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Showing posts with the label ADVFN III World Daily Markets Bulletin Thursday

ADVFN III World Daily Markets Bulletin Thursday, August 9 2012

ADVFN I I I World Daily Markets Bulletin   Daily world financial news Thursday, 09 August 2012 US Market Reports    Stocks Showing A Lack Of Direction In Early Trading Stocks are turning in another lackluster performance in early trading on Thursday after ending the previous session nearly flat. The major averages are showing only modest moves, hovering near their recent three-month highs. The major averages have moved to the upside in the past few minutes and are currently posting modest gains. The Dow is up 11.70 points or 0.1 percent at 13,187.34, the Nasdaq is up 7.04 points or 0.2 percent at 3,018.29 and the S&P 500 is up 1.40 points or 0.1 percent at 1,403.62. The choppy trading on Wall Street comes as traders express continued uncertainty about the near-term outlook for the markets following the recent strength. While optimism about further monetary stimulus helped to drive stocks higher, traders seem reluctant to continue buying without

ADVFN III World Daily Markets Bulletin Thursday, 02 August 2012

ADVFN I I I World Daily Markets Bulletin Daily world financial news Thursday, 02 August 2012 US Market Reports Stocks Regain Ground Following Initial Downward Move After closing lower in the three previous sessions, stocks saw some further downside at the start of trading on Thursday. The major averages slide firmly into negative territory, although selling pressure waned not long after the open. The major averages have climbed well off their lows for the young session but currently remain in the red. The Dow is down 81.28 points or 0.6 percent at 12,889.78, the Nasdaq is down 2.78 points or 0.1 percent at 2,917.43 and the S&P 500 is down 8.31 points or 0.6 percent at 1,36.83. The initial weakness on Wall Street was partly due to a negative reaction to comments by European Central Bank President Mario Draghi, who traders felt failed to live up to last week's promise to do whatever is necessary to support the beleaguered eurozone. Speak