Today's Key Market News - Falling Apart

We arose this morning to a market suddenly hypersensitive to every market and economic concern in existence. All signs point toward market instability in the near term, and today's Durable Goods Orders Report for the month of June showed a decline when excluding transportation orders. Also, business investment was lower for the second month in a row. Second quarter GDP forecast revisions are likely ensuing as a result.

Email subscribers should be aware that we do not send every article to you, so as to not overburden your inbox. For instance, last evening, we published "Earnings Roundup" without mailing. You will have to visit the site to see what you missed. We plan to only mail "Today's Morning Coffee" and occasional other value added pieces in the future. Now please find all of today's market-moving news below, and remember, you can find these important news stories fresh daily in our sidebar section, "Key Headlines." "Today's Morning Coffee" is on its way.

Bloomberg: Durable Goods Orders
Bloomberg: Corporate Bond Risk Rising
AP/Yahoo!: Weekly Initial Jobless Claims Declined
Wall Street Journal: June New Home Sales Fell
Yahoo! Earnings Calendar
AP/Yahoo!: Ford Swings Profit (NYSE: F)
USA Today: Union Trouble May Lie Ahead for Automakers
AP/Yahoo!: Apple's Results (NASDAQ: AAPL)
AP/Yahoo!: Dow Chemical Profit Inches Higher (NYSE: DOW)
AP/Yahoo!: Aetna Profit Up 16% (NYSE: AET)
AP/Yahoo!: Office Depot Earnings Fall (NYSE: ODP)
AP/Yahoo!: Newell Rubbermaid Reports (NYSE: NWL)
CNN Money: ExxonMobil Profit Miss (NYSE: XOM)
CNBC: 3M Reports Higher Profit (NYSE: MMM)
CNBC: Beazer Homes Posts Loss (NYSE: BZH)
Financial Times: Debt Problems Signal End to Buyout Boom
CNBC: Moody's Sees More Declines for Home Prices
CNN Money: Prime Borrowers Catching Subprime Ills
Forbes: China Market Tops Record
CNBC: Crude Surges to High
CNN Money: Corn Prices Fall
Economist: China Takes the Bank
Reuters: Iran Says Will Never Stop Nuclear Activity
Iran Daily: Tales from the Dark Side

Subscribe to receive our postings via email the moment they reach the site. We are committed to preserving your privacy, and will not share your information. If you are unsatisfied at any time, it's very simple to unsubscribe. (disclosure)