вторник, 13 марта 2012 г.

`Circuitbreaker' tripped - going up

Volatile price movements this morning in the stock-index futuresmarket tripped a "circuitbreaker" for the fourth straight day - onlythis time the market was moving higher instead of lower.

On the Chicago Mercantile Exchange, the Standard & Poor's 500stock-index futures contract for September delivery soared fivepoints to 339.40 within the first 10 minutes of trading, triggeringan automatic two-minute trading halt.

The market rose another 1.6 points when trading resumed, thenretreated. The September contract was trading at 339.15 at around9:30 a.m. CDT.

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