Friday, May 22, 2009

Moody's comfortable with AAA sovereing rating on US

Reuters reports Moody's Investors Service said Thursday it is comfortable with the triple-A sovereign rating on the United States, but it is not guaranteed forever.

S&P 500 Jun09 futures up 4.7 points (0.53%) to 893.40 and Nasdaq 100 Jun 09 futures up 6.25 points to 1,373.74. Futures on the Dow Jones Industrial Average up 42 (0.51%) points to 8337.

Marketwatch report "bears may take advantage of what could be light volumes to close out negative bets"

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