24/7 Wall St. Closing Bell — October 8, 2012: Markets Open Lower, Can’t Overcome Expected Weak Earnings (ALU, LNKD, BBBY, HMC, BLK, DNN, AA, YUM, VRNG, REGI, GDOT, WMT, AXP, TPCG)
The three major U.S. stock indexes opened lower this morning as banks and bond markets were closed in the U.S. The World Bank cut its forecast for Chinese economic growth in 2012…