Sitting pretty - Marketintelligencecenter.com

Sitting pretty


After the open… Major indices are higher this morning, and the NASDAQ has returned, at long last, to the very brink of 5,000. Traders are pleased with the prospect of an imminent merger between NXP Semiconductor (NXPI) and Freescale Semiconductor (FSL), which are up 15% and 10% respectively. West Texas Intermediate crude has stubbornly returned, yet again, to $50 per barrel, a number which increasingly seems to have a magnetic effect on the price of oil. The market is responding rather forgivingly to a self-inflicted injury by Lumber... Read More



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