Excerpt from: US Markets
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| September 02, 2010 | | Spread betting and contracts for differences on U.S. stocks | Spread bets and CFDs on the U.S. stock market should consider that futures are pointing to a slightly lower open. U.S. stocks are not expected to continue yesterday's robust rally. Instead, there are likely to be some doubts about upcoming economic data, as well as a tendency toward some profit taking.
Right now, investors are waiting for news about jobs and housing, two sectors of the economy that have been especially sluggish. Focus has moved away from yesterday's positive data out of China to what is actually happening with the U.S. economy.
European stocks are slightly lower today, and U.S. stock futures appear to be following suit.
| Topic Tags: CFDs, contracts for differences, housing, jobs, spread bets, spread betting, U.S. stock market, U.S. stocks | |
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