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Traders Thread - Wednesday 18th May (TRAD)     

Greystone - 17 May 2005 21:00


Greystone - 17 May 2005 21:01 - 2 of 6

Hello traders!

US stocks turned higher in late trading tonight after a government report raised the pressure on China to revalue the yuan, while stopping short of accusing it of manipulating its currency.

The Dow Jones Industrial Average was last up 45 points at 10,297, off a morning low of 10,213.14. The Nasdaq Composite was up 4 points at 1,998.42, taking the tech-rich index to a one-month high. The S&P500 was up 4.5 points at 1,170.22.

See you in the morning with the latest news.....

G.

Greystone - 18 May 2005 06:27 - 3 of 6

Good morning traders!

In the US last night, stocks ended higher, rallying in late-day trading as fears of a trade war eased.

The Dow rose 79.59 points to 10,331.88 and the Nasdaq Composite was up 9.72 points at 2,004.15, the first time the tech-rich index has closed above the key 2,000 mark in five weeks. The S&P500 gained 8.11 points to 1,173.80.

In Asia this morning, the Hang Seng Index ended the morning down 27.70 points at 13,639.33, off a low of 13,615.90 and high of 13,668.43. In Tokyo, the Nikkei recently traded uo 16.55 points at 10,841.94.

Don't forget to check the day's ex-divis....

Off to find some UK news.....

Happy trading!

G.

Greystone - 18 May 2005 06:34 - 4 of 6

AB FOODS UPGRADED TO 'OUTPERFORM' FROM 'IN-LINE' BY GOLDMAN SACHS

BAA to drop quarterly reporting to escape IFRS demands - FT

MARCONI CORP. UPGRADED TO 'IN-LINE' FROM 'UNDERPERFORM' BY GOLDMAN SACHS

Druid2 - 18 May 2005 08:01 - 5 of 6

Morning all.

daves dazzlers - 18 May 2005 08:04 - 6 of 6

Morning all.
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