Stocks Lacking Direction After Threat Of Credit Downgrade For Spain – U.S. Commentary
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffStocks are showing a lack of conviction in mid-afternoon trading on Wednesday, as traders are mulling over the possibility of Moody's downgrading Spain's credit rating. The major averages have recently been bouncing back and forth across the unchanged line.
Stocks Moderately Higher In Early Afternoon Trading – U.S. Commentary
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffStocks have extended their gains and are showing moderate strength in early afternoon trading on Wednesday, as traders have looked to the silver lining provided by data on Chicago-area manufacturing activity and the relief of some concerns regarding the European ...
Stocks Mostly Higher After In-Line Chicago PMI – U.S. Commentary
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffStocks are largely on the upside in mid-morning trading on Wednesday as traders digest an in-line reading on manufacturing activity in the Chicago area following some calming news out of the European banking sector and disappointing private employment figures for ...
Stocks May Open Higher Amid Calming News On Euro Bank Health – U.S. Commentary
Wednesday, June 30th, 2010 Posted in Market Comments | Comments OffStocks are poised for a slightly higher open on Wednesday, as European banks borrowed less than expected from the European Central Bank, calming some fears over the health of the region's banks. However, optimism is being limited by disappointing U.S. ...