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Sunday, January 13, 2008

Stocks Remain Higher In Late Morning Trading - U.S. Commentary []

Stocks Remain Higher In Late Morning Trading - U.S. Commentary []
While they are well off their highs posted earlier in the day, stocks remain higher in late-morning trading on Wednesday. Concerns abound on the state of the economy and investors remain cautious going into earnings season. Today's gains are most likely coming from bargain hunters, as they buy up downtrodden tech stocks.

European Markets Fall, Led By Food And Beverage Stocks - European Commentary []
The European markets fell on Friday, as shares of food and beverage companies dropped after analysts warned that slowing consumer spending and higher commodity prices would hurt the sectors' earnings.

Indian Market Opens Sharply Higher []
Thursday, Indian shares opened sharply higher despite mixed cues from global markets. At 10:00 a.m. IST, the benchmark Sensex was up 180 points at 21,050 and the broader Nifty was adding 28 points to 6,300.

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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.