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Showing posts with the label ADVFN III World Daily Markets Bulletin (December 12

ADVFN III World Daily Markets Bulletin (December 12, 2012).

ADVFN I I I World Daily Markets Bulletin   Daily world financial news US Market Stocks Seeing Modest Strength Amid Optimism About Fed Extending a recent upward trend, stocks are seeing modest strength in early trading on Wednesday. The major averages are seeing further upside after ending the previous session at their best closing levels in well over a month. The major averages have pulled back off their highs for the young session but are holding on to modest gains. The Dow is up 35.86 points or 0.3 percent at 13,284.30, the Nasdaq is up 6.73 points or 0.2 percent at 3,029.03 and the S&P 500 is up 4.40 points or 0.3 percent at 1,432.24. The early strength on Wall Street comes amid optimism about the likelihood of further stimulus from the Federal Reserve, with the central bank due to make a monetary policy announcement later this afternoon. Many analysts expect the Fed to announce a new round of Treasury securities purchases to replace its &quo