Showing posts with the label ADVFN III World Daily Markets Bulletin March 11 2013.
ADVFN I I I World Daily Markets Bulletin Daily world financial news Monday, 11 March 2013 US Market Stocks Showing A Lack Of Direction Following Recent Strength After showing a strong move to the upside last week, stocks are showing a lack of direction during trading on Monday. Traders seem reluctant to make any significant moves after recent gains lifted the Dow to a record closing high. The major averages are currently turning in a mixed performance, although they are all lingering near the unchanged line. While the Nasdaq is down 2.80 points or 0.1 percent at 3,241.57, the Dow is up 16.60 points or 0.1 percent at 14,413.67 and the S&P 500 is down 0.63 points or less than a tenth of a percent at 1,551.81. The choppy trading on Wall Street comes as many traders have moved to the sidelines, waiting to see if the can extend their recent upward trend. A relatively quiet day on both these corporate and economic news fronts is also contributing