24/7 Wall St. Closing Bell — August 17, 2012: Markets Up on Light Volume, Little Enthusiasm (GRPN, PSX, WLP, GTAT, KKD, ARO, CRMT, BRCD, GPS, MRVL, ANN, FL, SJM, COCO, LOW, URBN, BBY, TECD, WTSLA, CHS, HPQ, KYAK, ADSK, BIG, CKP)
Filed under: Investing
The three major US stock indexes opened higher this morning after the news that German chancellor Angela Merkel said Germany would support European Central Bank sovereign bond buying. Unfortunately she doesn’t have the last word on this (our coverage here). Other data out of Europe was also positive. In Asia, hope still abounds that China will lower its reserve ratio, freeing up more cash for banks to lend. Today’s report on US consumer sentiment exceeded expectations (our coverage here). The…
24/7 Wall St. Closing Bell — August 17, 2012: Markets Up on Light Volume, Little Enthusiasm (GRPN, PSX, WLP, GTAT, KKD, ARO, CRMT, BRCD, GPS, MRVL, ANN, FL, SJM, COCO, LOW, URBN, BBY, TECD, WTSLA, CHS, HPQ, KYAK, ADSK, BIG, CKP) originally appeared on DailyFinance.com on 2012-08-17T16:04:00Z.
Read | Permalink | Email this | Comments
http://www.dailyfinance.com/2012/08/17/247-wall-st-closing-bell-august-17-2012-markets-up-on-light-volume-little-enthusiasm-grpn-psx-wlp-gtat-kkd-aro-crmt-brcd-gps-mrvl-ann-fl-sjm-coco-low-urbn-bby-tecd-wtsla-ch/