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Stock Market Today 2/8/10

Stocks Turning In A Lackluster Performance In Morning Trading

Stocks are showing a lack of direction in morning trading on Monday, with the major averages having difficulty sustaining any significant moves. The choppy trading comes as traders express some uncertainty about the outlook for the markets following recent weakness.

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Stock Market Today 2/5/10

Stocks Turning In A Lackluster Performance In Mid-Morning Trading

Stocks are showing uncertainty in mid-morning trading on Friday, as traders are looking for direction following the day’s mixed jobs report. The major averages are on opposite sides of the unchanged mark after yesterday’s sharp sell-off.

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Stock Market Today 2/4/10

Stocks Posting Steep Losses In Mid-Morning Trading

Stocks are showing substantial weakness in mid-morning trading on Thursday, as concerns over the battered labor market and overseas credit have generated significant selling pressure in the face of positive earnings and recovering retail sales. The major averages are all firmly in negative territory, offsetting the gains posted early in the week.

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Stock Market Today 2/3/10

Stocks Seeing Modest Weakness As Traders Shrug Off Upbeat Data

Stocks are down by modest margins in mid-morning trading on Wednesday, despite the day’s better-than-expected news on private sector employment and service sector activity. The major averages are all in negative territory after starting the week with two straight rallies.

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Stock Market Today 2/2/10

Stocks Rally Following Pending Home Sales Report

Stocks have shown a strong upward move in mid-morning trading on Tuesday, shaking off a lackluster start after the National Association of Realtors reported that pending home sales stabilized in December. The major averages are all in positive territory, recovering further from last week’s two-month lows.

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Stock Market Today 2/1/10

Stocks Look to Data as They Attempt to Shake off Negative Sentiment

The major U.S. index futures are pointing to a higher opening on Monday, with sentiment getting a lift from the personal income and outlays report released earlier in the day. Personal income rose at a better than expected rate, while personal spending growth was a tad below what economists had expected, although it represented the third straight month of gains.

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Stock Market Today 1/29/10

Strong Fourth Quarter Growth May Give Reason to Bid Up Beaten Down Stocks

The major U.S. index futures are pointing to a higher opening on Friday, with stocks likely to get ample support from the strong fourth GDP growth reported by the government earlier in the day. The uneasiness experienced by the traders over the economic recovery manifested itself in the form a steep sell-offs in the markets in recent sessions. Consequently the major averages fell below the uptrending channel seen since March 2008.

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Stock Market Today 1/28/10

Stocks Under Pressure Following News Of U.K. Credit Concerns

Stocks are notably lower in mid-morning trading on Thursday after Standard & Poor’s expressed concerns over the U.K.’s credit worthiness amid continued economic difficulties. The major averages are all in negative territory, continuing their zigzag movement on the week.

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Stock Market Today 1/26/10

US Market
The major U.S. index futures are pointing to a mixed opening on Tuesday, with sentiment delicately poised as traders weigh uncertainty on one hand and optimistic earnings reports on the other. In Asia, mood continued to be sour, as lingering concerns over possible attempts by China to rein in growth and the anxiety triggered by S&P’s reduction of Japan’s sovereign debt rating outlook.

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Stock Market Today 1/25/10

US Market

Oversold Levels May Bring in Bargain Hunters Even as Uncertainty Continues

The major U.S. index futures are pointing to a higher opening on Monday, with the oversold levels of the markets following three straight sessions of declines providing some scope for a rebound. Earnings news were bordering on the positive. However, reflecting the nervousness, risky assets such as commodities are still seeing weakness. Sentiment for the session may mostly hinge on the existing home sales to be released shortly after the markets open, which is expected to a modest decline in sales.

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