Excerpt from:  Individual Equities CFDs and Spread Bets
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October 02, 2007

Citigroup and USB Create Tension in the Stock Market

Spread betting and contracts for differences on indivdual equities
Spread bets and CFDs on the stock market should take into account individual equities that may affect overall performances. While stocks are doing well in general, in the financial sector there is still some struggling. Reuters reports on the tension in the financial market:

Monday's news that Citigroup suffered billions of dollars in writedowns and losses in the third quarter, and that UBS will report its first quarterly loss in nine years added tension to financial markets, analysts said.

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