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Showing posts with the label ADVFN III World Daily Markets Bulletin -November 19

ADVFN III World Daily Markets Bulletin -November 19, 2012-.

ADVFN I I I World Daily Markets Bulletin Daily world financial news US Market 11/19/2012 11:07 AM ET After moving mostly higher over the course of the previous session, stocks have seen some further upside in morning trading on Monday. The major averages have moved sharply higher, climbing further off last Thursday's multi-month lows. The rally on Wall Street reflects optimism that leaders in Washington will be able to reach an agreement and avoid the fiscal cliff looming at the end of the year. A pair of upbeat U.S. housing reports have also generated some positive sentiment, with separate report showing an unexpected increase in existing home sales and a substantial improvement in homebuilder confidence. Gold stocks are seeing considerable strength in late morning trading, with the NYSE Arca Gold Bugs Index up by 2.2 percent. The strength in the sector comes amid a notable increase by the price of gold. Significant strength has also emer