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Showing posts with the label ADVFN III World Daily Markets Bulletin -November 27

ADVFN III World Daily Markets Bulletin -November 27, 2012-.

ADVFN I I I World Daily Markets Bulletin   Daily world financial news November 27, 2012 US Market Stocks Seeing Modest Weakness Despite Upbeat Data With traders shrugging off a batch of largely upbeat U.S. economic data, stocks have moved moderately lower during trading on Tuesday. The major averages have slipped into negative territory, although selling pressure has remained relatively subdued. The modest weakness on Wall Street comes as traders express continued uncertainty about whether lawmakers in Washington will be able to put aside their differences and reach an agreement to avoid the fiscal cliff looming at the end of the year. The worries about the fiscal cliff have offset upbeat reports on U.S. durable goods orders, home prices, and consumer confidence as well as news of another round of bailout financing for Greece. Electronic storage stocks have shown a notable move to the downside, dragging the NYSE Arca Disk Drive Index down by 1.2