Stocks Close Sharply Lower Amid Concerns About The Economy - U.S. Commentary []
With traders once again expressing concerns about the outlook for the economy, the U.S. stock markets saw substantial weakness on Monday. Most stocks came under pressure, extending the steep 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.
Stocks Likely To Rebound On Better Than Expected Earnings - U.S. Commentary []
After falling sharply in the two previous sessions, stocks are likely to regain some ground in early trading on Tuesday. The major U.S. index futures are pointing to a higher open, with traders likely to go bargain hunting following the recent weakness.
Wednesday, December 19, 2007
Stocks Close Sharply Lower Amid Concerns About The Economy - 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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