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Showing posts with the label ADVFN World Daily Markets Bulletin May 9

ADVFN World Daily Markets Bulletin May 9, 2013.

ADVFN I I I World Daily Markets Bulletin Daily world financial news Thursday, 09 May 2013 US Market Stocks Showing A Lack Of Direction In Early Trading Stocks are nearly flat in early trading on Thursday after moving mostly higher over the past several sessions. The major averages moved modestly lower at the start of trading but have shown a lack of direction since then. Currently, the major averages are lingering near the unchanged line. The Dow is up 3.56 points or less than a tenth of a percent 15,108.68, while the Nasdaq is down 0.13 points or less than a tenth of a percent at 3,413.14 and the S&P 500 is down 1.03 points or 0.1 percent at 1,631.66. While profit taking contributed to the initial weakness on Wall Street, selling pressure waned not long after the open. Traders have recently seemed reluctant to sell stocks and miss out on any further upside for the markets. Upbeat jobs data also helped to limit the downside for the ma