Wall Street set to jump on rate cut hopes (Reuters)

By Pete Southern in Uncategorized | November 30, 2007 15:00 |

Wall Street set to jump on rate cut hopes (Reuters)

Traders work on the floor of the New York Stock Exchange, November 14, 2007. (Chip East/Reuters)Reuters – Stock index futures were up sharply on Friday, indicating a higher market open, after comments by Federal Reserve Chairman Ben Bernanke bolstered belief in the market that another interest-rate cut is on the horizon.



Source: news.yahoo.com

Pete Southern About Pete Southern
Pete Southern is an active trader, chartist and writer for market blogs. He is currently technical analysis contributor and admin at this here blog.



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