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US stock futures tumble
Friday, April 06, 2012
More losses were incurred by Standard and Poor's 500 Index as U.S. stock futures fell on April 6 amid a weak dollar and a disappointing jobs report from the U.S. Bureau of Labor Statistics.
According to a Bloomberg report, S and P 500 futures dropped 1.1 percent to 1,374.90, with the dollar losing as much as 1.3 percent to 81.31 yen, the lowest in a month, the news source stated.
“This is a real shock,” Donald Selkin, the New York-based chief market strategist at National Securities Corporation, which manages about $3 billion, told the news source. “Everybody is so hung up on the 200,000 [[jobs]] increase.”
Participating in the stock market can be intimidating, but one new report from a financial advising company is urging U.S. consumers to consider putting their financial eggs in more than just one basket. Diversifying assets could play a crucial role in building financial security over the long haul, the report states, with stocks, bonds and cash all contributing to an investment portfolio.
Consumers who want to get involved in stock trading may want to look into online investment opportunities.
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