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Showing posts with the label ADVFN III World Daily Markets Bulletin; June 26

ADVFN III World Daily Markets Bulletin; June 26, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Wednesday, 26 June 2013 US Market Stocks Climbing Further Off Recent Lows  Stocks moved sharply higher at the start of trading on Wednesday, adding to the gains posted in the previous session. The major averages showed strong moves to the upside, climbing further off Monday's two-month lows. The major averages have pulled back off their highs for the young session but are currently holding on to strong gains. The Dow is up 119.34 points or 0.8 percent at 14,879.65, the Nasdaq is up 27.54 points or 0.8 percent at 3,375.42 and the S&P 500 is up 13.72 points or 0.9 percent at 1,601.75. The initial strength on Wall Street came as traders continued to pick up stocks at reduced levels following the sell-off seen in the aftermath of the Federal Reserve's recent monetary policy announcement. Easing concerns about a Chinese credit crunch have also generated some buying inter