U.S. stocks break a five-session losing streak, part of a worldwide rally on hopes for more stimulus spending from the Chinese government. But the rally passed over one major industrial player in China: Shares of General Electric slid again and speculators in the derivatives markets continued betting against the conglomerate. The U.S. and China are viewed as the twin engines of economic growth, and the surprising vulnerability of China to the financial crisis was one of the biggest weights on industrial and commodities sectors in recent months.
Asian markets opened with this hope , nikkie is now trading at 3% up and sydney is also trading at 1.5% higher.So trading at higher in india also possible today.Have a nice trding day.
Posted by
SREEJITH T G
at
7:27 AM