10-22-09 Daily Small Cap Market News and Stock Highlights
Stocks are mixed as investors sort through a disappointing reading on the labor market and another batch of earnings reports
The market is trying to rebound a day after a late-session sell off pushed major indexes lower. Lingering concerns over whether investors had been overly optimistic about an economic rebound in pushing the market higher recently fed into Wednesday’s decline.
Overseas markets were tumbling following the U.S. market’s drop Wednesday, and as uncertainty mounted about Chinese stimulus measures aimed at pumping up that country’s economy.