INQUIRER.net: US stock market wavers as Europe’s economy slows

INQUIRER.net Philippine News for Filipinos

US stock market wavers as Europe's economy slows Feb 15th 2013, 01:24 NEW YORK — Renewed worries about Europe overshadowed an encouraging U.S. jobs report on Thursday, leaving major stock indexes roughly where they started.   Germany's economy shrank more than expected late last year, and the slowdown in Europe's largest economy deepened the region's ongoing recession. That's a troubling sign for the U.S., because sales to Europe have been a boon for American companies.   The Dow Jones industrial average fell 9.52 points to close at 13,973.39.   After a strong start, the stock market has drifted sideways over the previous week with few major events to sway investors. That calm could disappear soon, said Doug Cote, chief m... Keep on reading: US stock market wavers as Europe’s economy slows Media files: Wall-Street-Premarket.jpg (image/jpeg)

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