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From the monthly archives: November 2011
With traders reacting to news of an effort by global central banks to boost liquidity, stocks are likely to move sharply higher in early trading on Wednesday. The major index futures are currently pointing to a substantially higher open for the markets, with the Dow futures up by 269 points.
Continue Reading →Stocks on Wall Street may open on a cautious note on Wednesday, as traders remain apprehensive about the resolve of eurozone government to bury the hatchet and arrive at a viable solution to emancipate the region from the debt shackles. Warnings from rating agencies over the debilitating impact of the crisis on financial institutions are [...]
Continue Reading →The Indian markets fell in early trading Wednesday before reversing direction and ending notably higher after GDP data for the second quarter came in line with street estimates.
Continue Reading →Asian stocks swung between gains and losses before closing on a mixed note Wednesday, as a move by Standard & Poor’s to downgrade credit ratings of some of the world’s biggest lenders offset an agreement on ramping up the firepower of the euro zone rescue fund.
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