Skip to main content

Posts

Showing posts with the label ADVFN III World Daily Markets Bulletin May 22

ADVFN III World Daily Markets Bulletin May 22, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Wednesday, 22 May 2013 US Market Stocks Moving Modestly Higher In Early Trading Stocks have moved modestly higher in early trading on Wednesday, adding to the slim gains posted in the previous session. The major averages have all climbed into positive territory, although buying interest has remained relatively subdued. The major averages have seen some further upside in recent trading, reaching new highs for the young session. The Dow is up 43.33 points or 0.3 percent at 15,430.91, the Nasdaq is up 8.15 points or 0.2 percent at 3,510.27 and the S&P 500 is up 4.90 points or 0.3 percent at 1,674.06. The early strength on Wall Street reflects optimism ahead of Federal Reserve Chairman Ben Bernanke's highly-anticipated testimony before the Joint Economic Committee of Congress. While Fed officials have recently delivered mixed remarks regarding the outlook for the centr