Excerpt from: Stock & Indices
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| July 29, 2010 | | Spread betting and contracts for differences on U.S. stocks | U.S. stock futures are pointing to a higher open today, thanks to some improved economic data. Initial jobless claims are down (even though continuing claims are higher). Spread bets and CFDs on the U.S. stock market should consider that there might be an attempt to overcome yesterday's modest losses.
Indeed, there are some improvements in sentiment as earnings continue to roll in, beating expectations. Earlier today, it was Exxon Mobil's great profits that gave the U.S. stock market a little jolt higher in pre-open trading.
There are still concerns about the slow economic growth happening in the U.S., as shown by the Fed Beige Book, but there is also cautious optimism that things are improving.
| Topic Tags: Beige Book, CFDs, contracts for differences, spread bets, spread betting, U.S. stock market, U.S. stocks | |
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