Wall Street Headed For Modest Gains - U.S. Commentary []
Stocks are headed for a modestly higher opening on Thursday a day after the markets plunged on renewed credit fears and a record quarterly loss from General Motors (GM).
Financials Pull Markets Lower - U.S. Commentary []
Credit concerns continue to plague the markets on Friday after one of the nation's biggest banks announced further write-downs due to the housing market meltdown.
General Motors And Oil Push Markets Sharply Lower - U.S. Commentary []
With oil spiking to a new record high and General Motors (GM) reporting a sharp third-quarter loss, the U.S. stock markets are declining significantly on Wednesday, reversing strong gains seen in the previous session.
Tech Continues To Lead Stocks Lower - U.S. Commentary []
Wall Street continues to see notable weakness on Friday, with technology stocks leading the downward trend.
US Dollar Extends Gains Against Euro And Pound []
During the early Asian deals on Monday, the US dollar strengthened against its major European counterparts. The US currency is trading near a 5- day high against the pound, and a 3-day high against the euro, as of now.
Monday, November 12, 2007
Wall Street Headed For Modest Gains - U.S. Commentary []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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