US Stocks On Pause Thursday Morning Ahead Of Economic Data, Bear Stearns Results []
US stocks were looking for direction Thursday morning ahead of a slew of economic data and highly anticipated earnings results from Bear Stearns.
China Shares Close Higher, Led By Metals And Financial Stocks []
Shanghai stocks closed sharply higher as liquidity improved after unsuccessful applicants for China Pacific Insurance IPO received their refunds. Metals and financial stocks led the gains. A rebound on Wall Street also boosted investor sentiment. The benchmark Shanghai Composite Index closed up 105.61 points or 2.18% at 4,941.78.
Stocks Turn In A Lackluster Performance Amid Economic Uncertainty - U.S. Commentary []
With traders continuing to express some uncertainty about the outlook for the economy, the U.S. stock markets showed a lack of direction during trading on Wednesday. Stocks moved back and forth across the unchanged line, unable to sustain any significant moves.
Stocks Seeing Continued Weakness In Late Morning Trading - U.S. Commentary []
Stocks are coming off their lows in late-morning trading on Monday, but they are still firmly in the red. Following last week's troubling inflation reports, investors are concerned regarding the state of the U.S. economy.
Thursday, December 20, 2007
US Stocks On Pause Thursday Morning Ahead Of Economic Data, Bear Stearns Results []
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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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