Stocks open higher on optimism about growth
NEW YORK (Reuters) – Stocks opened higher on Wednesday as a report pointing to strength in the economy boosted investor optimism ahead of the Federal Reserve’s decision on interest rates.
PARIS (Reuters) – Alcatel-Lucent said it would cut another 4,000 jobs by 2009 and trimmed full-year revenue growth expectations yet again after seeing fresh signs of a slowdown particularly in North America.
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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