You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #3: It's China's turn to kick the can! U.S. stock futures rise after China move [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
Home » Discuss » Latest Breaking News Donate to DU
Pale Blue Dot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-30-11 06:05 AM
Response to Original message
3. It's China's turn to kick the can! U.S. stock futures rise after China move
LONDON (MarketWatch) U.S. stock futures turned higher on Wednesday after China announced a cut in banks reserve-requirement ratio and as investors awaited a batch of U.S. economic data.

Futures on the Dow Jones Industrial Average DJ1Z +0.74% rose 65 points to 11,630 after trading down around 50 points.

The reversal came as Chinas central bank said it would lower banks reserve-requirement ratio by 0.5 percentage point in an attempt to boost the economy. European stock markets also erased losses, with the Stoxx Europe 600 index XX:SXXP +1.10% up 0.7% to 233.29.

Futures on the Standard & Poors 500 stock index SP1Z +0.81% gained 8 points to 1,204.5 and Nasdaq 100 futures ND1Z +0.96% climbed 17.75 points to 2,230.2.

http://www.marketwatch.com/story/us-stock-futures-slip-...
Printer Friendly | Permalink | Reply | Top
 

Home » Discuss » Latest Breaking News Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC