Excerpt from: US Markets
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| November 24, 2008 | | Spread bets and CFDs on U.S. stocks | Spread betting and contracts for differences on the U.S. stock market should consider that things are looking better right now. On Friday, after a volatile day and some big losses, U.S. stocks turned around on the news that President-Elect Barack Obama wants to nominate Timothy Geithner as Treasury Secretary.
This morning, the news remains good for the U.S. stock market as Citi has come to a deal with the U.S. government for a bailout package. U.S. stock futures are indicating cautious optimism this morning, and we'll see how long that lasts through the open.
| Topic Tags: Barack Obama, CFDs, Citi bailout, contracts for differences, spread bets, spread bets U.S. stocks, spread betting, spread betting stock market, Timothy Geithner, U.S. stock market | |
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