6:56 AM
Freddy
1. Today, U.S. stock futures rose, with hopes that china's economy is able to lead the worldwide markets. Previously, Asian stock markets closed mostly higher on hopes for China's furher economic stimulus. Beside that, Obama government set a new program that aims to help up to 9 million borrowers stay in their homes and these programs are modified to lower monthly payments.
2. On the other side, according to the ADP employment index, U.S. private sector cuts 697.000 jobs in February. It was the biggest job loss since the report's launch in 2001.
3. Oil prices also jumped over 5 percent to near $44 a barrel Wednesday.
But some analysts said that this rally is only a bear-market rally...
May this information will help you in determining your investment decision ^^
Posted in: News
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