Excerpt from: US Markets
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| July 02, 2009 | | Spread betting and contracts for differences on U.S. stocks | Spread bets and CFDs on the U.S. stock market should consider that it is expected to open lower. After yesterday's ADP employment data disappointed, there has been the expectation that today's non farm payrolls will also show negative news.
Yesterday, U.S. stocks moved higher, despite the employment data. The first day of the 3rd quarter was marked with optimism and enthusiasm by investors. However, today things have sobered a bit. Concerns about the speed of economic recovery have surfaced. Now U.S. stock futures anticipate a lower open on the economic data.
| Topic Tags: CFDs, contracts for differences, spread bets, spread bets stock market, spread betting, spread betting U.S. stocks, U.S. stock futures, U.S. stock market, U.S. stocks | |
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