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Showing posts with the label ADVFN III World Daily Markets Bulletin - August

ADVFN III World Daily Markets Bulletin - August, 20, 2012 -

ADVFN I I I World Daily Markets Bulletin   Daily world financial news Monday, 20 August 2012 US Market Reports Stocks Seeing Modest Weakness Following Recent Strength 8/20/2012 10:01 AM ET Stocks are seeing modest weakness in early trading on Monday, giving back some ground following the recent strength in the markets. The major averages have slipped into negative territory, although selling pressure has remained subdued. The major averages are currently posting modest losses but are off their lows for the young session. The Dow is down 12.85 points or 0.1 percent at 13,262.35, the Nasdaq is down 7.64 points or 0.3 percent at 3,068.95 and the S&P 500 is down 1.76 points or 0.1 percent at 1,416.40. Profit taking may be contributing to the early weakness on Wall Street, with some traders cashing in on the recent gains, which lifted the major averages to their highest levels in over three months. A negative reaction to disappointing quarterl