Fears About State of Chinese Economy Bring Stocks Down (AMZN, HPQ)

Major indices were down today as continued signs that the Chinese economy might be softening up. Signs of deflation, plus the recent reduction in China's growth target, combined to cause investor anxiety. In corporate news, Amazon's (AMZN) stock price was up as investors celebrated the purchase of Kiva Systems in anticipation of further automation of Amazon's workforce. The Wall Street Journal is reporting that Hewlett-Packard (HPQ) is about to undergo a major restructuring involving the combining of their printer and personal computer groups.

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Published on Mar 19, 2012
By InvestorGuide Staff

Copyrighted 2016. Content published with author's permission.

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