Colosseum a.s. (Colosseum a.s.)
Commodities  |  July 31, 2012 17:53:28

Stocks looking for direction - investors are waiting on the steps of central bankers

ColosseumU.S. stock indexes in early trading today, looking for direction. Investors are waiting with a voltage at a meeting of U.S. and European central banks, which will take place later this week. The markets spread speculation about another possible round of quantitative easing. Shares of Coach (COH) decreases by 15% when the company did not meet their sales expectations of analysts. Nervousness in the markets supported the German finance minister, who said he saw no reason now why a European rescue fund to obtain a banking license. DJIA index stagnated at 13,076.3 points, Sandamp; P 500 at 1386.6 points, the Nasdaq rising 0.37% to 2956.8 points.

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