Small-cap stocks are expected to open near steady levels after a relatively tame overnight session. Concerns on the financial side of things could be countered by solid earnings news. The Russell 2000 (NYSE:IWM) was basically flat in after-hours trading, so an opening near Friday’s close in the 710 zone appears likely.
Even though Congress approved the [...]
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Small-cap stocks are expected to open higher, underpinned by another positive earnings surprise on the banking front. Gains could be limited, however, by rising energy values. The Russell 2000 (NYSE:IWM) was up about 0.5% in after-hours trading, which would suggest a cash open near 696.00.
Crude oil futures were in rally mode ahead of the stock [...]
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July 18th, 2008 · Enter your password to view comments
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Tags: Daily Top Picks · Shorts