This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Things You Need to Know Before the Stock Market Opens

BOSTON ( TheStreet) -- The final trading day of 2011, which will decide whether the S&P 500 ends the year up or down, leads your quick fix of company, market, economic and investing news for Friday, Dec. 30.

Friday's 5 Biggest Stories

Stock futures are fluctuating. Where will the S&P 500 end the year? Place your bets now. Bloomberg

Raise your hand if you expected the IMF to tell Greece that a 50% haircut on its bonds wouldn't be enough. WSJ

It's a good thing former Hewlett-Packard (HPQ - Get Report) CEO Mark Hurd says it's riddled with inaccuracies, because Gloria Allred's letter detailing his alleged sexual harassment makes him look pretty bad. Thomson Reuters

China's manufacturing activity contracted again in December. Is another reserve ratio cut not far behind? Bloomberg

After a very ugly public mess, TCW and Jeff Gundlach's DoubleLine Capital settle their beef privately. DealBook


Company News

Only a few more days until the NYSE says "so long" to shares of bankrupt AMR Corp. (AMR). WSJ

No surprise here: Bank of America (BAC - Get Report) is on pace to be the worst performing Dow stock of the year. Bloomberg

After detailing some its store closures, Sears Holdings (SHLD - Get Report) has its debt cut further into junk status territory by Fitch Ratings. CBS


Markets

Complacency is haunting the bond market. Global Macro Monitor

Money market funds are seeing their biggest inflows despite zero yields. FT


Investment Strategy

Hedge funds fudging their quarterly return numbers? That doesn't sound like them at all. WSJ

Something's gotta give in 2012, but what will it be? MarketWatch


Odds and Ends

You have to love it when author Michael Lewis playfully skewers his alma mater, although this time it's not Goldman! Bloomberg

Happy New Year! Here's hoping for a happy and healthy 2012 to you and yours. Here's the only New Year's-related video I could think of, courtesy of U2. YouTube

-- Written by Robert Holmes in Boston.



>To contact the writer of this article, click here: Robert Holmes.

>To follow Robert Holmes on Twitter, go to http://twitter.com/RobTheStreet.

>To submit a news tip, send an email to: tips@thestreet.com.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
BAC $15.41 0.13%
HPQ $31.31 0.48%
SHLD $41.32 -0.14%
YHOO $44.13 -0.69%
AAPL $124.25 -0.14%

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs