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New York Session Recap

Discussion in 'Fundamental Analysis' started by ActionForex.com, Jul 20, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    Risk taking remained prevalent as more positive corporate earnings reports coupled with subsiding fears of another financial company meltdown helped stocks extend last week's gains. The news that CIT bondholders may help the company avoid bankruptcy was taken very well by the bulls indeed. The S&P jumped more than 1%...

    complete article here...

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