Futures gain on financials, Fed optimism (Reuters)

By Pete Southern in Uncategorized | December 10, 2007 15:00 |

Futures gain on financials, Fed optimism (Reuters)

The New York Stock Exchange. Stocks Wall Street enters the home stretch of 2007 in an upbeat mood as investors brace for a meeting of the Federal Reserve which is widely expected to yield a third straight cut in US interest rates(AFP/File/Mario Tama)Reuters – Stock index futures rose on Monday as investors scoured for bargains among beaten down financial stocks after news of the latest large capital injection into a major bank by wealthy investors.



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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