Excerpt from: US Markets
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| March 15, 2010 | | Spread bets and CFDs on the U.S. stock market | Spread betting and contracts for differences on U.S. stocks should consider that futures are pointing lower today. Concerns are wide ranging this morning, with investors what will happen on a variety of fronts. They are concerned about Chinese policy moves, and anxious about the policy statement expected from the Fed at the conclusion of its two-day meeting on Wednesday.
On top of that, Moody's is hinting that AAA-rated countries U.S., U.K. France and Germany may all experience rating cuts. The U.S. and U.K. are in greatest danger of seeing a debt rating cut.
All of this uncertainty has the bears looking to take charge. Last week's end for the U.S. stock market was rather tepid, with the Dow barely in the black and the Nasdaq and S&P 500 both closing lower. It doesn't look like a promising start to the new week.
| Topic Tags: CFDs, contracts for differences, debt rating, sovereign debt, spread bets, spread betting, U.S. stock market, U.S. stocks | |
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