RTTNews | Daily Market Analysis: Stimulus Hopes Gain Ground Ahead Of Bernanke's Testimony
Daily Market Analysis Tuesday, July 17, 2012, 09:21 Stimulus Hopes Gain Ground Ahead Of Bernanke's Testimony The major U.S. index futures are pointing to a higher opening on Tuesday, with sentiment getting a lift from expectations that the Federal Reserve will act benevolently to kick start the sagging economic growth. Expectations of policy measures from overseas governments and central banks are also gaining ground. Earnings from blue chips such as Coca Cola (KO) and Goldman Sachs (GS) were encouraging, quelling some apprehensions concerning corporate profit growth. (Jul 17, 2012) Full Article