Morning Market Roundup (7/23/2012)

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By Stuart Stelzer Updated Published
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Subject: Ten States Where Young People Can’t Find Work

Unemployment in the United States has been a hot-button issue since the Great Recession left millions out of work. While the employment picture has begun to improve, albeit slowly, one group that still is in particular trouble is those aged 20 to 24 years old. These are the ten states where young people cannot find work.

As always, here are the top major media headline summaries from WSJ, FT, Bloomberg, and more. Today’s top analyst upgrades and downgrades were in shares of BIIB, CNK, DECK, EXA, HGSI, IMAX, KBH, MAR, MDC, MOS, NVR, ONXX, RGC, RYL, SLB, SRE, VRSN and WAG. Here are the top rumors of the day. The most important financial news affecting the markets today.

A look at the Hang Seng shows the extent to which contagion has hit China.

Spain’s GDP dropped 1%, which means it is too late for a stimulus program to help it.

Roubini’s comments about the U.S. appear to be right for the first time in several years.

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JON C. OGG

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