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U.S. markets news

Wall St. slides as Portugal bank worry triggers selloff
NEW YORK (Reuters) - U.S. stocks fell on Thursday after the health of Portugal's top listed bank was questioned, bringing back to markets the specter of a weakened Europe.
Markets Tumble on Portuguese Bank Woes  Wall Street Journal
Portugal's banking turmoil revives darkest nightmares about Europe  MarketWatch
CNNMoney   Related articles »  
Jobless claims flirt with post-recession lows
The number of Americans filing new claims for unemployment benefits fell last week to one of its lowest levels since before the 2007-09 recession, a sign of increasing health in the labor market.
Weekly jobless claims fall to 304000, near seven-year low  Los Angeles Times
US Jobless Claims Fall 11000 to 304000  TheStreet.com
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Average US 30-Year Mortgage Rate Rises to 4.15 Pct
Average U.S. rates on fixed mortgages edged up slightly this week, remaining near historically low levels. Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week.
US Mortgage Rates Increase as Job Market Improves  Businessweek
Mortgage Rates Tick Up; Still Lower Than a Year Ago  DailyFinance
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Lumber Liquidators plunge in extended trade following outlook cut
NEW YORK (Reuters) - Shares of Lumber Liquidators Holdings Inc plunged in extended trade on Wednesday after the specialty retailer cut its earnings outlook, raising doubts about a pick up in retail spending from the first quarter.
Sympathy Companies In Play Following Lumber Liquidators, Tractor Supply ...  Benzinga
Stock Downgrades: Lumber Liquidators Magic Carpet Ride Ends With Trading ...  Minyanville.com
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For Retailers, Spring Weather Isn't Enough
Family Dollar Stores Inc. FDO +0.44% Family Dollar Stores Inc. U.S.: NYSE $64.52 +0.28 +0.44% July 10, 2014 10:58 am Volume (Delayed 15m) : 1.24M P/E Ratio 18.95 Market Cap $7.31 Billion Dividend Yield 1.91% Rev.
Family Dollar Shares Slump As Profit Falls  Forbes
Family Dollar sales comparable sales down 1.8% as net sales total $2.7 ...  Drug Store News
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Fed Saw Investors As Too Complacent On Risk As Exit Plan Evolves
Some Federal Reserve policy makers were concerned investors may be getting too complacent and indicated they're on the lookout for excessive risk-taking, minutes of their June meeting show.
Why the Fed announced the end of bond purchases in the minutes  MarketWatch (blog)
Rising bond yields point to rate hikes  Financial Times
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India Seeks More Foreign Investment in Defense and Insurance
NEW DELHIļæ½India on Thursday proposed allowing more foreign ownership of military hardware manufacturers and insurance companies, but stopped short of allowing controlling stakes in the key industries.
Budget 2014: FDI in defence good for technology transfer, says Sanjay Puri  Economic Times
Budget 2014: Industry Welcomes Boost to Renewable Energy  NDTV
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UAW to Open Office at Volkswagen's Chattanooga Plant
Union membership would be voluntary, but the local outpost would work with management to establish a "works council" to set up work rules at the plant similar to other VW plants around the world, according to a report in the Nashville Tennessean.
UAW to establish local union for Chattanooga VW plant  Detroit Free Press
Volkswagen and UAW to create union at Tennessee plant  Al Jazeera America
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Majority of Republicans like their new health insurance plans
The majority of Republicans who enrolled in new health insurance coverage are satisfied with their decision, a new survey found. Seventy-four percent of newly insured Republicans liked their plans, according to data recently released by a research group, ...
Obamacare's big winners: Young, Latino and poor  CNBC.com
Yes, millions of uninsured Americans did get coverage through Obamacare  Portland Business Journal
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US wholesale inventories rise, point to rebound in Q2 GDP
WASHINGTON, July 10 (Reuters) - U.S. wholesale inventories rose in May, reinforcing the view that economic growth should surge in the second quarter following a weak first three months of the year.
US wholesale inventories climb 0.5% in May  MarketWatch
US wholesalers slow restocking as sales weaken  Madison.com
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