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Showing posts with the label ADVFN III World Daily Markets Bulletin ( December 3

ADVFN III World Daily Markets Bulletin ( December 3, 2012 )

ADVFN I I I World Daily Markets Bulletin Daily world financial news US Market Stocks Give Back Ground After Seeing Initial Strength Stocks moved higher at the start of trading on Monday, extending the upward move seen over the course of the two previous weeks. The major averages all moved to the upside at the open but did not see much follow-through on the initial upward move. The major averages have pulled back well off their highs for the session but currently remain in positive territory. The Dow is up 28.45 points or 0.2 percent at 13,054.03, the Nasdaq is up 13.05 points or 0.4 percent at 3,023.29 and the S&P 500 is up 4.65 points or 0.3 percent at 1,420.83. The initial strength on Wall Street was partly due to positive manufacturing data out of China, with the data generating optimism about the outlook for the global economy. A report from the China Federation of Logistics and Purchasing showed that its purchasing managers' index ro