US stocks began the day higher following Intel's strong Q4 performance and, despite a wider-than-anticipated trade deficit and growing concerns about earnings visibility, a late resurgence in buying interest pushed major indices well into the green.
The Dow closed 61.56 points ahead at 10,617.78 with the Nasdaq 12.91 points higher at 2,092.53 and the S&P500 4.71 better at 1,187.70.
It is a mixed bag in Asia this morning but both Tokyo and Hong Kong are trading in the red.
I keep seeing articles about people being unhappy with thier banks, and of course
despite this they won't move thier accounts. But I wish the people writing the articles would
also write about why they won't move thier accounts......
A couple I can think of:
1. It can take weeks, even months to set up a new account
2. You have to go into a branch to produce your passport and 2 x proof of
address, not more than 3 months old. Or some require you to risk them in the POST!
3. You loose your credit rating...............
The Office of Fair Trading said it has extended for a further 10 days the period to consider the anticipated acquisition by Travis Perkins PLC of Wickes Ltd. The period for considering this Notice will therefore expire on Feb 7th.