Wednesday 12 October 2011

European Hopes May Offset Earnings Apprehension

RTT News: Global Financial Newswires

Daily Market Analysis

Wednesday, October 12, 2011, 09:16

European Hopes May Offset Earnings Apprehension

The major U.S. index futures are pointing to a higher opening on Wednesday, with sentiment seeing a reversal after European stocks staged a remarkable turnaround from losses early in the session. The optimism across the Atlantic stemmed from expectations that European Commission President Jose Manuel Barroso would announce a proposal to recapitalize the troubled European Financial institutions. (Oct 12, 2011) Full ArticleForwardFacebookTwitterLinkedIn


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