Stocks Turning In A Strong Performance In Morning Trading - U.S. Commentary []

Stocks Turning In A Strong Performance In Morning Trading - U.S. Commentary []
Stocks opened higher on Friday, and they continue to turn in a strong performance in morning trading after ending the previous session mostly higher. Tech stocks are posting particularly strong gains, buoyed by positive earnings reported by Research In Motion (RIMM).

Pound Battles Back After Hitting All-time Low Versus Euro []
The sterling snapped back versus the euro Friday afternoon after hitting a record low earlier in the session. Amid speculation that the Bank of England would further cut interest rates next year, the sterling fell to an all-time low of .7256 just after 10 am ET.

Global Insight Examines Recent Personal Spending Data []
Global Insight U.S. Economist Nigel Gault commented on Friday that despite high energy prices, falling home values, and a softening labor market, consumers have still been spending during the fourth quarter. He noted that real consumer spending is on track to roughly match the 2.8% pace in the third quarter (even assuming a soft December).

Stocks Continue To Turn In A Mixed Performance - U.S. Commentary []
The U.S. stocks markets remain mixed in early-afternoon trading on Thursday, as the Dow and S&P 500 are lingering in negative territory while the Nasdaq remains above the unchanged line. Investors continue to worry about problems within the financial sector after mixed earnings were reported earlier in the day.

US Stocks Poised To Rally At The Open Friday Morning []
US stocks were set for a sharply higher open Friday morning in New York, with investors encouraged by a sudden flurry of deal making ahead of November's reading of personal income and spending.