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Friday, December 28, 2007

Stocks Moving To The Upside In Mid-Afternoon Trading - U.S. Commentary []

Stocks Moving To The Upside In Mid-Afternoon Trading - U.S. Commentary []
After turning in a mixed performance earlier in the session, the U.S. stock markets have moved to the upside in recent trading on Thursday. The Dow and the S&P 500 have climbed above the unchanged, rejoining the Nasdaq in positive territory.

Stocks Turning In Mixed Performance In Mid-Afternoon Trading - U.S. Commentary []
With many traders still away from their desks following the holiday, stocks have shown a lack of direction in recent trading on Wednesday. While the major averages have moved well off their lows, the Dow and the S&P 500 have been bouncing back and forth across the unchanged line.

Stocks Remain Mostly Negative In Late Morning Trading - U.S. Commentary []
While selling pressure has waned from earlier in the session, stocks are seeing continued weakness in late-morning trading on Wednesday. Worries about higher oil prices and weak holiday spending are contributing to the continued weakness.

Stocks Turn In A Strong Performance On RIM And Merrill News - U.S. Commentary []
Wall Street saw notable gains on Friday, as positive earnings boosted the tech-heavy Nasdaq and news that Merrell Lynch (MER) may receive a cash infusion buoyed the blue chip index. The markets benefited from strength in a variety of sectors.

Franc Higher Ahead Of Swiss Economic Data [USD/CHF]
Ahead of the release of Swiss UBS consumption indicator data for the month of November, the franc strengthened versus its major counterparts. The franc was trading near 1.6631 against the euro, 1.1353 against the dollar, 2.2661 against the pound and 99.80 against the yen at about 3:55 am ET.

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