Excerpt from: Spread Betting North American Financial Markets
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| March 07, 2008 | | Spread betting and contracts for differences on US stocks | Spread bets and CFDs on the US stock market should consider that an early rally in stock futures, due to Fed rate cut expectations, has been halted. Instead, worries continue about the credit market. Bloomberg reports on the turnaround for US stock futures:
U.S. stock-index futures retreated
after the Federal Reserve's plan to expand two short-term
auctions this month to $100 billion failed to assuage concern
credit-market losses will deepen. | | |
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