TradingMarkets Mid-Day Movers
Stocks are trading mixed this morning
as crude continues to rise and existing home sales data beat
expectations. The Dow is leading the major U.S. indices
trading up 0.24%. Leading the blue-chip index this morning
are General Motors
(
GM |
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PowerRating) and Verizon
(
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PowerRating),
trading higher by 4.5% and 1.25% respectively.
Crude futures for May continue
to move higher in Friday’s session currently up 1.2% to $62.45 per
barrel. Gold futures for
April delivery are falling as the dollar rallies off this
morning’s existing home sales report. Gold is moving lower by
1.1% to $662.80 an ounce.
Friday’s session in Asia was mixed
overall. Shanghai’s Composite, Hong Kong’s Hang Seng, and
Tokyo’s Nikkei all finished fractionally higher.
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Darren Wong
Associate Editor
darrenw@tradingmarkets.com