US Markets ended today with almost flat gains. Dow up by 20 odd points and NASDAQ up by 1. Now all the eyes on employment report which will come out tmrw and market will take further cues from there
Triggers:
1. Senate hearing on Bear Stearns collapse and its rescue by Fed and Morgan Stanley in the last month
2. Stroger than expected numbers from services sector
3.U.S. light crude oil for May delivery fell $1 to settle at $103.83 a barrel
4.COMEX gold for April delivery rose $9.80 to settle at $905 an ounce
5.The dollar rose versus the euro and the yen
Impact on India:
Indian Markets also can see flat opening today and can slide down further. Right now, the asian markets are trading in negative territory with Nikkei losing 90 odd points.
US Markets (DOW and NASDAQ) Today : April 03,2008
Non Technical Satish Thursday, April 3, 2008 0 comments
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