Shares of the following companies may have unusual moves in U.S. trading.
President Barack Obama said manufacturing can lead the nation’s recovery from the recession even as changes in technology and the global economy have dislocated workers and forced companies to adapt.
European stocks rose for a third week as the Federal Reserve said it would act as needed to support the recovery and economic reports and a successful government bond sale in Spain boosted investors’ confidence.
Alan Lancz, a trader and publisher of the Lancz Letter and LanczGlobal.com, talks with Bloomberg's Pimm Fox and David Wilson about his stock market outlook.
European stocks fell this week after the Federal Reserve said the pace of economic recovery is likely to be “more modest” than forecast and European industrial production unexpectedly declined.
"The global slowdown and the uncertainty in what's going on in Europe is not going to help matters at Alcoa. Alcoa is a good barometer. If there's a slowdown or lesser expectations on consensus, that will bode across the entire cyclical spectrum as far as global economic growth goes."
- Alan Lancz on Jun 28, 2011
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