Excerpt from: US Markets
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| January 05, 2009 | | Spread betting and contracts for differences on U.S. stocks | Spread bets and CFDs on U.S. stocks should consider that things are a bit wobbly this morning. On Friday, the U.S. stock market's Dow Jones Industrial Average closed above 9,000 for the first time since October.
However, even with the optimism brought by Barack Obama's address regarding U.S. economic stimulus, concerns remain. Investors are worried about corporate earnings, and that has led to a lower open stock market opening today.
Right now, the U.S. stock market is mixed, with some sectors gaining as others lose. It looks as though the first "serious" trading day of 2009 is going to be just as volatile as the days leading up to the end of 2008.
| Topic Tags: Barack Obama, CFDs, contracts for differences, economic stimulus, spread bets, spread bets stock market, spread betting, spread betting U.S. stocks, U.S. stock market, U.S. stocks | |
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