Excerpt from: Spread Betting North American Financial Markets
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| May 02, 2008 | | Spread betting and contracts for differences on the US stock market | Spread bets and CFDs should take into consideration that the US stock rally is continuing this morning. Thanks to payroll data that came in better than expected, investors are showing their optimisim that the worst is over for the US stock market. Bloomberg reports on the US stock rally:
The Dow Jones Industrial Average also rose above 13,000 for
the first time since Jan. 3 yesterday. U.S. stocks have erased
almost half their losses since October, helped by seven Federal
Reserve interest rates cuts and the central bank's $951.2 billion
injection into the financial system. | | |
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