Thursday, November 01, 2007

Profit Taking Contributes To Some Weakness In Morning Trading - U.S. Commentary []

Profit Taking Contributes To Some Weakness In Morning Trading - U.S. Commentary []
Stocks have come under pressure over the course of morning trading on Tuesday, with the major averages giving back some ground after trending higher in recent sessions. Profit taking has contributed to the downward move, although selling pressure has remained relatively subdued.

Stocks Close Sharply Higher After Volatile Reaction To Interest Rate Cut - U.S. Commentary []
While the U.S. stock markets initially fell sharply following the announcement of the Federal Reserve's latest decision on interest rates on Wednesday, the major averages bounced back to the upside shortly afterward, ending the session firmly in positive territory.

Market Opens Sharply Higher; Capital Goods, Energy Stocks Gain - Indian Commentary []
Thursday, Indian shares opened sharply higher on positive cues from global markets. At 10:07 a.m. IST, the Sensex was adding 211 points to 20,049 and the broader Nifty was climbing 75 points to 5,975.

Japan Stocks Posed For Higher Open On Fed Rate Cut, Wall Street Lead []
Japanese share traders are looking for a higher open on Thursday, gaining momentum from Wall Street's rally on the heels of the U.S. Federal Reserve's decision to cut a key interest rate by 25 basis points.

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