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Showing posts with the label ADVFN III World Daily Markets Bulletin; May 24

ADVFN III World Daily Markets Bulletin; May 24, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Friday, 24 May 2013 US Market Stocks Come Under Pressure Amid Worries About The Fed Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session. The Dow is down 63.43 points or 0.4 percent at 15,231.07, the Nasdaq is down 20.31 points or 0.6 percent at 3,439.11 and the S&P 500 is down 10.45 points or 0.6 percent at 1,640.06. The early weakness on Wall Street comes following the release of a report from the Commerce Department showing a bigger than expected rebound in durable goods orders in the month of April. While the report suggests an impending rec