Excerpt from: US Markets
|
 |
| March 19, 2009 | | Spread betting and contracts for differences on the stock market | Spread bets and CFDs on U.S. stocks should consider that they ended down today, on the news of the tax slapped on AIG bonuses. It's not just AIG bonuses, though: All bailout money used for bonuses is going to be taxed.
The news, although it might appease the public outrage, it didn't exactly sit well with Wall Street. Indeed, the stock market rally that began today ended and things turned negative on the news. Additionally, the jobless data remains weak -- even though things have improved.
| Topic Tags: AIG, CFDs, spread bets, spread bets U.S. stocks, spread betting, spread betting stock market, U.S. stocks | |
|
|
