Excerpt from: US Markets
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| November 20, 2008 | | Spread bets and CFDs on U.S. stocks | Spread betting and contracts for differences on the U.S. stock market should consider that a lower open is expected today. Stock futures for major indices are pointing lower, as continued earnings disappointments and recession worries have investors wary.
Another issue weighing on the U.S. stock market is the fact that support for an American auto industry bailout appears to be flagging in the U.S. Senate. Layoffs have been announced at other industrial companies, and consumer price data isn't helping much.
Yesterday's day-end plunge is expected to set the tone for today's open for U.S. stocks.
| Topic Tags: American auto industry, contracts for differences, recession, spead bets U.S. stocks, spread betting, spread betting stock market, stock futures, U.S. stock futures, U.S. stock market, U.S. stocks | |
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