Stocks Turning In A Mixed Performance In Late Morning Trading - U.S. Commentary []
Stocks have turned mixed over the course of morning trading on Tuesday, with the Dow and the S&P 500 sliding into negative territory while the tech-heavy Nasdaq has managed to remain above the unchanged line.
Japanese Stocks End Up; Nikkei Closes Above 16,000 []
Tuesday, Tokyo shares closed higher after Wall Street gained overnight on expectations of a fresh interest rate cut by the Federal Reserve and a rise in pending home sales. Moves by Middle East and Asian investors to offset losses being suffered by global investment banks exposed to the subprime mortgage crisis also boosted investor sentiment.
European Markets End Mixed; Banks Shine, Autos And Miners Decline - European Commentary []
The European markets closed mixed on Thursday, as banking shares rallied after the Bank of England cut its benchmark rate for the first time in two years, while automotive and mining stocks retreated after European Central Bank President Jean-Claude Trichet muted hopes of rate cuts.
Tuesday, December 11, 2007
Stocks Turning In A Mixed Performance In Late Morning Trading - 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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