With major indexes trading at new 18-month highs, many analysts warned that the market has been overbought at the moment. Karen Finerman, co-founder and president of Metropolitan Capital Advisors, said on CNBC that she was not surprised if the market is little boosted or even down as more robust earnings are coming in, since most of them have been already factored in after the recent rally.
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U.S. budget deficit drops to 65.4 billion dollars in March
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World economy to be volatile in 2010 as recovery still fragile
BEIJING, April 11 (Xinhua) -- The global economic growth is expected to gain speed in the first half of this year and slowdown in the latter half as the recovery is still fragile, deputy governor of China's central bank said on Sunday. Full story
Eurozone partners pledge 30 billion euros on Greek rescue package
BRUSSELS, April 11 (Xinhua) --Eurozone finance ministers on Sunday hammered out further details of a Greek rescue package, pledging 30 billion euros (41 billion U.S. dollars) in the first year to bail out debt-hit Greece if necessary. Full story
