Excerpt from: US Markets
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| July 06, 2010 | | Spread betting and contracts for differences on the U.S. stock market | U.S. stocks got off to a rousing start today, following a long holiday weekend. The Dow is already up more than 100 points in early trading. Investors seem ready to throw off the pessimism that characterized the end of June, and embrace the hope of economic recovery.
Spread bets and CFDs on U.S. stocks should consider that they are following global markets higher. In Europe and Asia, stocks are on the rise. The FTSE 100 is also much higher today.
Even with today's initial bullish furor, though, it is important to carefully consider the future. There are still issues that the U.S. economy needs to overcome, including the prospect of another drop to housing prices, as well as a rather sluggish employment market. If things don't pick up again soon, consumer sentiment could again influence investors, and the U.S. stock market could drop again.
| Topic Tags: CFDs, contracts for differences, Dow, employment, FTSE 100, spread bets, spread betting, U.S. stock market, U.S. stocks | |
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