Excerpt from: Stock & Indices
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| August 04, 2009 | | Economic concerns returen to the stock market | Spread bets and CFDs on the U.S. stock market should consider that uncertainty is returning. After a significant rally yesterday in U.S. stocks, a bit of concern is showing.
Today, the numbers showing personal income were released and a drop has been seen. This news puts a damper on better than expected company earnings. Personal income is a vital measure, since it is related to consumer spending, which makes up 2/3 of the U.S. economy.
U.S. stock futures may be pointing to a lower open with this news as investors wonder if they have jumped the gun and been a little too enthusiastic in their hopes for economic recovery.
| Topic Tags: CFDs, personal income, spread bets, spread bets stock market, spread betting, U.S. economy, U.S. stock futures, U.S. stock market, U.S. stocks | |
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