Stocks Close Sharply Lower Amid Concerns About Inflation - U.S. Commentary []
After moving sharply lower at the open, the U.S. stock markets saw some further downside over the course of the trading session on Friday. The weakness in the markets was partly due to renewed concerns about the outlook for inflation.
Inflation Concerns Contribute To Some Weakness On Wall Street - U.S. Commentary []
With recent data raising concerns about the outlook for inflation, the U.S. stock markets have come under pressure in morning trading on Friday. Stocks have moved mostly lower after ending the previous session mixed.
Stocks Remain Under Pressure In Mid-Afternoon Trading - U.S. Commentary []
After moving lower at the open, the U.S. stock markets have seen some further downside over the course of the trading session on Monday. The major averages have all moved firmly into negative territory, extending the downward move that was seen in the previous session.
Stocks Seeing Modest Strength In The Late Morning - U.S. Commentary []
With positive earnings reported by several companies, stocks remain higher in late-morning trading on Tuesday, though they are off their intraday highs. Goldman Sachs (GS) and Best Buy (BBY) both reported better than expected earning, inspiring traders to go bargain hunting.
Markets Likely To Consolidate At Current Levels On Back Of Mixed Cues From Asia - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian market on Tuesday. However, bargain buying, following the sharp fall on Monday, might provide some degree of support to the market. While the U.S. market extended its losses on Monday amid economic and credit concerns, the major markets across the Asia-Pacific region have recovered to some extent after starting off the second trading session of the week on a weak note.
Stocks Move To The Downside At The Open - U.S. Commentary []
After seeing considerable weakness in the previous session, stocks saw some further downside at the start of trading on Monday. The major averages all moved into negative territory amid lingering concerns about the outlook for the economy.
Stocks Likely To See Notable Weakness In Early Trading - U.S. Commentary []
Stocks could see some weakness in early trading on Monday, with the major U.S. index futures indicating a lower open for the markets. With any downward move, stocks would add to the losses that were seen last week.
Australian Market Closes Slightly Lower; Centro Tumbles []
Tuesday, Sydney shares closed slightly lower, recouping most of the early losses after investors started hunting for bargain buys in late trade. The market had opened sharply lower, tracking Wall Street's plunge overnight on worries about the housing slump and increased inflation risk.
Tuesday, December 18, 2007
Stocks Close Sharply Lower Amid Concerns About Inflation - 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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