AP - Stocks may already be pricing in a recession, but they haven't priced in a very deep one.
If this week's data on the job market and manufacturing are worse than Wall Street is anticipating, investors should not be surprised to see another tumble.
Stocks set for a lower start
A busy first full week of 2009 for Wall Street was set to start on a lower note Monday, as investors prepared for December auto sales and began reacting to the Obama stimulus plan.
Wall Street braces for 2009's first full week (AP)
AP - Wall Street will open for trading Monday at a two-month high as investors have grown more optimistic that the worst of the market's rout might be over. But, analysts contend, the real...
Wall Street enjoys upbeat start to 2009 (AP)
AP - Wall Street started the new year optimistically Friday as investors brushed off a weaker-than-expected report on manufacturing and sent stocks sharply higher. The Dow Jones industrials...
Stocks seesaw
Stocks gyrated in early trade Thursday after investors absorbed a better-than-expected report on the job market and watched oil prices fall below $40 a barrel, levels not seen since June 2004.
Wall Street expects jobless claims to rise (AP)
AP - Wall Street expects the government to report that new claims for unemployment benefits increased last week as companies ramped-up layoffs amid the recession.
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