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US Markets started on a dull note

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gnutrade.satya
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US Markets started on a dull note  Reply with quote  

Wall Street did not see a bright start. Market was seen ending on a flat note for the week as investors backed away from a strong autumn advance. Semiconductor shares rallied as robust revenue from Marvell Technologies encouraged the sector.But the major stock indexes finished little changed when China's central bank raised bank reserve requirements for the second time in two weeks, stepping up its fight to rein in prices in a move that could temper growth.Dave Lutz, managing director at Stifel Nicolaus in Baltimore said: "A lot of the semis do well in an inflationary environment and we have been seeing

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Post Mon Nov 22, 2010 12:28 pm
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