FX & CFD trading involves significant risk
The absence of new trading catalysts has left stocks slog along for most of the session. Still, the tone of trade remains generally positive as most of the major sectors remain in the green.
Telecom has put together the strongest gain of any major sector. As a group telecom plays are up a 1.5%, which is triple the gain of the next best performing sector (energy, +0.5%). Nokia (NOK 8.68, +0.33) is an especially strong performer following an upgrade by analysts at Goldman Sachs.
Analysts at Goldman Sachs downgraded Marriott (MAR 35.18, -2.48), which dropped to a multi-month low earlier today. Although it has bounced up from that low, the stock is still down 5%.
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