A day after the market got crushed on negative global economic data, the Dow Jones Industrial Average
Overnight markets fell in Asia, and the FTSE and DAX were down about 1% in Europe. A key German economic indicator fell by 1.6 points earlier today, coming in below market expectations. At the G20 Summit, Spanish Prime Minister Mariano Rajoy has come under criticism for not grasping the severity of his country's financial situation or responding to it appropriately.
Rumors are swirling that Google
While Dow futures may be headed north right now, I'd expect any recovery today to be a tepid one. Yesterday's negative economic news still lingers, and little has changed to restore confidence that Europe can overcome its debt crisis. With no economic reports scheduled today, there is little reason to see why market winds would change.
Keep your eye on the ace
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Fool contributor Jeremy Bowman owns shares of Google. The Motley Fool owns shares of Bank of America Corporation Com and JP Morgan Chase. The Fool owns shares of Google. Motley Fool newsletter services have recommended buying shares of Google. The Motley Fool has a disclosure policy.
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