Welcome to the Traders Laboratory Forums.
Market Analysis Forum dedicated to fundamental outlook, intermarket analysis, and marco & micro analysis.

Reply
Old 06-21-2011, 12:15 PM   #1

Join Date: May 2011
Posts: 2
Ignore this user

Thanks: 0
Thanked 0 Times in 0 Posts

US Stocks Advance, Greece in Focus

US stocks are trading in green territory on Tuesday as investors bet Greek PM will survive a confidence vote later today, a major step toward avoiding nation's debt default. Wall Street main indexes accelerated gains, after a report showed US May existing home sales came in higher than expected.

The Dow Jones industrial average rose more than 76points or 0.64% at 12,157. The Standard & Poor's 500 Index was up 13 points or 1.03% at 1,291. The Nasdaq Composite Index advanced almost 44 points or 1.66% to 2,673.

In the macroeconomic domain, US home sales fell 3.8% in May to its lowest level in 6 months, although the result was slightly better than the expected 4.0% drop.

In the FX market, the US dollar trades slightly lower across the board. Meanwhile, crude oil rose back above $94 a barrel, while gold is 0.43% higher on the day at $1547 an ounce.
jacobfx is offline  
Reply With Quote

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
SPECIAL REPORT: The Fate of Greece forexfilms Forex Trading Laboratory 4 03-17-2012 11:00 AM
Greece and the EURO Lucid The Markets 2 06-22-2011 01:35 AM
Sustaining Focus and Concentration evolved trader Trading Psychology 18 04-14-2009 01:27 PM
Practicing Focus.... TinGull Trading Psychology 30 07-16-2008 04:05 AM
Trading Edge: 100% Concentration and Focus Soultrader Trading Psychology 2 10-23-2006 08:09 AM

All times are GMT -4. The time now is 03:12 PM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.