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Showing posts with the label August 9 2012

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