May 9, 2014

Morning Market Report

Disappointing net profits for News Corp see share prices plummet.

The market is down 33 points. The Dow Jones was up 32 points at 16,551 — the market opened strongly on improving sentiment in Europe regarding Russia/Ukraine and hopes for monetary stimulus from the ECB next month. Shares then drifted lower in the after in the afternoon before a late bounce. Volume was below average in a 120 point range.


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