed fears over the United States economy, while Tokyo also dived on concern over the soaring yen, dealers said.

AFP – Europe’s main stock markets dived at the start of trading on Tuesday, following heavy overnight losses in New York and then in Asia as investors worried about weak US data and the strength of the yen.

Reuters – Tokyo stocks fell 3.6 percent to a 16-month closing low on Tuesday, with disheartened investors bailing out of the market after the Bank of Japan’s emergency moves the day before failed to curb the yen’s strength.