Traders Wary Of Recent Gains

Daily Market Analysis Friday, October 28, 2011, 09:21 Traders Wary Of Recent Gains The major U.S. index futures are pointing to a lower opening on Friday, with profit taking likely to generate some weakness following recent strong advances. Some doubts about the speedy resolution of the European debt crisis may resurface, as traders look past the euphoria of the euro debt deal. That said, some comfort could be derived from a domestic report released earlier in the day showing a bigger than expected increase in consumer spending in September. (Oct 28, 2011) Full Article Home | Top Stories | Breaking News | Economic News | Forex | Politics | Featured Interviews Sent to autoforextradingpro@gmail.com | Customize your alerts | Unsubscribe Copyright © 2011 RTTNews. All rights reserved. By using this service, you agree to the Terms of Service