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Analytics, News, and Forecasts for CFD Markets: stock news — 25-10-2011.
U.S. stock index futures pared earlier gains to trade flat on Tuesday following comments from Germany's Chancellor that the country is opposed to phrase in a final draft for the region's summit.
The comments, which heightened concerns that the summit may not produce fruitful results to tackle the region's debt crisis, offset the market's optimism after strong earnings from blue chip companies.
Germany opposes a phrase in a draft conclusion for Wednesday's EU summit that calls for the European Central Bank to continue buying bonds in the secondary market.
Raises full-year EPS estimate to $3.97-$4.05, from prior guidance of $3.90-$4.05.
European stocks fluctuated as the region’s leaders prepared for tomorrow’s summit on the euro-area debt crisis.
Currently FTSE 5,556 +8.27 +0.15%, CAC 3,207 -13.89 -0.43%, DAX 6,080 +24.56 +0.41%.
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