Thursday, April 15, 2010

US Market Up!

Dow +103.69pts to 11,123.11.
A jump in retail sales, and further evidence, if it were needed, that U.S. inflation is not a problem, also helped.
Stronger-than-expected corporate results and March retail sales pushed the S&P 500 past 1,200 for the first time in 18 months.
Forecasts that the U.S. economy might experience a double-dip recession have mostly gone from investors radar screens, to be replaced by fresh happy-talk that a V-shaped recovery can now be expected

Let's see the New Zealand/Australia Morning Call-Global markets movement to reflect the above and align with US gain. Believe KLSE will follow up this morning as well.

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