Recent Posts

Parasnand Madho
2 Jun, 2011 | 08:22 AM
Comments (0)
Ahead of the Bell: Dow futures are trading up 9 points and S&P futures are trading up 2 points after the equity markets ended a four-day rally yesterday with its worst trading session since last August. Traders are bracing for more choppy trading as other jobs data are due today and Friday, which will provide indications whether the economic recovery is slowing down. Also, Moody's has cut its rating on Greece to Caa1 from B1. The Agency cites growing concerns that Greece will be unable to stabilize its financial position without assistance from the EU to restructure existing debt. ...