Excerpt from: US Markets
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| August 31, 2010 | | Spread betting and contracts for differences on the U.S. stock market | Spread bets and CFDs on U.S. stocks should consider that futures are pointing to a lower open. Indeed, it appears as though the Dow is likely to open below 10,000 today as investors worry about global economic slowdown.
Economic news in the U.S. remains disappointing, with many concerned about a double dip recession. In Europe, stocks are lower as investors contemplate a stubbornly high unemployment rate. And Asian stocks are lower as well today.
A global equity selloff appears to be happening, and it is likely that the U.S. will join in once the markets open.
| Topic Tags: CFD, contracts for differences, economy, spread bets, spread betting, U.S. stock futures, U.S. stock market | |
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