Excerpt from: US Markets
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| March 18, 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. Indeed, after yesterday's continuation of Tuesday's low volume rally, investors seem to be pulling back and looking for reasons to sell.
A bit of a correction seems to be the plan for today, with U.S. stock futures indicating a lower open. However, stock futures are only marginally lower, and there are hopes that things could pick up later in the day as investors mull the positive jobs data.
First time jobless claims have dropped by 5,000, falling for the third straight week. This news should help ease some concerns about the stability of the jobs market.
| Topic Tags: CFDs, contracts for differences, spread bets, spread betting, U.S. stock futures, U.S. stock market, U.S. stocks | |
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