US stocks fell

[katie]

Always diversify your trades

Think, analyze, go through market news daily

beware of speculations and then buy or sell the particular commodity, stock or currency or an asset...

always have some money saved in a bank...coz we never know what would be the next movement of the markets

Government bonds in the US fell after stock markets rose and as investors eyed a crucial employment report due on Friday. Rick Klingman, managing director of Treasury trading at BNP Paribas in New York, said: "We do seem to be moving tick for tick with stocks for the most part but I think we're kind of rangebound until we get payrolls.

The euro came under pressure on Thursday from the dollar after ECB president Jean-Claude Trichet said he expects economic recovery in the region to be patchy. The sterling on the other hand rose against the dollar after data showed growth in Britain's services industry.

Oil rose on Tuesday after rise in US retail sales in August gave a reason for the recession to have come to a close end. John Kilduff, senior vice president of energy at MF Global in New York, said: "The falling dollar, the OPEC forecasts for increased demand and the economic data, especially the retail sales number, meant it was just a matter of time before oil climbed. You are seeing strength in almost all of the commodities.”

After US retail sales for August fell, investors doubted the recovery process, in turn bought treasuries. Federal Reserve's move to keep interest rates low also gave bonds the importance. The Fed commented : "Economic activity is likely to remain weak for a time." But Fed also said that growth was "leveling out" or "picking up".

The yield on the benchmark 10 year note fell by 5 basis points to 3.37 percent.

Stocks fell when there was unexpected contraction in S&P's index business activity. An unexpected fall in the US consumer confidence in September brought down the shares at Wall street. It also activity prompted concern that the economy is struggling to recover.

Ralph Shive, Manager of the $1.3 billion Wasatch-1st Source Income Equity Fund said: "we’re in the faith part of the economic cycle. All of us to some degree are guessing how strong the recovery is or how long it will take. Market prices have anticipated a decent recovery at this point. At some point we need to see earnings turn.”