Excerpt from: Stock & Indices
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| March 11, 2010 | | Spread betting and contracts for differences on U.S. stock indices | Spread bets and CFDs on the U.S. stock market should consider that stock indices are likely to open lower today. U.S. stock futures are sliding on the news out of China. Higher inflation has investors concerned that China will try to rein in its growth, leading to a general slowdown in global economic recovery.
Yesterday, the U.S. stock market managed to hold on for a finish in the black -- but only barely. The Dow and the S&P 500 both ended up very slightly higher. The Nasdaq was higher by 18 points, which is still a modest gain. And, for now, U.S. stock futures point lower.
We will have to see whether the bulls can make a better run for it, but with the uncertainty over what China will do, and renewed strikes in Greece, it is far from certain that the bulls will be able to remain in control.
| Topic Tags: CFDs, contracts for differences, spread bets, spread betting, U.S. stock futures, U.S. stock indices, U.S. stock market | |
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