Monday, November 12, 2007

Wall Street Headed For Modest Gains - U.S. Commentary []

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.

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