Stocks Of Local Interest YTD Update
Local market roundup shows year to date gains and losses across major sectors. Investors monitor energy financials and industrials as prices tick higher on steady demand while utilities lag.
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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Jan 25, 2012
Page
10
Local market roundup shows year to date gains and losses across major sectors. Investors monitor energy financials and industrials as prices tick higher on steady demand while utilities lag.
The market summary notes oil activity with light crude settling at 99.20 dollars per barrel. Asset totals and volumes show modest activity among NYSE most active names as traders weigh supply factors and demand signals from energy markets.
In Zurich talks on Greece debt stall as euro area ministers take a firm stance on rescue lending and interest rates. Charles Dallara, head of the Institute of International Finance, warns Europe’s stability is at stake if private creditors do not agree to a voluntary swap. EU ministers demand average rates below 4 percent with a 2010s repayment window, while German and French officials weigh a possible forced default to ensure repayment and avoid fresh market panic.
Wall Street declined as investors fretted Greece's debt deal and mixed earnings. The Dow slipped 4 points, the S P 500 fell, and the Nasdaq rose slightly amid earnings reports from Apple and others.
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