Excerpt from: US Markets
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| February 08, 2010 | | Spread betting and contracts for differences on U.S. stocks | Spread bets and CFDs on the U.S. stock market should consider that futures are a little bit higher today. Last Friday, U.S. stocks came back late in the session to sqeeze out the tiniest of gains, and bulls look to be trying to add a little momentum for this week.
Earlier today, U.S. stock futures were lower, but they have since inched higher, following European markets as they move every so slightly into the black. Treasury Secretary Timothy Geithner vowed that the U.S. would not lose its AAA bond rating, and developed nations pledged reforms to prevent another global financial crisis.
Also over the weekend, G-7 countries decided to forgive Haiti's foreign debt. We'll have to wait and see how things go today in order to determine where the investors will take the U.S. stock market.
| Topic Tags: CFDs, contracts for differences, European markets, Haiti debt, spread bets, spread betting, U.S. stock futures, U.S. stocks | |
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