03/11/2011

New reason in a paper why the Dow rises.

NEW YORK—U.S. stock futures erased earlier sharp losses to trade higher, tracking the rebound in Europe markets, as the increased likelihood that Greece will no longer seek a referendum buoyed investor sentiment.


The text above was  just published by WSJ. In my view it was the Dow which started the rally 30 minutes before Europe opened and the European stock markets followed the Dow as they always do during the circumstances that made the trend this morning.

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