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

ADVFN III World Daily Markets Bulletin (January 3, 2013).

ADVFN I I I World Daily Markets Bulletin   Daily world financial news Supplied by advfn.com Thursday January 3, 2013 US Market Profit Taking Contributes To Modest Weakness In Early Trading Stocks have moved modestly lower in early trading on Thursday, giving back some ground after ending the previous session sharply higher. The major averages have slid into negative territory, although selling pressure has remained relatively subdued. The major averages have recently edged up off their lows for the young session but remain stuck in the red. The Dow is down 42.90 points or 0.3 percent at 13,369.65, the Nasdaq is down 7.28 points or 0.2 percent at 3,104.98 and the S&P 500 is down 3.98 points or 0.3 percent at 1,458.44. The early weakness on Wall Street comes as some traders cash in on the strong gains posted on Wednesday, which came on the heels of news of a last-minute fiscal cliff agreement in Washington. With the strong gains on the Wednesday,