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Showing posts with the label ADVFN III World Daily Markets Bulletin -September 11

ADVFN III World Daily Markets Bulletin -September 11, 2012-.

ADVFN I I I World Daily Markets Bulletin   Daily world financial news Tuesday, 11 September 2012 US Market Reports Stocks Mostly Higher Amid Optimism About Further Stimulus 9/11/2012 11:06 AM ET With traders expressing optimism about further monetary stimulus, stocks are mostly higher in late morning trading on Tuesday. The major averages have rebounded after ending the previous session firmly in negative territory. The strength on Wall Street comes as traders look ahead to the Federal Reserve's upcoming monetary policy meeting. Many expect the central bank to announce a third round of quantitative easing to stimulate the sluggish economy. Nonetheless, buying interest remains relatively subdued amid uncertainty about the outcome of the meeting as well as the German Federal Constitutional Court's ruling on a request for a temporary injunction against Europe's permanent bailout fund. Steel stocks have moved sharply higher on the day