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U.S Market Update

Posted on: April 30th, 2008 by Forextvblog No Comments
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- A firmer US dollar and respite in the rise in June crude led to better open for U.S. stock prices. Strong earnings in the tech sector are lifting the Nasdaq this morning, with chipmaker Broadcom leading the way. BRCM is up sharply after reporting strong Q1 results and providing guidance that surpassed analyst estimates. After opening nearly 10% above yesterday’s close, virtualization software maker VMW was trading well in heavy volume this morning after saying it expected strong revenue

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