Showing posts with the label ADVFN III World Daily Markets Bulletin

ADVFN III World Daily Markets Bulletin

35864250 ADVFN I I I World Daily Markets Bulletin   US Market Reports Stocks Moving Mostly Higher Following Housing Data Stocks have moved mostly higher over the course of morning trading on Tuesday, adding to the strong gains posted in the previous session. The major averages have climbed more firmly into positive territory after showing a lack of direction earlier in the session. The markets have benefited from a positive reaction to a report from the National Association of Realtors showing an increase in existing home sales. Traders also continue to pick up stocks at reduced levels following the sell-off seen in recent weeks. Banking stocks are posting particularly strong gains in late morning trading, resulting in a 2.6 percent jump by the KBW Bank Index . Financial giants JP Morgan , Citigroup (C) and Bank of America are turning in some of the sector's best performances. Significant strength has also emerged among housing stocks, which ha