Stocks Under Pressure Amid Renewed Credit Concerns - U.S. Commentary []
Stocks are seeing significant weakness in morning trading on Friday, as concerns over the credit crunch continue to rattle investors. The drop in the markets comes after they closed strong in each of the two previous sessions.
Stocks Turning In A Lackluster Performance In Early Trading - U.S. Commentary []
Stocks moved modestly higher at the start of trading on Wednesday, with the major averages edging back to the upside after ending the previous session at multi-month closing lows. Nonetheless, buying interest remained relatively subdued in the first few minutes of trading.
Stocks May Give Back Some Ground In Early Trading - U.S. Commentary []
Stocks could see some weakness in early trading on Friday, with the major U.S. index futures indicating a lower open for the markets following the gains seen in the two previous sessions. The downward momentum is partly due to lingering concerns about the ongoing credit crisis.
European Markets Rise; Led By Miners, Drugmakers - European Commentary []
The European markets rose on Tuesday, as mining stocks gained on higher copper prices, while pharmaceutical and telecom stocks rallied as investors sought out perceived safe-havens for their investments amid economic fears.
Weakness Persists On Wall Street On Mid-Afternoon Trading - U.S. Commentary []
Wall Street continues to see considerable weakness in mid-afternoon trading on Friday. The major averages have remained below the unchanged line throughout the day thus far after closing higher in the two previous sessions.
European Markets Fall On U.S. Job Data - European Commentary []
The European markets fell sharply on Friday after a U.S. government report showed weaker than expected job growth and a much bigger than expected jump in the unemployment rate, raising concerns that the world's largest economy could be headed toward recession.
Friday, January 11, 2008
Stocks Under Pressure Amid Renewed Credit Concerns - 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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