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Showing posts with the label ADVFN III World Daily Markets Bulletin May 17

ADVFN III World Daily Markets Bulletin May 17, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Friday, 17 May 2013 US Market Stocks Regaining Ground After Yesterday's Pullback Stocks moved notably higher at the start of trading on Friday, partly offsetting the weakness that was seen in the previous session. The major averages have all moved back to the upside after ending Thursday's trading in the red. The major averages have recently pulled back off their highs for the young session but are currently holding on to modest gains. The Dow is up 41.33 points or 0.3 percent at 15,274.55, the Nasdaq is up 10.94 points or 0.3 percent at 3,476.19 and the S&P 500 is up 5.66 points or 0.3 percent at 1,656.13. The early strength on Wall Street comes as some traders buy on the dip that was seen on Thursday, which reflected some disappointing U.S. economic data as well as worries about the Federal Reserve paring back its asset purchase program. Buying interest has