Morningstar Morning Research Update Friday, Oct 19, 2012

19-Oct-2012

Overseas Market Report

Stocks fell, snapping a four-day streak of gains for the Dow industrials, as a measure of US layoffs rose more than expected and a surprise earnings report from Google weighed on the technology sector.

The Dow Jones Industrial Average fell 8.06 points, or 0.1%, to 13,548.94, halting its longest rally since a four-day run that ended Sept. 14. .. Read More

Research Updates (8)

© 2012 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/s/fsg.pdf.

ENDS

© Scoop Media